Question 1

What is the asking price for 481 WASATCH, Park City?

Accepted Answer

481 WASATCH, Park City is listed at $1,899,000 ($761/sqft).  Current status: Pending.

Question 2

How many bedrooms and bathrooms does 481 WASATCH, Park City have?

Accepted Answer

This Residential features 4 bedrooms, 3 bathrooms, 2,495 square feet of living space. It is a 2-story home. The lot is 3.68 acres.

Question 3

When was 481 WASATCH, Park City built?

Accepted Answer

This property was built in 1993, making it 33 years old. Homes from this era often feature solid construction. Buyers should review the condition of the roof, HVAC, and plumbing.

Question 4

What type of property is 481 WASATCH, Park City?

Accepted Answer

481 WASATCH, Park City is a Residential (Single Family Residence). The architectural style is Tri/Multi-Level. It is located in the SILVER CREEK ESTATES subdivision. Zoning: Single-Family, Short Term Rental Allowed.

Question 5

Does 481 WASATCH, Park City have a garage or parking?

Accepted Answer

Yes, this property includes a 1-car garage. Total parking capacity: 1 vehicles.

Question 6

Is there an HOA for 481 WASATCH, Park City?

Accepted Answer

No, this property is not part of a homeowners association, which means no monthly HOA fees. Homeowners maintain full control over their property without HOA restrictions or assessments.

Question 7

What are the property taxes for 481 WASATCH, Park City?

Accepted Answer

Annual property taxes for this property are approximately $5,375 (about $448/month). This represents an effective tax rate of approximately 0.28% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 481 WASATCH, Park City?

Accepted Answer

Exterior features include: Out Buildings.    View: Mountain(s).

Question 9

How long has 481 WASATCH, Park City been on the market?

Accepted Answer

This property has been listed for 8 days. The average days on market in Park City is 75 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 10

What schools serve 481 WASATCH, Park City?

Accepted Answer

Assigned schools: Elementary: Trailside; Middle: Ecker Hill; High: Park City. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Silver Summit School with a 62% state performance score (1.8 miles away). School district: Park City.

Question 11

What high school is near 481 WASATCH, Park City?

Accepted Answer

The nearest high school is Park City. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 12

What elementary school is near 481 WASATCH, Park City?

Accepted Answer

The nearest elementary school is Trailside (1.8 miles away). State performance score: 62%. District: South Summit District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 13

What middle school is near 481 WASATCH, Park City?

Accepted Answer

The nearest middle school is Ecker Hill.

Question 14

How does this listing compare to the Park City market?

Accepted Answer

481 WASATCH, Park City is listed at $1,899,000, which is above the Park City median of $1,875,000 by $24,000. There are currently 640 active listings in Park City. Homes in Park City sell in an average of 75 days. The average sale-to-list ratio is 97.2%.

Question 15

What is the Park City real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Park City is $1,875,000. There are currently 640 active listings. Homes sell in an average of 75 days. The average sale-to-list ratio is 97.2%. This listing at $1,899,000 is above the Park City 2026 median.

Question 16

Are there other homes for sale in Park City?

Accepted Answer

Yes — there are currently 640 active listings in Park City. Browse all Park City homes for sale at propaired.ai/listings/ut/park-city. Prices range around a median of $1,875,000. Homes in Park City are selling in about 75 days on average.

Question 17

What is the Park City neighborhood like?

Accepted Answer

World-class ski resort town. Upscale, excellent schools, second homes, Olympics heritage, outdoor recreation paradise. Higher cost of living. Park City is known for: ski-access, upscale, outdoor-recreation, resort-town. Population: approximately 8,000. Explore the full Park City market data and community guide on Propaired.

Question 18

How does this price compare to the Utah state average?

Accepted Answer

At $1,899,000, this property is above the Utah state median of $525,000 by $1,374,000. Park City prices are 257% above the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 19

What heating and cooling systems does 481 WASATCH, Park City have?

Accepted Answer

Heating: Gas: Stove. Cooling system details are not listed. Given the age of this home, it may be worth requesting a professional HVAC inspection to assess system efficiency and remaining lifespan. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 20

What type of roof does 481 WASATCH, Park City have?

