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1035 North 500 West

1035 North 500 West, Lehi, UT 84043
Property in Utah
Sold Apr 23, 2019
$171,300
$137,000 by Security National Mortgage Co
Mortgage Due May 01, 2049
Sold Jan 31, 2018
$296,700
$237,390 by Cyprus Fcu
Mortgage Due Feb 01, 2048
1035 North 500 West in Lehi, UT was first built in 1907 and is 117 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 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1035 North 500 West has 1,760 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 13,939 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 metal. For those who need parking, there is a detached garage. 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 excellent. 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 central 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, 1035 North 500 West sold most recently in Apr 22, 2019 for a total of $171,300. If you work out the math, that's approximately a cost of $97.33 per sqft. Before that, the property was also sold for $296,700 in Jan 27, 2018. 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 $1,853 in taxes each year. 1035 North 500 West was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $235,510. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1907
  • Effective Year Built: 1907
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • 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: Metal
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,760
  • Gross Building Area: 1,760
  • Building Area: 1,760
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,760
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COM N 01 DEG 24'09"W 579.66 FT & S 89 DEG 38'42"E 555.31 FT FR CEN SEC 8, T5S, R1E, SLM; N 89 DEG 38'42"W 180 FT; N 32'39"W

Ownership

  • Current Owner : GIBBS DYLAN TATSUO
  • Current Owner 2: HUGHES MIYUKI
  • Previous Owner : SNOOK DALTON SHANE
  • Previous Owner 2: TACANA TRACEY NICOLE
  • Owner Before Previous Owner: HILLSTEAD KADE CHAD
  • Owner Before Previous Owner 2: HILLSTEAD LINDSAY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Alpine School District
  • Census Tract: 000102

Geography

  • Parcel: 12-037-0034
  • Meridian: SEC 08 TWN 05S RNG 01E
  • Municipality: LEHI
  • Latitude: 40.4005
  • Longitude: -111.857

    Address

  • Full Address: 1035 N 500 W
  • Address - House Number: 1035
  • Street Segment Direction: W
  • Street Direction: N
  • Address - Street Name: 500
  • State: UT
  • City Name: Lehi
  • Carrier Code: C005
  • 4-Digit Zip Code: 1112
  • Zip Code: 84043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,853
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 71
  • Final Value: 453,721
  • High Value: 547,899
  • Low Value: 359,544

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $276,000
  • First Open Lien Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Apr 23, 2019
  • First Open Lien Mortgage Loan Amount: $137,000
  • 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: May 01, 2049
  • Second Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • Second Open Lien Mortgage Recording Date: Apr 21, 2020
  • Second Open Lien Mortgage Loan Amount: $139,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $428,200
  • Market Land Value: $216,500
  • Market Improvement Value: $211,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,510

    Sales

  • Current Sale Contract Date: Apr 22, 2019
  • Current Sale Recording Date: Apr 23, 2019
  • Current Sale Transaction ID: 11613112354
  • Current Sale Price: $171,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 034173:2019
  • Previous Sale Recording Date: Jan 31, 2018
  • Previous Sale Contract Date: Jan 27, 2018
  • Previous Sale Amount: $296,700
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Mortgage Transaction Date: Apr 23, 2019
  • First Mortgage Loan Amount: $137,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: CYPRUS FCU
  • Previous Mortgage Transaction Date: Jan 31, 2018
  • Previous Mortgage Loan Amount: $237,390
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2048

About Lehi



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Frequently Asked Questions

What neighborhood is 1035 North 500 West located in?
The 1035 North 500 West is a located in the neighborhood of Utah in Lehi, Lehi.
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