540 S 500 E Orem, UT 84097
SCERA NeighborhoodEstimated Value: $530,000 - $613,000
5
Beds
2
Baths
3,238
Sq Ft
$182/Sq Ft
Est. Value
About This Home
This home is located at 540 S 500 E, Orem, UT 84097 and is currently estimated at $589,627, approximately $182 per square foot. 540 S 500 E 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
Mar 2, 2023
Sold by
Escobedo Calvin
Bought by
Hannemann Joseph and Terry Russell Kyle
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
$564,585
Outstanding Balance
$546,924
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
$42,703
Purchase Details
Closed on
Nov 3, 2020
Sold by
Escobedo Calvin
Bought by
Escobedo Calvin and Pullan Mckenzie
Purchase Details
Closed on
Oct 18, 2019
Sold by
Escobedo Calvin and Stevens Janice
Bought by
Escobedo Calvin and Pullan Mckenzie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,500
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 17, 2019
Sold by
Ross Maryn
Bought by
Escobedo Calvin and Stevens Janice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,500
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 8, 2011
Sold by
Hilton Sterling Clint and Hilton Heidi Bradford
Bought by
Roos Maryn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,832
Interest Rate
4.87%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 6, 1996
Sold by
Floyd Jerry R and Floyd Bonnie L
Bought by
Hilton Sterling Clint and Hilton Heidi Bradford
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
8.2%
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 |
|---|---|---|---|
| Hannemann Joseph | -- | First American Title | |
| Escobedo Calvin | -- | Gateway Title Insurance Agen | |
| Escobedo Calvin | -- | Gateway Title Ins Agcy Llc | |
| Escobedo Calvin | -- | Gateway Title Ins Agcy Llc | |
| Escobedo Calvin | -- | Truly Title Inc Utah | |
| Roos Maryn | -- | Provo Land Title Company | |
| Hilton Sterling Clint | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hannemann Joseph | $564,585 | |
| Previous Owner | Escobedo Calvin | $280,500 | |
| Previous Owner | Roos Maryn | $194,832 | |
| Previous Owner | Hilton Sterling Clint | $121,600 |
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 | $2,066 | $271,975 | $188,900 | $305,600 |
| 2024 | $2,066 | $252,670 | $0 | $0 |
| 2023 | $1,951 | $256,410 | $0 | $0 |
| 2022 | $1,991 | $253,550 | $0 | $0 |
| 2021 | $1,864 | $359,500 | $137,000 | $222,500 |
| 2020 | $1,729 | $327,700 | $109,600 | $218,100 |
| 2019 | $1,434 | $282,600 | $102,300 | $180,300 |
| 2018 | $1,384 | $260,600 | $98,600 | $162,000 |
| 2017 | $1,302 | $131,340 | $0 | $0 |
| 2016 | $1,262 | $117,370 | $0 | $0 |
| 2015 | $1,280 | $112,640 | $0 | $0 |
| 2014 | $1,215 | $106,425 | $0 | $0 |
Source: Public Records
Map
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