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608 South 520 West

608 South 520 West, Orem, UT 84058
Property in Sunset Heights
Sold Aug 05, 2022
Transfer
Sold May 12, 2021
$507,400
$405,900 by United Wholesale Mortgage
Mortgage Due Jun 01, 2051
608 South 520 West in Orem, UT was first built in 1975 and is 49 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 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 608 South 520 West has 1,215 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. The basement is 1,215 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 9,583 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 513 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 masonry. 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 central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $507,400 in May 7, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,986 in taxes each year. 608 South 520 West was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $260,975. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1975
  • Effective Year Built: 1975
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: A-frame
  • Exterior Walls Type: Masonry
  • 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: 1,215
  • Garage Type: Attached
  • Garage Square Area: 513
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,215
  • Gross Building Area: 2,943
  • Building Area: 1,215
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,215
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE HILL ESTATES
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1, PLAT C, LAKE HILL ESTATES SUB. AREA .22 ACRE

Ownership

  • Current Owner : SHEATHER PROPERTIES LLC
  • Previous Owner : WESTON CHRISTENSEN
  • Owner Before Previous Owner: WRIGHT ANDREW LEE
  • Owner Before Previous Owner 2: WRIGHT LISA ANN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Alpine School District
  • Census Tract: 001105

Geography

  • Parcel: 45-010-0001
  • Lot: 1
  • Municipality: OREM
  • Latitude: 40.2862
  • Longitude: -111.708

    Address

  • Full Address: 608 S 520 W
  • Address - House Number: 608
  • Street Segment Direction: W
  • Street Direction: S
  • Address - Street Name: 520
  • State: UT
  • City Name: Orem
  • Carrier Code: C070
  • 4-Digit Zip Code: 6120
  • Zip Code: 84058

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,986
  • Tax Rate Code Area: 90

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 74
  • Final Value: 520,361
  • High Value: 621,179
  • Low Value: 419,543

    Market Valuation

  • Market Total Value: $474,500
  • Market Land Value: $213,100
  • Market Improvement Value: $261,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,975

    Sales

  • Current Sale Contract Date: Aug 05, 2022
  • Current Sale Recording Date: Aug 05, 2022
  • Current Sale Transaction ID: 11894425060
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 88202
  • Previous Sale Recording Date: May 12, 2021
  • Previous Sale Contract Date: May 07, 2021
  • Previous Sale Amount: $507,400
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: May 12, 2021
  • Previous Mortgage Loan Amount: $405,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2051

About Sunset Heights



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Frequently Asked Questions

What neighborhood is 608 South 520 West located in?
The 608 South 520 West is a located in the neighborhood of Sunset Heights in Sunset Heights, Orem.
What is the average sales price for listings in 608 South 520 West?
The average sales price for units in 608 South 520 West is $0 currently.

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