NOT LISTED FOR SALE

Estimated Value: $2,056,342

1.01 Acres
$2,035,982 Price per Acre
43,996 Sq Ft Lot

Last Sold June 20, 2023

Current estimated payment $12,906/month

359 Days on Market

Highlights

  • 1.01 Acre Lot
  • Mountain View
  • Gated Home
  • Butler School Rated A
  • High Speed Internet

About This Lot

As of June 2023

Tavaci is a private (gated/guarded) community of 43 homesites, perched on a mountain plateau - 1,000 feet above the skyline and uniquely positioned between the city and the Rocky Mountains.

If you have a passion for mountain living and purpose being close to the city, Tavaci may be your final home â' in Salt Lake Valley's most spectacular setting.

Last Agent to Sell the Property

Stephen Jury

KW Park City Keller Williams Real Estate License #5870974-AB00 Listed on: 12/27/2022

KW Park City Keller Williams Real Estate

Last Buyer's Agent

Stephen Jury

Coldwell Banker Res - PC 1

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,941

Lot Details

  • 1.01 Acre Lot
  • Gated Home
  • Sloped Lot

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include security
  • Wasatch Front Ar 58 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22-25-203-002-0000

Property Details

Property Type

Land

Est. Annual Taxes

$8,941

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Gated
  • Property Sub Type: Residential
  • Lot Size Acres: 1.01
  • Subdivision Name: Wasatch Front Ar 58
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 22-25-203-002-0000
  • Property Info:Apx Taxes: 8941.0
  • Property Info:Tax Year2: 2021
  • Property Info:Access: Year Round
  • Size of Lot:Apx Acres3: 1.01
  • Property Description:Gradual Slope: Yes
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Views:Valley: Yes
  • Water:Public2: Yes
  • Road Frontage Type:Gated: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Gradual Slope
  • View: Mountain(s), Valley

Utilities

  • Utilities: Cable Available, High Speed Internet Available, Phone Available
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 500.0
  • AssociationOccupant:HOA Dues Frequency: Monthly
  • Association Fees Include:Security3: Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Security

Lot Info

  • Lot Size Sq Ft: 43995.6
  • Parcel #: 22-25-203-002-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8941.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2022
Closed on
Jun 20, 2023
Sold by
Tavaci Holdings Llc
Bought by
Wise Robert
Seller's Agent
Stephen Jury
KW Park City Keller Williams Real Estate
Buyer's Agent
Stephen Jury
Coldwell Banker Res - PC 1
List Price
$1,995,000
Sold Price
$1,995,000
Views
15
Current Estimated Value
$2,056,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,342
Avg. Annual Appreciation
0.42%

Purchase Details

Closed on
May 27, 2022
Sold by
America First Federal Credit Union
Bought by
Tavaci Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,750,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2015
Sold by
Cottonwood Estates Development Llc
Bought by
America First Federal Credit Union
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
Wise Robert -- Artisan Title
Tavaci Holdings Llc -- Artisan Title
America First Federal Credit Union -- Metro National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tavaci Holdings Llc $5,750,000
Previous Owner Cottonwood Estates Investment Llc $13,000,000
Previous Owner Cottonwood Estates Investment Llc $2,600,000
Previous Owner Cottonwood Development Llc $6,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold -- -- --
05/29/2023 05/29/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $1,995,000 +150.9% --
01/18/2023 01/18/23 Price Changed $795,000 -60.2% --
12/27/2022 12/27/22 For Sale $1,995,000 0.0% --
09/28/2022 09/28/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $1,995,000 -- --
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
2023 $12,192 $966,500 $966,500 $0
2022 $9,115 $727,000 $727,000 $0
2021 $8,941 $610,400 $610,400 $0
2020 $9,413 $598,800 $598,800 $0
2019 $9,501 $598,800 $598,800 $0
2018 $9,618 $623,800 $623,800 $0
2017 $9,857 $623,800 $623,800 $0
2016 $10,056 $623,800 $623,800 $0
2015 $7,758 $448,100 $448,100 $0
2014 $7,982 $448,100 $448,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 12202163

Park City Board of REALTORS®

APN: 22-25-203-002-0000