NOT LISTED FOR SALE

488 Tonalea Dr Unit 488 Salt Lake City, UT 84107

Estimated Value: $305,000 - $352,000

2 Beds
2 Baths
1,046 Sq Ft
$311/Sq Ft Est. Value

About This Home

This home is located at 488 Tonalea Dr Unit 488, Salt Lake City, UT 84107 and is currently estimated at $325,688, approximately $311 per square foot. 488 Tonalea Dr Unit 488 is a home located in Salt Lake County with nearby schools including Parkside Elementary School, Hillcrest Junior High School, and Murray High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2024
Sold by
Opendoor Property Trust
Bought by
Alley Tysin
Current Estimated Value
$325,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Outstanding Balance
$325,406
Interest Rate
6.47%
Mortgage Type
VA
Estimated Equity
-$4,476

Purchase Details

Closed on
May 7, 2024
Sold by
Wilson Gregory Chase and Wilson Alexis P
Bought by
Opendoor Property Trust and Wilson Alexis P

Purchase Details

Closed on
Sep 10, 2019
Sold by
Wilson Gregory Chase
Bought by
Wilson Gregory Chase and Wilson Alexis P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 29, 2015
Sold by
Deutsche Bank National Trust Co
Bought by
Wilson Gregory Chase

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,826
Interest Rate
3.78%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 2015
Sold by
Otterstrom Michael R
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Oct 21, 2011
Sold by
Otterstrom Michael
Bought by
The Willows Homeowners Association

Purchase Details

Closed on
Sep 11, 2002
Sold by
Va
Bought by
Otterstrom Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,100
Interest Rate
6.37%
Mortgage Type
VA

Purchase Details

Closed on
Dec 4, 2001
Sold by
Woodruff Michael B
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Aug 6, 2001
Sold by
Homeside Lending Inc
Bought by
Va

Purchase Details

Closed on
Jun 30, 1998
Sold by
Riter Martha M
Bought by
Woodruff Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,406
Interest Rate
7.06%
Mortgage Type
VA

Purchase Details

Closed on
Nov 27, 1995
Sold by
Wall Laura
Bought by
Riter Martha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
7.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 1994
Sold by
Mcmahon Caroline D
Bought by
Wall Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8.54%
Mortgage Type
Purchase Money Mortgage
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
Alley Tysin -- Cottonwood Title
Opendoor Property Trust -- Cottonwood Title
Wilson Gregory Chase -- Meridian Title
Wilson Gregory Chase -- Bonneville Superior Title
Deutsche Bank National Trust Co $91,200 Etitle Insurance Agency
The Willows Homeowners Association $9,326 None Available
Otterstrom Michael R -- --
Homeside Lending Inc -- First Southwestern Title
Va -- First Southwestern Title
Woodruff Michael B -- --
Riter Martha M -- --
Wall Laura -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alley Tysin $326,000
Previous Owner Wilson Gregory Chase $50,000
Previous Owner Wilson Gregory Chase $30,000
Previous Owner Wilson Gregory Chase $117,826
Previous Owner Otterstrom Michael R $15,000
Previous Owner Otterstrom Michael R $92,100
Previous Owner Woodruff Michael B $107,406
Previous Owner Riter Martha M $87,300
Previous Owner Wall Laura $56,000
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 $1,378 $292,800 $87,800 $205,000
2022 $1,361 $274,800 $82,400 $192,400
2021 $1,113 $198,300 $59,500 $138,800
2020 $1,052 $177,400 $53,200 $124,200
2019 $1,018 $165,700 $49,700 $116,000
2018 $894 $148,500 $44,500 $104,000
2017 $777 $130,100 $39,000 $91,100
2016 $740 $119,700 $35,900 $83,800
2015 $775 $113,900 $34,100 $79,800
2014 -- $112,800 $33,800 $79,000
Source: Public Records

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