NOT LISTED FOR SALE

508 N 550 W Orem, UT 84057

Geneva Neighborhood

Estimated Value: $468,000 - $536,000

4 Beds
3 Baths
2,000 Sq Ft
$249/Sq Ft Est. Value

About This Home

This home is located at 508 N 550 W, Orem, UT 84057 and is currently estimated at $498,766, approximately $249 per square foot. 508 N 550 W is a home located in Utah County with nearby schools including Orem Junior High School, Timpanogos High School, and Noah Webster Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2022
Sold by
Rasmussen Ronald Dee
Bought by
Ronald Dee Rasmussen and Ronald Candace Leigh
Current Estimated Value
$498,766

Purchase Details

Closed on
Jun 29, 2018
Sold by
Home Center Construction Co Llc
Bought by
Rasmussen Ronald and Rasmussen Candace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
4.55%

Purchase Details

Closed on
Dec 12, 2013
Sold by
Walters Andrew and Walters Alexandra
Bought by
Rasmussen Ronald Dee and Rasmussen Candace L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2012
Sold by
Walters Andrew
Bought by
Walters Andrew and Walters Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,283
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2009
Sold by
Bills Patricia J
Bought by
Walters Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,922
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2000
Sold by
Bills Patricia J and Bills Michael
Bought by
Bills Patricia J

Purchase Details

Closed on
Jun 28, 1999
Sold by
Gillman Kreg D and Gillman Tracy B
Bought by
Bills Michael and Bills Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,700
Interest Rate
7.2%
Source: Public Records

Range of Values:

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
Ronald Dee Rasmussen -- Cottonwood Title
Rasmussen Ronald -- --
Rasmussen Ronald Dee -- North American Title
Walters Andrew -- None Available
Walters Andrew -- Equity Title Union Park
Bills Patricia J -- --
Bills Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rasmussen Ronald Dee $199,000
Previous Owner Rasmussen Ronald $205,000
Previous Owner Rasmussen Ronald --
Previous Owner Rasmussen Ronald Dee $205,000
Previous Owner Rasmussen Ronald Dee $25,000
Previous Owner Rasmussen Ronald Dee $160,000
Previous Owner Walters Andrew $185,283
Previous Owner Walters Andrew $193,922
Previous Owner Bills Michael $143,700
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 $1,930 $235,950 $0 $0
2023 $1,779 $233,750 $0 $0
2022 $1,727 $219,945 $0 $0
2021 $1,591 $306,800 $110,600 $196,200
2020 $1,472 $279,000 $88,500 $190,500
2019 $1,414 $278,600 $88,500 $190,100
2018 $1,330 $250,400 $85,100 $165,300
2017 $1,277 $128,865 $0 $0
2016 $1,215 $113,025 $0 $0
2015 $1,190 $104,665 $0 $0
2014 $1,181 $103,455 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84057 Geneva

508 N 550 W, Orem, UT

This home is located at 508 N 550 W, Orem, UT 84057 and is currently estimated at $498,766, approximately $249 per square foot. 508 N 550 W is a home located in Utah County with nearby schools including Orem Junior High School, Timpanogos High School, and Noah Webster Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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