1545 W Roosevelt St Phoenix, AZ 85007
Central City Neighborhood
--
Bed
--
Bath
700
Sq Ft
1937
Built
Highlights
- Cooling Available
- Heating unit installed on the ceiling
- Vinyl Flooring
- Phoenix Coding Academy Rated A
About This Home
As of January 20251545 W Roosevelt St consists of six multifamily buildings and has a total of 12 multifamily units (100% vacant - 1 bed / 1 bath), known as the Roosevelt Bungalows. The property is bank owned and in need of repairs, making it perfect for value-add investors looking for a medium sized multifamily property to fix up and put their touches on. The location being situated just west of Downtown Phoenix near the intersection of Grand Ave & Roosevelt St, places it in an area rich with history, restaurants, social hubs, and retail. Please contact broker for additional details.
Last Agent to Sell the Property
Beth Jo Zeitzer
R.O.I. Properties License #BR044331000 Listed on: 10/24/2024
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,514
Year Built
- Built in 1937
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 12 Open Parking Spaces
- 12 Parking Spaces
- Over 1 Space Per Unit
Utilities
- Cooling Available
- Heating unit installed on the ceiling
Additional Features
- Vinyl Flooring
- Additional Parcels
Community Details
- 6 Buildings
- 12 Units
- Building Dimensions are 98.23x146.68x97.97x148.84
- Homestead Place Subdivision
Listing and Financial Details
- Tax Lot 7,8
- Assessor Parcel Number 111-25-001-A
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2024
Closed on
Jan 8, 2025
Sold by
Crown Investment Company
Bought by
Vanguard Trio Real Estate Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,020,000
Sold Price
$925,000
Premium/Discount to List
-$95,000
-9.31%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,771
Avg. Annual Appreciation
0.82%
Purchase Details
Closed on
Oct 15, 2024
Sold by
Sprouting Llc
Bought by
Crown Investment Company
Purchase Details
Listed on
Sep 11, 2020
Closed on
Oct 20, 2020
Sold by
Old Lion Investments Llc
Bought by
Sprouting Llc
Seller's Agent
Carson Griesemer
ABI Multifamily
Buyer's Agent
Carson Griesemer
ABI Multifamily
List Price
$725,000
Sold Price
$695,000
Premium/Discount to List
-$30,000
-4.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$506,250
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 14, 2017
Sold by
Ez Direct Roosevelt Llc
Bought by
Warr Bradley J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
4.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 27, 2012
Sold by
Mehul Realty Llc
Bought by
Ez Direct Roosevelt Llc
Purchase Details
Closed on
Sep 9, 2011
Sold by
Ferris Ed
Bought by
Mehul Realty Llc
Purchase Details
Closed on
Apr 29, 2011
Sold by
Hanson Capital Group Llc
Bought by
Ferris Ed
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,380
Interest Rate
4.72%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 25, 2011
Sold by
City National Bank
Bought by
Hanson Capital Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,380
Interest Rate
4.72%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 18, 2011
Sold by
Litsey William Byron
Bought by
City National Bank
Purchase Details
Closed on
Aug 4, 2005
Sold by
Osvath Joseph
Bought by
Litsey William Bryon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,900
Interest Rate
5.56%
Mortgage Type
Commercial
Purchase Details
Closed on
May 13, 2005
Sold by
Litsey Lisa G
Bought by
Litsey William Byron
Purchase Details
Closed on
Mar 22, 2004
Sold by
Chun Thomas
Bought by
Osvath Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,120
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage
Similar Home in Phoenix, AZ
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $925,000 | Landmark Title | |
| Special Warranty Deed | $925,000 | Landmark Title | |
| Trustee Deed | $756,000 | None Listed On Document | |
| Warranty Deed | $695,000 | Thomas Title And Escrow | |
| Warranty Deed | $320,000 | Chicago Title Agency | |
| Warranty Deed | $155,000 | Stewart Title & Trust Of Pho | |
| Warranty Deed | $120,000 | Stewart Title & Trust Of Pho | |
| Warranty Deed | $143,000 | Stewart Title & Trust Of Pho | |
| Warranty Deed | $110,000 | Stewart Title Guaranty Co | |
| Warranty Deed | $90,000 | Stewart Title & Trust Of Pho | |
| Warranty Deed | $459,000 | Capital Title Agency Inc | |
| Warranty Deed | -- | Capital Title Agency Inc | |
| Warranty Deed | $150,001 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $506,250 | New Conventional | |
| Previous Owner | $290,000 | New Conventional | |
| Previous Owner | $133,380 | Commercial | |
| Previous Owner | $367,900 | Commercial | |
| Previous Owner | $121,000 | Unknown | |
| Previous Owner | $189,120 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/08/2025 01/08/25 | Sold | $925,000 | -9.3% | $1,321 / Sq Ft |
| 12/03/2024 12/03/24 | Pending | -- | -- | -- |
| 10/24/2024 10/24/24 | For Sale | $1,020,000 | +46.8% | $1,457 / Sq Ft |
| 10/22/2020 10/22/20 | Sold | $695,000 | -4.1% | $993 / Sq Ft |
| 09/22/2020 09/22/20 | Pending | -- | -- | -- |
| 09/08/2020 09/08/20 | For Sale | $725,000 | -- | $1,036 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,514 | $11,325 | -- | -- |
| 2024 | $1,500 | $10,785 | -- | -- |
| 2023 | $1,500 | $21,370 | $10,300 | $11,070 |
| 2022 | $1,447 | $16,200 | $6,310 | $9,890 |
| 2021 | $1,436 | $15,010 | $5,310 | $9,700 |
| 2020 | $1,452 | $14,110 | $4,500 | $9,610 |
| 2019 | $1,450 | $12,450 | $3,300 | $9,150 |
| 2018 | $1,425 | $11,280 | $1,940 | $9,340 |
| 2017 | $1,392 | $7,740 | $1,690 | $6,050 |
| 2016 | $1,352 | $7,300 | $1,530 | $5,770 |
| 2015 | $1,281 | $7,920 | $1,530 | $6,390 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2025
Beth Jo Zeitzer
R.O.I. Properties
-
Jake Vice
Seller Co-Listing Agent in 2025
Jake Vice
R.O.I. Properties
(480) 273-0212
7 in this area
37 Total Sales
-
N
Buyer's Agent in 2025
Non-MLS Agent
Non-MLS Office
-
Carson Griesemer
Seller's Agent in 2020
Carson Griesemer
ABI Multifamily
(602) 714-1400
5 in this area
28 Total Sales
-
Dallin Hammond
Seller Co-Listing Agent in 2020
Dallin Hammond
ABI Multifamily
(602) 714-1400
5 in this area
38 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6775516
APN: 111-25-001A
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.
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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