NOT LISTED FOR SALE

1075 E White Mountain Blvd Pinetop, AZ 85935

Estimated Value: $266,000

-- Bed
-- Bath
9,222 Sq Ft
$29/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $1,975,000 $214 Per Sq Ft

Current estimated payment $1,487/month

55 Days on Market

Highlights

  • Wood Flooring
  • Community Kitchen
  • Wood Fence

About This Home

As of December 2022

Golden opportunity to own a highly successful lodge in one of the most pristine getaway locations that Arizona has to offer. Just minutes from exquisite lakes for summer recreation and world-class snow sporting options in the Winter, the Double B Lodge is situated on 3.46 Acres directly off the main drag. At the back of the property lies a serene meadow where Geese and Mule Deer can be observed. Guests have the luxury of getting cozy by their fireplace after an adventure-filled day of exploring the surrounding wilderness and everything else that makes this bustling little mountain town extraordinary. Equipped with 16 nightly/multi-night resort cabins & cabin-like rental units as well as a 2,300 sq. ft. home, this property has everything you need with potential for additional growth!

Last Agent to Sell the Property

Casey Thompson

Walt Danley Realty, LLC License #SA657210000 Listed on: 11/05/2022

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $16,693

Year Built

  • Built in 1950

Lot Details

  • 3.4 Acre Lot
  • Wood Fence
  • Chain Link Fence

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 9,222 Sq Ft Home
  • Wood Flooring

Parking

  • 25 Open Parking Spaces
  • 26 Parking Spaces
  • 1 Covered Space

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot C-20
  • Assessor Parcel Number 311-29-034

Community Details

Building Details

  • Operating Expense $36,853
  • Gross Income $360,000
  • Net Operating Income $200,000

Additional Features

  • 6 Buildings
  • Community Kitchen

Property Details

Property Type

Other

Est. Annual Taxes

$16,693

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C
  • Current Use: Mixed Use
  • Number Of Buildings: 6
  • Year Built: 1950
  • Tax Year: 2020
  • Lot Size Acres: 3.4
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood

Exterior Features

  • Fencing: Chain Link, Wood
  • Construction Type: Frame - Wood
  • Roof: Composition, Metal
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 25.0
  • Total Parking Spaces: 26.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 25.0
  • General Property Description:Total Parking Spcs: 26.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: City Electric
  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Green Building Features: Kitchen
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Fee Information

  • Annual Fuel Expense: 4139.0
  • Trash Expense: 3476.0
  • Annual Water Sewer Expense: 3790.0

Lot Info

  • Lot Size Sq Ft: 148104.0
  • Additional Parcels: No
  • Parcel #: 311-29-034
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 8755.0
  • Annual Gross Income: 360000.0
  • Property Net Operating Income: 200000.0
  • Annual Operating Expense: 36853.0

Tax Info

  • Tax Annual Amount: 16693.0
  • Tax Book Number: 311.00
  • Tax Lot: C-20
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
Nexus Arizona Llc and Nexus Arizona Inc
Bought by
Demasi James
Current Estimated Value
$266,000

Purchase Details

Closed on
May 30, 2024
Sold by
Demasi James
Bought by
Fv Apts Llc

Purchase Details

Closed on
May 28, 2024
Sold by
Nexus Arizona Llc and Nexus Arizona Inc
Bought by
Demasi James

Purchase Details

Listed on
Nov 5, 2022
Closed on
Jan 17, 2023
Sold by
Phillips Cory Clu
Bought by
Nexus Arizona Llc
Seller's Agent
Casey Thompson
Walt Danley Realty, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,975,000
Sold Price
$1,975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-48.51%

Purchase Details

Closed on
Apr 17, 2019
Sold by
Nichols David W and Nichols Susanne L
Bought by
Phillips Cory Clu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Demasi James -- Equitable Title
Fv Apts Llc $1,249,999 Equitable Title
Demasi James -- Equitable Title
Nexus Arizona Llc $1,975,000 Phoenix Elite Title & Escrow A
Phillips Cory Clu $725,000 Lawyers Title Snowflake
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Cory Clu $145,000
Closed Demasi James $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2022 12/29/22 Sold $1,975,000 0.0% $214 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $1,975,000 -- $214 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2026 $1,174 -- -- --
2025 $1,915 $21,474 $21,474 $0
2024 $1,882 $21,474 $21,474 $0
2023 $1,915 $17,895 $17,895 $0
2022 $1,882 $0 $0 $0
2021 $6,107 $0 $0 $0
2020 $5,953 $0 $0 $0
2019 $5,973 $0 $0 $0
2018 $5,758 $0 $0 $0
2017 $5,519 $0 $0 $0
2016 $4,874 $0 $0 $0
2015 $4,727 $22,047 $11,495 $10,552
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Casey Thompson

    Walt Danley Realty, LLC

  • N

    Buyer's Agent in 2022

    Non-MLS Agent

    Non-MLS Office

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6486110

Arizona Regional Multiple Listing Service (ARMLS)

APN: 311-29-034

Arizona Navajo County Pinetop 85935

1075 E White Mountain Blvd, Pinetop, AZ

Not Listed for Sale

Other

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

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