NOT LISTED FOR SALE

550 N 500 E Orem, UT 84097

Orchard South Neighborhood

Estimated Value: $527,000 - $595,000

5 Beds
4 Baths
2,592 Sq Ft
$214/Sq Ft Est. Value

About This Home

This home is located at 550 N 500 E, Orem, UT 84097 and is currently estimated at $554,902, approximately $214 per square foot. 550 N 500 E is a home located in Utah County with nearby schools including Foothill Elementary School, Canyon View Junior High School, and Orem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2021
Sold by
Gillman Julie J and Gillman Mark L
Bought by
Gillman Mark L and Gillman Julie J
Current Estimated Value
$554,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Outstanding Balance
$118,340
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$436,562

Purchase Details

Closed on
Feb 22, 1999
Sold by
Gillman Mary Ann
Bought by
Gillman Mark L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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Quantarium

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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
Gillman Mark L -- Backman Title Services
Gillman Mark L -- Inwest Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillman Mark L $154,000
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 $2,123 $272,580 $206,800 $288,800
2024 $2,123 $259,545 $0 $0
2023 $2,002 $263,065 $0 $0
2022 $2,127 $270,875 $0 $0
2021 $148 $383,500 $150,000 $233,500
2020 $1,841 $348,900 $120,000 $228,900
2019 $1,729 $340,700 $112,500 $228,200
2018 $1,637 $308,200 $108,700 $199,500
2017 $1,478 $149,050 $0 $0
2016 $1,541 $143,385 $0 $0
2015 $1,508 $132,660 $0 $0
2014 $1,485 $130,075 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84097 Orchard South

550 N 500 E, Orem, UT

Not Listed for Sale

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