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450 South 1160 West

450 South 1160 West, Orem, UT 84058
Property in Sunset Heights
Sold Oct 19, 2016
$263,900
$211,105 by Security National Mortgage Co
Mortgage Due Nov 01, 2046
Sold May 29, 2014
$200,000
$160,000 by United Wholesale Mortgage
Mortgage Due Jun 01, 2044
450 South 1160 West in Orem, UT was first built in 1970 and is 54 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 a-frame style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 450 South 1160 West has 936 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 888 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 7,884 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of shingle (not wood). For those who need parking, there is a carport. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 450 South 1160 West sold most recently in Oct 17, 2016 for a total of $263,900. If you work out the math, that's approximately a cost of $281.94 per sqft. Before that, the property was also sold for $200,000 in May 28, 2014. 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 $1,730 in taxes each year. 450 South 1160 West was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $227,370. 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 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: 1970
  • Effective Year Built: 1970
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C+
  • Building Style: A-frame
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 888
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,884
  • Total Building Area: 936
  • Gross Building Area: 1,824
  • Building Area: 936
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 936
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DUNES
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 10, PLAT A, DUNES SUB AREA 0.181 AC

Ownership

  • Current Owner : CERVANTES JOSE ANTONIO HERNANDEZ
  • Previous Owner : SALAZAR EUGENIO
  • Previous Owner 2: FAVELA SANTA I
  • Owner Before Previous Owner: BUSTILLOS VICENTA R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alpine School District
  • Census Tract: 001105

Geography

  • Parcel: 37-027-0010
  • Lot: 10
  • Municipality: OREM
  • Latitude: 40.2888
  • Longitude: -111.724

    Address

  • Full Address: 450 S 1160 W
  • Address - House Number: 450
  • Street Segment Direction: W
  • Street Direction: S
  • Address - Street Name: 1160
  • State: UT
  • City Name: Orem
  • Carrier Code: C080
  • 4-Digit Zip Code: 5810
  • Zip Code: 84058

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,730
  • Tax Rate Code Area: 90

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 71
  • Final Value: 469,028
  • High Value: 567,488
  • Low Value: 370,569

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $216,502
  • First Open Lien Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Oct 19, 2016
  • First Open Lien Mortgage Loan Amount: $211,105
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2046
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Jan 29, 2021
  • Second Open Lien Mortgage Loan Amount: $5,397
  • Second Open Lien Mortgage Term: 309
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2046

    Market Valuation

  • Market Total Value: $413,400
  • Market Land Value: $204,100
  • Market Improvement Value: $209,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,370

    Sales

  • Current Sale Contract Date: Oct 17, 2016
  • Current Sale Recording Date: Oct 19, 2016
  • Current Sale Transaction ID: 1964322019
  • Current Sale Price: $263,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 104722:2016
  • Previous Sale Recording Date: May 29, 2014
  • Previous Sale Contract Date: May 28, 2014
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Mortgage Transaction Date: Oct 19, 2016
  • First Mortgage Loan Amount: $211,105
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: May 29, 2014
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2044

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 450 South 1160 West located in?
The 450 South 1160 West is a located in the neighborhood of Sunset Heights in Sunset Heights, Orem.
What is the average sales price for listings in 450 South 1160 West?
The average sales price for units in 450 South 1160 West is $0 currently.

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