Estimated Value: $437,000 - $642,000
3
Beds
2
Baths
1,122
Sq Ft
$447/Sq Ft
Est. Value
About This Home
This home is located at 785 S 240 E, Salem, UT 84653 and is currently estimated at $501,675, approximately $447 per square foot. 785 S 240 E is a home located in Utah County with nearby schools including Foothills Elementary School, Valley View Middle School, and Salem Junior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 5, 2020
Sold by
Grover Brad and Grover Deann
Bought by
Grover Cory
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,445
Outstanding Balance
$313,831
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$187,844
Purchase Details
Closed on
Mar 30, 2020
Sold by
Richards Keith A and Richards Jamie L
Bought by
Grover Brad and Grover Deann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,400
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 30, 2018
Sold by
Veatch Sherri and Walters Sherri
Bought by
Richards Keith A and Richards Jamie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.38%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 2, 2016
Sold by
Richards Keith Allen and Richards Jamie L
Bought by
Richards Keith A and Richards Jamie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,500
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 4, 2013
Sold by
Horton M Duane
Bought by
Richards Keith Allen and Richards Jamie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 3, 2000
Sold by
Norton Nathan and Horton Lisa
Bought by
Norton Nathan M and Norton Duane Norton
Purchase Details
Closed on
Jun 6, 1997
Sold by
Lindsay Scott R and Lindsay Tina M
Bought by
Horton Nathan and Horton Lisa
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 |
|---|---|---|---|
| Grover Cory | -- | Truly Title Inc Utah | |
| Grover Brad | -- | Key Land Title | |
| Richards Keith A | -- | Accommodation | |
| Richards Keith A | -- | Land Title | |
| Richards Keith Allen | -- | Provo Land Title Co | |
| Horton M Duane | -- | Provo Land Title Co | |
| Norton Nathan M | -- | -- | |
| Horton Nathan | -- | First American |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Grover Cory | $354,445 | |
| Closed | Grover Brad | $294,400 | |
| Previous Owner | Richards Keith A | $30,000 | |
| Previous Owner | Richards Keith A | $158,500 | |
| Previous Owner | Richards Keith Allen | $142,000 |
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 | $2,142 | $233,035 | $180,200 | $243,500 |
| 2024 | $2,142 | $217,195 | $0 | $0 |
| 2023 | $2,110 | $214,335 | $0 | $0 |
| 2022 | $2,097 | $209,770 | $0 | $0 |
| 2021 | $1,678 | $269,300 | $104,500 | $164,800 |
| 2020 | $1,604 | $250,500 | $95,000 | $155,500 |
| 2019 | $1,547 | $246,800 | $91,300 | $155,500 |
| 2018 | $1,414 | $215,600 | $80,400 | $135,200 |
| 2017 | $1,312 | $106,700 | $0 | $0 |
| 2016 | $1,094 | $87,945 | $0 | $0 |
| 2015 | $1,019 | $80,410 | $0 | $0 |
| 2014 | $957 | $75,625 | $0 | $0 |
Source: Public Records
Map
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