$2,500,000
SOLD MAR 2, 2021
Last list price

1406 Park Ave Park City, UT 84060

5 Beds
6.5 Baths
4,920 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$508 Per Sq Ft

238 Days on Market

Highlights

  • Views of Ski Resort
  • Deck
  • Radiant Floor
  • McPolin Elementary School Rated A
  • Property is near public transit
  • 1-minute walk to City Park

About This Home

As of April 2024

Here it is, your opportunity to pick up a large Old Town Park City non-historic home just 5 minutes' walk (.2 miles) from Park City Mountain Resort. Construction has started and framing is underway on this 5-bedroom contemporary home with dedicated media room, gym, sauna, upper level master with incredible, yes...incredible views, decks off both the main level and master bedroom, outdoor kitchen, radiant heat and elevator to name a few of the high spec features of this amazing property. Another rarity is the attached 2-car garage and additional parking for two further vehicles in the driveway. This is the perfect spot to watch the July 4th Parade roll by and is located right on the bus line for easy access to historic main street, Deer Valley or PCMR. Finding a home of this size in Old Town in which you can finish and put your own style to is almost unheard of. Select your contractor and get to work right away on making this your Park City permanent home or second home in the mountains.

Last Agent to Sell the Property

Sam Cubis

Summit Sotheby's International Realty Listed on: 02/08/2021

Last Buyer's Agent

Kate Henry

BHHS Utah Properties - SV License #5457131-SA00

BHHS Utah Properties - SV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,471

Year Built

  • Built in 1912 | Under Construction

Lot Details

  • 3,485 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Property Views

  • Ski Resort
  • Mountain

Home Design

  • Mountain Contemporary Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 4,920 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Formal Dining Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Parking

  • No Garage
  • 2 Covered Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Location

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1406-Pa-A

Community Details

Overview

  • No Home Owners Association
  • Snyders Addition Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,471

Year Built

Built in 1912 | Under Construction

Lot Details

0

Listing Details

  • MainLevelTotalsBedroom: 2
  • MainLevelTotalsDiningRoom: 1
  • MainLevelTotalsFamilyRoom: 1
  • Prop. Type: Residential
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Property Sub Type: Detached
  • Lot Size Acres: 0.08
  • Subdivision Name: Snyders Addition
  • Architectural Style: Mountain Contemporary, Multi-Level Unit
  • New Construction: No
  • Year Built: 1912
  • ResoBuildingAreaSource: Plans
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 1406-Pa-A
  • Property Info:Apx Taxes: 9471.0
  • Property Info:Tax Year2: 2019
  • Property Info:Access: Year Round
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Views:Ski Area: Yes
  • Water:Public2: Yes
  • Recreation Access:HikeBike Trail - Adjoining Project: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Construction Status: Under Construction
  • Property Info:Total Half Baths2: 1
  • Property Info:Total Fireplaces: 1
  • Size of HouseLot:Apx SqFt Finished: 4920.0
  • Size of HouseLot:Apx Acres2: 0.08
  • Style:Mountain Contemporary: Yes
  • Roof:Asphalt: Yes
  • Roof:Shingle: Yes
  • Cooling:Central Air: Yes
  • Equipment:Smoke Alarm: Yes
  • Equipment:Thermostat - Programmable: Yes
  • Equipment:Water Heater - Gas: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Tile: Yes
  • Flooring:Wood2: Yes
  • Dining Area:Semi-Formal Dining: Yes
  • Room Totals:Family Room7: 1
  • Room Totals:Fireplace8: 1
  • Style:Multi-Level Unit: Yes
  • Exterior:Wood Siding: Yes
  • Dining Area:Breakfast Bar: Yes
  • Room Totals:Dining Room7: 1
  • Upper Level Totals:Full Baths2: 1
  • Property Info:Total 34 Baths2: 4
  • Property Description:Level: Yes
  • Property Description:On Bus Route: Yes
  • Property Info:Apx Date Proposed Completion: 2021-06-30
  • Upper Level Totals:_three_4 Baths2: 1
  • Fencing:Full: Yes
  • Main Level Totals:_three_4 Baths: 2
  • Foundation:Block3: Yes
  • Lower Level 2 Totals:_three_4 Baths5: 1
  • Other Park Type:Off Street - Assigned: Yes
  • Lower Level 2 Totals:Full Baths5: 1
  • Main Level Totals:Laundry2: 1
  • Upper Level Totals:Laundry3: 1
  • Room Totals:Laundry8: 2
  • Upper Level 2 Totals:Half Baths4: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Breakfast Bar
  • Other Equipment: Smoke Alarm, Thermostat - Programmable, Water Heater - Gas
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Number of Fireplaces Gas: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Exterior Features: Deck(s), Patio(s)
  • Fencing: Full
  • Roof: Asphalt, Shingle
  • Other Structures: None
  • Lot Features: Level, On Bus Route
  • View: Mountain(s), Ski Area
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Patio(s): Yes
  • Construction:Frame - Wood: Yes

Garage/Parking

  • OtherParkTypeParkingSpaces: 2
  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Parking Features: No Garage
  • Property Info:Parking Spaces Covered: 2
  • Garage Type:None14: Yes

