NOT LISTED FOR SALE

2403 Palomino Trail Park City, UT 84098

Estimated Value: $3,597,000 - $4,980,000

5 Beds
4.5 Baths
6,148 Sq Ft
$742/Sq Ft Est. Value

Last Sold January 14, 2022

Current estimated payment $25,357/month

1 Day on Market

Highlights

  • Steam Room
  • Fitness Center
  • Clubhouse
  • South Summit High School Rated 9+
  • Mountain View
  • Deck

About This Home

As of January 2022

Spectacular Promontory Home updated and looking for a new family. Indulge yourself in the huge ski views from Deer Valley to the Olympic Sports Park Village. You will never tire of these amazing views! Enjoy this quaint 5-bedroom home with 4 cozy fireplaces. A private guest wing separated from the master and family bedrooms. Everyone will have their own space in this family home. A large spacious kitchen is enhanced with a butler's pantry for the family chef to enjoy! The kitchen flows into a nice large dining area, plus a family room to gather in front of the large stone fireplace. The lower level offers an additional family room to meet and greet, along with a bar/game room to cheer on your favorite sports team. An elevator is included, with additional flex space. This home has it all for the comfort of mountain family living! Enjoy the covered deck to watch the beautiful snow-covered ski mountains! New exterior stone to enhance the drive-up appeal. Landscape plans and credit available. Plus, a spacious 3 car garage for the whole family. A Promontory Full Golf Membership available. Furnishing's negotiable. A must see before it is gone!

Last Agent to Sell the Property

Cindy Corbin

Summit Sotheby's International Realty License #5450950-AB00 Listed on: 12/22/2021

Last Buyer's Agent

Marcie Davis

John R. Desha Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,221

Year Built

  • Built in 2015

Lot Details

  • 0.78 Acre Lot
  • Property fronts a private road
  • Gated Home
  • Landscaped
  • Sloped Lot

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Property Views

  • Mountain
  • Valley

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 6,148 Sq Ft Home
  • Elevator
  • Wet Bar
  • Partially Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Fireplace
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Office
  • Storage
  • Laundry Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Accessible Home Design

  • Adaptable Bathroom Walls
  • Lowered Light Switches
  • Wheelchair Access
  • Accessible Doors
  • Accessible Approach with Ramp

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Private Water Source
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Sprinkler System
  • Riding Trail

Listing and Financial Details

  • Assessor Parcel Number Bb-27

Community Details

Overview

  • Association fees include com area taxes, insurance, ground maintenance, reserve/contingency fund, shuttle service, snow removal
  • Association Phone (435) 333-4063
  • Bison Bluffs Subdivision

Amenities

  • Steam Room
  • Sauna
  • Shuttle
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Horse Trails
  • Trails

