NOT LISTED FOR SALE

655 S 700 E Orem, UT 84097

SCERA Neighborhood

Estimated Value: $882,000 - $947,710

5 Beds
4 Baths
5,192 Sq Ft
$176/Sq Ft Est. Value

About This Home

This home is located at 655 S 700 E, Orem, UT 84097 and is currently estimated at $912,178, approximately $175 per square foot. 655 S 700 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
Apr 23, 2024
Sold by
Patel Bankim and Patel Rita
Bought by
Bm Revocable Trust and Patel
Current Estimated Value
$912,178

Purchase Details

Closed on
May 31, 2022
Sold by
Bankim Patel
Bought by
Patel Bankim and Patel Rita

Purchase Details

Closed on
Dec 17, 2021
Sold by
Mahalakshmi Investments Llc
Bought by
Patel Bankim and Patel Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2016
Sold by
Patel Bankimchandra and Patel Ritaben B
Bought by
Mahalakshmi Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2016
Sold by
Patel Bankimchandra and Pate Ritaben B
Bought by
Patel Bankimchandra and Patel Ritaben B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2011
Sold by
Cheesman Jay F and Cheesman Kathy M
Bought by
Patel Bankimchandra and Pate Ritaben B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2005
Sold by
Ivory Homes Ltd
Bought by
Cheesman Jay F and Cheesman Kathy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.74%
Mortgage Type
Unknown

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
Bm Revocable Trust -- None Listed On Document
Patel Bankim -- First American Title
Patel Bankim -- First American Title
Mahalakshmi Investments Llc -- Pro Title And Escrow Inc
Patel Bankimchandra -- Pro Title And Escrow Inc
Patel Bankimchandra -- Unity Title
Cheesman Jay F -- Cottonwood Title Insurance
Ivory Homes Ltd -- Cottonwood Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Bankim $340,000
Previous Owner Patel Bankimchandra $240,000
Previous Owner Patel Bankimchandra $294,000
Previous Owner Cheesman Jay F $95,000
Previous Owner Cheesman Jay F $36,000
Previous Owner Cheesman Jay $30,000
Previous Owner Cheesman Jay $20,000
Previous Owner Cheesman Jay F $385,992
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 $3,884 $474,980 $0 $0
2023 $3,573 $469,535 $0 $0
2022 $3,435 $437,305 $0 $0
2021 $3,080 $594,000 $194,300 $399,700
2020 $2,868 $543,500 $155,400 $388,100
2019 $2,739 $539,900 $155,400 $384,500
2018 $2,829 $532,800 $155,400 $377,400
2017 $2,800 $282,425 $0 $0
2016 $2,924 $272,030 $0 $0
2015 $2,791 $245,520 $0 $0
2014 $2,478 $217,030 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84097 SCERA

655 S 700 E, Orem, UT

Homes for Sale in Orem, UT

This home is located at 655 S 700 E, Orem, UT 84097 and is currently estimated at $912,178, approximately $175 per square foot. 655 S 700 E is a home located in Utah County with nearby schools including Centennial Elementary, Lakeridge Jr High School, and Orem High School.

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.