NOT LISTED FOR SALE

2503 W Spruce Rd Midway, UT 84049

Estimated Value: $975,000

1.16 Acres
$840,517 Price per Acre
50,530 Sq Ft Lot

Last Sold January 05, 2023

Current estimated payment $5,488/month

44 Days on Market

Highlights

  • Views of Ski Resort
  • Horse Property
  • No HOA
  • Midway Elementary School Rated A-
  • Secluded Lot
  • Additional Land

About This Lot

As of January 2023

Truly alpine, two contiguous lots totaling over an acre lend themselves to a view-laden downhill build on the upper lot and a reasonable-slope septic system build on the lower, wooded lot. Eastern views of the Uintas cannot be overstated. The property itself affords excellent backcountry skiing and nearly adjacent 23,000-acre Wasatch Mountain State Park offers long steep and deep turns. A nearby new-build substantially de-risks the opportunity of these properties. Water company share with water right included. Passed soil percolation test. Close proximity to Deer Valley and Park City's historic Main Street. Listing agent is a 27-year property owner in the Brighton Estates area (but does not own this property) and looks forward to all your questions.

Last Listed By

Sean Brown

Summit Sotheby's Realty License #5502807-AB00 Listed on: 01/05/2023

Summit Sotheby's Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,154

Lot Details

  • 1.16 Acre Lot
  • Dirt Road
  • Seasonal Access to Property
  • Natural State Vegetation
  • Secluded Lot
  • Steep Slope
  • Few Trees
  • Additional Land

Property Views

  • Ski Resort
  • Woods
  • Trees
  • Mountain
  • Meadow
  • Valley

Utilities

  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 00-0000-1714

Community Details

Overview

  • No Home Owners Association
  • Brighton Estates Subdivision

Recreation

  • Trails
  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$1,154

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Public
  • Road Surface Type: 4WD Recommended, Dirt
  • Property Sub Type: Residential
  • Lot Size Acres: 1.16
  • Subdivision Name: Brighton Estates
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 00-0000-1714
  • Property Info:Apx Taxes: 1154.0
  • Property Info:Tax Year2: 2020
  • Property Info:Access: Seasonal
  • Size of Lot:Apx Lot Size (SqFt)3: 50530.0
  • Size of Lot:Apx Acres3: 1.16
  • Property Description:Gradual Slope: Yes
  • Property Description:Natural Vegetation: Yes
  • Property Description:Secluded: Yes
  • Views:Mountain(s): Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Views:Meadow: Yes
  • Views:Ski Area: Yes
  • Views:Valley: Yes
  • Recreation Access:HikeBike Trail - Adjoining Project: Yes
  • Views:TreesWoods: Yes
  • Property Description:Horse Property: Yes
  • Road Surface Type:Dirt: Yes
  • Property Description:Additional Land Available: Yes
  • Property Description:Few Trees: Yes
  • Property Description:Steep Slope: Yes
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Steep Slope, Few Trees, Additional Land Available, Gradual Slope, Horse Property, Natural Vegetation, Secluded
  • View: Trees/Woods, Meadow, Mountain(s), Ski Area, Valley, See Remarks

Utilities

  • Utilities: High Speed Internet Available, Phone Available
  • Sewer: See Remarks, Other
  • Water Source: See Remarks, Other

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: No
  • Association Fees Include:None25: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 50529.6
  • Parcel #: 00-0000-1714
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1154.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Jan 4, 2023
Sold by
Davis Wade C
Bought by
Eldridge Thomas
Seller's Agent
Sean Brown
Summit Sotheby's Realty
Buyer's Agent
Mackenzie Lewis
Presidio Real Estate Summit
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Total Days on Market
44
Views
8
Current Estimated Value
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$785,000

Purchase Details

Closed on
Mar 6, 2006
Sold by
Equity Title Insurance Agency Inc
Bought by
Davis Wade C

Purchase Details

Closed on
Feb 17, 2006
Sold by
Breitling Brothers Construction
Bought by
Davis Wade C

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
Eldridge Thomas -- High Country Title
Davis Wade C -- Equity Title Insurance Pc
Davis Wade C -- Equity Title Insurance Pc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2023 01/05/23 Sold -- -- --
01/05/2023 01/05/23 For Sale $200,000 0.0% --
10/31/2022 10/31/22 Off Market -- -- --
09/26/2022 09/26/22 For Sale $200,000 0.0% --
09/26/2022 09/26/22 Pending -- -- --
09/02/2022 09/02/22 Price Changed $200,000 -9.1% --
08/26/2022 08/26/22 Price Changed $220,000 -8.3% --
08/19/2022 08/19/22 Price Changed $240,000 -7.7% --
08/12/2022 08/12/22 Price Changed $260,000 +15.6% --
08/12/2022 08/12/22 For Sale $225,000 -- --
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 $686 $80,912 $80,912 $0
2023 $686 $73,556 $73,556 $0
2022 $686 $73,556 $73,556 $0
2021 $560 $47,844 $47,844 $0
2020 $577 $47,844 $47,844 $0
2019 $538 $47,844 $0 $0
2018 $472 $42,000 $0 $0
2017 $337 $30,000 $0 $0
2016 $344 $30,000 $0 $0
2015 $324 $30,000 $30,000 $0
2014 $335 $30,000 $30,000 $0
Source: Public Records

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Source: Park City Board of REALTORS®

MLS Number: 12102391

Park City Board of REALTORS®

APN: 00-0000-1714