M
Seller's Agent in 2021
Molly Crosswhite
Summit Sotheby's International Realty (625 Main)
2251 Morning Star Dr Park City, UT 84060
Estimated Value: $7,558,000 - $10,489,690
5
Beds
7.5
Baths
8,287
Sq Ft
$1,044/Sq Ft
Est. Value
Highlights
- Views of Ski Resort
- Steam Room
- New Construction
- Parley's Park Elementary School Rated A-
- Home Theater
- 0.27 Acre Lot
About This Home
As of June 2021Live life to the fullest in this brand-new expansive 8000+ square foot residence on the Park City golf course. The heightened attention to detail around sophisticated aesthetics, natural room flow and ease of function is what shines in this home. Special attributes include
a hand-laid heated paver driveway, elegant copper downspouts, reclaimed Wisconsin barn wood siding with hand-hewn-style posts and beams inside and out, and a main level modern gourmet kitchen with Sub Zero and Wolf appliances augmented by a spacious butler's
pantry. Perfect for entertaining family and friends, the glass-enclosed main level living room opens onto an aspen grove overlooking the golf course with ski run views beyond. A second kitchen located on the lower ''entertainment'' level, truly feels like
a second home with 11'6'' ceilings, another spacious living room, and three adjacent guest suites just steps away from a private hot tub tucked into a handcrafted stone and wood grotto. On the upper level, you'll find an uniquely-inspired master suite with
barnwood-clad walls, tree-house views and ultra-luxe bathroom and finishes. Other features include a private upper level office loft with wet bar, copious amounts of shelving and cabinet storage, a choice of fire pit conversation areas, and a fully enclosed
dry sauna. The features list continues with radiant heat throughout, a forced air furnace with 2 AC condensers, and an outdoor enthusiast's dream three-car garage with custom cabinetry and storage depth. Live your best life in Park City, from this captivating
custom home on a quiet, private cul-de-sac in the heart of town.
Last Agent to Sell the Property
Molly Crosswhite
Summit Sotheby's International Realty (625 Main) Listed on: 05/04/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,656
Year Built
- Built in 2020 | New Construction
Lot Details
- 0.27 Acre Lot
- Cul-De-Sac
- Landscaped
- Secluded Lot
- Sprinkler System
Parking
- 3 Car Attached Garage
- Utility Sink in Garage
- Heated Garage
- Garage Door Opener
Property Views
- Ski Resort
- Golf Course
- Woods
- Trees
- Mountain
Home Design
- Contemporary Architecture
- Slab Foundation
- Asphalt Roof
- Metal Roof
- Wood Siding
- Stone Siding
- Stone
Interior Spaces
- 8,287 Sq Ft Home
- Wet Bar
- Central Vacuum
- Sound System
- Vaulted Ceiling
- Ceiling Fan
- 4 Fireplaces
- Gas Fireplace
- Great Room
- Formal Dining Room
- Home Theater
- Home Office
- Storage
- Steam Room
- Sauna
Kitchen
- Eat-In Kitchen
- Double Oven
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Radiant Floor
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
Laundry
- Laundry Room
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Zoned Heating and Cooling System
- Boiler Heating System
- High-Efficiency Furnace
- Programmable Thermostat
- Natural Gas Connected
- Tankless Water Heater
- Water Softener is Owned
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number Th-3-7
Community Details
Overview
- No Home Owners Association
- Thaynes Canyon Subdivision
Recreation
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2021
Closed on
Jun 28, 2021
Sold by
Erickson Derek
Bought by
Wilson Justin Lawrence and Wilson Michelle Hill
Seller's Agent
Molly Crosswhite
Summit Sotheby's International Realty (625 Main)
Buyer's Agent
Christine Grenney
Summit Sotheby's International Realty
List Price
$6,950,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%
Original Mortgage
$4,000,000
Outstanding Balance
$3,570,796
Interest Rate
1.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,466,310
Purchase Details
Closed on
Oct 23, 2019
Sold by
Pcbc Lot 19 Llc
Bought by
Erickson Derek
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,179,977
Interest Rate
3.7%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 11, 2018
Sold by
Shearman Cindy
Bought by
Pcbc 19 Llc
Purchase Details
Closed on
Aug 30, 2005
Sold by
Kenyon Donald C and Kenyon Carol S
Bought by
Shearman Cindy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| Wilson Justin Lawrence | -- | First American Title | |
| Erickson Derek | -- | Accommodation | |
| Pcbc 19 Llc | -- | First American Title | |
| Shearman Cindy | -- | Equity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cottis Shan | $100,000 | |
| Open | Wilson Justin Lawrence | $4,000,000 | |
| Previous Owner | Erickson Derek | $2,179,977 | |
| Previous Owner | Shearman Cindy | $100,000 | |
| Previous Owner | Shearman Cindy | $520,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2021 06/29/21 | Sold | -- | -- | -- |
| 05/29/2021 05/29/21 | Pending | -- | -- | -- |
| 05/04/2021 05/04/21 | For Sale | $6,950,000 | -- | $839 / 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 | $25,634 | $4,546,632 | $440,000 | $4,106,632 |
| 2022 | $21,993 | $3,338,799 | $440,000 | $2,898,799 |
| 2021 | $10,917 | $1,432,719 | $251,680 | $1,181,039 |
| 2020 | $3,656 | $452,000 | $352,000 | $100,000 |
| 2019 | $2,898 | $352,000 | $352,000 | $0 |
| 2018 | $2,182 | $265,100 | $193,600 | $71,500 |
| 2017 | $2,073 | $265,100 | $193,600 | $71,500 |
| 2016 | $2,504 | $265,100 | $193,600 | $71,500 |
| 2015 | $2,248 | $265,100 | $0 | $0 |
| 2013 | $2,411 | $265,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Michael LaPay
Seller Co-Listing Agent in 2021
Michael LaPay
Summit Sotheby's International Realty (625 Main)
(435) 640-5700
61 in this area
218 Total Sales
-
Christine Grenney
Buyer's Agent in 2021
Christine Grenney
Summit Sotheby's International Realty
(435) 640-4238
39 in this area
222 Total Sales
Map
Source: Park City Board of REALTORS®
MLS Number: 12101734
APN: TH-3-7
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