NOT LISTED FOR SALE

1023 E White Mountain Blvd Pine Top, AZ 85935

Pinetop Area

Estimated Value: $2,634,692

Studio
-- Bath
12,202 Sq Ft
$216/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2023

Last sale price $2,375,000 $195 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $15,097 / mo

50 Days on Market

Highlights

  • 1.05 Acre Lot
  • Cooling Available
  • Heating Available

About This Home

As of June 2023

* Quaint Pinetop Hotel Available for Sale
* Recently Remodeled with High End Finishes
* Four Seasons Hotel Centrally Located in Pinetop
* Located Within the Heart of the White Mountains
* Close Proximity to Hunting, Fishing, Camping and Skiing, Including the Winter Sports Complex just 30 Miles East
* 25 rooms, playground & barbecue areas
* Seller carry available

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 03/14/2023

Last Buyer's Agent

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 03/14/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,476

Year Built

  • Built in 1973

Lot Details

  • 1.05 Acre Lot

Home Design

  • 12,202 Sq Ft Home

Parking

  • 25 Open Parking Spaces
  • 25 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot C-19
  • Assessor Parcel Number 311-29-033

Community Details

Overview

  • Pinetop Hills Unit 1 Subdivision

Building Details

  • Operating Expense $168,739
  • Gross Income $248,834
  • Net Operating Income $167,000

Property Details

Property Type

Other

Est. Annual Taxes

$9,476

Year Built

Built in 1973

Lot Details

1.05 Acres

Listing Details

  • Cross Street: Hwy 260 & E Woodland Lake Rd
  • Property Type: Comm/Industry Sale
  • Zoning: C
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 1973
  • Tax Year: 2022
  • Lot Size Acres: 1.05
  • Professional Management Expense: 18000.0
  • Subdivision Name: PINETOP HILLS UNIT 1
  • Structure Type: Other (See Remarks), Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 12202.0

Exterior Features

  • Fencing: Other
  • Disclosures: Other (See Remarks)
  • Construction Type: Other
  • Roof: Other
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 25.0
  • Total Parking Spaces: 25.0
  • General Property Description:Uncvrd Parking Spcs: 25.0
  • General Property Description:Total Parking Spcs: 25.0
  • Parking Features Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 45738.0
  • Parcel #: 311-29-033
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 248834.37
  • Insurance Expense: 2296.73
  • Property Net Operating Income: 167000.0
  • Annual Operating Expense: 168739.08

Tax Info

  • Tax Annual Amount: 9476.0
  • Tax Book Number: 311.00
  • Tax Lot: C-19
  • Tax Map Number: 29.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Jun 14, 2023
Sold by
Bought by
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
List Price
$2,750,000
Sold Price
$2,375,000
Premium/Discount to List
-$375,000
-13.64%
Views
91
Current Estimated Value
$2,634,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,692
Avg. Annual Appreciation
3.42%
Original Mortgage
$1,625,000
Interest Rate
0.0639%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Aug 4, 2021
Closed on
Oct 4, 2021
Sold by
Bought by
Seller's Agent
Casey Thompson
RETSY
Buyer's Agent
Casey Thompson
RETSY
List Price
$1,000,000
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.83%
Original Mortgage
$200,000
Interest Rate
0.028%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
0.0364%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
0.0667%
Mortgage Type
Commercial

Purchase Details

Closed on
May 23, 2005
Sold by
Bought by

Purchase Details

Closed on
Jan 20, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
0.0573%
Mortgage Type
Credit Line Revolving
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,375,000 Commonwealth Land Title
$1,000,000 Pioneer Title Agency Inc
-- Pioneer Title Agency
$550,000 Pioneer Title Agency Inc
$600,000 Landamerica Transnation Titl
-- Transnation Title
$620,000 Transnation Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,625,000
Previous Owner $200,000
Previous Owner $409,000
Previous Owner $411,447
Previous Owner $435,000
Previous Owner $450,000
Previous Owner $25,000
Previous Owner $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2023 06/14/23 Sold $2,375,000 -5.0% $195 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
03/28/2023 03/28/23 Price Changed $2,500,000 -9.1% $205 / Sq Ft
03/14/2023 03/14/23 For Sale $2,750,000 +175.0% $225 / Sq Ft
10/06/2021 10/06/21 Sold $1,000,000 0.0% $82 / Sq Ft View Prior Sale
09/10/2021 09/10/21 Price Changed $1,000,000 -4.8% $82 / Sq Ft
09/03/2021 09/03/21 Price Changed $1,050,000 +5.0% $86 / Sq Ft
08/04/2021 08/04/21 For Sale $1,000,000 -- $82 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2027 $10,391 --
2026 $10,288 --
2025 $10,145 $149,620 $35,566 $114,054
2024 $9,476 $131,820 $35,566 $96,254
2023 $10,145 $105,629 $29,638 $75,991
2022 $9,476 $0 $0 $0
2021 $10,599 $0 $0 $0
2020 $10,332 $0 $0 $0
2019 $10,365 $0 $0 $0
2018 $9,993 $0 $0 $0
2017 $9,576 $0 $0 $0
2016 $8,890 $0 $0 $0
2015 $8,347 $77,621 $34,268 $43,353
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tanner Milne

    The Menlo Group Commercial Real Estate

    Section Image

  • N

    Buyer Co-Listing Agent in 2023

    Non-MLS Agent

    Non-MLS Office

  • Casey Thompson

    Seller's Agent in 2021

    Casey Thompson

    RETSY

    (480) 381-4777

    33 Total Sales

    Casey Thompson
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6531368

Arizona Regional Multiple Listing Service (ARMLS)

APN: 311-29-033

Arizona Navajo County Pinetop 85935

1023 E White Mountain Blvd, Pinetop, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.