NOT LISTED FOR SALE

8581 Marmot Cir Park City, UT 84098

Estimated Value: $6,884,000 - $8,919,000

7 Beds
8 Baths
7,696 Sq Ft
$1,050/Sq Ft Est. Value

Last Sold June 04, 2018

Current estimated payment $46,329/month

222 Days on Market

Highlights

  • Views of Ski Resort
  • Steam Room
  • Building Security System
  • North Summit Middle School Rated A-
  • Fitness Center
  • Home Theater

About This Home

As of June 2018

Mountain contemporary home built in the desired Deer Crossing neighborhood of Promontory with direct resort mountain views while overlooking the 11th fairway and green of the Pete Dye Signature golf course. Walking distance to the club amenities and fishing pond. The home is spacious offering two suites on the main level and five bedrooms down. There is a great theatre room in the lower level walk-out along with pool table, shuffle board, and room dedicated to be a wine cellar. Full Radiant heat and air conditioning throughout the house. Well-appointed custom finishes, five fireplaces, and large deck area with built-in firepit. The home is being offered fully furnished less personal items. Just minutes from downtown Park City, Promontory stretches over 6,400 Acres and is the perfect four season mountain club for all ages, offering a wide array of activities for the whole family.

Last Agent to Sell the Property

Cindy Corbin

Summit Sotheby's International Realty License #5450950-AB00 Listed on: 05/03/2018

Last Buyer's Agent

Damon Leake

Summit Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,526

Year Built

  • Built in 2015

Lot Details

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

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Property Views

  • Ski Resort
  • Golf Course
  • Mountain

Home Design

  • Mountain Contemporary Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 7,696 Sq Ft Home
  • Wet Bar
  • Furnished
  • Sound System
  • 5 Fireplaces
  • Gas Fireplace
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Storage
  • Fire Sprinkler System

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • ENERGY STAR Qualified Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Private Water Source
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number DC-91

Community Details

Overview

  • Association fees include amenities, com area taxes, insurance, maintenance exterior, ground maintenance, security, shuttle service, snow removal
  • Association Phone (435) 333-4063
  • Visit Association Website
  • Deer Crossing Subdivision

Amenities

  • Steam Room
  • Shuttle
  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,526

Year Built

Built in 2015

Lot Details

0

HOA Fees

$250 per month

Parking

3

Listing Details

  • MainLevelTotalsBedroom: 2
  • MainLevelTotalsDiningRoom: 1
  • MainLevelTotalsFullBaths: 2
  • MainLevelTotalsGreatRoom: 1
  • MainLevelTotalsHalfBaths: 1
  • MainLevelTotalsStudyOfficeDen: 1
  • Prop. Type: Residential
  • Road Frontage Type: Gated, Private Road
  • Road Surface Type: Paved
  • Study/Office/Den: 1
  • Property Sub Type: Detached
  • Lot Size Acres: 1.07
  • Subdivision Name: Deer Crossing
  • Architectural Style: Mountain Contemporary
  • New Construction: No
  • Year Built: 2015
  • ResoBuildingAreaSource: Plans
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: DC-91
  • Property Info:Apx Taxes: 28526.0
  • Property Info:Tax Year2: 2016
  • Property Info:Access: Year Round
  • 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
  • Water:Private2: Yes
  • Sewage:Public Sewer: Yes
  • Views:Ski Area: Yes
  • Recreation Access:HikeBike Trail - Adjoining Project: Yes
  • Road Frontage Type:Gated: Yes
  • Road Frontage Type:Private Road: Yes
  • Views:Golf Course: 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: 2
  • Property Info:Total Fireplaces: 5
  • Size of HouseLot:Apx SqFt Finished: 7696.0
  • Size of HouseLot:Apx Acres2: 1.07
  • Style:Mountain Contemporary: Yes
  • Exterior:Stone: Yes
  • Roof:Asphalt: Yes
  • Roof:Shingle: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Tile: Yes
  • Flooring:Wood2: Yes
  • Room Totals:Family Room7: 1
  • Room Totals:Fireplace8: 5
  • Main Level Totals:Fireplace2: 3
  • Lower Level Totals:Family Room3: 1
  • Lower Level Totals:Full Baths3: 4
  • Lower Level Totals:Fireplace4: 2
  • Equipment:Audio System: Yes
  • Washers: Yes
  • Dining Area:Breakfast Bar: Yes
  • Room Totals:Dining Room7: 1
  • Room Totals:Great Room7: 1
  • Size of HouseLot:Apx Lot Size (SqFt)2: 46609.0
  • Dining Area:Formal Dining: Yes
  • Exterior:Aluminum Siding: Yes
  • Foundation:Block3: Yes
  • Lower Level Totals:Half Baths3: 1
  • Room Totals:Media Room7: 1
  • Lower Level Totals:Media Room3: 1
  • Main Level Totals:Laundry2: 1
  • Room Totals:Laundry8: 2
  • Property Description:Cul-De-Sac2: Yes
  • Lower Level Totals:Laundry4: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: ENERGY STAR QUALIFIED Washer, Dishwasher, Disposal, Double Oven, Freezer, Gas Range, Microwave, Refrigerator, Washer
  • Flooring: Tile, Wood
  • Interior Amenities: Storage, Furnished - Fully, Lower Level Walkout, Main Level Master Bedroom, Wet Bar, Breakfast Bar
  • Other Equipment: Audio System, Garage Door Opener
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplace Features: Gas
  • Fireplaces: 5
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Furnished - Fully: Yes
  • Interior Features:Lower Level Walkout: Yes
  • Interior Features:Main Level Master Bedroom: Yes
  • Number of Fireplaces Gas: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Storage2: Yes
  • Appliances:ENERGY STAR QUALIFIED Washer: Yes

