NOT LISTED FOR SALE

Estimated Value: $497,000 - $551,690

4 Beds
3 Baths
2,273 Sq Ft
$231/Sq Ft Est. Value

About This Home

This home is located at 492 N 550 W, Orem, UT 84057 and is currently estimated at $526,173, approximately $231 per square foot. 492 N 550 W is a home located in Utah County with nearby schools including Orem Junior High School, Timpanogos High School, and Noah Webster Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2016
Sold by
Chipman Jack L and Corinne Chipman E
Bought by
Barnum Micahel Glenn and Barnum Wilma Blanche
Current Estimated Value
$526,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,708
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2000
Sold by
Johnson Michael L and Johnson Leann
Bought by
Chipman Jack L and Corinne Chipman E

Purchase Details

Closed on
Feb 2, 1998
Sold by
Mccormack Arch M and Mccormack Elizabeth D
Bought by
Mccormack Kenneth Neil and Mccormack Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,500
Interest Rate
6.99%

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
Barnum Micahel Glenn -- Provo Land Title Co
Chipman Jack L -- Titlewriters Inc
Mccormack Kenneth Neil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnum Michael Glenn $351,600
Closed Barnum Michael Glenn $40,000
Closed Barnum Michael Glenn $252,568
Closed Barnum Michael Glenn $252,606
Closed Barnum Micahel Glenn $259,708
Previous Owner Mccormack Kenneth Neil $98,500
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 $2,101 $256,850 $0 $0
2023 $1,960 $257,565 $0 $0
2022 $1,906 $242,715 $0 $0
2021 $1,769 $341,100 $117,500 $223,600
2020 $1,641 $311,100 $94,000 $217,100
2019 $1,524 $300,300 $94,000 $206,300
2018 $1,479 $278,500 $90,400 $188,100
2017 $1,378 $138,985 $0 $0
2016 $1,307 $121,550 $0 $0
2015 $1,264 $111,210 $0 $0
2014 $1,211 $106,040 $0 $0
Source: Public Records

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