NOT LISTED FOR SALE

412 N 1040 E Orem, UT 84097

Orchard South Neighborhood

Estimated Value: $585,223 - $644,000

3 Beds
2 Baths
1,751 Sq Ft
$352/Sq Ft Est. Value

About This Home

This home is located at 412 N 1040 E, Orem, UT 84097 and is currently estimated at $616,056, approximately $351 per square foot. 412 N 1040 E is a home located in Utah County with nearby schools including Cascade Elementary School, Canyon View Junior High School, and Orem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2022
Sold by
Reid Julie M
Bought by
Mike Reid Family Trust
Current Estimated Value
$616,056

Purchase Details

Closed on
Jul 16, 2018
Sold by
Reid Michael V and Reid Julie M
Bought by
Reid Michael V and Reid Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,527
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2016
Sold by
Reid Michael V and Reid Julie M
Bought by
Reid Michael and Reid Julie M

Purchase Details

Closed on
Apr 6, 2015
Sold by
Reid Michael V
Bought by
Reid Michael and Reid Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,193
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2013
Sold by
Shields Terry D and Shields Alma D
Bought by
Reid Michael and Reid Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,766
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2008
Sold by
Shields Terry D
Bought by
Shields Terry D and Shields Alma D

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
Mike Reid Family Trust -- None Listed On Document
Reid Michael V -- Placer Title Ins Agency
Reid Michael -- None Available
Reid Michael -- First American
Reid Michael -- First American
Reid Michael -- Provo Land Title Company
Shields Terry D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reid Michael V $40,000
Previous Owner Reid Michael V $347,527
Previous Owner Reid Michael $304,193
Previous Owner Reid Michael $310,766
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 $2,462 $301,015 $0 $0
2023 $2,334 $306,735 $0 $0
2022 $2,337 $297,550 $0 $0
2021 $2,010 $387,600 $147,000 $240,600
2020 $1,865 $353,500 $117,600 $235,900
2019 $1,741 $343,100 $107,200 $235,900
2018 $1,640 $308,800 $103,700 $205,100
2017 $1,600 $161,370 $0 $0
2016 $1,504 $139,920 $0 $0
2015 $1,569 $137,995 $0 $0
2014 $1,418 $124,135 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84097 Orchard South

412 N 1040 E, Orem, UT

Homes for Sale in Orem, UT

This home is located at 412 N 1040 E, Orem, UT 84097 and is currently estimated at $616,056, approximately $351 per square foot. 412 N 1040 E is a home located in Utah County with nearby schools including Cascade Elementary School, Canyon View Junior High School, and Orem 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.