NOT LISTED FOR SALE

7980 Mustang Loop Rd Park City, UT 84098

Estimated Value: $1,027,000 - $1,255,000

4 Beds
3.5 Baths
3,004 Sq Ft
$382/Sq Ft Est. Value

Last Sold May 30, 2016

Current estimated payment $6,501/month

13 Days on Market

Highlights

  • Views of Ski Resort
  • Deck
  • Mountain Contemporary Architecture
  • Parley's Park Elementary School Rated A-
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of May 2016

Largest floor plan in Horsethief with great location within subdivision. Open and bright throughout, the main level offers a large living/dining area, clean kitchen with breakfast bar and large pantry and welcoming family room. Two doors to the large deck makes a great entertaining space. Upstairs, the master with large ensuite bathroom and spacious walk-in closet is adjacent to 2 additional bedrooms. The lower level houses a large family with cozy gas stove and game room space, bedroom, bathroom and direct access to the beautifully landscaped common area. A flat driveway, 2-car attached garage and easy access to the city and school bus lines make this a perfect location in Park City.

Last Agent to Sell the Property

Steve Pratt

Engel & Volkers Park City License #5475689-SA00 Listed on: 04/11/2016

Engel & Volkers Park City

Co-Listed By

Erin Smith

Engel & Volkers Park City License #5505623-AB00

Last Buyer's Agent

Steve Pratt

Engel & Volkers Park City License #5475689-SA00 Listed on: 04/11/2016

Engel & Volkers Park City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,896

Year Built

  • Built in 1996

Lot Details

  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Ski Resort
  • Mountain

Home Design

  • Mountain Contemporary Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,004 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Formal Dining Room
  • Loft
  • Storage
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Private Water Source
  • Gas Water Heater
  • Water Softener is Owned
  • Phone Available
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number HTC-2-213

Community Details

Overview

  • Association fees include com area taxes, insurance, maintenance exterior, ground maintenance, management fees, reserve/contingency fund
  • Association Phone (435) 901-0422
  • Horsethief Canyon Subdivision
  • Planned Unit Development

Recreation

  • Trails

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,896

Year Built

Built in 1996

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • MainLevelTotalsDiningRoom: 1
  • MainLevelTotalsFamilyRoom: 1
  • MainLevelTotalsHalfBaths: 1
  • Prop. Type: Residential Income
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Property Sub Type: Multi Family
  • Co List Office Mls Id: 3111
  • Co List Office Phone: 435-850-7000
  • Subdivision Name: Horsethief Canyon
  • Architectural Style: Mountain Contemporary
  • New Construction: No
  • Year Built: 1996
  • ResoBuildingAreaSource: Other
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: HTC-2-213
  • Property Info:Apx Taxes: 3896.0
  • Property Info:Tax Year2: 2015
  • Property Description:Gradual Slope: Yes
  • Views:Mountain(s): Yes
  • Utilities:Phone Available: Yes
  • Water:Private2: Yes
  • Sewage:Public Sewer: Yes
  • Views:Ski Area: Yes
  • Recreation Access:HikeBike Trail - Adjoining Project: 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: 1
  • Size of HouseLot:Apx SqFt Finished: 3004.0
  • Style:Mountain Contemporary: Yes
  • Foundation:Concrete Perimeter: Yes
  • Roof:Asphalt: Yes
  • Roof:Shingle: Yes
  • Equipment:Smoke Alarm: Yes
  • Equipment:Water Heater - Gas: Yes
  • Equipment:Water Softener - Owned: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Tile: Yes
  • Dining Area:Semi-Formal Dining: Yes
  • Room Totals:Family Room7: 2
  • Room Totals:Fireplace8: 1
  • Main Level Totals:Fireplace2: 1
  • Lower Level Totals:Family Room3: 1
  • Lower Level Totals:Full Baths3: 1
  • Property Description:PUD - Planned Unit Development: Yes
  • Exterior:Wood Siding: Yes
  • Washers: Yes
  • Dining Area:Breakfast Bar: Yes
  • Room Totals:Dining Room7: 1
  • Property Description:Level: Yes
  • Equipment:Security System - Installed: Yes
  • Exterior:Aluminum Siding: Yes
  • Equipment:Satellite Dish: Yes
  • Room Totals:Loft7: 1
  • Upper Level 2 Totals:Full Baths4: 2
  • Upper Level 2 Totals:Loft4: 1
  • Main Level Totals:Laundry2: 1
  • Room Totals:Laundry8: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Oven, Refrigerator, Washer
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), Ceiling(s) - 9 Ft Plus, Electric Dryer Hookup, Jetted Bath Tub(s), Lower Level Walkout, Pantry, Ski Storage, Vaulted Ceiling(s), Washer Hookup, Breakfast Bar
  • Other Equipment: Garage Door Opener, Satellite Dish, Security System - Installed, Smoke Alarm, Water Heater - Gas, Water Softener - Owned
  • Accessibility Features: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, See Remarks, Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling(s) - 9 Ft Plus: Yes
  • Interior Features:Lower Level Walkout: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Washer Hookup: Yes
  • Number of Fireplaces Gas: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Jetted Bath Tub(s): Yes
  • Interior Features:Ski Storage3: Yes
  • Interior Features:Electric Dryer Hookup: Yes
  • Appliances:Electric Range: Yes
  • Fireplaces:Other17: Yes
  • Appliances:Electric Dryer Hookup2: Yes
  • Fireplaces:See Remarks22: Yes

