78 E Altamont Dr Midway, UT 84049
Estimated Value: $4,582,467 - $4,908,000
5
Beds
7
Baths
7,790
Sq Ft
$613/Sq Ft
Est. Value
Highlights
- New Construction
- RV Garage
- 0.9 Acre Lot
- Midway Elementary School Rated A-
- Lake View
- 2 Fireplaces
About This Home
As of October 2023Lot #44. The Reserve is a fully designed and planned community consisting of 48 custom estate homesites surrounded by 30 acres of lush open space. Signature amenities include miles of walking trails, waterfalls, sports court, pool, viewing deck, and family gathering places. This breathtaking location boasts panoramic views of historic farms, Snake Creek Canyon, Deer Creek Reservoir, and the majestic Mount Timpanogos, while providing the exclusivity and serenity one desires in luxury living. This extraordinary opportunity only comes around once in a lifetime.
Last Agent to Sell the Property
Watts Real Estate License #5453376-PB00 Listed on: 10/10/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,000
Year Built
- Built in 2023 | New Construction
Lot Details
- 0.9 Acre Lot
- Sloped Lot
- Irrigation
HOA Fees
- $275 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- RV Garage
Property Views
- Lake
- Mountain
- Valley
Home Design
- Wood Frame Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 7,790 Sq Ft Home
- Multi-Level Property
- 2 Fireplaces
- Great Room
- Family Room
- Dining Room
- Home Office
- Laundry Room
Kitchen
- Double Oven
- Gas Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number 00-0021-5793
Community Details
Overview
- Association fees include amenities
- Reserve At Midway Subdivision
Amenities
- Common Area
Recreation
- Tennis Courts
- Pickleball Courts
- Community Pool
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2023
Closed on
Sep 27, 2023
Sold by
Watts Enterprises Inc
Bought by
Stone Ridge Castle Lp
Seller's Agent
Greg Watts
Watts Real Estate
Buyer's Agent
Erik Asarian
KW Park City Keller Williams Real Estate
List Price
$4,700,000
Sold Price
$4,732,239
Premium/Discount to List
$32,239
0.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,128
Avg. Annual Appreciation
0.57%
Purchase Details
Closed on
Dec 22, 2021
Sold by
Mvwatts Llc
Bought by
Watts Enterprises Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,710,000
Interest Rate
2.98%
Mortgage Type
Construction
Similar Homes in Midway, UT
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stone Ridge Castle Lp | -- | Atlas Title | |
| Watts Enterprises Inc | -- | Atlas Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Watts Enterprises Inc | $1,710,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/10/2023 10/10/23 | For Sale | $4,700,000 | -- | $603 / Sq Ft |
| 10/02/2023 10/02/23 | Sold | -- | -- | -- |
| 10/02/2023 10/02/23 | Pending | -- | -- | -- |
Source: Park City Board of REALTORS®
Tax History Compared to Growth
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 | $41,059 | $4,506,000 | $675,000 | $3,831,000 |
| 2023 | $41,059 | $1,777,320 | $585,000 | $1,192,320 |
| 2022 | $5,866 | $585,000 | $585,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Watts
G
Seller's Agent in 2023
Greg Watts
Watts Real Estate
(801) 205-7400
67 in this area
96 Total Sales
-
Zach Watts
Seller Co-Listing Agent in 2023
Zach Watts
Watts Real Estate
(801) 448-4622
51 in this area
80 Total Sales
-
Erik Asarian
E
Buyer's Agent in 2023
Erik Asarian
KW Park City Keller Williams Real Estate
(435) 659-9900
15 in this area
114 Total Sales
Map
Source: Park City Board of REALTORS®
MLS Number: 12303696
APN: 00-0021-5793
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