NOT LISTED FOR SALE

7971 W Melanie Cove Unit LOT 2 Magna, UT 84044

Estimated Value: $493,000 - $523,000

3 Beds
3 Baths
2,340 Sq Ft
$216/Sq Ft Est. Value

About This Home

This home is located at 7971 W Melanie Cove Unit LOT 2, Magna, UT 84044 and is currently estimated at $505,665, approximately $216 per square foot. 7971 W Melanie Cove Unit LOT 2 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
Nov 21, 2019
Sold by
Reed Paul F
Bought by
Deans Bridge Properties Llc
Current Estimated Value
$505,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Outstanding Balance
$151,657
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$354,008

Purchase Details

Closed on
Sep 25, 2018
Sold by
Reed Paul F
Bought by
Deans Bridge Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2016
Sold by
Cottonwood Landscopes Llc
Bought by
Cobalt Homes Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Deans Bridge Properties Llc -- Citadel Title & Escrow
Reed Paul F -- Citadel Title & Escrow
Deans Bridge Properties Llc -- Citadel Title & Escrow
Reed Paul F -- Citadel Title & Escrow
Cobalt Homes Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Paul F $224,000
Previous Owner Reed Paul F $218,000
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 $3,623 $476,800 $71,800 $405,000
2024 $3,623 $465,200 $69,900 $395,300
2023 $3,614 $445,100 $67,200 $377,900
2022 $3,647 $441,700 $65,900 $375,800
2021 $3,276 $358,100 $50,700 $307,400
2020 $3,080 $323,600 $43,400 $280,200
2019 $3,030 $310,900 $41,000 $269,900
2018 $0 $41,000 $41,000 $0
2017 $780 $41,000 $41,000 $0
Source: Public Records

Map

Utah Salt Lake County Magna 84044

7971 W Melanie Cove Unit LOT 2, Magna, UT

This home is located at 7971 W Melanie Cove Unit LOT 2, Magna, UT 84044 and is currently estimated at $505,665, approximately $216 per square foot. 7971 W Melanie Cove Unit LOT 2 is a home located in Salt Lake County with nearby schools including Lake Ridge Elementary School, Matheson Junior High School, and Cyprus High School.

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