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372 North 400 West

372 North 400 West, Provo, UT 84601
Property in Timp
Sold Jun 08, 2021
$1,482,500
$1,186,000 by Capital Community Bank
Mortgage Due Jun 05, 2031
Sold Oct 22, 2007
$722,100
$577,700 by First California Bank
Mortgage
372 North 400 West has been categorized by the local assessors in Provo, UT as a residential type of property. The building on the property was first built in 1978 and is 46 years old. The home has a total of 60 rooms. 20 of these rooms are legally considered as bedrooms. Residents will have access to 12 full bathrooms. There are 12 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 372 North 400 West has 7,802 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 3,854 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 13,068 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a a-frame style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of metal. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The property was last sold in Jun 7, 2021 for $1,482,500. That's $190.02 per sqft. Prior to that sales transaction, the property was also sold in Oct 17, 2007 for $722,100. 372 North 400 West was last assessed in 2023. The total value of the property was assessed at $935,385. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $9,639. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Total Rooms: 60
  • Bedroom Count: 20
  • Bathroom Count: 12
  • Full Bathrooms: 12
  • Partial Bathrooms: 12
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: A-frame
  • Exterior Walls Type: Metal
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 12
  • Basement Type: Finished improved basement
  • Basement Area: 3,854
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 7,802
  • Gross Building Area: 7,802
  • Building Area: 7,802
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 7,802
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.3
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: COM. 1 ROD N OF NW COR OF LOT 4, BLK 107, PLAT A, PROVO CITY SURVEY; E 12 RODS; S 4 RODS; W 12 RODS; N 4 RODS TO BEG

Ownership

  • Current Owner : RIVER VIEW MANAGEMENT LC
  • Previous Owner : THOMAS PROPERTIES LLC
  • Owner Before Previous Owner: KJOLBY PROPERTIES & INVESTMENTS LC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Provo School District
  • Census Tract: 001900

Geography

  • Parcel: 04-101-0006
  • Block: 107
  • Lot: 4
  • Municipality: PROVO
  • Latitude: 40.2387
  • Longitude: -111.665

    Address

  • Full Address: 372 N 400 W
  • Address - House Number: 372
  • Street Segment Direction: W
  • Street Direction: N
  • Address - Street Name: 400
  • State: UT
  • City Name: Provo
  • Carrier Code: C009
  • 4-Digit Zip Code: 2772
  • Zip Code: 84601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,639
  • Tax Rate Code Area: 110

    Appraisal Valuation

  • Standard Deviation: 0.4555
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 8
  • Final Value: 993,403
  • High Value: 1,445,934
  • Low Value: 540,871

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,186,000
  • First Open Lien Mortgage Lender: CAPITAL COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Jun 08, 2021
  • First Open Lien Mortgage Loan Amount: $1,186,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jun 05, 2031

    Market Valuation

  • Market Total Value: $1,700,700
  • Market Land Value: $340,100
  • Market Improvement Value: $1,360,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $935,385

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jun 08, 2021
  • Current Sale Transaction ID: 11845888749
  • Current Sale Price: $1,482,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 104774:2021
  • Previous Sale Recording Date: Oct 22, 2007
  • Previous Sale Contract Date: Oct 17, 2007
  • Previous Sale Amount: $722,100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAPITAL COMMUNITY BANK
  • First Mortgage Transaction Date: Jun 08, 2021
  • First Mortgage Loan Amount: $1,186,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 05, 2031

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CALIFORNIA BANK
  • Previous Mortgage Transaction Date: Oct 22, 2007
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $577,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Timp



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Frequently Asked Questions

What neighborhood is 372 North 400 West located in?
The 372 North 400 West is a located in the neighborhood of Timp in Timp, Provo.
What is the average sales price for listings in 372 North 400 West?
The average sales price for units in 372 North 400 West is $0 currently.

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