Utilities

  • Cooling: Central Air
  • Heating: Fireplace(s), Forced Air, Furnace, Natural Gas, Radiant Floor
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Radiant Floor: Yes
  • Heating:Fireplace(s): Yes

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: No
  • Common Area Amenities:None4: Yes
  • AssociationOccupant:Currently Occupied: Call Listing Agent

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Development Status: Construction Status
  • Lot Size Sq Ft: 3484.8
  • Parcel #: 1406-Pa-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9471.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Jun 8, 2022
Sold by
1406 Partners Llc
Bought by
1406 Park Avenue Ut Llc
Seller's Agent
Kate Henry
BHHS Utah Properties - SV
Buyer's Agent
Michael Hludzinski
eXp Realty, LLC (Park City)
List Price
$7,350,000
Current Estimated Value
$5,872,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.33%
Original Mortgage
$3,025,000
Outstanding Balance
$2,878,192
Interest Rate
5.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,994,796

Purchase Details

Listed on
Aug 31, 2021
Closed on
Jun 7, 2022
Sold by
1406 Partners Llc
Bought by
1406 Park Avenue Ut Llc
Seller's Agent
Kate Henry
BHHS Utah Properties - SV
Buyer's Agent
Michael Hludzinski
eXp Realty, LLC (Park City)
List Price
$7,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,025,000
Outstanding Balance
$2,878,192
Interest Rate
5.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,994,796

Purchase Details

Listed on
Feb 8, 2021
Closed on
Apr 12, 2021
Sold by
1406 Partners Llc
Bought by
1406 Partners Llc
Seller's Agent
Sam Cubis
Summit Sotheby's International Realty
Buyer's Agent
Kate Henry
BHHS Utah Properties - SV
List Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
165.29%
Original Mortgage
$1,672,102
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 8, 2021
Closed on
Mar 2, 2021
Sold by
1406 Park Ave Llc
Bought by
1406 Partners Llc
Seller's Agent
Sam Cubis
Summit Sotheby's International Realty
Buyer's Agent
Kate Henry
BHHS Utah Properties - SV
List Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,672,102
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 8, 2021
Closed on
Mar 1, 2021
Sold by
Vortex Capital Management Llc
Bought by
1406 Park Ave Llc
Seller's Agent
Sam Cubis
Summit Sotheby's International Realty
Buyer's Agent
Kate Henry
BHHS Utah Properties - SV
List Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,672,102
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 8, 2019
Sold by
1406 Park Ave Llc
Bought by
1406 Park Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,714,796
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 4, 2018
Closed on
Oct 26, 2018
Sold by
Ehrenkrook Richard N and Ehrenkrook Janice I
Bought by
1406 Park Ave Llc
Seller's Agent
Daimon Bushi
Windermere RE Utah - Park City
Buyer's Agent
Ross Brookham
Engel & Volkers Park City
List Price
$1,295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.85%
Original Mortgage
$2,103,000
Interest Rate
4.6%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Novation Title Insurance Agenc
Warranty Deed -- Novation Title Insurance Agenc
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed -- Capstone T&E Inc
Quit Claim Deed -- Capstone T&E Inc
Quit Claim Deed -- Capstone T&E Inc
Interfamily Deed Transfer -- Capstone T&E Inc
Warranty Deed -- Capstone Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,025,000 Credit Line Revolving
Closed $3,025,000 Credit Line Revolving
Previous Owner $1,672,102 Construction
Previous Owner $2,714,796 Commercial
Previous Owner $2,103,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold -- -- --
03/13/2024 03/13/24 Price Changed $1,100,000 -13.7% $224 / Sq Ft
11/29/2023 11/29/23 For Sale $1,275,000 0.0% $259 / Sq Ft
11/28/2023 11/28/23 Off Market -- -- --
10/31/2023 10/31/23 Price Changed $1,275,000 -7.3% $259 / Sq Ft
08/10/2023 08/10/23 For Sale $1,375,000 -81.3% $279 / Sq Ft
06/07/2022 06/07/22 Sold -- -- --
04/18/2022 04/18/22 Off Market -- -- --
01/18/2022 01/18/22 Pending -- -- --
08/31/2021 08/31/21 For Sale $7,350,000 +194.0% $1,494 / Sq Ft
03/02/2021 03/02/21 Sold -- -- --
02/24/2021 02/24/21 Pending -- -- --
06/30/2020 06/30/20 For Sale $2,500,000 +93.1% $508 / Sq Ft
10/30/2018 10/30/18 Sold -- -- --
09/01/2018 09/01/18 Pending -- -- --
07/04/2018 07/04/18 For Sale $1,295,000 +40.0% $1,009 / Sq Ft
11/15/2016 11/15/16 Sold -- -- --
10/14/2016 10/14/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $925,000 -- $721 / 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 $30,496 $5,110,929 $1,200,000 $3,910,929
2023 $30,496 $5,409,072 $1,200,000 $4,209,072
2022 $7,228 $1,097,365 $950,000 $147,365
2021 $6,449 $828,012 $750,000 $78,012
2020 $7,039 $815,010 $750,000 $65,010
2019 $5,157 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 12002184

Park City Board of REALTORS®

APN: 1406-PA-A