NOT LISTED FOR SALE

1406 W Two Creeks Cir Park City, UT 84098

Estimated Value: $7,549,000 - $11,610,166

4.34 Acres
$2,207,277 Price per Acre
189,050 Sq Ft Lot

Last Sold March 26, 2012

Current estimated payment $54,181/month

2 Days on Market

Highlights

  • Views of Ski Resort
  • Horse Property
  • Secluded Lot
  • Parley's Park Elementary School Rated A-
  • 4.34 Acre Lot
  • Cul-De-Sac

About This Lot

As of March 2012

Elegant, yet comfortable! Convenient, yet private! Welcome to one of the most beautiful homes in Park City! This 5 bedroom, 8 bath 9000 sq ft home in the coveted Two Creeks neighborhood is the home you have been looking for. It's the perfect home to rent while you finish your luxury build, or while you consider whether life in Park City is right for you! As you walk in the front door, you are greeted with floor to ceiling windows highlighting a beautifully landscaped back patio and sweeping mountain views. To the right, you find a sitting area, the dining room, an amazing kitchen with high end appliances and butler pantry, and a large but cozy living room. To the left, there are 2 spacious offices and a gym with floor to ceiling windows on 3 sides for the most inspiring indoor workout possible. The master is just a few steps up from the main level and is a spacious oasis with an enormous walk in closet and a bathroom that rivals even the nicest spas. Upstairs, there are two more bedrooms with ensuite baths. A walk down the hall leads to a game room and then on to the attached guest house. The guest house includes 2 large bedrooms with ensuite bathrooms. Completing this amazing home, which sits on over 8 acres, is a 4 car garage. Every room has amazing views as well as beautiful hard surface floors with radiant heating. This home has it all, and is only 5 minutes from the Canyons Base at PCMR, 5 minutes to Kimball Junctions, and 10 minutes to downtown Park City.
LEASE INFORMATION
Minimum 10 month lease starting Jul or Aug 2023. Utilities not included in rent. First month's rent and security deposit due upon signing. No smoking/vaping. Pets negotiable. Verification of funds and employment required.
The information contained herein is furnished to the best of knowledge. Tenant is responsible for verifying the accuracy of all information. This information is subject to change without notice. Brokerage assumes no responsibility.

Last Agent to Sell the Property

Kurt Peterson

BHHS Utah Properties - SV License #5462091-SA00 Listed on: 02/28/2012

BHHS Utah Properties - SV

Co-Listed By

Bronson Calder

Prudential Utah RE - SV

Last Buyer's Agent

Suzanne Pretorius

ERA Bald Eagle Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,835

Lot Details

  • 4.34 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • South Facing Home
  • Southern Exposure
  • Partially Fenced Property
  • Natural State Vegetation
  • Secluded Lot
  • Sloped Lot
  • Few Trees

HOA Fees

  • $251 Monthly HOA Fees

Property Views

  • Ski Resort
  • Woods
  • Trees
  • Mountain
  • Meadow

Horse Facilities and Amenities

  • Riding Trail

Utilities

  • Natural Gas Connected
  • Private Water Source
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number TCRS-6

Community Details

Overview

  • Association fees include amenities, management fees, snow removal
  • Association Phone (435) 640-0336
  • Two Creeks Subdivision

Recreation

  • Horse Trails
  • Trails
  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$6,835

Lot Details

0

HOA Fees

$251 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Property Sub Type: Residential
  • Lot Size Acres: 4.34
  • Co List Office Mls Id: PUR2
  • Co List Office Phone: 435-649-7171
  • Subdivision Name: Two Creeks
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: TCRS-6
  • Property Info:Apx Taxes: 6835.42
  • Property Info:Tax Year2: 2011
  • Property Info:Access: Year Round
  • Size of Lot:Apx Lot Size (SqFt)3: 189050.0
  • Size of Lot:Apx Acres3: 4.34
  • Property Description:Gradual Slope: Yes
  • Property Description:Natural Vegetation: Yes
  • Property Description:Secluded: Yes
  • Views:Mountain(s): Yes
  • Utilities:Phone Available: Yes
  • Water:Private2: Yes
  • Sewage:Public Sewer: Yes
  • Property Description:South Facing: Yes
  • Views:Meadow: Yes
  • Views:Ski Area: Yes
  • Recreation Access:HikeBike Trail - Adjoining Project: Yes
  • Road Frontage Type:Private Road: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Views:TreesWoods: Yes
  • Fencing:Partial: Yes
  • Property Description:Horse Property: Yes
  • Recreation Access:Horse Trail: Yes
  • Property Description:Cul-De-Sac2: Yes
  • Property Description:Few Trees: Yes
  • Special Features: None

