NOT LISTED FOR SALE

1002 W Rose Ln Phoenix, AZ 85013

Alhambra Neighborhood

Estimated Value: $688,000 - $1,066,000

Studio
3 Baths
3,068 Sq Ft
$287/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $1,100,000 $359 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $5,050/month

76 Days on Market

Highlights

  • Wood Flooring
  • Community Kitchen
  • Central Air

About This Home

As of July 2022

Well established 10 bed Assisted Living Home in the prestigious North Central Corridor neighborhood. Always full, great reputation. Owner retiring. Turn key operation

Last Agent to Sell the Property

John Oliver

Century 21 Arizona Foothills License #SA542407000 Listed on: 12/08/2021

Century 21 Arizona Foothills

Last Buyer's Agent

Rick Horst

Keller Williams Arizona Realty License #SA640657000

Keller Williams Arizona Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,684

Year Built

  • Built in 1958

Lot Details

  • 0.27 Acre Lot
  • Block Wall Fence

Home Design

  • 3,068 Sq Ft Home
  • Composition Roof
  • Block Exterior

Flooring

  • Wood
  • Concrete

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 156-26-046

Community Details

Building Details

  • Gross Income $315,375
  • Net Operating Income $147,375

Additional Features

  • Rose Lane Plaza Lots 21 52 Tr A Subdivision
  • Community Kitchen

Property Details

Property Type

Other

Est. Annual Taxes

$3,684

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: Maryland & 7th Ave
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: Res
  • Current Use: Service Business, Medical/Dental
  • Number Of Buildings: 1
  • Year Built: 1958
  • Tax Year: 2021
  • Lot Size Acres: 0.27
  • Subdivision Name: ROSE LANE PLAZA LOTS 21-52 TR A
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood, Concrete

Exterior Features

  • Fencing: Block
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Free: Yes
  • Parking:Parking Structure: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Heat Pump, Natural Gas
  • Green Building Features: Kitchen
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Fee Information

  • Annual Fuel Expense: 864.0
  • Annual Water Sewer Expense: 2880.0

Lot Info

  • Lot Size Sq Ft: 11583.0
  • Additional Parcels: No
  • Parcel #: 156-26-046
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 3192.0
  • Annual Gross Income: 315375.0
  • Maintenance Expense: 7200.0
  • Property Net Operating Income: 147375.0

Tax Info

  • Tax Annual Amount: 3684.0
  • Tax Book Number: 156.00
  • Tax Lot: 16
  • Tax Map Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2024
Sold by
Ikuseru Akinyele and Ikuseru Olajumoke
Bought by
Koggi Llc
Current Estimated Value
$881,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,250
Outstanding Balance
$540,870
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$340,181

Purchase Details

Listed on
Dec 8, 2021
Closed on
Jun 27, 2022
Sold by
Serdenia Tessie S
Bought by
Lkuseru Akinyele and Salami Olajumoke
Seller's Agent
John Oliver
Century 21 Arizona Foothills
Buyer's Agent
Rick Horst
Keller Williams Arizona Realty
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.09%
Original Mortgage
$560,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 1999
Sold by
Wild Iris Enterprises Ltd
Bought by
Serdenia Rey S and Serdenia Tessie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,300
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 1997
Sold by
Kifer Robbie W
Bought by
Independence Development For The Disable

Purchase Details

Closed on
Aug 28, 1995
Sold by
Morford Ronald H and Morford Diane
Bought by
Kifer Robbie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,700
Interest Rate
7.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Koggi Llc -- Stewart Title Guaranty Company
Lkuseru Akinyele $700,000 Security Title
Serdenia Rey S $187,000 Chicago Title Insurance Co
Independence Development For The Disable $166,457 --
Kifer Robbie W $163,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koggi Llc $549,250
Previous Owner Lkuseru Akinyele $560,000
Previous Owner Serdenia Rey S $168,300
Previous Owner Kifer Robbie W $146,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $1,100,000 0.0% $359 / Sq Ft
07/01/2022 07/01/22 For Sale $1,100,000 0.0% $359 / Sq Ft
05/13/2022 05/13/22 For Sale $1,100,000 0.0% $359 / Sq Ft
12/08/2021 12/08/21 For Sale $1,100,000 -- $359 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $4,505 $35,449 -- --
2024 $4,257 $33,037 -- --
2023 $4,257 $55,200 $11,040 $44,160
2022 $3,593 $41,180 $8,230 $32,950
2021 $3,684 $39,160 $7,830 $31,330
2020 $3,585 $36,730 $7,340 $29,390
2019 $3,520 $35,180 $7,030 $28,150
2018 $3,420 $31,760 $6,350 $25,410
2017 $3,410 $31,570 $6,310 $25,260
2016 $2,791 $26,770 $5,350 $21,420
2015 $2,589 $22,710 $4,540 $18,170
Source: Public Records

Agents Affiliated with this Home

  • John Oliver

    Seller's Agent in 2022

    John Oliver

    Century 21 Arizona Foothills

    (602) 790-8140

    1 in this area

    11 Total Sales

    John Oliver
    Section Image
  • Rick Horst

    Buyer's Agent in 2022

    Rick Horst

    Keller Williams Arizona Realty

    (480) 767-3014

    1 in this area

    32 Total Sales

    Rick Horst
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6329914

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-26-046

Arizona Maricopa County Phoenix 85013 Alhambra

1002 W Rose Ln, Phoenix, AZ

Not Listed for Sale

Other

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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