Last list price
480 E Saddle Dr Midway, UT 84049
5
Beds
4.5
Baths
4,094
Sq Ft
0.51
Acres
Highlights
- Home Theater
- Spa
- Mountain View
- Midway Elementary School Rated A-
- RV Access or Parking
- Wood Burning Stove
About This Home
As of June 2025Nestled 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
Summit Sotheby's International Realty -Silver Lake License #5657397-AB00 Listed on: 04/18/2025
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
- 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
- Spa
- 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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.77%
Original Mortgage
$1,480,000
Outstanding Balance
$1,478,741
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$479,170
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.22%
Mortgage Type
Commercial
Purchase Details
Closed on
May 22, 2007
Sold by
Cortland Ridge Development
Bought by
Sjdm Investments Llc
Similar Homes in Midway, UT
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First American Title Insurance | |
| 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 | |
| Closed | $1,480,000 | New Conventional | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $250,001 | New Conventional | |
| Previous Owner | $145,300 | Credit Line Revolving | |
| Previous Owner | $305,000 | New Conventional | |
| Previous Owner | $417,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $250,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 | -- | -- | -- |
| 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
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 |
|---|---|---|---|---|
| 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
-
Brad Thompson
Seller's Agent in 2025
Brad Thompson
Summit Sotheby's International Realty -Silver Lake
(435) 649-1884
2 in this area
72 Total Sales
-
Sean Railton
Buyer's Agent in 2025
Sean Railton
Windermere Real Estate - Utah
(435) 640-2835
1 in this area
60 Total Sales
-
Alison North
Buyer Co-Listing Agent in 2025
Alison North
Windermere Real Estate - Utah
(801) 598-1160
1 in this area
37 Total Sales
-
Jeff Findarle
J
Seller's Agent in 2012
Jeff Findarle
Allstar Realty - Heber
(435) 503-0514
15 in this area
50 Total Sales
-
N
Buyer's Agent in 2012
Non Member Licensee
Non Member
Map
Source: Park City Board of REALTORS®
MLS Number: 12501633
APN: 00-0020-5516
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