NOT LISTED FOR SALE

7501 Olive Brook Dr Magna, UT 84044

Estimated Value: $509,000 - $575,000

3 Beds
3 Baths
1,640 Sq Ft
$322/Sq Ft Est. Value

About This Home

This home is located at 7501 Olive Brook Dr, Magna, UT 84044 and is currently estimated at $528,801, approximately $322 per square foot. 7501 Olive Brook Dr is a home located in Salt Lake County with nearby schools including Lake Ridge Elementary School, Matheson Junior High School, and Cyprus High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2018
Sold by
Backues Jake E
Bought by
Drage Robert
Current Estimated Value
$528,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2016
Sold by
Dixon Taylor and Dixon Jenessa
Bought by
Backues Jake E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,016
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 2014
Sold by
Dixon Janessa Irene and Mutchler Loren G
Bought by
Dixon Taylor and Dixon Janessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2011
Sold by
Matagi Everestt A and Matagi Rebecca L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 22, 2001
Sold by
Reliance Homes Inc
Bought by
Matagi Everestt A and Matagi Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,759
Interest Rate
6.89%
Mortgage Type
FHA
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
Drage Robert -- North American Title Llc
Backues Jake E -- Cottonwood Title
Dixon Taylor -- Backman Title Services
Federal National Mortgage Association $140,682 Etitle Insurance Agency
Matagi Everestt A -- Merrill Title
Reliance Homes Inc -- Merrill Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drage Robert $70,000
Open Drage Rbert $289,400
Closed Drage Robert $289,656
Previous Owner Backues Jake E $243,016
Previous Owner Dixon Taylor $170,400
Previous Owner Dixon Taylor $152,000
Previous Owner Dixon Janessa Irene $153,994
Previous Owner Matagi Everestt A $76,700
Previous Owner Matagi Everestt A $163,200
Previous Owner Matagi Everestt A $24,500
Previous Owner Matagi Everestt A $142,759
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 $3,646 $474,600 $137,200 $337,400
2024 $3,646 $448,900 $129,600 $319,300
2023 $3,468 $410,200 $124,600 $285,600
2022 $3,497 $421,700 $122,200 $299,500
2021 $3,201 $335,100 $94,000 $241,100
2020 $3,042 $295,600 $84,900 $210,700
2019 $2,833 $290,100 $78,000 $212,100
2018 $0 $260,600 $66,000 $194,600
2017 $2,269 $244,600 $66,000 $178,600
2016 $1,891 $208,200 $64,800 $143,400
2015 $2,030 $193,200 $73,400 $119,800
2014 $1,995 $185,000 $71,300 $113,700
Source: Public Records

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