NOT LISTED FOR SALE

554 N Red Ledges Village Way Heber City, UT 84032

Estimated Value: $1,918,000 - $2,364,000

3 Beds
3.5 Baths
2,419 Sq Ft
$883/Sq Ft Est. Value

Last Sold August 21, 2023

Current estimated payment $13,332/month

116 Days on Market

Highlights

  • Fitness Center
  • Mountain View
  • Clubhouse
  • Under Construction
  • Private Membership Available
  • Mountain Contemporary Architecture

About This Home

As of August 2023

The newest neighborhood at Red Ledges, built by Red Ledges Homebuilding, is the Village Center Cabins. This neighborhood will consist of 17 three bedroom cabins. The cabins are steps away from the newest amenity at Red Ledges, the Village Center, which features panoramic views, the Jack Nicklaus Signature Golf Park, a 144 ft water slide, bar and grill, kids' water playground, and more. The Village Center Cabins are the perfect place to enjoy the Red Ledges lifestyle and spend time with your family and friends. The cabins offer single-level open floor plans, outdoor living space, a two-car tandem garage, and high quality finishes.

Snow removal and landscaping is included in the community association dues. This cabin is currently Under Construction. Starting price is $1,825,000. Price quoted is likely to change. Final pricing will be decided at four-way. Club membership is required for purchase. Contact listing agent for pricing. Buyer to verify all information. Please call listing agent for additional details or with questions. A Capital Contribution fee of 0.5% of the sales price is required at closing from the Buyer for future capital reserve, maintenance and services provided by the HOA.

Last Agent to Sell the Property

Nancy Seraphin

KW Park City Keller Williams RE Red Ledges License #5450016-BB00 Listed on: 01/18/2023

Last Buyer's Agent

Zachary Mutsch

Christies International RE PC License #12793175-SA00

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,547

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 5,227 Sq Ft Lot
  • Property fronts a private road
  • Gated Home
  • Natural State Vegetation

HOA Fees

  • $590 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Drain
  • Garage Door Opener

Property Views

  • Mountain
  • Valley

Home Design

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

Interior Spaces

  • 2,419 Sq Ft Home
  • Gas Fireplace
  • Family Room
  • Formal Dining Room
  • Prewired Security
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-0021-3378

Community Details

Overview

  • Association fees include security, snow removal
  • Private Membership Available
  • Association Phone (435) 657-4068
  • Visit Association Website
  • Red Ledges Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,547

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$590 per month

Parking

2

Listing Details

  • MainLevelTotalsBedroom: 3
  • MainLevelTotalsFamilyRoom: 1
  • MainLevelTotalsFullBaths: 3
  • MainLevelTotalsHalfBaths: 1
  • Prop. Type: Residential
  • Road Frontage Type: Gated, Private Road
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.12
  • Subdivision Name: Red Ledges
  • Architectural Style: Cabin, Mountain Contemporary
  • New Construction: Yes
  • Year Built: 2023
  • ResoBuildingAreaSource: Plans
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 00-0021-3378
  • Property Info:Apx Taxes: 2547.0
  • Property Info:Tax Year2: 2021
  • Property Info:Access: Year Round
  • Property Description:Natural Vegetation: Yes
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Property Description:Adjacent Common Area Land: Yes
  • Views:Valley: Yes
  • Water:Public2: Yes
  • Road Frontage Type:Gated: Yes
  • Road Frontage Type:Private Road: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: Yes
  • Property Info:Construction Status: Under Construction
  • Property Info:Total Half Baths2: 1
  • Property Info:Total Fireplaces: 1
  • Property Info:Accessory Dwelling Unit YN: No
  • Size of HouseLot:Apx SqFt Finished: 2419.0
  • Size of HouseLot:Apx Acres2: 0.12
  • Style:Mountain Contemporary: Yes
  • Foundation:Concrete Perimeter: Yes
  • Roof:Metal: Yes
  • Roof:Shingle: Yes
  • Cooling:Central Air: Yes
  • Equipment:Smoke Alarm: Yes
  • Equipment:Thermostat - Programmable: Yes
  • Equipment:Water Heater - Gas: Yes
  • Dining Area:Semi-Formal Dining: Yes
  • Garage Type Attached: Yes
  • Room Totals:Family Room7: 1
  • Room Totals:Fireplace8: 1
  • Main Level Totals:Fireplace2: 1
  • Exterior:Wood Siding: Yes
  • Property Info:Apx Date Proposed Completion: 2023-01-31
  • Equipment:Security System - Prewired: Yes
  • Main Level Totals:Laundry2: 1
  • Room Totals:Laundry8: 1
  • Special Features: NewHome

