NOT LISTED FOR SALE

1485 Empire Ave Unit 502 Park City, UT 84060

Estimated Value: $744,000 - $897,000

1 Bed
2 Baths
884 Sq Ft
$632/mo HOA Fee

Last Sold November 02, 2023

Current estimated payment $5,230/month

78 Days on Market

Highlights

  • Fitness Center
  • Golf Course View
  • Property is near public transit
  • McPolin Elementary School Rated A
  • Contemporary Architecture
  • 5-minute walk to City Park

About This Home

As of November 2023

This top floor penthouse with vaulted ceilings, one bedroom, and two baths is sure to offer a luxurious and spacious living experience. The addition of two brand new king-size beds and a large sleeper sofa allows for comfortable accommodations for up to six people. The prime ski location at the base of Park City Mountain Resort is undoubtedly a major advantage, as it provides convenient access to skiing activities. Additionally, the proximity to downtown Park City adds further appeal, allowing guests to easily explore dining and entertainment options.

The availability of the property for summer, fall, and winter rentals or stays is a great feature, as it caters to a wide range of guests throughout the year. Whether visitors are interested in skiing during the winter months or exploring the scenic beauty and outdoor activities during the summer and fall, the turnkey nature of the property ensures a hassle-free experience.

Overall, this remodeled penthouse seems to offer a perfect combination of comfort, convenience, and location, making it an attractive option for those seeking a memorable vacation or extended stay in Park City.

Last Agent to Sell the Property

Hong McDonald

KW Park City Keller Williams Real Estate License #5507543-AB00 Listed on: 07/31/2023

KW Park City Keller Williams Real Estate

Co-Listed By

Mark Jacobson

KW Park City Keller Williams Real Estate License #6186381-PB00

Last Buyer's Agent

Maverick Bolger

KW Park City Keller Williams Real Estate License #11850504-SA00

KW Park City Keller Williams Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,701

Year Built

  • Built in 1983 | Remodeled in 2023

Lot Details

  • Few Trees

HOA Fees

  • $632 Monthly HOA Fees

Property Views

  • Golf Course
  • Mountain
  • Valley

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Mountain Contemporary Architecture
  • Wood Frame Construction
  • Metal Construction or Metal Frame

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Great Room
  • Dining Room
  • Storage

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Subterranean Parking
  • Guest Parking

Location

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

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Programmable Thermostat
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Slk-502

Community Details

Overview

  • Association fees include amenities, com area taxes, insurance, maintenance exterior, ground maintenance, management fees, reserve/contingency fund, security, shuttle service, snow removal
  • Association Phone (435) 649-5500
  • Silver King Subdivision

Amenities

  • Shuttle
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,701

Year Built

Built in 1983 | Remodeled in 2023

Lot Details

0

HOA Fees

$632 per month

Listing Details

  • MainLevelTotalsDiningRoom: 1
  • MainLevelTotalsFullBaths: 1
  • MainLevelTotalsGreatRoom: 1
  • Prop. Type: Residential
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Property Sub Type: Stacked/Multi-Level
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: KWSP
  • Co List Office Phone: 435-649-9882
  • Subdivision Name: Silver King
  • Architectural Style: Contemporary, Mountain Contemporary, Single Level Unit, Traditional, Updated/Remodeled
  • New Construction: No
  • Year Built: 1983
  • ResoBuildingAreaSource: PublicRecords
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Slk-502
  • Property Info:Apx Taxes: 2700.67
  • Property Info:Tax Year2: 2022
  • 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:Valley: Yes
  • Water:Public2: Yes
  • Views:Golf Course: Yes
  • Utilities:Electricity Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Construction Status: Complete
  • Property Info:Total Fireplaces: 1
  • Property Info:Accessory Dwelling Unit YN: No
  • Size of HouseLot:Apx SqFt Finished: 884.0
  • Size of HouseLot:Apx Acres2: 0.02
  • Style:Mountain Contemporary: Yes
  • Equipment:Thermostat - Programmable: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Room Totals:Fireplace8: 1
  • Main Level Totals:Fireplace2: 1
  • Dining Area:Breakfast Bar: Yes
  • Room Totals:Dining Room7: 1
  • Room Totals:Great Room7: 1
  • Property Info:Mother-in-Law Apartment: No
  • Property Info:Total 34 Baths2: 1
  • Property Description:Level: Yes
  • Property Description:On Bus Route: Yes
  • Other Park Type:Underground: Yes
  • Dining Area:Informal Dining: Yes
  • Property Info:Apx Year Remodeled: 2023
  • Style:UpdatedRemodeled: Yes
  • Main Level Totals:_three_4 Baths: 1
  • Style:Single Level Unit: Yes
  • Main Level Totals:Laundry2: 1
  • Room Totals:Laundry8: 1
  • Property Description:Few Trees: Yes
  • Special Features: None
  • Year Renovated: 2023

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Ceiling(s) - 9 Ft Plus, Ski Storage, Skylight(s), Vaulted Ceiling(s), Breakfast Bar
  • Other Equipment: Appliances, Fire Pressure System, Thermostat - Programmable
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling(s) - 9 Ft Plus: Yes
  • Appliances: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Ski Storage3: Yes
  • Number of Fireplaces Woodburning: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Skylight(s): Yes

