NOT LISTED FOR SALE

883 E 240 S Salem, UT 84653

Estimated Value: $560,000 - $600,000

4 Beds
3 Baths
2,896 Sq Ft
$198/Sq Ft Est. Value

About This Home

This home is located at 883 E 240 S, Salem, UT 84653 and is currently estimated at $572,161, approximately $197 per square foot. 883 E 240 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
Feb 20, 2025
Sold by
Johnson Lora Lee
Bought by
Lora Lee Ray Trust and Ray
Current Estimated Value
$572,161

Purchase Details

Closed on
Aug 22, 2024
Sold by
Poulsen Lyle and Poulsen Nancy
Bought by
Johnson Lora Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
6.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 30, 2022
Sold by
Clayton Mary Ann
Bought by
Poulsen Lyle and Poulsen Nancy

Purchase Details

Closed on
Sep 12, 2018
Sold by
Jones William Todd and Jones Tiffany
Bought by
Poulsen Lyle and Poulsen Nancy

Purchase Details

Closed on
Oct 31, 2008
Sold by
Lewis Tani V and Lewis Cloey Janet
Bought by
Jones William Todd and Jones Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,600
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2007
Sold by
Lewis Janet C and Lewis Tani V
Bought by
Lewis Tani V and Lewis Cloey Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 21, 2004
Sold by
Robert Nelson Construction Llc
Bought by
Lewis Janet C and Lewis Tani V
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.

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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

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.

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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
Lora Lee Ray Trust -- None Listed On Document
Johnson Lora Lee -- Wasatch Land & Title
Poulsen Lyle -- Accommodation/Courtesy Recordi
Poulsen Lyle -- Gt Title Services
Jones William Todd -- Executive Title Orem
Lewis Tani V -- None Available
Lewis Janet C -- Pro Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Lora Lee $570,000
Previous Owner Jones William Todd $234,600
Previous Owner Lewis Tani $330,000
Previous Owner Lewis Tani $315,000
Previous Owner Lewis Janet C $100,000
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 $2,662 $269,995 $0 $0
2023 $2,689 $273,185 $0 $0
2022 $2,711 $271,150 $0 $0
2021 $2,114 $339,300 $117,300 $222,000
2020 $2,076 $324,200 $106,600 $217,600
2019 $1,956 $312,000 $98,400 $213,600
2018 $2,022 $308,200 $98,400 $209,800
2017 $1,984 $161,315 $0 $0
2016 $1,895 $152,295 $0 $0
2015 $1,882 $148,555 $0 $0
2014 $1,550 $122,540 $0 $0
Source: Public Records

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