5574 Somerset Way Salt Lake City, UT 84117
Estimated Value: $624,000 - $687,927
3
Beds
2
Baths
1,288
Sq Ft
$511/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 $658,732, approximately $511 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 15, 2020
Sold by
Kristensen Kristian Ro and Kristensen Naarah Carolyn
Bought by
Kristensen Naarah C and Kristensen Kristian R
Current Estimated Value
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
$306,168
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$335,920
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
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
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 Kristian Ro | $93,900 | |
Closed | Kristensen Naarah C | $228,500 | |
Previous Owner | Mount Naarah Carolyn | $237,500 | |
Previous Owner | Chmielewski Tracia L | $200,000 | |
Previous Owner | Chmielewski Tracia L | $50,000 | |
Previous Owner | Chmielewski Tracia L | $151,050 | |
Previous Owner | Bradford Adam C | $145,500 |
Source: Public Records
Tax History Compared to Growth
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 |
---|---|---|---|---|
2023 | $2,652 | $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
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