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48 East 1340 North

48 East 1340 North, Orem, UT 84057
Property in Windsor North
Sold Oct 13, 2020
$480,700
Sold Mar 09, 2018
$347,500
$355,000 by Veritas Funding Llc
Mortgage Due Apr 01, 2048
48 East 1340 North has been categorized by the local assessors in Orem, UT as a residential type of property. The building on the property was first built in 1987 and is 37 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 48 East 1340 North has 2,532 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 892 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 7,841 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. For the features and amenities located on the property. There is a built-in garage for those who require parking. The garage measured 462 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open 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 shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. 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. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 48 East 1340 North was last sold in Oct 13, 2020 for $480,700. According to our calculations, that's $189.85 per sqft. Prior to that sales transaction, the property was sold for $347,500 in Mar 6, 2018. Current property owners are expected to pay $2,341 in taxes per year. The property on 48 East 1340 North was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $316,745. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • 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: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 892
  • Garage Type: Built-in
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,532
  • Gross Building Area: 3,886
  • Building Area: 2,532
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,532
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMERWOOD
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 11, PLAT A, SUMMERWOOD

Ownership

  • Current Owner : SHIELDS JONATHAN
  • Current Owner 2: SHIELDS MISTY
  • Previous Owner : SHIELDS JONATHAN
  • Owner Before Previous Owner: STUART STEPHAN
  • Owner Before Previous Owner 2: STUART STEPHANIE

Neighborhood

  • School District Name: Alpine School District
  • Census Tract: 000709

Geography

  • Parcel: 52-269-0011
  • Lot: 11
  • Municipality: OREM
  • Latitude: 40.3218
  • Longitude: -111.695

    Address

  • Full Address: 48 E 1340 N
  • Address - House Number: 48
  • Street Segment Direction: N
  • Street Direction: E
  • Address - Street Name: 1340
  • State: UT
  • City Name: Orem
  • Carrier Code: C037
  • 4-Digit Zip Code: 6202
  • Zip Code: 84057

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,341
  • Tax Rate Code Area: 90

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 77
  • Final Value: 593,041
  • High Value: 698,451
  • Low Value: 487,632

    Market Valuation

  • Market Total Value: $575,900
  • Market Land Value: $239,200
  • Market Improvement Value: $336,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,745

    Sales

  • Current Sale Contract Date: Oct 13, 2020
  • Current Sale Recording Date: Oct 13, 2020
  • Current Sale Transaction ID: 11801842225
  • Current Sale Price: $480,700
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 159638:2020
  • Previous Sale Recording Date: Mar 09, 2018
  • Previous Sale Contract Date: Mar 06, 2018
  • Previous Sale Amount: $347,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Oct 13, 2020
  • First Mortgage Loan Amount: $384,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: VERITAS FUNDING LLC
  • Previous Mortgage Transaction Date: Mar 09, 2018
  • Previous Mortgage Loan Amount: $355,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Apr 01, 2048

About Windsor North



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Frequently Asked Questions

What neighborhood is 48 East 1340 North located in?
The 48 East 1340 North is a located in the neighborhood of Windsor North in Windsor North, Orem.
What is the average sales price for listings in 48 East 1340 North?
The average sales price for units in 48 East 1340 North is $0 currently.

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