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2971 Arabian Drive

2971 Arabian Drive, Park City, UT 84060
Property in Summit
Sold Feb 03, 2021
$673,800
$539,000 by United Wholesale Mortgage
Mortgage Due Feb 01, 2036
Sold Dec 03, 2015
$750,400
$600,300 by United Wholesale Mortgage
Mortgage Due Feb 01, 2046
2971 Arabian Drive in Park City, UT was first built in 1978 and is 46 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2971 Arabian Drive has 3,209 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 20,038 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 429 sqft. There are a total of 2 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, 2971 Arabian Drive sold most recently in Jan 21, 2021 for a total of $673,800. If you work out the math, that's approximately a cost of $185.21 per sqft. Before that, the property was also sold for $750,400 in Nov 20, 2015. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $6,772 in taxes each year. 2971 Arabian Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,201,136. If we break it down further, the land itself was valued at $605,000. Improvements to the property, however, were assessed at a total of $596,136. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 429
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 3,638
  • Gross Building Area: 3,638
  • Building Area: 3,209
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,209
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK MEADOWS SUBDIVISION
  • Land Acres: 0.46
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 14 PARK MEADOWS SUBDIVISION NO 3 SEC 4 T2SR4E SLBM CONT .457 AC M108-766 M127-617 M130-237,238 385-84 415-316 603-301-302 626-591 881-766 1891-657 2315-755 2327-1268 2329-675 2335-213 2360-1415 2366-1345 2639-14-33 BARBARA E JOHNSON TRUSTEE OF TH

Ownership

  • Current Owner : JOHNSON BARBARA E
  • Previous Owner : JOHNSON BARBARA E
  • Previous Owner 2: THE BARBARA E JOHNSON LIVING T
  • Owner Before Previous Owner: JOHNSON BARBARA E
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Park City School District
  • Census Tract: 964308

Geography

  • Account Number: 0039887
  • District: 07
  • Parcel: PKM-3-14
  • Lot: 14
  • Meridian: SEC 04 TWN 02S RNG 04E
  • Municipality: PARK CITY DISTRICT
  • Latitude: 40.6763
  • Longitude: -111.51

    Address

  • Full Address: 2971 Arabian Dr
  • Address - House Number: 2971
  • Address - Street Name: Arabian
  • Address - Suffix Type: Dr
  • State: UT
  • City Name: Park City
  • Carrier Code: H001
  • 4-Digit Zip Code: 6808
  • Zip Code: 84060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,772
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.4261
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 14
  • Final Value: 989,550
  • High Value: 1,411,213
  • Low Value: 567,886

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $539,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 03, 2021
  • First Open Lien Mortgage Loan Amount: $539,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2036

    Market Valuation

  • Market Total Value: $2,183,884
  • Market Land Value: $1,100,000
  • Market Improvement Value: $1,083,884

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,201,136
  • Assessed Land Value: $605,000
  • Assessed Improvements Value: $596,136

    Sales

  • Current Sale Contract Date: Jan 21, 2021
  • Current Sale Recording Date: Feb 03, 2021
  • Current Sale Transaction ID: 11817309525
  • Current Sale Price: $673,800
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 1154680
  • Previous Sale Recording Date: Dec 03, 2015
  • Previous Sale Contract Date: Nov 20, 2015
  • Previous Sale Amount: $750,400
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Feb 03, 2021
  • First Mortgage Loan Amount: $539,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Dec 03, 2015
  • Previous Mortgage Loan Amount: $600,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2046

About Park City



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Frequently Asked Questions

What neighborhood is 2971 Arabian Drive located in?
The 2971 Arabian Drive is a located in the neighborhood of Summit in Park City, Park City.
What is the average sales price for listings in 2971 Arabian Drive?
The average sales price for units in 2971 Arabian Drive is $0 currently.

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