NOT LISTED FOR SALE

Estimated Value: $913,000 - $1,055,000

2 Beds
2 Baths
1,561 Sq Ft
$617/Sq Ft Est. Value

About This Home

This home is located at 562 Sherman Ave, Salt Lake City, UT 84105 and is currently estimated at $962,405, approximately $616 per square foot. 562 Sherman Ave is a home located in Salt Lake County with nearby schools including Hawthorne Elementary School, Clayton Middle School, and Highland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2015
Sold by
Gibson Christopher C and Gibson Summer B
Bought by
Spring Michael E
Current Estimated Value
$962,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,600
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2011
Sold by
Gibson Summer B and Gibson Christopher C
Bought by
Gibson Christopher C and Gibson Summer B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2009
Sold by
Terrell Spencer and Guerra Margarita
Bought by
Gibson Summer B and Gibson Christopher C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,435
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2009
Sold by
Guerra Margarita
Bought by
Terrell Spencer and Terrell Margarita

Purchase Details

Closed on
May 24, 2005
Sold by
Peterson Richard Brock
Bought by
Guerra Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,450
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 16, 2000
Sold by
Benco John C
Bought by
Peterson Richard Brock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.27%

Purchase Details

Closed on
Dec 6, 1996
Sold by
Nichols Katherine K
Bought by
Benco John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.86%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Spring Michael E -- North American Title Llc
Gibson Christopher C -- Equity Title
Gibson Summer B -- First American Title
Terrell Spencer -- Accommodation
Guerra Margarita -- First American Title
Peterson Richard Brock -- Superior Title Company
Benco John C -- Superior Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Springsteem Michael R $352,790
Closed Spring Michael E $409,600
Previous Owner Gibson Christopher C $50,000
Previous Owner Gibson Summer B $332,350
Previous Owner Gibson Summer B $333,025
Previous Owner Gibson Christopher C $344,000
Previous Owner Gibson Summer B $188,435
Previous Owner Guerra Margarita $182,000
Previous Owner Guerra Margarita $46,450
Previous Owner Guerra Margarita $185,750
Previous Owner Peterson Richard Brock $88,000
Previous Owner Benco John C $128,000
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
2023 $4,125 $758,700 $181,000 $577,700
2022 $4,238 $731,200 $177,500 $553,700
2021 $4,198 $655,900 $135,200 $520,700
2020 $3,905 $580,700 $131,000 $449,700
2019 $3,999 $559,500 $121,600 $437,900
2018 $3,794 $516,900 $121,600 $395,300
2017 $3,892 $496,700 $121,600 $375,100
2016 $3,793 $459,700 $84,500 $375,200
2015 $3,326 $382,100 $73,900 $308,200
2014 $3,043 $346,800 $69,100 $277,700
Source: Public Records

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