NOT LISTED FOR SALE

7518 N Sage Meadow Rd Park City, UT 84098

Estimated Value: $5,318,000 - $6,102,000

5 Beds
5.5 Baths
5,594 Sq Ft
$1,040/Sq Ft Est. Value

Last Sold April 14, 2020

Current estimated payment $32,935/month

222 Days on Market

Highlights

  • Views of Ski Resort
  • Fitness Center
  • New Construction
  • South Summit High School Rated 9+
  • Home Theater
  • Clubhouse

About This Home

As of April 2020

Fresh modern new construction located in Promontory Sunset Ridge. The main level incl. huge kitchen/great room w/firepl that opens to gorgeous outdoor entertaining patio w/large gas outdoor firepit & unobstructed views of Deer Valley & Vail's Park City Ski Runs . Enjoy 2 master suites on the main level along w/ a 3rd bdrm suite. Drive into your expansive 3 car garage & enter into the main level to a beautiful dropping off point w/ lockers for all your outdoor gear. Floating stairs take you up to an office loft w/ another bdrm suite. From the main level you can descend to the lower level family room incl. media room, bunk rm suite & tons of storage. It is all prewired & ready for the smart home provider of your choice. All bathrm flooring & lower level has in floor radiant heating. The main & upper levels have forced air & A/C.The roof is accented with core tin roofing and gutters & the unique beautiful outdoor metal retailing walls make this home stands out. Construction complete.

Last Agent to Sell the Property

Kari Koyle

Windermere Utah - Wasatch Back Listed on: 02/21/2020

Co-Listed By

Patty Horie

Windermere Utah - Wasatch Back License #6026296BB00

Last Buyer's Agent

Shannon Lee

Summit Sotheby's International Realty License #6217444-SA00

Summit Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,913

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 1.01 Acre Lot
  • Property fronts a private road
  • Gated Home
  • Landscaped
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Drain
  • Garage Door Opener

Property Views

  • Ski Resort
  • Mountain
  • Valley

Home Design

  • Mountain Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Roof
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 5,594 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Vaulted Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • Great Room
  • Family Room
  • Dining Room
  • Home Theater
  • Home Office
  • Loft
  • Storage

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Prewired Security
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Connected
  • Private Water Source
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Pssr-16

Community Details

Overview

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,913

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$300 per month

Parking

3

Listing Details

  • MainLevelTotalsBedroom: 3
  • MainLevelTotalsFullBaths: 3
  • MainLevelTotalsGreatRoom: 1
  • MainLevelTotalsHalfBaths: 1
  • Prop. Type: Residential
  • Road Frontage Type: Gated, Private Road
  • Road Surface Type: Paved
  • Study/Office/Den: 1
  • Property Sub Type: Detached
  • Lot Size Acres: 1.01
  • Co List Office Mls Id: WINCOAL
  • Co List Office Phone: 435-336-0500
  • Subdivision Name: Sunset Ridge
  • Architectural Style: Mountain Contemporary
  • New Construction: Yes
  • Year Built: 2019
  • ResoBuildingAreaSource: Plans
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Pssr-16
  • Property Info:Apx Taxes: 6913.0
  • Property Info:Tax Year2: 2019
  • Property Info:Access: Year Round
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Water:Private2: Yes
  • Sewage:Public Sewer: Yes
  • Views:Ski Area: Yes
  • Views:Valley: 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: Complete
  • Property Info:Total Half Baths2: 1
  • Property Info:Total Fireplaces: 2
  • Size of HouseLot:Apx SqFt Finished: 5594.0
  • Size of HouseLot:Apx Acres2: 1.01
  • Style:Mountain Contemporary: Yes
  • Exterior:Stone: Yes
  • Foundation:Concrete Perimeter: Yes
  • Roof:Asphalt: Yes
  • Roof:Metal: Yes
  • Equipment:Smoke Alarm: Yes
  • Equipment:Thermostat - Programmable: Yes
  • Equipment:Water Heater - Gas: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Tile: Yes
  • Flooring:Wood2: Yes
  • Garage Type Attached: Yes
  • Room Totals:Family Room7: 2
  • Room Totals:Fireplace8: 2
  • Lower Level Totals:Family Room3: 1
  • Lower Level Totals:Full Baths3: 1
  • Exterior:Wood Siding: Yes
  • Equipment:Media System - Prewired: Yes
  • Room Totals:Great Room7: 1
  • Upper Level Totals:Full Baths2: 1
  • Property Description:Level: Yes
  • Dining Area:Informal Dining: Yes
  • Equipment:Security System - Prewired: Yes
  • Room Totals:Loft7: 1
  • Equipment:Central Vacuum: Yes
  • Room Totals:Media Room7: 1
  • Cooling:ENERGY STAR Qualified Equipment: Yes
  • Lower Level Totals:Media Room3: 1
  • Foundation:Slab: Yes
  • Main Level Totals:Laundry2: 1
  • Room Totals:Laundry8: 1
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Microwave, Refrigerator
  • Flooring: Tile, Wood
  • Interior Amenities: Gas Dryer Hookup, Storage, Fire Sprinklers, Granite Counters, Lower Level Walkout, Main Level Master Bedroom, Pantry, Ski Storage, Vaulted Ceiling(s), Washer Hookup, Wet Bar
  • Other Equipment: Appliances, Central Vacuum, Fire Pressure System, Garage Door Opener, Media System - Prewired, Security System - Prewired, Smoke Alarm, Thermostat - Programmable, Water Heater - Gas
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Fire Sprinklers: Yes
  • Interior Features:Lower Level Walkout: Yes
  • Interior Features:Main Level Master Bedroom: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Washer Hookup: Yes
  • Number of Fireplaces Gas: Yes
  • Appliances: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Ski Storage3: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Storage2: Yes
  • Interior Features:Gas Dryer Hookup2: Yes

