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863 West 260 South

863 West 260 South, Orem, UT 84058
Property in Orem North
Sold Sep 29, 1997
$212,500
$170,000 by Bank Of American Fork
Mortgage Due Oct 01, 2027
863 West 260 South 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 1993 and is 31 years old. The home has a total of 13 rooms. 5 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, 863 West 260 South has 2,011 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 2,299 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 9,191 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 525 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a 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 B- 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Sep 26, 1997 for $212,500. That's $105.67 per sqft. 863 West 260 South was last assessed in 2023. The total value of the property was assessed at $368,280. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $847. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B-
  • Construction Type: Masonry
  • 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: 2,299
  • Garage Type: Attached
  • Garage Square Area: 525
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 9,191
  • Total Building Area: 2,011
  • Gross Building Area: 4,835
  • Building Area: 2,011
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,011
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGE
  • Land Acres: 0.211
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7, PLAT C, RIDGE CREST SUBDV. AREA 0.211 AC

Ownership

  • Current Owner : WISE BART C
  • Current Owner 2: WISE DANA H
  • Previous Owner : CAIN MICHAEL W
  • Previous Owner 2: CAIN JAN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Alpine School District
  • Census Tract: 001106

Geography

  • Parcel: 51-203-0007
  • Lot: 7
  • Municipality: OREM
  • Latitude: 40.2924
  • Longitude: -111.716

    Address

  • Full Address: 863 W 260 S
  • Address - House Number: 863
  • Street Segment Direction: S
  • Street Direction: W
  • Address - Street Name: 260
  • State: UT
  • City Name: Orem
  • Carrier Code: C071
  • 4-Digit Zip Code: 4201
  • Zip Code: 84058

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $847
  • Tax Rate Code Area: 90

    Appraisal Valuation

  • Standard Deviation: 0.2536
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 64
  • Final Value: 627,223
  • High Value: 786,289
  • Low Value: 468,158

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,000
  • First Open Lien Mortgage Lender: BANK OF AMERICAN FORK
  • First Open Lien Mortgage Recording Date: Sep 29, 1997
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $170,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2027

    Market Valuation

  • Market Total Value: $669,600
  • Market Land Value: $234,000
  • Market Improvement Value: $435,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $368,280

    Sales

  • Current Sale Contract Date: Sep 26, 1997
  • Current Sale Recording Date: Sep 29, 1997
  • Current Sale Transaction ID: 1168137059
  • Current Sale Price: $212,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 76182

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICAN FORK
  • First Mortgage Transaction Date: Sep 29, 1997
  • First Mortgage Loan Amount: $170,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 01, 2027

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Orem North



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Frequently Asked Questions

What neighborhood is 863 West 260 South located in?
The 863 West 260 South is a located in the neighborhood of Orem North in Orem North, Orem.
What is the average sales price for listings in 863 West 260 South?
The average sales price for units in 863 West 260 South is $0 currently.

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