$2,000,000
SOLD JUN 30, 2025
Last list price

480 E Saddle Dr Midway, UT 84049

5 Beds
4.5 Baths
4,094 Sq Ft
0.51 Acres

Recently Sold

$489 Per Sq Ft

32 Days on Market

Highlights

  • Home Theater
  • Indoor Spa
  • Mountain View
  • Midway Elementary School Rated A-
  • RV Access or Parking
  • Wood Burning Stove

About This Home

As of June 2025

Nestled in the scenic Heber Valley, this stunning home offers the perfect blend of mountain tranquility and modern comfort. Located in the sought-after town of Midway, known for its alpine charm and year-round recreation, this beautifully crafted property is an ideal primary residence, vacation home, or investment retreat. Step inside to a spacious, light-filled interior featuring high ceilings, elegant finishes, and thoughtful design. The open-concept living area flows seamlessly into a gourmet kitchen with granite countertops, stainless steel appliances, and ample space for entertaining. Large windows frame breathtaking views of the Wasatch Mountains, and a cozy fireplace invites you to unwind after a day of skiing, hiking, or exploring. The primary suite is a private oasis with a spa-like en-suite bath, walk-in closet, and private patio. Additional bedrooms offer generous space for family and guests. Enjoy summer evenings on the deck, or relax in the beautifully landscaped yard that backs up to open space. Just minutes from world-class skiing at Deer Valley and Park City, the Homestead Crater, golf courses, and the charming shops and restaurants of historic Midway. Easy access to Salt Lake City makes this mountain home as convenient as it is beautiful.

Last Agent to Sell the Property

Brad Thompson

Summit Sotheby's International Realty -Silver Lake License #5657397-AB00 Listed on: 04/18/2025

Summit Sotheby's International Realty -Silver Lake

Last Buyer's Agent

Sean Railton

Windermere Real Estate - Utah License #5452001-SA00

Windermere Real Estate - Utah

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,953

Year Built

  • Built in 2013

Lot Details

  • 0.51 Acre Lot
  • Property fronts a private road
  • Partially Fenced Property
  • Natural State Vegetation
  • Secluded Lot
  • Sloped Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • RV Access or Parking

Property Views

  • Mountain
  • Valley

Home Design

  • Mountain Contemporary Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • HardiePlank Siding
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 4,094 Sq Ft Home
  • Central Vacuum
  • Sound System
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Self Contained Fireplace Unit Or Insert
  • Family Room
  • Dining Room
  • Home Theater
  • Indoor Spa
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Balcony
  • Patio
  • Porch

Horse Facilities and Amenities

  • Riding Trail

Utilities

  • Air Conditioning
  • Humidifier
  • Forced Air Heating System
  • Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 00-0020-5516

Community Details

Overview

  • Association Phone (801) 557-0160
  • Burgi Hill Ranches Subdivision

Recreation

  • Horse Trails
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,953

Year Built

Built in 2013

Lot Details

0

HOA Fees

$125 per month

Parking

3

Listing Details

  • MainLevelTotalsBedroom: 1
  • MainLevelTotalsDiningRoom: 1
  • MainLevelTotalsFamilyRoom: 1
  • MainLevelTotalsFullBaths: 1
  • MainLevelTotalsHalfBaths: 1
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.51
  • Subdivision Name: Burgi Hill Ranches
  • Architectural Style: Mountain Contemporary
  • New Construction: No
  • Year Built: 2013
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 00-0020-5516
  • Property Info:Apx Taxes: 6953.0
  • Property Info:Tax Year2: 2024
  • Property Description:Gradual Slope: Yes
  • Property Description:Natural Vegetation: Yes
  • Property Description:Secluded: 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
  • Road Frontage Type:Private Road: Yes
  • Utilities:Electricity Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Construction Status: Complete
  • Property Info:Total Fireplaces: 1
  • Property Info:Accessory Dwelling Unit YN: No
  • Size of HouseLot:Apx SqFt Finished: 4094.0
  • Size of HouseLot:Apx Acres2: 0.51
  • Style:Mountain Contemporary: Yes
  • Exterior:HardiPlank Type: Yes
  • Exterior:Stone: Yes
  • Foundation:Concrete Perimeter: Yes
  • Roof:Metal: Yes
  • Roof:Shingle: Yes
  • Equipment:Water Heater - Gas: Yes
  • Equipment:Water Softener - Owned: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Garage Type Attached: Yes
  • Room Totals:Family Room7: 2
  • Room Totals:Fireplace8: 1
  • Main Level Totals:Fireplace2: 1
  • Lower Level Totals:Family Room3: 1
  • Lower Level Totals:Fireplace4: 1
  • Equipment:Audio System: Yes
  • Washers: Yes
  • Dining Area:Breakfast Bar: Yes
  • Room Totals:Dining Room7: 1
  • Size of HouseLot:Apx Lot Size (SqFt)2: 22216.0
  • Fencing:Partial: Yes
  • Dining Area:Informal Dining: Yes
  • Recreation Access:Horse Trail: Yes
  • Equipment:Security System - Installed: Yes
  • Equipment:Central Vacuum: Yes
  • Room Totals:Media Room7: 1
  • Other Park Type:Rec Vehicle: Yes
  • Main Level Totals:Laundry2: 1
  • Room Totals:Laundry8: 2
  • Lower Level Totals:Laundry4: 1
  • Appliances Dryer: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Humidifier, Dishwasher, Disposal, Double Oven, Freezer, Gas Range, Microwave, Oven, Refrigerator, Washer
  • Has Basement: Walk-Out Access
  • Flooring: Carpet, Tile
  • Interior Amenities: Spa/Hot Tub, Ceiling Fan(s), Ceiling(s) - 9 Ft Plus, Double Vanity, Main Level Master Bedroom, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Breakfast Bar
  • Other Equipment: Audio System, Central Vacuum, Security System - Installed, Water Heater - Gas, Water Softener - Owned
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Insert, Wood Burning Stove, See Remarks
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling(s) - 9 Ft Plus: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Main Level Master Bedroom: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Double Oven: Yes
  • Fireplaces:Wood Burning Stove: Yes
  • Appliances:Freezer: Yes
  • Fireplaces:Insert: Yes
  • Interior Features:SpaHot Tub3: Yes
  • Appliances:Electric Dryer Hookup2: Yes
  • Fireplaces:See Remarks22: Yes

