NOT LISTED FOR SALE

1202 W Roosevelt St Phoenix, AZ 85007

Story Neighborhood

Estimated Value: $393,000 - $480,000

-- Bed
1 Bath
1,055 Sq Ft
$415/Sq Ft Est. Value

Last Sold January 06, 2014

Last sale price $145,000 $137 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $2,449/month

90 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Concrete Flooring
  • 5-minute walk to Hu-O-Te Mini Park
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of January 2014

FQ STORY HISTORY neighborhood * Charming block home plus 2 studio apartment located at rear of property *nice ceramic title throughout * nice updated kitchen * large dining room * spacious yard * main home has 2 bedroom 1 bath 1,008 square feet and the 2 studios are 343 square feet each * Roofs replaced 2010, A/C on main home approx. 7 years * Rents are below market rate due to long term tenants *Convenient to theaters, professional Diamond Back Field Stadium & Phoenix Suns, US Airways basket ball stadium * near Down Town nightlife & ASU University

Last Agent to Sell the Property

Alex Robayo

RE/MAX Professionals License #SA031870000 Listed on: 07/18/2013

RE/MAX Professionals

Last Buyer's Agent

Brian Bird

Prestige Realty License #SA102674000

Prestige Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,221

Year Built

  • Built in 1940

Lot Details

  • 7,057

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Schools

  • Kenilworth Elementary School
  • Phoenix Prep Academy Middle School
  • Central High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 17
  • Assessor Parcel Number 111-20-017

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 7050
  • Fq Story Subdivision

Building Details

  • Operating Expense $7,421
  • Gross Income $48,000
  • Net Operating Income $7,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,221

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: 7 Ave & Roosevelt
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R5
  • Number Of Buildings: 2
  • Year Built: 1940
  • Tax Year: 2012
  • Directions: McDowell to 7 Ave * South to Roosevelt * West to Property
  • Road Surface Type: Asphalt, Sidewalk(s), Alley
  • Subdivision Name: FQ STORY
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: APS, SRP
  • Cooling: Central A/C, Wall/Window Unit(s)
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 500.0
  • Annual Water Sewer Expense: 1400.0

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Lot Size: 7050
  • Additional Parcels: No
  • Parcel #: 111-20-017

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 48000.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 7200.0
  • Annual Operating Expense: 7421.0
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 2221.0
  • Tax Book Number: 111.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2024
Sold by
Bird Makenna M
Bought by
Bird Makenna M and Bird Alexa D
Current Estimated Value
$437,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Outstanding Balance
$383,640
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$25,132

Purchase Details

Closed on
Jul 3, 2014
Sold by
Bird Brian A and Bird Sarah K
Bought by
1200 W Roosevelt Llc

Purchase Details

Closed on
Oct 16, 2013
Sold by
Loya Jesus M and Loya Rosa F
Bought by
Bird Brian A and Bird Sarah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
4.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Bird Makenna M -- Pioneer Title Agency
1200 W Roosevelt Llc -- None Available
Bird Brian A $145,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bird Makenna M $386,250
Previous Owner Bird Brian A $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2014 01/06/14 Sold $145,000 -18.1% $137 / Sq Ft
10/15/2013 10/15/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $177,000 -- $168 / 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 $1,542 $11,530 -- --
2024 $1,527 $10,981 -- --
2023 $1,527 $23,410 $4,680 $18,730
2022 $1,473 $18,760 $3,750 $15,010
2021 $1,462 $18,100 $3,620 $14,480
2020 $1,478 $17,735 $3,545 $14,190
2019 $1,476 $14,965 $2,990 $11,975
2018 $1,451 $16,240 $3,245 $12,995
2017 $1,417 $13,550 $2,710 $10,840
2016 $1,376 $24,970 $4,990 $19,980
2015 $2,217 $27,310 $5,460 $21,850
Source: Public Records

Agents Affiliated with this Home

  • Alex Robayo

    Seller's Agent in 2014

    Alex Robayo

    RE/MAX

    (602) 390-5489

    84 Total Sales

    Alex Robayo
    Section Image

  • B

    Buyer's Agent in 2014

    Brian Bird

    Prestige Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4969463

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-20-017

Arizona Maricopa County Phoenix 85007 Story

1202 W Roosevelt St, Phoenix, AZ

This home is located at 1202 W Roosevelt St, Phoenix, AZ 85007 since 18 July 2013 and is currently estimated at $437,604, approximately $414 per square foot. This property was built in 1940. 1202 W Roosevelt St is a home located in Maricopa County with nearby schools including Kenilworth Elementary School, Phoenix Coding Academy, and Central High School.

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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