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2630 Solamere Drive

2630 Solamere Drive, Park City, UT 84060
Property in Summit
Sold Apr 01, 2021
$1,800,000
$1,440,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2051
2630 Solamere Drive in Park City, UT was first built in 1993 and is 31 years old. This has been categorized as a residential property type. There are a total of 3 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 2630 Solamere Drive has 2,880 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,632 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 744 sqft. There are a total of 3 available parking spaces. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2630 Solamere Drive sold most recently in Mar 25, 2021 for a total of $1,800,000. If you work out the math, that's approximately a cost of $496.69 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,033 in taxes each year. 2630 Solamere Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,070,088. If we break it down further, the land itself was valued at $385,000. Improvements to the property, however, were assessed at a total of $685,088. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 744
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 3,624
  • Gross Building Area: 3,624
  • Building Area: 2,880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,880
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOLAMERE SUBDIVISION
  • Land Acres: 0.29
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 63 SOLAMERE SUBDIVISION IN SEC 15 T2SR4E SLBM CONT 12,609 SQ FT OR 0.29 AC M175-609 490-301 527-534 566-188 631-623 680-734 742-133 853-643 907-275 1922-1318 2653-757

Ownership

  • Current Owner : WHIPPLE JEFFREY R
  • Current Owner 2: WHIPPLE KERRT M
  • Previous Owner : HILL THOMTON L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Park City School District
  • Census Tract: 964402

Geography

  • Account Number: 0196067
  • District: 06
  • Parcel: SOL-63
  • Lot: 63
  • Meridian: SEC 15 TWN 02S RNG 04E
  • Municipality: PARK CITY DISTRICT
  • Latitude: 40.652
  • Longitude: -111.476

    Address

  • Full Address: 2630 Solamere Dr
  • Address - House Number: 2630
  • Address - Street Name: Solamere
  • Address - Suffix Type: Dr
  • State: UT
  • City Name: Park City
  • Carrier Code: H022
  • 4-Digit Zip Code: 8851
  • Zip Code: 84060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,033
  • Tax Rate Code Area: 6

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,440,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 01, 2021
  • First Open Lien Mortgage Loan Amount: $1,440,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $1,945,615
  • Market Land Value: $700,000
  • Market Improvement Value: $1,245,615

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,070,088
  • Assessed Land Value: $385,000
  • Assessed Improvements Value: $685,088

    Sales

  • Current Sale Contract Date: Mar 25, 2021
  • Current Sale Recording Date: Apr 01, 2021
  • Current Sale Transaction ID: 11829399657
  • Current Sale Price: $1,800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1159844

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 01, 2021
  • First Mortgage Loan Amount: $1,440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About Park City



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Frequently Asked Questions

What neighborhood is 2630 Solamere Drive located in?
The 2630 Solamere Drive is a located in the neighborhood of Summit in Park City, Park City.
What is the average sales price for listings in 2630 Solamere Drive?
The average sales price for units in 2630 Solamere Drive is $0 currently.

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