M
Seller's Agent in 2024
Michael Hludzinski
eXp Realty, LLC (Park City)
(435) 640-6467
28 in this area
113 Total Sales
1125 Park Ave Park City, UT 84060
4
Beds
3
Baths
2,585
Sq Ft
2,875
Sq Ft Lot
Highlights
- Heated Driveway
- New Construction
- Sauna
- McPolin Elementary School Rated A
- Spa
- 4-minute walk to City Park
About This Home
As of October 2024New co-ownership opportunity: Own one-eighth of this turnkey home, professionally managed by Pacaso. Historic charm meets modern living in Timberline, a 4-bedroom, 5-bath home in the heart of Park City's coveted Old Town. Close to skiing, restaurants, and shops, the renovated home's modern addition takes the mountain lifestyle to new heights. The spacious open floor plan great room combines vaulted ceilings, wide-plank oak floors, and a custom fireplace to create the perfect gathering spot. The gourmet kitchen features a custom island, Sub-Zero and Wolf appliances, and a dining area that seats 10. The backsplash is decorated with handcrafted Moroccan tile and the custom range hood has reclaimed wood trim. The primary suite exudes spa-like luxury, with vaulted ceilings, built-in cabinets, and an en suite bath featuring a soaking tub, dual vanity, walk-in shower, and backlit mirrors. Each guest room - including one with built-in bunk beds - has an en suite bathroom. Plus, there's a custom hybrid 2-in-1 infrared/traditional Finnish sauna and a backyard hot tub. A spiral staircase leads to a private open-air roof deck with panoramic views and a cozy fire pit. A lower-level family room with a wet bar makes entertaining easy. The heated garage includes an EV charging station. The home is currently undergoing a design refresh. It will have all new furniture and be professionally decorated.
Last Agent to Sell the Property
eXp Realty, LLC (Park City) License #6026300-SA00 Listed on: 09/25/2024
Last Buyer's Agent
Non Agent
Non Member
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,273
Year Built
- Built in 2023 | New Construction
Lot Details
- 2,875 Sq Ft Lot
- Partially Fenced Property
- Landscaped
- Sloped Lot
- Sprinkler System
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Heated Driveway
- On-Street Parking
Home Design
- Fractional Ownership
- Mountain Contemporary Architecture
- Wood Frame Construction
- Shingle Roof
- Asphalt Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,585 Sq Ft Home
- Furnished
- Gas Fireplace
- Family Room
- Formal Dining Room
- Sauna
- Mountain Views
- Sump Pump
- Fire and Smoke Detector
Kitchen
- Oven
- Gas Range
- Microwave
- ENERGY STAR Qualified Refrigerator
- Dishwasher
- Disposal
Flooring
- Wood
- Radiant Floor
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- ENERGY STAR Qualified Washer
Outdoor Features
- Spa
- Balcony
- Deck
- Outdoor Storage
- Outdoor Gas Grill
Location
- Property is near public transit
- Property is near a bus stop
Utilities
- Mini Split Air Conditioners
- Heating System Uses Natural Gas
- Mini Split Heat Pump
- Natural Gas Connected
- Gas Water Heater
- Water Softener is Owned
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number Jm-B
Community Details
Overview
- No Home Owners Association
- Association fees include snow removal
- Old Town Area Subdivision
Amenities
- Sauna
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 15, 2023
Sold by
Jupiter Moons Llc
Bought by
4 Ut Honeybee Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,197,600
Outstanding Balance
$3,159,762
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
-$1,741,321
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Metro Title & Escrow |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,109,000 | New Conventional | |
| Open | $3,197,600 | New Conventional | |
| Previous Owner | $111,800 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2024 10/16/24 | Sold | -- | -- | -- |
| 09/25/2024 09/25/24 | For Sale | $755,000 | 0.0% | $292 / Sq Ft |
| 09/23/2024 09/23/24 | Pending | -- | -- | -- |
| 04/24/2024 04/24/24 | For Sale | $755,000 | -49.7% | $292 / Sq Ft |
| 10/30/2020 10/30/20 | Sold | -- | -- | -- |
| 10/01/2020 10/01/20 | Pending | -- | -- | -- |
| 05/08/2020 05/08/20 | For Sale | $1,500,000 | -- | $1,676 / Sq Ft |
Source: Park City Board of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $8,273 | $1,467,432 | $1,050,000 | $417,432 |
| 2022 | $5,690 | $863,767 | $800,000 | $63,767 |
| 2021 | $0 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
David Lawson
eXp Realty, LLC (Park City)
(435) 940-0004
53 in this area
304 Total Sales
-
N
Buyer's Agent in 2024
Non Agent
Non Member
-
W
Seller's Agent in 2020
William Kranstover
BHHS Utah Properties - SV
(435) 901-2007
6 in this area
15 Total Sales
-
Seller Co-Listing Agent in 2020
Kate Henry
BHHS Utah Properties - SV
(435) 649-7171
33 in this area
72 Total Sales
-
R
Buyer's Agent in 2020
Ross Brookham
Engel & Volkers Park City
Map
Source: Park City Board of REALTORS®
MLS Number: 12401458
APN: JM-B
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