497 S 500 W Payson, UT 84651
Estimated Value: $380,000 - $455,000
5
Beds
2
Baths
2,040
Sq Ft
$206/Sq Ft
Est. Value
About This Home
This home is located at 497 S 500 W, Payson, UT 84651 and is currently estimated at $419,649, approximately $205 per square foot. 497 S 500 W is a home located in Utah County with nearby schools including Wilson Elementary School, Mt. Nebo Junior High School, and Mt. Nebo Middle.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 8, 2024
Sold by
Castro Juvencio Torres
Bought by
Torres Patricia
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Outstanding Balance
$28,891
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$381,742
Purchase Details
Closed on
Mar 2, 2005
Sold by
Hurst Jay C and Hurst Alisha A
Bought by
Torres Juvencio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,146
Interest Rate
5.53%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 28, 2003
Sold by
Schramm Rodney F and Schramm Kathleen D
Bought by
Hurst Jay C and Hurst Alisha A
Purchase Details
Closed on
Nov 7, 2002
Sold by
Fannie Mae
Bought by
Schramm Rodney F and Svhramm Kathleen D
Purchase Details
Closed on
Aug 1, 2002
Sold by
Knutson Adina M and Manhattan Capital Lc
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jun 18, 1999
Sold by
Erekson Adina M
Bought by
Knutson Adina M and Erekson Adina M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,500
Interest Rate
7.05%
Purchase Details
Closed on
May 14, 1997
Sold by
Erekson Charles Perry and Erekson Adina M
Bought by
Erekson Adina M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
8.15%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Torres Patricia | -- | Wasatch Land & Title | |
| Torres Juvencio | -- | Utah Standard Title | |
| Hurst Jay C | -- | Old Republic Title Of Utah | |
| Schramm Rodney F | $68,000 | Empire Land Title Company | |
| Federal National Mortgage Association | $86,076 | Backman Stewart Title Svcs | |
| Knutson Adina M | -- | Pro Title & Escrow Inc | |
| Erekson Adina M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Torres Juvencio | $118,146 | |
| Previous Owner | Knutson Adina M | $81,500 | |
| Previous Owner | Erekson Adina M | $64,000 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $1,630 | $341,300 | $118,000 | $223,300 |
| 2024 | $1,630 | $165,880 | $0 | $0 |
| 2023 | $1,590 | $162,305 | $0 | $0 |
| 2022 | $1,667 | $167,310 | $0 | $0 |
| 2021 | $1,395 | $224,600 | $86,700 | $137,900 |
| 2020 | $1,298 | $204,500 | $75,400 | $129,100 |
| 2019 | $1,105 | $178,400 | $65,100 | $113,300 |
| 2018 | $1,081 | $168,200 | $54,900 | $113,300 |
| 2017 | $1,053 | $88,110 | $0 | $0 |
| 2016 | $994 | $82,665 | $0 | $0 |
| 2015 | $901 | $74,415 | $0 | $0 |
| 2014 | $793 | $66,000 | $0 | $0 |
Source: Public Records
Map
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