NOT LISTED FOR SALE

7850 Wasatch Way Park City, UT 84098

Estimated Value: $2,112,000 - $2,471,000

3 Beds
2.5 Baths
1,887 Sq Ft
$1,169/Sq Ft Est. Value

Last Sold May 24, 2022

Current estimated payment $11,922/month

4 Days on Market

Highlights

  • Views of Ski Resort
  • Horse Property
  • 2.35 Acre Lot
  • Trailside School Rated A-
  • River Front
  • Open Floorplan

About This Home

As of May 2022

Immaculate 3 bedroom single family home on 2.35 acres of horse property in Silver Creek! Views of the many ski runs and the beautiful sunsets are truly special and one of a kind on this flat, open lot. All information herein is deemed reliable but is not guaranteed. Buyer is responsible to verify all listing information, including square feet/acreage, to buyer's own satisfaction.

Seller must occupy the property until June 20th, Possession to be on or after June 20th.

Last Agent to Sell the Property

Michelle Parker

KW Park City Keller Williams Real Estate Brokerage Email: michelle@kwparkcity.com License #11974270-SA00 Listed on: 04/21/2022

KW Park City Keller Williams Real Estate

Last Buyer's Agent

Greg Miner

KW Park City Keller Williams Real Estate License #7125306-SA00

KW Park City Keller Williams Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,174

Year Built

  • Built in 1998

Lot Details

  • 2.35 Acre Lot
  • River Front
  • Partially Fenced Property
  • Landscaped

Parking

  • Attached Garage

Property Views

  • Ski Resort
  • Creek or Stream
  • Mountain

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,887 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Electric Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Outdoor Features

  • Horse Property
  • Deck
  • Patio
  • Shed

Horse Facilities and Amenities

  • Riding Trail

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Well Permit on File
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Sl-F-357

Community Details

Overview

  • No Home Owners Association
  • Silver Creek Subdivision

Recreation

  • Horse Trails
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,174

Year Built

Built in 1998

Lot Details

0

Listing Details

  • MainLevelTotalsBedroom: 2
  • MainLevelTotalsDiningRoom: 1
  • MainLevelTotalsFamilyRoom: 1
  • MainLevelTotalsFullBaths: 2
  • MainLevelTotalsHalfBaths: 1
  • Prop. Type: Residential
  • Road Frontage Type: Public
  • Property Sub Type: Detached
  • Lot Size Acres: 2.35
  • Subdivision Name: Silver Creek
  • Architectural Style: One Story
  • New Construction: No
  • Year Built: 1998
  • ResoBuildingAreaSource: Appraiser
  • Attribution Contact: michelle@kwparkcity.com
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Sl-F-357
  • Property Info:Apx Taxes: 4174.0
  • Property Info:Tax Year2: 2021
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Views:Ski Area: Yes
  • Water:Public2: Yes
  • Recreation Access:HikeBike Trail - Adjoining Project: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Accessory Dwelling Unit YN: No
  • Size of HouseLot:Apx SqFt Finished: 1887.0
  • Size of HouseLot:Apx Acres2: 2.35
  • Roof:Asphalt: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Garage Type Attached: Yes
  • Room Totals:Family Room7: 1
  • Fencing:Partial: Yes
  • Dining Area:Informal Dining: Yes
  • Property Description:Horse Property: Yes
  • Other Structures:Shed(s): Yes
  • Recreation Access:Horse Trail: Yes
  • Exterior:Stucco: Yes
  • Style:One Story: Yes
  • Sewage:Septic Tank: Yes
  • Recreation Access:CreekRiver Front: Yes
  • Cooling:None5: Yes
  • Flooring:Vinyl: Yes
  • Foundation:Slab: Yes
  • Main Level Totals:Laundry2: 1
  • Room Totals:Laundry8: 1
  • Views:CreekStream2: Yes
  • Other Structures:Storage3: Yes
  • Water:Well Permit: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Microwave, Oven, Refrigerator
  • Has Basement: Crawl Space
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Ceiling(s) - 9 Ft Plus, Kitchen Island, Main Level Master Bedroom, Open Floorplan, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling(s) - 9 Ft Plus: Yes
  • Interior Features:Main Level Master Bedroom: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Range: Yes
  • Appliances:ENERGY STAR Qualified Refrigerator: Yes
  • Appliances:ENERGY STAR Qualified Dishwasher: Yes
  • Fireplaces:None12: Yes

