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1017 Oakridge Drive

1017 Oakridge Drive, Farmington, UT 84025
Property in Davis
Sold Nov 10, 2020
$622,500
$498,000 by Intercap Lending
Mortgage Due Dec 01, 2035
Sold Jan 29, 2020
$617,500
$494,000 by Caliber Home Loans Inc
Mortgage Due Feb 01, 2050
1017 Oakridge Drive has been categorized by the local assessors in Farmington, UT as a residential type of property. The building on the property was first built in 2003 and is 21 years old. The home has a total of 11 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1017 Oakridge Drive has 2,849 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 18,731 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 1017 Oakridge Drive sold most recently in Nov 5, 2020 for a total of $622,500. If you work out the math, that's approximately a cost of $218.50 per sqft. Before that, the property was also sold for $617,500 in Jan 24, 2020. 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 $5,149 in taxes each year. 1017 Oakridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $938,000. If we break it down further, the land itself was valued at $292,442. Improvements to the property, however, were assessed at a total of $645,558. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2003
  • Effective Year Built: 2003
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B+
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 2,849
  • Building Area: 2,849
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,849
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FARMINGTON HILLS
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ALL OF LOT 46, FARMINGTON HILLS. CONT 0.22 ACRES ALSO: ALL OF LOT 47, FARMINGTON HILLS. CONT 0.21 ACRES TOTAL ACREAGE 0.43

Ownership

  • Current Owner : HANCOCK DARYL
  • Current Owner 2: HANCOCK COURTNEY
  • Previous Owner : HANCOCK DARYL
  • Previous Owner 2: ENGLAND COURTNEY
  • Owner Before Previous Owner: HANCOCK DARYL KENNETH
  • Owner Before Previous Owner 2: EUGLAND COURTNEY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust

Neighborhood

  • School District Name: Davis School District
  • Census Tract: 126203

Zoning

  • Zoning: LR-F

Geography

  • Parcel: 07-017-0094
  • Lot: 46-47
  • Municipality: FARMINGTON ABHLZ
  • Latitude: 40.9973
  • Longitude: -111.89

    Address

  • Full Address: 1017 Oakridge Dr
  • Address - House Number: 1017
  • Address - Street Name: Oakridge
  • Address - Suffix Type: Dr
  • State: UT
  • City Name: Farmington
  • Carrier Code: R002
  • 4-Digit Zip Code: 3744
  • Zip Code: 84025

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,149
  • Tax Rate Code Area: 0024

    Appraisal Valuation

  • Standard Deviation: 0.1938
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 74
  • Final Value: 1,121,599
  • High Value: 1,338,990
  • Low Value: 904,208

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $498,000
  • First Open Lien Mortgage Lender: INTERCAP LENDING
  • First Open Lien Mortgage Recording Date: Nov 10, 2020
  • First Open Lien Mortgage Loan Amount: $498,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2035

    Market Valuation

  • Market Total Value: $938,000
  • Market Land Value: $292,442
  • Market Improvement Value: $645,558

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $938,000
  • Assessed Land Value: $292,442
  • Assessed Improvements Value: $645,558

    Sales

  • Current Sale Contract Date: Nov 05, 2020
  • Current Sale Recording Date: Nov 10, 2020
  • Current Sale Transaction ID: 11799738844
  • Current Sale Price: $622,500
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 3313729
  • Previous Sale Recording Date: Jan 29, 2020
  • Previous Sale Contract Date: Jan 24, 2020
  • Previous Sale Amount: $617,500
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: INTERCAP LENDING
  • First Mortgage Transaction Date: Nov 10, 2020
  • First Mortgage Loan Amount: $498,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Jan 29, 2020
  • Previous Mortgage Loan Amount: $494,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2050

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Frequently Asked Questions

What neighborhood is 1017 Oakridge Drive located in?
The 1017 Oakridge Drive is a located in the neighborhood of Davis in Farmington, Farmington.
What is the average sales price for listings in 1017 Oakridge Drive?
The average sales price for units in 1017 Oakridge Drive is $0 currently.

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