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4601 North 2525 West

4601 North 2525 West, Cedar City, UT 84721
Property in Iron
Sold May 19, 2020
$258,300
$684,000 by Federal Housing Commissioner
Mortgage Due Feb 23, 2101
Sold Jul 12, 2019
$150,000
$120,000 by Bjrb Holdings Llc
Mortgage
Local assessors in Cedar City, UT have categorized 4601 North 2525 West as a residential type of property. The property's lot size has been calculated to be 21,824 square feet.

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. 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, 4601 North 2525 West sold most recently in May 19, 2020 for a total of $258,300. Before that, the property was also sold for $150,000 in Jul 8, 2019. 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 $1,523 in taxes each year. 4601 North 2525 West was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $170,285. If we break it down further, the land itself was valued at $38,660. Improvements to the property, however, were assessed at a total of $131,625. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,824
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PEAK VIEW SUBDIVISION PHASE III
  • Land Acres: 0.501
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 16, PEAK VIEW SUBDIVISION PHASE III.

Ownership

  • Current Owner : RUSSO JOSEPH
  • Current Owner 2: RUSSO LINDA SUE
  • Previous Owner : WILLIAMS DEVELOPMENT LLC
  • Owner Before Previous Owner: BJRB HOLDINGS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Iron School District
  • Census Tract: 110704

Geography

  • Account Number: 0495590
  • District: 10
  • Subdivision Phase Number: 1
  • Parcel: D-0460-0016-0000
  • Lot: 16
  • Municipality: COUNTY WCD
  • Latitude: 37.7614
  • Longitude: -113.098

    Address

  • Full Address: 4601 N 2525 W
  • Address - House Number: 4601
  • Street Segment Direction: W
  • Street Direction: N
  • Address - Street Name: 2525
  • State: UT
  • City Name: Cedar City
  • Carrier Code: R010
  • 4-Digit Zip Code: 8449
  • Zip Code: 84721

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,523
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.2568
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 63
  • Final Value: 451,030
  • High Value: 566,890
  • Low Value: 335,170

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,368,000
  • First Open Lien Mortgage Lender: FEDERAL HOUSING COMMISSIONER
  • First Open Lien Mortgage Recording Date: Jan 25, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $684,000
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Feb 23, 2101
  • Second Open Lien Mortgage Lender: HIGHTECHLENDING INC
  • Second Open Lien Mortgage Recording Date: Jan 25, 2022
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $684,000
  • Second Open Lien Mortgage Term: 999
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • Second Open Lien Mortgage Loan Due Date: Feb 23, 2101

    Market Valuation

  • Market Total Value: $309,611
  • Market Land Value: $70,290
  • Market Improvement Value: $239,321

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $170,285
  • Assessed Land Value: $38,660
  • Assessed Improvements Value: $131,625

    Sales

  • Current Sale Contract Date: May 19, 2020
  • Current Sale Recording Date: May 19, 2020
  • Current Sale Transaction ID: 11772777089
  • Current Sale Price: $258,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 744811
  • Previous Sale Recording Date: Jul 12, 2019
  • Previous Sale Contract Date: Jul 08, 2019
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCE CO
  • First Mortgage Transaction Date: May 19, 2020
  • First Mortgage Loan Amount: $263,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BJRB HOLDINGS LLC
  • Previous Mortgage Transaction Date: Jul 12, 2019
  • Previous Mortgage Loan Amount: $120,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Iron



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Frequently Asked Questions

What neighborhood is 4601 North 2525 West located in?
The 4601 North 2525 West is a located in the neighborhood of Iron in Iron, Cedar City.
What is the average sales price for listings in 4601 North 2525 West?
The average sales price for units in 4601 North 2525 West is $0 currently.

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