See Home Value
Park City 84060
505 DEER VALLEY DR
$3,263,251*
House - Off Market

505 DEER VALLEY DR

Park City, UT 84060
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3995 Sqft
$2,066,000 - $2,524,000
Reference Base Price*
42.19%
Since May 1, 2020
National-US
Primary Model
Sold May 14, 2020
$2,034,400
$1,627,500 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2050
Sold Jun 22, 2009
$908,800
$727,000 by Mountain Express Mortgage
Mortgage Due Jul 01, 2039

About This Property

Timeless stone front home reflecting the creativity of its' artist Seller, that sits on the uphill sunny side of Deer Valley Drive, is steps to historic Main Street, Town Lift and Lower Deer Valley. Rebuilt in 2001 they considered the large property-equal to four Old Town lots (7500 SF) which offered flexibility in the redesign. Enlarged footprint of the main house allowed for three-car built in garage-a rarity in Old Town. Outdoor spaces offer several patios and decks with big ski run views, and a peaceful terraced back garden backing to Gamble Oaks/Lost Prospector trail system. The home features a gourmet kitchen replete with high end features opening into a comfy great room with two-sided gas fireplace and wet bar. A media room adjacent to casual dining, allows everyone a place at the table or a spot to enjoy the weekend football game.Three bedrooms including master suite, a cool bath with antique double vanity, claw foot tub and walk-in shower and second bath complete the second level. Abundant storage throughout including lockouts used during seasonal rentals which homeowners have enjoyed. Studio workspace on the upper level with a kitchenette, second master suite and generous walk in closet may with city approval be a second rental as efficiency apartment* Elevator ready. Zoned R-1 with Building department feasibility study considered*.

The manager has listed the unit size as 3995 square feet.
Unit Size
3,995Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$574
Property Type
House
Property Taxes
$4,390
HOA Dues
-
Year Built
1979

Price History

Date / Event Date Event Price
May 14, 2020 Sold to Curtis Thornhill $2,034,400
Sold to Curtis Thornhill
Apr 9, 2020 No longer available -
No longer available
Mar 11, 2020 Price Decreased $2,295,000
↓ $305K (11.7%)
Price Decreased
Jan 21, 2020 Price Decreased $2,600,000
↓ $150K (5.5%)
Price Decreased
Nov 13, 2019 Price Decreased $2,750,000
↓ $200K (6.8%)
Price Decreased
Show More

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 927
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 4,922
  • Gross Building Area: 4,922
  • Building Area: 3,995
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,995
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 505 DEER VALLEY DRIVE REPLAT SUBDIVISION
  • Land Acres: 0.16
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 1, 505 DEER VALLEY DRIVE REPLAT SUBDIVISION; ACCORDING TO THE OFFICIAL PLAT ON FILE IN THE SUMMIT COUNTY RECORDERS OFFICE CONT 7141 SQ FT OR 0.16 AC 1988-1744 2570-1291 CURTIS THORNHILL TRUSTEE OF THE CURTIS THORNHILL LIVING TRUST DATED NOV 14 20

Ownership

  • Current Owner : THORNHILL CURTIS
  • Current Owner 2: CURTIS THORNHILL LIVING TRUST
  • Previous Owner : WILLINGHAM WILLIAM PRESTON
  • Previous Owner 2: WILLINGHAM ALLISON JAYNE
  • Owner Before Previous Owner: WILLINGHAM WILLIAM PRESTON
  • Owner Before Previous Owner 2: WILLINGHAM ALLISON J

Neighborhood

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

Geography

  • Account Number: 0385256
  • District: 09
  • Parcel: 505-DV-1
  • Lot: 1,505
  • Municipality: PARK CITY DISTRICT
  • Latitude: 40.6454
  • Longitude: -111.492

    Address

  • Full Address: 505 Deer Valley Dr
  • Address - House Number: 505
  • Address - Street Name: Deer Valley
  • Address - Suffix Type: Dr
  • State: UT
  • City Name: Park City
  • Zip Code: 84060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,225
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 9

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,627,500
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 14, 2020
  • First Open Lien Mortgage Loan Amount: $1,627,500
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $3,232,482
  • Market Land Value: $1,350,000
  • Market Improvement Value: $1,882,482

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,232,482
  • Assessed Land Value: $1,350,000
  • Assessed Improvements Value: $1,882,482

    Sales

  • Current Sale Contract Date: May 13, 2020
  • Current Sale Recording Date: May 14, 2020
  • Current Sale Transaction ID: 11761351535
  • Current Sale Price: $2,034,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1132172
  • Previous Sale Recording Date: Jun 22, 2009
  • Previous Sale Contract Date: Jun 16, 2009
  • Previous Sale Amount: $908,800
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 14, 2020
  • First Mortgage Loan Amount: $1,627,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MOUNTAIN EXPRESS MORTGAGE
  • Previous Mortgage Transaction Date: Jun 22, 2009
  • Previous Mortgage Loan Amount: $727,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2039



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
3 Beds
3 Baths
2,057 ft²
$1,070/ft²
$2,200,000 Oct 5, 2022
-
$3,482/mo
House
Stu
-
-
$2,200,000 Jan 19, 2024
-
$960/mo
Land
Loft
-
-
$1,895,000 Nov 21, 2022
-
$417/mo

About Park City


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Frequently Asked Questions

When was property at 505 Deer Valley Drive built and last sold?
The property at 505 Deer Valley Drive was built in 1979 and last sold on May 13, 2020 for $2,034,400.
How much is this home worth?
The estimated value of the home located at 505 Deer Valley Drive is $2,451,508.
What are some comparable homes to 505 Deer Valley Drive?
There are currently no comparable homes to 505 Deer Valley Drive.

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