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961 West 125 North

961 West 125 North, Springville, UT 84663
Property in Utah
Sold Oct 27, 2020
$373,100
$298,500 by Utah Community Cu
Mortgage Due Nov 01, 2050
Sold May 03, 2017
$292,500
$234,000 by United Wholesale Mortgage
Mortgage Due Jun 01, 2032
961 West 125 North has been categorized by the local assessors in Springville, UT as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 12 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 961 West 125 North has 2,274 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 11,021 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 474 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 stucco. 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, 961 West 125 North was last sold in Oct 22, 2020 for $373,100. According to our calculations, that's $164.07 per sqft. Prior to that sales transaction, the property was sold for $292,500 in Apr 20, 2017. Current property owners are expected to pay $2,656 in taxes per year. The property on 961 West 125 North was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $266,090. 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 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.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: 2005
  • Effective Year Built: 2005
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Masonry
  • Building Style: A-frame
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Built-in
  • Garage Square Area: 474
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,021
  • Total Building Area: 2,274
  • Gross Building Area: 2,748
  • Building Area: 2,274
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,274
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE GRASSLANDS
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2, PLAT A, THE GRASSLANDS SUBDV. AREA 0.253 AC

Ownership

  • Current Owner : SANCHEZ EFREN
  • Current Owner 2: SANCHEZ GUADALUPE
  • Previous Owner : SANCHEZ EFREN
  • Owner Before Previous Owner: SANCHEZ EFREN
  • Owner Before Previous Owner 2: SANCHEZ GUADALUPE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Nebo School District
  • Census Tract: 002901

Geography

  • Parcel: 40-357-0002
  • Lot: 2
  • Municipality: SPRINGVILLE
  • Latitude: 40.1685
  • Longitude: -111.628

    Address

  • Full Address: 961 W 125 N
  • Address - House Number: 961
  • Street Segment Direction: N
  • Street Direction: W
  • Address - Street Name: 125
  • State: UT
  • City Name: Springville
  • Carrier Code: R005
  • 4-Digit Zip Code: 5701
  • Zip Code: 84663

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,656
  • Tax Rate Code Area: 131

    Appraisal Valuation

  • Standard Deviation: 0.1854
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 75
  • Final Value: 576,409
  • High Value: 683,291
  • Low Value: 469,528

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $298,500
  • First Open Lien Mortgage Lender: UTAH COMMUNITY CU
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Loan Amount: $298,500
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $483,800
  • Market Land Value: $195,100
  • Market Improvement Value: $288,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $266,090

    Sales

  • Current Sale Contract Date: Oct 22, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Transaction ID: 11804551482
  • Current Sale Price: $373,100
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 168609:2020
  • Previous Sale Recording Date: May 03, 2017
  • Previous Sale Contract Date: Apr 20, 2017
  • Previous Sale Amount: $292,500
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: UTAH COMMUNITY CU
  • First Mortgage Transaction Date: Oct 27, 2020
  • First Mortgage Loan Amount: $298,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: May 03, 2017
  • Previous Mortgage Loan Amount: $234,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2032

About Springville



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Frequently Asked Questions

What neighborhood is 961 West 125 North located in?
The 961 West 125 North is a located in the neighborhood of Utah in Springville, Springville.
What is the average sales price for listings in 961 West 125 North?
The average sales price for units in 961 West 125 North is $0 currently.

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