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285 South 500 West

285 South 500 West, Monroe, UT 84754
Property in Sevier
Sold Nov 22, 2022
$53,200
$40,000 by University Federal Credit Unio
Mortgage Due Nov 14, 2042
Sold Nov 05, 2021
$437,500
$350,000 by United Wholesale Mortgage
Mortgage Due Dec 01, 2051
285 South 500 West in Monroe, UT was first built in 2011 and is 13 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 ranch/rambler style. It is a single story home. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 285 South 500 West has 1,488 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. The basement is 1,488 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 15,682 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 676 sqft. There are a total of 2 available parking spaces. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. 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, 285 South 500 West sold most recently in Nov 14, 2022 for a total of $53,200. If you work out the math, that's approximately a cost of $35.75 per sqft. Before that, the property was also sold for $437,500 in Nov 4, 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 $4,248 in taxes each year. 285 South 500 West was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $454,604. If we break it down further, the land itself was valued at $61,457. Improvements to the property, however, were assessed at a total of $393,147. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,488
  • Garage Type: Attached
  • Garage Square Area: 676
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,488
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH FORK SUBDIVISION
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ALL OF LOT 1 SOUTH FORK SUBDIVISION PHASE 2 IN MONROE CITY SURVEY AREA .36 OF AN ACRE

Ownership

  • Current Owner : LEDDY PATRICK O
  • Previous Owner : LEDDY PATRICK O
  • Owner Before Previous Owner: DRAPER JOHN R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Sevier School District
  • Census Tract: 975500

Geography

  • Account Number: 0190005
  • Subdivision Phase Number: 2
  • Parcel: 3-285-1
  • Lot: 1
  • Municipality: MONROE
  • Latitude: 38.6272
  • Longitude: -112.132

    Address

  • Full Address: 285 S 500 W
  • Address - House Number: 285
  • Street Segment Direction: W
  • Street Direction: S
  • Address - Street Name: 500
  • State: UT
  • City Name: Monroe
  • Carrier Code: R002
  • 4-Digit Zip Code: 4391
  • Zip Code: 84754

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,248
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.247
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 441,191
  • High Value: 550,181
  • Low Value: 332,200

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $80,000
  • First Open Lien Mortgage Lender: UNIVERSITY FEDERAL CREDIT UNIO
  • First Open Lien Mortgage Recording Date: Nov 22, 2022
  • First Open Lien Mortgage Loan Amount: $40,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Nov 14, 2042
  • Second Open Lien Mortgage Lender: UNIVERSITY FCU
  • Second Open Lien Mortgage Recording Date: Nov 22, 2022
  • Second Open Lien Mortgage Loan Amount: $40,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Nov 14, 2042

    Market Valuation

  • Market Total Value: $454,604
  • Market Land Value: $61,457
  • Market Improvement Value: $393,147

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $454,604
  • Assessed Land Value: $61,457
  • Assessed Improvements Value: $393,147

    Sales

  • Current Sale Contract Date: Nov 14, 2022
  • Current Sale Recording Date: Nov 22, 2022
  • Current Sale Transaction ID: 11899452796
  • Current Sale Price: $53,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 431990
  • Previous Sale Recording Date: Nov 05, 2021
  • Previous Sale Contract Date: Nov 04, 2021
  • Previous Sale Amount: $437,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSITY FEDERAL CREDIT UNIO
  • First Mortgage Transaction Date: Nov 22, 2022
  • First Mortgage Loan Amount: $40,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Nov 14, 2042

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Nov 05, 2021
  • Previous Mortgage Loan Amount: $350,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2051

About Monroe



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Frequently Asked Questions

What neighborhood is 285 South 500 West located in?
The 285 South 500 West is a located in the neighborhood of Sevier in Monroe, Monroe.
What is the average sales price for listings in 285 South 500 West?
The average sales price for units in 285 South 500 West is $0 currently.

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