NOT LISTED FOR SALE

551 Oakwood Place Unit 31 Farmington, UT 84025

Estimated Value: $1,466,000 - $1,891,119

5 Beds
4 Baths
2,358 Sq Ft
$711/Sq Ft Est. Value

About This Home

This home is located at 551 Oakwood Place Unit 31, Farmington, UT 84025 and is currently estimated at $1,676,030, approximately $710 per square foot. 551 Oakwood Place Unit 31 is a home located in Davis County with nearby schools including Knowlton Elementary School, Farmington High, and Farmington Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2024
Sold by
Mecham Angela S and Mecham James K
Bought by
James And Angela Mecham Living Trust and Mecham
Current Estimated Value
$1,676,030

Purchase Details

Closed on
Sep 20, 2021
Sold by
Phillips Chelane April and Hoffman Chad David
Bought by
Mecham Angela S and Mecham James K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2020
Sold by
Hoffman Chad and Phillips Chelane
Bought by
Phillips Chelane April and Hoffman Chad Davis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$594,620
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2017
Sold by
Littlefield Trust
Bought by
Hoffman Chad and Phillips Chelane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.03%
Mortgage Type
Construction
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
James And Angela Mecham Living Trust -- None Listed On Document
Mecham Angela S -- Us Title Company Of Utah
Phillips Chelane April -- Gateway Title Ins Age
Hoffman Chad -- Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mecham Angela S $249,900
Previous Owner Mecham Angela S $1,000,000
Previous Owner Phillips Chelane April $594,620
Previous Owner Hoffman Chad $600,000
Previous Owner Hoffman Chad $675,000
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
2024 $8,136 $813,450 $296,497 $516,953
2023 $7,624 $1,389,000 $423,075 $965,925
2022 $6,895 $713,350 $225,289 $488,061
2021 $4,980 $767,000 $322,240 $444,760
2020 $4,662 $700,000 $304,957 $395,043
2019 $5,382 $941,000 $211,521 $729,479
2018 $1,788 $256,566 $221,929 $34,637
2016 $3,152 $232,861 $232,861 $0
2015 $3,321 $232,861 $232,861 $0
2014 $3,982 $227,000 $227,000 $0
2013 -- $157,726 $157,726 $0
Source: Public Records

Map

Utah Davis County Farmington 84025

551 Oakwood Place Unit 31, Farmington, UT

This home is located at 551 Oakwood Place Unit 31, Farmington, UT 84025 and is currently estimated at $1,676,030, approximately $710 per square foot. 551 Oakwood Place Unit 31 is a home located in Davis County with nearby schools including Knowlton Elementary School, Farmington High, and Farmington Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes