$962,500
SOLD NOV 22, 2023
-- Bed
-- Bath
2,600 Sq Ft
6,882 Sq Ft Lot

Recently Sold

$370 Per Sq Ft

4% Below List Price

4 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Individual Controls for Heating

About This Home

As of November 2023

Can be purchased with 1101 E Roosevelt St (triplex). 1105 E Roosevelt features (4) 2-bed / 1-bath units. 1101 E Roosevelt features (2) 2-bed / 1-bath & (1) 3-bed / 2-bath unit. Five of the seven units have been renovated with new flooring, cabinets, countertops, white appliances, bathrooms and lighting fixtures. The exterior features easy to manage, garden landscaping, and ample private parking space. Each unit is also individually metered for electricity. Property is Separately Parceled as Triplex & Fourplex & Allows for Residential Financing.

Last Agent to Sell the Property

Dallin Hammond

ABI Multifamily License #SA677560000 Listed on: 10/04/2023

Co-Listed By

Andrew Arambula

ABI Multifamily License #SA688881000

Last Buyer's Agent

Jennifer Lofters

My Home Group Real Estate License #SA681474000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1981

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 13
  • Assessor Parcel Number 116-27-157

Community Details

Overview

  • 4 Units
  • Building Dimensions are 49.95x138.02x49.95x138.02
  • Sunny Side Tract Subdivision

Building Details

  • Operating Expense $1,200
  • Gross Income $75,620
  • Net Operating Income $60,495

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2022
  • Road Surface Type: Alley
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: SUNNY SIDE TRACT
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Individual, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 49.95x138.02x49.95x138.02
  • Additional Parcels: Yes
  • Parcel #: 116-27-157

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 75620.0
  • Property Net Operating Income: 60495.0
  • Annual Operating Expense: 1200.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1200.0
  • Tax Book Number: 116.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Nov 22, 2023
Sold by
Planetrandd Llc
Bought by
Kays Living Space Llc
Seller's Agent
Dallin Hammond
ABI Multifamily
Buyer's Agent
Jennifer Lofters
My Home Group Real Estate
List Price
$1,000,000
Sold Price
$962,500
Premium/Discount to List
-$37,500
-3.75%
Views
13
Current Estimated Value
$1,130,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,315
Avg. Annual Appreciation
10.13%
Original Mortgage
$1,188,250
Interest Rate
7.57%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 10, 2023
Sold by
Trec Roosevelt I Llc
Bought by
Planetrandd Llc

Purchase Details

Closed on
Jun 8, 2012
Sold by
Phan Emily Y
Bought by
Trec Roosevelt V Llc

Purchase Details

Closed on
Aug 26, 2011
Sold by
Washington Federal Savings
Bought by
Trec Management Llc

Purchase Details

Closed on
Jun 21, 2011
Sold by
Charloff Gail
Bought by
Washington Federal Savings

Purchase Details

Closed on
Apr 6, 2004
Sold by
Charloff Gail
Bought by
Coyee Rosey Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
5.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 9, 1999
Sold by
Dont4close
Bought by
Charloff Gail

Purchase Details

Closed on
Mar 9, 1999
Sold by
Charloff Gail
Bought by
Dont4close
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $962,500 Commonwealth Land Title
Special Warranty Deed $1,220,000 Commonwealth Land Title
Warranty Deed -- None Available
Cash Sale Deed $71,750 Fidelity Natl Title Ins Co
Trustee Deed $71,951 None Available
Warranty Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,188,250 Construction
Previous Owner $400,000 Credit Line Revolving
Previous Owner $69,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $962,500 -3.8% $370 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $1,000,000 -- $385 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,256 $9,395 -- --
2024 $1,244 $8,948 -- --
2023 $1,244 $41,710 $8,280 $33,430
2022 $1,200 $28,950 $5,750 $23,200
2021 $1,191 $23,970 $4,760 $19,210
2020 $1,205 $22,430 $4,450 $17,980
2019 $1,203 $16,370 $3,250 $13,120
2018 $1,182 $11,990 $2,380 $9,610
2017 $1,155 $11,910 $2,360 $9,550
2016 $1,122 $10,190 $2,020 $8,170
2015 $1,038 $9,440 $1,870 $7,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6613595

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-27-157