Exterior Features

  • Exterior Features: Deck(s), Gas BBQ Stubbed, Landscaped - Fully, Lawn Sprinkler - Full, Patio(s)
  • Roof: Asphalt, Shingle
  • Lot Features: Gradual Slope, Level, PUD - Planned Unit Development
  • View: Mountain(s), Ski Area
  • Construction Type: Aluminum Siding, Wood Siding
  • Foundation Details: 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:Patio(s): Yes
  • Construction:Frame - Wood: Yes

Garage/Parking

  • OtherParkTypeParkingSpaces: 2
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Property Info:Parking Spaces Covered: 2
  • Equipment:Garage Door Opener: Yes

Utilities

  • Heating: Fireplace(s), Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available
  • Laundry Features: Electric Dryer Hookup
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Private
  • Heating:Forced Air: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Amenities: Other
  • Association Fee: 450.0
  • Association Fee Frequency: Quarterly
  • Phone: 435-901-0422
  • Association: Yes

Association/Amenities

  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 450.0
  • AssociationOccupant:HOA Dues Frequency: Quarterly
  • AssociationOccupant:HOA Contact: David Hinman
  • AssociationOccupant:HOA Contact Phone: 435-901-0422
  • AssociationOccupant:Currently Occupied: Call Listing Agent
  • Association Fees Included:Com Area Taxes: Yes
  • Association Fees Included:Insurance: Yes
  • Association Fees Included:Management Fees: Yes
  • Association Fees Included:ReserveContingency Fund: Yes
  • Association Fees Included:Maintenance Exterior: Yes
  • Association Fees Included:Maintenance Grounds: Yes
  • Common Area Amenities:See Remarks30: Yes
  • Common Area Amenities:Other6: Yes

Fee Information

  • Association Fee Includes: Com Area Taxes, Insurance, Maintenance Exterior, Maintenance Grounds, Management Fees, Reserve/Contingency Fund, Other

Lot Info

  • Parcel #: HTC-2-213

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3896.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
May 21, 2016
Sold by
Krugh Keith A and Krugh Ericka G
Bought by
Krugh Keith A and Krugh Erika G
Seller's Agent
Steve Pratt
Engel & Volkers Park City
Buyer's Agent
Steve Pratt
Engel & Volkers Park City
List Price
$579,000
Current Estimated Value
$1,147,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$440,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2008
Sold by
Bruce M Melvin
Bought by
Bruce Miles Melvin
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
Krugh Keith A -- First American Title Insuran
Krugh Keith A -- First American Title Insuran
Bruce Miles Melvin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krugh Keith A $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2016 05/30/16 Sold -- -- --
04/25/2016 04/25/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $579,000 -- $193 / 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 $3,235 $501,261 $165,000 $336,261
2023 $3,235 $565,311 $165,000 $400,311
2022 $3,472 $536,250 $165,000 $371,250
2021 $3,278 $440,000 $123,750 $316,250
2020 $2,624 $332,750 $225,500 $107,250
2019 $2,750 $332,750 $225,500 $107,250
2018 $2,364 $286,000 $178,750 $107,250
2017 $2,197 $286,000 $178,750 $107,250
2016 $3,677 $445,000 $250,000 $195,000
2015 $3,896 $445,000 $0 $0
2013 $2,231 $240,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 11602227

Park City Board of REALTORS®

APN: HTC-2-213