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862 Milestone Drive

862 Milestone Drive, Smithfield, UT 84335
Property in Cache
Sold Feb 08, 2024
$2,660,000
$2,000,000 by Cache Valley Bank
Mortgage Due Feb 08, 2054
Sold Oct 29, 2021
$187,500
$150,000 by Cache Valley Bank
Mortgage
862 Milestone Drive has been categorized by the local assessors in Smithfield, UT as a residential type of property. The building on the property was first built in 1999 and is 25 years old. In addition, 862 Milestone Drive has 3,817 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 25,700 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 862 Milestone Drive was last sold in Feb 8, 2024 for $2,660,000. According to our calculations, that's $696.88 per sqft. Prior to that sales transaction, the property was sold for $187,500 in Oct 29, 2021. Current property owners are expected to pay $5,084 in taxes per year. The property on 862 Milestone Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $603,845. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 3,817
  • Building Area: 3,817
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,817
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILESTONE ESTATES PHASE 4
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 20 MILESTONE ESTATES PHASE 4 CONT 0.59 AC

Ownership

  • Current Owner : KING TAMMY COY
  • Previous Owner : TAMMY COY KING REVOCABLE TRUST
  • Owner Before Previous Owner: KING TAMMY C
  • Owner Before Previous Owner 2: TAMMY COY KING REVOCABLE TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cache School District
  • School Tax School District: SMITHFIELD CTY
  • Census Tract: 000202

Geography

  • Subdivision Phase Number: 4
  • Parcel: 08-160-0020
  • Lot: 20
  • Municipality: SMITHFIELD CITY
  • Latitude: 41.8387
  • Longitude: -111.809

    Address

  • Full Address: 862 Milestone Dr
  • Address - House Number: 862
  • Address - Street Name: Milestone
  • Address - Suffix Type: Dr
  • State: UT
  • City Name: Smithfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 2523
  • Zip Code: 84335

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,084
  • Tax Rate Code Area: 15

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: CACHE VALLEY BANK
  • First Open Lien Mortgage Recording Date: Feb 08, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • 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: Feb 08, 2054

    Market Valuation

  • Market Total Value: $1,097,900
  • Market Land Value: $99,500
  • Market Improvement Value: $998,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $603,845

    Sales

  • Current Sale Contract Date: Feb 08, 2024
  • Current Sale Recording Date: Feb 08, 2024
  • Current Sale Transaction ID: 11921228056
  • Current Sale Price: $2,660,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1353089
  • Previous Sale Recording Date: Oct 29, 2021
  • Previous Sale Contract Date: Oct 29, 2021
  • Previous Sale Amount: $187,500
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: CACHE VALLEY BANK
  • First Mortgage Transaction Date: Feb 08, 2024
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CACHE VALLEY BANK
  • Previous Mortgage Transaction Date: Oct 29, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Smithfield



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Frequently Asked Questions

What neighborhood is 862 Milestone Drive located in?
The 862 Milestone Drive is a located in the neighborhood of Cache in Smithfield, Smithfield.
What is the average sales price for listings in 862 Milestone Drive?
The average sales price for units in 862 Milestone Drive is $0 currently.

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