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503 South 1040 East

503 South 1040 East, American Fork, UT 84003
Property in Utah
Sold Mar 03, 2021
$361,000
$288,800 by Intercap Lending
Mortgage Due Apr 01, 2051
Sold Aug 11, 2015
Transfer
503 South 1040 East in American Fork, UT was first built in 2011 and is 13 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a a-frame style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 503 South 1040 East has 1,387 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 2,134 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of shingle (not wood). For those who need parking, there is a attached garage. The garage is 529 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. 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, 503 South 1040 East sold most recently in Mar 1, 2021 for a total of $361,000. If you work out the math, that's approximately a cost of $260.27 per sqft. 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 $1,896 in taxes each year. 503 South 1040 East was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $223,355. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • 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 Area: 0
  • Garage Type: Attached
  • Garage Square Area: 529
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,134
  • Total Building Area: 1,387
  • Gross Building Area: 1,387
  • Building Area: 1,387
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,387
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MIRA VISTA PUD 2ND AMD
  • Land Acres: 0.049
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT 15, PLAT C, MIRA VISTA PUD 2ND AMD SUB AREA 0.049 AC

Ownership

  • Current Owner : BRINKERHOFF LOU ANNE
  • Previous Owner : JONES RONALD S
  • Previous Owner 2: JONES MARYLIN
  • Owner Before Previous Owner: ALTO PATRICIA M
  • Owner Before Previous Owner 2: ALTO FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alpine School District
  • Census Tract: 000510

Geography

  • Parcel: 46-887-0015
  • Lot: 15
  • Municipality: AMERICAN FORK
  • Latitude: 40.3672
  • Longitude: -111.77

    Address

  • Full Address: 503 S 1040 E
  • Address - House Number: 503
  • Street Segment Direction: E
  • Street Direction: S
  • Address - Street Name: 1040
  • State: UT
  • City Name: American Fork
  • Carrier Code: R018
  • 4-Digit Zip Code: 3387
  • Zip Code: 84003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,896
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 71
  • Final Value: 462,893
  • High Value: 560,455
  • Low Value: 365,332

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $288,800
  • First Open Lien Mortgage Lender: INTERCAP LENDING
  • First Open Lien Mortgage Recording Date: Mar 03, 2021
  • First Open Lien Mortgage Loan Amount: $288,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $406,100
  • Market Land Value: $75,800
  • Market Improvement Value: $330,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,355

    Sales

  • Current Sale Contract Date: Mar 01, 2021
  • Current Sale Recording Date: Mar 03, 2021
  • Current Sale Transaction ID: 11830565401
  • Current Sale Price: $361,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 40375:2021
  • Previous Sale Recording Date: Aug 11, 2015
  • Previous Sale Contract Date: Aug 07, 2015
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERCAP LENDING
  • First Mortgage Transaction Date: Mar 03, 2021
  • First Mortgage Loan Amount: $288,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About American Fork



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Frequently Asked Questions

What neighborhood is 503 South 1040 East located in?
The 503 South 1040 East is a located in the neighborhood of Utah in American Fork, American Fork.
What is the average sales price for listings in 503 South 1040 East?
The average sales price for units in 503 South 1040 East is $0 currently.

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