NOT LISTED FOR SALE

1861 N Cove Springs Way E Heber City, UT 84032

Estimated Value: $1,054,000 - $1,477,000

0.46 Acre
$2,620,504 Price per Acre
20,038 Sq Ft Lot

Last Sold July 29, 2019

Current estimated payment $6,639/month

236 Days on Market

Highlights

  • 0.46 Acre Lot
  • Mountain View
  • No HOA

About This Lot

As of July 2019

Great Lot in the Cove! Build your dream home on this .46 acre lot in the Cove! Live in the beautiful Heber Valley with close access to World Class Skiing in Park City, 108 holes of championship golf, 2 reservoirs on either side of the valley and many recreational opportunities. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.

Last Agent to Sell the Property

Mark Davis

Davis Coleman Realty License #6950394-PB00 Listed on: 10/30/2018

Last Buyer's Agent

Mark Davis

C-21 Davis-Coleman Midway

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,298

Lot Details

  • 0.46 Acre Lot
  • Sloped Lot
  • Irrigation

Property Views

  • Mountain
  • Valley

Utilities

  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • The Cove Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-0020-4214

Property Details

Property Type

Land

Est. Annual Taxes

$1,298

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Property Sub Type: Residential
  • Lot Size Acres: 0.46
  • Subdivision Name: The Cove Estates
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 00-0020-4214
  • Property Info:Apx Taxes: 1298.0
  • Property Info:Tax Year2: 2017
  • Property Info:Access: Year Round
  • Size of Lot:Apx Lot Size (SqFt)3: 20038.0
  • Size of Lot:Apx Acres3: 0.46
  • Property Description:Gradual Slope: Yes
  • Views:Mountain(s): Yes
  • Sewage:Public Sewer: Yes
  • Views:Valley: Yes
  • Water:Public2: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Water Irrigation: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Gradual Slope
  • View: Mountain(s), Valley

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Water Source: Irrigation, Public

Condo/Co-op/Association

  • Amenities: Pets Allowed
  • Association: No

Association/Amenities

  • AssociationOccupant:HOA Dues: No
  • Common Area Amenities:Pets Allowed: Yes

Lot Info

  • Lot Size Sq Ft: 20037.6
  • Parcel #: 00-0020-4214
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1298.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2024
Sold by
Koon Richard L and Koon Michelle Y
Bought by
Koon Richard and Koon Michelle
Current Estimated Value
$1,205,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$1,083,255
Interest Rate
7.29%
Mortgage Type
Construction
Estimated Equity
$122,177

Purchase Details

Listed on
Oct 30, 2018
Closed on
Jul 19, 2019
Sold by
Ritchie Enterprises
Bought by
Koon Richard L and Koon Michelle Y
Seller's Agent
Mark Davis
Davis Coleman Realty
Buyer's Agent
Mark Davis
C-21 Davis-Coleman Midway
List Price
$169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.93%
Original Mortgage
$141,600
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2018
Sold by
Mcquarrie Melvin C
Bought by
Ritchie Enterprises

Purchase Details

Closed on
Dec 20, 2010
Sold by
Mwe Cove Llc
Bought by
Mcquarrie Melvin C
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
Koon Richard -- Us Title
Koon Richard L -- Atlas Title Heber City
Ritchie Enterprises -- None Available
Mcquarrie Melvin C -- Founders Title Company Heber
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koon Richard $1,100,000
Previous Owner Koon Richard L $141,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2019 07/29/19 Sold -- -- --
06/24/2019 06/24/19 Pending -- -- --
10/30/2018 10/30/18 For Sale $169,000 -- --
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
2025 $3,801 $410,867 $280,000 $130,867
2024 $3,801 $410,867 $280,000 $130,867
2023 $3,801 $280,000 $280,000 $0
2022 $1,821 $180,000 $180,000 $0
2021 $1,910 $150,000 $150,000 $0
2020 $1,962 $150,000 $150,000 $0
2019 $1,301 $105,000 $0 $0
2018 $1,301 $105,000 $0 $0
2017 $1,308 $105,000 $0 $0
2016 $1,343 $105,000 $0 $0
2015 $1,281 $105,000 $105,000 $0
2014 $985 $105,000 $105,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Davis

    Seller's Agent in 2019

    Mark Davis

    Davis Coleman Realty

    (801) 822-4726

    13 in this area

    32 Total Sales

    Mark Davis
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Map

Source: Park City Board of REALTORS®

MLS Number: 11807818

Park City Board of REALTORS®

APN: 00-0020-4214

Utah Wasatch County Heber City 84032

1861 N Cove Springs Way E, Heber City, UT

This home is located at 1861 N Cove Springs Way E, Heber City, UT 84032 since 30 October 2018 and is currently estimated at $1,205,432. 1861 N Cove Springs Way E is a home located in Wasatch County with nearby schools including J.R. Smith Elementary School, Rocky Mountain Middle School, and Wasatch High School.

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