NOT LISTED FOR SALE

640 S 240 E Salem, UT 84653

Estimated Value: $420,000 - $508,304

5 Beds
2 Baths
2,272 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 640 S 240 E, Salem, UT 84653 and is currently estimated at $464,576, approximately $204 per square foot. 640 S 240 E is a home located in Utah County with nearby schools including Foothills Elementary School, Valley View Middle School, and Salem Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2024
Sold by
France Family Properties Llc
Bought by
Minson Alex John and Minson Mary Allphin
Current Estimated Value
$464,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Outstanding Balance
$180,832
Interest Rate
6.63%
Mortgage Type
Seller Take Back
Estimated Equity
$293,741

Purchase Details

Closed on
Sep 23, 2019
Sold by
Fance Matthew and Fance Kelli
Bought by
France Family Properties Llc

Purchase Details

Closed on
Nov 19, 2013
Sold by
Oldham Don
Bought by
France Matthew and France Kelli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,250
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2013
Sold by
The Bank Of New York Mellon
Bought by
Oldham Don

Purchase Details

Closed on
Nov 6, 2012
Sold by
Marble Christopher K and Marble Sorena J
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
May 5, 1999
Sold by
Jackson Aaron P and Jackson Nikki
Bought by
Marble Christopher K and Marble Sorena J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
6.94%
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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Minson Alex John -- Highland Title
France Family Properties Llc -- None Available
France Matthew -- Utah First Title Ins Ag
Oldham Don -- First American Title
The Bank Of New York Mellon $141,549 None Available
Marble Christopher K -- Provo Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minson Alex John $183,000
Previous Owner France Matthew $195,563
Previous Owner France Matthew $203,250
Previous Owner Marble Christopher K $116,000
Previous Owner Marble Christopher K $29,000
Previous Owner Marble Christopher K $103,200
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 $2,209 $224,015 $0 $0
2023 $2,197 $223,245 $0 $0
2022 $2,240 $224,070 $0 $0
2021 $1,796 $288,300 $108,900 $179,400
2020 $1,717 $268,200 $99,000 $169,200
2019 $1,519 $242,300 $95,200 $147,100
2018 $1,389 $211,700 $83,800 $127,900
2017 $1,308 $106,315 $0 $0
2016 $1,088 $87,395 $0 $0
2015 $1,014 $80,080 $0 $0
2014 $890 $70,345 $0 $0
Source: Public Records

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