NOT LISTED FOR SALE

5481 W Ridge Hollow Way Salt Lake City, UT 84118

Estimated Value: $468,000 - $523,000

4 Beds
2 Baths
2,086 Sq Ft
$236/Sq Ft Est. Value

About This Home

This home is located at 5481 W Ridge Hollow Way, Salt Lake City, UT 84118 and is currently estimated at $493,005, approximately $236 per square foot. 5481 W Ridge Hollow Way is a home located in Salt Lake County with nearby schools including Thomas Jefferson Jr High School, Kearns High School, and Entheos Academy Kearns.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2022
Sold by
Mendes Armando F
Bought by
Ceballos Martha Lilia Soto
Current Estimated Value
$493,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$63,525
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$429,480

Purchase Details

Closed on
Dec 19, 2022
Sold by
Mendes Armando
Bought by
Mendes Armando and Ceballos Martha Lilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$63,525
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$429,480

Purchase Details

Closed on
Mar 18, 2021
Sold by
Mendes Armando
Bought by
Mendes Armando and Mendes Martha Lilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2015
Sold by
Morgan James F and Morgan Kelly J
Bought by
Mendes Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2003
Sold by
Morgan James F and Morgan Kelly J
Bought by
Morgan James F and Morgan Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,461
Interest Rate
5.97%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 2000
Sold by
Reliance Home Inc
Bought by
Morgan James F and Kirkland Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,031
Interest Rate
7.96%
Mortgage Type
FHA
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
Ceballos Martha Lilia Soto -- First American Title
Mendes Armando -- --
Mendes Armando -- Accommodation
Mendes Armando -- North American Title Llc
Morgan James F -- United Title Services
Morgan James F -- Merrill Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ceballos Martha Lilia Soto $80,000
Previous Owner Mendes Armando $220,924
Previous Owner Morgan James F $139,461
Previous Owner Morgan James F $136,031
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 $3,366 $462,400 $159,400 $303,000
2024 $3,366 $451,800 $156,000 $295,800
2023 $3,158 $407,100 $150,100 $257,000
2022 $3,126 $413,800 $147,100 $266,700
2021 $2,782 $333,400 $113,100 $220,300
2020 $2,647 $296,300 $110,200 $186,100
2019 $2,543 $281,700 $91,800 $189,900
2018 $2,410 $258,100 $86,700 $171,400
2017 $2,119 $237,500 $86,700 $150,800
2016 $1,999 $224,400 $86,700 $137,700
2015 $1,788 $186,900 $78,600 $108,300
2014 $1,755 $179,500 $76,100 $103,400
Source: Public Records

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