$1,300,000
SOLD DEC 9, 2024
Last list price

85 S 550 E Midway, UT 84049

5 Beds
2.5 Baths
3,245 Sq Ft
0.25 Acres

Recently Sold

$401 Per Sq Ft

30 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • Corner Lot
  • Midway Elementary School Rated A-
  • Wood Flooring
  • Great Room

About This Home

As of December 2024

Nestled on a quiet cul-de-sac, this charming Midway home offers stunning views of the Wasatch Back mountains, including Mt. Timpanogos. Recently updated, the home features a modern kitchen with white cabinets, stainless steel appliances, and a large pantry. The property includes a 3rd car garage, RV parking, and a fully landscaped yard with mature trees and a private, fully fenced backyard. Inside, enjoy abundant natural light, a formal dining room, and a state-of-the-art smart home system. The basement is perfect for entertainment, with a theater room and an incredible surround sound system. Located minutes from Midway's Main Street, this home provides easy access to a vibrant lifestyle filled with outdoor adventures. Explore world-class golf courses like Crater Springs and Soldier Hollow, or spend your days hiking, biking, and skiing in nearby mountain resorts. Water activities at Deer Creek and Jordanelle Reservoirs, such as boating and fishing, are just a short drive away. Plus, the home is conveniently located near Park City and the exciting Deer Valley expansion, offering even more premier skiing, dining, and entertainment options. With fine dining, charming shops, and endless recreational opportunities, Midway offers the perfect balance of relaxation and adventure

Last Agent to Sell the Property

Joshua Cottle

Summit Sotheby's International Realty (Heber) License #8744417-SA00 Listed on: 10/16/2024

Summit Sotheby's International Realty (Heber)

Last Buyer's Agent

Joshua Cottle

Summit Sotheby's International Realty (Heber) License #8744417-SA00 Listed on: 10/16/2024

Summit Sotheby's International Realty (Heber)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,810

Year Built

  • Built in 2006

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Landscaped
  • Corner Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Guest Parking

Property Views

  • Mountain
  • Valley

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stucco
  • Stone

Interior Spaces

  • 3,245 Sq Ft Home
  • Multi-Level Property
  • Open Floorplan
  • Gas Fireplace
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Double Vanity

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Softener is Owned
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Midway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-0020-2419

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,810

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • MainLevelTotalsDiningRoom: 1
  • MainLevelTotalsGreatRoom: 1
  • MainLevelTotalsHalfBaths: 1
  • MainLevelTotalsStudyOfficeDen: 1
  • Prop. Type: Residential
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Study/Office/Den: 1
  • Property Sub Type: Detached
  • Lot Size Acres: 0.25
  • Subdivision Name: Midway
  • Architectural Style: Multi-Story
  • New Construction: No
  • Year Built: 2006
  • ResoBuildingAreaSource: Other
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 00-0020-2419
  • Property Info:Apx Taxes: 5810.0
  • Property Info:Tax Year2: 2023
  • Property Info:Access: Year Round
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Views:Valley: Yes
  • Water:Public2: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Construction Status: Complete
  • Property Info:Total Half Baths2: 1
  • Property Info:Total Fireplaces: 1
  • Property Info:Accessory Dwelling Unit YN: No
  • Size of HouseLot:Apx SqFt Finished: 3245.0
  • Size of HouseLot:Apx Acres2: 0.25
  • Exterior:Stone: Yes
  • Foundation:Concrete Perimeter: Yes
  • Roof:Asphalt: Yes
  • Roof:Shingle: Yes
  • Cooling:Central Air: Yes
  • Equipment:Water Softener - Owned: Yes
  • Appliances Microwave: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Flooring:Wood2: Yes
  • Dining Area:Semi-Formal Dining: Yes
  • Garage Type Attached: Yes
  • Room Totals:Family Room7: 1
  • Room Totals:Fireplace8: 1
  • Main Level Totals:Fireplace2: 1
  • Lower Level Totals:Family Room3: 1
  • Room Totals:Dining Room7: 1
  • Room Totals:Great Room7: 1
  • Upper Level Totals:Full Baths2: 2
  • Property Info:Mother-in-Law Apartment: No
  • Size of HouseLot:Apx Lot Size (SqFt)2: 10890.0
  • Style:Multi-Story: Yes
  • Dining Area:Formal Dining: Yes
  • Water Irrigation: Yes
  • Fencing:Full: Yes
  • Exterior:Stucco: Yes
  • Size of HouseLot:Apx SqFt Unfinished: 245.0
  • Property Description:Corner Lot: Yes
  • Main Level Totals:Laundry2: 1
  • Room Totals:Laundry8: 1
  • Property Description:Cul-De-Sac2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Oven
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Double Vanity, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Other Equipment: Water Softener - Owned
  • Accessibility Features: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Oven: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Number of Fireplaces Gas: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Exterior Features: Landscaped - Fully, Lawn Sprinkler - Full, Patio(s)
  • Fencing: Full
  • Roof: Asphalt, Shingle
  • Other Structures: None
  • Lot Features: Cul-De-Sac, Corner Lot
  • View: Mountain(s), Valley
  • Construction Type: Stone, Stucco
  • Foundation Details: Concrete Perimeter
  • Exterior Features:Landscaped - Fully: Yes
  • Exterior Features:Lawn Sprinkler - Full: Yes
  • Exterior Features:Patio(s): Yes
  • Construction:Frame - Wood: Yes

