NOT LISTED FOR SALE

2983 Arrowhead Trail Park City, UT 84098

Estimated Value: $4,764,000 - $6,307,000

1.04 Acres
$5,382,388 Price per Acre
45,302 Sq Ft Lot

Last Sold August 31, 2018

Current estimated payment $30,508/month

108 Days on Market

Highlights

  • Views of Ski Resort
  • Steam Room
  • Building Security System
  • South Summit High School Rated 9+
  • Fitness Center
  • Clubhouse

About This Lot

As of August 2018

This lot is gorgeous and at over an acre, you can build up to 8,000 square feet! View the Wasatch Mountains on this easy to build on lot. The location is perfect! Quiet, with close access to the The Ranch Club Compound and a short drive to the West gate. There is a $95,000 Golf Club Membership deposit available with the lot. Use of the Promontory amenities is available with the Golf Club Membership.

Last Agent to Sell the Property

Peter Linsey

Summit Sotheby's International Realty Listed on: 05/08/2018

Co-Listed By

Damon Leake

Summit Sotheby's International Realty

Last Buyer's Agent

Cindy Corbin

Summit Sotheby's International Realty License #5450950-AB00

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,035

Lot Details

  • 1.04 Acre Lot
  • South Facing Home
  • Southern Exposure
  • Gated Home
  • Natural State Vegetation
  • Sloped Lot

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Ski Resort
  • Mountain
  • Valley

Utilities

  • Natural Gas Connected
  • Private Water Source
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number PSSR-19

Community Details

Overview

  • Association fees include security, snow removal
  • Association Phone (435) 333-4000
  • Visit Association Website
  • Sunset Ridge Subdivision
  • Planned Unit Development

Amenities

  • Steam Room
  • Shuttle
  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Spa
  • Trails

Security

  • Building Security System

Property Details

Property Type

Land

Est. Annual Taxes

$3,035

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Gated, Public
  • Road Surface Type: Paved
  • Property Sub Type: Residential
  • Lot Size Acres: 1.04
  • Co List Office Mls Id: SSIR1
  • Co List Office Phone: 435-649-1884
  • Subdivision Name: Sunset Ridge
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: PSSR-19
  • Property Info:Apx Taxes: 3035.0
  • Property Info:Tax Year2: 2017
  • Property Info:Access: Year Round
  • Size of Lot:Apx Lot Size (SqFt)3: 45302.0
  • Size of Lot:Apx Acres3: 1.04
  • Property Description:Gradual Slope: Yes
  • Property Description:Natural Vegetation: Yes
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Water:Private2: Yes
  • Sewage:Public Sewer: Yes
  • Property Description:South Facing: Yes
  • Views:Ski Area: Yes
  • Views:Valley: Yes
  • Recreation Access:HikeBike Trail - Adjoining Project: Yes
  • Road Frontage Type:Gated: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Description:PUD - Planned Unit Development: Yes
  • Special Features: VirtualTour

Exterior Features

  • Other Structures: None
  • Lot Features: Gradual Slope, Natural Vegetation, PUD - Planned Unit Development, South Facing
  • View: Mountain(s), Ski Area, Valley

Utilities

  • Cooling: None
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected
  • Cooling Y N: No
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Amenities: Spa/Hot Tub, Security, Management, Elevator(s), Clubhouse, Fire Sprinklers, Fitness Room, Pets Allowed, Security System - Entrance, Shuttle Service, Steam Room, Tennis Court(s)
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Phone: 435-333-4000
  • Association: Yes

Association/Amenities

  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 250.0
  • AssociationOccupant:HOA Dues Frequency: Monthly
  • AssociationOccupant:HOA Contact: Stephen Lees
  • AssociationOccupant:HOA Contact Phone: 435-333-4000
  • AssociationOccupant:HOA Website: www.promontoryclub.com
  • Ranch Amenities:None26: Yes
  • Common Area Amenities:Clubhouse: Yes
  • Common Area Amenities:Fitness Room: Yes
  • Common Area Amenities:Tennis Court(s)2: Yes
  • Association Fees Include:Snow Removal2: Yes
  • Common Area Amenities:Pets Allowed: Yes
  • Common Area Amenities:Fire Sprinklers2: Yes
  • Common Area Amenities:Shuttle Service2: Yes
  • Common Area Amenities:Security System - Entrance: Yes
  • Association Fees Include:Com Area Taxes2: Yes
  • Association Fees Include:Insurance2: Yes
  • Association Fees Include:Maintenance Grounds2: Yes
  • Association Fees Include:ReserveContingency Fund2: Yes
  • Association Fees Include:Maintenance Exterior2: Yes
  • Common Area Amenities:Steam Room2: Yes
  • Common Area Amenities:Elevator(s): Yes
  • Common Area Amenities:Management: Yes
  • Common Area Amenities:Security2: Yes
  • Common Area Amenities:SpaHot Tub: Yes
  • Association Fees Include:Security3: Yes