Exterior Features

  • Exterior Features: Balcony, Deck(s), Landscaped - Fully, Patio(s)
  • Roof: Asphalt, Shingle
  • Lot Features: Cul-De-Sac, Gradual Slope, Natural Vegetation, Golf Course Hole # (See Remarks)
  • View: Golf Course, Mountain(s), Ski Area
  • Construction Type: Aluminum Siding, Stone, See Remarks, Other
  • Foundation Details: Block
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Landscaped - Fully: Yes
  • Exterior Features:Patio(s): Yes
  • Exterior Features:Balcony: Yes
  • Construction:Other8: Yes
  • Construction:See Remarks10: Yes

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Property Info:Parking Spaces Covered: 3
  • Equipment:Garage Door Opener: Yes

Utilities

  • Cooling: Air Conditioning
  • Heating: Forced Air, Natural Gas, Radiant Floor
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Private
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Air Conditioner: Yes
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Fire Sprinklers, Fitness Room, Pets Allowed w/Restrictions, Pool, Security System - Entrance, Shuttle Service, Steam Room, Tennis Courts, Hot Tub
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Phone: 435-333-4063
  • Association: Yes

Association/Amenities

  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 250.0
  • AssociationOccupant:HOA Dues Frequency: Monthly
  • AssociationOccupant:HOA Contact: Logan Finlayson
  • AssociationOccupant:HOA Contact Phone: 435-333-4063
  • AssociationOccupant:HOA Website: www.promontoryclub.com
  • Common Area Amenities:Clubhouse: Yes
  • Common Area Amenities:Fitness Room: Yes
  • Common Area Amenities:Pool: Yes
  • AssociationOccupant:Currently Occupied: Call Listing Agent
  • Association Fees Included:Com Area Taxes: Yes
  • Association Fees Included:Insurance: Yes
  • Association Fees Included:Snow Removal: Yes
  • Common Area Amenities:Fire Sprinklers2: Yes
  • Common Area Amenities:Pets Allowed wRestrictions: Yes
  • Common Area Amenities:Shuttle Service2: Yes
  • Common Area Amenities:Steam Room: Yes
  • Common Area Amenities:Tennis Courts: Yes
  • Association Fees Included:Amenities: Yes
  • Association Fees Included:Maintenance Exterior: Yes
  • Association Fees Included:Maintenance Grounds: Yes
  • Association Fees Included:Security: Yes
  • Common Area Amenities:Security System - Entrance: Yes
  • Association Fees Included:Shuttle Service: Yes
  • Common Area Amenities:Elevator(s): Yes
  • Common Area Amenities:Management: Yes
  • Common Area Amenities:Security2: Yes
  • Common Area Amenities:SpaHot Tub: Yes

