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7541 South Teramo Court

7541 South Teramo Court, Midvale, UT 84047
Property in Salt Lake
Sold May 04, 2021
$243,800
$295,000 by Mountain America Fcu
Mortgage Due Aug 01, 2038
Sold Feb 24, 2012
$197,600
$194,930 by Republic Mortgage Home Loans L
Mortgage Due Mar 01, 2042
7541 South Teramo Court in Midvale, UT was first built in 2011 and is 13 years old. Although, the building on the property was most recently renovated and altered in 2016. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 13 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7541 South Teramo Court has 2,168 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. In total, the area measurement of the land is 871 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 462 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 excellent. The exterior walls of the home are made of stucco. 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 central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7541 South Teramo Court was last sold in Apr 29, 2021 for $243,800. According to our calculations, that's $77.79 per sqft. Prior to that sales transaction, the property was sold for $197,600 in Feb 23, 2012. Current property owners are expected to pay $2,728 in taxes per year. The property on 7541 South Teramo Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $462,000. To break that down further, the land itself was valued at $39,700. While improvements to the property were assessed at a total of $422,300. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2011
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Quality: C
  • Building Style: Townhouse
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 504
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 871
  • Total Building Area: 3,134
  • Gross Building Area: 3,184
  • Building Area: 2,168
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,168
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CENTRAL 72 TOWNHOMES AT BINGHAM JUNCTION
  • Land Acres: 0.02
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: LOT 153, CENTRAL 72 TOWNHOMES AT BINGHAM JUNCTION PH 1 9885-8822 9898-6785 9993-9821 09993-9822

Ownership

  • Current Owner : ORTIZ PAUL
  • Current Owner 2: JENSEN CLAYTON
  • Previous Owner : JENSEN CLAYTON
  • Previous Owner 2: ORTIZ PAUL
  • Owner Before Previous Owner: CENTRAL 72 LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Canyons School District
  • Census Tract: 112405

Zoning

  • Zoning: 5801

Geography

  • Assessors Map Reference: 21-26-426
  • Parcel: 21-26-426-072-0000
  • Lot: 153
  • Meridian: SEC 26 TWN 3S RNG 1W
  • Municipality: MIDVALE
  • Latitude: 40.6137
  • Longitude: -111.913

    Address

  • Full Address: 7541 S Teramo Ct
  • Address - House Number: 7541
  • Street Direction: S
  • Address - Street Name: Teramo
  • Address - Suffix Type: Ct
  • State: UT
  • City Name: Midvale
  • Carrier Code: C001
  • 4-Digit Zip Code: 4797
  • Zip Code: 84047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,728
  • Tax Rate Code Area: 30K

    Appraisal Valuation

  • Standard Deviation: 0.2411
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 577,115
  • High Value: 716,283
  • Low Value: 437,947

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $295,000
  • First Open Lien Mortgage Lender: MOUNTAIN AMERICA FCU
  • First Open Lien Mortgage Recording Date: Jul 25, 2023
  • First Open Lien Mortgage Loan Amount: $295,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2038

    Market Valuation

  • Market Total Value: $462,000
  • Market Land Value: $39,700
  • Market Improvement Value: $422,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $462,000
  • Assessed Land Value: $39,700
  • Assessed Improvements Value: $422,300

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: May 04, 2021
  • Current Sale Transaction ID: 11834529488
  • Current Sale Price: $243,800
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 13652805
  • Previous Sale Recording Date: Feb 24, 2012
  • Previous Sale Contract Date: Feb 23, 2012
  • Previous Sale Amount: $197,600
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOUNTAIN AMERICA FCU
  • First Mortgage Transaction Date: May 04, 2021
  • First Mortgage Loan Amount: $195,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: REPUBLIC MORTGAGE HOME LOANS L
  • Previous Mortgage Transaction Date: Feb 24, 2012
  • Previous Mortgage Loan Amount: $194,930
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2042

About Midvale



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7541 South Teramo Court located in?
The 7541 South Teramo Court is a located in the neighborhood of Salt Lake in Midvale, Midvale.
What is the average sales price for listings in 7541 South Teramo Court?
The average sales price for units in 7541 South Teramo Court is $0 currently.

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