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4685 North Millrace Road

4685 North Millrace Road, Oakley, UT 84055
Property in Summit
4685 North Millrace Road has been categorized by the local assessors in Oakley, UT as a agricultural type of property. The building on the property was first built in 1917 and is 107 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 3 stories. In addition, 4685 North Millrace Road has 1,756 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 partial basement that is 375 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 92,783 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $262,500 in May 18, 2020. Current property owners are expected to pay $3,149 in taxes per year. The property on 4685 North Millrace Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $532,523. To break that down further, the land itself was valued at $258,900. While improvements to the property were assessed at a total of $273,623. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 3
  • Basement Type: Partial basement
  • Basement Area: 375
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 92,783
  • Total Building Area: 2,368
  • Gross Building Area: 2,368
  • Building Area: 2,368
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,756
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Agricultural
  • Subdivision: OAKLEY TOWN
  • Land Acres: 2.13
  • Standard Land Use Code: Agricultural/rural
  • Legal Description 1: BEG 2 RODS S OF NE COR SEC 30 T1SR6E SLBM; TH W 11 RODS; S 31 RODS; E 11 RODS N 31 RODS TO BEG CONT 2.13 AC RWD-612916-324 1249-221 1252-629-630 1477-1618 2283-1004 2288-1267 2308-124 2572-337 2767-774

Ownership

  • Current Owner : HOYTS VIEW ESTATES LLC
  • Previous Owner : SMITH DANIEL R
  • Previous Owner 2: SMITH CHANDLER
  • Owner Before Previous Owner: SMITH DANIEL R
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: South Summit School District
  • Census Tract: 964202

Geography

  • Account Number: 0013999
  • District: 05
  • Parcel: OT-117
  • Meridian: SEC 30 TWN 01S RNG 06E
  • Municipality: OAKLEY A,B,C,U
  • Latitude: 40.7125
  • Longitude: -111.301

    Address

  • Full Address: 4685 N Millrace Rd
  • Address - House Number: 4685
  • Street Direction: N
  • Address - Street Name: Millrace
  • Address - Suffix Type: Rd
  • State: UT
  • City Name: Oakley
  • Carrier Code: R777
  • 4-Digit Zip Code: 7728
  • Zip Code: 84055

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,149
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.2722
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 679,332
  • High Value: 864,259
  • Low Value: 494,405

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $543,400
  • First Open Lien Mortgage Lender: FUNDLOANS CAPITAL
  • First Open Lien Mortgage Recording Date: Oct 02, 2023
  • First Open Lien Mortgage Loan Amount: $543,400
  • 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: Oct 01, 2053

    Market Valuation

  • Market Total Value: $532,523
  • Market Land Value: $258,900
  • Market Improvement Value: $273,623

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $532,523
  • Assessed Land Value: $258,900
  • Assessed Improvements Value: $273,623

    Sales

  • Current Sale Contract Date: Dec 20, 2022
  • Current Sale Recording Date: Dec 20, 2022
  • Current Sale Transaction ID: 11900128600
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1198987
  • Previous Sale Recording Date: May 22, 2020
  • Previous Sale Contract Date: May 18, 2020
  • Previous Sale Amount: $262,500
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Previous Mortgages

  • Previous Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • Previous Mortgage Transaction Date: May 22, 2020
  • Previous Mortgage Loan Amount: $210,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2050

About Oakley



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Frequently Asked Questions

What neighborhood is 4685 North Millrace Road located in?
The 4685 North Millrace Road is a located in the neighborhood of Summit in Oakley, Oakley.
What is the average sales price for listings in 4685 North Millrace Road?
The average sales price for units in 4685 North Millrace Road is $0 currently.

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