NOT LISTED FOR SALE

505 E 2000 S Unit 16 Orem, UT 84058

Cherry Hill Neighborhood

Estimated Value: $437,000 - $478,000

2 Beds
2 Baths
2,484 Sq Ft
$185/Sq Ft Est. Value

About This Home

This home is located at 505 E 2000 S Unit 16, Orem, UT 84058 and is currently estimated at $459,650, approximately $185 per square foot. 505 E 2000 S Unit 16 is a home located in Utah County with nearby schools including Cherry Hill Elementary School, Lakeridge Jr High School, and Mountain View High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2016
Sold by
Poulsen Jarren L and Poulsen Jordan
Bought by
Poulsen Jarren
Current Estimated Value
$459,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,496,000
Outstanding Balance
$1,193,744
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
-$734,094

Purchase Details

Closed on
Aug 1, 2006
Sold by
Wright Nadine B
Bought by
Wright Elsie Nadine Blau

Purchase Details

Closed on
Nov 5, 2001
Sold by
Ericksen Russell S
Bought by
Wright Nadine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Interest Rate
6.84%

Purchase Details

Closed on
Jan 5, 1999
Sold by
Terry Anthony I and Terry Debra J
Bought by
Ericksen Russell S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
6.66%

Purchase Details

Closed on
Oct 30, 1996
Sold by
Orchard View Estates Lc
Bought by
Terry Anthony L and Terry Debra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
8.11%
Source: Public Records

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
Poulsen Jarren -- Meridian Title Co
Wright Elsie Nadine Blau -- None Available
Wright Nadine B -- Horizon Title Insurance Agen
Ericksen Russell S -- First American Title Co
Terry Anthony L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poulsen Jarren $1,496,000
Previous Owner Wright Nadine B $125,100
Previous Owner Ericksen Russell S $144,400
Previous Owner Terry Anthony L $157,500
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
2025 $1,886 $238,755 $63,800 $370,300
2024 $1,886 $230,670 $0 $0
2023 $1,706 $224,235 $0 $0
2022 $1,816 $231,220 $0 $0
2021 $1,639 $316,100 $47,400 $268,700
2020 $1,367 $259,100 $38,900 $220,200
2019 $883 $174,000 $33,000 $141,000
2018 $924 $174,000 $33,000 $141,000
2017 $949 $95,700 $0 $0
2016 $1,029 $95,700 $0 $0
2015 $1,088 $95,700 $0 $0
2014 $1,035 $90,640 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84058 Cherry Hill

505 E 2000 S Unit 16, Orem, UT

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