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5462 North Chestnut Street

5462 North Chestnut Street, Lehi, UT 84043
Property in Utah
Sold Apr 13, 2022
$620,000
$496,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2052
Sold Nov 18, 2019
$325,900
$321,530 by Finance Of America Mortgage Ll
Mortgage Due Dec 01, 2049
Local assessors in Lehi, UT have categorized 5462 North Chestnut Street as a residential type of property. The home was built in 2014 and is 10 years old. The property's lot size has been calculated to be 5,576 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a a-frame style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5462 North Chestnut Street has a total of 1,714 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 742 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a built-in garage for those who need a place to park their vehicle. The garage on the property is 506 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof that was made of shingle (not wood). Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 5462 North Chestnut Street was last sold in Apr 9, 2022 for $620,000. According to our calculations, that's $361.73 per sqft. Prior to that sales transaction, the property was sold for $325,900 in Nov 13, 2019. Current property owners are expected to pay $2,328 in taxes per year. The property on 5462 North Chestnut Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $295,790. 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: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: A-frame
  • Exterior Walls Type: Stucco
  • 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: 742
  • Garage Type: Built-in
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,576
  • Total Building Area: 1,714
  • Gross Building Area: 2,962
  • Building Area: 1,714
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,714
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WINTER HAVEN PHASE 2
  • Land Acres: 0.128
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 267, WINTER HAVEN PHASE 2 SUBDV. AREA 0.128 AC

Ownership

  • Current Owner : JAMES RYAN
  • Current Owner 2: CLARK KRISTIN
  • Previous Owner : GARNER THOMAS R
  • Previous Owner 2: GARNER CAMMI R
  • Owner Before Previous Owner: GARNER CAMMI R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Alpine School District
  • Census Tract: 010212

Geography

  • Subdivision Phase Number: 2
  • Parcel: 55-630-0267
  • Lot: 267
  • Municipality: LEHI
  • Latitude: 40.455
  • Longitude: -111.895

    Address

  • Full Address: 5462 N Chestnut St
  • Address - House Number: 5462
  • Street Direction: N
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: UT
  • City Name: Lehi
  • Carrier Code: R011
  • 4-Digit Zip Code: 8605
  • Zip Code: 84043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,328
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.2328
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 67
  • Final Value: 612,012
  • High Value: 754,539
  • Low Value: 469,486

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $496,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 13, 2022
  • First Open Lien Mortgage Loan Amount: $496,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $537,800
  • Market Land Value: $185,300
  • Market Improvement Value: $352,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,790

    Sales

  • Current Sale Contract Date: Apr 09, 2022
  • Current Sale Recording Date: Apr 13, 2022
  • Current Sale Transaction ID: 11888339910
  • Current Sale Price: $620,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 45919
  • Previous Sale Recording Date: Nov 18, 2019
  • Previous Sale Contract Date: Nov 13, 2019
  • Previous Sale Amount: $325,900
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 13, 2022
  • First Mortgage Loan Amount: $496,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • Previous Mortgage Transaction Date: Nov 18, 2019
  • Previous Mortgage Loan Amount: $321,530
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2049

About Lehi



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Frequently Asked Questions

What neighborhood is 5462 North Chestnut Street located in?
The 5462 North Chestnut Street is a located in the neighborhood of Utah in Lehi, Lehi.
What is the average sales price for listings in 5462 North Chestnut Street?
The average sales price for units in 5462 North Chestnut Street is $0 currently.

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