NOT LISTED FOR SALE

5131 S Caribbean Way Salt Lake City, UT 84107

Estimated Value: $631,000 - $659,000

5 Beds
3 Baths
2,339 Sq Ft
$274/Sq Ft Est. Value

About This Home

This home is located at 5131 S Caribbean Way, Salt Lake City, UT 84107 and is currently estimated at $641,847, approximately $274 per square foot. 5131 S Caribbean Way is a home located in Salt Lake County with nearby schools including Parkside Elementary School, Hillcrest Junior High School, and Murray High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2021
Sold by
Reese Daniel Chris
Bought by
Reese Daniel C and Reese Emily Elizabeth
Current Estimated Value
$641,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,250
Outstanding Balance
$272,088
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$369,759

Purchase Details

Closed on
Jun 23, 2020
Sold by
Reese Daniel C
Bought by
Reese Daniel C and Reese Emily Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2015
Sold by
Reese Daniel C and Reese Emily Elizabeth
Bought by
Reese Daniel C

Purchase Details

Closed on
Oct 17, 2014
Sold by
Reese Daniel C
Bought by
Reese Daniel C and Reese Emily Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2013
Sold by
Reese Thomas
Bought by
Reese Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2013
Sold by
Reese Daniel C
Bought by
Reese Daniel C and Reese Emily Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2012
Sold by
Reese Thomas
Bought by
Reese Daniel Christopher and Reese Emily Elizabeth

Purchase Details

Closed on
Jun 20, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Reese Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,990
Interest Rate
4.56%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2010
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 9, 2010
Sold by
Crawford Barry J and Crawford Angela
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 8, 2003
Sold by
Tate Scott C and Tate Jona L
Bought by
Crawford Barry J and Crawford Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,280
Interest Rate
5.84%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2001
Sold by
Jacobs Russell R and Wonnacott Katherine
Bought by
Tate Scott C and Tate Jona L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,550
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 1994
Sold by
Jacobs Russell Reed
Bought by
Jacobs Reed M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,100
Interest Rate
7.5%
Mortgage Type
VA
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
Reese Daniel C -- Stewart Title Ins Agcy Of Ut
Reese Daniel Chris -- Stewart Title Ins Agcy Of Ut
Reese Daniel C -- Stewart Title Ins Agcy Of Ut
Reese Daniel C -- Title West
Reese Daniel C -- Title West
Reese Daniel C -- Title West
Reese Daniel C -- Title West
Reese Daniel C -- Title West
Reese Daniel C -- Title West
Reese Daniel Christopher -- Title West
Reese Thomas -- Monument Title Ins Co
Secretary Of Housing & Urban Development -- Inwest Title Services
Wells Fargo Bank Na $273,613 Etitle Insurance Agency
Crawford Barry J -- First American Title
Tate Scott C -- Associated Title
Jacobs Russell R -- Associated Title
Jacobs Reed M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reese Daniel Chris $325,250
Closed Reese Daniel C $285,000
Closed Reese Daniel C $225,250
Closed Reese Daniel C $200,000
Closed Reese Thomas $144,990
Previous Owner Crawford Barry J $173,280
Previous Owner Tate Scott C $142,550
Previous Owner Jacobs Reed M $60,100
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 $2,346 $565,800 $199,900 $365,900
2024 $2,346 $520,300 $193,700 $326,600
2023 $2,060 $437,700 $191,400 $246,300
2022 $2,084 $420,900 $187,600 $233,300
2021 $1,921 $342,100 $144,300 $197,800
2020 $1,861 $313,700 $139,200 $174,500
2019 $1,519 $247,300 $130,600 $116,700
2018 $1,394 $231,700 $130,600 $101,100
2017 $1,304 $218,500 $130,600 $87,900
2016 $1,173 $189,800 $130,600 $59,200
2015 $1,135 $166,700 $128,000 $38,700
2014 $1,076 $156,700 $125,300 $31,400
Source: Public Records

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