NOT LISTED FOR SALE

985 N 1540 W Orem, UT 84057

Bonneville Neighborhood
-- Bed
-- Bath
22,142 Sq Ft
1.03 Acres

About This Home

This home is located at 985 N 1540 W, Orem, UT 84057. 985 N 1540 W is a home located in Utah County with nearby schools including Bonneville Elementary School, Orem Junior High School, and Timpanogos High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2020
Sold by
Rocky Mountain Solutions Llc
Bought by
Md Network Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Outstanding Balance
$1,070,049
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 2014
Sold by
B & D Capital 1 Llc
Bought by
Rocky Mountain Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
4.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 2008
Sold by
Sunset 25 Inc
Bought by
Jbb Properties Llc

Purchase Details

Closed on
Feb 10, 2006
Sold by
Sorensen T Charlene T and Sorensen Kelly
Bought by
B & D Capital 1 Llc and Martin Johnson Holdings 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
6.16%
Mortgage Type
Commercial
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
Md Network Llc -- Inwest Title Orem
Rocky Mountain Solutions Llc -- Provo Land Title Co
Jbb Properties Llc -- Provo Land Title Company
B & D Capital 1 Llc -- First American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Md Network Llc $1,190,000
Previous Owner Rocky Mountain Solutions Llc $78,422
Previous Owner Rocky Mountain Solutions Llc $1,125,000
Previous Owner B & D Capital I Llc $780,000
Previous Owner B & D Capital I Llc $833,750
Previous Owner B & D Capital 1 Llc $562,500
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 $13,911 $1,701,000 $0 $0
2023 $11,889 $1,562,500 $0 $0
2022 $11,164 $1,421,500 $414,100 $1,007,400
2021 $12,581 $1,334,400 $302,200 $1,032,200
2020 $12,308 $1,283,000 $364,300 $918,700
2019 $12,016 $1,302,600 $383,900 $918,700
2018 $12,203 $1,263,900 $349,300 $914,600
2017 $13,840 $1,396,100 $0 $0
2016 $13,264 $1,233,900 $0 $0
2015 $13,848 $1,218,300 $0 $0
2014 $11,718 $1,026,200 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84057 Bonneville

985 N 1540 W, Orem, UT

This home is located at 985 N 1540 W, Orem, UT 84057. 985 N 1540 W is a home located in Utah County with nearby schools including Bonneville Elementary School, Orem Junior High School, and Timpanogos 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.

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