NOT LISTED FOR SALE

Estimated Value: $508,000 - $550,000

5 Beds
3 Baths
3,062 Sq Ft
$172/Sq Ft Est. Value

About This Home

This home is located at 494 W 40 N Unit 7, Orem, UT 84057 and is currently estimated at $526,330, approximately $171 per square foot. 494 W 40 N Unit 7 is a home located in Utah County with nearby schools including Parkside Elementary School, Orem Junior High School, and Mountain View High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2020
Sold by
Lambert Dan David
Bought by
Lambert Dan David and Lambert Marian Elizabeth
Current Estimated Value
$526,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$123,140
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$400,588

Purchase Details

Closed on
Feb 25, 2020
Sold by
Dewey Larry V and Dewey Teresa T
Bought by
Ambert Dan Dvid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$123,140
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$400,588

Purchase Details

Closed on
Jan 14, 2015
Sold by
Dewey Larry V and Dewey Teresa
Bought by
Dewey Larry V and Revocab Teresa T Dewey

Purchase Details

Closed on
Aug 27, 2014
Sold by
Dewey Larry V
Bought by
Dewey Larry and Dewey Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2011
Sold by
Anderson Barbara R
Bought by
Anderson Barbara R

Purchase Details

Closed on
Sep 19, 1997
Sold by
Adm Development L C
Bought by
Anderson Barbara R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.54%

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
Lambert Dan David -- Accommodation
Ambert Dan Dvid -- Skyline Title Llc
Dewey Larry V -- None Available
Dewey Larry -- Utah First Title Ins Ag
Dewey Larry V -- Pro Title & Escrow Inc
Anderson Barbara R -- None Available
Anderson Barbara R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ambert Dan Dvid $168,000
Previous Owner Dewey Larry $197,600
Previous Owner Anderson Barbara R $130,000
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
2024 $2,269 $277,420 $0 $0
2023 $2,110 $277,310 $0 $0
2022 $1,789 $227,755 $0 $0
2021 $1,627 $313,700 $76,300 $237,400
2020 $1,533 $290,500 $76,300 $214,200
2019 $1,337 $263,600 $76,300 $187,300
2018 $1,400 $263,600 $76,300 $187,300
2017 $1,407 $141,955 $0 $0
2016 $1,477 $137,390 $0 $0
2015 $1,494 $131,450 $0 $0
2014 -- $118,800 $0 $0
Source: Public Records

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