NOT LISTED FOR SALE

6320 Silver Sage Dr Park City, UT 84098

Estimated Value: $2,126,000 - $3,445,000

5 Beds
3.5 Baths
4,862 Sq Ft
$613/Sq Ft Est. Value

Last Sold June 18, 2018

Current estimated payment $14,959/month

1 Day on Market

Highlights

  • Views of Ski Resort
  • Horse Property
  • Vaulted Ceiling
  • Trailside School Rated 10
  • 2.03 Acre Lot
  • Ranch Style House

About This Home

As of June 2018

Cash cow investment opportunity. Imagine owning a 4800 square-foot log cabin home with 360 degree unobstructed views spanning to all 3 ski resorts of Park City and the High Uintas. The best part of it is that it also generates over $9,000 a month income. This spectacular horse property has huge cell tower income and rental income. 5 bedroom, 4 bath on 2.03 acres. Mountain contemporary log home with vaulted ceilings throughout the main floor. Truly a great opportunity or investment for anyone. Advanced notice required for showings. Tenants live at the property and are on a month to month lease. PROPERTY IS BEING SOLD IN AS IS CONDITION.

Last Agent to Sell the Property

Bradley Thompson

Summit Sotheby's International Realty (545 Main) Listed on: 05/02/2018

Co-Listed By

Seth Marcus

Summit Sotheby's (Salt Lake) License #6346524SA00

Last Buyer's Agent

B+RAD Thompson

Coldwell Banker Res - PC 1

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,674

Year Built

  • Built in 1995

Lot Details

  • 2.03 Acre Lot
  • Partially Fenced Property

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 3 Car Garage

Property Views

  • Ski Resort
  • Mountain

Home Design

  • Ranch Style House
  • Slab Foundation
  • Metal Roof
  • Log Siding

Interior Spaces

  • 4,862 Sq Ft Home
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Great Room
  • Family Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Horse Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Private Water Source

Community Details

  • Highland Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number HE-B-254

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,674

Year Built

Built in 1995

Lot Details

0

HOA Fees

$3 per month

Parking

3

Listing Details

  • MainLevelTotalsBedroom: 3
  • MainLevelTotalsFullBaths: 2
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Property Sub Type: Detached
  • Lot Size Acres: 2.03
  • Co List Office Mls Id: SSIR5
  • Co List Office Phone: 801-467-2100
  • Subdivision Name: Highland Estates
  • Architectural Style: Ranch/Rambler
  • New Construction: No
  • Year Built: 1995
  • ResoBuildingAreaSource: PublicRecords
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: HE-B-254
  • Property Info:Apx Taxes: 6674.0
  • Property Info:Tax Year2: 2018
  • Property Info:Access: Year Round
  • Views:Mountain(s): Yes
  • Water:Private2: Yes
  • Views:Ski Area: 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: 2
  • Size of HouseLot:Apx SqFt Finished: 4862.0
  • Size of HouseLot:Apx Acres2: 2.03
  • Style:RanchRambler: Yes
  • Roof:Metal: Yes
  • Flooring:Tile: Yes
  • Room Totals:Family Room7: 1
  • Room Totals:Fireplace8: 2
  • Main Level Totals:Fireplace2: 2
  • Lower Level Totals:Family Room3: 1
  • Lower Level Totals:Full Baths3: 1
  • Dining Area:Breakfast Bar: Yes
  • Room Totals:Great Room7: 1
  • Size of HouseLot:Apx Lot Size (SqFt)2: 88427.0
  • Fencing:Partial: Yes
  • Property Description:Horse Property: Yes
  • Exterior:Log Siding: Yes
  • Lower Level Totals:Great Room3: 1
  • Foundation:Slab: Yes
  • Room Totals:Laundry8: 1
  • Lower Level Totals:Laundry4: 1
  • Upper Level 2 Totals:Half Baths4: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Other
  • Flooring: Tile
  • Interior Amenities: Jetted Bath Tub(s), Vaulted Ceiling(s), Breakfast Bar
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Jetted Bath Tub(s): Yes
  • Number of Fireplaces Woodburning: Yes
  • Appliances:Double Oven: Yes

Exterior Features

  • Fencing: Partial
  • Roof: Metal
  • Lot Features: Horse Property
  • View: Mountain(s), Ski Area
  • Construction Type: Log Siding, Log
  • Foundation Details: Slab
  • Construction:Log: Yes

Garage/Parking

  • OtherParkTypeParkingSpaces: 4
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Property Info:Parking Spaces Covered: 3

Utilities

  • Heating: Forced Air, Natural Gas, Radiant Floor
  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating Yn: Yes
  • Water Source: Private
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Association Fee: 37.0
  • Association Fee Frequency: Annually
  • Phone: N/A
  • Association: Yes

Association/Amenities

  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 37.0
  • AssociationOccupant:HOA Dues Frequency: Annually
  • AssociationOccupant:HOA Contact: N/A
  • AssociationOccupant:HOA Contact Phone: N/A
  • AssociationOccupant:Currently Occupied: Call Listing Agent
  • Association Fees Included:Other3: Yes
  • Association Fees Included:See Remarks25: Yes

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Lot Size Sq Ft: 88427.0
  • Parcel #: HE-B-254
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6674.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Jun 14, 2018
Sold by
Kvr Holdings Llc
Bought by
Park Tower Utah Llc
Seller's Agent
Bradley Thompson
Summit Sotheby's International Realty (545 Main)
Buyer's Agent
B+RAD Thompson
Coldwell Banker Res - PC 1
List Price
$1,793,000
Current Estimated Value
$2,528,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$730,000
Outstanding Balance
$637,910
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$1,904,768

Purchase Details

Closed on
May 14, 2008
Sold by
Datta Sanchaita and Bhaskar Ragula
Bought by
Kvr Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 13, 2007
Sold by
Elggren David D and Arlene Elggren N
Bought by
Datta Sanchaita and Bhaskar Ragula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$823,500
Interest Rate
6.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Park Tower Utah Llc -- Us Title Insurance Agency
Kvr Holdings Llc -- None Available
Datta Sanchaita -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Tower Utah Llc $730,000
Previous Owner Kvr Holdings Llc $805,000
Previous Owner Stokes Michael A $645,000
Previous Owner Datta Sanchaita $823,500
Previous Owner Elggren David D $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2018 06/18/18 Sold -- -- --
05/04/2018 05/04/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $1,793,000 -- $369 / 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 $13,320 $2,327,372 $727,200 $1,600,172
2022 $12,286 $1,897,740 $517,200 $1,380,540
2021 $9,750 $1,308,729 $517,200 $791,529
2020 $10,321 $1,308,729 $517,200 $791,529
2019 $7,679 $1,462,781 $517,200 $945,581
2018 $7,181 $868,915 $409,200 $459,715
2017 $6,674 $868,915 $409,200 $459,715
2016 $6,411 $775,915 $316,200 $459,715
2015 $6,217 $709,978 $0 $0
2013 $5,426 $583,716 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 11803673

Park City Board of REALTORS®

APN: HE-B-254