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,221

Year Built

Built in 2015

Lot Details

0

HOA Fees

$300 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Road Frontage Type: Gated, Private Road
  • Road Surface Type: Paved
  • Study/Office/Den: 1
  • Property Sub Type: Detached
  • Lot Size Acres: 0.78
  • Subdivision Name: Bison Bluffs
  • Architectural Style: Ranch/Rambler
  • New Construction: No
  • Year Built: 2015
  • ResoBuildingAreaSource: PublicRecords
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Bb-27
  • Property Info:Apx Taxes: 20221.0
  • Property Info:Tax Year2: 2021
  • Property Info:Access: Year Round
  • Property Description:Gradual Slope: Yes
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Water:Private2: Yes
  • Sewage:Public Sewer: Yes
  • Views:Valley: Yes
  • Recreation Access:HikeBike Trail - Adjoining Project: Yes
  • Road Frontage Type:Gated: Yes
  • Road Frontage Type:Private Road: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Construction Status: Complete
  • Property Info:Total Fireplaces: 2
  • Property Info:Accessory Dwelling Unit YN: No
  • Size of HouseLot:Apx SqFt Finished: 6148.0
  • Size of HouseLot:Apx Acres2: 0.78
  • Style:RanchRambler: Yes
  • Exterior:Stone: Yes
  • Roof:Metal: Yes
  • Cooling:Central Air: Yes
  • Equipment:Smoke Alarm: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Wood2: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Garage Type Attached: Yes
  • Room Totals:Family Room7: 2
  • Room Totals:Fireplace8: 3
  • Exterior:Wood Siding: Yes
  • Room Totals:Dining Room7: 1
  • Room Totals:Great Room7: 1
  • Other Park Type:Off Street - Unassigned: Yes
  • Dining Area:Formal Dining: Yes
  • Recreation Access:Horse Trail: Yes
  • Dining Area:Breakfast Nook: Yes
  • Disability Features:Accessible Approach with Ramp: Yes
  • Disability Features:Light Switches: Yes
  • Foundation:Slab: Yes
  • Room Totals:Laundry8: 4
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Oven, Refrigerator, Other
  • Flooring: Wood
  • Interior Amenities: Elevator, Storage, Ceiling Fan(s), Ceiling(s) - 9 Ft Plus, Furnished - Partially, Main Level Master Bedroom, Pantry, Wet Bar
  • Other Equipment: Appliances, Smoke Alarm
  • Accessibility Features: Accessible Approach with Ramp, Accessible Doors, Adaptable Bathroom Walls, Light Switches
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 3
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling(s) - 9 Ft Plus: Yes
  • Interior Features:Main Level Master Bedroom: Yes
  • Interior Features:Pantry: Yes
  • Number of Fireplaces Gas: Yes
  • Appliances: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Furnished - Partially: Yes
  • Interior Features:Wet Bar: Yes
  • Disability Features:Adaptable Bathroom Walls: Yes
  • Interior Features:Storage2: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Exterior Features: Balcony, Deck(s), Drip Irrigation, Landscaped - Fully, Lawn Sprinkler - Full, Patio(s), Wheel Chair Access
  • Roof: Metal
  • Lot Features: Gradual Slope
  • View: Mountain(s), Valley
  • Construction Type: Stone, Wood Siding
  • Foundation Details: Slab
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Landscaped - Fully: Yes
  • Exterior Features:Lawn Sprinkler - Full: Yes
  • Exterior Features:Patio(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Drip Irrigation: Yes
  • Construction:Frame - Wood: Yes
  • Disability Features:Accessible Doors: Yes
  • Exterior Features:Wheel Chair Access: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Oversized
  • Property Info:Parking Spaces Covered: 3
  • Garage Type:Oversized: Yes

Utilities

  • Cooling: Air Conditioning, Central Air
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Private
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Air Conditioner: Yes

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 900.0
  • AssociationOccupant:HOA Dues Frequency: Quarterly
  • AssociationOccupant:HOA Contact: Logan Finlayson
  • AssociationOccupant:HOA Contact Phone: 435-333-4063
  • Common Area Amenities:Clubhouse: Yes
  • 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:ReserveContingency Fund: Yes
  • Association Fees Included:Snow Removal: Yes
  • Common Area Amenities:Pets Allowed wRestrictions: Yes
  • Common Area Amenities:Shuttle Service2: Yes
  • Common Area Amenities:Steam Room: Yes
  • Common Area Amenities:Tennis Courts: Yes
  • Association Fees Included:Maintenance Grounds: Yes
  • Common Area Amenities:Security System - Entrance: Yes
  • Association Fees Included:Shuttle Service: Yes
  • Common Area Amenities:Sauna: Yes
  • Association Fees Included:Other3: Yes
  • Association Fees Included:See Remarks25: Yes
  • Common Area Amenities:SpaHot Tub: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Fitness Room, Pets Allowed w/Restrictions, Pool, Sauna, Security System - Entrance, Shuttle Service, Steam Room, Tennis Courts, Hot Tub
  • Association Fee: 900.0
  • Association Fee Frequency: Quarterly
  • Phone: 435-333-4063
  • Association: Yes

Fee Information

  • Association Fee Includes: Com Area Taxes, Insurance, Maintenance Grounds, Reserve/Contingency Fund, Shuttle Service, Snow Removal, See Remarks

