NOT LISTED FOR SALE

1346 E Roosevelt St Phoenix, AZ 85006

Garfield Neighborhood

Estimated Value: $390,000 - $607,000

-- Bed
8 Baths
3,144 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $320,000 $102 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,892/month

5 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of July 2016

Awesome property~ sometimes even has a waiting list for prospective tenants! Four bungalow style single family homes on one parcel in Garfield Historic District. Homes were completely remodeled in 2006. Each home has two bathrooms, an inside laundry room, back yard, and its own driveway. 100% occupied - 2 students, 2 professionals. Flooring in all units is wood laminate and deco tile in the bathrooms. Property is zoned R5 R1 MF = 13-14 units, up to 6 stories high. All information contained here to be verified by buyer.

Last Agent to Sell the Property

Carol Wedepohl

Heritage Success Realty LLC License #BR024485000 Listed on: 05/20/2016

Last Buyer's Agent

Arvle Knight

Transworld Business Advisors of Phoenix NE License #BR535084000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $991

Year Built

  • Built in 1936

Lot Details

  • 0.32

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Garfield Elementary School
  • Phoenix Prep Academy Middle School
  • North High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 116-23-071

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Building Dimensions are 138.02 x 100.14 x 138.01 x 101.39
  • Mathers Sub Subdivision

Building Details

  • Operating Expense $7,774
  • Gross Income $32,076
  • Net Operating Income $25,617

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$991

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Cross Street: Roosevelt and 14th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 4
  • Year Built: 1936
  • Tax Year: 2015
  • Directions: N/W corner of Roosevelt and 14th St. On Roosevelt houses 1342 and 1344 E Roosevelt and on 14th St houses 1008 and 1012 N 14th St
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1944.0
  • Subdivision Name: MATHERS SUB
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Frame - Wood, Other, See Remarks
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:See Remarks15: Yes

Fee Information

  • Annual Water Sewer Expense: 1860.0

Schools

  • Elementary School: Garfield School
  • High School: North High School
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Lot Size: 138.02 x 100.14 x 138.01 x 101.39
  • Additional Parcels: No
  • Parcel #: 116-23-071

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 32076.0
  • Insurance Expense: 2128.0
  • Maintenance Expense: 771.0
  • Property Net Operating Income: 25617.0
  • Annual Operating Expense: 7774.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 991.0
  • Tax Block: 1
  • Tax Book Number: 116.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
Harmon Fumin and Harmon Lance C
Bought by
Harmon Family Trust and Harmon
Current Estimated Value
$512,542

Purchase Details

Listed on
May 20, 2016
Closed on
Jul 5, 2016
Sold by
Cornerstone Partners Llc
Bought by
Harmon Lance C and Harmon Fumin
Seller's Agent
Carol Wedepohl
Heritage Success Realty LLC
Buyer's Agent
Arvle Knight
Transworld Business Advisors of Phoenix NE
List Price
$330,000
Sold Price
$320,000
Premium/Discount to List
-$10,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$160,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2010
Sold by
Cornerstone Southwest Properties Llc
Bought by
Cornerstone Partners Llc

Purchase Details

Closed on
Oct 5, 2006
Sold by
Wedepohl Carol Denise and Wedepohl Patrick J
Bought by
Cornerstone Southwest Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2005
Sold by
S & S Property Investments Llc
Bought by
Cornerstone Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2005
Sold by
Wildwood Sarah
Bought by
S & S Property Investments Llc

Purchase Details

Closed on
Jun 6, 2005
Sold by
Benware Todd
Bought by
Wildwood Sarah Diana

Purchase Details

Closed on
Jan 16, 2003
Sold by
Labate Pasquale
Bought by
Benware Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 1978
Sold by
Sands Elmer C and Sands Clover H
Bought by
H & D Phoenix Iii
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
Harmon Family Trust -- None Listed On Document
Harmon Lance C $320,000 Driggs Title Agency Inc
Cornerstone Partners Llc -- Accommodation
Cornerstone Southwest Properties Llc -- Grand Canyon Title Agency In
Wedepohl Patrick J -- Grand Canyon Title Agency In
Cornerstone Partners Llc $215,000 First American Title Ins Co
S & S Property Investments Llc -- --
Wildwood Sarah Diana $225,000 First American Title Ins Co
Benware Todd $220,000 Chicago Title Insurance Co
H & D Phoenix Iii -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harmon Lance C $160,000
Previous Owner Wedepohl Patrick J $288,000
Previous Owner Cornerstone Partners Llc $288,000
Previous Owner Benware Todd $189,500
Previous Owner Benware Todd $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $320,000 -3.0% $102 / Sq Ft
07/02/2016 07/02/16 For Sale $330,000 0.0% $105 / Sq Ft
07/02/2016 07/02/16 Price Changed $330,000 0.0% $105 / Sq Ft
05/20/2016 05/20/16 For Sale $330,000 -- $105 / 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 $1,200 $8,975 -- --
2024 $1,189 $8,548 -- --
2023 $1,189 $42,570 $8,510 $34,060
2022 $1,146 $34,530 $6,900 $27,630
2021 $1,138 $30,320 $6,060 $24,260
2020 $1,151 $27,880 $5,570 $22,310
2019 $1,149 $19,520 $3,900 $15,620
2018 $1,129 $18,530 $3,700 $14,830
2017 $1,103 $13,560 $2,710 $10,850
2016 $1,071 $10,580 $2,110 $8,470
2015 $991 $8,250 $1,650 $6,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Carol Wedepohl

    Heritage Success Realty LLC

    (602) 930-5954

    6 Total Sales

    Carol Wedepohl
    Section Image

  • A

    Buyer's Agent in 2016

    Arvle Knight

    Transworld Business Advisors of Phoenix NE

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5446119

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-23-071

Arizona Maricopa County Phoenix 85006 Garfield

1346 E Roosevelt St, Phoenix, AZ

This home is located at 1346 E Roosevelt St, Phoenix, AZ 85006 since 20 May 2016 and is currently estimated at $512,542, approximately $163 per square foot. This property was built in 1936. 1346 E Roosevelt St is a home located in Maricopa County with nearby schools including Garfield School, North High School, and Phoenix Coding Academy.

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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