Accepted Answer

The roof material is Composition. Ask the listing agent about the roof's age and any recent repairs. With a 33-year-old home, reviewing recent roof inspections is recommended.

Question 21

Does 481 WASATCH, Park City have a basement?

Accepted Answer

Yes, the basement is described as: Full. Basements in Utah are common and add versatile living or storage space. Check for any signs of moisture or foundation issues during the home inspection.

Question 22

What is 481 WASATCH, Park City constructed from?

Accepted Answer

Construction materials include: Composition. The construction type affects long-term maintenance requirements and insurance costs.

Question 23

What are the water and sewer connections for 481 WASATCH, Park City?

Accepted Answer

Water source: Well. Sewer: Septic Tank. Properties on well water should have water quality tested annually and the well inspected before purchase. Septic systems require regular pumping (every 3-5 years) and inspection. Budget approximately $300-$500 for routine maintenance. Water is a critical consideration in Utah's arid climate.

Question 24

What is the commute like from 481 WASATCH, Park City?

Accepted Answer

481 WASATCH, Park City is located in Park City, in the Wasatch Front region of Utah. With a population of approximately 8,000, Park City has good transportation access. Commute times vary by destination — most Wasatch Front cities are within 30-60 minutes of downtown Salt Lake City via I-15. Consider rush-hour traffic patterns when evaluating this location.

Question 25

What is the Park City community like?

Accepted Answer

Park City is known for: ski-access, upscale, outdoor-recreation, resort-town, excellent-schools. The city has approximately 8,000 residents. The median home price in Park City is $2,500,000. Explore the full Park City community profile on Propaired for detailed neighborhood insights.

Question 26

What would homeowner's insurance cost for 481 WASATCH, Park City?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $1,899,000, expect approximately $5,697-$9,495/year ($475-$791/month).   Get multiple quotes — rates vary significantly by insurer.

Question 27

What are the estimated closing costs for 481 WASATCH, Park City?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,899,000, expect approximately $37,980-$94,950 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 28

How does the property tax compare to the list price at 481 WASATCH, Park City?

Accepted Answer

The annual property tax of $5,375 represents an effective rate of 0.28% relative to the list price of $1,899,000. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 29

Is 481 WASATCH, Park City eligible for FHA or VA financing?

Accepted Answer

At $1,899,000, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 30

Could 481 WASATCH, Park City be a 1031 exchange property?

Accepted Answer

Yes, 481 WASATCH, Park City could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 31

What is the price trend in Park City?

Accepted Answer

Park City's median price has increased 14.7% month-over-month. Current median: $1,875,000. Days on market have decreased by 22.8% month-over-month. Homes are selling at 97.2% of list price on average. Monitor these trends to time your offer strategically.

Question 32

What school district is 481 WASATCH, Park City in?

Accepted Answer

This property is in the Park City school district. Assigned elementary: Trailside. Assigned middle: Ecker Hill. Assigned high: Park City. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 33

Is 481 WASATCH, Park City move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 34

What updates might 481 WASATCH, Park City need?

Accepted Answer

At 33 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement. Current roof: Composition. Current heating: Gas: Stove. These are general guidelines based on typical component lifespans — the actual condition depends on maintenance history. Always get a professional inspection and ask the seller for maintenance records and any recent upgrades.

Question 35

Does 481 WASATCH, Park City come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 36

What is the lot like at 481 WASATCH, Park City?

Accepted Answer

The lot is 3.68 acres. Lot features: View: Mountain. Terrain: Terrain, Flat, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 37

What utilities are available at 481 WASATCH, Park City?

Accepted Answer

Available utilities include: Natural Gas Connected,Sewer: Septic Tank. Water source: Well. Sewer: Septic Tank. Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

Question 38

Does 481 WASATCH, Park City have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Gas: Stove. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating.  Natural gas availability also supports gas ranges, water heaters, and fireplaces.

481 WASATCH, Park City, UT 84098

481 E WASATCH WAY, Park City, UT 84098

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