NOT LISTED FOR SALE

Estimated Value: $556,000 - $700,000

5 Beds
3 Baths
3,424 Sq Ft
$184/Sq Ft Est. Value

About This Home

This home is located at 642 S 500 E, Orem, UT 84097 and is currently estimated at $630,923, approximately $184 per square foot. 642 S 500 E is a home located in Utah County with nearby schools including Centennial Elementary, Lakeridge Jr High School, and Orem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2018
Sold by
Riley Lorna and Addis Jonathan T
Bought by
Addis Jonathan T
Current Estimated Value
$630,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,584
Outstanding Balance
$249,881
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$401,316

Purchase Details

Closed on
Oct 26, 2015
Sold by
Riley Lorna
Bought by
Riley Lorna and Addis Jonathan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,847
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 2014
Sold by
Richards Abraham Robert and Richards Lisa G
Bought by
Riley Lorna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,793
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2014
Sold by
Riley Lorna
Bought by
Riley Lorna and Addis Jonathan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,793
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 2004
Sold by
Richards Grant L and Richards Christie Y
Bought by
Richards Abraham Robert and Richards Lisa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 16, 2003
Sold by
Reid Dede Lee
Bought by
Richards Grant L and Richards Christie Y

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
Addis Jonathan T -- Title Services
Riley Lorna -- Old Republic Title
Riley Lorna -- Old Republic Title
Riley Lorna -- Access Title Co
Riley Lorna -- Old Republic Title
Richards Abraham Robert -- Precision Title Company
Richards Grant L -- Precision Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Addis Jonathan T $34,173
Open Addis Jonathan T $290,584
Closed Riley Lorna $274,847
Closed Riley Lorna $275,793
Closed Riley Lorna $275,793
Previous Owner Richards Abraham Robert $73,948
Previous Owner Richards Abraham Robert $176,000
Previous Owner Richards Abraham Robert $175,300
Previous Owner Richards Abraham Robert $148,000
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 $2,236 $273,405 $0 $0
2023 $2,076 $272,855 $0 $0
2022 $1,987 $253,055 $0 $0
2021 $1,864 $359,400 $133,000 $226,400
2020 $1,733 $328,400 $106,400 $222,000
2019 $1,569 $309,300 $99,300 $210,000
2018 $1,478 $278,400 $95,800 $182,600
2017 $1,470 $148,335 $0 $0
2016 $1,321 $122,870 $0 $0
2015 $1,397 $122,870 $0 $0
2014 $1,319 $115,500 $0 $0
Source: Public Records

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