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723 North 500 West

723 North 500 West, American Fork, UT 84003
Property in Utah
Sold May 02, 2022
$633,080
$476,000 by Rocky Mountain Bank
Mortgage Due Jun 01, 2052
Sold Nov 20, 2018
$333,800
$267,000 by Bank Of American Fork
Mortgage Due Dec 01, 2048
723 North 500 West in American Fork, UT was first built in 1992 and is 32 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a a-frame style. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 723 North 500 West has 1,169 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,153 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 10,629 square feet.

Learn more about the property and building on this page. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of shingle (not wood). For those who need parking, there is a attached garage. The garage is 440 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. 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, 723 North 500 West sold most recently in Apr 29, 2022 for a total of $633,080. If you work out the math, that's approximately a cost of $541.56 per sqft. Before that, the property was also sold for $333,800 in Nov 9, 2018. 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 $2,158 in taxes each year. 723 North 500 West was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $254,155. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

  • Year Built: 1992
  • Effective Year Built: 1992
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,153
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,629
  • Total Building Area: 1,169
  • Gross Building Area: 2,762
  • Building Area: 1,169
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,169
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORCHARD HILLS ACRES
  • Land Acres: 0.244
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 11, PLAT A, ORCHARD HILLS ACRES SUB AREA 0.244 AC

Ownership

  • Current Owner : MONROE SPENCER
  • Current Owner 2: MONROE MCKELLE
  • Previous Owner : LING WALTER V
  • Previous Owner 2: LING CARRIE
  • Owner Before Previous Owner: LING WALTER V
  • Owner Before Previous Owner 2: LING CARRIE C
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Alpine School District
  • Census Tract: 000206

Geography

  • Parcel: 48-112-0011
  • Lot: 11
  • Municipality: AMERICAN FORK
  • Latitude: 40.3912
  • Longitude: -111.811

    Address

  • Full Address: 723 N 500 W
  • Address - House Number: 723
  • Street Segment Direction: W
  • Street Direction: N
  • Address - Street Name: 500
  • State: UT
  • City Name: American Fork
  • Carrier Code: C001
  • 4-Digit Zip Code: 1197
  • Zip Code: 84003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,158
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1944
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 74
  • Final Value: 566,797
  • High Value: 677,019
  • Low Value: 456,575

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $476,000
  • First Open Lien Mortgage Lender: ROCKY MOUNTAIN BANK
  • First Open Lien Mortgage Recording Date: May 02, 2022
  • First Open Lien Mortgage Loan Amount: $476,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $462,100
  • Market Land Value: $217,900
  • Market Improvement Value: $244,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,155

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Transaction ID: 11889295505
  • Current Sale Price: $633,080
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 54209
  • Previous Sale Recording Date: Nov 20, 2018
  • Previous Sale Contract Date: Nov 09, 2018
  • Previous Sale Amount: $333,800
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: ROCKY MOUNTAIN BANK
  • First Mortgage Transaction Date: May 02, 2022
  • First Mortgage Loan Amount: $476,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICAN FORK
  • Previous Mortgage Transaction Date: Nov 20, 2018
  • Previous Mortgage Loan Amount: $267,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2048

About American Fork



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Unit for rent at 954 W 350, American Fork, UT, 84003

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954 W 350, American Fork, UT, 84003 Listing by Adam Larson

Frequently Asked Questions

What neighborhood is 723 North 500 West located in?
The 723 North 500 West is a located in the neighborhood of Utah in American Fork, American Fork.
What is the average sales price for listings in 723 North 500 West?
The average sales price for units in 723 North 500 West is $0 currently.

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