$1,100,000
SOLD NOV 10, 2025
Last list price
0.47 Acre
$2,340,426 Price per Acre
20,473 Sq Ft Lot

Recently Sold

64 Days on Market

About This Lot

As of November 2025

This is a unique opportunity to build on one of the premier lots of the original Mt. Olympus Acres of Olympus Cove. Flat, wide lot with mature trees and panoramic views of the Salt Lake valley. Enjoy incredible access to canyons, trails, and retail within 5 minutes; ski resorts, downtown, and SL International airport within 15 minutes. *There is a structure on this property, but it must be torn down (thus this additional land listing).**No access available to home. *Other homes on this fabulous street have been/currently being remodeled/rebuilt. *Exclusive swimming pool membership located 200 feet from property - available as a separate bill of sale/not included in list price (fewer than 20 family memberships).

Last Agent to Sell the Property

Matt Broadbent

Take Flight Realty, LLC License #6258101-PB00 Listed on: 08/05/2025

Last Buyer's Agent

Non Agent

Non Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,765

Lot Details

  • 0.47 Acre Lot
  • Many Trees

Community Details

  • Utah Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22-01-128-010

Property Details

Property Type

Land

Est. Annual Taxes

$5,765

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Public
  • Lot Size Acres: 0.47
  • Subdivision Name: Utah Area
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Access: Year Round
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Many Trees, See Remarks

Utilities

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

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No

Lot Info

  • Lot Size Sq Ft: 20473.2
  • Parcel #: 22-01-128-010
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5765.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2025
Closed on
Nov 10, 2025
Sold by
3794 Hermes Drive Llc
Bought by
Nguyen Investments Llc
Seller's Agent
Matt Broadbent
Take Flight Realty, LLC
Buyer's Agent
Non Agent
Non Member
List Price
$1,175,000
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.77%

Purchase Details

Closed on
Nov 17, 2011
Sold by
Gerszewski James R
Bought by
3794 Hermes Drive Llc

Purchase Details

Closed on
Oct 25, 2002
Sold by
Gerszewski Richard and Gerszewski Lorraine
Bought by
Gerszewski James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
4.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- Cottonwood Title
Quit Claim Deed -- Accommodation
Interfamily Deed Transfer -- Backman Stewart Title Servic
Interfamily Deed Transfer -- Backman Stewart Title Servic
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $236,250 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 Sold -- -- --
09/30/2025 09/30/25 Price Changed $1,100,000 -6.4% --
08/05/2025 08/05/25 For Sale $1,175,000 -- --
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
2025 $5,697 $957,700 $586,000 $371,700
2024 $5,697 $912,200 $568,600 $343,600
2023 $5,804 $891,000 $552,000 $339,000
2022 $6,095 $865,000 $541,200 $323,800
2021 $5,148 $626,000 $516,600 $109,400
2020 $4,939 $567,200 $516,600 $50,600
2019 $5,134 $582,200 $500,200 $82,000
2018 $5,038 $562,800 $500,200 $62,600
2017 $4,773 $546,200 $500,200 $46,000
2016 $4,885 $571,500 $500,200 $71,300
2015 $5,106 $559,800 $399,500 $160,300
2014 $4,791 $523,600 $376,500 $147,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 12503572

Park City Board of REALTORS®

APN: 22-01-128-010-0000