Fee Information

  • Association Fee Includes: Security, Snow Removal

Lot Info

  • Lot Size Sq Ft: 45302.4
  • Parcel #: PSSR-19
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3035.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2020
Sold by
Lebow Patricia L and Patricia Lebow Revocable Trust
Bought by
Lebow Patricia L and Patricia L Lebow Revocable Tru
Current Estimated Value
$5,597,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$886,294
Interest Rate
2.87%
Mortgage Type
Construction
Estimated Equity
$4,711,389

Purchase Details

Listed on
May 8, 2018
Closed on
Aug 29, 2018
Sold by
Zipperman Walter and Arnold Deborah
Bought by
Lebow Patricia L and Patricia Lebow Revocable Trust
Seller's Agent
Peter Linsey
Summit Sotheby's International Realty
Buyer's Agent
Cindy Corbin
Summit Sotheby's International Realty
List Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.59%

Purchase Details

Closed on
Jul 27, 2012
Sold by
Zipperman Walter and Arnold Deborah
Bought by
Zipperman Walter and Arnold Deborah

Purchase Details

Closed on
Mar 31, 2006
Sold by
Mccowan Robert J and Mccowan Michel
Bought by
Zipperman Walter and Zipperman Debrah

Purchase Details

Closed on
Mar 30, 2006
Sold by
Mccowan Robert T and Mccowan Michel
Bought by
Zipperman Walter and Zipperman Deborah

Purchase Details

Closed on
Jun 24, 2005
Sold by
Pivotal Promontory Development Llc
Bought by
Mccowan Robet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2005
Sold by
Mccowan Robert
Bought by
Siler City Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Lebow Patricia L -- Vanguard Title Insurance Age
Lebow Patricia L -- Metro National Title
Zipperman Walter -- None Available
Zipperman Walter -- None Available
Mccowan Robert J -- None Available
Zipperman Walter -- None Available
Mccowan Robet -- Summit Escrow & Title Ins
Siler City Llc -- Summit Escrow & Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lebow Patricia L $1,500,000
Previous Owner Mccowan Robet $318,750
Previous Owner Siler City Llc $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold -- -- --
08/25/2018 08/25/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $525,000 -- --
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 $6,958 $4,391,758 $1,200,080 $3,191,678
2023 $6,958 $1,200,080 $1,200,080 $0
2022 $3,204 $480,080 $480,080 $0
2021 $2,727 $330,080 $330,080 $0
2020 $2,914 $330,080 $330,080 $0
2019 $3,154 $330,080 $330,080 $0
2018 $3,154 $330,080 $330,080 $0
2017 $3,035 $330,080 $330,080 $0
2016 $2,164 $220,080 $220,080 $0
2015 $2,725 $270,080 $0 $0
2013 $2,162 $200,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Peter Linsey

    Summit Sotheby's International Realty

  • D

    Seller Co-Listing Agent in 2018

    Damon Leake

    Summit Sotheby's International Realty

  • C

    Buyer's Agent in 2018

    Cindy Corbin

    Summit Sotheby's International Realty

    (949) 903-3068

    16 in this area

    131 Total Sales

    Cindy Corbin
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Map

Source: Park City Board of REALTORS®

MLS Number: 11803778

Park City Board of REALTORS®

APN: PSSR-19

Utah Summit County Park City 84098

2983 Arrowhead Trail, Park City, UT

This home is located at 2983 Arrowhead Trail, Park City, UT 84098 since 08 May 2018 and is currently estimated at $5,597,683. 2983 Arrowhead Trail is a home located in Summit County with nearby schools including South Summit Elementary School and South Summit High School.

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