509 S 400 E Orem, UT 84097
SCERA NeighborhoodEstimated Value: $489,000 - $531,000
4
Beds
3
Baths
2,304
Sq Ft
$221/Sq Ft
Est. Value
About This Home
This home is located at 509 S 400 E, Orem, UT 84097 and is currently estimated at $508,992, approximately $220 per square foot. 509 S 400 E is a home located in Utah County with nearby schools including Centennial Elementary, Lakeridge Jr High School, and Orem High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 7, 2020
Sold by
Maxler Properties Llc
Bought by
Salazar Reynaldo Penaranda
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
$121,030
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 4, 2016
Sold by
Reese David T and Reese Patricia L
Bought by
Maxler Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 23, 2011
Sold by
Reese David J and Reese David T
Bought by
Reese David T and Reese Patricia L
Purchase Details
Closed on
Jun 24, 1998
Sold by
Hall Kenneth R and Collins Karma H
Bought by
Reese David J and Reese David T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,176
Interest Rate
7.17%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Salazar Reynaldo Penaranda | -- | Monument Title Insurance Inc | |
| Maxler Properties Llc | -- | 1St Liberty Title Lc | |
| Reese David T | -- | Accommodation | |
| Reese David J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Salazar Reynaldo Penaranda | $90,000 | |
| Closed | Salazar Reynaldo Penaranda | $121,030 | |
| Previous Owner | Maxler Properties Llc | $140,000 | |
| Previous Owner | Reese David J | $15,000 | |
| Previous Owner | Reese David J | $126,176 |
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 |
|---|---|---|---|---|
| 2024 | $1,989 | $243,265 | $0 | $0 |
| 2023 | $1,875 | $246,400 | $0 | $0 |
| 2022 | $1,825 | $232,320 | $0 | $0 |
| 2021 | $1,703 | $328,500 | $131,600 | $196,900 |
| 2020 | $1,574 | $298,300 | $105,300 | $193,000 |
| 2019 | $1,350 | $266,100 | $98,300 | $167,800 |
| 2018 | $1,329 | $250,200 | $94,700 | $155,500 |
| 2017 | $1,220 | $126,885 | $0 | $0 |
| 2016 | $1,165 | $108,405 | $0 | $0 |
| 2015 | $1,203 | $105,875 | $0 | $0 |
| 2014 | $1,184 | $103,675 | $0 | $0 |
Source: Public Records
Map
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