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7465 South 700 East

7465 South 700 East, Midvale, UT 84047
Property in Salt Lake
Sold Jun 30, 2020
$187,500
$150,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2050
Sold Jan 07, 2008
$331,900
$265,500 by Everbank Reverse Mortgage Llc
Mortgage
7465 South 700 East has been categorized by the local assessors in Midvale, UT as a residential type of property. The building on the property was first built in 1983 and is 41 years old. However, we must point out that the home was most recently renovated and altered in 1995. The home has a total of 8 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. The building has a total of 2 stories. In addition, 7465 South 700 East has 1,237 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 436 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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 garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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 D by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with coal. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 7465 South 700 East was last sold in Jun 30, 2020 for $187,500. According to our calculations, that's $151.58 per sqft. Prior to that sales transaction, the property was sold for $331,900 in Nov 1, 2007. Current property owners are expected to pay $2,367 in taxes per year. The property on 7465 South 700 East was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $385,000. To break that down further, the land itself was valued at $115,500. While improvements to the property were assessed at a total of $269,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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: 1983
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Condo
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 436
  • Total Building Area: 1,237
  • Gross Building Area: 1,237
  • Building Area: 1,237
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,237
  • Heating Fuel Type: Coal

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CASCADE TWIN HOMES
  • Land Acres: 0.01
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 2, CASCADE TWIN HOMES. 16.666% INT. 5636-1230 5668-29645668-2966 6042-2816 6096-0016 7005-0886 7106-0312 7568-1297 573-0097 7881-1679 8035-1618 8781-2369,2386 8864-0133 8864-0135,0156 8950-8759 8952-2462 9089-8606 9094-6365 9272-6334 9272-7702 9

Ownership

  • Current Owner : NIELSON HESTON
  • Previous Owner : COX TRUDY B
  • Owner Before Previous Owner: COX SAMUEL E
  • Owner Before Previous Owner 2: COX TRUDY B

Neighborhood

  • School District Name: Canyons School District
  • Census Tract: 112505

Zoning

  • Zoning: R-M

Geography

  • Assessors Map Reference: 22-29-309
  • Parcel: 22-29-309-003-0000
  • Lot: 2
  • Meridian: SEC 29 TWN 3S RNG 1E
  • Municipality: MIDVALE
  • Latitude: 40.6156
  • Longitude: -111.872

    Address

  • Full Address: 7465 S 700 E
  • Legal Unit: 2
  • Address - House Number: 7465
  • Street Segment Direction: E
  • Street Direction: S
  • Address - Street Name: 700
  • State: UT
  • City Name: Midvale
  • Carrier Code: C016
  • 4-Digit Zip Code: 2318
  • Zip Code: 84047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,367
  • Tax Rate Code Area: 30A

    Appraisal Valuation

  • Standard Deviation: 0.1968
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 433,319
  • High Value: 518,616
  • Low Value: 348,023

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 30, 2020
  • First Open Lien Mortgage Loan Amount: $150,000
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $385,000
  • Market Land Value: $115,500
  • Market Improvement Value: $269,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $385,000
  • Assessed Land Value: $115,500
  • Assessed Improvements Value: $269,500

    Sales

  • Current Sale Contract Date: Jun 30, 2020
  • Current Sale Recording Date: Jun 30, 2020
  • Current Sale Transaction ID: 11772857977
  • Current Sale Price: $187,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13314601
  • Previous Sale Recording Date: Jan 07, 2008
  • Previous Sale Contract Date: Nov 01, 2007
  • Previous Sale Amount: $331,900
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 30, 2020
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: EVERBANK REVERSE MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jan 07, 2008
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $265,500
  • Previous Mortgage Term: 999
  • Previous Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

About Midvale



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Frequently Asked Questions

What neighborhood is 7465 South 700 East located in?
The 7465 South 700 East is a located in the neighborhood of Salt Lake in Midvale, Midvale.
What is the average sales price for listings in 7465 South 700 East?
The average sales price for units in 7465 South 700 East is $0 currently.

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