NOT LISTED FOR SALE

3501 Duke Ln Independence, UT 84032

Estimated Value: $4,661,000

1,557 Acres
$2,994 Price per Acre
67,822,920 Sq Ft Lot

Last Sold January 30, 2023

Current estimated payment $24,451/month

804 Days on Market

Highlights

  • River View
  • No HOA
  • Additional Land
  • 1,557 Acre Lot

About This Lot

As of January 2023

1500+ amazing acres within the recently formed town of Independence, UT in Wasatch County. Ideal property for the investment group with patient money and a vision for the future. It sits on a very gradual SE slopes overlooking the Heber Valley with views of Timpanogos and Snake Creek. Note: Seller to also participate in the back-end profit of this development. Recreational activities are within minutes of this property! 108 holes of championship golf, blue ribbon fly fishing, world-class ski resorts, water sports, hiking and hunting all within minutes of this property!

Last Agent to Sell the Property

Thom Wright

Summit Sotheby's International Realty (Heber) License #5462250-AB00 Listed on: 08/07/2019

Summit Sotheby's International Realty (Heber)

Last Buyer's Agent

Non-Member Non-Members

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $758

Lot Details

  • 1,557 Acre Lot
  • Sloped Lot
  • Few Trees
  • Additional Land

Property Views

  • River
  • Lake
  • Pond
  • Mountain
  • Valley

Community Details

  • No Home Owners Association
  • Heber And Daniels Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-0020-8010

Property Details

Property Type

Land

Est. Annual Taxes

$758

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Public
  • Road Surface Type: Gravel, Paved
  • Property Sub Type: Acreage
  • Lot Size Acres: 1557.0
  • Subdivision Name: Heber and Daniels Area
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 00-0020-8010
  • Property Info:Apx Taxes: 758.0
  • Property Info:Tax Year2: 2019
  • Property Info:Access: Year Round
  • Size of Lot:Apx Acres3: 1557.0
  • Property Description:Gradual Slope: Yes
  • Views:Mountain(s): Yes
  • Views:Lake: Yes
  • Views:Valley: Yes
  • Property Description:Additional Land Available: Yes
  • Views:Pond2: Yes
  • Property Description:Few Trees: Yes
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Few Trees, Additional Land Available, Gradual Slope, See Remarks
  • View: Lake, Mountain(s), Pond, Valley

Utilities

  • Utilities: Other
  • Sewer: See Remarks, Other
  • Water Source: See Remarks, Other

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • AssociationOccupant:HOA Dues: No

Lot Info

  • Lot Size Sq Ft: 67822920.0
  • Additional Parcels Description: 00-0020-8037, 00-0020-8052, 00-0020-8053, 00-0020-8054, 00-0020-8095
  • Parcel #: 00-0020-8010
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 758.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2023
Sold by
Unified Independence Llc
Bought by
Btb Family Asset Management Llc
Current Estimated Value
$4,661,000

Purchase Details

Listed on
Aug 7, 2019
Closed on
Jan 27, 2023
Sold by
Jerry Christensen Properties Llc
Bought by
Unified Independence Llc
Seller's Agent
Thom Wright
Summit Sotheby's International Realty (Heber)
Buyer's Agent
Non-Member Non-Members
Coldwell Banker Realty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-36.13%
Original Mortgage
$5,000,000
Interest Rate
6.31%
Mortgage Type
New Conventional
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
Btb Family Asset Management Llc -- Prospect Title
Unified Independence Llc -- Atlas Title
Unified Independence Llc -- Atlas Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Unified Independence Llc $5,000,000
Closed Unified Independence Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2023 01/30/23 Sold -- -- --
10/19/2021 10/19/21 Pending -- -- --
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
2025 $74 $4,264,700 $4,264,700 $0
2024 $74 $4,264,700 $4,264,700 $0
2023 $74 $4,693,700 $4,693,700 $0
2022 $75 $4,693,700 $4,693,700 $0
2021 $94 $694,820 $694,820 $0
2020 $97 $694,820 $694,820 $0
2019 $100 $8,896 $0 $0
2018 $102 $9,068 $0 $0
2017 $107 $9,556 $0 $0
2016 $110 $9,556 $0 $0
2015 $103 $9,504 $0 $0
2014 $114 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thom Wright

    Seller's Agent in 2023

    Thom Wright

    Summit Sotheby's International Realty (Heber)

    (435) 671-2743

    47 in this area

    125 Total Sales

    Thom Wright
    Section Image

  • N

    Buyer's Agent in 2023

    Non-Member Non-Members

    Coldwell Banker Realty

  • N

    Buyer's Agent in 2023

    Non Non-Member

    Non Member

  • N

    Buyer's Agent in 2023

    Non Member Licensee

    Non Member

  • N

    Buyer's Agent in 2023

    Non Member

    Park City Board of REALTORS

See All Agents

Map

Source: Park City Board of REALTORS®

MLS Number: 11907309

Park City Board of REALTORS®

APN: 00-0020-8010

Utah Wasatch County Independence 84032

3501 Duke Ln, Independence, UT

This home is located at 3501 Duke Ln, Independence, UT 84032 since 07 August 2019 and is currently estimated at $4,661,000. 3501 Duke Ln is a home located in Wasatch County with nearby schools including Daniels Canyon Elementary School and Wasatch High School.

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