Exterior Features

  • Exterior Features: Deck(s), Landscaped - Fully, Patio(s)
  • Fencing: Partial
  • Roof: Asphalt
  • Other Structures: Shed(s), Storage
  • Lot Features: Horse Property
  • View: Creek/Stream, Mountain(s), Ski Area
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Construction:Frame - Timber: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Landscaped - Fully: Yes
  • Exterior Features:Patio(s): Yes

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Property Info:Parking Spaces Covered: 2

Utilities

  • Cooling: None
  • Heating: Forced Air, Furnace, Natural Gas
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public, Well Permit
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: No
  • Common Area Amenities:None4: Yes
  • AssociationOccupant:Currently Occupied: Call Listing Agent

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Horse Amenities: Riding Trail
  • Lot Size Sq Ft: 102366.0
  • Parcel #: Sl-F-357
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4174.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 24, 2022
Sold by
Lambert Family Trust
Bought by
Rametta Living Trust
Seller's Agent
Michelle Parker
KW Park City Keller Williams Real Estate
Buyer's Agent
Greg Miner
KW Park City Keller Williams Real Estate
List Price
$2,000,000
Current Estimated Value
$2,206,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%
Original Mortgage
$1,538,000
Outstanding Balance
$1,433,746
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$772,531

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 23, 2022
Sold by
Lambert Family Trust
Bought by
Rametta Living Trust
Seller's Agent
Michelle Parker
KW Park City Keller Williams Real Estate
Buyer's Agent
Greg Miner
KW Park City Keller Williams Real Estate
List Price
$2,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,538,000
Outstanding Balance
$1,433,746
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$772,531

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 20, 2021
Sold by
Melonas Gust P and The Gust P Melonas Family Livi
Bought by
Lambert Matthew Jonathan and Lambert Lynsey Joy
Seller's Agent
Laurie Allen-Macaluso
KW Park City Keller Williams Real Estate
Buyer's Agent
Michelle Parker
KW Park City Keller Williams Real Estate
List Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.99%
Original Mortgage
$980,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2016
Sold by
Melonas Gust P
Bought by
Gust P Melonas Family Liv Ing Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rametta Living Trust -- First American Title
Rametta Living Trust -- First American Title
Lambert Matthew Jonathan -- First American
Gust P Melonas Family Liv Ing Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rametta Living Trust $1,538,000
Closed Rametta Living Trust $1,538,000
Previous Owner Lambert Matthew Jonathan $980,000
Previous Owner Gust P Melonas Family Liv Ing Trust --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2022 05/25/22 Off Market -- -- --
05/24/2022 05/24/22 Sold -- -- --
04/25/2022 04/25/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $2,000,000 +66.7% $1,060 / Sq Ft
06/25/2021 06/25/21 Sold -- -- -- View Prior Sale
05/11/2021 05/11/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $1,200,000 -- $636 / 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
2025 $5,994 $926,786 $522,990 $403,796
2024 $4,808 $952,169 $486,250 $465,919
2023 $4,808 $773,419 $307,500 $465,919
2022 $8,002 $1,141,864 $537,000 $604,864
2021 $4,174 $508,907 $238,225 $270,682
2020 $2,482 $281,064 $128,209 $152,855
2019 $2,526 $281,064 $128,209 $152,855
2018 $2,526 $281,064 $128,209 $152,855
2017 $2,367 $281,064 $128,209 $152,855
2016 $2,309 $253,273 $128,209 $125,064
2015 $1,922 $196,696 $0 $0
2013 $1,887 $183,237 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 12201421

Park City Board of REALTORS®

APN: SL-F-357