NOT LISTED FOR SALE

128 E Route 66 Williams, AZ 86046

Estimated Value: $1,053,435

-- Bed
-- Bath
6,100 Sq Ft
$173/Sq Ft Est. Value

Last Sold February 13, 2015

Last sale price $500,000 $82 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $6,394/month

304 Days on Market

About This Home

As of February 2015

Rare opportunity to own the historic Route 66 Inn in Williams, AZ. This 18 room hotel is ready to open for business this spring when the tourism business begins to boom. Just 55 miles from the Grand Canyon National Park there are over 40 million travelers that pass through Williams each year. Williams boasts a new Love's Truck Stop that will open in the spring of 2014 and several new growth opportunities that will continue to fuel the growth of this historic Route 66 town. Williams also is the home of Elephant Rock Golf Course, voted the best golf course on Route 66. Call today for details and to see the Route 66 Inn, in the heart of downtown Route 66. Call lister for detailed directions.

Last Agent to Sell the Property

Pete Baldwin

Platinum Realty Network License #BR537748000 Listed on: 04/12/2014

Last Buyer's Agent

Pete Baldwin

Platinum Realty Network License #BR537748000 Listed on: 04/12/2014

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,354

Year Built

  • Built in 1962

Lot Details

  • Property is zoned Comm

Home Design

  • 6,100 Sq Ft Home
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System

Community Details

  • 2 Buildings

Listing and Financial Details

  • Tax Lot 07
  • Assessor Parcel Number 201-09-009

Property Details

Property Type

Other

Est. Annual Taxes

$7,354

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: Williams, AZ.
  • Property Type: Comm/Industry Sale
  • Zoning: Comm
  • Current Use: Service Business
  • Number Of Buildings: 2
  • Year Built: 1962
  • Tax Year: 2013
  • Directions: Exit 163 on Interstate 40. Head east on Route 66 to The Route 66 Inn on the South side of Route 66. Call Lister for more instructions.
  • Road Surface Type: Asphalt
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Free: Yes

Utilities

  • Electric: APS
  • Cooling: Wall/Window Unit(s)
  • Heating: Radiant
  • Water Source: City Franchise
  • Heating:Radiant: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 201-09-009

Tax Info

  • Tax Annual Amount: 7354.0
  • Tax Book Number: 201.00
  • Tax Lot: 07
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2014
Closed on
Feb 10, 2015
Sold by
Dewan Enterrises Inc
Bought by
Decent Investments Llc
Seller's Agent
Pete Baldwin
Platinum Realty Network
Buyer's Agent
Pete Baldwin
Platinum Realty Network
List Price
$699,000
Sold Price
$500,000
Premium/Discount to List
-$199,000
-28.47%
Current Estimated Value
$1,053,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,435
Avg. Annual Appreciation
7.23%
Original Mortgage
$375,000
Outstanding Balance
$287,645
Interest Rate
3.8%
Mortgage Type
Seller Take Back
Estimated Equity
$765,790

Purchase Details

Closed on
Nov 27, 2012
Sold by
Dewan Enterprises Inc
Bought by
Johann Elton Lawrence and Storcheva Olena Anatoliyivna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
3.33%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 10, 2005
Sold by
Gayatri Inc
Bought by
Dewan Enterprises Inc

Purchase Details

Closed on
Jun 28, 1995
Sold by
Patel Jyotsana M
Bought by
Gayatri Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
7.9%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Decent Investments Llc $500,000 Lawyers Title Of Arizona Inc
Johann Elton Lawrence $675,000 Pioneer Title Agency Inc
Dewan Enterprises Inc $605,000 First American Title Ins Co
Gayatri Inc $575,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Decent Investments Llc $375,000
Previous Owner Johann Elton Lawrence $640,000
Previous Owner Gayatri Inc $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2015 02/13/15 Sold $500,000 -28.5% $82 / Sq Ft
02/10/2015 02/10/15 Pending -- -- --
04/12/2014 04/12/14 For Sale $699,000 -- $115 / 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
2025 $9,712 $222,663 -- --
2024 $9,712 $191,097 -- --
2023 $9,516 $158,142 $0 $0
2022 $9,516 $154,192 $0 $0
2021 $9,444 $150,890 $0 $0
2020 $9,251 $134,847 $0 $0
2019 $8,977 $129,579 $0 $0
2018 $8,687 $122,532 $0 $0
2017 $8,511 $106,074 $0 $0
2016 $8,054 $91,913 $0 $0
2015 $7,974 $83,238 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5100019

Arizona Regional Multiple Listing Service (ARMLS)

APN: 201-09-009A