NOT LISTED FOR SALE

1425 E Roosevelt St Phoenix, AZ 85006

Garfield Neighborhood

Estimated Value: $328,000 - $572,000

-- Bed
2 Baths
1,539 Sq Ft
$297/Sq Ft Est. Value

Last Sold February 11, 2019

Last sale price $220,000 $143 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,460/month

57 Days on Market

Highlights

  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of February 2019

Amazing Investment opportunity in the heart of Phoenix, in the Garfield District, close to freeways and all amenities. Please do not disturb the tenants.

Last Agent to Sell the Property

Enrique Gonzales

HomeSmart License #SA528977000 Listed on: 11/19/2018

HomeSmart

Last Buyer's Agent

Enrique Gonzales

HomeSmart License #SA528977000 Listed on: 11/19/2018

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $618

Year Built

  • Built in 1946

Lot Details

  • 6,752

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Assigned Parking

Schools

  • Garfield Elementary And Middle School
  • North High School

Utilities

  • Evaporated cooling system
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water
  • Tax Lot 6
  • Assessor Parcel Number 116-19-121

Community Details

Overview

  • 4 Buildings
  • 3 Units
  • Building Dimensions are 6765
  • Kleck Tract Subdivision

Building Details

  • Operating Expense $2,378

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$618

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: 16th st and Roosevelt
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 4
  • Year Built: 1946
  • Tax Year: 2018
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: KLECK TRACT
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • 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:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 960.0

Schools

  • Elementary School: Garfield School
  • High School: North High School
  • Middle Or Junior School: Garfield School

Lot Info

  • Lot Size: 6765
  • Additional Parcels: No
  • Parcel #: 116-19-121

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 3
  • Insurance Expense: 800.0
  • Annual Operating Expense: 2378.0

Tax Info

  • Tax Annual Amount: 618.0
  • Tax Book Number: 116.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2018
Closed on
Feb 4, 2019
Sold by
Bustamante Oscar
Bought by
Bristolco Llc
Seller's Agent
Enrique Gonzales
HomeSmart
Buyer's Agent
Enrique Gonzales
HomeSmart
List Price
$279,900
Sold Price
$220,000
Premium/Discount to List
-$59,900
-21.4%
Current Estimated Value
$457,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,745
Avg. Annual Appreciation
11.25%

Purchase Details

Closed on
Aug 5, 1999
Sold by
Andrade Antonio A and Andrade Antonio
Bought by
Bustamante Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
7.47%
Mortgage Type
FHA
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
Bristolco Llc $220,000 Title Alliance Professional
Bustamante Oscar $72,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bustamante Oscar $68,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2019 02/11/19 Sold $220,000 -21.4% $143 / Sq Ft
01/13/2019 01/13/19 Pending -- -- --
11/17/2018 11/17/18 For Sale $279,900 -- $182 / 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 $823 $5,798 -- --
2024 $768 $5,522 -- --
2023 $768 $37,560 $7,510 $30,050
2022 $741 $30,680 $6,130 $24,550
2021 $735 $26,470 $5,290 $21,180
2020 $743 $24,380 $4,870 $19,510
2019 $742 $14,860 $2,970 $11,890
2018 $730 $14,850 $2,970 $11,880
2017 $713 $10,420 $2,080 $8,340
2016 $692 $6,780 $1,350 $5,430
2015 $641 $5,270 $1,050 $4,220
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Enrique Gonzales

    HomeSmart

    (602) 292-1240

    55 Total Sales

    Enrique Gonzales
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5848687

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-19-121

Arizona Maricopa County Phoenix 85006 Garfield

1425 E Roosevelt St, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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