NOT LISTED FOR SALE

8611 Trails Dr Park City, UT 84098

Estimated Value: $2,636,000 - $4,288,000

6 Beds
7 Baths
7,430 Sq Ft
$478/Sq Ft Est. Value

About This Home

This home is located at 8611 Trails Dr, Park City, UT 84098 and is currently estimated at $3,554,090, approximately $478 per square foot. 8611 Trails Dr is a home located in Summit County with nearby schools including Trailside School, Ecker Hill Middle School, and Treasure Mountain Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Chiang Lily and Chiang Rei
Bought by
Chiang Revocable Trust and Chiang
Current Estimated Value
$3,554,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Outstanding Balance
$2,667,936
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$886,154

Purchase Details

Closed on
Jun 27, 2024
Sold by
Hodell Jason W and Hodell Adrienne E
Bought by
Chiang Lily and Chiang Rei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Outstanding Balance
$2,667,936
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$886,154

Purchase Details

Closed on
May 9, 2011
Sold by
Freed William G and Freed Anne Marle
Bought by
Hodell Jason W and Hodell Adriene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$834,300
Interest Rate
4.77%
Mortgage Type
VA
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Chiang Revocable Trust -- Real Advantage Title Insurance
Chiang Lily -- Metro National Title
Hodell Jason W -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiang Lily $2,700,000
Previous Owner Hodell Jason W $834,300
Source: Public Records

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 $11,682 $2,114,063 $575,625 $1,538,438
2023 $11,682 $2,114,063 $575,625 $1,538,438
2022 $9,146 $1,464,767 $310,938 $1,153,829
2021 $9,560 $1,340,573 $172,980 $1,167,593
2020 $6,705 $890,742 $172,980 $717,762
2019 $6,976 $890,742 $172,980 $717,762
2018 $6,976 $890,742 $172,980 $717,762
2017 $6,451 $890,742 $172,980 $717,762
2016 $6,935 $890,742 $172,980 $717,762
2015 $6,272 $762,264 $0 $0
2013 $5,149 $593,115 $0 $0
Source: Public Records

Map

Utah Summit County Park City 84098

8611 Trails Dr, Park City, UT

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