NOT LISTED FOR SALE

388 E 6240 S Salt Lake City, UT 84107

Estimated Value: $540,000 - $687,000

3 Beds
2 Baths
1,600 Sq Ft
$387/Sq Ft Est. Value

About This Home

This home is located at 388 E 6240 S, Salt Lake City, UT 84107 and is currently estimated at $618,603, approximately $386 per square foot. 388 E 6240 S is a home located in Salt Lake County with nearby schools including Longview Elementary School, Hillcrest Junior High School, and Murray High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2006
Sold by
Riches Spencer and Lindeburg Riches Andrea
Bought by
Riches Spencer and Lindeburg Riches Andrea
Current Estimated Value
$602,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.16%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 29, 2001
Sold by
Robinson Stan R and Robinson Janet S
Bought by
Riches Spencer and Riches Andrea
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Riches Spencer -- United Title Services
Riches Spencer -- Superior Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riches Spencer $73,000
Open Riches Spencer $300,000
Closed Riches Sencher $40,000
Closed Riches Spencer $216,750
Closed Riches Spencer $33,500
Closed Riches Spencer $194,000
Closed Riches Spencer $70,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,422 $493,800 $197,100 $296,700
2022 $2,520 $509,000 $193,200 $315,800
2021 $2,210 $393,700 $148,600 $245,100
2020 $2,087 $351,700 $141,200 $210,500
2019 $2,071 $337,200 $141,200 $196,000
2018 $1,834 $304,800 $92,800 $212,000
2017 $1,767 $296,100 $92,800 $203,300
2016 $1,555 $251,600 $92,800 $158,800
2015 $1,529 $224,600 $118,300 $106,300
2014 $1,415 $206,200 $116,000 $90,200
Source: Public Records

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