Exterior Features

  • Roof: See Remarks
  • Lot Features: Few Trees, Level, On Bus Route
  • View: Golf Course, Mountain(s), Valley
  • Foundation Details: See Remarks
  • Construction:Frame - Wood: Yes
  • Construction:Frame - Metal: Yes

Garage/Parking

  • OtherParkTypeParkingSpaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Parking Features: See Remarks, Underground, Guest
  • Property Info:Parking Spaces Covered: 1
  • Garage Type:See Remarks23: Yes
  • Other Park Type:Guest Parking: Yes

Utilities

  • Cooling: Air Conditioning
  • Heating: Fireplace(s), Forced Air
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Phone Available
  • Laundry Features: Common Area
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Air Conditioner: Yes
  • Heating:Fireplace(s): Yes

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 1896.0
  • AssociationOccupant:HOA Dues Frequency: Quarterly
  • AssociationOccupant:HOA Contact: Jim Simmons
  • AssociationOccupant:HOA Contact Phone: 435-649-5500
  • Common Area Amenities:Fitness Room: Yes
  • Common Area Amenities:Pool: Yes
  • AssociationOccupant:Currently Occupied: Call Listing Agent
  • Association Fees Included:Com Area Taxes: Yes
  • Association Fees Included:Insurance: Yes
  • Association Fees Included:Management Fees: Yes
  • Association Fees Included:ReserveContingency Fund: Yes
  • Association Fees Included:Snow Removal: Yes
  • Common Area Amenities:Pets Allowed wRestrictions: Yes
  • Common Area Amenities:Shuttle Service2: Yes
  • Association Fees Included:Amenities: Yes
  • Association Fees Included:Maintenance Exterior: Yes
  • Association Fees Included:Maintenance Grounds: Yes
  • Association Fees Included:Security: Yes
  • Association Fees Included:Shuttle Service: Yes
  • Membership Amenities:Ski Club Membership: Not Available
  • Common Area Amenities:Elevator(s): Yes
  • Common Area Amenities:Management: Yes
  • Common Area Amenities:Laundry: Yes

Condo/Co-op/Association

  • Amenities: Fitness Room, Pets Allowed w/Restrictions, Pool, Shuttle Service
  • Association Fee: 1896.0
  • Association Fee Frequency: Quarterly
  • Phone: 435-649-5500
  • Association: Yes

Fee Information

  • Association Fee Includes: Amenities, Com Area Taxes, Insurance, Maintenance Exterior, Maintenance Grounds, Management Fees, Reserve/Contingency Fund, Security, Shuttle Service, Snow Removal

Lot Info

  • Development Status: Construction Status
  • Lot Size Sq Ft: 871.2
  • Parcel #: Slk-502
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2700.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Nov 3, 2023
Sold by
Hauser Todd and Mcnew Barbara
Bought by
Conrad Douglas Clinton and Burris Jennifer Marye
Seller's Agent
Hong McDonald
KW Park City Keller Williams Real Estate
Buyer's Agent
Maverick Bolger
KW Park City Keller Williams Real Estate
List Price
$788,000
Views
73
Current Estimated Value
$821,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$611,200
Outstanding Balance
$599,889
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$221,232

Purchase Details

Listed on
Mar 21, 2019
Closed on
Aug 7, 2019
Sold by
Alcalde Karen
Bought by
Hauser Todd and Mcnew Barbara
Seller's Agent
Jeff Coe
Windermere RE Utah - Park Ave
Buyer's Agent
Hong McDonald
KW Park City Keller Williams Real Estate
List Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.54%
Original Mortgage
$288,750
Interest Rate
3.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List 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
Conrad Douglas Clinton -- Metro National Title
Hauser Todd -- Real Advantage Ttl Ins Agcy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conrad Douglas Clinton $611,200
Closed Conrad Douglas Clinton $611,200
Previous Owner Hauser Todd $288,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2023 11/02/23 Sold -- -- --
09/28/2023 09/28/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $788,000 0.0% $891 / Sq Ft
08/14/2023 08/14/23 Off Market -- -- --
07/31/2023 07/31/23 For Sale $788,000 0.0% $891 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $788,000 +89.9% $891 / Sq Ft
08/07/2019 08/07/19 Sold -- -- -- View Prior Sale
06/28/2019 06/28/19 Pending -- -- --
09/20/2017 09/20/17 For Sale $415,000 -- $469 / 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 $3,501 $798,300 -- $798,300
2023 $3,501 $620,900 $0 $620,900
2022 $2,701 $410,000 $150,000 $260,000
2021 $2,858 $375,000 $150,000 $225,000
2020 $2,791 $345,000 $150,000 $195,000
2019 $2,840 $345,000 $150,000 $195,000
2018 $2,840 $345,000 $150,000 $195,000
2017 $2,502 $320,000 $125,000 $195,000
2016 $2,370 $295,000 $100,000 $195,000
2015 $2,332 $275,000 $0 $0
2013 $1,865 $205,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 12302414

Park City Board of REALTORS®

APN: SLK-502