NOT LISTED FOR SALE

762 W 1040 S Unit 42 Salem, UT 84653

Estimated Value: $754,000 - $898,000

3 Beds
3 Baths
5,193 Sq Ft
$156/Sq Ft Est. Value

About This Home

This home is located at 762 W 1040 S Unit 42, Salem, UT 84653 and is currently estimated at $812,340, approximately $156 per square foot. 762 W 1040 S Unit 42 is a home located in Utah County with nearby schools including Salem Elementary, Salem Junior High School, and Valley View Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2025
Sold by
Ott Valen D
Bought by
Valen D Ott Trust and Ott
Current Estimated Value
$847,121

Purchase Details

Closed on
Jun 19, 2024
Sold by
Arive Homes Llc
Bought by
Ott Valen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,300
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2024
Sold by
Prete Brian
Bought by
Prete Brian W and Smith Sarah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,000
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 18, 2024
Sold by
Sna-Se Llc
Bought by
Diamond Creek Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,000
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 17, 2024
Sold by
Diamond Creek Development Llc
Bought by
Arive Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,000
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 4, 2024
Sold by
Evans Paulette
Bought by
Flat Iron Trust and Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,000
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 29, 2023
Sold by
Crandall Properties Ltd
Bought by
Crandall Rhett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,000
Interest Rate
6.61%
Mortgage Type
Construction
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
Valen D Ott Trust -- None Listed On Document
Ott Valen D -- Prospect Title
Ott Valen D -- Prospect Title
Prete Brian W -- Bartlett Title
Amended And Restated Lambert Family Trust -- None Listed On Document
Diamond Creek Development Llc -- Prospect Title
Arive Homes Llc -- Prospect Title
Glenor Jones Marchant Family Trust -- None Listed On Document
Arive Homes Llc -- Prospect Title
Property Reserve Inc -- None Listed On Document
Flat Iron Trust -- Masters Title
Crandall Rhett -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ott Valen D $440,300
Previous Owner Diamond Creek Development Llc $623,000
Previous Owner Arive Homes Llc $623,000
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
2025 $2,308 $824,700 $245,800 $578,900
2024 $2,308 $234,100 $0 $0
Source: Public Records

Map

Utah Utah County Salem 84653

762 W 1040 S Unit 42, Salem, UT

This home is located at 762 W 1040 S Unit 42, Salem, UT 84653 and is currently estimated at $812,340, approximately $156 per square foot. 762 W 1040 S Unit 42 is a home located in Utah County with nearby schools including Salem Elementary, Salem Junior High School, and Valley View 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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