525 E 550 N Springville, UT 84663
Little Rock Canyon NeighborhoodEstimated Value: $496,000 - $556,823
4
Beds
3
Baths
1,836
Sq Ft
$287/Sq Ft
Est. Value
About This Home
This home is located at 525 E 550 N, Springville, UT 84663 and is currently estimated at $526,456, approximately $286 per square foot. 525 E 550 N is a home located in Utah County with nearby schools including Art City School, Springville Junior High School, and Springville High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 23, 2021
Sold by
Reese Robert T and Reese Carolyn B
Bought by
Reese Robet T and Reese Carolyn B
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
$50,000
Outstanding Balance
$46,282
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$464,151
Purchase Details
Closed on
Apr 9, 2021
Sold by
Reese Robert T and Reese Carolyn B
Bought by
Reese Robert T and Reese Carolyn B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$173,895
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$336,538
Purchase Details
Closed on
May 1, 2020
Sold by
Reese Robert T and Reese Carolyn B
Bought by
Reese Robert T and Reese Carolyn B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 1, 2020
Sold by
Reese Robert T and Reese Carolyn B
Bought by
Reese Robert T and Reese Carolyn B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 18, 2019
Sold by
Reese Robert T and Reese Carolyn B
Bought by
Reese Robert T and Reese Carolyn B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 29, 2018
Sold by
Reese Robert T and Reese Carolyn B
Bought by
Reese Robert R and Reese Carolyn B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 18, 2018
Sold by
Reese Robert T and Reese Carolyn B
Bought by
Reese Robert T and Reese Carolyn B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 26, 2018
Sold by
Reese Robert T and Reese Carolyn B
Bought by
Reese Carolyn B and Kirby Susanna R
Purchase Details
Closed on
Sep 28, 2004
Sold by
Belliston Brad and Belliston Laricia K
Bought by
Reese Robert T and Reese Carolyn B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,920
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 4, 2001
Sold by
Klauck Michael W
Bought by
Belliston Brad and Belliston Laricia K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.62%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reese Robet T | -- | Meridian Title Co | |
| Reese Robert T | -- | Meridian Title Co | |
| Reese Robert T | -- | Amrock Llc | |
| Reese Robert T | -- | Amrock Llc | |
| Reese Robert T | -- | Meridian Title Company | |
| Reese Robert T | -- | Meridian Title Company | |
| Reese Robert T | -- | Cottonwood Title Ins Agcy In | |
| Reese Robert T | -- | Cottonwood Title Ins Agcy In | |
| Reese Robert R | -- | Cottonwood Title Ins Agency | |
| Reese Robert T | -- | Meridian Title Co | |
| Reese Robert T | -- | Meridian Title Co | |
| Reese Carolyn B | -- | None Available | |
| Reese Robert T | -- | Wasatch Land & Title | |
| Belliston Brad | -- | Provo Land Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reese Robert T | $50,000 | |
| Open | Reese Robert T | $220,000 | |
| Closed | Reese Robert T | $50,000 | |
| Closed | Reese Robert T | $199,000 | |
| Closed | Reese Robert R | $195,000 | |
| Closed | Reese Robert T | $70,000 | |
| Closed | Reese Robert T | $42,750 | |
| Closed | Reese Robert T | $74,873 | |
| Closed | Reese Robert T | $34,000 | |
| Closed | Reese Robert T | $151,920 | |
| Previous Owner | Belliston Brad | $110,000 | |
| Closed | Reese Robert T | $28,000 |
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 |
|---|---|---|---|---|
| 2024 | $2,619 | $268,345 | $0 | $0 |
| 2023 | $2,586 | $265,210 | $0 | $0 |
| 2022 | $2,717 | $273,625 | $0 | $0 |
| 2021 | $2,363 | $370,500 | $158,300 | $212,200 |
| 2020 | $2,226 | $338,300 | $131,900 | $206,400 |
| 2019 | $2,014 | $311,600 | $122,800 | $188,800 |
| 2018 | $1,897 | $280,000 | $109,100 | $170,900 |
| 2017 | $1,810 | $141,900 | $0 | $0 |
| 2016 | $1,669 | $128,260 | $0 | $0 |
| 2015 | $1,554 | $122,155 | $0 | $0 |
| 2014 | $1,459 | $113,905 | $0 | $0 |
Source: Public Records
Map
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