$1,100,000
SOLD JUL 9, 2015
Last list price

8978 N Promontory Summit Dr Park City, UT 84098

5.62 Acres
$195,730 Price per Acre
244,807 Sq Ft Lot

Recently Sold

Highlights

  • Steam Room
  • Fitness Center
  • Clubhouse
  • North Summit Middle School Rated A-
  • Mountain View
  • Community Pool

About This Lot

As of October 2024

Beautiful homesite located in The Summit neighborhood of Promontory. This large homesite of 5.62 acres has beautiful ski mountain views and is the perfect spot to build your dream home of up to 8, 000 square feet. Convenient access to Promontorys north entrance & I-80. Promontory, Park Citys premier golf & recreational community is a tribute to the wide-open spaces of the west, spanning over 10 square miles. Access to Club amenities is available upon acquiring a separate Club Membership. Fully sponsored Club membership included.

Last Agent to Sell the Property

Brian Wilson

Summit Sotheby's International Realty Listed on: 06/24/2015

Last Buyer's Agent

Brian Wilson

Promontory Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,324

Lot Details

  • 5.62 Acre Lot
  • Property fronts a private road
  • Gated Home
  • Sloped Lot

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Mountain Views

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number SUM-57

Community Details

Overview

Amenities

  • Steam Room
  • Shuttle
  • Clubhouse
  • Elevator

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$2,324

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: 5.62
  • Subdivision Name: The Summit
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: SUM-57
  • Property Info:Apx Taxes: 2324.0
  • Property Info:Tax Year2: 2015
  • Property Info:Access: Year Round
  • Size of Lot:Apx Lot Size (SqFt)3: 244807.0
  • Size of Lot:Apx Acres3: 5.62
  • Property Description:Gradual Slope: Yes
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Water:Public2: 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
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Gradual Slope
  • View: Mountain(s)

Utilities

  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Spa/Hot Tub, Elevator(s), Clubhouse, Fire Sprinklers, Fitness Room, Pets Allowed w/Restrictions, Pool, Shuttle Service, Steam Room, Tennis Court(s)
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Phone: 435-333-4204
  • Association: Yes

Association/Amenities

  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 250.0
  • AssociationOccupant:HOA Dues Frequency: Monthly
  • AssociationOccupant:HOA Contact: Beth Armstrong
  • AssociationOccupant:HOA Contact Phone: 435-333-4204
  • AssociationOccupant:HOA Website: www.promontoryclub.com
  • Common Area Amenities:Clubhouse: Yes
  • Common Area Amenities:Fitness Room: Yes
  • Common Area Amenities:Pool: Yes
  • Common Area Amenities:Tennis Court(s)2: Yes
  • Common Area Amenities:Fire Sprinklers2: Yes
  • Common Area Amenities:Pets Allowed wRestrictions: Yes
  • Common Area Amenities:Shuttle Service2: Yes
  • Association Fees Include:Com Area Taxes2: Yes
  • Association Fees Include:Insurance2: Yes
  • Association Fees Include:Maintenance Grounds2: Yes
  • Association Fees Include:Maintenance Exterior2: Yes
  • Common Area Amenities:Steam Room2: Yes
  • Common Area Amenities:Elevator(s): Yes
  • Common Area Amenities:SpaHot Tub: Yes

Lot Info

  • Lot Size Sq Ft: 244807.2
  • Parcel #: SUM-57
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2324.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Oct 30, 2024
Sold by
Mishurda Elizabeth J
Bought by
Selame Jonathan and Selame Lauren
Seller's Agent
Brian Wilson
Summit Sotheby's International Realty
Buyer's Agent
Derrik Carlson
BHHS Utah Properties - SV
List Price
$10,000,000
Views
52
Current Estimated Value
$9,267,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.64%

Purchase Details

Listed on
Jul 12, 2024
Closed on
Oct 21, 2024
Sold by
Mishurda Family Trust and Mishurda Neil J
Bought by
Mishurda Elizabeth J
Seller's Agent
Brian Wilson
Summit Sotheby's International Realty
Buyer's Agent
Derrik Carlson
BHHS Utah Properties - SV
List Price
$10,000,000
Views
52

Purchase Details

Listed on
Jun 24, 2015
Closed on
Jul 7, 2015
Sold by
Promontory Development Llc
Bought by
Mishurda Neil J and Mishurda Elizabeth J
Seller's Agent
Brian Wilson
Summit Sotheby's International Realty
Buyer's Agent
Brian Wilson
Promontory Realty LLC
List Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.30%
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 Type Sale Price Title Company
Warranty Deed -- First American Title Insurance
Warranty Deed -- None Listed On Document
Special Warranty Deed -- Summit Escrow & Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,950,000 New Conventional
Previous Owner $2,388,000 New Conventional
Previous Owner $246,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold -- -- --
10/17/2024 10/17/24 Pending -- -- --
09/13/2024 09/13/24 Price Changed $9,750,000 -2.5% $1,342 / Sq Ft
07/12/2024 07/12/24 For Sale $10,000,000 0.0% $1,377 / Sq Ft
08/09/2023 08/09/23 Rented $25,000 -9.1% --
05/31/2023 05/31/23 For Rent $27,500 0.0% --
07/09/2015 07/09/15 Sold -- -- --
06/24/2015 06/24/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $1,100,000 -- --
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 $21,900 $4,806,533 $1,137,400 $3,669,133
2023 $21,900 $4,146,089 $1,137,400 $3,008,689
2022 $23,498 $3,754,214 $745,525 $3,008,689
2021 $15,684 $2,034,741 $477,400 $1,557,341
2020 $29,858 $3,623,929 $792,400 $2,831,529
2019 $28,733 $3,113,325 $792,400 $2,320,925
2018 $28,733 $3,113,325 $792,400 $2,320,925
2017 $22,504 $2,520,565 $792,400 $1,728,165
2016 $9,489 $992,400 $992,400 $0
2015 $4,568 $455,000 $0 $0
2013 $4,636 $438,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 11502543

Park City Board of REALTORS®

APN: SUM-57