Estimated Value: $469,000 - $516,000
3
Beds
2
Baths
2,457
Sq Ft
$197/Sq Ft
Est. Value
About This Home
This home is located at 7642 W 2940 S, Magna, UT 84044 and is currently estimated at $485,057, approximately $197 per square foot. 7642 W 2940 S is a home located in Salt Lake County with nearby schools including Lake Ridge Elementary School, Cyprus High School, and Entheos Academy - Magna Campus.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2021
Sold by
Ketchum Jared A and Ketchum Michelle
Bought by
Ketchum Jared A and Ketchum Michelle
Current Estimated Value
Purchase Details
Closed on
Feb 13, 2013
Sold by
Ketchum Michelle
Bought by
Ketchum Michelle and Ketchum Jared Allen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Outstanding Balance
$3,484
Interest Rate
3.34%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$481,573
Purchase Details
Closed on
Feb 11, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ketchum Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Outstanding Balance
$3,484
Interest Rate
3.34%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$481,573
Purchase Details
Closed on
May 14, 2012
Sold by
Smith Bryan J
Bought by
Federal Home Lona Morgage Corp
Purchase Details
Closed on
Aug 20, 2007
Sold by
Bracken Boyd K and Bracken Dorothy
Bought by
Smith Bryan J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 23, 2005
Sold by
Bracken Boyd K and Bracken Dorothy C
Bought by
Celebrity Construction Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ketchum Jared A | -- | None Available | |
| Ketchum Michelle | -- | None Available | |
| Ketchum Michelle | -- | None Available | |
| Federal Home Lona Morgage Corp | $140,000 | None Available | |
| Smith Bryan J | -- | Backman Title Services | |
| Celebrity Construction Inc | -- | Guardian Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ketchum Michelle | $5,000 | |
| Open | Ketchum Michelle | $143,794 | |
| Previous Owner | Smith Bryan J | $195,500 |
Source: Public Records
Tax History Compared to Growth
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 | $3,063 | $430,300 | $153,500 | $276,800 |
| 2024 | $3,063 | $407,600 | $145,000 | $262,600 |
| 2023 | $2,946 | $376,100 | $139,400 | $236,700 |
| 2022 | $2,998 | $388,000 | $136,700 | $251,300 |
| 2021 | $2,616 | $296,000 | $105,200 | $190,800 |
| 2020 | $2,555 | $268,400 | $95,000 | $173,400 |
| 2019 | $2,488 | $265,200 | $87,300 | $177,900 |
| 2018 | $2,322 | $240,400 | $73,900 | $166,500 |
| 2017 | $2,080 | $224,200 | $73,900 | $150,300 |
| 2016 | $1,804 | $198,600 | $72,500 | $126,100 |
| 2015 | $1,964 | $197,900 | $74,900 | $123,000 |
| 2014 | $1,926 | $188,900 | $72,500 | $116,400 |
Source: Public Records
Map
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