NOT LISTED FOR SALE

1059 Park Ave Park City, UT 84060

Estimated Value: $1,677,000 - $2,148,000

2 Beds
3 Baths
1,333 Sq Ft
$1,480/Sq Ft Est. Value

Last Sold May 08, 2019

Current estimated payment $11,076/month

177 Days on Market

Highlights

  • Views of Ski Resort
  • Steam Room
  • Vaulted Ceiling
  • McPolin Elementary School Rated A
  • Property is near public transit
  • 5-minute walk to City Park

About This Home

As of May 2019

Historic Old Town home with beautiful upgrades and detached unit sits on 1.5 lots in the heart of Park City. This home is perfectly situated within walking distance to Main Street, the Historic Rail Trail, Town Lift and the local's favorite off-leash Library Park. 1059 Park Ave was tastefully remodeled with an inviting open floor plan, gorgeous hardwood flooring, vaulted ceilings, clawfoot bathtub, custom finishes and tranquil landscaping in both the front and back yards. Subtle upgrades include a master bath steam shower, reverse osmosis filtration system and an electronic water conditioner. Potential growth opportunities within city and Historic District regulations exist on this jumbo sized parcel. Abundant off-street parking as the property includes an easement with the neighboring lot. The existing home is inviting and immaculate as-is and offers the best of the Park City lifestyle at a great price.

Last Agent to Sell the Property

Brad Erickson

BHHS Utah Properties - SV Listed on: 12/26/2018

Last Buyer's Agent

Non Member Licensee

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,657

Year Built

  • Built in 1904 | Remodeled in 2011

Lot Details

  • 2,614 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Level Lot
  • Historic Home

Property Views

  • Ski Resort
  • Mountain

Home Design

  • Cottage
  • Flat Roof Shape
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,333 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Great Room
  • Formal Dining Room
  • Home Office
  • Storage
  • Steam Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Programmable Thermostat
  • Natural Gas Connected
  • Electric Water Heater
  • Water Purifier
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Old Town Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1059-PA-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,657

Year Built

Built in 1904 | Remodeled in 2011

Lot Details

0

Listing Details

  • MainLevelTotalsBedroom: 2
  • MainLevelTotalsDiningRoom: 1
  • MainLevelTotalsGreatRoom: 1
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Study/Office/Den: 2
  • Property Sub Type: Detached
  • Lot Size Acres: 0.06
  • Subdivision Name: Old Town Area
  • Architectural Style: Cottage, Historical
  • New Construction: No
  • Year Built: 1904
  • ResoBuildingAreaSource: Appraiser
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 1059-PA-1
  • Property Info:Apx Taxes: 4657.0
  • Property Info:Tax Year2: 2018
  • Property Info:Access: Year Round
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Views:Ski Area: Yes
  • Water:Public2: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Total Fireplaces: 1
  • Size of HouseLot:Apx SqFt Finished: 1333.0
  • Size of HouseLot:Apx Acres2: 0.06
  • Foundation:Concrete Perimeter: Yes
  • Roof:Asphalt: Yes
  • Roof:Shingle: Yes
  • Equipment:Smoke Alarm: Yes
  • Equipment:Thermostat - Programmable: Yes
  • Equipment:Water Purifier: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Tile: Yes
  • Flooring:Wood2: Yes
  • Dining Area:Semi-Formal Dining: Yes
  • Room Totals:Fireplace8: 1
  • Main Level Totals:Fireplace2: 1
  • Exterior:Wood Siding: Yes
  • Washers: Yes
  • Room Totals:Dining Room7: 1
  • Room Totals:Great Room7: 1
  • Size of HouseLot:Apx Lot Size (SqFt)2: 2614.0
  • Property Description:Level: Yes
  • Property Description:On Bus Route: Yes
  • Style:Historical: Yes
  • Equipment:Water Heater - Electric: Yes
  • Fencing:Partial: Yes
  • Other Park Type:Off Street - Unassigned: Yes
  • Property Info:Apx Year Remodeled: 2011
  • Main Level Totals:_three_4 Baths: 3
  • Exterior:Aluminum Siding: Yes
  • Dining Area:Breakfast Nook: Yes
  • Roof:Flat: Yes
  • Upper Level 2 Totals:StudyOfficeDen4: 2
  • Main Level Totals:Laundry2: 1
  • Room Totals:Laundry8: 1
  • Other Park Type:Street: Yes
  • Special Features: VirtualTour
  • Year Renovated: 2011

