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1040 East 550 South

1040 East 550 South, Pleasant Grove, UT 84062
Property in Utah
Sold Dec 02, 2020
$437,000
$349,600 by Security National Mortgage Co
Mortgage Due Dec 01, 2050
1040 East 550 South in Pleasant Grove, UT was first built in 1969 and is 55 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 is only one bathroom. There is a 1 partial bathroom. 1040 East 550 South has 1,248 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 10,454 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 tile. For those who need parking, there is a carport. 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. 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, 1040 East 550 South sold most recently in Nov 30, 2020 for a total of $437,000. If you work out the math, that's approximately a cost of $350.16 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 $1,748 in taxes each year. 1040 East 550 South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $213,620. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Exterior

Parking

Covered Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,248
  • Garage Type: Carport
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,248
  • Gross Building Area: 2,496
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COM. N 03' W ALONG SEC LINE 625.55 FT & W 247.69 FT FROM E1/4 COR SEC 28, T 5 S, R 2 E, SLB&M; S 12 59' E 103.95 FT; S 77 01'

Ownership

  • Current Owner : HAINES THOMAS
  • Current Owner 2: HAINES WHITNEY
  • Previous Owner : DUKE BELVA RUTH
  • Previous Owner 2: RADMALL DENISE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alpine School District
  • Census Tract: 000506

Geography

  • Parcel: 14-048-0040
  • Municipality: PLEASANT GROVE
  • Latitude: 40.3572
  • Longitude: -111.717

    Address

  • Full Address: 1040 E 550 S
  • Address - House Number: 1040
  • Street Segment Direction: S
  • Street Direction: E
  • Address - Street Name: 550
  • State: UT
  • City Name: Pleasant Grove
  • Carrier Code: C003
  • 4-Digit Zip Code: 3104
  • Zip Code: 84062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,748
  • Tax Rate Code Area: 70

    Appraisal Valuation

  • Standard Deviation: 0.1854
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 75
  • Final Value: 495,659
  • High Value: 587,567
  • Low Value: 403,751

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $349,600
  • First Open Lien Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Dec 02, 2020
  • First Open Lien Mortgage Loan Amount: $349,600
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $388,400
  • Market Land Value: $201,000
  • Market Improvement Value: $187,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,620

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Dec 02, 2020
  • Current Sale Transaction ID: 11815399642
  • Current Sale Price: $437,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 191486:2020

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Mortgage Transaction Date: Dec 02, 2020
  • First Mortgage Loan Amount: $349,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Pleasant Grove



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Frequently Asked Questions

What neighborhood is 1040 East 550 South located in?
The 1040 East 550 South is a located in the neighborhood of Utah in Pleasant Grove, Pleasant Grove.
What is the average sales price for listings in 1040 East 550 South?
The average sales price for units in 1040 East 550 South is $0 currently.

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