NOT LISTED FOR SALE

302 S Beeline Hwy Payson, AZ 85541

Estimated Value: $2,451,830

-- Bed
-- Bath
-- Sq Ft
1.36 Acres

Last Sold March 31, 2022

Last sale price $2,300,000

Est. 7% increase in value since last sale

Current estimated payment $14,112/month

96 Days on Market

Highlights

  • Community Kitchen
  • Concrete Flooring
  • Heating Available
  • Cooling System Mounted To A Wall/Window
  • Partially Fenced Property

About This Home

As of March 2022

Come see this 24 room hotel, oasis in the heart of Payson. There's a house for owner/manager, all on Beeline Highway, main thoroughfare through town. Rooms were renovated and roof replaced 3 years ago. This amazing location is on 1.36 acres w/ huge upside. $30,000 to $40,000 monthly revenue. Their is a room to expand and increase the revenue.

Last Agent to Sell the Property

Clifford Potts

BHHS Advantage Realty - Payson License #BR012322000 Listed on: 10/21/2021

BHHS Advantage Realty - Payson

Last Buyer's Agent

Clifford Potts

BHHS Advantage Realty - Payson License #BR012322000 Listed on: 10/21/2021

BHHS Advantage Realty - Payson

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,509

Year Built

  • Built in 1982

Lot Details

  • 1.36 Acre Lot
  • Partially Fenced Property
  • Property is zoned C2

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • Private Parking
  • Paved Parking

Utilities

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

Listing and Financial Details

  • Tax Lot 17,18,P19
  • Assessor Parcel Number 304-03-022-D

Community Details

Overview

  • 5 Buildings
  • Mogollon Rim Add Amd Subdivision

Additional Features

  • Community Kitchen
  • Operating Expense $13,509

Property Details

Property Type

Other

Est. Annual Taxes

$13,509

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Bonita
  • Legal Info Range: 10E
  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Number Of Buildings: 5
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2020
  • Directions: North of Denny's.
  • Lot Size Acres: 1.36
  • Road Surface Type: Asphalt
  • Subdivision Name: Mogollon Rim Add Amd
  • Structure Type: Commercial
  • Tax Parcel Letter: D
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Partial
  • Disclosures: None
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, Private
  • Attached Garage: No
  • Parking Features Paved Parking: Yes
  • Parking Features Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Window/Wall Unit
  • Heating: Electric
  • Green Building Features: Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Lot Size Sq Ft: 59242.0
  • Parcel #: 304-03-022-D
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 13509.0

Tax Info

  • Tax Annual Amount: 13509.0
  • Tax Book Number: 304.00
  • Tax Lot: 17,18,P19
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Mar 30, 2022
Sold by
White Tiger Inc
Bought by
Payson Inn & Suites Llc
Seller's Agent
Clifford Potts
BHHS Advantage Realty - Payson
Buyer's Agent
Clifford Potts
BHHS Advantage Realty - Payson
List Price
$2,500,000
Sold Price
$2,300,000
Premium/Discount to List
-$200,000
-8%
Current Estimated Value
$2,451,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,830
Avg. Annual Appreciation
1.13%
Original Mortgage
$1,809,750
Outstanding Balance
$1,714,803
Interest Rate
3.92%
Mortgage Type
Seller Take Back
Estimated Equity
$677,505

Purchase Details

Closed on
Jan 18, 2007
Sold by
Gage Melissa
Bought by
Bank Of America Na
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
Bank Of America Na $103,494 Pioneer Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $2,300,000 -8.0% --
01/17/2022 01/17/22 Pending -- -- --
10/13/2021 10/13/21 For Sale $2,500,000 -- --
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 $13,358 -- -- --
2024 $13,358 $102,003 $18,723 $83,280
2023 $13,358 $123,771 $56,779 $66,992
2022 $13,936 $123,771 $56,779 $66,992
2021 $13,509 $123,771 $56,779 $66,992
2020 $12,980 $0 $0 $0
2019 $12,244 $0 $0 $0
2018 $11,323 $0 $0 $0
2017 $10,716 $0 $0 $0
2016 $10,524 $0 $0 $0
2015 $14,373 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Clifford Potts

    Seller's Agent in 2022

    Clifford Potts

    BHHS Advantage Realty - Payson

    (928) 978-2960

    72 Total Sales

    Clifford Potts
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6310572

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-03-022D

Arizona Gila County Payson 85541

302 S Beeline Hwy, Payson, AZ

This home is located at 302 S Beeline Hwy, Payson, AZ 85541 since 21 October 2021 and is currently estimated at $2,451,830. This property was built in 1982. 302 S Beeline Hwy is a home located in Gila County with nearby schools including Julia Randall Elementary School, Payson Elementary School, and Rim Country Middle School.

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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