Exterior Features

  • Fencing: Partial
  • Lot Features: Few Trees, Cul-De-Sac, Gradual Slope, Horse Property, Natural Vegetation, Secluded, South Facing
  • View: Trees/Woods, Meadow, Mountain(s), Ski Area

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Amenities: See Remarks, Pets Allowed w/Restrictions, Other
  • Association Fee: 3013.0
  • Association Fee Frequency: Annually
  • Phone: 435-640-0336
  • Association: Yes

Association/Amenities

  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 3013.0
  • AssociationOccupant:HOA Dues Frequency: Annually
  • AssociationOccupant:HOA Contact: Jon-Eric Green
  • AssociationOccupant:HOA Contact Phone: 435-640-0336
  • Association Fees Include:Snow Removal2: Yes
  • Common Area Amenities:Pets Allowed wRestrictions: Yes
  • Association Fees Include:Com Area Taxes2: Yes
  • Association Fees Include:Insurance2: Yes
  • Association Fees Include:Maintenance Grounds2: Yes
  • Association Fees Include:ReserveContingency Fund2: Yes
  • Association Fees Include:Management Fees2: Yes
  • Association Fees Include:Maintenance Exterior2: Yes
  • Common Area Amenities:Other6: Yes
  • Association Fees Include:Amenities2: Yes
  • Common Area Amenities:See Remarks39: Yes
  • Ranch Amenities:CreekStream Seasonal: Yes

Fee Information

  • Association Fee Includes: Amenities, Management Fees, Snow Removal

Lot Info

  • Horse Amenities: Riding Trail
  • Lot Size Sq Ft: 189050.4
  • Parcel #: TCRS-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 6835.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2021
Sold by
Portnoy Jason and Portnoy Anne Marie
Bought by
Sargent Stephen M and Usa Real Estate Revocable Trus
Current Estimated Value
$9,579,583

Purchase Details

Listed on
Feb 28, 2012
Closed on
Mar 26, 2012
Sold by
Davies Wendy A
Bought by
Portnoy Jason and Portnoy Anne Marie
Seller's Agent
Kurt Peterson
BHHS Utah Properties - SV
Buyer's Agent
Suzanne Pretorius
ERA Bald Eagle Realty
List Price
$995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.61%
Original Mortgage
$443,750
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2009
Sold by
Davies Wendy A and The Wendy A Davies Revocable T
Bought by
Two Creeks Ranch Owners Assn

Purchase Details

Closed on
Jul 30, 2007
Sold by
Davies Wendy Allen
Bought by
Davies Wendy A and Wendy A Davies Revocable Trust

Purchase Details

Closed on
Apr 3, 2007
Sold by
Tcr Development Inc
Bought by
Davies Wendy Allen
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
Sargent Stephen M -- None Available
Portnoy Jason -- Coaliation Title Agency Inc
Two Creeks Ranch Owners Assn -- --
Davies Wendy A -- None Available
Davies Wendy Allen -- Coalition Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Portnoy Jason $443,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2023 05/08/23 Rented $30,000 -14.3% --
03/31/2023 03/31/23 For Rent $35,000 0.0% --
03/26/2012 03/26/12 Sold -- -- --
03/02/2012 03/02/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $995,000 -- --
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 $39,495 $8,554,310 $1,850,400 $6,703,910
2023 $39,495 $7,147,131 $1,850,400 $5,296,731
2022 $44,627 $7,147,131 $1,850,400 $5,296,731
2021 $25,011 $3,507,371 $1,300,400 $2,206,971
2020 $26,400 $3,507,371 $1,300,400 $2,206,971
2019 $27,470 $3,507,371 $1,300,400 $2,206,971
2018 $24,433 $3,119,660 $1,300,400 $1,819,260
2017 $22,593 $3,119,660 $1,300,400 $1,819,260
2016 $24,290 $3,119,660 $1,300,400 $1,819,260
2015 $18,797 $2,284,495 $0 $0
2013 $7,383 $850,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 9991757

Park City Board of REALTORS®

APN: TCRS-6