NOT LISTED FOR SALE

2491 N River Meadows Dr Midway, UT 84049

Estimated Value: $1,758,000 - $3,102,000

1.11 Acres
$2,259,237 Price per Acre
48,352 Sq Ft Lot

Last Sold December 23, 2020

Current estimated payment $14,824/month

193 Days on Market

Highlights

  • River View
  • Property is near a preserve or public land
  • Creek or Stream
  • Midway Elementary School Rated A-

About This Lot

As of December 2020

When people think of Midway, they think of the outdoors, from backcountry snowmobiling and off-road ATVs to golf and summer concerts. They also think of luxury homes and resort living. The building pad on this over 1.0-acre lot sits high off of the road, giving way to superior unobstructed views of the mountains and rivers. Not only will the new owner love the easy build, but they will also love walking over to some of the best fly fishing anywhere once their home is complete. Being just minutes from skiing in the best snow on earth is a bonus! There are trails right outside your future door that lead to mountain biking and hiking - not to mention over 80 holes of public golf right around the corner. Simply the best of the best!

Last Listed By

Bradley Thompson

Summit Sotheby's - 545 Main Listed on: 10/29/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,681

Year Built

  • 2022

Lot Details

  • 1.11 Acre Lot
  • Creek or Stream

HOA Fees

  • $63 Monthly HOA Fees

Property Views

  • River
  • Lake
  • Creek or Stream
  • Mountain
  • Valley

Utilities

  • Natural Gas Connected
  • Private Water Source
  • Phone Available

Community Details

  • River Meadows Ranch Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 00-0020-7595

Property Details

Property Type

Land

Est. Annual Taxes

$3,681

Year Built

2022

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Property Sub Type: Residential
  • Lot Size Acres: 1.11
  • Subdivision Name: River Meadows Ranch
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 00-0020-7595
  • Property Info:Apx Taxes: 3681.0
  • Property Info:Tax Year2: 2019
  • Property Info:Access: Year Round
  • Size of Lot:Apx Lot Size (SqFt)3: 48352.0
  • Size of Lot:Apx Acres3: 1.11
  • Views:Mountain(s): Yes
  • Utilities:Phone Available: Yes
  • Water:Private2: Yes
  • Sewage:Public Sewer: Yes
  • Views:Lake: Yes
  • Views:Valley: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Views:River: Yes
  • Property Description:Adjacent Public Land: Yes
  • Views:CreekStream2: Yes
  • Special Features: VirtualTour
  • Year Built (Public Record): 2022

Exterior Features

  • Other Structures: Creek/Stream
  • Lot Features: Adjacent Public Land
  • View: Lake, Mountain(s), River, Valley

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 750.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 750.0
  • AssociationOccupant:HOA Dues Frequency: Annually
  • AssociationOccupant:HOA Contact: CLA
  • Association Fees Include:Com Area Taxes2: Yes
  • Association Fees Include:Insurance2: Yes
  • Association Fees Include:Maintenance Grounds2: Yes

Lot Info

  • Lot Size Sq Ft: 48351.6
  • Parcel #: 00-0020-7595
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3681.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 22, 2020
Sold by
Williams Nathan and Williams Melanie
Bought by
Froehlich Christine K and Froehlich Christine K
Seller's Agent
Bradley Thompson
Summit Sotheby's - 545 Main
Buyer's Agent
Robin Strange
Coldwell Banker Realty (Park City-NewPark)
List Price
$330,000
Sold Price
$310,000
Premium/Discount to List
-$20,000
-6.06%
Total Days on Market
193
Current Estimated Value
$2,507,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,197,753
Avg. Annual Appreciation
60.00%
Original Mortgage
$248,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2017
Sold by
Wentworth Development Llc
Bought by
Williams Nathan and Williams Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

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
Froehlich Christine K -- Us Title Insurance Agency
Williams Nathan -- Cottonwood Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Froehlich Christine K $2,500,000
Closed Froehlich Christine K $2,500,000
Closed Froehlich Christine K $248,000
Previous Owner Williams Nathan $140,000
Previous Owner Wentworth Development Llc $1,950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2020 12/23/20 Sold -- -- --
11/24/2020 11/24/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $330,000 -- --
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
2024 $10,280 $2,187,806 $786,000 $1,401,806
2023 $10,280 $1,184,384 $611,000 $573,384
2022 $2,857 $305,500 $305,500 $0
2021 $3,591 $305,500 $305,500 $0
2020 $4,006 $330,500 $330,500 $0
2019 $3,736 $330,500 $0 $0
2018 $2,035 $180,000 $0 $0
2017 $2,033 $180,000 $0 $0
2016 $2,017 $175,000 $0 $0
2015 $1,901 $175,000 $175,000 $0
2014 $1,967 $175,000 $175,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 12001391

Park City Board of REALTORS®

APN: 00-0020-7595