NOT LISTED FOR SALE

502 S 1040 E Unit 222 American Fork, UT 84003

Estimated Value: $250,000 - $269,000

2 Beds
1 Bath
988 Sq Ft
$266/Sq Ft Est. Value

About This Home

This home is located at 502 S 1040 E Unit 222, American Fork, UT 84003 and is currently estimated at $262,447, approximately $265 per square foot. 502 S 1040 E Unit 222 is a home located in Utah County with nearby schools including Barratt Elementary School, American Fork Junior High School, and American Fork High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2024
Sold by
Welling Rebecca
Bought by
Tessie A Langford Holding Trust and Welling
Current Estimated Value
$262,447

Purchase Details

Closed on
Jan 3, 2023
Sold by
Bryan P Miller Family Trust and Mcmorrow Audrey
Bought by
Welling Rebecca

Purchase Details

Closed on
Jul 9, 2020
Sold by
Miller Bryan P
Bought by
Miller Bryan Paul and Bryan P Miller Family Trust

Purchase Details

Closed on
Oct 22, 2019
Sold by
Gunderson Valerie
Bought by
Miller Bryan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2005
Sold by
Mira Condominiums Development Llc
Bought by
Harmon Gaylen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,450
Interest Rate
4.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Tessie A Langford Holding Trust -- None Listed On Document
Welling Rebecca -- First American Title Insurance
Miller Bryan Paul -- Vanguard Ttl Ins Agcy Llc Am
Miller Bryan P -- Access Title Co
Harmon Gaylen T -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Bryan P $52,000
Previous Owner Harmon Gaylen T $108,450
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 $1,222 $137,610 $27,800 $222,400
2024 $1,222 $135,795 $0 $0
2023 $1,015 $119,515 $0 $0
2022 $1,112 $129,305 $0 $0
2021 $1,070 $194,300 $23,300 $171,000
2020 $982 $173,000 $20,800 $152,200
2019 $904 $164,700 $19,600 $145,100
2018 $815 $142,000 $17,000 $125,000
2017 $708 $66,550 $0 $0
2016 $762 $66,550 $0 $0
2015 $803 $66,550 $0 $0
2014 $706 $57,750 $0 $0
Source: Public Records

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