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1482 South 1140 East

1482 South 1140 East, Orem, UT 84097
Property in Hillcrest
Sold Aug 10, 2018
$1,599,000
$1,279,200 by Veritas Funding Llc
Mortgage Due Sep 01, 2048
Sold Nov 10, 2014
Transfer
1482 South 1140 East has been categorized by the local assessors in Orem, UT as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 13 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1482 South 1140 East has 6,879 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 21,954 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a a-frame style.

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 1,020 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying a porch. Love to swim? You'll be excited to find out that there is a pool on the property. 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 B+ 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 masonry. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. There is a single fireplace in the home. Perfect for those wintery 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. According to our sources, 1482 South 1140 East sold most recently in Jul 30, 2018 for a total of $1,599,000. If you work out the math, that's approximately a cost of $232.45 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 $8,708 in taxes each year. 1482 South 1140 East was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,144,495. 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: 2006
  • Effective Year Built: 2006
  • Building Count: 2
  • Total Rooms: 13
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: B+
  • 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: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Built-in
  • Garage Square Area: 1,020
  • Parking Space Count: 4
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 21,954
  • Total Building Area: 6,879
  • Gross Building Area: 7,899
  • Building Area: 6,879
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 6,879
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE BERKSHIRES
  • Land Acres: 0.504
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1, PLAT N, THE BERKSHIRES SUB AREA 0.504 AC

Ownership

  • Current Owner : HARRISON HEATHER P
  • Previous Owner : RASMUSSEN AUBREE
  • Previous Owner 2: RASMUSSEN AUBREE
  • Owner Before Previous Owner: THORPE LAURA W
  • Owner Before Previous Owner 2: THE LAURA THORPE FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Provo School District
  • Census Tract: 001401

Geography

  • Parcel: 35-611-0001
  • Lot: 1
  • Latitude: 40.2699
  • Longitude: -111.668

    Address

  • Full Address: 1482 S 1140 E
  • Address - House Number: 1482
  • Street Segment Direction: E
  • Street Direction: S
  • Address - Street Name: 1140
  • State: UT
  • City Name: Orem
  • Carrier Code: C001
  • 4-Digit Zip Code: 6672
  • Zip Code: 84097

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,708
  • Tax Rate Code Area: 91

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 75
  • Final Value: 2,186,322
  • High Value: 2,587,950
  • Low Value: 1,784,694

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,279,200
  • First Open Lien Mortgage Lender: VERITAS FUNDING LLC
  • First Open Lien Mortgage Recording Date: Aug 10, 2018
  • First Open Lien Mortgage Loan Amount: $1,279,200
  • 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: Sep 01, 2048

    Market Valuation

  • Market Total Value: $2,080,900
  • Market Land Value: $478,200
  • Market Improvement Value: $1,602,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,144,495

    Sales

  • Current Sale Contract Date: Jul 30, 2018
  • Current Sale Recording Date: Aug 10, 2018
  • Current Sale Transaction ID: 11510544178
  • Current Sale Price: $1,599,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 075726:2018
  • Previous Sale Recording Date: Nov 10, 2014
  • Previous Sale Contract Date: Oct 30, 2014
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VERITAS FUNDING LLC
  • First Mortgage Transaction Date: Aug 10, 2018
  • First Mortgage Loan Amount: $1,279,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

About Hillcrest



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Frequently Asked Questions

What neighborhood is 1482 South 1140 East located in?
The 1482 South 1140 East is a located in the neighborhood of Hillcrest in Hillcrest, Orem.
What is the average sales price for listings in 1482 South 1140 East?
The average sales price for units in 1482 South 1140 East is $0 currently.

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