$699,000
SOLD FEB 28, 2025
Last list price

311 N Homestead Dr Midway, UT 84049

4 Beds
1 Bath
1,731 Sq Ft
0.44 Acres

Recently Sold

$404 Per Sq Ft

47 Days on Market

Highlights

  • Golf Course View
  • No HOA
  • Porch
  • Midway Elementary School Rated A-
  • Cottage
  • Eat-In Kitchen

About This Home

As of February 2025

If Midway was a Monopoly Board this lot would be Boardwalk or Park Place! Available properties on Homestead Drive are a rare find! This home has 360 degree views of the beautiful Wasatch mountains and Heber Valley. It has mature trees, a large lot and is easy to access downtown Midway. Your home will be right on Homestead Drive which is the highly coveted Resort Strip of Midway! This same road includes the Homestead Resort, The Crater, Zermatt, The Blue Boar Inn, 2 golf courses and Wasatch State Park! Across the street is a 13 mile long paved walking and biking path with mixed sidewalks that begin at Wasatch State Park, goes through downtown Midway, crosses the Provo River, and extends to Heber City! As if that was not enough Park City is only 19 miles away from your front door! This home may need a lot of love but can be the perfect opportunity to acquire a premium lot as well as have a home to put equity into if desired. Square footage figures are provided as a courtesy estimate only and were obtained from the county records. Buyer is advised to obtain an independent measurement.

Last Agent to Sell the Property

Heath Harvey

Fathom Realty (Midway) License #11631641-SA00 Listed on: 12/12/2024

Fathom Realty (Midway)

Last Buyer's Agent

Non Agent

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,950

Year Built

  • Built in 1906

Lot Details

  • 0.44 Acre Lot
  • Property is Fully Fenced
  • Sloped Lot

Parking

  • No Garage

Property Views

  • Golf Course
  • Creek or Stream
  • Mountain
  • Valley

Home Design

  • 1,731 Sq Ft Home
  • Cottage
  • Block Foundation
  • Metal Roof

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Porch

Utilities

  • No Cooling
  • Hot Water Heating System
  • Natural Gas Connected
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 00-0015-3770

Community Details

Overview

  • No Home Owners Association

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,950

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Road Frontage Type: Public
  • Road Surface Type: Gravel
  • Property Sub Type: Detached
  • Lot Size Acres: 0.44
  • Subdivision Name: Other(Areas 23-41)
  • Architectural Style: Cottage
  • New Construction: No
  • Year Built: 1906
  • ResoBuildingAreaSource: PublicRecords
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 00-0015-3770
  • Property Info:Apx Taxes: 5950.0
  • Property Info:Tax Year2: 2024
  • Property Description:Gradual Slope: Yes
  • Views:Mountain(s): Yes
  • Utilities:High Speed Internet Available: Yes
  • Sewage:Public Sewer: Yes
  • Recreation Access:HikeBike Trail - Adjoining Property: Yes
  • Views:Valley: Yes
  • Water:Public2: Yes
  • Views:Golf Course: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Accessory Dwelling Unit YN: No
  • Size of HouseLot:Apx SqFt Finished: 1731.0
  • Size of HouseLot:Apx Acres2: 0.44
  • Roof:Metal: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Flooring:Stone2: Yes
  • Fencing:Full: Yes
  • Other Structures:Shed(s): Yes
  • Flooring:Linoleum: Yes
  • Foundation:Block3: Yes
  • Cooling:None5: Yes
  • Views:CreekStream2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Flooring: Carpet, Linoleum, Stone
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Exterior Features: Storage, Porch
  • Fencing: Full
  • Roof: Metal
  • Other Structures: Shed(s)
  • Lot Features: Gradual Slope
  • View: Creek/Stream, Golf Course, Mountain(s), Valley
  • Construction Type: Other
  • Foundation Details: Block
  • Exterior Features:Porch: Yes
  • Construction:Other8: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Heating: Hot Water
  • Utilities: Electricity Connected, High Speed Internet Available, Natural Gas Connected
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Hot Water: Yes

Association/Amenities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 19166.4
  • Parcel #: 00-0015-3770
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5950.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Feb 27, 2025
Sold by
Mickelson Franklin D
Bought by
Gay Thomas and Gay Sarah
Seller's Agent
Heath Harvey
Fathom Realty (Midway)
Buyer's Agent
Non Agent
Non Member
List Price
$850,000
Views
48
Current Estimated Value
$854,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.45%
Original Mortgage
$400,000
Outstanding Balance
$398,354
Interest Rate
7.04%
Mortgage Type
Seller Take Back
Estimated Equity
$423,013
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 Type Sale Price Title Company
Warranty Deed -- Atlas Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold -- -- --
01/28/2025 01/28/25 Pending -- -- --
01/24/2025 01/24/25 Price Changed $699,000 -12.5% $404 / Sq Ft
01/14/2025 01/14/25 Price Changed $799,000 -6.0% $462 / Sq Ft
12/12/2024 12/12/24 For Sale $850,000 -- $491 / 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 $5,951 $1,066,600 $300,000 $766,600
2023 $5,951 $1,047,350 $200,000 $847,350
2022 $5,776 $1,047,350 $200,000 $847,350
2021 $3,028 $424,294 $120,000 $304,294
2020 $3,339 $424,294 $120,000 $304,294
2019 $2,856 $233,362 $0 $0
2018 $2,856 $233,362 $0 $0
2017 $2,484 $201,715 $0 $0
2016 $2,546 $201,715 $0 $0
2015 $2,419 $201,715 $0 $0
2014 $1,442 $115,539 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 12404796

Park City Board of REALTORS®

APN: 00-0015-3770