NOT LISTED FOR SALE

785 S 240 E Salem, UT 84653

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
$501,675

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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 $2,142 $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