NOT LISTED FOR SALE

640 S 240 E Salem, UT 84653

Estimated Value: $392,000 - $595,646

5 Beds
2 Baths
2,272 Sq Ft
$224/Sq Ft Est. Value

About This Home

This home is located at 640 S 240 E, Salem, UT 84653 and is currently estimated at $507,912, approximately $223 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2024
Sold by
Bought by
Current Estimated Value
$507,912

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
$179,956
Interest Rate
6.63%
Mortgage Type
Seller Take Back
Estimated Equity
$327,956

Purchase Details

Closed on
Sep 23, 2019
Sold by
Bought by

Purchase Details

Closed on
Nov 19, 2013
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Nov 6, 2012
Sold by
Bought by

Purchase Details

Closed on
May 5, 1999
Sold by
Bought by

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Highland Title
-- None Available
-- Utah First Title Ins Ag
-- First American Title
$141,549 None Available
-- Provo Land Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $183,000
Previous Owner $203,250
Previous Owner $103,200
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,209 $239,525 -- --
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

Map

Utah Utah County Salem 84653

640 S 240 E, Salem, UT

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.