Exterior Features

  • Exterior Features: Deck(s), Gas BBQ Stubbed, Landscaped - Fully, Lawn Sprinkler - Full, Lawn Sprinkler - Timer, Patio(s), Porch
  • Roof: Asphalt, Metal
  • Other Structures: None
  • Lot Features: Level
  • View: Mountain(s), Ski Area, Valley
  • Construction Type: Stone, Wood Siding
  • Foundation Details: Slab, Concrete Perimeter
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Gas BBQ Stubbed: Yes
  • Exterior Features:Landscaped - Fully: Yes
  • Exterior Features:Lawn Sprinkler - Full: Yes
  • Exterior Features:Lawn Sprinkler - Timer: Yes
  • Exterior Features:Patio(s): Yes
  • Exterior Features:Porch: Yes
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 3.0
  • Parking Features: Floor Drain, Hose Bibs
  • Property Info:Parking Spaces Covered: 4
  • Equipment:Garage Door Opener: Yes
  • Garage Type:Hose Bibs: Yes
  • Garage Type:Floor Drain: Yes

Utilities

  • Cooling: ENERGY STAR Qualified Equipment
  • Heating: Fireplace(s), Boiler - Energy Star Rated, Forced Air, Natural Gas, Radiant Floor
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Private
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Radiant Floor: Yes
  • Heating:Boiler - Energy Star Rated: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Fitness Room, Pool
  • Association Fee: 900.0
  • Association Fee Frequency: Quarterly
  • Phone: 435-333-4063
  • Association: Yes

Association/Amenities

  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 900.0
  • AssociationOccupant:HOA Dues Frequency: Quarterly
  • AssociationOccupant:HOA Contact: Logan Finlayson
  • AssociationOccupant:HOA Contact Phone: 435-333-4063
  • AssociationOccupant:HOA Website: promontoryclub.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
  • AssociationOccupant:Mgmt Rental Co: No

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Development Status: Construction Status
  • Lot Size Sq Ft: 43995.6
  • Parcel #: Pssr-16
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6913.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2020
Sold by
Munshi Amit and Munshi Bouabuchar
Bought by
The Amit Munshi Revocable Trust and The Bouabuchar Munshi Revocable Trust
Current Estimated Value
$5,815,857

Purchase Details

Listed on
Feb 21, 2020
Closed on
Apr 14, 2020
Sold by
Sargent Cade and Sargent Amber
Bought by
Munshi Amit and Munshi Bouabuchar
Seller's Agent
Kari Koyle
Windermere Utah - Wasatch Back
Buyer's Agent
Shannon Lee
Summit Sotheby's International Realty
List Price
$2,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.76%
Original Mortgage
$2,080,000
Outstanding Balance
$1,842,628
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$3,973,229

Purchase Details

Closed on
Jul 18, 2019
Sold by
Sargent Cade and Sargent Amber
Bought by
Sargent Cade and Sargent Amber

Purchase Details

Closed on
Mar 5, 2018
Sold by
Reese Nathan Mark and Reese Julie A
Bought by
Sargent Cade and Sargent Amber

Purchase Details

Closed on
Aug 12, 2015
Sold by
Jennings Holdings Llc
Bought by
Reese Nathan Mark and Reese Julie A

Purchase Details

Closed on
Apr 22, 2011
Sold by
Deutsche Bank National Trust Co
Bought by
Jannings Holdings Llc

Purchase Details

Closed on
Apr 21, 2011
Sold by
Deutsche Bank National Trust Co
Bought by
Jannings Holdings Llc

Purchase Details

Closed on
Oct 25, 2010
Sold by
Hart D Troy
Bought by
One West Bank Fsb

Purchase Details

Closed on
Feb 1, 2007
Sold by
Sapp Michael D
Bought by
Hart D Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2005
Sold by
Pivotal Promontory Development Llc
Bought by
Sapp Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
The Amit Munshi Revocable Trust -- None Available
Munshi Amit -- First American Park City
Sargent Cade -- First American Park City
Sargent Cade -- First American Title Ins Co
Reese Nathan Mark -- Summit Escrow & Title
Jannings Holdings Llc -- Premier Title Ins Agency
Jannings Holdings Llc -- Premier Title Ins Agency
Deutsche Bank National Trust Co -- None Available
One West Bank Fsb -- --
Hart D Troy -- None Available
Sapp Michael D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munshi Amit $2,080,000
Previous Owner Hart D Troy $472,500
Previous Owner Sapp Michael D $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2020 04/14/20 Sold -- -- --
02/20/2020 02/20/20 Pending -- -- --
07/12/2019 07/12/19 For Sale $2,800,000 -- $501 / 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 $21,595 $3,213,787 $660,020 $2,553,767
2023 $21,595 $3,724,540 $660,020 $3,064,520
2022 $13,577 $2,034,632 $264,020 $1,770,612
2021 $12,687 $1,535,592 $181,520 $1,354,072
2020 $13,555 $1,535,592 $181,520 $1,354,072
2019 $7,562 $791,521 $330,020 $461,501
2018 $2,627 $275,000 $275,000 $0
2017 $3,035 $330,020 $330,020 $0
2016 $2,163 $220,020 $220,020 $0
2015 $2,724 $270,020 $0 $0
2013 $2,161 $200,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 11906954

Park City Board of REALTORS®

APN: PSSR-16