Exterior Features

  • Exterior Features: Balcony, See Remarks
  • Fencing: Partial
  • Roof: Metal, Shingle
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gradual Slope, Natural Vegetation, Secluded
  • View: Mountain(s), Valley
  • Construction Type: HardiPlank Type, Stone
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Patio
  • Exterior Features:Lawn Sprinkler - Full: Yes
  • Exterior Features:Patio(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Porch: Yes
  • Construction:Frame - Wood: Yes
  • Exterior Features:See Remarks20: Yes
  • Exterior Features:SpaHot Tub2: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Heated Garage
  • Property Info:Parking Spaces Covered: 3
  • Garage Type:Heated Garage: Yes

Utilities

  • Cooling: Air Conditioning
  • Heating: Fireplace(s), Forced Air
  • Utilities: Electricity Connected, High Speed Internet Available
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public, Secondary Water
  • Heating:Forced Air: Yes
  • Air Conditioner: Yes
  • Heating:Fireplace(s): Yes

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 125.0
  • AssociationOccupant:HOA Dues Frequency: Monthly
  • AssociationOccupant:HOA Contact: Community Solutions
  • AssociationOccupant:HOA Contact Phone: 801-557-0160
  • AssociationOccupant:Currently Occupied: Call Listing Agent

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Monthly
  • Phone: 801-557-0160
  • Association: Yes

Lot Info

  • Development Status: Construction Status
  • Horse Amenities: Riding Trail
  • Lot Size Sq Ft: 22216.0
  • Parcel #: 00-0020-5516

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6953.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2025
Closed on
Jun 10, 2025
Sold by
Bradley Terry and Bradley Karyn Terry
Bought by
Schultz Robert Aaron and Schultz Julianne
Seller's Agent
Brad Thompson
Summit Sotheby's International Realty -Silver Lake
Buyer's Agent
Sean Railton
Windermere Real Estate - Utah
List Price
$2,000,000
Views
32
Current Estimated Value
$1,890,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$1,480,000
Outstanding Balance
$1,474,920
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$415,348

Purchase Details

Closed on
Apr 1, 2015
Sold by
Johnson Robert and Johnson Amy
Bought by
Terry Bradley and Terry Karyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,001
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2012
Sold by
Western Community Bank
Bought by
Johnson Robert and Johnson Amy

Purchase Details

Closed on
Jul 30, 2009
Sold by
Cortland Ridge Development Inc
Bought by
Western Community Bank

Purchase Details

Closed on
Mar 31, 2008
Sold by
Sjdm Investments Llc
Bought by
Cortland Ridge Development Inc

Purchase Details

Closed on
May 22, 2007
Sold by
Cortland Ridge Development
Bought by
Sjdm Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 -- First American Title Insurance
Warranty Deed -- Us Title
Warranty Deed -- None Available
Trustee Deed -- None Available
Special Warranty Deed -- Atlas Title Insurance
Special Warranty Deed -- Atlas Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,480,000 New Conventional
Previous Owner $250,001 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2025 06/30/25 Sold -- -- --
05/20/2025 05/20/25 Pending -- -- --
04/18/2025 04/18/25 For Sale $2,000,000 +643.5% $489 / Sq Ft
03/06/2012 03/06/12 Sold -- -- -- View Prior Sale
02/29/2012 02/29/12 Pending -- -- --
09/20/2011 09/20/11 For Sale $269,000 -- $135 / 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
2025 $7,032 $1,387,400 $350,000 $1,037,400
2024 $6,953 $1,387,400 $300,000 $1,087,400
2023 $6,953 $1,156,224 $300,000 $856,224
2022 $6,376 $1,156,224 $300,000 $856,224
2021 $4,838 $677,983 $220,000 $457,983
2020 $5,280 $717,483 $259,500 $457,983
2019 $4,093 $334,391 $0 $0
2018 $3,811 $311,396 $0 $0
2017 $3,834 $311,396 $0 $0
2016 $3,218 $254,913 $0 $0
2015 $3,057 $254,913 $0 $0
2014 $1,123 $249,413 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 12501633

Park City Board of REALTORS®

APN: 00-0020-5516