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2911 East Somerset Drive

2911 East Somerset Drive, Spanish Fork, UT 84660
Property in Utah
Sold Oct 27, 2020
$304,100
$243,300 by Academy Mortgage Corp
Mortgage Due Nov 01, 2050
Sold Aug 29, 2016
$212,500
$170,000 by Guaranteed Rate Inc
Mortgage Due Sep 01, 2046
Local assessors in Spanish Fork, UT have categorized 2911 East Somerset Drive as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 1,220 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a a-frame style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 are 2 full bathrooms. 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 2911 East Somerset Drive has a total of 1,260 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 finished improved basement that is 806 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. Additional features on the property are as follows. There is a built-in garage for those who need a place to park their vehicle. The garage on the property is 395 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 a open porch so you'll have a great option in the front 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 - C+. The building has a gable style roof that was made of shingle (not wood). Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on air conditioning for their cooling system. The home's a forced air unit 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. According to our sources, 2911 East Somerset Drive sold most recently in Oct 26, 2020 for a total of $304,100. If you work out the math, that's approximately a cost of $241.35 per sqft. Before that, the property was also sold for $212,500 in Aug 29, 2016. 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 $1,786 in taxes each year. 2911 East Somerset Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $184,250. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2007
  • Effective Year Built: 2007
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 806
  • Garage Type: Built-in
  • Garage Square Area: 395
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,220
  • Total Building Area: 1,260
  • Gross Building Area: 2,461
  • Building Area: 1,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,260
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOMERSET VILLAGE PH3
  • Land Acres: 0.028
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT 145, SOMERSET VILLAGE PH.3 SUBDV. AREA 0.028 AC

Ownership

  • Current Owner : CRAIG KIRA
  • Current Owner 2: WINFIELD ANN
  • Previous Owner : ADAMS RILEY D
  • Previous Owner 2: ADAMS RACHEL L
  • Owner Before Previous Owner: FUELLING DANIEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Nebo School District
  • Census Tract: 010307

Geography

  • Parcel: 66-143-0145
  • Lot: 145
  • Municipality: SPANISH FORK
  • Latitude: 40.0953
  • Longitude: -111.606

    Address

  • Full Address: 2911 E Somerset Dr
  • Address - House Number: 2911
  • Street Direction: E
  • Address - Street Name: Somerset
  • Address - Suffix Type: Dr
  • State: UT
  • City Name: Spanish Fork
  • Carrier Code: R008
  • 4-Digit Zip Code: 5050
  • Zip Code: 84660

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,786
  • Tax Rate Code Area: 150

    Appraisal Valuation

  • Standard Deviation: 0.2096
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 408,483
  • High Value: 494,106
  • Low Value: 322,859

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $298,300
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Loan Amount: $243,300
  • 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: Nov 01, 2050
  • Second Open Lien Mortgage Lender: SPRING EQ, LLC
  • Second Open Lien Mortgage Recording Date: Jan 24, 2024
  • Second Open Lien Mortgage Loan Amount: $55,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2044

    Market Valuation

  • Market Total Value: $335,000
  • Market Land Value: $49,200
  • Market Improvement Value: $285,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,250

    Sales

  • Current Sale Contract Date: Oct 26, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Transaction ID: 11804697155
  • Current Sale Price: $304,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 169098:2020
  • Previous Sale Recording Date: Aug 29, 2016
  • Previous Sale Contract Date: Aug 29, 2016
  • Previous Sale Amount: $212,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 27, 2020
  • First Mortgage Loan Amount: $243,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Aug 29, 2016
  • Previous Mortgage Loan Amount: $170,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2046

About Spanish Fork



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Frequently Asked Questions

What neighborhood is 2911 East Somerset Drive located in?
The 2911 East Somerset Drive is a located in the neighborhood of Utah in Spanish Fork, Spanish Fork.
What is the average sales price for listings in 2911 East Somerset Drive?
The average sales price for units in 2911 East Somerset Drive is $0 currently.

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