NOT LISTED FOR SALE

87 E 500 S Farmington, UT 84025

Estimated Value: $560,000 - $602,000

5 Beds
3 Baths
1,333 Sq Ft
$435/Sq Ft Est. Value

About This Home

This home is located at 87 E 500 S, Farmington, UT 84025 and is currently estimated at $580,362, approximately $435 per square foot. 87 E 500 S is a home located in Davis County with nearby schools including Farmington Elementary School, Farmington High, and Farmington Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2020
Sold by
Smith Paul A and Smith Addie L
Bought by
Smith Paul A and Smith Addie L
Current Estimated Value
$580,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
2.41%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Nov 9, 2016
Sold by
Smith Paul A and Smith Addie L
Bought by
Paul A Smith and Smith Family Trust

Purchase Details

Closed on
Aug 24, 2016
Sold by
Addie L Smith
Bought by
Smith Paul A and Smith Addie L

Purchase Details

Closed on
Apr 25, 2013
Sold by
Smith Paul A and Smith Addie L
Bought by
Smith Paul A and Smith Addie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,750
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2013
Sold by
Smith Paul A and Smith Addie L
Bought by
Smith Paul A and Smith Addie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,750
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2008
Sold by
Smith Addie and Smith Paul
Bought by
Smith Paul A and Smith Addie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2008
Sold by
Smith Paul A and Smith Addie L
Bought by
Smith Paul and Smith Addie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2006
Sold by
Smith Paul A and Smith Addie L
Bought by
Smith Paul A and Smith Addie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2005
Sold by
Smith Paul A and Smith Addie L
Bought by
Smith Paul A and Smith Addie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2003
Sold by
Smith Paul A and Smith Addie L
Bought by
Smith Paul A and Smith Addie L

Purchase Details

Closed on
Jan 25, 2003
Sold by
Smith Paul A and Smith Addie L
Bought by
Smith Paul A and Smith Addie L

Purchase Details

Closed on
Dec 20, 1999
Sold by
Smith Paul A and Smith Addie L
Bought by
Smith Paul A and Smith Addie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,325
Interest Rate
7.69%

Purchase Details

Closed on
Dec 15, 1998
Sold by
Smith Paul A and Smith Addie L
Bought by
Smith Paul A and Smith Addie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
6.91%

Purchase Details

Closed on
Feb 28, 1997
Sold by
Smith Paul A and Smith Addie L
Bought by
Smith Paul A and Smith Addie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.81%
Mortgage Type
Seller Take Back
Source: Public Records

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
Smith Paul A -- Stewart Title Ins Agency
Paul A Smith -- None Available
Smith Paul A -- None Available
Smith Paul A -- None Available
Smith Paul A -- Linear Title Agency
Smith Paul A -- Bonneville Superior Title
Smith Addie -- Bonneville Superior Title Co
Smith Paul A -- Bonneville Superior Title Co
Smith Paul -- Bonneville Superior Title Co
Smith Paul A -- Title One Inc
Smith Paul A -- Title One Inc
Smith Paul A -- Title One Inc
Smith Paul A -- Heritage West Title Insuranc
Smith Paul A -- Heritage West Title Insuranc
Smith Paul A -- Backman Stewart Title Servic
Smith Paul A -- Backman Stewart Title Servic
Smith Paul A -- --
Smith Paul A -- --
Smith Paul A -- Security Title Company
Smith Paul A -- Security Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Paul A $795,000
Closed Paul A Smith Family Trust $795,000
Closed Smith Paul A $585,000
Previous Owner Smith Paul A $188,750
Previous Owner Smith Paul A $198,127
Previous Owner Smith Paul A $200,000
Previous Owner Smith Addie $25,000
Previous Owner Smith Paul A $174,400
Previous Owner Smith Paul A $43,600
Previous Owner Smith Paul A $50,693
Previous Owner Smith Paul A $39,325
Previous Owner Smith Paul A $157,000
Previous Owner Smith Paul A $105,000
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
2024 $2,888 $288,750 $153,407 $135,343
2023 $2,750 $501,000 $229,745 $271,255
2022 $2,796 $289,300 $114,326 $174,974
2021 $2,519 $388,000 $180,471 $207,529
2020 $2,304 $346,000 $155,320 $190,680
2019 $2,348 $342,000 $154,514 $187,486
2018 $2,209 $317,000 $147,757 $169,243
2016 $2,011 $148,555 $61,245 $87,310
2015 $1,904 $133,485 $61,245 $72,240
2014 $1,879 $135,420 $51,037 $84,383
2013 -- $120,259 $51,571 $68,688
Source: Public Records

Map