Fee Information

  • Association Fee Includes: Amenities, Com Area Taxes, Insurance, Maintenance Exterior, Maintenance Grounds, Security, Shuttle Service, Snow Removal

Lot Info

  • Development Status: Construction Status
  • Lot Size Sq Ft: 46609.0
  • Parcel #: DC-91
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 28526.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2022
Sold by
Cantor Rachel L
Bought by
Rachel L Cantor Revocable Trust
Current Estimated Value
$8,084,472

Purchase Details

Closed on
Aug 27, 2021
Sold by
Smure 1103 Llc
Bought by
Cantor Rachel L

Purchase Details

Listed on
May 3, 2018
Closed on
May 29, 2018
Sold by
Wood Ritch N
Bought by
Smure 1103 Llc
Seller's Agent
Cindy Corbin
Summit Sotheby's International Realty
Buyer's Agent
Damon Leake
Summit Sotheby's International Realty
List Price
$4,575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$3,540,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 13, 2016
Sold by
Baer Werner and Baer Fabiola E
Bought by
Wood Ritch N

Purchase Details

Listed on
Jul 16, 2015
Closed on
Sep 30, 2015
Sold by
Jennings Holdings Llc
Bought by
Baer Werner and Baer Fabiola E
Seller's Agent
Rodney Bradshaw
Summit Sotheby's International Realty
Buyer's Agent
Erik Asarian
KW Park City Keller Williams Real Estate
List Price
$3,995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Jul 26, 2011
Sold by
Karyotakis Nicholas
Bought by
Jennings Holdings Llc

Purchase Details

Closed on
Aug 26, 2005
Sold by
Pivotal Promontory Development Llc
Bought by
Txn Llc

Purchase Details

Closed on
Feb 3, 2005
Sold by
Pivotal Promontory Development Llc
Bought by
Karyotakis Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Rachel L Cantor Revocable Trust -- First American Title
Cantor Rachel L -- None Available
Smure 1103 Llc -- Summit Escrow & Title
Wood Ritch N -- Metro National Title
Bear Werner -- None Available
Baer Werner -- Summit Escrow & Title
Jennings Holdings Llc -- None Available
Txn Llc -- None Available
Karyotakis Nicholas -- Summit Escrow & Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smure 1103 Llc $3,540,000
Previous Owner Karyotakis Nicholas $506,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2018 06/04/18 Sold -- -- --
05/08/2018 05/08/18 Pending -- -- --
09/27/2017 09/27/17 For Sale $4,575,000 +10.2% $594 / Sq Ft
10/26/2016 10/26/16 For Sale $4,150,000 +3.9% $539 / Sq Ft
10/24/2016 10/24/16 Sold -- -- -- View Prior Sale
10/13/2016 10/13/16 Pending -- -- --
10/02/2015 10/02/15 Sold -- -- -- View Prior Sale
08/13/2015 08/13/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $3,995,000 -- $519 / 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 $38,592 $6,804,460 $1,101,400 $5,703,060
2023 $38,592 $7,306,294 $1,701,400 $5,604,894
2022 $33,939 $5,422,470 $845,140 $4,577,330
2021 $34,139 $4,429,013 $630,140 $3,798,873
2020 $31,509 $3,824,411 $630,140 $3,194,271
2019 $32,396 $3,510,221 $630,140 $2,880,081
2018 $29,487 $3,195,065 $630,140 $2,564,925
2017 $28,526 $3,195,065 $630,140 $2,564,925
2016 $18,521 $1,936,894 $346,640 $1,590,254
2015 $13,899 $1,384,325 $0 $0
2013 $4,229 $400,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 11703904

Park City Board of REALTORS®

APN: DC-91