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271 South 550 East

271 South 550 East, Smithfield, UT 84335
Property in Cache
Sold Nov 10, 2015
$243,000
$194,400 by Primelending
Mortgage Due Dec 01, 2045
Sold Nov 13, 2007
$266,600
$213,300 by Usu Charter Federal Credit Uni
Mortgage Due Dec 01, 2037
271 South 550 East has been categorized by the local assessors in Smithfield, UT as a residential type of property. The building on the property was first built in 1998 and is 26 years old. In addition, 271 South 550 East has 1,318 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 14,810 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 271 South 550 East sold most recently in Nov 5, 2015 for a total of $243,000. If you work out the math, that's approximately a cost of $184.37 per sqft. Before that, the property was also sold for $266,600 in Nov 8, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,410 in taxes each year. 271 South 550 East was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $286,220. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,318
  • Building Area: 1,318
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,318
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COR OF LT 5 SD SUBD
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6 VIOLET VISTA UNIT 2 CONT 0.33 AC ALSO: BEG AT SW COR OF LT 5 SD SUBD & TH N 2 FT TH N 802'31 E 183.69 FT M/L TO W LN OF

Ownership

  • Current Owner : SCHILLING LEAH A
  • Previous Owner : SCHILLING STEVEN H
  • Previous Owner 2: SCHILLING LEAH A
  • Owner Before Previous Owner: PORTER SHARON N
  • Owner Before Previous Owner 2: PORTER SHARON L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cache School District
  • School Tax School District: SMITHFIELD CTY
  • Census Tract: 000202

Geography

  • Parcel: 08-154-0006
  • Lot: 6-5
  • Municipality: SMITHFIELD CITY
  • Latitude: 41.8304
  • Longitude: -111.818

    Address

  • Full Address: 271 S 550 E
  • Legal Unit: 2
  • Address - House Number: 271
  • Street Segment Direction: E
  • Street Direction: S
  • Address - Street Name: 550
  • State: UT
  • City Name: Smithfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 1200
  • Zip Code: 84335

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,410
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.2083
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 71
  • Final Value: 497,700
  • High Value: 601,383
  • Low Value: 394,016

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,400
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Nov 10, 2015
  • First Open Lien Mortgage Loan Amount: $194,400
  • 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, 2045

    Market Valuation

  • Market Total Value: $506,250
  • Market Land Value: $70,000
  • Market Improvement Value: $436,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $286,220

    Sales

  • Current Sale Contract Date: Nov 05, 2015
  • Current Sale Recording Date: Nov 10, 2015
  • Current Sale Transaction ID: 1356286115
  • Current Sale Price: $243,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 1136520
  • Previous Sale Recording Date: Nov 13, 2007
  • Previous Sale Contract Date: Nov 08, 2007
  • Previous Sale Amount: $266,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Nov 10, 2015
  • First Mortgage Loan Amount: $194,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: USU CHARTER FEDERAL CREDIT UNI
  • Previous Mortgage Transaction Date: Nov 13, 2007
  • Previous Mortgage Loan Amount: $213,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2037

About Smithfield



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Frequently Asked Questions

What neighborhood is 271 South 550 East located in?
The 271 South 550 East is a located in the neighborhood of Cache in Smithfield, Smithfield.
What is the average sales price for listings in 271 South 550 East?
The average sales price for units in 271 South 550 East is $0 currently.

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