NOT LISTED FOR SALE

553 E 1050 N Orem, UT 84097

Old Orchard Neighborhood

Estimated Value: $456,000 - $513,662

6 Beds
3 Baths
2,322 Sq Ft
$208/Sq Ft Est. Value

About This Home

This home is located at 553 E 1050 N, Orem, UT 84097 and is currently estimated at $483,666, approximately $208 per square foot. 553 E 1050 N is a home located in Utah County with nearby schools including Orchard Elementary School, Canyon View Junior High School, and Orem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Thompson Austin and Thompson Savannah
Bought by
Peterson Kolton Sean and Peterson Aubrey Nicole
Current Estimated Value
$483,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Outstanding Balance
$381,318
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$102,348

Purchase Details

Closed on
Jul 22, 2022
Sold by
Price Ronald B and Price Susana C
Bought by
Thompson Austin and Thompson Savannah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,520
Interest Rate
5.23%
Mortgage Type
New Conventional
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
Peterson Kolton Sean -- Access Title
Peterson Kolton Sean -- Access Title
Thompson Austin $214,200 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Kolton Sean $384,000
Closed Peterson Kolton Sean $384,000
Previous Owner Thompson Austin $128,520
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 $1,999 $267,740 -- --
2024 $1,999 $244,475 $0 $0
2023 $1,814 $238,425 $0 $0
2022 $1,972 $251,075 $0 $0
2021 $1,661 $320,400 $140,400 $180,000
2020 $1,524 $288,800 $112,300 $176,500
2019 $1,412 $278,300 $101,800 $176,500
2018 $1,337 $251,800 $98,300 $153,500
2017 $1,334 $134,585 $0 $0
2016 $1,223 $113,795 $0 $0
2015 $1,194 $105,050 $0 $0
2014 $1,139 $99,715 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84097 Old Orchard

553 E 1050 N, Orem, UT

Not Listed for Sale

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