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1606 West 525 South

1606 West 525 South, Lehi, UT 84043
Property in Utah
Sold Dec 09, 2016
$247,500
$198,000 by Veritas Funding Llc
Mortgage Due Jan 01, 2037
Sold Dec 04, 2014
Transfer
Local assessors in Lehi, UT have categorized 1606 West 525 South as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 11,021 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a a-frame style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1606 West 525 South has a total of 1,048 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 528 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof that was made of shingle (not wood). Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in Dec 3, 2016 for $247,500. That's $236.16 per sqft. 1606 West 525 South was last assessed in 2023. The total value of the property was assessed at $237,985. 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 $1,873. 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. 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: 1999
  • Effective Year Built: 1999
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Masonry
  • Building Style: A-frame
  • Exterior Walls Type: Alum/Vinyl siding
  • 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 Type: Finished improved basement
  • Basement Area: 528
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,021
  • Total Building Area: 1,048
  • Gross Building Area: 2,080
  • Building Area: 1,048
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,048
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STAGE COACH CROSSING
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 113, PLAT B, STAGE COACH CROSSING SUBDV. AREA 0.253 AC

Ownership

  • Current Owner : SILVER SCOTT M
  • Previous Owner : SILVER SCOTT M
  • Previous Owner 2: SILVER ANNA N
  • Owner Before Previous Owner: NORTHAM A W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alpine School District
  • Census Tract: 010127

Geography

  • Parcel: 52-739-0113
  • Lot: 113
  • Municipality: LEHI
  • Latitude: 40.3823
  • Longitude: -111.875

    Address

  • Full Address: 1606 W 525 S
  • Address - House Number: 1606
  • Street Segment Direction: S
  • Street Direction: W
  • Address - Street Name: 525
  • State: UT
  • City Name: Lehi
  • Carrier Code: R037
  • 4-Digit Zip Code: 3640
  • Zip Code: 84043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,873
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.1917
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 74
  • Final Value: 496,786
  • High Value: 592,040
  • Low Value: 401,533

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,000
  • First Open Lien Mortgage Lender: VERITAS FUNDING LLC
  • First Open Lien Mortgage Recording Date: Dec 09, 2016
  • First Open Lien Mortgage Loan Amount: $198,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2037

    Market Valuation

  • Market Total Value: $432,700
  • Market Land Value: $175,300
  • Market Improvement Value: $257,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,985

    Sales

  • Current Sale Contract Date: Dec 03, 2016
  • Current Sale Recording Date: Dec 09, 2016
  • Current Sale Transaction ID: 1811277297
  • Current Sale Price: $247,500
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 123997:2016
  • Previous Sale Recording Date: Dec 04, 2014
  • Previous Sale Contract Date: Dec 03, 2014
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VERITAS FUNDING LLC
  • First Mortgage Transaction Date: Dec 09, 2016
  • First Mortgage Loan Amount: $198,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2037

About Lehi



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 1606 West 525 South located in?
The 1606 West 525 South is a located in the neighborhood of Utah in Lehi, Lehi.
What is the average sales price for listings in 1606 West 525 South?
The average sales price for units in 1606 West 525 South is $0 currently.

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