25 Prospect Ave Park City, UT 84060
Estimated Value: $1,860,534 - $2,478,000
2
Beds
2
Baths
1,617
Sq Ft
$1,343/Sq Ft
Est. Value
Highlights
- Mountain View
- Mountain Contemporary Architecture
- Great Room
- McPolin Elementary School Rated A
- Furnished
- No HOA
About This Home
As of February 2021This is the opportunity you've been waiting for - prime location in the heart of Old Town! This home is move-in (and/or rental) ready, priced well, and can sleep up to 6! Light and bright, this 2 bed/2 bath home has an updated feel combined with Old Town charm. The spacious great room is perfect for entertaining and the large back deck (overlooking open space) allows you to relax and take in the mountain views. The second bedroom downstairs features a bonus room/flex space, perfect for an office, storage or extra sleeping (currently setup as the bunk room). This home has two dedicated parking spaces, which is very unique and sought after in Old Town. Brand new metal roof and fresh exterior paint make this home shine! It is steps to Main Street, world class skiing, hiking/biking trails out your door – there is no better spot to start your Park City adventure! At this price point, this Old Town treasure is a must see!!
Last Agent to Sell the Property
Ashley Archibald
Engel & Volkers Park City Listed on: 01/01/2021
Co-Listed By
Gretchen Hudgens
Engel & Volkers Park City License #5162400SA00
Last Buyer's Agent
Ryan Dickey
Windermere Real Estate-merged
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,433
Year Built
- Built in 1992
Lot Details
- 1,742 Sq Ft Lot
- South Facing Home
- Southern Exposure
- Landscaped
- Natural State Vegetation
Home Design
- Mountain Contemporary Architecture
- Cottage
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
Interior Spaces
- 1,617 Sq Ft Home
- Furnished
- Ceiling Fan
- Great Room
- Family Room
- Formal Dining Room
- Home Office
- Storage
- Mountain Views
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Oven
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry Room
- Washer
Parking
- No Garage
- Off-Street Parking
- Unassigned Parking
Outdoor Features
- Patio
- Porch
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number Pc-513
Community Details
Overview
- No Home Owners Association
- Park City Survey Subdivision
Recreation
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 1, 2021
Closed on
Feb 19, 2021
Sold by
25 Prospect Associates Llc
Bought by
Pundmann Michael
Seller's Agent
Ashley Archibald
Engel & Volkers Park City
Buyer's Agent
Ryan Dickey
Windermere Real Estate-merged
List Price
$1,245,500
Sold Price
$1,220,000
Premium/Discount to List
-$25,500
-2.05%
Total Days on Market
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$952,384
Avg. Annual Appreciation
14.43%
Original Mortgage
$817,650
Outstanding Balance
$741,245
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,431,139
Purchase Details
Listed on
May 7, 2018
Closed on
Sep 22, 2018
Sold by
Buker Maile
Bought by
25 Prospect Associates Llc
Seller's Agent
Michele Cone
Summit Sotheby's International Realty
Buyer's Agent
Ashley Archibald
BHHS Utah Properties - SV
List Price
$975,000
Sold Price
$712,500
Premium/Discount to List
-$262,500
-26.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.89%
Similar Homes in Park City, UT
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pundmann Michael | -- | Us Title Insurance Agency | |
| 25 Prospect Associates Llc | -- | Park City Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pundmann Michael | $817,650 | |
| Previous Owner | 25 Prospect Associates Llc | $570,000 | |
| Previous Owner | Buker Maile | $110,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/24/2021 02/24/21 | Sold | -- | -- | -- |
| 01/20/2021 01/20/21 | Pending | -- | -- | -- |
| 01/01/2021 01/01/21 | For Sale | $1,245,500 | +27.7% | $770 / Sq Ft |
| 09/24/2018 09/24/18 | Sold | -- | -- | -- |
| 09/06/2018 09/06/18 | Pending | -- | -- | -- |
| 05/07/2018 05/07/18 | For Sale | $975,000 | -- | $603 / 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 | $5,059 | $897,255 | $577,500 | $319,755 |
| 2022 | $4,229 | $641,950 | $440,000 | $201,950 |
| 2021 | $3,399 | $446,079 | $330,000 | $116,079 |
| 2020 | $484 | $417,059 | $330,000 | $87,059 |
| 2019 | $3,433 | $417,059 | $330,000 | $87,059 |
| 2018 | $3,219 | $391,034 | $165,000 | $226,034 |
| 2017 | $2,981 | $381,206 | $165,000 | $216,206 |
| 2016 | $2,826 | $351,723 | $165,000 | $186,723 |
| 2015 | $2,983 | $351,723 | $0 | $0 |
| 2013 | $2,341 | $257,413 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
A
Seller's Agent in 2021
Ashley Archibald
Engel & Volkers Park City
-
G
Seller Co-Listing Agent in 2021
Gretchen Hudgens
Engel & Volkers Park City
-
Buyer's Agent in 2021
Ryan Dickey
Windermere Real Estate-merged
(435) 901-9784
21 in this area
110 Total Sales
-
J
Buyer Co-Listing Agent in 2021
James Kelley
Windermere RE Utah - Park City
-
Michele Cone
M
Seller's Agent in 2018
Michele Cone
Summit Sotheby's International Realty
(435) 602-0886
15 in this area
55 Total Sales
Map
Source: Park City Board of REALTORS®
MLS Number: 12100001
APN: PC-513
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