NOT LISTED FOR SALE

Estimated Value: $477,000 - $502,826

5 Beds
2 Baths
2,124 Sq Ft
$230/Sq Ft Est. Value

About This Home

This home is located at 723 N 550 W, Orem, UT 84057 and is currently estimated at $488,457, approximately $229 per square foot. 723 N 550 W is a home located in Utah County with nearby schools including Orem Junior High School, Timpanogos High School, and Cascade Mountain High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2020
Sold by
Macdonald Bruce A and Macdonald Jill
Bought by
Saavedra Abraham
Current Estimated Value
$488,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,400
Outstanding Balance
$202,427
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$286,030

Purchase Details

Closed on
Apr 27, 2016
Sold by
Wood Nathan and Wood Paula
Bought by
Macdonoid Bruce A and Macdonaid Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,816
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2002
Sold by
Sweeten Mark G and Sweeten Linda W
Bought by
Wood Nathan and Wood Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
6.6%
Mortgage Type
Seller Take Back
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
Saavedra Abraham -- Vanguard Title Ins Agcy Llc
Macdonoid Bruce A -- North American Title
Wood Nathan -- Guardian Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saavedra Abraham $225,400
Closed Saavedra Abraham $64,367
Previous Owner Macdonoid Bruce A $226,816
Previous Owner Wood Nathan $158,400
Previous Owner Wood Nathan $55,300
Previous Owner Wood Nathan $145,500
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 $1,923 $235,180 $0 $0
2023 $1,779 $233,860 $0 $0
2022 $1,792 $228,140 $0 $0
2021 $1,664 $320,900 $110,000 $210,900
2020 $1,489 $282,300 $88,000 $194,300
2019 $1,330 $262,100 $88,000 $174,100
2018 $1,291 $243,200 $84,600 $158,600
2017 $1,158 $116,820 $0 $0
2016 $1,096 $101,970 $0 $0
2015 $1,043 $91,795 $0 $0
2014 -- $87,450 $0 $0
Source: Public Records

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