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485 South 300 East

485 South 300 East, Payson, UT 84651
Property in Utah
Sold Sep 27, 2019
$333,400
$376,882 by Sovereign Lending Group Incorp
Mortgage Due Oct 01, 2052
485 South 300 East has been categorized by the local assessors in Payson, UT as a residential type of property. The building on the property was first built in 1919 and is 105 years old. The home has a total of 11 rooms. 6 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, 485 South 300 East has 2,933 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 858 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 10,542 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 494 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 good. 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 alum/vinyl siding. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 485 South 300 East sold most recently in Sep 25, 2019 for a total of $333,400. If you work out the math, that's approximately a cost of $113.67 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,873 in taxes each year. 485 South 300 East was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $293,205. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C+
  • Building Style: A-frame
  • Exterior Walls Type: Alum/Vinyl siding
  • 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 Type: Finished improved basement
  • Basement Area: 858
  • Garage Type: Built-in
  • Garage Square Area: 494
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 10,542
  • Total Building Area: 2,933
  • Gross Building Area: 4,285
  • Building Area: 2,933
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,933
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.242
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COM N 58 FT FR SW COR. LOT 2, BLK. 2, PLAT J, PAYSON CITY SURVEY; N 58 FT; E 11 RD; S 58 FT; W 11 RD TO BEG. AREA 0.242 AC

Ownership

  • Current Owner : MARTIN DAVID JOHN
  • Current Owner 2: MARTIN MINDY ANN
  • Previous Owner : WALKER BART LEE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Nebo School District
  • Census Tract: 003405

Geography

  • Parcel: 08-053-0012
  • Lot: 2
  • Municipality: PAYSON
  • Latitude: 40.0371
  • Longitude: -111.728

    Address

  • Full Address: 485 S 300 E
  • Address - House Number: 485
  • Street Segment Direction: E
  • Street Direction: S
  • Address - Street Name: 300
  • State: UT
  • City Name: Payson
  • Carrier Code: C006
  • 4-Digit Zip Code: 2517
  • Zip Code: 84651

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,873
  • Tax Rate Code Area: 170

    Appraisal Valuation

  • Standard Deviation: 0.1944
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 74
  • Final Value: 552,103
  • High Value: 659,434
  • Low Value: 444,772

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $376,882
  • First Open Lien Mortgage Lender: SOVEREIGN LENDING GROUP INCORP
  • First Open Lien Mortgage Recording Date: Oct 05, 2022
  • First Open Lien Mortgage Loan Amount: $376,882
  • 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: Oct 01, 2052

    Market Valuation

  • Market Total Value: $533,100
  • Market Land Value: $103,900
  • Market Improvement Value: $429,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,205

    Sales

  • Current Sale Contract Date: Sep 25, 2019
  • Current Sale Recording Date: Sep 27, 2019
  • Current Sale Transaction ID: 11713902402
  • Current Sale Price: $333,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 096896:2019

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • First Mortgage Transaction Date: Sep 27, 2019
  • First Mortgage Loan Amount: $328,932
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2049

About Payson



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 485 South 300 East located in?
The 485 South 300 East is a located in the neighborhood of Utah in Payson, Payson.
What is the average sales price for listings in 485 South 300 East?
The average sales price for units in 485 South 300 East is $0 currently.

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