NOT LISTED FOR SALE

9397 N Promontory Summit Dr Park City, UT 84098

Estimated Value: $4,509,000 - $7,171,242

1.43 Acres
$3,820,802 Price per Acre
62,291 Sq Ft Lot

Last Sold March 15, 2019

Current estimated payment $34,731/month

Highlights

  • Views of Ski Resort
  • Steam Room
  • Clubhouse
  • North Summit Middle School Rated A-
  • Fitness Center
  • Community Pool

About This Lot

As of March 2019

This 1.43 acre-plus west-facing home site offers stunning panoramic views of the Wasatch mountain range. Located in our premiere Summit neighborhood of Promontory, this location has easy access to Promontory's golf courses and world-class amenities.

Last Agent to Sell the Property

Cindy Corbin

Summit Sotheby's International Realty License #5450950-AB00 Listed on: 03/08/2019

Last Buyer's Agent

Cindy Corbin

Summit Sotheby's International Realty License #5450950-AB00 Listed on: 03/08/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,619

Lot Details

  • 1.43 Acre Lot
  • Property fronts a private road
  • Gated Home
  • Natural State Vegetation
  • Sloped Lot

HOA Fees

  • $300 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 SUM-39

Community Details

Overview

  • Association fees include security, snow removal
  • Association Phone (435) 333-4062
  • Visit Association Website
  • The Summit 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

$6,619

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: 1.43
  • Subdivision Name: The Summit
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: SUM-39
  • Property Info:Apx Taxes: 6619.0
  • Property Info:Tax Year2: 2018
  • Property Info:Access: Year Round
  • Size of Lot:Apx Lot Size (SqFt)3: 62291.0
  • Size of Lot:Apx Acres3: 1.43
  • 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
  • Special Features: VirtualTour

Exterior Features

  • Other Structures: None
  • Lot Features: Gradual Slope, 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, 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: 900.0
  • Association Fee Frequency: Quarterly
  • Phone: 435-333-4062
  • Association: Yes

Association/Amenities

  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 900.0
  • AssociationOccupant:HOA Dues Frequency: Quarterly
  • AssociationOccupant:HOA Contact: Logan Finlayson
  • AssociationOccupant:HOA Contact Phone: 435-333-4062
  • 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: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:SpaHot Tub: Yes
  • Association Fees Include:Security3: Yes

Fee Information

  • Association Fee Includes: Security, Snow Removal

Lot Info

  • Lot Size Sq Ft: 62290.8
  • Parcel #: SUM-39
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6619.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
Mar 13, 2019
Sold by
Promontory Development Llc
Bought by
Verano Hugh T and Verano Beverly
Seller's Agent
Cindy Corbin
Summit Sotheby's International Realty
Buyer's Agent
Cindy Corbin
Summit Sotheby's International Realty
List Price
$759,000
Current Estimated Value
$5,463,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.11%
Original Mortgage
$531,300
Outstanding Balance
$252,965
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,210,782
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
Verano Hugh T -- Summit Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verano Hugh T $531,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2019 03/15/19 Sold -- -- --
03/08/2019 03/08/19 For Sale $759,000 -- --
03/07/2019 03/07/19 Pending -- -- --
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
2022 $10,609 $933,600 $933,600 $0
2021 $5,462 $708,600 $708,600 $0
2020 $5,838 $708,600 $708,600 $0
2019 $6,619 $717,200 $717,200 $0
2018 $6,619 $717,200 $717,200 $0
2017 $6,403 $717,200 $717,200 $0
2016 $8,688 $717,200 $717,200 $0
2015 $2,465 $245,500 $0 $0
2013 $4,554 $430,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cindy Corbin

    Summit Sotheby's International Realty

    (949) 903-3068

    131 Total Sales

    Cindy Corbin
    Section Image
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Map

Source: Park City Board of REALTORS®

MLS Number: 11807481

Park City Board of REALTORS®

APN: SUM-39

Utah Summit County Park City 84017

9397 N Promontory Summit Dr, Park City, UT

This home is located at 9397 N Promontory Summit Dr, Park City, UT 84098 since 08 March 2019 and is currently estimated at $5,463,747. 9397 N Promontory Summit 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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