520 E 550 S Orem, UT 84097
SCERA NeighborhoodEstimated Value: $477,000 - $525,000
3
Beds
2
Baths
1,206
Sq Ft
$409/Sq Ft
Est. Value
About This Home
This home is located at 520 E 550 S, Orem, UT 84097 and is currently estimated at $492,890, approximately $408 per square foot. 520 E 550 S 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
Dec 29, 2017
Sold by
Hancock Mark and Hancock Ralph D
Bought by
Hancock Jesse and Hancock Carly
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
$229,425
Outstanding Balance
$193,657
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$299,233
Purchase Details
Closed on
Oct 29, 2015
Sold by
Hancock Mark and Estate Of Emily Elaine Hancock
Bought by
Hancock Mark and Hancock Ralph D
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hancock Jesse | -- | Surety Title Agency | |
| Hancock Mark | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hancock Jesse | $229,425 |
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 |
|---|---|---|---|---|
| 2025 | $1,686 | $224,125 | $181,000 | $226,500 |
| 2024 | $1,686 | $206,195 | $0 | $0 |
| 2023 | $1,525 | $200,420 | $0 | $0 |
| 2022 | $1,658 | $211,090 | $0 | $0 |
| 2021 | $1,538 | $296,600 | $131,300 | $165,300 |
| 2020 | $1,409 | $267,100 | $105,000 | $162,100 |
| 2019 | $1,288 | $253,900 | $98,000 | $155,900 |
| 2018 | $1,222 | $230,100 | $94,500 | $135,600 |
| 2017 | $1,165 | $117,535 | $0 | $0 |
| 2016 | $1,054 | $98,010 | $0 | $0 |
| 2015 | $1,080 | $94,985 | $0 | $0 |
| 2014 | $1,044 | $91,410 | $0 | $0 |
Source: Public Records
Map
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