$455,000
SOLD APR 24, 2017

611 S Beeline Hwy Payson, AZ 85541

-- Bed
-- Bath
1,801 Sq Ft
0.42 Acres

Recently Sold

$253 Per Sq Ft

7% Below List Price

161 Days on Market

About This Home

As of January 2021

Recently renovated, high profile commercial building on a prime, high profile, level parcel of choice Beeline Frontage. Building is constructed as an ideal high profile, professional services, office building. Property does have three phase electric pulled to the panel. Handicapped accessible bath, large retail/reception area, private offices, shop room with extra electric circuits. This is one of the highest visibility location 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

Clifford Potts

BHHS Advantage Realty - Payson License #BR012322000 Listed on: 12/04/2016

BHHS Advantage Realty - Payson

Last Buyer's Agent

Wendy Larchick

Keller Williams Arizona Realty License #BR538058000

Keller Williams Arizona Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,344

Year Built

  • Built in 1974

Lot Details

  • 0.42 Acre Lot
  • Property is zoned C-2

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,801 Sq Ft Home
  • Wood Flooring

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Mogollon Rim Add Amd Subdivision
  • Operating Expense $5,344

Listing and Financial Details

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

Property Details

Property Type

Other

Est. Annual Taxes

$5,344

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Legal Info Range: 56
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Current Use: Service Business, Office
  • Number Of Buildings: 1
  • Year Built: 1974
  • Tax Year: 2016
  • Directions: State Route 87, 611 S Beeline Hwy., Payson, AZ.
  • Lot Size Acres: 0.42
  • Subdivision Name: MOGOLLON RIM ADD AMD
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: 3 Phase Power, APS
  • Cooling: Heat Pump, Central A/C, Other, See Remarks
  • Heating: Heat Pump
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 18292.0
  • Additional Parcels: No
  • Parcel #: 304-03-045
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 5343.74

Tax Info

  • Tax Annual Amount: 5343.74
  • 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%
Current Estimated Value
$725,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,323
Avg. Annual Appreciation
8.22%

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
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 Type Sale Price Title Company
Special Warranty Deed $510,000 Pioneer Title Agency Inc
Special Warranty Deed $455,000 Pioneer Title Agency
Trustee Deed $250,000 Pioneer Title Agency
Warranty Deed $470,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $585,000 Commercial
Previous Owner $341,250 Commercial
Previous Owner $408,000 Commercial
Previous Owner $423,000 Commercial
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: 5532375

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-03-045