NOT LISTED FOR SALE

542 N Meriwether Way Midway, UT 84049

Estimated Value: $1,863,000 - $3,269,000

2.67 Acres
$942,850 Price per Acre
116,305 Sq Ft Lot

Last Sold February 03, 2016

Current estimated payment $15,212/month

429 Days on Market

Highlights

  • Golf Course View
  • 2.67 Acre Lot
  • Trails
  • Midway Elementary School Rated A-
  • Cul-De-Sac
  • Level Lot

About This Lot

As of February 2016

DEVELOPMENT IS LOCATED AT 550 NO. CENTER STREET, MIDWAY! Rare opportunity to buy premium building lots in the heart of Midway. Farm Springs is an estate lot subdivision with spectacular mountain views and animal rights within walking distance of downtown. Each oversized lot backs to open space. The project borders quaint farms, the Crater Springs Golf Course and an 8 acre private common area with natural hot springs. Minutes to all outdoor recreation; golf, fishing, skiing, boating, etc. 20 minutes to Utah County, 15 to Park City and 40 minutes to SLC.

Last Agent to Sell the Property

Susan Stewart

BHHS Utah Properties - SV License #5496367-AB00 Listed on: 07/14/2014

BHHS Utah Properties - SV

Last Buyer's Agent

Non-Member Non-Members

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $200

Lot Details

  • 2.67 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Irrigation

HOA Fees

  • $200 Monthly HOA Fees

Property Views

  • Golf Course
  • Mountain

Listing and Financial Details

  • Assessor Parcel Number 00-0021-0495

Community Details

Overview

  • Association Phone (631) 807-8466
  • Midway Subdivision
  • Planned Unit Development

Amenities

  • Common Area

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$200

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Property Sub Type: Acreage
  • Lot Size Acres: 2.67
  • Subdivision Name: Midway
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 00-0021-0495
  • Property Info:Apx Taxes: 200.0
  • Property Info:Tax Year2: 2014
  • Property Info:Access: Year Round
  • Size of Lot:Apx Lot Size (SqFt)3: 116305.0
  • Size of Lot:Apx Acres3: 2.67
  • Views:Mountain(s): Yes
  • Sewage:Public Sewer: Yes
  • Recreation Access:HikeBike Trail - Adjoining Property: Yes
  • Property Description:Adjacent Common Area Land: Yes
  • Water:Public2: Yes
  • Recreation Access:HikeBike Trail - Adjoining Project: Yes
  • Views:Golf Course: Yes
  • Property Description:PUD - Planned Unit Development: Yes
  • Property Description:Level: Yes
  • Water Irrigation: Yes
  • Property Description:Cul-De-Sac2: Yes
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Cul-De-Sac, Adjacent Common Area Land, Level, PUD - Planned Unit Development, Golf Course Hole # (See Remarks)
  • View: Golf Course, Mountain(s)

Utilities

  • Sewer: Public Sewer
  • Water Source: Irrigation, Public

Condo/Co-op/Association

  • Amenities: Pets Allowed
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Phone: 631-807-8466
  • Association: Yes

Association/Amenities

  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 200.0
  • AssociationOccupant:HOA Dues Frequency: Monthly
  • AssociationOccupant:HOA Contact: Daniel Luster
  • AssociationOccupant:HOA Contact Phone: 631.807.8466
  • Common Area Amenities:Pets Allowed: Yes
  • Association Fees Include:Com Area Taxes2: Yes
  • Association Fees Include:Insurance2: Yes
  • Association Fees Include:Maintenance Grounds2: Yes
  • Association Fees Include:Maintenance Exterior2: Yes
  • Ranch Amenities:Pond: Yes
  • Ranch Amenities:Lake2: Yes
  • Ranch Amenities:Spring: Yes

Lot Info

  • Lot Size Sq Ft: 116305.2
  • Parcel #: 00-0021-0495
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2014
Closed on
Feb 2, 2016
Sold by
L & M Partners Llc
Bought by
Locke Tys J and Locke Lyndsey P
Seller's Agent
Susan Stewart
BHHS Utah Properties - SV
Buyer's Agent
Non-Member Non-Members
Coldwell Banker Realty
List Price
$395,000
Sold Price
$355,000
Premium/Discount to List
-$40,000
-10.13%
Current Estimated Value
$2,517,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,162,410
Avg. Annual Appreciation
23.07%
Original Mortgage
$248,500
Interest Rate
3.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Locke Tys J -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locke Tyson J $817,650
Closed Locke Tyson J $1,075,000
Closed Locke Tys J $248,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2016 02/03/16 Sold -- -- --
09/17/2015 09/17/15 Pending -- -- --
07/14/2014 07/14/14 For Sale $395,000 -- --
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
2024 $11,850 $2,165,200 $942,000 $1,223,200
2023 $11,850 $2,165,200 $942,000 $1,223,200
2022 $12,694 $2,165,200 $942,000 $1,223,200
2021 $7,584 $1,062,800 $400,000 $662,800
2020 $3,648 $495,625 $395,000 $100,625
2019 $4,834 $0 $0 $0
2018 $4,834 $395,000 $0 $0
2017 $4,863 $395,000 $0 $0
2016 $4,986 $395,000 $0 $0
2015 $4,738 $395,000 $395,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 11402584

Park City Board of REALTORS®

APN: 00-0021-0495