Ed Drummond
Capstone Realty Professionals
(480) 680-7809
94 Total Sales
3 in North Central
$395K - $1.1M Price Range
513 E Hatcher Rd Phoenix, AZ 85020
North Central Neighborhood
11
Beds
10
Baths
1,290
Sq Ft
1972
Built
Highlights
- Ceiling Fan
- Vinyl Flooring
- Heating Available
- Sunnyslope High School Rated A
About This Home
As of December 2023513 East Hatcher Road is of block construction and was originally built in 1958 with phase II being completed in 1972, the community features (9) 1-Bed / 1-Bath units along with (1) 2-bed / 1-bath unit. Of the (10) total units, (6) have been extensively renovated with the other (4) units providing the additional upside for the investor. All units feature a private patio and ample parking. The utilities on-site are master metered where an additional utility recapture can be implemented at the property. The renovated units feature shaker style cabinetry, kitchen backsplashes, quartz countertops, stainless steel appliance packages, vinyl-plank flooring, updated bathrooms, new plumbing, roof, ac units, windows and more.
Last Agent to Sell the Property
ABI Multifamily License #SA686764000 Listed on: 08/08/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,373
Year Built
- Built in 1972
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Vinyl Flooring
Parking
- 16 Open Parking Spaces
- 16 Parking Spaces
Utilities
- Cooling Available
- Heating Available
- Master Meter
Listing and Financial Details
- The owner pays for gas, electricity, trash collection, water, sewer, landscaping
- Legal Lot and Block 1 / 2
- Assessor Parcel Number 159-46-051
Community Details
Overview
- 3 Buildings
- 10 Units
- Building Dimensions are 138.71x150.74x138.70x150.31
- Globa Subdivision
Building Details
- Operating Expense $2,373
- Gross Income $156,028
- Net Operating Income $91,202
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
Listed on
Aug 8, 2023
Closed on
Dec 12, 2023
Sold by
111 Townley Llc
Bought by
Seller's Agent
Carson Griesemer
ABI Multifamily
Buyer's Agent
Carson Griesemer
ABI Multifamily
List Price
$1,500,000
Sold Price
$1,250,000
Premium/Discount to List
-$250,000
-16.67%
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Outstanding Balance
$757,093
Interest Rate
7.79%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 10, 2020
Closed on
Mar 11, 2021
Sold by
Atherton Apts Llc
Bought by
111 Townley Llc
Seller's Agent
Mark Messner
Superlative Realty
Buyer's Agent
Lynn Janson
LIV AZ REALTY
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$750,000
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Listed on
Apr 10, 2020
Closed on
Mar 10, 2021
Sold by
Atherton Alan B and Mossman Vicki M
Bought by
Atherton Apts Llc
Seller's Agent
Mark Messner
Superlative Realty
Buyer's Agent
Lynn Janson
LIV AZ REALTY
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 16, 2019
Sold by
Atherton Vernon James
Bought by
Atherton Apts Llc
Purchase Details
Closed on
May 17, 2013
Sold by
Mossman Vicki Marie
Bought by
Atherton Vernon James
Purchase Details
Closed on
Oct 25, 2012
Sold by
Atherton Alan Brian
Bought by
Atherton Vernon James
Purchase Details
Closed on
Apr 15, 1997
Sold by
Atherton Vernon J and Atherton Clara
Bought by
Atherton Vernon J and Atherton Clara
Home Values in the Area
Average Home Value in this Area
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Ed Drummond
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Sonia Silva
Sonia Silva
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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 |
|---|---|---|---|
| $1,250,000 | Commonwealth Land Title | ||
| 111 Townley Llc | $1,000,000 | Empire West Title Agency Llc | |
| Atherton Apts Llc | -- | Empire West Title Agency Llc | |
| Atherton Apts Llc | -- | None Available | |
| Atherton Vernon James | -- | None Available | |
| Atherton Vernon James | -- | None Available | |
| Atherton Vernon J | -- | -- |
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 |
|---|---|---|---|
| Open | $775,000 | ||
| Previous Owner | 111 Townley Llc | $741,819 | |
| Previous Owner | 111 Townley Llc | $750,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 12/12/2023 12/12/23 | Sold | $1,250,000 | -16.7% | $969 / Sq Ft | |
| 08/08/2023 08/08/23 | For Sale | $1,500,000 | +50.0% | $1,163 / Sq Ft | |
| 03/15/2021 03/15/21 | Sold | $1,000,000 | -9.1% | $775 / Sq Ft | View Prior Sale |
| 03/02/2021 03/02/21 | For Sale | $1,100,000 | 0.0% | $853 / Sq Ft | |
| 01/05/2021 01/05/21 | Pending | -- | -- | -- | |
| 04/09/2020 04/09/20 | For Sale | $1,100,000 | -- | $853 / 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 | $2,664 | $20,960 | ||
| 2024 | $2,517 | $19,962 | ||
| 2023 | $2,517 | $88,200 | $17,640 | $70,560 |
| 2022 | $2,373 | $61,330 | $12,260 | $49,070 |
| 2021 | $2,409 | $51,530 | $10,300 | $41,230 |
| 2020 | $2,348 | $44,850 | $8,970 | $35,880 |
| 2019 | $2,305 | $38,520 | $7,700 | $30,820 |
| 2018 | $2,244 | $31,850 | $6,370 | $25,480 |
| 2017 | $2,233 | $24,330 | $4,860 | $19,470 |
| 2016 | $2,193 | $23,300 | $4,660 | $18,640 |
| 2015 | $2,031 | $20,050 | $4,010 | $16,040 |
Source: Public Records
Agents Affiliated with this Home
-
Carson Griesemer
Seller's Agent in 2023
Carson Griesemer
ABI Multifamily
(602) 714-1400
1 in this area
19 Total Sales
-
Dallin Hammond
Seller Co-Listing Agent in 2023
Dallin Hammond
ABI Multifamily
(602) 714-1400
1 in this area
34 Total Sales
-
Mark Messner
Seller's Agent in 2021
Mark Messner
Superlative Realty
(480) 745-0084
29 Total Sales
-
Lynn Janson
Buyer's Agent in 2021
Lynn Janson
LIV AZ REALTY
(602) 300-0797
2 in this area
6 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6589716
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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