NOT LISTED FOR SALE

5574 Somerset Way Salt Lake City, UT 84117

Estimated Value: $634,000 - $702,000

3 Beds
2 Baths
1,288 Sq Ft
$514/Sq Ft Est. Value

About This Home

This home is located at 5574 Somerset Way, Salt Lake City, UT 84117 and is currently estimated at $662,445, approximately $514 per square foot. 5574 Somerset Way is a home located in Salt Lake County with nearby schools including Twin Peaks Elementary School, Woodstock Elementary School, and Bonneville Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2020
Sold by
Kristensen Kristian Ro and Naarah Carolyn
Bought by
Kristensen Naarah C and Kristensen Kristian R
Current Estimated Value
$662,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$302,701
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$359,744

Purchase Details

Closed on
Dec 15, 2020
Sold by
Kristensen Kristian Ro and Kristensen Naarah Carolyn
Bought by
Kristensen Naarah C and Kristensen Kristian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$302,701
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$359,744

Purchase Details

Closed on
Oct 25, 2019
Sold by
Kristensen Naarah C
Bought by
Kristensen Kristian Ro and Kristensen Naarah Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2015
Sold by
Mount Naarah Carolyn
Bought by
Kristensen Kristian Ro and Kristensen Naarah Carolyn

Purchase Details

Closed on
Sep 24, 2015
Sold by
Chmielewski Tracia L
Bought by
Mount Naarah Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2003
Sold by
Bradford Adam C and Bradford Tiffany S
Bought by
Chmielewski Tracia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,050
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 28, 2001
Sold by
Melich Mary P J
Bought by
Bradford Adam C and Bradford Tiffany S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
7.09%

Purchase Details

Closed on
Jun 8, 1999
Sold by
Melich Mary P J
Bought by
Melich Mary P J and Mary P J Melich Revocable Living Trust A
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
Kristensen Naarah C -- Metro National Title
Kristensen Naarah C -- Metro National Title
Kristensen Kristian Ro -- North American Title Llc
Kristensen Naarah C -- North American Title Llc
Kristensen Kristian Ro -- Accommodation
Mount Naarah Carolyn -- Northwest Title Agcy
Chmielewski Tracia L -- Title West
Bradford Adam C -- Title West
Melich Mary P J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kristensen Naarah C $340,000
Closed Kristensen Naarah C $340,000
Previous Owner Kristensen Naarah C $228,500
Previous Owner Mount Naarah Carolyn $237,500
Previous Owner Chmielewski Tracia L $151,050
Previous Owner Bradford Adam C $145,500
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 $3,102 $585,600 $273,400 $312,200
2024 $3,102 $549,300 $265,000 $284,300
2023 $3,102 $451,200 $245,300 $205,900
2022 $2,607 $445,200 $240,500 $204,700
2021 $2,407 $363,400 $185,000 $178,400
2020 $2,314 $333,000 $180,800 $152,200
2019 $2,299 $321,600 $168,200 $153,400
2018 $2,202 $297,500 $168,200 $129,300
2017 $1,781 $269,000 $168,200 $100,800
2016 $1,661 $251,700 $168,200 $83,500
2015 $1,612 $227,500 $178,200 $49,300
2014 $1,660 $215,500 $174,900 $40,600
Source: Public Records

Map

Utah Salt Lake County Salt Lake City 84117

5574 Somerset Way, Salt Lake City, UT

This home is located at 5574 Somerset Way, Salt Lake City, UT 84117 and is currently estimated at $662,445, approximately $514 per square foot. 5574 Somerset Way is a home located in Salt Lake County with nearby schools including Twin Peaks Elementary School, Woodstock Elementary School, and Bonneville 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.

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