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1501 Norwood Drive

1501 Norwood Drive, Hurst, TX 76054
Commercial in Northeast Tarrant
1501 Norwood Drive has been categorized by the local assessors in Hurst, TX as a commercial type of property. The building on the property was first built in 1979 and is 45 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1501 Norwood Drive has 22,994 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 86,984 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1501 Norwood Drive was last sold in Jun 25, 2015 for $331,300. According to our calculations, that's $14.41 per sqft. Prior to that sales transaction, the property was sold for $1,262,500 in Mar 27, 2007. Current property owners are expected to pay $20,875 in taxes per year. The property on 1501 Norwood Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,041,969. To break that down further, the land itself was valued at $1,040,969. While improvements to the property were assessed at a total of $1,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Concrete Exterior

Parking

Open Parking
This property description is generated based on publicly available data.

17 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230609
06/09/2023
Loft
-
-
$1,300,000
bedrooms
Loft
bathrooms
-
-
-
-
Tina Wong
United Real Estate
20230302 Unit SUITE152B
03/02/2023
Loft
-
-
$1,850
bedrooms
Loft
bathrooms
-
-
-
-
Tina Wong
United Real Estate
20230304 Unit 152A
03/04/2023
Loft
-
-
$1,000
bedrooms
Loft
bathrooms
-
-
-
-
Tina Wong
United Real Estate
20220904 Unit 152B
09/04/2022
Loft
-
22000 ft²
$2,100
bedrooms
Loft
bathrooms
-
square feet
22000 ft²
-
-
-
Tina Wong
United Real Estate
20220904 Unit 125135
09/04/2022
Loft
-
22000 ft²
$600
bedrooms
Loft
bathrooms
-
square feet
22000 ft²
-
-
-
Tina Wong
United Real Estate
20220904 Unit 152A
09/04/2022
Loft
-
22000 ft²
$1,000
bedrooms
Loft
bathrooms
-
square feet
22000 ft²
-
-
-
Tina Wong
United Real Estate
20220622
06/22/2022
Loft
-
22000 ft²
$1,450,000
bedrooms
Loft
bathrooms
-
square feet
22000 ft²
-
-
-
Tina Wong
United Real Estate
20220303 Unit 153A
03/03/2022
Loft
-
22000 ft²
$1,300
bedrooms
Loft
bathrooms
-
square feet
22000 ft²
-
-
-
Tina Wong
United Real Estate
20220303 Unit 153B
03/03/2022
Loft
-
22000 ft²
$2,500
bedrooms
Loft
bathrooms
-
square feet
22000 ft²
-
-
-
Tina Wong
United Real Estate
20201015 Unit 153
10/15/2020
153
Loft
-
-
$2,500
bedrooms
Loft
bathrooms
-
-
-
-
-
20201015 Unit 152A
10/15/2020
Loft
-
-
$1,000
bedrooms
Loft
bathrooms
-
-
-
-
-
20200906
09/06/2020
Loft
-
-
$985,000
bedrooms
Loft
bathrooms
-
-
-
-
-
20190901 Unit 1
09/01/2019
1
Studio
-
-
$1,500
bedrooms
Studio
bathrooms
-
-
-
-
-
20190104 Unit 101
01/04/2019
101
Studio
-
-
$1,300
bedrooms
Studio
bathrooms
-
-
-
-
-
20190327 Unit 100
03/27/2019
100
Studio
-
-
$700
bedrooms
Studio
bathrooms
-
-
-
-
-
20190322 Unit 125
03/22/2019
125
Studio
-
-
$600
bedrooms
Studio
bathrooms
-
-
-
-
-
20180919
09/19/2018
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 1
  • Business/Commerical Units Count: 20
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 86,984
  • Total Building Area: 22,994
  • Gross Building Area: 22,994
  • Building Area: 22,994
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 22,994
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: MAYFAIR ADDITION-HURST
  • Land Acres: 1.997
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: MAYFAIR ADDITION-HURST BLOCK 45 LOT AR1