Interior Features

  • Appliances: See Remarks
  • Interior Amenities: See Remarks
  • Other Equipment: Appliances, Fire Pressure System, Garage Door Opener, Security System - Prewired, Smoke Alarm, Thermostat - Programmable, Water Heater - Gas
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Number of Fireplaces Gas: Yes
  • Appliances: Yes
  • Appliances:See Remarks17: Yes
  • Interior Features:See Remarks18: Yes

Exterior Features

  • Exterior Features: See Remarks
  • Roof: Metal, Shingle
  • Lot Features: Adjacent Common Area Land, Natural Vegetation
  • View: Mountain(s), Valley
  • Construction Type: Wood Siding
  • Foundation Details: Concrete Perimeter
  • Construction:Frame - Wood: Yes
  • Exterior Features:See Remarks20: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Floor Drain
  • Property Info:Parking Spaces Covered: 2
  • Equipment:Garage Door Opener: Yes
  • Garage Type:Floor Drain: Yes

Utilities

  • Cooling: Central Air
  • Heating: Fireplace(s), Forced Air
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Fireplace(s): Yes

Association/Amenities

  • MembershipAmenitiesGolfMembership: Available
  • MembershipAmenitiesMembershipAvailable: Yes
  • MembershipAmenitiesSocialLifestyleMembership: Available
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 7085.0
  • AssociationOccupant:HOA Dues Frequency: Annually
  • AssociationOccupant:HOA Contact: Daine Smith
  • AssociationOccupant:HOA Contact Phone: 435-657-4068
  • AssociationOccupant:HOA Website: redledges.com
  • Common Area Amenities:Clubhouse: Yes
  • Common Area Amenities:Fitness Room: Yes
  • Common Area Amenities:Pool: Yes
  • AssociationOccupant:Currently Occupied: Call Listing Agent
  • Association Fees Included:Snow Removal: Yes
  • Common Area Amenities:Tennis Courts: Yes
  • Association Fees Included:Security: Yes
  • Common Area Amenities:SpaHot Tub: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Fitness Room, Pool, Tennis Courts, Hot Tub
  • Association Fee: 7085.0
  • Association Fee Frequency: Annually
  • Phone: 435-657-4068
  • Association: Yes

Fee Information

  • Association Fee Includes: Security, Snow Removal

Lot Info

  • Development Status: Construction Status
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 00-0021-3378
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2547.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Aug 22, 2023
Sold by
Red Ledges Land Development In
Bought by
Olsen Ryder and Olsen Josilyn
Seller's Agent
Nancy Seraphin
KW Park City Keller Williams RE Red Ledges
Buyer's Agent
Zachary Mutsch
Christies International RE PC
List Price
$1,825,000
Sold Price
$1,950,000
Premium/Discount to List
$125,000
6.85%
Total Days on Market
116
Views
121
Current Estimated Value
$2,134,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,948
Avg. Annual Appreciation
5.02%
Original Mortgage
$1,755,000
Outstanding Balance
$1,705,487
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$429,461
Source: Public Records

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Range of Values:

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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
Olsen Ryder -- Summit Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsen Ryder $1,755,000
Previous Owner Red Ledges Land Development In $7,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold -- -- --
05/15/2023 05/15/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $1,825,000 -- $754 / 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
2024 $16,945 $1,831,500 $300,000 $1,531,500
2023 $16,945 $1,165,750 $250,000 $915,750
2022 $2,529 $250,000 $250,000 $0
2021 $2,547 $200,000 $200,000 $0
2020 $850 $65,000 $65,000 $0
2019 $372 $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 12300147

Park City Board of REALTORS®

APN: 00-0021-3378