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743 East 575 South

743 East 575 South, Orem, UT 84097
Property in Scera Park South
Sold May 17, 2017
$420,000
$336,000 by Central Bank
Mortgage Due Jun 01, 2047
Sold Feb 23, 2005
Transfer
Local assessors in Orem, UT have categorized 743 East 575 South as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 9,627 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 6 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 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 743 East 575 South has a total of 1,946 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 2,008 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 attached garage for those who need a place to park their vehicle. The garage on the property is 801 sqft. There are 3 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. 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 - B-. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 743 East 575 South sold most recently in May 15, 2017 for a total of $420,000. If you work out the math, that's approximately a cost of $215.83 per sqft. 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 $2,705 in taxes each year. 743 East 575 South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $355,465. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2004
  • Effective Year Built: 2004
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B-
  • Construction Type: Masonry
  • 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: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 2,008
  • Garage Type: Attached
  • Garage Square Area: 801
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,627
  • Total Building Area: 1,946
  • Gross Building Area: 4,755
  • Building Area: 1,946
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,946
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VERONA ESTATES
  • Land Acres: 0.221
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 21, PLAT A, VERONA ESTATES SUBDV. AREA 0.221 AC

Ownership

  • Current Owner : PATEL CHANDNI
  • Current Owner 2: PATEL BAUKIMCHANDRA
  • Previous Owner : CONNELLY LYNN GORDON
  • Previous Owner 2: CONNELLY NIELSEN JULIE ANN
  • Owner Before Previous Owner: IVORY HOMES LTD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alpine School District
  • Census Tract: 001002

Geography

  • Parcel: 54-184-0021
  • Lot: 21
  • Municipality: OREM
  • Latitude: 40.2865
  • Longitude: -111.677

    Address

  • Full Address: 743 E 575 S
  • Address - House Number: 743
  • Street Segment Direction: S
  • Street Direction: E
  • Address - Street Name: 575
  • State: UT
  • City Name: Orem
  • Carrier Code: C011
  • 4-Digit Zip Code: 4421
  • Zip Code: 84097

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,705
  • Tax Rate Code Area: 90

    Appraisal Valuation

  • Standard Deviation: 0.202
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 72
  • Final Value: 730,515
  • High Value: 878,125
  • Low Value: 582,905

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $336,000
  • First Open Lien Mortgage Lender: CENTRAL BANK
  • First Open Lien Mortgage Recording Date: May 17, 2017
  • First Open Lien Mortgage Loan Amount: $336,000
  • 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, 2047

    Market Valuation

  • Market Total Value: $646,300
  • Market Land Value: $258,800
  • Market Improvement Value: $387,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $355,465

    Sales

  • Current Sale Contract Date: May 15, 2017
  • Current Sale Recording Date: May 17, 2017
  • Current Sale Transaction ID: 1732257383
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 047620:2017
  • Previous Sale Recording Date: Feb 23, 2005
  • Previous Sale Contract Date: Feb 18, 2005
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTRAL BANK
  • First Mortgage Transaction Date: May 17, 2017
  • First Mortgage Loan Amount: $336,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

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Frequently Asked Questions

What neighborhood is 743 East 575 South located in?
The 743 East 575 South is a located in the neighborhood of Scera Park South in Scera Park South, Orem.
What is the average sales price for listings in 743 East 575 South?
The average sales price for units in 743 East 575 South is $0 currently.

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