NOT LISTED FOR SALE

Estimated Value: $533,000 - $578,562

5 Beds
3 Baths
2,828 Sq Ft
$198/Sq Ft Est. Value

About This Home

This home is located at 548 W 120 N, Orem, UT 84057 and is currently estimated at $560,141, approximately $198 per square foot. 548 W 120 N is a home located in Utah County with nearby schools including Parkside Elementary School, Orem Junior High School, and Mountain View High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2022
Sold by
Couple Renovations Llc
Bought by
Hutchings Michael Paul and Grow Desiree
Current Estimated Value
$560,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,935
Outstanding Balance
$508,887
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$51,030

Purchase Details

Closed on
Aug 25, 2022
Sold by
Mark Allison
Bought by
A Couple Renovations Llc

Purchase Details

Closed on
Feb 8, 2019
Sold by
Opendoor Property Trust
Bought by
Allison Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,600
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 24, 2004
Sold by
Martinengo Giuseppe
Bought by
Martinengo Giuseppe and Martinengo Giovanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 7, 2003
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Martinengo Giuseppe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,558
Interest Rate
5.82%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2002
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,558
Interest Rate
5.82%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 27, 2002
Sold by
Morgan Robert H
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jan 25, 2001
Sold by
Mahana Susan M
Bought by
Morgan Robert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,700
Interest Rate
7.41%

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
Hutchings Michael Paul -- Title One
A Couple Renovations Llc -- Cottonwood Title
Allison Mark -- Cottonwood Title
Martinengo Giuseppe -- Title West Title Company
Martinengo Giuseppe -- First American Title Co
Federal Home Loan Mortgage Corporation -- Backman Stewart Title Servi
Mortgage Electronic Registration Systems $214,276 Backman Stewart Title Servi
Morgan Robert H -- Title One
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchings Michael Paul $519,935
Previous Owner Allison Mark $385,600
Previous Owner Martinengo Giuseppe $140,000
Previous Owner Martinengo Giuseppe $155,558
Previous Owner Morgan Robert H $195,700
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 $2,060 $251,845 $0 $0
2023 $1,923 $252,670 $0 $0
2022 $1,880 $239,415 $0 $0
2021 $1,747 $336,900 $115,300 $221,600
2020 $1,621 $307,300 $92,200 $215,100
2019 $1,475 $290,700 $92,200 $198,500
2018 $1,408 $265,200 $85,100 $180,100
2017 $1,334 $134,530 $0 $0
2016 $1,282 $119,295 $0 $0
2015 $1,197 $105,325 $0 $0
2014 $1,060 $92,840 $0 $0
Source: Public Records

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