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3685 Oak Wood Drive

3685 Oak Wood Drive, Park City, UT 84060
House in Summit
Sold Nov 30, 2018
$1,570,400
$1,256,325 by Quicken Loans Inc
Mortgage Due Dec 01, 2033
Sold May 09, 2008
$2,919,400
$2,335,500 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2038
Local assessors in Park City, UT have categorized 3685 Oak Wood Drive as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 28,314 square feet. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3685 Oak Wood Drive has a total of 7,920 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 924 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3685 Oak Wood Drive was last sold in Nov 28, 2018 for $1,570,400. According to our calculations, that's $177.57 per sqft. Prior to that sales transaction, the property was sold for $2,919,400 in May 6, 2008. Current property owners are expected to pay $20,175 in taxes per year. The property on 3685 Oak Wood Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,578,393. To break that down further, the land itself was valued at $825,000. While improvements to the property were assessed at a total of $2,753,393. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 924
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 28,314
  • Total Building Area: 8,844
  • Gross Building Area: 8,844
  • Building Area: 7,920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 7,920
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PATTERSON REPLAT SUBDIVISION
  • Land Acres: 0.65
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 57 PATTERSON REPLAT SUBDIVISION; ACCORDING TO THE OFFICIAL PLAT ON FILE IN THE SUMMIT COUNTY RECORDERS OFFICE CONT 28,233.21 SQ FT OR 0.65 AC 1929-62 (1952-963) 2487-134 2488-1107 KIRK D BOSTROM AND SUSAN L BOSTROM AS TRUSTEES OF THE BOSTROM 1996

Ownership

  • Current Owner : BOSTROM KIRK D
  • Current Owner 2: BOSTROM SUSAN L
  • Previous Owner : LATTA JAMES
  • Owner Before Previous Owner: PATTERSON DOUGLAS E
  • Owner Before Previous Owner 2: PATTERSON LORETTA S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Account Number: 0369128
  • District: 07
  • Parcel: PATT-57
  • Lot: 57
  • Municipality: PARK CITY DISTRICT
  • Latitude: 40.6583
  • Longitude: -111.475

    Address

  • Full Address: 3685 Oakwood Dr
  • Address - House Number: 3685
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Dr
  • State: UT
  • City Name: Park City
  • Carrier Code: H022
  • 4-Digit Zip Code: 7808
  • Zip Code: 84060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,175
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 2,552,723
  • High Value: 3,681,817
  • Low Value: 1,423,628

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,256,325
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 30, 2018
  • First Open Lien Mortgage Loan Amount: $1,256,325
  • 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: Dec 01, 2033

    Market Valuation

  • Market Total Value: $6,506,169
  • Market Land Value: $1,500,000
  • Market Improvement Value: $5,006,169

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,578,393
  • Assessed Land Value: $825,000
  • Assessed Improvements Value: $2,753,393

    Sales

  • Current Sale Contract Date: Nov 28, 2018
  • Current Sale Recording Date: Nov 30, 2018
  • Current Sale Transaction ID: 11538807789
  • Current Sale Price: $1,570,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 01102445
  • Previous Sale Recording Date: May 09, 2008
  • Previous Sale Contract Date: May 06, 2008
  • Previous Sale Amount: $2,919,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Nov 30, 2018
  • First Mortgage Loan Amount: $1,256,325
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: May 09, 2008
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $2,335,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2038

About Park City



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Frequently Asked Questions

What neighborhood is 3685 Oak Wood Drive located in?
The 3685 Oak Wood Drive is a house located in the neighborhood of Summit in Park City, Park City.
What is the average sales price for listings in 3685 Oak Wood Drive?
The average sales price for units in 3685 Oak Wood Drive is $0 currently.

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