Seller's Agent in 2016
John Klocek
ABI Multifamily
(602) 639-0088
19 Total Sales
510 E Hatcher Rd Phoenix, AZ 85020
North Central Neighborhood
36
Beds
--
Bath
1,197
Sq Ft
1985
Built
Highlights
- Cooling Available
- Community Barbecue Grill
- Individual Controls for Heating
- Sunnyslope High School Rated A
About This Home
As of July 2016Palmilla Apartments is a 24-unit apartment community located in
Phoenix, Arizona. Situated just north of the popular North Central
Corridor and roughly three miles from both the I-17 and the
SR-51 Freeways, residents enjoy direct access to all areas of the
Phoenix Metropolitan area for employment and work
opportunities. In addition, the newest segment of the Phoenix
Light Rail is minutes away with the nearest station approximately
two miles from the property. It is also walking distance to Fry's
grocery store and the award winning John C. Lincoln Hospital
and Medical Center. The North Central Corridor has become one
of the most highly desirable areas to live in the Phoenix
Metroplex. Palmilla is two blocks off 7th Street and just three
miles north of the famed Restaurant Row ar experiencing huge amounts of growth. These aspects, with
significant further growth on the horizon, make Palmilla ripe as a
value-add opportunity and a very desirable area and community
for its residents.
Last Agent to Sell the Property
ABI Multifamily License #SA657592000 Listed on: 05/06/2016
Last Buyer's Agent
Sam Ricketts
Premier Resort Holdings AZ License #BR544937000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,242
Year Built
- Built in 1985
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 29 Open Parking Spaces
- 29 Parking Spaces
Utilities
- Cooling Available
- Individual Controls for Heating
- Separate Meters
- Master Water Meter
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Assessor Parcel Number 159-45-111
Community Details
Overview
- 24 Units
- Building Dimensions are 0
Amenities
- Community Barbecue Grill
Building Details
- Gross Income $143,674
- Net Operating Income $81,268
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 27, 2024
Sold by
Bought by
Purchase Details
Closed on
Jan 26, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,325,000
Interest Rate
0.0322%
Mortgage Type
Construction
Purchase Details
Listed on
May 6, 2016
Closed on
Jun 29, 2016
Sold by
Bought by
Seller's Agent
John Klocek
ABI Multifamily
Buyer's Agent
Sam Ricketts
Premier Resort Holdings AZ
List Price
$1,125,000
Sold Price
$1,037,500
Premium/Discount to List
-$87,500
-7.78%
Purchase Details
Closed on
Mar 5, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
0.0361%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 10, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
0.0335%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 13, 2011
Sold by
Bought by
Purchase Details
Closed on
Dec 7, 2010
Sold by
Bought by
Purchase Details
Closed on
Oct 5, 2010
Sold by
Bought by
Purchase Details
Closed on
May 11, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
0.0602%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 29, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
0.0622%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 13, 2001
Sold by
Bought by
Purchase Details
Closed on
Jul 10, 2001
Sold by
Bought by
Purchase Details
Closed on
Sep 5, 1997
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,400,000 | Commonwealth Land Title | ||
| $3,525,000 | Chicago Title | ||
| $1,037,500 | Chicago Title Agency Inc | ||
| $790,000 | Chicago Title Agency Inc | ||
| -- | Accommodation | ||
| $670,000 | Chicago Title Agency Inc | ||
| $350,000 | Chicago Title | ||
| -- | None Available | ||
| $400,000 | Fidelity National Title | ||
| $978,000 | Capital Title Agency Inc | ||
| $862,500 | Capital Title Agency Inc | ||
| -- | Grand Canyon Title Agency | ||
| -- | Grand Canyon Title Agency | ||
| -- | Grand Canyon Title Agency | ||
| $708,000 | Grand Canyon Title Agency In | ||
| $708,000 | Grand Canyon Title Agency In | ||
| $708,000 | Grand Canyon Title Agency In | ||
| $470,000 | Nations Title Insurance |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $3,325,000 | ||
| Previous Owner | $632,000 | ||
| Previous Owner | $532,000 | ||
| Previous Owner | $740,000 | ||
| Previous Owner | $500,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2016 07/01/16 | Sold | $1,037,500 | -7.8% | $867 / Sq Ft |
| 05/05/2016 05/05/16 | For Sale | $1,125,000 | -- | $940 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,995 | $62,910 | ||
| 2024 | $7,554 | $59,915 | ||
| 2023 | $7,554 | $253,970 | $50,790 | $203,180 |
| 2022 | $7,308 | $189,960 | $37,990 | $151,970 |
| 2021 | $7,402 | $155,660 | $31,130 | $124,530 |
| 2020 | $7,217 | $129,680 | $25,930 | $103,750 |
| 2019 | $7,086 | $113,080 | $22,610 | $90,470 |
| 2018 | $6,900 | $88,250 | $17,650 | $70,600 |
| 2017 | $6,865 | $84,450 | $16,890 | $67,560 |
| 2016 | $6,740 | $77,170 | $15,430 | $61,740 |
| 2015 | $6,242 | $63,270 | $12,650 | $50,620 |
Source: Public Records
Agents Affiliated with this Home
-
John Klocek
-
Patrick Burch
Seller Co-Listing Agent in 2016
Patrick Burch
ABI Multifamily
(520) 603-1768
29 Total Sales
-
S
Buyer's Agent in 2016
Sam Ricketts
Premier Resort Holdings AZ
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5438657
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.
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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