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988 South 500 East

988 South 500 East, Springville, UT 84663
Property in Utah
Sold Aug 22, 2016
$175,100
$172,812 by Veritas Funding Llc
Mortgage Due Sep 01, 2046
Sold Feb 06, 1997
$16,800
$13,400 by Washington Mutual Bank Fsb
Mortgage Due Feb 01, 2027
988 South 500 East 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 1974 and is 50 years old. The home has a total of 11 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 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, 988 South 500 East has 1,176 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 1,176 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 11,456 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 carport for those who require parking. 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Aug 19, 2016 for $175,100. That's $148.89 per sqft. Prior to that sales transaction, the property was also sold in Jan 15, 1997 for $16,800. 988 South 500 East was last assessed in 2023. The total value of the property was assessed at $208,010. 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 $2,028. 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. 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: 1974
  • Effective Year Built: 1974
  • Building Count: 2
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,176
  • Garage Type: Carport
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,456
  • Total Building Area: 1,176
  • Gross Building Area: 2,352
  • Building Area: 1,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,176
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.263
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COM N 124.88 FT & W 1005.45 FT FR E 1/4 COR. SEC. 4, T8S, R3E, SLB&M.; N 89 DEG 42' 11" W 102.43 FT; N 0 DEG 6' 35" W 111.59

Ownership

  • Current Owner : SHERWOOD LAUREN
  • Current Owner 2: BAUER ZACK
  • Previous Owner : HARPER JENNIFER
  • Owner Before Previous Owner: CHILDS MELVIN WAYNE
  • Owner Before Previous Owner 2: CHILDS JOYCE S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Nebo School District
  • Census Tract: 003106

Geography

  • Parcel: 26-035-0149
  • Meridian: SEC 04 TWN 08S RNG 03E
  • Municipality: SPRINGVILLE
  • Latitude: 40.1526
  • Longitude: -111.602

    Address

  • Full Address: 988 S 500 E
  • Address - House Number: 988
  • Street Segment Direction: E
  • Street Direction: S
  • Address - Street Name: 500
  • State: UT
  • City Name: Springville
  • Carrier Code: C004
  • 4-Digit Zip Code: 2552
  • Zip Code: 84663

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,028
  • Tax Rate Code Area: 130

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 71
  • Final Value: 476,358
  • High Value: 576,079
  • Low Value: 376,637

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $172,812
  • First Open Lien Mortgage Lender: VERITAS FUNDING LLC
  • First Open Lien Mortgage Recording Date: Aug 22, 2016
  • First Open Lien Mortgage Loan Amount: $172,812
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2046

    Market Valuation

  • Market Total Value: $378,200
  • Market Land Value: $134,700
  • Market Improvement Value: $243,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,010

    Sales

  • Current Sale Contract Date: Aug 19, 2016
  • Current Sale Recording Date: Aug 22, 2016
  • Current Sale Transaction ID: 1797409686
  • Current Sale Price: $175,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 080143:2016
  • Previous Sale Recording Date: Feb 06, 1997
  • Previous Sale Contract Date: Jan 15, 1997
  • Previous Sale Amount: $16,800
  • Previous Sale Document Type: Re-recorded Document

    Last Sale Mortgage

  • First Mortgage Lender: VERITAS FUNDING LLC
  • First Mortgage Transaction Date: Aug 22, 2016
  • First Mortgage Loan Amount: $172,812
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FSB
  • Previous Mortgage Transaction Date: Feb 06, 1997
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $13,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2027

About Springville



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Nearby Rentals

Unit for rent at 458 E 900 N, Springville, UT, 84663

$2,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,100 ft²
458 E 900 N #458 E 900 N, Springville, UT, 84663 Listing by Manager

Frequently Asked Questions

What neighborhood is 988 South 500 East located in?
The 988 South 500 East is a located in the neighborhood of Utah in Springville, Springville.
What is the average sales price for listings in 988 South 500 East?
The average sales price for units in 988 South 500 East is $0 currently.

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