1492 Meadow Loop Rd Park City, UT 84098
Estimated Value: $1,780,000 - $2,241,000
5
Beds
5
Baths
3,162
Sq Ft
$611/Sq Ft
Est. Value
Highlights
- Views of Ski Resort
- Guest House
- Deck
- Parley's Park Elementary School Rated A-
- Open Floorplan
- Vaulted Ceiling
About This Home
As of April 2022This spacious 5 bed/5 bath home in the desirable Silver Springs area offers an ideal layout with multiple gathering spaces for family and guests to enjoy. The recently remodeled Gourmet kitchen is light and bright, offering alder cabinetry, granite countertops, stainless appliances and a raised island/bar. New engineered wood flooring offers minimal maintenance. The centerpiece of the living room is the gas fireplace with onyx surround, vaulted ceilings, and double height windows embrace the mountain views and sunshine. This corner location offers raised beds for vegetable gardening on the south side and a relaxing deck area on the north side. The two-car garage and extended south and west facing driveway allows parking for four vehicles. An open stairwell with metal railings and carpet leads to the two Master Bedrooms and a third bedroom. The Master Bedroom suite offers mountain views of the ski resorts and includes new marble countertops, dual sinks, an oversized shower, and a stacked gas washer/dryer as well as a spacious, custom outfitted walk-in closet. Downstairs, there's two additional bedrooms, one of which can also be used as a third living area, with a workroom area for bikes outdoor equipment. Already having two kitchens, this home can easily be updated to function similar to a duplex.
Neighborhood amenities are numerous, including two nearby lakes for paddleboarding, fishing or canoeing, parks, playgrounds, and paved or gravel trails for biking or hiking. The groomed Nordic trails at Willow Creek Loop are just a few blocks away, providing connectivity all the way into Park City. Parley's Park Elementary School is a short walk with safe sidewalk access. Canyons Village is nearby, offering access to Park City Mountain Resort, Utah Olympic Park, Swaner Nature Preserve, and the shopping and action at Kimball Junction are just to the north. Skiing at Deer Valley® Resort or the fine dining on historic Old Town are a short jaunt away.
Last Agent to Sell the Property
Derrik Carlson
KW Park City Keller Williams Real Estate Heber Val Listed on: 11/29/2021
Last Buyer's Agent
Patricia Gumina-McMillen
KW Park City Keller Williams Real Estate
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,539
Year Built
- Built in 1989 | Remodeled in 2021
Lot Details
- 7,405 Sq Ft Lot
- Partially Fenced Property
- Landscaped
- Corner Lot
- Level Lot
- Partial Sprinkler System
HOA Fees
- $42 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Guest Parking
Property Views
- Ski Resort
- Woods
- Trees
- Mountain
Home Design
- Mountain Contemporary Architecture
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Asphalt Roof
- Wood Siding
- HardiePlank Siding
- Stone Siding
- Concrete Perimeter Foundation
- Stone
Interior Spaces
- 3,162 Sq Ft Home
- Multi-Level Property
- Open Floorplan
- Vaulted Ceiling
- Ceiling Fan
- 3 Fireplaces
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Great Room
- Family Room
- Dining Room
- Home Office
- Storage
- Tile Flooring
- Fire and Smoke Detector
Kitchen
- Oven
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- In-Law or Guest Suite
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Deck
- Porch
Additional Homes
- Guest House
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Private Water Source
- Gas Water Heater
- High Speed Internet
- Multiple Phone Lines
- Phone Available
- Cable TV Available
Community Details
- Association Phone (435) 602-3732
- Silver Springs Subdivision
Listing and Financial Details
- Assessor Parcel Number Mw-1-21
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 29, 2021
Closed on
Apr 6, 2022
Sold by
Anne Alden
Bought by
Rami George Asmar Living Trust
Seller's Agent
Derrik Carlson
KW Park City Keller Williams Real Estate Heber Val
Buyer's Agent
Patricia Gumina-McMillen
KW Park City Keller Williams Real Estate
List Price
$2,300,000
Sold Price
$2,200,000
Premium/Discount to List
-$100,000
-4.35%
Total Days on Market
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$268,537
Avg. Annual Appreciation
-3.99%
Original Mortgage
$1,540,000
Outstanding Balance
$1,464,180
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$467,283
Purchase Details
Listed on
Nov 29, 2021
Closed on
Apr 1, 2022
Sold by
Anne Alden
Bought by
Rami George Asmar Living Trust
Seller's Agent
Derrik Carlson
KW Park City Keller Williams Real Estate Heber Val
Buyer's Agent
Patricia Gumina-McMillen
KW Park City Keller Williams Real Estate
List Price
$2,300,000
Sold Price
$2,200,000
Premium/Discount to List
-$100,000
-4.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,540,000
Outstanding Balance
$1,464,180
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$467,283
Purchase Details
Closed on
Jun 10, 2010
Sold by
Mcgrail Jacquelyn A
Bought by
Alden Anne
Purchase Details
Closed on
May 26, 2009
Sold by
The Bank Of New York
Bought by
Mcgrail Jacquelyn A
Similar Homes in Park City, UT
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rami George Asmar Living Trust | -- | First American Title | |
| Rami George Asmar Living Trust | -- | First American Title | |
| Alden Anne | -- | -- | |
| Mcgrail Jacquelyn A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rami George Asmar Living Trust | $1,540,000 | |
| Closed | Rami George Asmar Living Trust | $1,540,000 | |
| Previous Owner | Alden Anne | $350,000 | |
| Previous Owner | Alden Anne | $484,350 | |
| Previous Owner | Alden Anne | $417,000 | |
| Previous Owner | Alden Anne | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/06/2022 04/06/22 | Sold | -- | -- | -- |
| 01/29/2022 01/29/22 | Pending | -- | -- | -- |
| 11/29/2021 11/29/21 | For Sale | $2,300,000 | -- | $727 / 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 | $10,999 | $1,921,920 | $550,000 | $1,371,920 |
| 2022 | $11,532 | $1,781,329 | $550,000 | $1,231,329 |
| 2021 | $3,992 | $513,925 | $88,000 | $425,925 |
| 2020 | $2,528 | $320,612 | $88,000 | $232,612 |
| 2019 | $2,650 | $320,612 | $88,000 | $232,612 |
| 2018 | $2,272 | $274,931 | $82,500 | $192,431 |
| 2017 | $2,112 | $274,931 | $82,500 | $192,431 |
| 2016 | $2,150 | $260,178 | $82,500 | $177,678 |
| 2015 | $2,384 | $272,248 | $0 | $0 |
| 2013 | $2,091 | $224,970 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2022
Derrik Carlson
KW Park City Keller Williams Real Estate Heber Val
-
P
Buyer's Agent in 2022
Patricia Gumina-McMillen
KW Park City Keller Williams Real Estate
Map
Source: Park City Board of REALTORS®
MLS Number: 12104662
APN: MW-1-21
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