NOT LISTED FOR SALE

5345 Ranch Place Park City, UT 84098

Estimated Value: $2,120,000 - $2,469,638

3 Beds
2.5 Baths
2,342 Sq Ft
$996/Sq Ft Est. Value

Last Sold December 12, 2023

Current estimated payment $13,983/month

Highlights

  • Views of Ski Resort
  • Spa
  • Deck
  • Parley's Park Elementary School Rated A-
  • 0.55 Acre Lot
  • Contemporary Architecture

About This Home

As of December 2023

Discover the charm of this mountain contemporary home nestled among mature trees in the coveted neighborhood of Silver Springs. This three-bed, two-and-a-half-bath home spans 2,342 square feet and sits on more than half an acre of serene, lush terrain. In 2019 the home went through major renovations, including all new windows and a new glass garage door on the exterior, and new finishes, appliances, and HVAC on the interior.

The mountain contemporary interior boasts a seamless blend of kitchen, dining, and living spaces, enhanced by an inviting gas fireplace and windows offering views of the scenic backyard. Interior updates include new engineered wood flooring, appliances, lighting, and paint throughout. The kitchen has been fully renovated with top-of-the-line appliances, cabinets, countertops, and fixtures. Enjoy hosting guests on the spacious backyard deck complete with a firepit, new hot tub, and multiple gathering spaces. The extensive fenced yard, populated with mature pine and aspen trees, ensures a serene and secluded atmosphere. Upstairs, via the updated, modern staircase, you'll find the primary suite and two bedrooms that share a full bathroom. Both have new carpet and updated bathroom cabinetry and countertops. The primary boasts a private deck to take in mountain and nature views. An oversized garage rounds out the home, providing ample space for all your gear to enjoy the abundant recreation right at your fingertips.

Silver Springs enchants with its two lakes, interconnected hiking and biking trail systems, top-tier schools, and convenient access to the free city bus route. Positioned opposite the Canyons Village at Park City Mountain Resort, the home enjoys a prime location between Kimball Junction and Park City's Historic Main Street, placing you just moments from the world-renowned ski slopes, golf courses, recreation, and entertainment of Park City.

Last Agent to Sell the Property

Zach White

KW Park City Keller Williams Real Estate Brokerage Email: Randal@KWParkCity.com License #9023861-AB00 Listed on: 10/17/2023

Last Buyer's Agent

Julie Hopkins

KW Park City Keller Williams Real Estate License #7671931-AB00

KW Park City Keller Williams Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,856

Year Built

  • Built in 1988

Lot Details

  • 0.55 Acre Lot
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $41 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Guest Parking

Property Views

  • Ski Resort
  • Mountain

Home Design

  • Contemporary Architecture
  • Mountain Contemporary Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,342 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Dining Room
  • Storage

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Private Water Source
  • Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Sls-155

Community Details

Overview

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,856

Year Built

Built in 1988

Lot Details

0

HOA Fees

$41 per month

Parking

2

Listing Details

  • MainLevelTotalsGreatRoom: 1
  • MainLevelTotalsHalfBaths: 1
  • Prop. Type: Residential
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Property Sub Type: Detached
  • Lot Size Acres: 0.55
  • Subdivision Name: Silver Springs
  • Architectural Style: Contemporary, Mountain Contemporary, Multi-Story
  • New Construction: No
  • Year Built: 1988
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: Randal@KWParkCity.com
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Sls-155
  • Property Info:Apx Taxes: 6856.0
  • Property Info:Tax Year2: 2022
  • Property Info:Access: Year Round
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Water:Private2: Yes
  • Sewage:Public Sewer: Yes
  • Views:Ski Area: Yes
  • Recreation Access:HikeBike Trail - Adjoining Project: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Total Half Baths2: 1
  • Property Info:Total Fireplaces: 1
  • Property Info:Accessory Dwelling Unit YN: No
  • Size of HouseLot:Apx SqFt Finished: 2342.0
  • Size of HouseLot:Apx Acres2: 0.55
  • Style:Mountain Contemporary: Yes
  • Foundation:Concrete Perimeter: Yes
  • Roof:Asphalt: 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
  • Flooring:Wood2: Yes
  • Garage Type Attached: Yes
  • Room Totals:Fireplace8: 1
  • Main Level Totals:Fireplace2: 1
  • Exterior:Wood Siding: Yes
  • Washers: Yes
  • Dining Area:Breakfast Bar: Yes
  • Room Totals:Great Room7: 1
  • Upper Level Totals:Full Baths2: 2
  • Size of HouseLot:Apx Lot Size (SqFt)2: 23958.0
  • Property Description:Level: Yes
  • Style:Multi-Story: Yes
  • Dining Area:Informal Dining: Yes
  • Fencing:Full: Yes
  • Other Structures:Shed(s): Yes
  • Exterior:Aluminum Siding: Yes
  • Cooling:None5: Yes
  • Upper Level 2 Totals:Full Baths4: 2
  • Main Level Totals:Laundry2: 1
  • Room Totals:Laundry8: 1
  • Property Description:Few Trees: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer, Other
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Storage, Spa/Hot Tub, Ceiling Fan(s), Ceiling(s) - 9 Ft Plus, Vaulted Ceiling(s), Walk-In Closet(s), Breakfast Bar
  • Other Equipment: Garage Door Opener, Water Heater - Gas, Water Softener - Owned
  • Accessibility Features: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Ceiling(s) - 9 Ft Plus: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Number of Fireplaces Gas: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:SpaHot Tub3: Yes
  • Appliances:Electric Dryer Hookup2: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Exterior Features: Deck(s), Landscaped - Fully, Lawn Sprinkler - Full, Patio(s)
  • Fencing: Full
  • Roof: Asphalt, Shingle
  • Other Structures: Shed(s)
  • Lot Features: Few Trees, Level
  • View: Mountain(s), Ski Area
  • Construction Type: Aluminum Siding, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Landscaped - Fully: Yes
  • Exterior Features:Lawn Sprinkler - Full: Yes
  • Exterior Features:Patio(s): Yes
  • Construction:Frame - Wood: Yes
  • Exterior Features:SpaHot Tub2: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Oversized, Guest
  • Property Info:Parking Spaces Covered: 2
  • Equipment:Garage Door Opener: Yes
  • Garage Type:Oversized: Yes
  • Size of HouseLot:Apx SqFt Garage: 698
  • Size of HouseLot:Source of Garage Measurements: Public Records
  • Other Park Type:Guest Parking: Yes

