NOT LISTED FOR SALE

498 S 40 E Farmington, UT 84025

Estimated Value: $579,000 - $642,000

3 Beds
2 Baths
2,403 Sq Ft
$253/Sq Ft Est. Value

About This Home

This home is located at 498 S 40 E, Farmington, UT 84025 and is currently estimated at $606,961, approximately $252 per square foot. 498 S 40 E is a home located in Davis County with nearby schools including Farmington Elementary School, Farmington High, and Farmington Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2021
Sold by
Bornholdt David H and Bornholdt Rebecca S
Bought by
Bornholdt Herbert and Bornholdt Rebecca S
Current Estimated Value
$606,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Outstanding Balance
$361,457
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$245,504

Purchase Details

Closed on
Jan 5, 2015
Sold by
Bornholdt David H
Bought by
Bornholdt David H and Bornholdt Rebecca S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,840
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2014
Sold by
Palmer Estates Llc
Bought by
Hodgman Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
4.18%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 22, 2006
Sold by
Bornholdt David H and Bornholdt Rebecca S
Bought by
Bornholdt David H

Purchase Details

Closed on
Jun 11, 1999
Sold by
Hoster William A
Bought by
Bornholdt David H and Bornholdt Rebecca S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,400
Interest Rate
7.01%

Purchase Details

Closed on
Oct 9, 1996
Sold by
Beutler Scott D and Beutler Michele I
Bought by
Hoster William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.1%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Bornholdt Herbert -- Cottonwood Title Ins Agcy
Bornholdt David H -- Backman Title Serv
Hodgman Roger -- Cottonwood Title Ins
Bornholdt David H -- Bonneville Superior Title Co
Bornholdt David H -- Bonneville Superior Title Co
Bornholdt David H -- Bonneville Title Company Inc
Hoster William A -- Equity Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bornholdt Herbert $393,000
Closed Bornholdt David H $205,840
Closed Hodgman Roger $151,500
Previous Owner Bornholdt David H $157,400
Previous Owner Hoster William A $100,000
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
2025 $3,129 $309,100 $150,819 $158,281
2024 $2,905 $290,400 $147,093 $143,307
2023 $2,745 $500,000 $222,040 $277,960
2022 $2,780 $287,650 $110,290 $177,360
2021 $2,506 $386,000 $174,307 $211,693
2020 $2,224 $334,000 $149,811 $184,189
2019 $2,272 $331,000 $150,197 $180,803
2018 $2,125 $305,000 $144,328 $160,672
2016 $1,918 $141,680 $58,597 $83,083
2015 $1,806 $126,610 $58,597 $68,013
2014 $1,623 $116,951 $48,831 $68,120
2013 -- $121,604 $51,571 $70,033
Source: Public Records

Map

Utah Davis County Farmington 84025

498 S 40 E, Farmington, UT

Not Listed for Sale

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