NOT LISTED FOR SALE

Estimated Value: $450,000 - $475,000

4 Beds
2 Baths
1,786 Sq Ft
$261/Sq Ft Est. Value

About This Home

This home is located at 5240 W Cherrywood Ln, West Valley City, UT 84120 and is currently estimated at $466,392, approximately $261 per square foot. 5240 W Cherrywood Ln is a home located in Salt Lake County with nearby schools including Kennedy Junior High School, Hunter High School, and Ascent Academies Of Utah - West Valley.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2021
Sold by
Nelson Ryan Michael and Nelson Jenny
Bought by
Latu Varigana and Essary Bethany
Current Estimated Value
$466,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,211
Outstanding Balance
$385,017
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$81,375

Purchase Details

Closed on
Aug 5, 2019
Sold by
Singh Harpreet
Bought by
Nelson Ryan Michael and Nelson Jenny

Purchase Details

Closed on
Jan 23, 2006
Sold by
Chabal Satnam S
Bought by
Singh Harpreet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2003
Sold by
Chahal Satnam S
Bought by
Chahal Satnam S and Singh Harpreet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,800
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2000
Sold by
Thorum Ronald T
Bought by
Chahal Satnam S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
8.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 1997
Sold by
Gaddis Melvin L and Gaddis Patricia L
Bought by
Thorum Ronald Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,650
Interest Rate
7.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 1997
Sold by
Thorum Paula S
Bought by
Thorum Ronald T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,050
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
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
Latu Varigana -- Us Title
Nelson Ryan Michael -- Inwest Title Srvs Slc
Singh Harpreet -- First American Title
Chahal Satnam S -- Surety Title
Chahal Satnam S -- United Title Services
Thorum Ronald Todd -- --
Thorum Ronald T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latu Varigana $422,211
Previous Owner Singh Harpreet $104,000
Previous Owner Chahal Satnam S $109,800
Previous Owner Chahal Satnam S $103,500
Previous Owner Thorum Ronald Todd $70,650
Previous Owner Thorum Ronald T $40,050
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 $2,683 $430,400 $122,800 $307,600
2024 $2,683 $409,600 $117,800 $291,800
2023 $2,585 $377,800 $95,500 $282,300
2022 $2,569 $376,400 $93,600 $282,800
2021 $2,136 $281,300 $72,000 $209,300
2020 $2,002 $248,700 $66,700 $182,000
2019 $834 $225,700 $62,900 $162,800
2018 $1,764 $204,200 $62,900 $141,300
2017 $1,614 $190,000 $62,900 $127,100
2016 $1,520 $179,300 $62,900 $116,400
2015 $1,360 $152,700 $67,400 $85,300
2014 $1,335 $146,800 $65,200 $81,600
Source: Public Records

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