NOT LISTED FOR SALE

1509 E Roosevelt St Phoenix, AZ 85006

Garfield Neighborhood

Estimated Value: $317,000 - $380,140

-- Bed
1 Bath
847 Sq Ft
$396/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $320,000 $378 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,986/month

11 Days on Market

About This Home

As of July 2024

4 units. Main house in front has 2 bedrooms 1 bathrooms. The three units in the back are studios with a bathroom. Close to the freeway. fully vacant

Last Agent to Sell the Property

Beth Rider

Keller Williams Arizona Realty License #SA117774000 Listed on: 07/05/2024

Keller Williams Arizona Realty

Last Buyer's Agent

Beth Rider

Keller Williams Arizona Realty License #SA117774000 Listed on: 07/05/2024

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,851

Year Built

  • Built in 1921

Home Design

  • Wood Frame Construction
  • Stucco

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 116-19-063

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 54*128
  • Garfield Place Subdivision

Building Details

  • Operating Expense $1,851

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,851

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Cross Street: E Roosevelt and N 16th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1921
  • Tax Year: 2023
  • Directions: Heading W on Roosevelt St home will be on left.
  • Road Surface Type: Gravel
  • Subdivision Name: GARFIELD PLACE
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Other

Garage/Parking

  • Parking Features: None
  • Attached Garage: No

Utilities

  • Electric: SRP
  • Cooling: See Remarks
  • Heating: See Remarks
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 54*128
  • Additional Parcels: No
  • Parcel #: 116-19-063

Multi Family

  • Owner Pays: Other
  • Number Of Units Total: 4
  • Annual Operating Expense: 1851.0
  • Vacancy Allowance Rate: 100.0

Tax Info

  • Tax Annual Amount: 1851.0
  • Tax Book Number: 116.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
Galle Fort Capital Ii Llc
Bought by
1509 E Roosevelt Street Llc
Current Estimated Value
$335,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$310,278
Interest Rate
8.75%
Mortgage Type
Construction
Estimated Equity
$25,507

Purchase Details

Listed on
Jul 5, 2024
Closed on
Jul 26, 2024
Sold by
Contreras Araceli Lemus
Bought by
Galle Fort Capital Ii Llc
Seller's Agent
Beth Rider
Keller Williams Arizona Realty
Buyer's Agent
Beth Rider
Keller Williams Arizona Realty
List Price
$412,500
Sold Price
$320,000
Premium/Discount to List
-$92,500
-22.42%
Views
456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$160,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2024
Sold by
Lemus Roberto
Bought by
Contreras Araceli Lemus

Purchase Details

Closed on
Aug 13, 1996
Sold by
Lemus Maria
Bought by
Lemus Roberto
Source: Public Records

Range of Values:

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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
1509 E Roosevelt Street Llc -- Pioneer Title Agency
Galle Fort Capital Ii Llc $320,000 Partners Title Company
Contreras Araceli Lemus -- None Listed On Document
Lemus Roberto -- Grand Canyon Title Agency In
Lemus Roberto $47,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1509 E Roosevelt Street Llc $400,000
Previous Owner Galle Fort Capital Ii Llc $160,000
Previous Owner Lemus Roberto $60,000
Previous Owner Cox Saundra F $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $320,000 -15.8% $378 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
07/12/2024 07/12/24 Price Changed $380,000 -7.9% $449 / Sq Ft
07/05/2024 07/05/24 For Sale $412,500 -- $487 / 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 $1,869 $14,927 -- --
2024 $1,851 $14,216 -- --
2023 $1,851 $35,420 $7,080 $28,340
2022 $1,783 $28,060 $5,610 $22,450
2021 $1,777 $24,860 $4,970 $19,890
2020 $1,800 $22,880 $4,570 $18,310
2019 $1,799 $15,470 $3,090 $12,380
2018 $739 $12,230 $2,440 $9,790
2017 $717 $8,720 $1,740 $6,980
2016 $696 $7,220 $1,440 $5,780
2015 $639 $6,210 $1,240 $4,970
Source: Public Records

Agents Affiliated with this Home

  • Beth Rider

    Seller's Agent in 2024

    Beth Rider

    Keller Williams Arizona Realty

    (480) 666-0501

    3 in this area

    1,610 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6727793

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-19-063

Arizona Maricopa County Phoenix 85006 Garfield

1509 E Roosevelt St, Phoenix, AZ

This home is located at 1509 E Roosevelt St, Phoenix, AZ 85006 since 05 July 2024 and is currently estimated at $335,785, approximately $396 per square foot. This property was built in 1921. 1509 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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