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514 East 550 South

514 East 550 South, Santaquin, UT 84655
Property in Utah
Sold May 20, 2005
$142,500
$114,000 by World Savings Bank Fsb
Mortgage Due Jun 06, 2035
Sold May 01, 1998
$146,900
$117,500 by Mortgage Company
Mortgage Due May 01, 2028
514 East 550 South has been categorized by the local assessors in Santaquin, UT as a residential type of property. The building on the property was first built in 1998 and is 26 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 514 East 550 South has 920 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 920 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 9,888 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 attached garage for those who require parking. The garage measured 400 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. 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 air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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, 514 East 550 South was last sold in May 18, 2004 for $142,500. According to our calculations, that's $154.89 per sqft. Prior to that sales transaction, the property was sold for $146,900 in Apr 20, 1998. Current property owners are expected to pay $2,219 in taxes per year. The property on 514 East 550 South was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $221,650. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1998
  • Effective Year Built: 1998
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Masonry
  • 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: 920
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,888
  • Total Building Area: 920
  • Gross Building Area: 2,240
  • Building Area: 920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 920
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAST BENCH
  • Land Acres: 0.227
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6, PLAT A, EAST BENCH ESTATES SUBDV. AREA 0.227 AC

Ownership

  • Current Owner : GAMMON ERIC R
  • Current Owner 2: GAMMON NICOLE
  • Previous Owner : TAYLOR RYAN
  • Previous Owner 2: TAYLOR ALISA
  • Owner Before Previous Owner: BASTIAN HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Nebo School District
  • Census Tract: 010409

Geography

  • Parcel: 38-248-0006
  • Lot: 6
  • Municipality: SANTAQUIN
  • Latitude: 39.9666
  • Longitude: -111.775

    Address

  • Full Address: 514 E 550 S
  • Address - House Number: 514
  • Street Segment Direction: S
  • Street Direction: E
  • Address - Street Name: 550
  • State: UT
  • City Name: Santaquin
  • Carrier Code: R003
  • 4-Digit Zip Code: 8234
  • Zip Code: 84655

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,219
  • Tax Rate Code Area: 190

    Appraisal Valuation

  • Standard Deviation: 0.2103
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 71
  • Final Value: 461,848
  • High Value: 559,012
  • Low Value: 364,684

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $135,375
  • First Open Lien Mortgage Lender: WORLD SAVINGS BANK FSB
  • First Open Lien Mortgage Recording Date: May 20, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $114,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone First
  • First Open Lien Mortgage Loan Due Date: Jun 06, 2035
  • Second Open Lien Mortgage Lender: MOUNTAIN HIGH COMMUNITY CU
  • Second Open Lien Mortgage Recording Date: May 20, 2005
  • Second Open Lien Mortgage Loan Amount: $21,375
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Jun 06, 2035

    Market Valuation

  • Market Total Value: $403,000
  • Market Land Value: $152,500
  • Market Improvement Value: $250,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,650

    Sales

  • Current Sale Contract Date: May 18, 2004
  • Current Sale Recording Date: May 20, 2005
  • Current Sale Transaction ID: 1001833279
  • Current Sale Price: $142,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0054412
  • Previous Sale Recording Date: May 01, 1998
  • Previous Sale Contract Date: Apr 20, 1998
  • Previous Sale Amount: $146,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WORLD SAVINGS BANK FSB
  • First Mortgage Transaction Date: May 20, 2005
  • First Mortgage Loan Amount: $114,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone First
  • First Mortgage Loan Due Date: Jun 06, 2035
  • Second Mortgage Lender: MOUNTAIN HIGH COMMUNITY CU
  • Second Mortgage Transaction Date: May 20, 2005
  • Second Mortgage Loan Amount: $21,375
  • Second Mortgage Terms: 120
  • Second Mortgage Loan Type: Unknown (DEFAULT)
  • Second Mortgage Loan Due Date: Jun 01, 2015

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE COMPANY
  • Previous Mortgage Transaction Date: May 01, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $117,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2028

About Santaquin



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Frequently Asked Questions

What neighborhood is 514 East 550 South located in?
The 514 East 550 South is a located in the neighborhood of Utah in Santaquin, Santaquin.
What is the average sales price for listings in 514 East 550 South?
The average sales price for units in 514 East 550 South is $0 currently.

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