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Oven, Refrigerator, Washer, Washer/Dryer Stacked
  • Has Basement: Crawl Space
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Electric Dryer Hookup, Main Level Master Bedroom, Ski Storage, Skylight(s), Steam Room/Shower, Vaulted Ceiling(s), Washer Hookup
  • Other Equipment: Smoke Alarm, Thermostat - Programmable, Water Heater - Electric, Water Purifier, Other
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Oven: Yes
  • Interior Features:Main Level Master Bedroom: Yes
  • Interior Features:Washer Hookup: Yes
  • Number of Fireplaces Gas: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Ski Storage3: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Electric Dryer Hookup: Yes
  • Interior Features:Steam RoomShower: Yes
  • Interior Features:Skylight(s): Yes
  • Appliances:Electric Dryer Hookup2: Yes

Exterior Features

  • Exterior Features: Landscaped - Fully, Porch
  • Fencing: Partial
  • Roof: Asphalt, Flat, Shingle
  • Other Structures: See Remarks, Other
  • Lot Features: Level, On Bus Route
  • View: Mountain(s), Ski Area
  • Construction Type: Aluminum Siding, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Exterior Features:Landscaped - Fully: Yes
  • Exterior Features:Porch: Yes
  • Construction:Frame - Wood: Yes

Garage/Parking

  • OtherParkTypeParkingSpaces: 2
  • Attached Garage: No
  • Parking Features: On Street

Utilities

  • Heating: Fireplace(s), Baseboard, Electric, Forced Air, Furnace
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Laundry Features: Electric Dryer Hookup
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes
  • Heating:Baseboard: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • AssociationOccupant:HOA Dues: No
  • AssociationOccupant:Currently Occupied: Call Listing Agent

Lot Info

  • Lot Size Sq Ft: 2614.0
  • Parcel #: 1059-PA-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4657.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2021
Sold by
Kovnick Jeffrey A and Jeffrey A Kovnick Living Trust
Bought by
Alpine Minnies Llc
Current Estimated Value
$1,972,228

Purchase Details

Closed on
Mar 1, 2021
Sold by
Kovnick Jeffrey A
Bought by
Kovnick Jeffrey A and Jeffrey A Kovnick Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$817,650
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2020
Sold by
Kovnick Jeffrey A
Bought by
Kovnick Jeffrey A and Jeffrey A Kovnick Living Trust

Purchase Details

Listed on
Dec 26, 2018
Closed on
May 2, 2019
Sold by
Erickson Bradley and Trowbridge Amanda
Bought by
Kovnick Jeffrey A
Seller's Agent
Brad Erickson
BHHS Utah Properties - SV
Buyer's Agent
Non Member Licensee
Non Member
List Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$600,300
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2016
Sold by
Hofmann Properties Lc
Bought by
Erickson Bradley and Trowbridge Amanda

Purchase Details

Closed on
Aug 10, 2009
Sold by
Snow Brian P and Snow Michael R
Bought by
Hoffmann Properties Lc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alpine Minnies Llc -- None Available
Kovnick Jeffrey A -- Paramount Title Corp
Kovnick Jeffrey A -- Paramount Title Corp
Kovnick Jeffrey A -- None Available
Kovnick Jeffrey A -- Coalition Title Agency Inc
Erickson Bradley -- Coalition Title Agency Inc
Hoffmann Properties Lc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kovnick Jeffrey A $817,650
Previous Owner Kovnick Jeffrey A $600,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2019 05/08/19 Sold -- -- --
03/25/2019 03/25/19 Pending -- -- --
09/28/2018 09/28/18 For Sale $1,250,000 -- $938 / Sq Ft
Source: Park City Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,036 $1,563,698 $1,050,000 $513,698
2023 $9,036 $1,602,724 $1,050,000 $552,724
2022 $7,852 $1,192,029 $800,000 $392,029
2021 $6,685 $877,246 $600,000 $277,246
2020 $6,725 $831,333 $600,000 $231,333
2019 $6,844 $831,333 $600,000 $231,333
2018 $4,657 $565,768 $300,000 $265,768
2017 $4,335 $554,290 $300,000 $254,290
2016 $4,177 $519,855 $300,000 $219,855
2015 $4,408 $519,855 $0 $0
2013 $3,401 $373,942 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 11806233

Park City Board of REALTORS®

APN: 1059-PA-1