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1516 South 430 West

1516 South 430 West, Orem, UT 84058
Property in Lakeview
Sold Nov 17, 2020
$209,800
$167,840 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2050
Sold May 28, 2008
$137,500
$110,000 by Utah Community Cu
Mortgage Due Jun 01, 2023
1516 South 430 West in Orem, UT was first built in 2001 and is 23 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 7 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. 1516 South 430 West has 1,293 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 1,394 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of shingle (not wood). For those who need parking, there is a carport. 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 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 air conditioning. As for heating, the home is utilizing a forced air unit. The property was last sold in Nov 17, 2020 for $209,800. That's $162.26 per sqft. Prior to that sales transaction, the property was also sold in May 16, 2008 for $137,500. 1516 South 430 West was last assessed in 2023. The total value of the property was assessed at $159,995. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,217. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • 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: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,394
  • Total Building Area: 1,293
  • Gross Building Area: 1,293
  • Building Area: 1,293
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,293
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGE
  • Land Acres: 0.032
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 68, PHASE THREE, LAKE RIDGE CONDO. AREA 0.032 AC

Ownership

  • Current Owner : BENSON RACHEL
  • Current Owner 2: BENSON MARK ALAN
  • Previous Owner : JOHNSON F BRENT F
  • Previous Owner 2: JOHNSON PAULA D
  • Owner Before Previous Owner: WATERS W GLEN
  • Owner Before Previous Owner 2: WATERS LORI

Neighborhood

  • School District Name: Alpine School District
  • Census Tract: 001201

Geography

  • Subdivision Phase Number: 3
  • Parcel: 45-310-0068
  • Municipality: OREM
  • Latitude: 40.2704
  • Longitude: -111.705

    Address

  • Full Address: 1516 S 430 W
  • Legal Unit: 68
  • Address - House Number: 1516
  • Street Segment Direction: W
  • Street Direction: S
  • Address - Street Name: 430
  • State: UT
  • City Name: Orem
  • Carrier Code: C085
  • 4-Digit Zip Code: 7325
  • Zip Code: 84058

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,217
  • Tax Rate Code Area: 90

    Appraisal Valuation

  • Standard Deviation: 0.197
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 73
  • Final Value: 327,621
  • High Value: 392,183
  • Low Value: 263,059

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $167,840
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 17, 2020
  • First Open Lien Mortgage Loan Amount: $167,840
  • 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: $290,900
  • Market Land Value: $32,300
  • Market Improvement Value: $258,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,995

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Nov 17, 2020
  • Current Sale Transaction ID: 11811327757
  • Current Sale Price: $209,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 182223:2020
  • Previous Sale Recording Date: May 28, 2008
  • Previous Sale Contract Date: May 16, 2008
  • Previous Sale Amount: $137,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 17, 2020
  • First Mortgage Loan Amount: $167,840
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: UTAH COMMUNITY CU
  • Previous Mortgage Transaction Date: May 28, 2008
  • Previous Mortgage Loan Amount: $110,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2023

About Lakeview



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Unit for rent at 792 S Main St, Orem, UT, 84058

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Frequently Asked Questions

What neighborhood is 1516 South 430 West located in?
The 1516 South 430 West is a located in the neighborhood of Lakeview in Lakeview, Orem.
What is the average sales price for listings in 1516 South 430 West?
The average sales price for units in 1516 South 430 West is $0 currently.

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