NOT LISTED FOR SALE

Estimated Value: $367,000 - $420,442

4 Beds
1 Bath
1,075 Sq Ft
$372/Sq Ft Est. Value

About This Home

This home is located at 516 Chicago St, Salt Lake City, UT 84116 and is currently estimated at $400,361, approximately $372 per square foot. 516 Chicago St is a home located in Salt Lake County with nearby schools including Mary W. Jackson Elementary School, Rose Park Elementary School, and West High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2023
Sold by
Gibbon Steven C and Gibbon Anita B
Bought by
Steven And Anita Gibbon Family Trust and Gibbon
Current Estimated Value
$400,361

Purchase Details

Closed on
May 10, 2006
Sold by
Community Development Corp Of Utah
Bought by
Gibbon Steven C and Gibbon Anita B C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,124
Interest Rate
6.3%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2005
Sold by
Hud
Bought by
Community Development Corp Of Utah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 22, 2005
Sold by
Gmac Mortgage Corp
Bought by
Hud

Purchase Details

Closed on
Mar 17, 2005
Sold by
Delatorre Maria De Jesus
Bought by
Gmac Mortgage Corp

Purchase Details

Closed on
Jan 25, 2000
Sold by
Derbidge Jeremy and Derbidge Jamie
Bought by
Derbidge Jeremy T and Derbidge Jamie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,354
Interest Rate
7.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 1999
Sold by
Matheson Iris M
Bought by
Derbidge Jeremy and Derbidge Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,354
Interest Rate
7.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 2, 1996
Sold by
Matheson Iris M
Bought by
Matheson Iris M

Purchase Details

Closed on
Feb 17, 1995
Sold by
Matheson Iris M
Bought by
Matheson Iris M and Barnard Webster Matheson Family Trust
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
Steven And Anita Gibbon Family Trust -- None Listed On Document
Gibbon Steven C -- Monument Title Ins Co
Community Development Corp Of Utah -- Monument Title Ins Co
Hud -- First American Title
Gmac Mortgage Corp $117,451 First American Title
Derbidge Jeremy T -- First American Title
Derbidge Jeremy -- First American Title Ins Co
Matheson Iris M -- --
Matheson Iris M -- --
Matheson Iris M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steven And Anita Gibbon Family $184,167
Previous Owner Gibbon Anita B C $110,650
Previous Owner Gibbon Steven C $125,750
Previous Owner Gibbon Steven C $128,455
Previous Owner Gibbon Steven C $131,700
Previous Owner Gibbon Steven C $113,124
Previous Owner Community Development Corp Of Utah $5,000,000
Previous Owner Derbidge Jeremy T $94,354
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 $1,670 $318,600 $96,600 $222,000
2023 $1,545 $284,200 $92,900 $191,300
2022 $1,663 $287,000 $91,100 $195,900
2021 $1,462 $228,400 $63,100 $165,300
2020 $1,381 $205,300 $56,300 $149,000
2019 $1,428 $199,800 $52,900 $146,900
2018 $1,188 $0 $0 $0
2017 $1,174 $149,800 $52,900 $96,900
2016 $1,072 $129,900 $44,500 $85,400
2015 $984 $113,000 $43,600 $69,400
2014 $946 $107,800 $42,700 $65,100
Source: Public Records

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