NOT LISTED FOR SALE

7018 S Derek Hollow Cove Midvale, UT 84047

Estimated Value: $628,000 - $652,748

3 Beds
3 Baths
3,290 Sq Ft
$195/Sq Ft Est. Value

About This Home

This home is located at 7018 S Derek Hollow Cove, Midvale, UT 84047 and is currently estimated at $640,187, approximately $194 per square foot. 7018 S Derek Hollow Cove is a home located in Salt Lake County with nearby schools including Ridgecrest School, Hillcrest High School, and Midvale Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2020
Sold by
Hoover Troy
Bought by
Elwood Danielle Lee and Mumford Ryan Mark
Current Estimated Value
$640,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$280,784
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$359,403

Purchase Details

Closed on
Jul 27, 2016
Sold by
Shepherd Richard L and Shepherd Janis S
Bought by
Hoover Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,250
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2003
Sold by
Shepherd Richard and Shepherd Janis
Bought by
Shepherd Richard L and Shepherd Janis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,100
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 1999
Sold by
Shepherd Richard L and Shepherd Janis S
Bought by
Shepherd Richard L and Shepherd Janis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.75%

Purchase Details

Closed on
Apr 1, 1999
Sold by
Shepherd Richard L and Shepherd Janis S
Bought by
Shepherd Richard L and Shepherd Janis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.75%

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
Elwood Danielle Lee -- Old Republic Ttl Draper Orem
Hoover Troy -- Advanced Title Slc
Shepherd Richard L -- First American Title
Shepherd Richard -- First American Title
Shepherd Richard L -- Landmark Title
Shepherd Richard L -- Landmark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elwood Danielle Lee $200,000
Open Elwood Danielle Lee $312,000
Previous Owner Hoover Troy $318,250
Previous Owner Shepherd Richard $31,100
Previous Owner Shepherd Richard L $47,000
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 $3,488 $567,400 $138,200 $429,200
2022 $3,728 $592,400 $135,500 $456,900
2021 $3,375 $458,600 $121,000 $337,600
2020 $3,087 $396,900 $102,600 $294,300
2019 $2,914 $365,000 $96,800 $268,200
2018 $2,762 $349,900 $96,800 $253,100
2017 $2,785 $339,100 $96,800 $242,300
2016 $2,564 $302,800 $96,800 $206,000
2015 $2,523 $292,800 $93,900 $198,900
2014 $2,470 $280,000 $91,000 $189,000
Source: Public Records

Map

Utah Salt Lake County Midvale 84047

7018 S Derek Hollow Cove, Midvale, UT

Homes for Sale in Midvale, UT

This home is located at 7018 S Derek Hollow Cove, Midvale, UT 84047 and is currently estimated at $640,187, approximately $194 per square foot. 7018 S Derek Hollow Cove is a home located in Salt Lake County with nearby schools including Ridgecrest School, Hillcrest High School, and Midvale Middle 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.

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