NOT LISTED FOR SALE

523 W 880 S Orem, UT 84058

Sunset Heights Neighborhood

Estimated Value: $999,000 - $1,489,839

5 Beds
5 Baths
6,610 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 523 W 880 S, Orem, UT 84058 and is currently estimated at $1,279,710, approximately $193 per square foot. 523 W 880 S is a home located in Utah County with nearby schools including Westmore Elementary School, Lakeridge Jr High School, and Mountain View High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2020
Sold by
Paley Michael John and Paley Chandra Lee
Bought by
Nielson James and Nielson Caroline
Current Estimated Value
$1,279,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$788,000
Outstanding Balance
$707,578
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$572,132

Purchase Details

Closed on
Nov 19, 2013
Sold by
Patey Michael John and Patey Chandra Lee
Bought by
Patey Michael John and Patey Chandra Lee

Purchase Details

Closed on
Jul 3, 2013
Sold by
Patey Chandra L and Patey Michael John
Bought by
Patey Michael John and Patey Chandra Lee

Purchase Details

Closed on
May 6, 2011
Sold by
Bishop Rebecca S
Bought by
Patey Chandra L and Patey Michael John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,000
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2004
Sold by
Chevos Lp
Bought by
Bishop Rebecca S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2004
Sold by
Bishop Rebecca S
Bought by
Chevos Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2002
Sold by
Bishop Rebecca S
Bought by
Chevos Ltd Partnership

Purchase Details

Closed on
Jan 29, 2002
Sold by
Chevos Ltd Partnership
Bought by
Bishop Rebecca S

Purchase Details

Closed on
Jul 26, 2001
Sold by
Chevos Ltd Partnership
Bought by
Bishop Rebecca S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.15%

Purchase Details

Closed on
Jul 25, 2001
Sold by
Bishop Rebecca S
Bought by
Chevos Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.15%

Purchase Details

Closed on
Aug 16, 2000
Sold by
Che Vos Ltd Partnership
Bought by
Bishop Rebecca S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.16%
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
Nielson James -- Investors Title Ins Agency
Patey Michael John -- None Available
Patey Michael John -- None Available
Patey Chandra L -- Inwest Title Services Inc
Bishop Rebecca S -- Inwest Title Services Inc
Chevos Lp -- --
Chevos Ltd Partnership -- Inwest Title Services Inc
Bishop Rebecca S -- Inwest Title Services Inc
Bishop Rebecca S -- Horizon Title Insurance Agen
Chevos Ltd Partnership -- Horizon Title Insurance Agen
Bishop Rebecca S -- Summit Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nielson James $788,000
Previous Owner Patey Michael John $500,000
Previous Owner Patey Michael John $2,500,000
Previous Owner Patey Michael John $367,500
Previous Owner Patey Chandra L $649,000
Previous Owner Bishop Rebecca S $569,250
Previous Owner Bishop Rebecca S $67,500
Previous Owner Bishop Rebecca S $137,835
Previous Owner Bishop Rebecca S $275,000
Previous Owner Bishop Rebecca S $250,000
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 $5,044 $616,715 $0 $0
2023 $4,737 $622,545 $0 $0
2022 $4,492 $571,890 $0 $0
2021 $4,339 $836,700 $237,800 $598,900
2020 $4,101 $777,200 $206,800 $570,400
2019 $3,943 $777,200 $206,800 $570,400
2018 $3,888 $732,100 $162,800 $569,300
2017 $3,466 $349,690 $0 $0
2016 $3,485 $324,225 $0 $0
2015 -- $291,390 $0 $0
2014 $3,244 $284,130 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84058 Sunset Heights

523 W 880 S, Orem, UT

This home is located at 523 W 880 S, Orem, UT 84058 and is currently estimated at $1,279,710, approximately $193 per square foot. 523 W 880 S is a home located in Utah County with nearby schools including Westmore Elementary School, Lakeridge Jr High School, and Mountain View High School.

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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