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Private
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 489.0
  • AssociationOccupant:HOA Dues Frequency: Annually
  • AssociationOccupant:HOA Contact: JESSICA
  • AssociationOccupant:HOA Contact Phone: 801-718-3757
  • AssociationOccupant:HOA Website: https://www.silverspringshomeowners.com/
  • AssociationOccupant:Currently Occupied: Owner
  • Common Area Amenities:Pets Allowed: Yes
  • Common Area Amenities:See Remarks30: Yes
  • Association Fees Included:Other3: Yes
  • Association Fees Included:See Remarks25: Yes
  • Common Area Amenities:Other6: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed, Other
  • Association Fee: 489.0
  • Association Fee Frequency: Annually
  • Phone: 801-718-3757
  • Association: Yes

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Parcel #: Sls-155
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6856.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2025
Sold by
Freeman Douglas K and Margetts Miranda L
Bought by
Douglas Freeman & Miranda Margetts Family Tru and Freeman
Current Estimated Value
$2,421,745

Purchase Details

Listed on
Oct 17, 2023
Closed on
Dec 12, 2023
Sold by
Robert D Nielson Trust and Tracy Ann Tanner Revocable Trust
Bought by
Freeman Douglas K and Margetts Miranda L
Seller's Agent
Zach White
KW Park City Keller Williams Real Estate
Buyer's Agent
Julie Hopkins
KW Park City Keller Williams Real Estate
List Price
$2,300,000
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.19%

Purchase Details

Closed on
Dec 1, 2022
Sold by
Nielson Robert D
Bought by
Robert D Nielson Trust and Tracy Ann Tanner Revocable Trust

Purchase Details

Listed on
May 8, 2018
Closed on
Aug 20, 2018
Sold by
Snowden Robert Eric and Snowden Irma Lee
Bought by
Nielson Robert D
Seller's Agent
Tim Whetsel
Windermere RE Utah - Park City
Buyer's Agent
Non-Member Non-Members
Coldwell Banker Realty
List Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%
Original Mortgage
$679,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Douglas Freeman & Miranda Margetts Family Tru -- Atlas Title Company
Freeman Douglas K -- Inwest Title
Robert D Nielson Trust -- --
Nielson Robert D -- Us Title Insurance Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nielson Robert D $679,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Sold -- -- --
10/17/2023 10/17/23 For Sale $2,300,000 +91.7% $982 / Sq Ft
08/23/2018 08/23/18 Sold -- -- --
07/22/2018 07/22/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $1,200,000 -- $506 / 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 $6,801 $1,188,325 $440,000 $748,325
2022 $6,856 $1,059,068 $440,000 $619,068
2021 $4,933 $662,192 $220,000 $442,192
2020 $4,417 $560,148 $220,000 $340,148
2019 $4,629 $1,018,450 $400,000 $618,450
2018 $3,663 $443,199 $107,250 $335,949
2017 $3,404 $443,199 $107,250 $335,949
2016 $3,662 $443,199 $107,250 $335,949
2015 $3,413 $389,753 $0 $0
2013 $2,618 $281,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 12303789

Park City Board of REALTORS®

APN: SLS-155