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217 North 670 East

217 North 670 East, Orem, UT 84059
Property in Utah
Sold May 12, 2020
$3,125,000
Buyer
Seller
$2,500,000 by Altabank
Mortgage
Local assessors in Orem, UT have categorized 217 North 670 East as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 7,100 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 99 rooms in the home. Of these, 20 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. There are also 30 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 217 North 670 East has a total of 17,967 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. 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. 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 flat style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of stucco 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 central heating system is the primary heating source. 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, 217 North 670 East sold most recently in May 11, 2020 for a total of $3,125,000. If you work out the math, that's approximately a cost of $173.93 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 $1,837 in taxes each year. 217 North 670 East was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,389,575. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2017
  • Effective Year Built: 2017
  • Total Rooms: 99
  • Bedroom Count: 20
  • Bathroom Count: 30
  • Partial Bathrooms: 30
  • 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: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,100
  • Total Building Area: 17,967
  • Gross Building Area: 17,967
  • Building Area: 17,967
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 17,967
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE VINE APARTMENT PLAT
  • Land Acres: 0.163
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOT 14, THE VINE APARTMENTS PUD. AREA 0.163 AC

Ownership

  • Current Owner : V14 LLC
  • Previous Owner : UCCELLO LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • Census Tract: 002209

Geography

  • Parcel: 54-316-0014
  • Lot: 14
  • Municipality: VINEYARD
  • Latitude: 40.301
  • Longitude: -111.738

    Address

  • Full Address: 217 N 670 E
  • Address - House Number: 217
  • Street Segment Direction: E
  • Street Direction: N
  • Address - Street Name: 670
  • State: UT
  • City Name: Vineyard
  • Carrier Code: C084
  • 4-Digit Zip Code: 2673
  • Zip Code: 84059

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,837
  • Tax Rate Code Area: 95

    Appraisal Valuation

  • Standard Deviation: 0.4555
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 8
  • Final Value: 1,427,150
  • High Value: 2,077,269
  • Low Value: 777,030

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,500,000
  • First Open Lien Mortgage Lender: ALTABANK
  • First Open Lien Mortgage Recording Date: May 12, 2020
  • First Open Lien Mortgage Loan Amount: $2,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $2,526,500
  • Market Land Value: $505,300
  • Market Improvement Value: $2,021,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,389,575

    Sales

  • Current Sale Contract Date: May 11, 2020
  • Current Sale Recording Date: May 12, 2020
  • Current Sale Transaction ID: 11767823902
  • Current Sale Price: $3,125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 63770:2020

    Last Sale Mortgage

  • First Mortgage Lender: ALTABANK
  • First Mortgage Transaction Date: May 12, 2020
  • First Mortgage Loan Amount: $2,500,000
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Vineyard



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Frequently Asked Questions

What neighborhood is 217 North 670 East located in?
The 217 North 670 East is a located in the neighborhood of Utah in Vineyard, Orem.
What is the average sales price for listings in 217 North 670 East?
The average sales price for units in 217 North 670 East is $0 currently.

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