NOT LISTED FOR SALE

8511 N Promontory Rock Rd Park City, UT 84098

Estimated Value: $1,383,000 - $3,099,000

1.19 Acres
$1,562,668 Price per Acre
51,836 Sq Ft Lot

Last Sold August 10, 2022

Current estimated payment $10,761/month

9 Days on Market

Highlights

  • Views of Ski Resort
  • 1.19 Acre Lot
  • Sauna
  • North Summit Middle School Rated A-
  • Clubhouse
  • Community Pool

About This Lot

As of August 2022

Fabulous, unobstructed views of the Wasatch Back from this sought-after Promontory Ridge location. Nestled at the end of a private, quiet cul-de-sac in an enclave of the some of the finest homes in Promontory. This unique opportunity to have elevated unobstructed Resort views and backing pristine open space to never be disturbed are few and far between. Easy access to Promontory's main gate off I-80 gives you immediate access to all the activities Park City has to offer and an easy commute to and from Salt Lake and the International Airport.
Once home it is a short drive to the Village Center at Promontory and all the world class amenities that Promontory is famous for. A Promontory Club Social Membership is also available for purchase with this homesite. Enjoy private dining in six different restaurants on property. Eight different clubhouses offer endless activities for the whole family, including private ski lodges at Deer Valley and Park City ski resorts. Promontory Club offers pools, tennis, fitness, spa, fishing, hiking, biking, golf, bowling, basketball, beach club, tubing hill and more! Contact list agent for more details.

Last Agent to Sell the Property

Brian Gottfredson

BHHS Utah Promontory License #5468960-AB00 Listed on: 06/17/2022

BHHS Utah Promontory

Last Buyer's Agent

Madison Dewald

Summit Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,572

Lot Details

  • 1.19 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Gated Home
  • Natural State Vegetation
  • Sloped Lot

HOA Fees

  • $300 Monthly HOA Fees

Property Views

  • Ski Resort
  • Mountain

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Promr-2-17

Community Details

Overview

Amenities

  • Common Area
  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Trails

Security

  • Building Security System

Property Details

Property Type

Land

Est. Annual Taxes

$4,572

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Gated, Private Road
  • Road Surface Type: Paved
  • Property Sub Type: Residential
  • Lot Size Acres: 1.19
  • Subdivision Name: Promontory Ridge
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: Promr-2-17
  • Property Info:Apx Taxes: 4572.0
  • Property Info:Tax Year2: 2021
  • Property Info:Access: Year Round
  • Size of Lot:Apx Acres3: 1.19
  • Property Description:Gradual Slope: Yes
  • Property Description:Natural Vegetation: Yes
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Property Description:Adjacent Common Area Land: Yes
  • Views:Ski Area: Yes
  • Water:Public2: Yes
  • Recreation Access:HikeBike Trail - Adjoining Project: Yes
  • Road Frontage Type:Gated: Yes
  • Road Frontage Type:Private Road: Yes
  • Property Description:Cul-De-Sac2: Yes
  • Special Features: None

Exterior Features

  • Other Structures: None
  • Lot Features: Cul-De-Sac, Adjacent Common Area Land, Gradual Slope, Natural Vegetation
  • View: Mountain(s), Ski Area

Utilities

  • Cooling: None
  • Utilities: Cable Available, High Speed Internet Available, Phone Available
  • Cooling Y N: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Spa/Hot Tub, Clubhouse, Pets Allowed w/Restrictions, Pool, Sauna, Security System - Entrance, Tennis Court(s)
  • 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: Devin Ovard
  • AssociationOccupant:HOA Contact Phone: 435-333-4063
  • AssociationOccupant:HOA Website: www.promontoryclub.com
  • Ranch Amenities:None26: Yes
  • Common Area Amenities:Clubhouse: Yes
  • Common Area Amenities:Pool: Yes
  • Common Area Amenities:Tennis Court(s)2: Yes
  • Common Area Amenities:Pets Allowed wRestrictions: Yes
  • Common Area Amenities:Security System - Entrance: Yes
  • Association Fees Include:Com Area Taxes2: Yes
  • Association Fees Include:Insurance2: Yes
  • Association Fees Include:Maintenance Grounds2: Yes
  • Common Area Amenities:Sauna: Yes
  • Common Area Amenities:SpaHot Tub: Yes
  • Association Fees Include:Security3: Yes

Fee Information

  • Association Fee Includes: Security

Lot Info

  • Lot Size Sq Ft: 51836.4
  • Parcel #: Promr-2-17
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4572.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Aug 10, 2022
Sold by
East Harbour Investments Llc
Bought by
Auth Christopher and Iversen Deani
Seller's Agent
Brian Gottfredson
BHHS Utah Promontory
Buyer's Agent
Madison Dewald
Summit Sotheby's International Realty
List Price
$1,575,000
Current Estimated Value
$1,859,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%
Original Mortgage
$1,050,000
Outstanding Balance
$1,004,802
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$854,773

Purchase Details

Closed on
Jun 8, 2021
Sold by
Bechtel Annette
Bought by
East Harbour Investments Llc

Purchase Details

Closed on
May 12, 2021
Sold by
Bechtel Chris
Bought by
Bechtel Annette

Purchase Details

Listed on
Jun 18, 2020
Closed on
Sep 30, 2020
Sold by
Spriggs R Scott R and Spriggs Lynette
Bought by
Bechtel Chris
Seller's Agent
Michael Swan
Summit Sotheby's International Realty
Buyer's Agent
Brian Gottfredson
Summit Sothebys Intl - ParkAve
List Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.15%

Purchase Details

Listed on
Mar 27, 2017
Closed on
Apr 25, 2017
Sold by
Promontory Development Llc
Bought by
Spriggs Spriggs R and Spriggs Lynette
Seller's Agent
Michael Swan
Summit Sotheby's International Realty
Buyer's Agent
Matthew Magnotta
Talisker Mountain Realty
List Price
$617,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.57%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Auth Christopher -- First American Title
East Harbour Investments Llc -- None Available
Bechtel Annette -- None Available
Bechtel Chris -- Metro National Title
Spriggs Spriggs R -- Summit Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Auth Christopher $1,050,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2022 08/10/22 Sold -- -- --
08/10/2022 08/10/22 Off Market -- -- --
06/27/2022 06/27/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $1,575,000 +218.2% --
10/01/2020 10/01/20 Sold -- -- -- View Prior Sale
09/16/2020 09/16/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $495,000 -19.8% --
05/05/2017 05/05/17 Sold -- -- -- View Prior Sale
03/27/2017 03/27/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $617,500 -- --
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 $7,105 $1,225,380 $1,225,380 --
2023 $7,105 $1,225,380 $1,225,380 $0
2022 $5,538 $829,880 $829,880 $0
2021 $4,572 $553,380 $553,380 $0
2020 $4,885 $553,380 $553,380 $0
2019 $6,023 $498,080 $498,080 $0
2018 $2,583 $270,380 $270,380 $0
2017 $2,486 $270,380 $270,380 $0
2016 $3,445 $350,380 $350,380 $0
2015 $3,485 $345,380 $0 $0
2013 $1,895 $175,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Park City Board of REALTORS®

MLS Number: 12202503

Park City Board of REALTORS®

APN: PROMR-2-17