NOT LISTED FOR SALE

1381 N Monroe Peak Cir Heber City, UT 84032

Estimated Value: $694,000

0.81 Acre
$856,790 Price per Acre
35,284 Sq Ft Lot

Last Sold April 01, 2024

Current estimated payment $4,666/month

308 Days on Market

Highlights

  • Property fronts Roosevelt Channel
  • 0.81 Acre Lot
  • Private Membership Available
  • Fitness Center
  • Mountain View
  • Clubhouse

About This Lot

As of April 2024

1381 N Monroe Peak Circle is located in the coveted Crown Ridge subdivision and offers commanding 360 degree views. The Red Ledges community encompasses nearly 2,000 acres of spectacular Utah real estate located minutes to Park City. Red Ledges' luxurious amenities include the award-winning 18 hole Jack Nicklaus Signature Golf Course, a 12 hole par 3 Golf Park, Wellness Center, two resort pools, 10 tennis courts, 6 pickleball courts, the Jim McLean Golf School and practice facility, the Cliff Drysdale Tennis School and an equestrian center. During ski season, members have access to two on-mountain lounges at Deer Valley as well as shuttle vans to the Jordanelle Express gondola every 20 minutes.

Last Listed By

Nancy Seraphin

KW Park City Keller Williams RE Red Ledges License #5450016-BB00 Listed on: 05/01/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,588

Lot Details

  • 0.81 Acre Lot
  • Property fronts a private road
  • Gated Home
  • Natural State Vegetation
  • Sloped Lot

HOA Fees

  • $240 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0rx-3h629-0-027-035

Community Details

Overview

  • Association fees include security, snow removal
  • Private Membership Available
  • Club Membership Available
  • Association Phone (435) 657-4058
  • Visit Association Website
  • Red Ledges Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Property fronts Roosevelt Channel
  • Ski Club Membership

Property Details

Property Type

Land

Est. Annual Taxes

$7,588

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Gated, Private Road
  • Road Surface Type: Paved
  • Property Sub Type: Residential
  • Lot Size Acres: 0.81
  • Subdivision Name: Red Ledges
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 0rx-3h629-0-027-035
  • Property Info:Apx Taxes: 7587.75
  • Property Info:Tax Year2: 2022
  • Property Info:Access: Year Round
  • Size of Lot:Apx Lot Size (SqFt)3: 35284.0
  • Size of Lot:Apx Acres3: 0.81
  • Property Description:Gradual Slope: Yes
  • Property Description:Natural Vegetation: Yes
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Property Description:Adjacent Common Area Land: Yes
  • Views:Valley: Yes
  • Water:Public2: Yes
  • Road Frontage Type:Gated: Yes
  • Road Frontage Type:Private Road: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Ski Resort Access:Ski Club and Shuttle: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Adjacent Common Area Land, Gradual Slope, Natural Vegetation
  • View: Mountain(s), Valley

Utilities

  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • MembershipAmenitiesGolfMembership: Not Available
  • MembershipAmenitiesMembershipAvailable: Yes
  • MembershipAmenitiesMembershipRemarks: All property owners are required to be members of the Club.
  • MembershipAmenitiesOtherMembership: Available
  • MembershipAmenitiesSocialLifestyleMembership: Available
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 2875.0
  • AssociationOccupant:HOA Dues Frequency: Annually
  • AssociationOccupant:HOA Contact: Bracken Santos
  • AssociationOccupant:HOA Contact Phone: 435-657-4058
  • AssociationOccupant:HOA Website: redledges.com
  • Common Area Amenities:Clubhouse: Yes
  • Common Area Amenities:Fitness Room: Yes
  • Common Area Amenities:Pool: Yes
  • Common Area Amenities:Tennis Court(s)2: Yes
  • Association Fees Include:Snow Removal2: Yes
  • Membership Amenities:Ski Club Membership: Included
  • Common Area Amenities:SpaHot Tub: Yes
  • Association Fees Include:Security3: Yes

Condo/Co-op/Association

  • Amenities: Spa/Hot Tub, Clubhouse, Fitness Room, Pool, Tennis Court(s)
  • Association Fee: 2875.0
  • Association Fee Frequency: Annually
  • Phone: 435-657-4058
  • Association: Yes

Fee Information

  • Association Fee Includes: Security, Snow Removal

Lot Info

  • Lot Size Sq Ft: 35283.6
  • Parcel #: 0rx-3h629-0-027-035
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7587.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Mar 29, 2024
Sold by
Red Ledges Land Development In
Bought by
Sandhu Valluru Reema and Sandhu Chaitanya Valluru
Seller's Agent
Nancy Seraphin
KW Park City Keller Williams RE Red Ledges
Buyer's Agent
Zachary Mutsch
Christies International RE PC
List Price
$675,000
Sold Price
$675,000
Total Days on Market
308
Views
140
Current Estimated Value
$694,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,000
Avg. Annual Appreciation
2.58%

Range of Values:

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Average Value
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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
Sandhu Valluru Reema -- Summit Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Red Ledges Land Development In $7,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold -- -- --
03/05/2024 03/05/24 Pending -- -- --
05/01/2023 05/01/23 For Sale $675,000 -- --
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 $6,939 $750,000 $750,000 $0
2023 $6,939 $750,000 $750,000 $0
2022 $7,588 $750,000 $750,000 $0
2021 $5,731 $450,000 $450,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Park City Board of REALTORS®

MLS Number: 12301267

Park City Board of REALTORS®

APN: 00-0021-4784