NOT LISTED FOR SALE

611 S Beeline Hwy Payson, AZ 85541

Estimated Value: $719,168

-- Bed
-- Bath
1,801 Sq Ft
$399/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $510,000 $283 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,239/month

40 Days on Market

Highlights

  • Wood Flooring
  • Display Windows
  • Heating System Uses Natural Gas
  • Community Kitchen
  • Central Air

About This Home

As of January 2021

Commercial office space with prime Beeline frontage location and 25 parking spots! This recently renovated office building is on a prime, high profile location with grandfathered marque signage. If you want high exposure and easy access for clients/customers, you want an east-side, south Beeline location. This building is constructed as an ideal high profile, professional office building but also could be a retail space or even restaurant! Handicapped accessible bath, large retail/reception area, 7 private offices, copy/work room, security closet/storage, additional employee bathroom and kitchen/break area. This is one of the highest visibility locations in Payson with lots of parking, easy access with two entrances from the Beeline Highway. Signage is situated for maximum visibility.

Last Agent to Sell the Property

Wendy Larchick

Keller Williams Arizona Realty License #BR538058000 Listed on: 10/31/2020

Keller Williams Arizona Realty

Last Buyer's Agent

Wendy Larchick

Keller Williams Arizona Realty License #BR538058000 Listed on: 10/31/2020

Keller Williams Arizona Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,670

Year Built

  • Built in 1994

Lot Details

  • 0.42 Acre Lot
  • Property is zoned C-2

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,801 Sq Ft Home
  • Display Windows

Flooring

  • Wood
  • Carpet

Parking

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 304-03-045

Community Details

Overview

  • Building Dimensions are Irregular
  • Mogollon Rim Add Amd Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Building Details

  • Operating Expense $5,670

Property Details

Property Type

Other

Est. Annual Taxes

$5,670

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Cross Street: Beeline Hwy and Forest
  • Legal Info Range: 10E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1994
  • Tax Year: 2020
  • Directions: State Route 87, 611 S. Beeline Hwy., Payson, AZ
  • Lot Size Acres: 0.42
  • Road Surface Type: Asphalt
  • Subdivision Name: MOGOLLON RIM ADD AMD
  • Structure Type: Commercial, Office
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Wood
  • Living Area: 1801.0

Exterior Features

  • Fencing: None
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Frame - Wood, Stucco
  • Roof: Composition
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking
  • 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:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: 3 Phase Power, APS
  • Cooling: Other, See Remarks, Central A/C
  • Heating: Heat Pump, Natural Gas
  • Green Building Features: Conference Room, Reception Room, Kitchen, Display Window(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Main Cooling Other: Yes
  • 3 Phase Power: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Display Window(s): Yes

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 18292.0
  • Parcel #: 304-03-045
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 5670.0

Tax Info

  • Tax Annual Amount: 5670.0
  • Tax Book Number: 304.00
  • Tax Lot: 56
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2020
Closed on
Jan 6, 2021
Sold by
611 Beeline Llc
Bought by
Gilliland R Kelley R and Gilliland Kim S
Seller's Agent
Wendy Larchick
Keller Williams Arizona Realty
Buyer's Agent
Wendy Larchick
Keller Williams Arizona Realty
List Price
$595,000
Sold Price
$510,000
Premium/Discount to List
-$85,000
-14.29%
Total Days on Market
40
Current Estimated Value
$719,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,168
Avg. Annual Appreciation
8.12%

Purchase Details

Listed on
Dec 4, 2016
Closed on
Apr 20, 2017
Sold by
Jpg Investments Llc
Bought by
611 Beeline Llc
Seller's Agent
Clifford Potts
BHHS Advantage Realty - Payson
Buyer's Agent
Wendy Larchick
Keller Williams Arizona Realty
List Price
$489,000
Sold Price
$455,000
Premium/Discount to List
-$34,000
-6.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$341,250
Interest Rate
4.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2012
Sold by
Beeline Building Management Llc
Bought by
Jpg Investments Llc

Purchase Details

Closed on
Jul 29, 2005
Sold by
Risser Christian F and Risser Sharon M
Bought by
Beeline Building Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
5.46%
Mortgage Type
Commercial
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
Gilliland R Kelley R $510,000 Pioneer Title Agency Inc
611 Beeline Llc $455,000 Pioneer Title Agency
Jpg Investments Llc $250,000 Pioneer Title Agency
Beeline Building Management Llc $470,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sopeland Jacob D $585,000
Previous Owner 611 Beeline Llc $341,250
Previous Owner Beeline Building Management Llc $408,000
Previous Owner Beeline Building Management Llc $423,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $510,000 -2.9% $283 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
11/20/2020 11/20/20 Price Changed $525,000 -8.7% $292 / Sq Ft
11/10/2020 11/10/20 Price Changed $575,000 -3.4% $319 / Sq Ft
10/31/2020 10/31/20 For Sale $595,000 +30.8% $330 / Sq Ft
04/24/2017 04/24/17 Sold $455,000 -7.0% $253 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
11/11/2016 11/11/16 For Sale $489,000 -- $272 / 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 $5,058 -- -- --
2024 $5,058 $33,424 $9,794 $23,630
2023 $5,058 $42,556 $21,961 $20,595
2022 $6,111 $49,697 $21,961 $27,736
2021 $5,901 $41,414 $18,301 $23,113
2020 $5,670 $0 $0 $0
2019 $5,504 $0 $0 $0
2018 $5,179 $0 $0 $0
2017 $5,210 $0 $0 $0
2016 $5,344 $0 $0 $0
2015 $5,410 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6154489

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-03-045