NOT LISTED FOR SALE

5581 S Somerset Way Salt Lake City, UT 84117

Estimated Value: $573,000 - $768,000

5 Beds
3 Baths
3,010 Sq Ft
$225/Sq Ft Est. Value

About This Home

This home is located at 5581 S Somerset Way, Salt Lake City, UT 84117 and is currently estimated at $677,259, approximately $225 per square foot. 5581 S 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
Apr 30, 2021
Sold by
Stensrud Stanley Ole and Stensrud Kimo G
Bought by
Stensrud Stanley Ole and Pokini Kimo G
Current Estimated Value
$677,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,400
Outstanding Balance
$202,283
Interest Rate
2.31%
Estimated Equity
$474,976

Purchase Details

Closed on
Mar 24, 2020
Sold by
Stensrud Stanley Ole and Pokini Kimo G
Bought by
Stensrud Stanley Ole and Pokini Kimo G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2017
Sold by
Pokini Kimo and Stensrud Stanley Ole
Bought by
Stensryd Stanley Ole and Pokini Kimo G

Purchase Details

Closed on
Oct 2, 2017
Sold by
Pokini Kimo and Stensrud Stanley Ole
Bought by
Stensryd Stanley Ole and Pokini Kimo G

Purchase Details

Closed on
Aug 12, 2016
Sold by
Bentley Jay
Bought by
Pokini Kimo and Stensand Stanley Ole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2015
Sold by
Smith Rand and Rawson Emilie
Bought by
Bentley Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2009
Sold by
Smith Rand and Rawson Emilie
Bought by
Smith Rand and Rawson Emilie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,363
Interest Rate
5.31%
Mortgage Type
VA

Purchase Details

Closed on
Jul 9, 2008
Sold by
Smith Rand and Rawson Emilie
Bought by
Smith Rand and Rawson Emilie

Purchase Details

Closed on
May 7, 2008
Sold by
Equity Holding Corp
Bought by
Smith Rand and Rawson Exilie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.88%
Mortgage Type
VA

Purchase Details

Closed on
Dec 7, 2005
Sold by
Kunz Kevin Louie
Bought by
Equity Holding Corp and The Sommerset Way Trust #2502395

Purchase Details

Closed on
Jun 20, 2005
Sold by
Independent Financial Planners Inc
Bought by
Kunz Kevin Louie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,600
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 12, 2005
Sold by
Thompson Debra M
Bought by
Independent Financial Planners Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,600
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 27, 1995
Sold by
Powelson Thomas B and Powelson Beth P
Bought by
Thompson Debra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Stensrud Stanley Ole -- Amrock Inc
Stensrud Stanley Ole -- None Available
Stensrud Stanley Ole -- Amrock Inc
Stensrud Stanley Ole -- Amrock Inc
Stensryd Stanley Ole -- None Available
Stensryd Stanley Ole -- None Available
Pokini Kimo -- Novation Title Ins Agcy
Bentley Jay -- Premium Title & Escrow
Smith Rand -- Cottonwood Title
Smith Rand -- Cottonwood Title
Smith Rand -- None Available
Smith Rand -- None Available
Equity Holding Corp -- 1St National Title Ins Agenc
Kunz Kevin Louie -- 1St Natl Title Ins Agency
Independent Financial Planners Inc -- Founders Title
Thompson Debra M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stensrud Stanley Ole $269,400
Closed Stensrud Stanley Ole $269,400
Closed Stenrud Stanley Ole $236,000
Closed Pokini Kimo $328,000
Previous Owner Bentley Jay $245,000
Previous Owner Smith Rand $272,363
Previous Owner Smith Rand $265,000
Previous Owner Kunz Kevin Louie $21,600
Previous Owner Kunz Kevin Louie $172,800
Previous Owner Thompson Debra M $133,000
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 $3,740 $646,200 $252,100 $394,100
2023 $3,638 $618,900 $233,400 $385,500
2022 $3,586 $612,400 $228,800 $383,600
2021 $3,333 $503,100 $176,000 $327,100
2020 $3,206 $461,400 $172,000 $289,400
2019 $3,218 $450,100 $160,000 $290,100
2018 $3,075 $415,500 $160,000 $255,500
2017 $2,655 $401,100 $160,000 $241,100
2016 $1,753 $265,600 $160,000 $105,600
2015 $1,955 $241,100 $163,200 $77,900
2014 $1,868 $228,700 $160,000 $68,700
Source: Public Records

Map

Utah Salt Lake County Salt Lake City 84117

5581 S Somerset Way, Salt Lake City, UT

This home is located at 5581 S Somerset Way, Salt Lake City, UT 84117 and is currently estimated at $677,259, approximately $225 per square foot. 5581 S 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.

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