NOT LISTED FOR SALE

1514 E Roosevelt St Phoenix, AZ 85006

Garfield Neighborhood

Estimated Value: $425,000 - $563,000

2 Beds
-- Bath
1,497 Sq Ft
$314/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $300,000 $200 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,838/month

113 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of September 2021

Great chance to own a duplex in central Phoenix. One bedroom, one bathroom for each unit. Both units are currently rented month to month.

Last Agent to Sell the Property

Brooke Castaneda

HomeSmart License #SA554964000 Listed on: 05/20/2021

HomeSmart

Co-Listed By

Monica Crowell

HomeSmart License #SA555227000

Last Buyer's Agent

Janet Rios

Fort Lowell Realty & Property Management License #SA654689000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $904

Year Built

  • Built in 1946

Lot Details

  • Property fronts an alley

Home Design

  • Brick Exterior Construction
  • Tile Roof

Flooring

  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Over 1 Space Per Unit

Schools

  • Garfield Elementary School
  • North High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 116-56-092

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6290
  • La Tourrette Place Subdivision

Building Details

  • Operating Expense $1,429
  • Gross Income $15,600
  • Net Operating Income $14,171

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$904

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: 16TH ST & MCDOWELL
  • Property Type: Multiple Dwellings
  • Zoning: RES
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1946
  • Tax Year: 2020
  • Directions: 16th Street, east on Roosevelt to home on north.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: cril19
  • Co List Office Phone: 602-761-4650
  • Subdivision Name: La Tourrette Place
  • Construction Brick: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Concrete
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Painted, Brick
  • Roof: Tile

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Garfield School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 6290
  • Additional Parcels: No
  • Parcel #: 116-56-092

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0
  • Insurance Expense: 525.0
  • Property Net Operating Income: 14171.0
  • Annual Operating Expense: 1429.0

Tax Info

  • Tax Annual Amount: 904.0
  • Tax Book Number: 116.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2022
Sold by
Z Industries Llc
Bought by
Z Properties Lp
Current Estimated Value
$504,129

Purchase Details

Closed on
Mar 22, 2022
Sold by
Shelby Zulich Chad
Bought by
Z Industries Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,578
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2021
Closed on
Sep 20, 2021
Sold by
Cas Az Neda Llc
Bought by
Z Industries Llc
Seller's Agent
Brooke Castaneda
HomeSmart
Buyer's Agent
Janet Rios
Fort Lowell Realty & Property Management
List Price
$324,999
Sold Price
$300,000
Premium/Discount to List
-$24,999
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.27%

Purchase Details

Listed on
Aug 16, 2012
Closed on
Oct 29, 2012
Sold by
220 Holding Llc
Bought by
Cas Az Neda Llc
Buyer's Agent
Brooke Castaneda
HomeSmart
List Price
$64,000
Sold Price
$54,900
Premium/Discount to List
-$9,100
-14.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.02%

Purchase Details

Closed on
Jun 22, 2009
Sold by
Residential Funding Company Llc
Bought by
220 Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 10, 2008
Sold by
Reitano John W
Bought by
Residential Funding Co Llc

Purchase Details

Closed on
Jun 9, 2006
Sold by
Urquhart Benjamin
Bought by
Reitano John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,100
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 24, 2005
Sold by
Kildew Floyd and Kildew Carolyn
Bought by
Kildew Floyd and Kildew Carolyn

Purchase Details

Closed on
May 10, 2003
Sold by
Kildew Floyd
Bought by
Kildew Carolyn

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
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2003
Sold by
Flores Andres and Flores Bertha
Bought by
Platinum Properties Llp

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
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 1996
Sold by
Anderson Steven Scott
Bought by
Flores Andres and Flores Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,100
Interest Rate
7.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 1995
Sold by
Hatfield Brenda Reed and Hatfield Brenda Reed
Bought by
Anderson Steven Scott
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Z Properties Lp -- --
Z Industries Llc -- Magnus Title
Zulich Chad Shelby -- Magnus Title
Z Industries Llc $300,000 Magnus Title Agency Llc
Cas Az Neda Llc $54,900 American Title Services Agen
220 Holdings Llc $35,000 First American Title Ins Co
Residential Funding Co Llc $135,000 Great American Title Agency
Reitano John W $149,900 Security Title Agency Inc
Kildew Floyd -- --
Kildew Floyd -- --
Kildew Carolyn -- --
Kildew Carolyn $90,000 --
Platinum Properties Llp $72,000 Century Title Agency Inc
Flores Andres $43,000 Fidelity Title
Anderson Steven Scott $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zulich Chad Shelby $239,578
Previous Owner 220 Holdings Llc $221,000
Previous Owner 220 Holdings Llc $375,000
Previous Owner 220 Holdings Llc $25,000
Previous Owner Reitano John W $78,100
Previous Owner Reitano John W $14,900
Previous Owner Reitano John W $119,900
Previous Owner Kildew Carolyn $12,825
Previous Owner Kildew Carolyn $68,400
Previous Owner Platinum Properties Llp $66,000
Previous Owner Flores Andres $30,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $300,000 +0.4% $200 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
09/08/2021 09/08/21 Price Changed $298,900 -3.3% $200 / Sq Ft
08/12/2021 08/12/21 Price Changed $309,000 -4.9% $206 / Sq Ft
07/26/2021 07/26/21 For Sale $324,999 0.0% $217 / Sq Ft
07/26/2021 07/26/21 Price Changed $324,999 +8.3% $217 / Sq Ft
07/19/2021 07/19/21 Off Market $300,000 -- --
07/17/2021 07/17/21 For Sale $339,000 0.0% $226 / Sq Ft
06/01/2021 06/01/21 Price Changed $339,000 -3.1% $226 / Sq Ft
05/20/2021 05/20/21 For Sale $349,900 +537.3% $234 / Sq Ft
10/30/2012 10/30/12 Sold $54,900 -14.2% $37 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
08/16/2012 08/16/12 For Sale $64,000 -- $43 / 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 $939 $7,444 -- --
2024 $930 $7,090 -- --
2023 $930 $30,460 $6,090 $24,370
2022 $896 $21,430 $4,280 $17,150
2021 $893 $18,600 $3,720 $14,880
2020 $904 $17,070 $3,410 $13,660
2019 $903 $12,280 $2,450 $9,830
2018 $888 $11,060 $2,210 $8,850
2017 $862 $10,600 $2,120 $8,480
2016 $837 $7,920 $1,580 $6,340
2015 $769 $6,580 $1,310 $5,270
Source: Public Records

Agents Affiliated with this Home

  • Brooke Castaneda

    Seller's Agent in 2021

    Brooke Castaneda

    HomeSmart

    (480) 206-3658

    3 in this area

    88 Total Sales

    Section Image
  • Monica Crowell

    Seller Co-Listing Agent in 2021

    Monica Crowell

    HomeSmart

    (480) 677-0992

    3 in this area

    82 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Janet Rios

    Fort Lowell Realty & Property Management

    (480) 244-8349

    1 in this area

    36 Total Sales

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6238712

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-56-092

Arizona Maricopa County Phoenix 85006 Garfield

1514 E Roosevelt St, Phoenix, AZ

This home is located at 1514 E Roosevelt St, Phoenix, AZ 85006 since 20 May 2021 and is currently estimated at $470,185, approximately $314 per square foot. This property was built in 1946. 1514 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

Nearby Homes