NOT LISTED FOR SALE

25 Prospect Ave Park City, UT 84060

Estimated Value: $1,899,000 - $2,337,440

2 Beds
2 Baths
1,617 Sq Ft
$1,280/Sq Ft Est. Value

Last Sold February 24, 2021

Current estimated payment $11,399/month

18 Days on Market

Highlights

  • Mountain View
  • Mountain Contemporary Architecture
  • Great Room
  • McPolin Elementary School Rated A
  • Furnished
  • No HOA

About This Home

As of February 2021

This 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

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,433

Year Built

Built in 1992

Lot Details

0

Listing Details

  • MainLevelTotalsFamilyRoom: 1
  • MainLevelTotalsHalfBaths: 1
  • Prop. Type: Residential
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Study/Office/Den: 1
  • Property Sub Type: Detached
  • Lot Size Acres: 0.04
  • Co List Office Mls Id: 3111
  • Co List Office Phone: 435-850-7000
  • Subdivision Name: Park City Survey
  • Architectural Style: Cottage, Mountain Contemporary
  • New Construction: No
  • Year Built: 1992
  • ResoBuildingAreaSource: PublicRecords
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Pc-513
  • Property Info:Apx Taxes: 3433.0
  • Property Info:Tax Year2: 2019
  • Property Info:Access: Year Round
  • Property Description:Natural Vegetation: Yes
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Recreation Access:HikeBike Trail - Adjoining Property: Yes
  • Property Description:South Facing: Yes
  • Water:Public2: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Construction Status: Complete
  • Size of HouseLot:Apx SqFt Finished: 1617.0
  • Size of HouseLot:Apx Acres2: 0.04
  • Style:Mountain Contemporary: Yes
  • Roof:Shingle: Yes
  • Equipment:Smoke Alarm: Yes
  • Equipment:Water Heater - Gas: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Lower Level Totals:Full Baths3: 1
  • Washers: Yes
  • Other Park Type:Unassigned: Yes
  • Room Totals:Dining Room7: 1
  • Room Totals:Great Room7: 1
  • Property Info:Total 34 Baths2: 1
  • Other Park Type:Off Street - Unassigned: Yes
  • Dining Area:Formal Dining: Yes
  • Dining Area:Breakfast Nook: Yes
  • Cooling:None5: Yes
  • Lower Level Totals:StudyOfficeDen3: 1
  • Foundation:Slab: Yes
  • Lower Level Totals:Laundry4: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Refrigerator, Washer
  • Flooring: Carpet, Tile
  • Interior Amenities: Storage, Ceiling Fan(s), Furnished - Fully, Lower Level Walkout
  • Other Equipment: Appliances, Smoke Alarm, Water Heater - Gas
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Furnished - Fully: Yes
  • Interior Features:Lower Level Walkout: Yes
  • Appliances: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Appliances:Gas Dryer Hookup: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Exterior Features: Landscaped - Fully, Patio(s), Porch
  • Roof: Shingle
  • Lot Features: Natural Vegetation, South Facing
  • View: Mountain(s)
  • Foundation Details: Slab
  • Exterior Features:Landscaped - Fully: Yes
  • Exterior Features:Patio(s): Yes
  • Exterior Features:Porch: Yes
  • Construction:Frame - Wood: Yes

Garage/Parking

  • OtherParkTypeParkingSpaces: 2
  • Attached Garage: No
  • Parking Features: Unassigned, No Garage
  • Garage Type:None14: Yes

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Laundry Features: Gas Dryer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: No
  • AssociationOccupant:Currently Occupied: Call Listing Agent

Condo/Co-op/Association

  • Association: No

Lot Info

  • Development Status: Construction Status
  • Lot Size Sq Ft: 1742.4
  • Parcel #: Pc-513
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3433.0

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
Current Estimated Value
$2,070,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%
Original Mortgage
$817,650
Outstanding Balance
$731,298
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,339,062

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

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%
Source: Public Records

Range of Values:

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Average Value
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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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 -- -- -- View Prior Sale
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

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 $5,059 $914,084 $577,500 $336,584
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

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Map

Source: Park City Board of REALTORS®

MLS Number: 12100001

Park City Board of REALTORS®

APN: PC-513