59 E Center, Cedar Fort unloaded by Matthew Kemp and Jenae Labonte

The home at 59 E Center, Cedar Fort was sold on May 2 by Matthew Kemp and Jenae Labonte for $290,000.

The buyers were Preston and Katelyn Cutler.

The property tax paid for this property in 2024 was $2,265. This is 0.8% of the assessed value of the home.

This property is one of three sales in Cedar Fort (Utah County) from April 2 to May 2.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.