NOT LISTED FOR SALE

5540 Lorraine Way Tooele, UT 84074

Estimated Value: $482,000 - $501,000

6 Beds
3 Baths
2,888 Sq Ft
$170/Sq Ft Est. Value

About This Home

This home is located at 5540 Lorraine Way, Tooele, UT 84074 and is currently estimated at $491,877, approximately $170 per square foot. 5540 Lorraine Way is a home located in Tooele County with nearby schools including Rose Springs Elementary School, Clarke N. Johnsen Junior High School, and Stansbury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Leon Ricardo
Bought by
Juarez Livia and Abdelrahman Abdelrahim
Current Estimated Value
$491,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,505
Outstanding Balance
$424,078
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$67,799

Purchase Details

Closed on
Mar 13, 2005
Sold by
Leon Ricardo and Leon Lorena
Bought by
Leon Ricardo

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
5.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Juarez Livia -- Old Republic Title
Leon Ricardo -- Transcontinental Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juarez Livia $17,905
Open Juarez Livia $460,505
Previous Owner Leon Ricardo $140,000
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 $4,109 $264,001 $70,400 $193,601
2023 $4,109 $250,944 $76,450 $174,494
2022 $2,975 $238,739 $60,940 $177,799
2021 $2,437 $161,534 $54,065 $107,469
2020 $2,329 $269,895 $74,200 $195,695
2019 $2,277 $259,508 $74,200 $185,308
2018 $2,154 $235,262 $40,000 $195,262
2017 $1,956 $225,964 $40,000 $185,964
2016 $1,687 $110,939 $22,000 $88,939
2015 $1,687 $105,905 $0 $0
2014 -- $105,905 $0 $0
Source: Public Records

Map

Utah Tooele County Tooele 84074

5540 Lorraine Way, Tooele, UT

This home is located at 5540 Lorraine Way, Tooele, UT 84074 and is currently estimated at $491,877, approximately $170 per square foot. 5540 Lorraine Way is a home located in Tooele County with nearby schools including Rose Springs Elementary School, Clarke N. Johnsen Junior High School, and Stansbury High School.

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