$975,000
SOLD SEP 24, 2018
Last list price

25 Prospect Ave Park City, UT 84060

2 Beds
1.5 Baths
1,617 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$603 Per Sq Ft

121 Days on Market

Highlights

  • Mountain View
  • Deck
  • Breakfast Area or Nook
  • McPolin Elementary School Rated A
  • No HOA
  • Formal Dining Room

About This Home

As of February 2021

This is the opportunity youve been waiting forprime location in the heart of Old Town, move-in (and/or rental) ready, priced WELL below $1M. Light and bright, this 2 bed/1.5 bath home has an updated feel combined with Old Town charm. Recently refreshed and staged, this home boasts new carpet, new interior paint, new bath vanities and toilets, new countertops, new kitchen sink/faucet, new lighting throughout. The spacious great room is perfect for entertaining and the large back deck (recently refinished) allows you to relax and take in the mountain views. Second bedroom downstairs features a bonus room/flex space, perfect for an office, storage or extra sleeping. Two dedicated parking spaces, unique for Old Town. Steps to Main Street, hiking and biking trails right outside your door, start living the Park City lifestyle immediately! All information deemed reliable, buyer to verify all to their satisfaction.

Last Agent to Sell the Property

Michele Cone

Summit Sotheby's International Realty License #6030619-AB00 Listed on: 05/07/2018

Summit Sotheby's International Realty

Last Buyer's Agent

Ashley Archibald

BHHS Utah Properties - SV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,981

Year Built

  • Built in 1992

Lot Details

  • 1,742 Sq Ft Lot
  • Landscaped
  • Historic Home

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,617 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Formal Dining Room
  • Storage
  • Tile Flooring
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • 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

$2,981

Year Built

Built in 1992

Lot Details

0

Listing Details

  • MainLevelTotalsDiningRoom: 1
  • MainLevelTotalsFamilyRoom: 1
  • MainLevelTotalsHalfBaths: 1
  • Prop. Type: Residential
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Property Sub Type: Detached
  • Lot Size Acres: 0.04
  • Subdivision Name: Park City Survey
  • Architectural Style: Historical
  • 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: 2981.0
  • Property Info:Tax Year2: 2018
  • Property Info:Access: Year Round
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Recreation Access:HikeBike Trail - Adjoining Property: Yes
  • Water:Public2: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Total Half Baths2: 1
  • Size of HouseLot:Apx SqFt Finished: 1617.0
  • Size of HouseLot:Apx Acres2: 0.04
  • Foundation:Concrete Perimeter: Yes
  • Roof:Shingle: Yes
  • Equipment:Smoke Alarm: Yes
  • Equipment:Water Heater - Gas: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Tile: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Dining Area:Semi-Formal Dining: Yes
  • Room Totals:Family Room7: 1
  • Lower Level Totals:Full Baths3: 1
  • Exterior:Wood Siding: Yes
  • Dining Area:Breakfast Bar: Yes
  • Room Totals:Dining Room7: 1
  • Size of HouseLot:Apx Lot Size (SqFt)2: 1742.0
  • Style:Historical: Yes
  • Other Park Type:Off Street - Unassigned: Yes
  • Dining Area:Breakfast Nook: Yes
  • Other Park Type:Off Street - Assigned: Yes
  • Room Totals:Laundry8: 1
  • Lower Level Totals:Laundry4: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Flooring: Tile
  • Interior Amenities: Storage, Ceiling Fan(s), Electric Dryer Hookup, Breakfast Bar
  • Other Equipment: Smoke Alarm, Water Heater - Gas
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Electric Dryer Hookup: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Exterior Features: Deck(s), Landscaped - Fully, Porch
  • Roof: Shingle
  • Lot Features: See Remarks, Other
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Concrete Perimeter
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Landscaped - Fully: Yes
  • Exterior Features:Porch: Yes
  • Construction:Frame - Wood: Yes

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed
  • Association: No

Association/Amenities

  • AssociationOccupant:HOA Dues: No
  • AssociationOccupant:Currently Occupied: Call Listing Agent
  • Common Area Amenities:Pets Allowed: Yes

Lot Info

  • Lot Size Sq Ft: 1742.0
  • Parcel #: PC-513
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2981.0

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
$2,081,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.91%
Original Mortgage
$817,650
Outstanding Balance
$741,245
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,269,410

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Us Title Insurance Agency
Warranty Deed -- Park City Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $817,650 New Conventional
Previous Owner $570,000 Adjustable Rate Mortgage/ARM
Previous Owner $110,000 Credit Line Revolving
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

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
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: 11803178

Park City Board of REALTORS®

APN: PC-513