506 E Main St Midway, UT 84049
Estimated payment $5,954/month
Total Views
1,340
3
Beds
1
Bath
2,010
Sq Ft
$497
Price per Sq Ft
Highlights
- Wood Flooring
- Corner Lot
- Cottage
- Midway Elementary School Rated A-
- No HOA
- 3 Car Detached Garage
About This Home
Prime Midway Bungalow on Historic Main Street - Back on the Market! This charming Midway bungalow, built in 1920, sits on nearly half an acre along desirable Historic Main Street, offering exceptional visibility and countless possibilities. Most recently leased by a heating and air company, this property combines vintage charm with modern potential. For the past decade, it has operated as an insurance office, though the home has retained its original character and could easily be converted back to a residence. Prior to its commercial use, it served as a single-family home for over 90 years. With mixed-use zoning, this property is ideal for retail, residential, or commercial ventures. The structure features beautiful, thick pot rock walls and stunning original hardwood floors. This is a fantastic opportunity for investors or owner-occupants seeking a unique and highly visible property in the heart of Midway. Buyer to verify all information. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,558
Year Built
- Built in 1920
Lot Details
- 0.45 Acre Lot
- Corner Lot
- Level Lot
- Sprinklers on Timer
Parking
- 3 Car Detached Garage
- Unassigned Parking
Home Design
- Cottage
- Stone Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- 2,010 Sq Ft Home
- Family Room
Kitchen
- Eat-In Kitchen
- Electric Range
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- 1 Full Bathroom
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
Community Details
- No Home Owners Association
- Midway Subdivision
Listing and Financial Details
- Assessor Parcel Number 00-0006-6022
Map
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Home Values in the Area
Average Home Value in this Area
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 | $5,558 | $610,000 | $350,000 | $260,000 |
| 2023 | $5,558 | $610,000 | $350,000 | $260,000 |
| 2022 | $2,103 | $209,724 | $153,000 | $56,724 |
| 2021 | $2,721 | $209,724 | $153,000 | $56,724 |
| 2020 | $2,806 | $209,724 | $153,000 | $56,724 |
| 2019 | $2,567 | $209,724 | $0 | $0 |
| 2018 | $2,567 | $209,724 | $0 | $0 |
| 2017 | $2,582 | $209,724 | $0 | $0 |
| 2016 | $2,647 | $209,724 | $0 | $0 |
| 2015 | $2,515 | $209,724 | $153,000 | $56,724 |
| 2014 | $2,618 | $209,724 | $153,000 | $56,724 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | Price Changed | $999,000 | 0.0% | $497 / Sq Ft |
| 06/24/2025 06/24/25 | Price Changed | $999,000 | -4.8% | $497 / Sq Ft |
| 06/05/2025 06/05/25 | Price Changed | $1,049,000 | 0.0% | $522 / Sq Ft |
| 06/05/2025 06/05/25 | Price Changed | $1,049,000 | -4.6% | $522 / Sq Ft |
| 05/23/2025 05/23/25 | For Sale | $1,100,000 | 0.0% | $547 / Sq Ft |
| 05/23/2025 05/23/25 | For Sale | $1,100,000 | 0.0% | $547 / Sq Ft |
| 05/16/2025 05/16/25 | Pending | -- | -- | -- |
| 05/16/2025 05/16/25 | Pending | -- | -- | -- |
| 05/14/2025 05/14/25 | Price Changed | $1,100,000 | 0.0% | $547 / Sq Ft |
| 05/14/2025 05/14/25 | For Sale | $1,100,000 | 0.0% | $547 / Sq Ft |
| 05/14/2025 05/14/25 | For Sale | $1,100,000 | +10.1% | $547 / Sq Ft |
| 03/13/2024 03/13/24 | Pending | -- | -- | -- |
| 03/06/2024 03/06/24 | Off Market | -- | -- | -- |
| 02/23/2024 02/23/24 | Price Changed | $999,000 | -13.1% | $497 / Sq Ft |
| 01/30/2024 01/30/24 | Price Changed | $1,150,000 | -7.9% | $572 / Sq Ft |
| 01/24/2024 01/24/24 | For Sale | $1,249,000 | 0.0% | $621 / Sq Ft |
| 01/02/2024 01/02/24 | Pending | -- | -- | -- |
| 11/29/2023 11/29/23 | For Sale | $1,249,000 | -- | $621 / Sq Ft |
Source: Park City Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Similar Homes in Midway, UT
Source: Park City Board of REALTORS®
MLS Number: 12502060
APN: 00-0006-6022
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