NOT LISTED FOR SALE

8769 N Promontory Ridge Dr Park City, UT 84098

Estimated Value: $3,757,000 - $10,084,509

1.31 Acres
$5,213,837 Price per Acre
57,064 Sq Ft Lot

Last Sold December 13, 2017

Current estimated payment $37,976/month

34 Days on Market

Highlights

  • Views of Ski Resort
  • Steam Room
  • Building Security System
  • North Summit Middle School Rated A-
  • Fitness Center
  • 1.31 Acre Lot

About This Lot

As of December 2017

This fantastic view homesite is 1.31 Acres with top of the world views! Enjoy spectacular mountain views of Deer Valley, Park City, and The Canyons. This is a truly beautiful spot to build your dream home.

Last Agent to Sell the Property

Cindy Corbin

Summit Sotheby's International Realty License #5450950-AB00 Listed on: 11/01/2017

Last Buyer's Agent

Shane Herbert

KW Park City Keller Williams Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,416

Lot Details

  • 1.31 Acre Lot
  • Property fronts a private road
  • Gated Home
  • Natural State Vegetation
  • Level Lot

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Ski Resort
  • Mountain

Utilities

  • Natural Gas Connected
  • Private Water Source
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number PROMR-1-27

Community Details

Overview

  • Association fees include security, snow removal
  • Association Phone (435) 333-4063
  • Visit Association Website
  • Promontory Ridge Subdivision

Amenities

  • Steam Room
  • Shuttle
  • Clubhouse
  • Elevator

Recreation

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

Security

  • Building Security System

Property Details

Property Type

Land

Est. Annual Taxes

$2,416

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Gated, Private Road
  • Road Surface Type: Paved
  • Property Sub Type: Residential
  • Lot Size Acres: 1.31
  • Subdivision Name: Promontory Ridge
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: PROMR-1-27
  • Property Info:Apx Taxes: 2416.0
  • Property Info:Tax Year2: 2017
  • Property Info:Access: Year Round
  • Size of Lot:Apx Lot Size (SqFt)3: 57064.0
  • Size of Lot:Apx Acres3: 1.31
  • 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
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Description:Level: Yes
  • Special Features: VirtualTour

Exterior Features

  • Other Structures: None
  • Lot Features: Gradual Slope, Level, Natural Vegetation
  • View: Mountain(s), Ski Area

Utilities

  • Cooling: None
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Cooling Y N: No
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Amenities: See Remarks, Spa/Hot Tub, Security, Management, Elevator(s), Clubhouse, Fire Sprinklers, Fitness Room, Pets Allowed w/Restrictions, Pool, Security System - Entrance, Shuttle Service, Other, Steam Room, Tennis Court(s)
  • Association Fee: 750.0
  • Association Fee Frequency: Quarterly
  • Phone: 435-333-4063
  • Association: Yes

Association/Amenities

  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 750.0
  • AssociationOccupant:HOA Dues Frequency: Quarterly
  • AssociationOccupant:HOA Contact: Logan Finlayson
  • 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:Fitness Room: Yes
  • Common Area Amenities:Pool: Yes
  • Common Area Amenities:Tennis Court(s)2: Yes
  • Association Fees Include:Snow Removal2: Yes
  • Common Area Amenities:Fire Sprinklers2: Yes
  • Common Area Amenities:Pets Allowed wRestrictions: Yes
  • Common Area Amenities:Shuttle Service2: 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
  • Association Fees Include:ReserveContingency Fund2: Yes
  • Association Fees Include:Maintenance Exterior2: Yes
  • Common Area Amenities:Steam Room2: Yes
  • Common Area Amenities:Other6: Yes
  • Common Area Amenities:See Remarks39: Yes
  • Common Area Amenities:Elevator(s): Yes
  • Common Area Amenities:Management: Yes
  • Common Area Amenities:Security2: Yes
  • Common Area Amenities:SpaHot Tub: Yes
  • Association Fees Include:Security3: Yes

Fee Information

  • Association Fee Includes: Security, Snow Removal

Lot Info

  • Lot Size Sq Ft: 57063.6
  • Parcel #: PROMR-1-27
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2416.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2017
Closed on
Dec 12, 2017
Sold by
Nicolal Pascal
Bought by
Roach Vincent Eric and Roach Margaret Ann
Seller's Agent
Cindy Corbin
Summit Sotheby's International Realty
Buyer's Agent
Shane Herbert
KW Park City Keller Williams Real Estate
List Price
$650,000
Current Estimated Value
$6,830,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.52%

Purchase Details

Listed on
May 5, 2016
Closed on
Dec 1, 2016
Sold by
Promontory Development Llc
Bought by
Nicolai Pascal
Seller's Agent
Cindy Corbin
Summit Sotheby's International Realty
Buyer's Agent
Cindy Corbin
Summit Sotheby's International Realty
List Price
$580,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$300,000
Interest Rate
4.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Roach Vincent Eric -- Summit Escrow & Title
Nicolai Pascal -- Summit Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nicolai Pascal $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2017 12/13/17 Sold -- -- --
12/06/2017 12/06/17 Pending -- -- --
11/01/2017 11/01/17 For Sale $650,000 +12.1% --
12/06/2016 12/06/16 Sold -- -- -- View Prior Sale
05/05/2016 05/05/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $580,000 -- --
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 $18,163 $3,636,019 $674,370 $2,961,649
2023 $18,163 $3,438,576 $674,370 $2,764,206
2022 $20,317 $3,246,076 $481,870 $2,764,206
2021 $17,619 $2,285,803 $311,370 $1,974,433
2020 $19,602 $2,379,120 $311,370 $2,067,750
2019 $6,856 $742,860 $425,620 $317,240
2018 $2,498 $270,620 $270,620 $0
2017 $2,416 $270,620 $270,620 $0
2016 $3,353 $350,620 $350,620 $0
2015 $3,470 $345,620 $0 $0
2013 $1,856 $175,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Cindy Corbin

    Summit Sotheby's International Realty

    (949) 903-3068

    16 in this area

    131 Total Sales

    Cindy Corbin
    Section Image

  • S

    Buyer's Agent in 2017

    Shane Herbert

    KW Park City Keller Williams Real Estate

  • B

    Buyer Co-Listing Agent in 2017

    Brandon Oyler

    Summit Sotheby's - 1101 Park

See All Agents

Map

Source: Park City Board of REALTORS®

MLS Number: 11704432

Park City Board of REALTORS®

APN: PROMR-1-27

Utah Summit County Park City 84017

8769 N Promontory Ridge Dr, Park City, UT

This home is located at 8769 N Promontory Ridge Dr, Park City, UT 84098 since 01 November 2017 and is currently estimated at $6,830,127. 8769 N Promontory Ridge Dr is a home located in Summit County with nearby schools including North Summit Middle School, North Summit Elementary School, and North Summit High School.

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