NOT LISTED FOR SALE

Estimated Value: $2,609,524

-- Bed
-- Bath
12,438 Sq Ft
$210/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $2,450,000 $197 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $14,520/month

182 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Natural Gas
  • 1-minute walk to Grand Canyon South Rim
  • Cooling System Mounted To A Wall/Window

About This Home

As of December 2023

OWNER MAY CARRY! The Historic Grand Canyon Hotel in the heart of Downtown Williams is For Sale! Built-in 1891 it holds the title of the oldest Hotel in AZ and is located at the gateway to the Grand Canyon. She boosts 26 hotel rooms. Each room is themed and individually decorated. 3 retail spaces with street fronts provide excellent annual incomes. This grand hotel is within walking distance of many fine restaurants and shops. Just down the road are Bearazona and the Grand Canyon Railway. Its location is perfect. A 2021 Phase I is on file. The Hotel enjoys a beer and wine license. Parking is free. 2005 remodel included a 600 amp electrical service, new sewer lines, pex plumbing, and electrical and room renovations. This seasonal hotel is generally open from April - October.

Last Agent to Sell the Property

Susan Weitzman

Linton Real Estate, LLC License #BR006602000 Listed on: 04/18/2023

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,534

Year Built

  • Built in 1891

Lot Details

  • Property is zoned HP

Home Design

  • 12,438 Sq Ft Home
  • Wood Frame Construction

Flooring

  • Wood
  • Carpet
  • Concrete
  • Vinyl

Utilities

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

Community Details

  • 2 Buildings
  • Under 5 Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20108014

Property Details

Property Type

Other

Est. Annual Taxes

$9,534

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: HP
  • Number Of Buildings: 2
  • Year Built: 1891
  • Tax Year: 2023
  • Subdivision Name: Under 5 Acres
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl, Wood, Concrete
  • Living Area: 12438.0

Exterior Features

  • Construction Type: Wood Frame, See Remarks
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood2: Yes

Utilities

  • Cooling: Window/Wall Unit
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Lot Info

  • Parcel #: 20108014

Tax Info

  • Tax Annual Amount: 9533.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Dec 7, 2023
Sold by
Amh Inc
Bought by
Hgch Llc
Seller's Agent
Susan Weitzman
Linton Real Estate, LLC
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$3,950,000
Sold Price
$2,450,000
Premium/Discount to List
-$1,500,000
-37.97%
Current Estimated Value
$2,609,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,524
Avg. Annual Appreciation
3.34%
Original Mortgage
$2,000,000
Outstanding Balance
$1,968,605
Interest Rate
7.79%
Mortgage Type
Seller Take Back
Estimated Equity
$640,919

Purchase Details

Listed on
Apr 18, 2023
Closed on
Oct 24, 2023
Sold by
Amh Inc
Bought by
Hgch Llc
Seller's Agent
Susan Weitzman
Linton Real Estate, LLC
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$3,950,000
Sold Price
$2,450,000
Premium/Discount to List
-$1,500,000
-37.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,968,605
Interest Rate
7.79%
Mortgage Type
Seller Take Back
Estimated Equity
$640,919

Purchase Details

Closed on
Oct 21, 2013
Sold by
Fredrickson Amy M and Fredrickson Oscar W
Bought by
Amh Inc

Purchase Details

Closed on
Sep 30, 2004
Sold by
Associates Growth Capital Inc
Bought by
Fredrickson Oscar W and Fredrickson Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.53%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Hgch Llc -- Pioneer Title
Hgch Llc $2,450,000 Pioneer Title
Amh Inc -- None Available
Fredrickson Oscar W $425,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hgch Llc $2,000,000
Closed Hgch Llc $2,000,000
Previous Owner Fredrickson Oscar W $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2023 12/07/23 Sold $2,450,000 -38.0% $197 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $3,950,000 -- $318 / 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 $9,523 $191,507 -- --
2024 $9,523 $181,890 -- --
2023 $9,534 $133,190 $0 $0
2022 $9,343 $128,535 $0 $0
2021 $9,275 $126,229 $0 $0
2020 $9,088 $101,617 $0 $0
2019 $8,833 $97,178 $0 $0
2018 $8,564 $94,938 $0 $0
2017 $8,393 $95,405 $0 $0
2016 $7,956 $92,748 $0 $0
2015 $7,877 $80,503 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 532860

Arizona Regional Multiple Listing Service (ARMLS)

APN: 201-08-014