NOT LISTED FOR SALE

421 W Hatcher Rd Phoenix, AZ 85021

North Central Neighborhood
-- Bed
-- Bath
3,601 Sq Ft
0.39 Acres

Last Sold November 16, 2022

Last sale price $83,308 $23 Per Sq Ft

79 Days on Market

Highlights

  • 0.39 Acre Lot
  • Cooling Available
  • Heating Available
  • Sunnyslope High School Rated A

About This Home

As of November 2022

This is a rare opportunity to lease a unique office space in Central Phoenix. Located in Sunnyslope, this office is near the sought-after North Central Phoenix and Midtown Submarkets. The space is minutes from John C. Lincoln Medical Center and is surrounded by terrific restaurants and retailers. Additionally, the site enjoys easy access to both the SR-51 and I-17. The current site configuration includes ample collaborative space and two private offices.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 08/29/2022

Co-Listed By

Reuben Nach

R.O.I. Properties License #SA687040000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1963

Lot Details

  • 0.39 Acre Lot
  • Property is zoned C-2

Home Design

  • 3,601 Sq Ft Home
  • Built-Up Roof
  • Block Exterior

Parking

  • Free Parking
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Foothill Acres Unit 2 Subdivision

Listing and Financial Details

  • Property Available on 9/1/22
  • Tax Lot 60
  • Assessor Parcel Number 159-51-005-A

Property Details

Property Type

Other

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Hatcher Rd and 7th Ave
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: C-2
  • Lease Info Annual Lease Price: 1.0
  • Lease Info Annual Lse Prc P S F: 1.0
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 1-10
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1000
  • Year Built: 1963
  • Tax Year: 2021
  • Directions: From I-17, head east on Dunlap Ave. Turn left on 7th St then right on Hatcher. Property is located on the SEC of Hatcher Rd and 5th Ave
  • Lot Size Acres: 0.39
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: FOOTHILL ACRES UNIT 2
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 3601.0

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free, Paved
  • Attached Garage: No
  • Parking Features Free2: Yes
  • Parking Features:Paved: Yes

Utilities

  • Electric: APS
  • Cooling: Office A/C
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Lot Info

  • Lot Size Sq Ft: 16781.0
  • Additional Parcels: No
  • Parcel #: 159-51-005-A

Rental Info

  • Available Date: 2022-09-01

Multi Family

  • Owner Pays: Other
  • Existing Lease Type: Other (See Remarks), Modified Terms
  • Leasable Area: 1000.0

Tax Info

  • Tax Annual Amount: 10974.0
  • Tax Book Number: 159.00
  • Tax Lot: 60
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2011
Sold by
Badyal Mohinder and Badyal Balwinder
Bought by
Hatcher Arbors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$251,520
Interest Rate
4.46%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 22, 2010
Sold by
Bianco Enterprises Llc
Bought by
Badyal Mohinder and Badyal Balwinder

Purchase Details

Closed on
Sep 1, 2006
Sold by
Gtc Properties Inc
Bought by
Bianco Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 12, 2006
Sold by
Lostracco Guy V and The Lostracco Family Of Phoeni
Bought by
Gtc Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.25%
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 Buyer Sale Price Title Company
Hatcher Arbors Llc -- Commonwealth Land Title Insu
Badyal Mohinder $70,000 Empire West Title Agency
Bianco Enterprises Llc -- Westland Title Agency Of Az
Gtc Properties Inc $175,000 Westland Title Agency Of Az
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatcher Arbors Llc $360,000
Closed Hatcher Arbors Llc $360,000
Previous Owner Gtc Properties Inc $250,000
Previous Owner Gtc Properties Inc $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $83,308 +5613.9% $23 / Sq Ft
10/31/2022 10/31/22 Price Changed $1,458 -7.9% $0 / Sq Ft
09/22/2022 09/22/22 Price Changed $1,583 +8231.6% $0 / Sq Ft
09/21/2022 09/21/22 Price Changed $19 +1800.0% $0 / Sq Ft
08/29/2022 08/29/22 For Sale $1 -- $0 / 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 $10,457 $82,906 -- --
2024 $10,578 $81,426 -- --
2023 $10,578 $114,308 $23,579 $90,729
2022 $10,534 $105,246 $19,583 $85,663
2021 $10,974 $106,614 $20,142 $86,472
2020 $10,700 $97,686 $20,448 $77,238
2019 $10,505 $86,364 $19,836 $66,528
2018 $10,230 $91,242 $19,386 $71,856
2017 $2,998 $22,014 $18,648 $3,366
2016 $2,943 $20,106 $17,334 $2,772
2015 $2,802 $17,335 $14,800 $2,535
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Beth Jo Zeitzer

    R.O.I. Properties

    Section Image
  • Reuben Nach

    Seller Co-Listing Agent in 2022

    Reuben Nach

    R.O.I. Properties

    (602) 319-1326

    12 in this area

    45 Total Sales

    Reuben Nach
    Section Image

  • N

    Buyer's Agent in 2022

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6456618

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-51-005A

Arizona Maricopa County Phoenix 85021 North Central

421 W Hatcher Rd, Phoenix, AZ

This home is located at 421 W Hatcher Rd, Phoenix, AZ 85021 since 29 August 2022. This property was built in 1963. 421 W Hatcher Rd is a home located in Maricopa County with nearby schools including Mountain View Elementary School, Sunnyslope High School, and Bennett Academy – Venture Site.

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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