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2849 South 8500 West

2849 South 8500 West, Magna, UT 84044
Property in Magna
Sold Aug 15, 2022
Transfer
$252,000 by Security National Mortgage Co
Mortgage Due Apr 01, 2051
Sold Apr 02, 2021
$315,000
$252,000 by Security National Mortgage Co
Mortgage Due Apr 01, 2051
Local assessors in Magna, UT have categorized 2849 South 8500 West as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 2002. The property's lot size has been calculated to be 9,148 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a cottage style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 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 is one full bathroom. There are also 2 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 2849 South 8500 West has a total of 1,677 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 partial basement that is 883 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. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 260 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back 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 - D. The building has a shed style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on no 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. Before that, the property was also sold for $315,000 in Mar 29, 2021. 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 $2,426 in taxes each year. 2849 South 8500 West was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $309,700. If we break it down further, the land itself was valued at $114,500. Improvements to the property, however, were assessed at a total of $195,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1950
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Shed
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 883
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 260
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 2,026
  • Gross Building Area: 2,026
  • Building Area: 1,677
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,677
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OQUIRRH HILLS SUB
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 46 OQUIRRH HILLS SUB 3170-376 5990-176 5990-0177 8417-3884,3886 8979-1505 9325-6657 9839-7234 9942-7546 10558-0097 10916-5726 11148-9425

Ownership

  • Current Owner : SORENSON STEVEN CARL
  • Current Owner 2: BURGESS KENNETH J
  • Previous Owner : BARBARA BURGESS
  • Owner Before Previous Owner: BURGESS BARBARA ANN
  • Owner Before Previous Owner 2: BURGESS JACK ANTHONY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Granite School District
  • Census Tract: 113906

Zoning

  • Zoning: 1206

Geography

  • Assessors Map Reference: 14-29-127
  • Parcel: 14-29-127-014-0000
  • Lot: 46
  • Meridian: SEC 29 TWN 1N RNG 2W
  • Municipality: MAGNA
  • Latitude: 40.7086
  • Longitude: -112.094

    Address

  • Full Address: 2849 S 8500 W
  • Address - House Number: 2849
  • Street Segment Direction: W
  • Street Direction: S
  • Address - Street Name: 8500
  • State: UT
  • City Name: Magna
  • Carrier Code: C002
  • 4-Digit Zip Code: 1309
  • Zip Code: 84044

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,426
  • Tax Rate Code Area: ABY

    Appraisal Valuation

  • Standard Deviation: 0.2178
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 421,802
  • High Value: 513,712
  • Low Value: 329,891

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,000
  • First Open Lien Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Apr 02, 2021
  • First Open Lien Mortgage Loan Amount: $252,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $309,700
  • Market Land Value: $114,500
  • Market Improvement Value: $195,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,700
  • Assessed Land Value: $114,500
  • Assessed Improvements Value: $195,200

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Aug 15, 2022
  • Current Sale Transaction ID: 11895070361
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14000332
  • Previous Sale Recording Date: Apr 02, 2021
  • Previous Sale Contract Date: Mar 29, 2021
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Previous Mortgages

  • Previous Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • Previous Mortgage Transaction Date: Apr 02, 2021
  • Previous Mortgage Loan Amount: $252,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2051

About Magna



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Frequently Asked Questions

What neighborhood is 2849 South 8500 West located in?
The 2849 South 8500 West is a located in the neighborhood of Magna in Magna, Magna.
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