NOT LISTED FOR SALE

1601 Cutter Ln Park City, UT 84098

Estimated Value: $2,795,000 - $3,505,387

-- Bed
1 Bath
4,318 Sq Ft
$738/Sq Ft Est. Value

About This Home

This home is located at 1601 Cutter Ln, Park City, UT 84098 and is currently estimated at $3,188,097, approximately $738 per square foot. 1601 Cutter Ln is a home located in Summit County with nearby schools including Parley's Park Elementary School, Ecker Hill Middle School, and Treasure Mountain Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2025
Sold by
Madsen Peter Ramsey and Madsen Elizabeth
Bought by
P Ramsey And Elizabeth Madsen Revocable Trust and Madsen
Current Estimated Value
$3,188,097

Purchase Details

Closed on
Oct 2, 2014
Sold by
Vesly Thomas and The James T Vesely Trust
Bought by
Madsen Peter Ramsey and Madsen Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,720
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 6, 2007
Sold by
Matheson Stuart T
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
P Ramsey And Elizabeth Madsen Revocable Trust -- None Listed On Document
P Ramsey And Elizabeth Madsen Revocable Trust -- None Listed On Document
Madsen Peter Ramsey -- First American Title
Federal National Mortgage Association -- Inwest Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madsen Peter Ramsey $251,720
Source: Public Records

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 $9,468 $2,019,612 $440,000 $1,579,612
2023 $9,468 $1,654,363 $440,000 $1,214,363
2022 $10,278 $1,587,640 $440,000 $1,147,640
2021 $7,356 $987,318 $220,000 $767,318
2020 $6,471 $820,509 $220,000 $600,509
2019 $11,426 $1,382,652 $400,000 $982,652
2018 $4,266 $516,183 $240,000 $276,183
2017 $1,659 $216,000 $216,000 $0
2016 $1,785 $216,000 $216,000 $0
2015 $1,891 $216,000 $0 $0
2013 $2,138 $230,000 $0 $0
Source: Public Records

Map

Utah Summit County Park City 84098

1601 Cutter Ln, Park City, UT

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