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1488 Oakridge Drive

1488 Oakridge Drive, Layton, UT 84040
Property in Davis
Sold Feb 05, 2021
$406,300
$325,000 by Security National Mortgage Co
Mortgage Due Mar 01, 2036
Sold Oct 01, 2012
$206,300
$165,000 by Citywide Home Loans
Mortgage Due Oct 01, 2027
1488 Oakridge Drive has been categorized by the local assessors in Layton, UT as a residential type of property. The building on the property was first built in 1996 and is 28 years old. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1488 Oakridge Drive has 1,594 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 10,454 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. 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 C 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. 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, 1488 Oakridge Drive was last sold in Feb 1, 2021 for $406,300. According to our calculations, that's $254.89 per sqft. Prior to that sales transaction, the property was sold for $206,300 in Sep 26, 2012. Current property owners are expected to pay $2,602 in taxes per year. The property on 1488 Oakridge Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $485,000. To break that down further, the land itself was valued at $201,486. While improvements to the property were assessed at a total of $283,514. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1996
  • Effective Year Built: 1996
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,594
  • Building Area: 1,594
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,594
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EASTWOOD ESTATES SUBDIVISION
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ALL OF LOT 35, EASTWOOD ESTATES SUB. CONT. 0.24 ACRES

Ownership

  • Current Owner : SMITH REBECCA
  • Current Owner 2: SMITH GLENN
  • Previous Owner : SMITH GLENN
  • Previous Owner 2: SMITH REBECCA
  • Owner Before Previous Owner: SMITH GLENN
  • Owner Before Previous Owner 2: SMITH REBECCA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Davis School District
  • Census Tract: 125908

Zoning

  • Zoning: R-1-8

Geography

  • Parcel: 10-016-0035
  • Lot: 35
  • Municipality: LAYTON ABC
  • Latitude: 41.0768
  • Longitude: -111.938

    Address

  • Full Address: 1488 Oakridge Dr
  • Address - House Number: 1488
  • Address - Street Name: Oakridge
  • Address - Suffix Type: Dr
  • State: UT
  • City Name: Layton
  • Carrier Code: C011
  • 4-Digit Zip Code: 2933
  • Zip Code: 84040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,602
  • Tax Rate Code Area: 0039

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 75
  • Final Value: 558,808
  • High Value: 661,840
  • Low Value: 455,776

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $475,000
  • First Open Lien Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Feb 05, 2021
  • First Open Lien Mortgage Loan Amount: $325,000
  • 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: Mar 01, 2036
  • Second Open Lien Mortgage Lender: AMERICA FIRST FCU
  • Second Open Lien Mortgage Recording Date: Aug 28, 2023
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 30, 2028
  • Third Open Lien Mortgage Lender: AMERICA FIRST FCU
  • Third Open Lien Mortgage Recording Date: Aug 28, 2023
  • Third Open Lien Mortgage Loan Amount: $75,000
  • Third Open Lien Mortgage Term: 60
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Aug 30, 2028

    Market Valuation

  • Market Total Value: $485,000
  • Market Land Value: $201,486
  • Market Improvement Value: $283,514

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485,000
  • Assessed Land Value: $201,486
  • Assessed Improvements Value: $283,514

    Sales

  • Current Sale Contract Date: Feb 01, 2021
  • Current Sale Recording Date: Feb 05, 2021
  • Current Sale Transaction ID: 11818001934
  • Current Sale Price: $406,300
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 3345149
  • Previous Sale Recording Date: Oct 01, 2012
  • Previous Sale Contract Date: Sep 26, 2012
  • Previous Sale Amount: $206,300
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Mortgage Transaction Date: Feb 05, 2021
  • First Mortgage Loan Amount: $325,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: CITYWIDE HOME LOANS
  • Previous Mortgage Transaction Date: Oct 01, 2012
  • Previous Mortgage Loan Amount: $165,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2027

About Layton



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Frequently Asked Questions

What neighborhood is 1488 Oakridge Drive located in?
The 1488 Oakridge Drive is a located in the neighborhood of Davis in Layton, Layton.
What is the average sales price for listings in 1488 Oakridge Drive?
The average sales price for units in 1488 Oakridge Drive is $0 currently.

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