NOT LISTED FOR SALE

3940 Formby Dr Unit 2 Syracuse, UT 84075

Estimated Value: $544,000 - $615,000

5 Beds
4 Baths
1,543 Sq Ft
$372/Sq Ft Est. Value

About This Home

This home is located at 3940 Formby Dr Unit 2, Syracuse, UT 84075 and is currently estimated at $573,488, approximately $371 per square foot. 3940 Formby Dr Unit 2 is a home located in Davis County with nearby schools including Buffalo Point School, Syracuse Junior High School, and Syracuse High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2017
Sold by
Rutherford Elisa
Bought by
Cochran Joel D
Current Estimated Value
$573,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$255,570
Interest Rate
3.95%
Mortgage Type
VA
Estimated Equity
$317,918

Purchase Details

Closed on
Dec 12, 2017
Sold by
Cochran Joel D
Bought by
Cochran Joel D and Cocharan Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$255,570
Interest Rate
3.95%
Mortgage Type
VA
Estimated Equity
$317,918

Purchase Details

Closed on
Feb 24, 2015
Sold by
Gray Bryan C and Gray Elisa
Bought by
Rutherford Elisa

Purchase Details

Closed on
Jun 18, 2008
Sold by
Grover Kimberly L and Grover Scott A
Bought by
Gray Bryan C and Gray Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,375
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2006
Sold by
Mccormack Michael S and Mccormack Lisa
Bought by
Grover Scott A and Grover Kimberly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,920
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 23, 2004
Sold by
Mccormack Michael S
Bought by
Mccormack Michael S and Mccormack Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,750
Interest Rate
5.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 6, 2004
Sold by
Homeland Utah Llc
Bought by
Mccormack Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,750
Interest Rate
5.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 16, 2003
Sold by
Mark Shields Pc
Bought by
Homeland Utah Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,750
Interest Rate
6.4%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Cochran Joel D -- --
Cochran Joel D -- Security Title
Rutherford Elisa -- Old Republic Natl Title Ins
Gray Bryan C -- First American Title
Grover Scott A -- Inwest Title Services Inc
Mccormack Michael S -- Backman Stewart Title Servic
Mccormack Michael S -- Backman Stewart Title Svcs
Homeland Utah Llc -- Heritage West Title Insuranc
Mark Shields Pc -- Mountain View Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochran Joel D $300,000
Closed Cochran Joel D $300,000
Previous Owner Gray Bryan C $231,800
Previous Owner Gray Bryan C $228,375
Previous Owner Grover Scott A $179,920
Previous Owner Grover Scott A $44,980
Previous Owner Mccormack Michael S $124,750
Previous Owner Homeland Utah Llc $124,750
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
2024 $659 $266,199 $106,044 $160,155
2023 $696 $259,600 $82,458 $177,141
2022 $1,726 $511,000 $146,704 $364,296
2021 $1,195 $380,000 $116,919 $263,081
2020 $2,262 $329,000 $100,753 $228,247
2019 $2,104 $302,000 $101,048 $200,952
2018 $1,909 $272,000 $96,243 $175,757
2016 $1,505 $112,475 $37,364 $75,111
2015 $1,490 $106,040 $37,364 $68,676
2014 $1,539 $111,619 $37,364 $74,255
2013 -- $114,521 $32,726 $81,795
Source: Public Records

Map

Utah Davis County Syracuse 84075

3940 Formby Dr Unit 2, Syracuse, UT

This home is located at 3940 Formby Dr Unit 2, Syracuse, UT 84075 and is currently estimated at $573,488, approximately $371 per square foot. 3940 Formby Dr Unit 2 is a home located in Davis County with nearby schools including Buffalo Point School, Syracuse Junior High School, and Syracuse High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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