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1062 West 1050 South

1062 West 1050 South, Springville, UT 84663
Property in Utah
Sold Oct 30, 2020
$499,200
$399,348 by First Colony Mortgage Corp
Mortgage Due Nov 01, 2050
1062 West 1050 South has been categorized by the local assessors in Springville, UT as a residential type of property. The building on the property was first built in 2020 and is 4 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1062 West 1050 South has 2,431 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 8,625 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. For the features and amenities located on the property. There is a built-in garage for those who require parking. The garage measured 793 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1062 West 1050 South was last sold in Oct 30, 2020 for $499,200. According to our calculations, that's $205.35 per sqft. Current property owners are expected to pay $2,779 in taxes per year. The property on 1062 West 1050 South was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $278,410. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Built-in
  • Garage Square Area: 793
  • Parking Space Count: 3
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 8,625
  • Total Building Area: 2,431
  • Building Area: 2,431
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,431
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ANTHEM WEST PLAT A SUBDIVISION
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 5, PLAT A, ANTHEM WEST SUB AREA 0.198 AC

Ownership

  • Current Owner : STAUFFER RILEY
  • Current Owner 2: STAUFFER MEGAN
  • Previous Owner : BUILDING CONSTRUCTION PARTNERS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • Census Tract: 002901

Geography

  • Parcel: 34-641-0005
  • Lot: 5
  • Municipality: SPRINGVILLE
  • Latitude: 40.1518
  • Longitude: -111.629

    Address

  • Full Address: 1062 W 1050 S
  • Address - House Number: 1062
  • Street Segment Direction: S
  • Street Direction: W
  • Address - Street Name: 1050
  • State: UT
  • City Name: Springville
  • Carrier Code: R012
  • 4-Digit Zip Code: 6168
  • Zip Code: 84663

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,779
  • Tax Rate Code Area: 131

    Appraisal Valuation

  • Standard Deviation: 0.1854
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 75
  • Final Value: 580,050
  • High Value: 687,607
  • Low Value: 472,494

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $502,828
  • First Open Lien Mortgage Lender: FIRST COLONY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 30, 2020
  • First Open Lien Mortgage Loan Amount: $399,348
  • 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: Nov 01, 2050
  • Second Open Lien Mortgage Lender: MOUNTAIN AMERICA FEDERAL CREDI
  • Second Open Lien Mortgage Recording Date: Dec 14, 2022
  • Second Open Lien Mortgage Loan Amount: $103,480
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $506,200
  • Market Land Value: $175,000
  • Market Improvement Value: $331,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,410

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Transaction ID: 11804781329
  • Current Sale Price: $499,200
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 172395:2020

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COLONY MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 30, 2020
  • First Mortgage Loan Amount: $399,348
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Springville



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Frequently Asked Questions

What neighborhood is 1062 West 1050 South located in?
The 1062 West 1050 South is a located in the neighborhood of Utah in Springville, Springville.
What is the average sales price for listings in 1062 West 1050 South?
The average sales price for units in 1062 West 1050 South is $0 currently.

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