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Navajo 85933
2287 Richenbacher Circle
Photo of 2287 Richenbacher Circle
Sold on Jul 10, 2026

46

Map

Photo of 2287 Richenbacher Circle
Photo of 2287 Richenbacher Circle
$610,000
● House - Off Market

2287 Richenbacher Circle

Overgaard, AZ 85933
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,900 Ft²
$3,431
Est. Monthly
$179
HOA / Fees

About This Property

Turn-key, thoughtfully reimagined and fully converted airplane hangar in the private Mogollon Airpark, this modern mountain retreat

offers rare runway access and exceptional versatility. The 34'+ x 43'+ hangar pairs with ~1,900 sq ft of finished luxury living space,

featuring soaring ceilings, 2 bedrooms, 2 bathrooms, a loft, bonus room, laundry, and a hidden secret closet. Enjoy the oversized

back deck and fully fenced yard, or open the hangar door to create a covered patio--ideal for relaxing in the spring rain. Perfect for

storing an airplane or ATVs, hosting a large gathering or cozying up alone by the wood-burning stove, this one-of-a-kind property

being offered furnished truly has something for everyone. Enquire for your private tour today!
Unit Size
1,900 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$336
Property Type
House
Property Taxes
$115
HOA Dues
$179
Year Built
2003

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 months ago (ARMLS #7010434)

Price History

Date / Event Date Event Price
Jul 10, 2026 Sold
Premium
Sold
Jun 23, 2026 In contract -
In contract
Jun 20, 2026 Price Decreased $639,000
↓ $26K (3.8%)
Price Decreased
May 27, 2026 Price Decreased $664,500
↓ $21K (3%)
Price Decreased
Apr 7, 2026 Listed by Homesmart Pros $685,000
Listed by Homesmart Pros
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 2,800
  • Gross Building Area: 2,800
  • Building Area: 2,800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 2,800
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 4
  • Property Class: R
  • Subdivision: MOGOLLON AIR PARK
  • Land Acres: 0000000490
  • Standard Land Use Code: 1000
  • County Land Use Code: 0193
  • Legal Description 1: MOGOLLON AIR PARK #3:LOT 99PER PLAT 16-50

Neighborhood

  • School District Name: Heber-Overgaard Unified District
  • Census Tract: 963700

Zoning

  • Zoning: SD

Geography

  • Parcel: 206-29-099
  • Lot: 99
  • Meridian: SEC 33 TWN 12N RNG 17E
  • Latitude: 34.3961
  • Longitude: -110.534

    Address

  • Full Address: 2287 Richenbacher Cir
  • Address - House Number: 2287
  • Address - Street Name: Richenbacher
  • Address - Suffix Type: Cir
  • State: AZ
  • City Name: Overgaard
  • Zip Code: 85933

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $132,028
  • Tax Rate Code Area: 0607

    Appraisal Valuation

  • Standard Deviation: 0.4989
  • Valuation Date: Dec 13, 2023
  • Final Value: 219,660
  • High Value: 329,257
  • Low Value: 110,062

    Market Valuation

  • Market Total Value: $167,919
  • Market Land Value: $52,075
  • Market Improvement Value: $115,844

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $16,792
  • Assessed Land Value: $5,208
  • Assessed Improvements Value: $11,584

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Aug 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-15459
  • Previous Sale Recording Date: Oct 06, 2005
  • Previous Sale Contract Date: Aug 24, 2005
  • Previous Sale Amount: $249,000
  • Previous Sale Document Type: 15
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Navajo

Stats & Trends

Median Asking:

$479,900

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

110

Average Home Size

2083 ft²

Average Home Age

26.2 years

Currently For Sale

318 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Anthony Marangon, Homesmart Pros
Last Updated: 3 months ago
Data Source: ARMLS, MLS# 7010434
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 2287 Richenbacher Circle built and last sold?
The property at 2287 Richenbacher Circle was built in 2003 and last sold on Aug 13, 2020 for $237,000.
How much is this home worth?
The estimated value of the home located at 2287 Richenbacher Circle is $667,121.
What are some comparable homes to 2287 Richenbacher Circle?
There are currently no comparable homes to 2287 Richenbacher Circle.
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