Ownership

  • Current Owner : ADVANCED W & H LLC
  • Previous Owner : 1501 NORWOOD LLC
  • Owner Before Previous Owner: PATTON ROBERT L
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School Tax School District: HRST-EULSS-BDFD
  • Census Tract: 113613

Geography

  • Assessors Map Reference: 53-F
  • Account Number: 01664441
  • District: 028
  • Parcel: 01664441
  • Block: 45
  • Lot: AR1
  • Municipality: HURST
  • Latitude: 32.841
  • Longitude: -97.1681

    Address

  • Full Address: 1501 Norwood Dr
  • Address - House Number: 1501
  • Address - Street Name: Norwood
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Hurst
  • Carrier Code: C012
  • 4-Digit Zip Code: 3638
  • Zip Code: 76054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,875
  • Tax Rate Code Area: 916

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $265,000
  • First Open Lien Mortgage Lender: BANCORP SOUTH BANK
  • First Open Lien Mortgage Recording Date: Jun 26, 2015
  • First Open Lien Mortgage Loan Amount: $265,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $1,041,969
  • Market Land Value: $1,040,969
  • Market Improvement Value: $1,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,041,969
  • Assessed Land Value: $1,040,969
  • Assessed Improvements Value: $1,000

    Sales

  • Current Sale Contract Date: Jun 25, 2015
  • Current Sale Recording Date: Jun 26, 2015
  • Current Sale Transaction ID: 1229782035
  • Current Sale Price: $331,300
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: D215138103
  • Previous Sale Recording Date: Mar 30, 2007
  • Previous Sale Contract Date: Mar 27, 2007
  • Previous Sale Amount: $1,262,500
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: BANCORP SOUTH BANK
  • First Mortgage Transaction Date: Jun 26, 2015
  • First Mortgage Loan Amount: $265,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: CITIZENS NATIONAL BANK
  • Previous Mortgage Transaction Date: Mar 30, 2007
  • Previous Mortgage Loan Amount: $1,010,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Hurst



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Nearby Rentals

Unit for rent at 2701 Brown Trail, Bedford, TX, 76021

$7,560 /mo

  • Studio
  • 104,737 ft²
2701 Brown Trail, Bedford, TX, 76021 Listing by Trenton Price
Unit for rent at 8736 Madrid Street, North Richland Hills, TX, 76180

$2,975 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,224 ft²
8736 Madrid Street, North Richland Hills, TX, 76180 Listing by Paul Reitz
Unit for rent at 206 W Bedford Euless Road, Hurst, TX, 76053

$3,900 /mo

  • Studio
  • 7,715 ft²
206 W Bedford Euless Road, Hurst, TX, 76053 Listing by Tina Hearne
Unit for rent at 8937 Grand Avenue, North Richland Hills, TX, 76180

$2,750 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,882 ft²
8937 Grand Avenue, North Richland Hills, TX, 76180 Listing by Jimma McMindes
Unit for rent at 8941 Grand Avenue, North Richland Hills, TX, 76180

$2,900 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,882 ft²
8941 Grand Avenue, North Richland Hills, TX, 76180 Listing by Genevieve Talbott
Unit for rent at 8701 Bedford Euless Road, North Richland Hills, TX, 76053

$5,625 /mo

  • Studio
  • 72,310 ft²
8701 Bedford Euless Road, North Richland Hills, TX, 76053 Listing by Trenton Price
Unit for rent at 708 E Pecan Street, Hurst, TX, 76053

$1,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,063 ft²
708 E Pecan Street #714, Hurst, TX, 76053 Listing by Michael Vu

Frequently Asked Questions

What neighborhood is 1501 Norwood Drive located in?
The 1501 Norwood Drive is a commercial located in the neighborhood of Northeast Tarrant in Hurst, Hurst.
What is the average sales price for listings in 1501 Norwood Drive?
The average sales price for units in 1501 Norwood Drive is $0 currently.

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