Check Availability

2527 North Wallace Way

2527 North Wallace Way, Lehi, UT 84043
Property in Utah
Sold May 11, 2021
$345,000
$276,000 by Security National Mortgage Co
Mortgage Due Jun 01, 2051
Sold Sep 25, 2018
Transfer
2527 North Wallace Way in Lehi, UT was first built in 2018 and is 6 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. There are a total of 2 floors. There are a total of 0 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. 2527 North Wallace Way has 1,805 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 4,225 square feet.

Learn more about the property and building on this page. There is a porch. The home has a gable style roof made of shingle (not wood). For those who need parking, there is a built-in garage. The garage is 440 sqft. There are a total of 2 available parking spaces. 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. 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, 2527 North Wallace Way sold most recently in May 10, 2021 for a total of $345,000. If you work out the math, that's approximately a cost of $191.14 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 $2,198 in taxes each year. 2527 North Wallace Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $279,730. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2018
  • Effective Year Built: 2018
  • 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: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 700
  • Garage Type: Built-in
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 4,225
  • Total Building Area: 1,805
  • Gross Building Area: 2,945
  • Building Area: 1,805
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,805
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOLBROOK FARMS PHASE 1
  • Land Acres: 0.097
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 120, PLAT B, HOLBROOK FARMS, PHASE 1 SUB AREA 0.097 AC

Ownership

  • Current Owner : GUO ZHIBIN
  • Current Owner 2: HU JIEWEN
  • Previous Owner : GUO ZHIBIN
  • Owner Before Previous Owner: CLAYTON PROPERTIES GROUP II INC
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Alpine School District
  • Census Tract: 010124

Geography

  • Subdivision Phase Number: 1
  • Parcel: 41-884-0120
  • Lot: 120
  • Municipality: LEHI LESS NUCW
  • Latitude: 40.4186
  • Longitude: -111.917

    Address

  • Full Address: 2527 N Wallace Way
  • Address - House Number: 2527
  • Street Direction: N
  • Address - Street Name: Wallace
  • Address - Suffix Type: Way
  • State: UT
  • City Name: Lehi
  • Carrier Code: R056
  • 4-Digit Zip Code: 7315
  • Zip Code: 84043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,198
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.1854
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 75
  • Final Value: 599,243
  • High Value: 710,358
  • Low Value: 488,128

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $276,000
  • First Open Lien Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Open Lien Mortgage Recording Date: May 11, 2021
  • First Open Lien Mortgage Loan Amount: $276,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $508,600
  • Market Land Value: $241,200
  • Market Improvement Value: $267,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $279,730

    Sales

  • Current Sale Contract Date: May 10, 2021
  • Current Sale Recording Date: May 11, 2021
  • Current Sale Transaction ID: 11837795908
  • Current Sale Price: $345,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 88197:2021
  • Previous Sale Recording Date: Sep 25, 2018
  • Previous Sale Contract Date: Sep 25, 2018
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Mortgage Transaction Date: May 11, 2021
  • First Mortgage Loan Amount: $276,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

About Lehi



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1622 N 3950, Lehi, UT, 84045

$2,800 /mo

  • 5 Beds
  • 3.5 Baths
1622 N 3950 #1, Lehi, UT, 84045 Listing by Carl McGavin
Unit for rent at 1385 N 3830, Lehi, UT, 84043

$1,900 /mo

  • 3 Beds
  • 2 Baths
1385 N 3830, Lehi, UT, 84043 Listing by Adam Larson
Unit for rent at 3374 W 1960, Lehi, UT, 84043

$1,775 /mo

  • 3 Beds
  • 2 Baths
3374 W 1960 #P302, Lehi, UT, 84043 Listing by Ryan Ashworth
Unit for rent at 1390 N 3790, Lehi, UT, 84043

$2,150 /mo

  • 3 Beds
  • 2.5 Baths
1390 N 3790 #302, Lehi, UT, 84043 Listing by Carl McGavin
Unit for rent at 2076 N 4100, Lehi, UT, 84043

$1,200 /mo

  • 1 Bed
  • 1 Bath
2076 N 4100 #466, Lehi, UT, 84043 Listing by Carl McGavin
Unit for rent at 387 W Watercress Dr, Saratoga Springs, UT, 84045

$3,500 /mo

  • 3 Beds
  • 2.5 Baths
387 W Watercress Dr, Saratoga Springs, UT, 84045 Listing by Craig Smith
Unit for rent at 3778 W 2280 N, Lehi, UT, 84043

$2,325 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,296 ft²
3778 W 2280 N #3778 W 2280 N, Lehi, UT, 84043 Listing by Manager

Frequently Asked Questions

What neighborhood is 2527 North Wallace Way located in?
The 2527 North Wallace Way is a located in the neighborhood of Utah in Lehi, Lehi.
What is the average sales price for listings in 2527 North Wallace Way?
The average sales price for units in 2527 North Wallace Way is $0 currently.

Quantcast