See Home Value
$463,000 - $565,000
House - Off Market

222 N 550

Orem, UT 84097
bedrooms
6 Beds
bathrooms
1.5 Baths, 1 Half Bath
Sold Mar 20, 2020
$173,800
$139,000 by Veritas Funding Llc
Mortgage Due Apr 01, 2050
Sold Apr 09, 1999
$140,000
$112,000 by American Pioneer Financial Ser
Mortgage Due Apr 01, 2029

About This Property

Charming Home in Peaceful Orem Neighborhood Nestled in the heart of Orem, Utah, at 222 N 550 E, lies a delightful family home that perfectly embodies the essence of comfortable living. This wonderful property is situated in a tranquil neighborhood that offers the ideal blend of serenity and convenience, making it a haven for those seeking a peaceful lifestyle while still being close to all the essentials of modern living. Key Features:  Location: The property is located in a remarkably quiet neighborhood, ensuring a serene and peaceful living environment. Residents will appreciate the tranquility while being just a stone's throw away from stores, schools, and various amenities. Provo Canyon, renowned for its scenic beauty and recreational opportunities, is also conveniently close by.  Spacious Lot: Sitting on a generously sized lot, this home offers ample space for outdoor activities and landscaping enthusiasts. The backyard is thoughtfully fenced, providing a secure and private oasis for families and pets to enjoy.  Versatile Opportunity: Whether you're looking for a perfect family home or a savvy investment opportunity, this property caters to both. With its prime location and versatile layout, it's an excellent choice for families or as a lucrative rental property. Property Highlights: As you step inside this cozy abode, you'll find a well-designed floor plan that maximizes space and functionality. The interior boasts:  Multiple Bedrooms: This home offers multiple bedrooms, providing the versatility needed for families of all sizes. Each room is a canvas ready for your personal touch.  Bright Living Spaces: Sunlight streams through the windows, illuminating the living areas and creating an inviting atmosphere. The living room is the perfect spot for relaxation and quality family time. Kitchen: The kitchen features a custom layout and ample counter space, making meal preparation a breeze. It's the heart of the home where culinary creations and cherished memories are made.  Outdoor Retreat: The fenced backyard is an ideal space for outdoor gatherings, gardening, or just unwinding after a long day. It's a peaceful retreat where you can relish the beautiful Utah weather. Community and Lifestyle: Living at 222 N 550 E in Orem, Utah, means being part of a welcoming community. You'll have easy access to nearby stores, top-rated schools, a golf course, and the natural beauty of Provo Canyon. Whether you're an outdoor enthusiast, a golfer, or simply seeking a quiet place to call home, this location offers something for everyone. Don't miss out on the opportunity to make this charming Orem home your own. Whether you're starting a family, looking for an investment property, or seeking a tranquil retreat, 222 N 550 E has it all. Text us today to schedule a viewing and experience the potential and comfort this property has to offer.
Unit Size
-
Days on Market
-
Land Size
0.27 acres
Price per sqft
-
Property Type
House
Property Taxes
$159
HOA Dues
-
Year Built
1959

Price History

Date / Event Date Event Price
May 14, 2024 No longer available -
No longer available
May 2, 2024 Price Decreased $514,000
↓ $9K (1.7%)
Price Decreased
Apr 18, 2024 Price Increased $522,600
↑ $100 (0%)
Price Increased
Mar 31, 2024 Price Decreased $522,500
↓ $27K (5%)
Price Decreased
Mar 16, 2024 Price Decreased $549,900
↓ $100 (0%)
Price Decreased
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 1,324
  • Garage Square Area: 638
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,718
  • Total Building Area: 1,324
  • Gross Building Area: 3,286
  • Building Area: 1,324
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,324
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: LUGAR BUENA PARK
  • Land Acres: 0.269
  • Legal Description 1: LOT 5, BLK 4, LUGAR BUENA PARK SUB AREA 0.247 AC. ALSO NORTH 10 FEET OF LOT 1, BLK 4, LUGAR BUENA PARK SUB AREA 0.022 AC.

Ownership

  • Current Owner : NIELSEN MERIAM
  • Previous Owner : NIELSEM MERIAM
  • Owner Before Previous Owner: NIELSEN ALAN R
  • Owner Before Previous Owner 2: NIELSEN MERIAM
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Alpine School District
  • Census Tract: 000904

Geography

  • Parcel: 45-049-0032
  • Block: 4
  • Lot: 1,5
  • Municipality: OREM
  • Latitude: 40.3012
  • Longitude: -111.682

    Address

  • Full Address: 222 N 550 E
  • Address - House Number: 222
  • Street Segment Direction: E
  • Street Direction: N
  • Address - Street Name: 550
  • State: UT
  • City Name: Orem
  • Carrier Code: C007
  • 4-Digit Zip Code: 4835
  • Zip Code: 84097

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,903
  • Tax Rate Code Area: 90

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 530,480
  • High Value: 629,386
  • Low Value: 431,574

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $139,000
  • First Open Lien Mortgage Lender: VERITAS FUNDING LLC
  • First Open Lien Mortgage Recording Date: Mar 20, 2020
  • First Open Lien Mortgage Loan Amount: $139,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $454,700
  • Market Land Value: $196,900
  • Market Improvement Value: $257,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,085

    Sales

  • Current Sale Contract Date: Mar 16, 2020
  • Current Sale Recording Date: Mar 20, 2020
  • Current Sale Transaction ID: 11758422577
  • Current Sale Price: $173,800
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 35744:2020
  • Previous Sale Recording Date: Apr 09, 1999
  • Previous Sale Contract Date: Apr 05, 1999
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: VERITAS FUNDING LLC
  • First Mortgage Transaction Date: Mar 20, 2020
  • First Mortgage Loan Amount: $139,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN PIONEER FINANCIAL SER
  • Previous Mortgage Transaction Date: Apr 09, 1999
  • Previous Mortgage Loan Amount: $112,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Apr 01, 2029



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
2 Baths
-
$539,000 Feb 16, 2024
-
$354/mo

About Cascade


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Frequently Asked Questions

When was property at 222 North 550 East built and last sold?
The property at 222 North 550 East was built in 1959 and last sold on Mar 16, 2020 for $173,800.
How much is this home worth?
The estimated value of the home located at 222 North 550 East is $527,826.
What are some comparable homes to 222 North 550 East?
Homes that are comparable to 222 North 550 East include a house property at 1082 East 120 South, located in Orem, UT.

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