Accepting backups

Price cut: $25K (6/25)

$649,900

320 E Hatcher Road, Phoenix, AZ 85020

26beds

30baths

--sqft

$3,913/mo

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Multi Family

Built in 2026

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Seller carry is available. Shovel ready, fully approved project awaiting a developer to pull permits. Plan set conveys with sale. This 2 story, 20 unit multi-family project is zoned as R-5 High Density Multi-Family located within the Hatcher District Overlay that allows restaurants, office, and retail within new developments. There are 10 garages, 20 additional surface parking spaces, 4 three bed/two bath, 6 two bed/two bath, 2 one bed/one bath, and 8 studios. The development consists of 16,396 square feet.

87 days

83

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 26
Bathrooms: 30

Heating

See Remarks

Cooling

See Remarks

Appliances

Included: See Remarks

Features

Flooring: Vinyl

Property

Parking

Total spaces: 31
Parking features: See Remarks
Covered spaces: 10
Uncovered spaces: 21

Lot

Size: 0.88 Acres
Dimensions: 218 x 175

Details

Parcel number: 15945141
Zoning: R5

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Stucco
Roof: Foam

Condition

To Be Built
New construction: No
Year built: 2026

Utilities & green energy

Electric: Other (See Remarks)
Sewer: See Remarks
Water: See Remarks

Community & HOA

Community

Features: Barbecue, No Pool
Security: Security Lights

Location

Region: Phoenix

Financial & listing details

Tax assessed value: $84,400
Annual tax amount: $2,498
Date on market: 5/3/2026
Cumulative days on market: 88 days
Listing terms: Owner May Carry,Conventional,1031 Exchange,Wraparound
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/25/2026	Price change	$649,900-3.7%
Source: ARMLS #7040399 Report a problem
6/17/2026	Price change	$674,900-2.9%
Source: ARMLS #7040399 Report a problem
6/11/2026	Listed for sale	$694,900
Source: ARMLS #7040399 Report a problem
6/2/2026	Listing removed	$694,900
Source: ARMLS #7018158 Report a problem
5/22/2026	Price change	$694,9000%
Source: ARMLS #7018158 Report a problem
4/23/2026	Listed for sale	$695,000+717.6%
Source: ARMLS #7018158 Report a problem
8/2/1996	Sold	$85,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$615 +3.9%	$12,660
2024	$592 +1.8%	$12,660 +184.3%
2023	$581 +2%	$4,453 -30.6%
2022	$570 +1.3%	$6,420
2021	$563 +1.9%	$6,420 +14.1%
2020	$553 +2.7%	$5,625 +11.3%
2019	$538	$5,055 +13.9%
2018	$538 +0.5%	$4,440 +17.5%
2017	$536 -13.3%	$3,780 +19.4%
2016	$618 +1.6%	$3,165 -17.2%
2015	$608	$3,824 -6.3%
2006	--	$4,080 +59.4%
2005	--	$2,560
2004	--	$2,560 -13.5%
2003	--	$2,960
2002	--	$2,960

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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