$1,250,000
SOLD FEB 19, 2025

1605 W Latham St Phoenix, AZ 85007

Central City Neighborhood
-- Bed
-- Bath
-- Sq Ft
1925 Built

Recently Sold

18% Below List Price

40 Days on Market

Highlights

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

About This Home

As of February 2025

1605 -09 W Latham St consists of five bank owned commercial / multifamily buildings across two parcels, totaling twelve multifamily units and one retail / commercial space across. The multifamily units are partially leased (5 of 12), and the retail space is vacant. The unit mix for the multifamily units consists of (2) two bed / 1 bath (4) one bed / one bath and (6) studios. The property is situated just west of Downtown Phoenix near the intersection of Grand Ave & Roosevelt St, placing it in an area rich with history, restaurants, social hubs, and retail. Please contact broker for additional details. 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

Co-Listed By

Jake Vice

R.O.I. Properties License #SA697209000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,116

Year Built

  • Built in 1925

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces
  • On-Street Parking

Schools

  • Kenilworth Elementary School
  • Central High School

Utilities

  • Evaporated cooling system
  • Heating Available

Additional Features

  • Concrete Flooring
  • Additional Parcels

Community Details

  • 5 Buildings
  • 11 Units
  • Building Dimensions are 11220

Listing and Financial Details

  • The owner pays for sewer
  • Tax Lot 19&21
  • Assessor Parcel Number 111-16-054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,116

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: Grand and 16th Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: C-3
  • Number Of Buildings: 5
  • Ownership: Fee Simple
  • Year Built: 1925
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Painted
  • Roof: Composition, Rolled/Hot Mop

Garage/Parking

  • Parking Features: 1 Space/Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking Features Street Parking: Yes

Utilities

  • Electric: City Electric
  • Cooling: Evaporative Cooling
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 11220
  • Additional Parcels: Yes
  • Parcel #: 111-16-054

Multi Family

  • Owner Pays: See Remarks, Sewer
  • Number Of Units Total: 11

Tax Info

  • Tax Book Number: 111.00
  • Tax Lot: 19&21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Feb 19, 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
$1,530,000
Sold Price
$1,250,000
Premium/Discount to List
-$280,000
-18.3%
Views
3

Purchase Details

Closed on
Oct 15, 2024
Sold by
Green Home Rentals Llc
Bought by
Crown Investment Company

Purchase Details

Closed on
Oct 4, 2022
Sold by
Kirkland Charles
Bought by
Kirkland Charles and Kirkland-Lopez George

Purchase Details

Closed on
Dec 16, 2015
Sold by
Highlighter Llc
Bought by
Green Home Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2014
Sold by
Haddad Zuhair
Bought by
Short Term Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
May 13, 2004
Sold by
Suttle Rockie and Suttle Sylvia
Bought by
Haddad Zuhair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,400
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 1997
Sold by
Cook Patricia A
Bought by
Mcquillan David G
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 Type Sale Price Title Company
Special Warranty Deed $1,250,000 Landmark Title
Trustee Deed $1,237,569 None Listed On Document
Deed -- None Listed On Document
Special Warranty Deed $400,000 American Title Svc Agency Ll
Cash Sale Deed $270,000 American Title Svc Agency Ll
Warranty Deed $400,000 Stewart Title & Trust Of Pho
Warranty Deed $195,000 Old Republic Title Agency
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,000 Commercial
Previous Owner $128,000 Seller Take Back
Previous Owner $954,000 Commercial
Previous Owner $265,000 Commercial
Previous Owner $143,400 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Sold $1,250,000 -18.3% --
01/09/2025 01/09/25 Price Changed $1,530,000 0.0% --
01/09/2025 01/09/25 For Sale $1,530,000 0.0% --
12/03/2024 12/03/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $1,530,000 -- --
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 $2,116 $15,821 -- --
2024 $2,095 $15,067 -- --
2023 $2,095 $19,730 $3,700 $16,030
2022 $2,021 $17,370 $2,790 $14,580
2021 $2,006 $16,950 $2,790 $14,160
2020 $2,029 $16,570 $2,520 $14,050
2019 $2,025 $15,970 $2,510 $13,460
2018 $1,991 $15,300 $2,180 $13,120
2017 $1,945 $12,600 $2,270 $10,330
2016 $1,889 $11,940 $2,070 $9,870
2015 $1,748 $10,190 $1,930 $8,260
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    Beth Jo Zeitzer

    R.O.I. Properties

  • J

    Seller Co-Listing Agent in 2025

    Jake Vice

    R.O.I. Properties

  • N

    Buyer's Agent in 2025

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6775525

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-16-056

Arizona Maricopa County Phoenix 85007 Central City

1605 W Latham St, Phoenix, AZ

This home is located at 1605 W Latham St, Phoenix, AZ 85007 and is currently priced at $1,250,000. This property was built in 1925. 1605 W Latham St is a home located in Maricopa County with nearby schools including Capitol Elementary School, Phoenix Coding Academy, and Central High School.

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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