NOT LISTED FOR SALE

4554 N Forestdale Dr Unit 4 Park City, UT 84098

Estimated Value: $1,781,000 - $2,033,000

2 Beds
4 Baths
5,150 Sq Ft
$371/Sq Ft Est. Value

Last Sold May 05, 2023

Current estimated payment $11,958/month

117 Days on Market

Highlights

  • Home Theater
  • Mountain View
  • Loft
  • South Summit High School Rated 9+
  • Radiant Floor
  • Furnished

About This Home

As of May 2023

Presenting Park City's most unique real estate opportunity! This sophisticated, flexible use condominium allows for commercial, retail and residential uses. Every surface reflects hand picked designer selections, creating continuity through the 5150 square feet. The ADA compliant commercial and retail space provide ample opportunities for future business use, including open concept office space and a handsomely outfitted conference room for business gatherings. Complete with a fully outfitted, oversized two car garage, a luxurious residential quarter featuring a chefs kitchen, spacious living room and two inviting primary suites, all complimented by custom cabinetry, show-room quality hardscape and a elegant furniture package. This unit is ideal for both end users and investment buyers looking for a high-end real estate opportunity with incredible income potential. Call for a private showing.

Last Agent to Sell the Property

Jonathan Crosswhite

Summit Sotheby's International Realty (625 Main) License #10562428-SA00 Listed on: 11/10/2022

Last Buyer's Agent

Molly Crosswhite

Summit Sotheby's International Realty (625 Main)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,000

Year Built

  • Built in 2020

Lot Details

  • 1,742 Sq Ft Lot
  • Landscaped
  • Sprinkler System

HOA Fees

  • $420 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Stone Siding
  • Stucco
  • Stone

Interior Spaces

  • 5,150 Sq Ft Home
  • Multi-Level Property
  • Wet Bar
  • Furnished
  • Sound System
  • Great Room
  • Dining Room
  • Home Theater
  • Home Office
  • Loft
  • Storage
  • Home Security System

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Radiant Floor
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Attached Garage
  • Garage Door Opener

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Radiant Heating System
  • Cable TV Available

Additional Features

  • Wheelchair Access
  • Patio

Listing and Financial Details

  • Assessor Parcel Number Peiibcc-4-Am

Community Details

Overview

  • Association fees include maintenance exterior, ground maintenance, management fees, sewer, snow removal, water
  • Association Phone (435) 645-7888
  • Park East Ii & Iii Business Community Condominiums Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,000

Year Built

Built in 2020

Lot Details

0

HOA Fees

$420 per month

Listing Details

  • Prop. Type: Residential
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Study/Office/Den: 1
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.04
  • Subdivision Name: Park East II & III Business Community Condominiums
  • Architectural Style: Multi-Level Unit, See Remarks
  • New Construction: No
  • Year Built: 2020
  • ResoBuildingAreaSource: Plans
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Peiibcc-4-Am
  • Property Info:Apx Taxes: 5000.0
  • Property Info:Tax Year2: 2022
  • Property Info:Access: Year Round
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Sewage:Public Sewer: Yes
  • Views:Valley: Yes
  • Water:Public2: Yes
  • Property Info:Construction New: No
  • Property Info:Construction Status: Complete
  • Property Info:Accessory Dwelling Unit YN: No
  • Size of HouseLot:Apx SqFt Finished: 5150.0
  • Size of HouseLot:Apx Acres2: 0.04
  • Exterior:Stone: Yes
  • Equipment:Smoke Alarm: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Garage Type Attached: Yes
  • Style:Multi-Level Unit: Yes
  • Equipment:Audio System: Yes
  • Equipment:Media System - Prewired: Yes
  • Dining Area:Breakfast Bar: Yes
  • Room Totals:Dining Room7: 1
  • Room Totals:Great Room7: 1
  • Property Description:Level: Yes
  • Dining Area:Informal Dining: Yes
  • Equipment:Security System - Installed: Yes
  • Exterior:Stucco: Yes
  • Room Totals:Loft7: 1
  • Roof:Flat: Yes
  • Room Totals:Media Room7: 1
  • Flooring:Concrete2: Yes
  • Foundation:Slab: Yes
  • Room Totals:Laundry8: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Freezer, Gas Range, Microwave, Refrigerator, Washer/Dryer Stacked
  • Flooring: Concrete
  • Interior Amenities: Storage, Fire Sprinklers, Furnished - Fully, Granite Counters, Kitchen Island, Lower Level Walkout, Ski Storage, Wet Bar, Breakfast Bar
  • Other Equipment: Appliances, Audio System, Fire Pressure System, Garage Door Opener, Media System - Prewired, Security System - Installed, Smoke Alarm
  • Full Bathrooms: 4
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Fire Sprinklers: Yes
  • Interior Features:Furnished - Fully: Yes
  • Interior Features:Lower Level Walkout: Yes
  • Appliances: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Interior Features:Ski Storage3: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Freezer: Yes
  • Fireplaces:None12: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Exterior Features: Landscaped - Fully, Lawn Sprinkler - Full, Patio(s), Wheel Chair Access
  • Roof: Flat
  • Lot Features: Level
  • View: Mountain(s), Valley
  • Construction Type: Stone, Stucco, Concrete
  • Foundation Details: Slab
  • Construction:Concrete: Yes
  • Exterior Features:Landscaped - Fully: Yes
  • Exterior Features:Lawn Sprinkler - Full: Yes
  • Exterior Features:Patio(s): Yes
  • Exterior Features:Wheel Chair Access: Yes