Garage/Parking

  • OtherParkTypeParkingSpaces: 6
  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Oversized, Guest
  • Property Info:Parking Spaces Covered: 3
  • Garage Type:Oversized: Yes
  • Other Park Type:Guest Parking: Yes

Utilities

  • Cooling: Air Conditioning, Central Air
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Irrigation, Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Air Conditioner: 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

  • Development Status: Construction Status
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 00-0020-2419
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5810.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2024
Closed on
Nov 9, 2024
Sold by
Mackay Kyle
Bought by
Meyer Family Trust and Bugh
Seller's Agent
Joshua Cottle
Summit Sotheby's International Realty (Heber)
Buyer's Agent
Joshua Cottle
Summit Sotheby's International Realty (Heber)
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Total Days on Market
30
Views
6
Current Estimated Value
$1,248,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,761
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
Feb 5, 2014
Sold by
The Bank Of New York Mellon
Bought by
Mackay Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2013
Sold by
Glenn Joel and Glenn Sommer
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jul 3, 2007
Sold by
Moser Blair and Moser Lisa
Bought by
Glenn Joel and Glenn Sommer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,575
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2006
Sold by
Moser Blair
Bought by
Moser Blair and Moser Lisa

Purchase Details

Closed on
Sep 19, 2005
Sold by
Innovative Solutions Llc
Bought by
Moser Blair

Purchase Details

Closed on
Jun 16, 2005
Sold by
Remund Kent
Bought by
Larson Matthew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2005
Sold by
Remund Construction Llc
Bought by
Remund Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Atlas Title
Special Warranty Deed -- First American Title Co Llc
Trustee Deed -- None Available
Warranty Deed -- Gt Title Services Salt Lake
Interfamily Deed Transfer -- Orion Title Insurance Agency
Warranty Deed -- Utah Standard Title
Warranty Deed -- Utah Standard Title
Warranty Deed -- First American Title Heber
Warranty Deed -- First American Title Heber
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $258,400 New Conventional
Previous Owner $341,575 New Conventional
Previous Owner $319,500 New Conventional
Previous Owner $127,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Sold -- -- --
11/15/2024 11/15/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $1,300,000 -- $401 / 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 $5,754 $1,036,760 $250,000 $786,760
2023 $5,754 $970,500 $200,000 $770,500
2022 $5,352 $970,500 $200,000 $770,500
2021 $2,974 $416,757 $150,000 $266,757
2020 $3,056 $351,757 $85,000 $266,757
2019 $2,368 $193,466 $0 $0
2018 $2,368 $193,466 $0 $0
2017 $2,248 $182,598 $0 $0
2016 $2,305 $182,598 $0 $0
2015 $2,190 $182,598 $0 $0
2014 $3,261 $177,602 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 12404180

Park City Board of REALTORS®

APN: 00-0020-2419