Lot Info

  • Development Status: Construction Status
  • Horse Amenities: Riding Trail
  • Lot Size Sq Ft: 33976.8
  • Parcel #: Bb-27
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 20221.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2021
Closed on
Mar 4, 2022
Sold by
Lund Gregg C
Bought by
Karen S Lund Revocable Trust
Seller's Agent
Cindy Corbin
Summit Sotheby's International Realty
Buyer's Agent
Marcie Davis
John R. Desha Real Estate
List Price
$4,195,000
Current Estimated Value
$4,560,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%
Original Mortgage
$750,000
Outstanding Balance
$603,220
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$3,957,303

Purchase Details

Listed on
Dec 22, 2021
Closed on
Feb 28, 2022
Sold by
Lund Gregg C
Bought by
Karen S Lund Revocable Trust
Seller's Agent
Cindy Corbin
Summit Sotheby's International Realty
Buyer's Agent
Marcie Davis
John R. Desha Real Estate
List Price
$4,195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$603,220
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$3,957,303

Purchase Details

Listed on
Dec 22, 2021
Closed on
Jan 14, 2022
Sold by
Edward P Stravitz 1993 Family Trust
Bought by
Lund Gregg and Lund Karen S
Seller's Agent
Cindy Corbin
Summit Sotheby's International Realty
Buyer's Agent
Marcie Davis
John R. Desha Real Estate
List Price
$4,195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$603,220
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$3,957,303

Purchase Details

Listed on
Dec 22, 2021
Closed on
Jan 10, 2022
Sold by
Edward P Stravitz 1993 Family Trust
Bought by
Lund Gregg and Lund Karen S
Seller's Agent
Cindy Corbin
Summit Sotheby's International Realty
Buyer's Agent
Marcie Davis
John R. Desha Real Estate
List Price
$4,195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$603,220
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$3,957,303

Purchase Details

Listed on
Apr 3, 2020
Closed on
Aug 31, 2020
Sold by
Blundell Mark and Blundell Anita
Bought by
Stravitz Joyce B and Stravitz Howard B
Seller's Agent
Kelly Horn
Summit Sotheby's International Realty
Buyer's Agent
Cindy Corbin
Summit Sotheby's International Realty
List Price
$2,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.72%

Purchase Details

Closed on
Jun 9, 2015
Sold by
Rockwood Group Llc
Bought by
Blundell Mark and Blundell Anita

Purchase Details

Closed on
Apr 2, 2010
Sold by
Zions First National Bank
Bought by
Rockwood Group Llc

Purchase Details

Closed on
Jan 14, 2010
Sold by
Granum Bryan
Bought by
Zions First National Bank

Purchase Details

Closed on
Dec 29, 2005
Sold by
Pivotai Promontory Development Llc
Bought by
Granum Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Karen S Lund Revocable Trust -- --
Lund Gregg C -- Metro National Title
Karen S Lund Revocable Trust -- --
Lund Gregg C -- Metro National Title
Lund Gregg -- Metro National Title
Edward P Stravitz 1993 Family Trust -- --
Lund Gregg -- Metro National Title
Edward P Stravitz 1993 Family Trust -- --
Stravitz Joyce B -- Metro National Title
Blundell Mark -- Park City Title
Rockwood Group Llc -- --
Zions First National Bank -- --
Granum Bryan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lund Gregg C $750,000
Previous Owner Granum Bryan $333,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2022 01/14/22 Sold -- -- --
12/24/2021 12/24/21 Pending -- -- --
12/22/2021 12/22/21 For Sale $4,195,000 +90.7% $682 / Sq Ft
09/01/2020 09/01/20 Sold -- -- -- View Prior Sale
07/20/2020 07/20/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $2,200,000 -- $424 / 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 $14,247 $2,129,187 $357,500 $1,771,687
2023 $14,247 $2,457,277 $357,500 $2,099,777
2022 $12,063 $1,807,712 $272,250 $1,535,462
2021 $20,221 $2,447,499 $300,000 $2,147,499
2020 $15,410 $1,745,774 $300,000 $1,445,774
2019 $9,174 $960,176 $165,000 $795,176
2018 $8,779 $918,926 $123,750 $795,176
2017 $8,324 $905,176 $110,000 $795,176
2016 $4,031 $409,937 $160,000 $249,937
2015 $1,614 $160,000 $0 $0
2013 $1,513 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 12104884

Park City Board of REALTORS®

APN: BB-27