NOT LISTED FOR SALE

863 E 1020 S Salem, UT 84653

Estimated Value: $895,000 - $980,000

5 Beds
4 Baths
4,677 Sq Ft
$202/Sq Ft Est. Value

About This Home

This home is located at 863 E 1020 S, Salem, UT 84653 and is currently estimated at $946,653, approximately $202 per square foot. 863 E 1020 S 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
May 3, 2023
Sold by
Larsen Jacob E
Bought by
Larsen Jacob E and Larsen Angela Jean
Current Estimated Value
$946,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$97,747
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving
Estimated Equity
$848,906

Purchase Details

Closed on
Jun 24, 2020
Sold by
Larsen Jacob E
Bought by
Larsen Jacob E and Larsen Angela Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 17, 2020
Sold by
Peterson Jeffrey D and Peterson Mandy M
Bought by
Larsen Jacob E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 15, 2016
Sold by
Board Of Education Of Nebo School Dist
Bought by
Peterson Jeffrey D and Peterson Mandy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,686
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2014
Sold by
Cobblestone Land Llc
Bought by
Board Of Education Of Nebo School Distri

Range of Values:

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
Larsen Jacob E -- None Listed On Document
Larsen Jacob E -- None Listed On Document
Larsen Jacob E -- Us World Wide Title Svcs Llc
Larsen Jacob E -- Homie Title Insurance Agency
Peterson Jeffrey D -- Title West Spanish Fork
Board Of Education Of Nebo School Distri -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larsen Jacob E $100,000
Previous Owner Larsen Jacob E $506,000
Previous Owner Larsen Jacob E $488,000
Previous Owner Peterson Jeffrey D $381,686
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
2024 $4,338 $439,945 $0 $0
2023 $4,343 $441,265 $0 $0
2022 $4,505 $450,615 $0 $0
2021 $3,556 $570,700 $153,500 $417,200
2020 $3,512 $548,500 $139,500 $409,000
2019 $3,199 $510,200 $128,800 $381,400
2018 $3,153 $480,700 $117,100 $363,600
2017 $2,904 $236,115 $0 $0
2016 $1,961 $199,045 $0 $0
Source: Public Records

Map

Utah Utah County Salem 84653

863 E 1020 S, Salem, UT

Homes for Sale in Salem, UT

This home is located at 863 E 1020 S, Salem, UT 84653 and is currently estimated at $946,653, approximately $202 per square foot. 863 E 1020 S is a home located in Utah County with nearby schools including Foothills Elementary School, Valley View Middle School, and Salem Junior High 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.

Nearby Homes