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Property Info:Parking Spaces Covered: 2
  • Equipment:Garage Door Opener: Yes

Utilities

  • Cooling: Air Conditioning
  • Heating: Forced Air, Radiant, Radiant Floor
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Air Conditioner: Yes
  • Heating:Radiant Floor: Yes
  • Heating:Radiant: Yes

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 1260.0
  • AssociationOccupant:HOA Dues Frequency: Quarterly
  • AssociationOccupant:HOA Contact: Mark Buford
  • AssociationOccupant:HOA Contact Phone: 435-645-7888
  • AssociationOccupant:Currently Occupied: Call Listing Agent
  • Common Area Amenities:Pets Allowed: Yes
  • Association Fees Included:Management Fees: Yes
  • Association Fees Included:Snow Removal: Yes
  • Common Area Amenities:Fire Sprinklers2: Yes
  • Association Fees Included:Maintenance Exterior: Yes
  • Association Fees Included:Maintenance Grounds: Yes
  • Association Fees Included:Sewer: Yes
  • Association Fees Included:Water: Yes

Condo/Co-op/Association

  • Amenities: Fire Sprinklers, Pets Allowed
  • Association Fee: 1260.0
  • Association Fee Frequency: Quarterly
  • Phone: 435-645-7888
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds, Management Fees, Sewer, Snow Removal, Water

Lot Info

  • Development Status: Construction Status
  • Lot Size Sq Ft: 1742.4
  • Parcel #: Peiibcc-4-Am
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
May 5, 2023
Sold by
Amet Properties Llc
Bought by
Kpm Properties Llc
Seller's Agent
Jonathan Crosswhite
Summit Sotheby's International Realty (625 Main)
Buyer's Agent
Molly Crosswhite
Summit Sotheby's International Realty (625 Main)
List Price
$2,200,000
Views
86
Current Estimated Value
$1,923,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.01%
Original Mortgage
$1,462,500
Outstanding Balance
$1,428,210
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$389,535

Purchase Details

Closed on
Aug 4, 2021
Sold by
Network Coverage Llc
Bought by
Amet Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,009,368
Interest Rate
3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Kpm Properties Llc -- First American Title Insurance
Amet Properties Llc -- Inwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kpm Properties Llc $1,462,500
Previous Owner Amet Properties Llc $1,009,368
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold -- -- --
03/08/2023 03/08/23 Pending -- -- --
02/10/2023 02/10/23 Price Changed $2,000,000 -4.8% $388 / Sq Ft
12/12/2022 12/12/22 Price Changed $2,100,000 -4.5% $408 / Sq Ft
11/10/2022 11/10/22 For Sale $2,200,000 -- $427 / 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
2023 $12,721 $2,193,970 $0 $2,193,970
2022 $10,843 $1,624,929 $0 $1,624,929
2021 $5,370 $650,000 $27,000 $623,000
2020 $5,384 $610,000 $0 $610,000
2019 $2,866 $300,000 $0 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 12204439

Park City Board of REALTORS®

APN: PEIIBCC-4-AM