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776 South 500 East

776 South 500 East, Orem, UT 84097
Sold Jul 20, 2020
$416,100
$332,880 by United Wholesale Mortgage
Mortgage Due Aug 01, 2050
Sold Apr 11, 2007
$300,000
$240,000 by Amerisave Mortgage Corp
Mortgage Due May 01, 2037
776 South 500 East has been categorized by the local assessors in Orem, UT as a residential type of property. The building on the property was first built in 1989 and is 35 years old. The home has a total of 17 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 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, 776 South 500 East has 2,050 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 1,138 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 8,407 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 attached garage for those who require parking. The garage measured 484 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. 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 masonry. 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. 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, 776 South 500 East was last sold in Jul 20, 2020 for $416,100. According to our calculations, that's $202.98 per sqft. Prior to that sales transaction, the property was sold for $300,000 in Apr 10, 2007. Current property owners are expected to pay $2,163 in taxes per year. The property on 776 South 500 East was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $284,240. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. 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.

Building Features

Exterior

Aluminum Siding
Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 17
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: A-frame
  • Exterior Walls Type: Masonry
  • 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: 1,138
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,407
  • Total Building Area: 2,050
  • Gross Building Area: 3,672
  • Building Area: 2,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,050
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINCOLN GARDENS
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2, PLAT H, LINCOLN GARDENS SUB AREA 0.193 AC

Ownership

  • Current Owner : NYSTROM SUZANNE
  • Previous Owner : HERBERT TOM
  • Previous Owner 2: HERBERT KARINA
  • Owner Before Previous Owner: STONE EMILY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Parcel: 45-117-0002
  • Lot: 2
  • Municipality: OREM
  • Latitude: 40.2828
  • Longitude: -111.684

    Address

  • Full Address: 776 S 500 E
  • Address - House Number: 776
  • Street Segment Direction: E
  • Street Direction: S
  • Address - Street Name: 500
  • State: UT
  • City Name: Orem
  • Carrier Code: C011
  • 4-Digit Zip Code: 6360
  • Zip Code: 84097

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,163
  • Tax Rate Code Area: 90

    Appraisal Valuation

  • Standard Deviation: 0.1715
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 78
  • Final Value: 582,126
  • High Value: 681,987
  • Low Value: 482,265

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,880
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 20, 2020
  • First Open Lien Mortgage Loan Amount: $332,880
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $516,800
  • Market Land Value: $171,400
  • Market Improvement Value: $345,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $284,240

    Sales

  • Current Sale Contract Date: Jul 20, 2020
  • Current Sale Recording Date: Jul 20, 2020
  • Current Sale Transaction ID: 11785589698
  • Current Sale Price: $416,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 103642:2020
  • Previous Sale Recording Date: Apr 11, 2007
  • Previous Sale Contract Date: Apr 10, 2007
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jul 20, 2020
  • First Mortgage Loan Amount: $332,880
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMERISAVE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 11, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2037

About Scera Park South



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$2,475 /mo

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244 Inglewood Dr, Orem, UT, 84097 Listing by Cameron Wilson

Frequently Asked Questions

What neighborhood is 776 South 500 East located in?
The 776 South 500 East is a house located in the neighborhood of Scera Park South in Scera Park South, Orem.
What is the average sales price for listings in 776 South 500 East?
The average sales price for units in 776 South 500 East is $0 currently.

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