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1636 East 550 South

1636 East 550 South, Springville, UT 84663
Property in Utah
Sold Jun 04, 2019
$287,500
$231,000 by Caliber Home Loans Inc
Mortgage Due Apr 01, 2041
Sold Mar 01, 2006
$191,900
$189,330 by First Colony Mortgage Corp
Mortgage Due Mar 01, 2036
Local assessors in Springville, UT have categorized 1636 East 550 South as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 11,456 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a a-frame style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1636 East 550 South has a total of 1,530 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,514 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 553 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof that was made of shingle (not wood). Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1636 East 550 South sold most recently in Jun 3, 2019 for a total of $287,500. If you work out the math, that's approximately a cost of $187.91 per sqft. Before that, the property was also sold for $191,900 in Feb 28, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,939 in taxes each year. 1636 East 550 South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $301,455. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Masonry
  • Building Style: A-frame
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,514
  • Garage Type: Attached
  • Garage Square Area: 553
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,456
  • Total Building Area: 1,530
  • Gross Building Area: 3,597
  • Building Area: 1,530
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,530
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIDDEN MEADOW ESTS
  • Land Acres: 0.263
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6, PLAT A, HIDDEN MEADOW ESTS SUBDV. AREA 0.263 AC

Ownership

  • Current Owner : GILES JEFFREY T
  • Current Owner 2: GILES ANNA S
  • Previous Owner : OBERG KIM A
  • Previous Owner 2: OBERG SHARI K
  • Owner Before Previous Owner: KLAUCK MICHAEL W
  • Owner Before Previous Owner 2: KLAUCK KRAIG A
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Nebo School District
  • Census Tract: 003104

Geography

  • Parcel: 41-493-0006
  • Lot: 6
  • Municipality: SPRINGVILLE
  • Latitude: 40.1585
  • Longitude: -111.581

    Address

  • Full Address: 1636 E 550 S
  • Address - House Number: 1636
  • Street Segment Direction: S
  • Street Direction: E
  • Address - Street Name: 550
  • State: UT
  • City Name: Springville
  • Carrier Code: R003
  • 4-Digit Zip Code: 2730
  • Zip Code: 84663

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,939
  • Tax Rate Code Area: 130

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 71
  • Final Value: 594,246
  • High Value: 718,646
  • Low Value: 469,847

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $231,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Mar 24, 2021
  • First Open Lien Mortgage Loan Amount: $231,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2041

    Market Valuation

  • Market Total Value: $548,100
  • Market Land Value: $202,100
  • Market Improvement Value: $346,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $301,455

    Sales

  • Current Sale Contract Date: Jun 03, 2019
  • Current Sale Recording Date: Jun 04, 2019
  • Current Sale Transaction ID: 11619808856
  • Current Sale Price: $287,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 050204:2019
  • Previous Sale Recording Date: Mar 01, 2006
  • Previous Sale Contract Date: Feb 28, 2006
  • Previous Sale Amount: $191,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Jun 04, 2019
  • First Mortgage Loan Amount: $230,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FIRST COLONY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 01, 2006
  • Previous Mortgage Loan Amount: $189,330
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Mar 01, 2036

About Springville



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Frequently Asked Questions

What neighborhood is 1636 East 550 South located in?
The 1636 East 550 South is a located in the neighborhood of Utah in Springville, Springville.
What is the average sales price for listings in 1636 East 550 South?
The average sales price for units in 1636 East 550 South is $0 currently.

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