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765 South 240 East

765 South 240 East, Salem, UT 84653
Property in Utah
Sold Jun 18, 2021
$382,500
$306,000 by Axia Financial Llc
Mortgage Due Jul 01, 2051
765 South 240 East has been categorized by the local assessors in Salem, UT as a residential type of property. The building on the property was first built in 1975 and is 49 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 765 South 240 East has 1,174 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 600 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 10,454 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a a-frame 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 built-in garage for those who require parking. The garage measured 500 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 765 South 240 East sold most recently in Jun 17, 2021 for a total of $382,500. If you work out the math, that's approximately a cost of $325.81 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 $2,103 in taxes each year. 765 South 240 East was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $213,675. 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: 1975
  • Effective Year Built: 1975
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Masonry
  • 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: 600
  • Garage Type: Built-in
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,174
  • Gross Building Area: 2,274
  • Building Area: 1,174
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,174
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DREAM VIEW
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8, PLAT D, DREAM VIEW SUB

Ownership

  • Current Owner : HANSEN KELSEY ANN
  • Current Owner 2: HANSEN LINDSEY MCCALL
  • Previous Owner : STRONG JUANITA S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Nebo School District
  • Census Tract: 010408

Geography

  • Parcel: 37-025-0008
  • Lot: 8
  • Municipality: SALEM
  • Latitude: 40.0427
  • Longitude: -111.669

    Address

  • Full Address: 765 S 240 E
  • Address - House Number: 765
  • Street Segment Direction: E
  • Street Direction: S
  • Address - Street Name: 240
  • State: UT
  • City Name: Salem
  • Carrier Code: R093
  • 4-Digit Zip Code: 9522
  • Zip Code: 84653

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,103
  • Tax Rate Code Area: 180

    Appraisal Valuation

  • Standard Deviation: 0.2125
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 71
  • Final Value: 451,851
  • High Value: 547,886
  • Low Value: 355,816

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $306,000
  • First Open Lien Mortgage Lender: AXIA FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jun 18, 2021
  • First Open Lien Mortgage Loan Amount: $306,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $388,500
  • Market Land Value: $166,600
  • Market Improvement Value: $221,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,675

    Sales

  • Current Sale Contract Date: Jun 17, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Transaction ID: 11845934924
  • Current Sale Price: $382,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 110375:2021

    Last Sale Mortgage

  • First Mortgage Lender: AXIA FINANCIAL LLC
  • First Mortgage Transaction Date: Jun 18, 2021
  • First Mortgage Loan Amount: $306,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 765 South 240 East located in?
The 765 South 240 East is a located in the neighborhood of Utah in Salem, Salem.
What is the average sales price for listings in 765 South 240 East?
The average sales price for units in 765 South 240 East is $0 currently.

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