NOT LISTED FOR SALE

7360 Majestic Way Magna, UT 84044

Estimated Value: $407,000 - $433,769

4 Beds
2 Baths
1,780 Sq Ft
$238/Sq Ft Est. Value

About This Home

This home is located at 7360 Majestic Way, Magna, UT 84044 and is currently estimated at $423,442, approximately $237 per square foot. 7360 Majestic Way is a home located in Salt Lake County with nearby schools including Copper Hills Elementary School, Matheson Junior High School, and Cyprus High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2021
Sold by
Drown Nathan E
Bought by
Drown Nathan E
Current Estimated Value
$423,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Outstanding Balance
$180,925
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$242,517

Purchase Details

Closed on
Jan 22, 2018
Sold by
Drown Nathan E and Drown Katie E
Bought by
Drown Nathan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2006
Sold by
Howard Katie and Drown Nathan
Bought by
Drown Nathan E and Drown Katie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,025
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 26, 2003
Sold by
Strickland Cody
Bought by
Howard Katie and Drown Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,900
Interest Rate
9.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2003
Sold by
Hud
Bought by
Strickland Cody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2003
Sold by
Citimortgage Inc
Bought by
Hud

Purchase Details

Closed on
Dec 10, 2002
Sold by
Millet David W and Millet Raelynn F
Bought by
Citimortgage Inc

Purchase Details

Closed on
Mar 6, 1998
Sold by
Millet Raelynn F
Bought by
Millet David W and Millet Raelynn F

Purchase Details

Closed on
Feb 27, 1998
Sold by
Slaughter Sherman L
Bought by
Millet Raelynn F

Purchase Details

Closed on
Dec 15, 1995
Sold by
Kaas Joy Arlene R and Slaughter Troy Allen
Bought by
Slaughter Shermon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,700
Interest Rate
7.47%
Mortgage Type
VA

Purchase Details

Closed on
Dec 3, 1993
Sold by
Kaas Joy A
Bought by
Kaas Joy Arlene R and Slaughter Troy Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,207
Interest Rate
6.89%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Drown Nathan E -- Integrated Title Ins Svcs
Drown Nathan E -- Integrated Title Ins Se
Drown Nathan E -- Sundance Title
Howard Katie -- First American Title
Strickland Cody -- Us Title Of Utah
Hud -- Backman Stewart Title Servic
Citimortgage Inc $127,793 Backman Stewart Title Servic
Millet David W -- --
Millet Raelynn F -- --
Slaughter Shermon L -- --
Kaas Joy Arlene R -- --
Kaas Joy A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drown Nathan E $202,000
Closed Drown Nathan E $172,000
Closed Drown Nathan E $137,025
Closed Howard Katie $123,900
Previous Owner Strickland Cody $72,000
Previous Owner Slaughter Shermon L $86,700
Previous Owner Kaas Joy A $33,207
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
2025 $2,621 $407,800 $133,000 $274,800
2024 $2,621 $348,800 $123,100 $225,700
2023 $2,658 $339,300 $118,400 $220,900
2022 $2,672 $337,300 $116,100 $221,200
2021 $2,410 $272,600 $89,300 $183,300
2020 $2,342 $246,000 $79,700 $166,300
2019 $2,102 $224,000 $75,200 $148,800
2018 $1,943 $201,200 $75,200 $126,000
2017 $1,735 $187,000 $75,200 $111,800
2016 $1,489 $175,500 $75,200 $100,300
2015 $1,489 $150,000 $70,700 $79,300
2014 $1,457 $142,900 $68,400 $74,500
Source: Public Records

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