NOT LISTED FOR SALE

Estimated Value: $369,000 - $407,000

3 Beds
1 Bath
1,192 Sq Ft
$329/Sq Ft Est. Value

About This Home

This home is located at 560 Monterey Dr, Orem, UT 84057 and is currently estimated at $392,492, approximately $329 per square foot. 560 Monterey Dr is a home located in Utah County with nearby schools including Sharon Elementary School, Cascade Elementary School, and Canyon View Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2022
Sold by
Wayne Bishop Justin
Bought by
Bishop Justin Wayne
Current Estimated Value
$392,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,578
Outstanding Balance
$216,945
Interest Rate
4.16%
Mortgage Type
FHA
Estimated Equity
$175,547

Purchase Details

Closed on
Jan 16, 2018
Sold by
Pratt Glen and Pratt Tamma
Bought by
Bishop Justin Wayne and Bishop Jessica Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,150
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2008
Sold by
Stiles Properties Llc
Bought by
Pratt Glen and Pratt Tamma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
May 2, 2008
Sold by
Mecham Fredrick and Mecham Angela C
Bought by
Stiles Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2004
Sold by
Mecham Fredrick L and Mecham Angela
Bought by
Mecham Fredrick and Mecham Angela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2003
Sold by
Mecham Fred D and Mecham Louise C
Bought by
Fullmer Alonzo and Fullmer Linda

Purchase Details

Closed on
Sep 27, 2002
Sold by
Bounthot Boun and Bounthot Sinha
Bought by
Mecham Fredrick L and Mecham Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
7.9%

Purchase Details

Closed on
Jan 16, 1998
Sold by
Bounthot Boun and Bounthot Sinha
Bought by
Bounthot Boun and Bounthot Sinha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,900
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Bishop Justin Wayne -- None Listed On Document
Bishop Justin Wayne -- North American Title
Pratt Glen -- First American Orem
Stiles Properties Llc -- Surety Title
Mecham Fredrick -- Inwest Title Services Inc
Fullmer Alonzo -- Pro Title & Escrow Inc
Mecham Fredrick L -- Inwest Title Services Inc
Bounthot Boun -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishop Justin Wayne $231,578
Previous Owner Bishop Justin Wayne $189,150
Previous Owner Pratt Glen $15,000
Previous Owner Pratt Glen $140,831
Previous Owner Stiles Properties Llc $115,000
Previous Owner Mecham Fredrick $145,000
Previous Owner Mecham Fredrick L $103,500
Previous Owner Bounthot Boun $70,900
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 $1,540 $193,820 -- --
2024 $1,540 $188,265 $0 $0
2023 $1,405 $184,690 $0 $0
2022 $1,431 $182,215 $0 $0
2021 $1,193 $230,000 $136,000 $94,000
2020 $1,061 $201,000 $108,800 $92,200
2019 $922 $181,700 $98,300 $83,400
2018 $851 $160,200 $87,700 $72,500
2017 $783 $79,035 $0 $0
2016 $686 $63,800 $0 $0
2015 $725 $63,800 $0 $0
2014 $729 $63,800 $0 $0
Source: Public Records

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