S
Seller's Agent in 2020
Shara Terry
Berkshire Hathaway HomeServices Arizona Properties
1616 S Roosevelt St Tempe, AZ 85281
Marilyn Ann NeighborhoodEstimated Value: $830,000 - $885,302
6
Beds
4
Baths
2,656
Sq Ft
$321/Sq Ft
Est. Value
Highlights
- Private Pool
- 0.43 Acre Lot
- 1 Fireplace
- RV Gated
- Two Primary Bathrooms
- 3-minute walk to Clark Park
About This Home
As of July 2020Perfect opportunity to own a single story home on a double lot just minutes away from ASU and Downtown Tempe. Freshly painted, low maintenance tile and ceiling fans throughout, pebble tec pool and spa, ugraded vanities, extended covered patio and outdoor firepit and RV gate. Leases for just under a 9% Cap Rate for a solid investment. Currently vacant and ready to show with future tenants awaiting. Jump on one of the six free Orbit routes to take you to your destination within Tempe!
Last Agent to Sell the Property
Shara Terry
Berkshire Hathaway HomeServices Arizona Properties License #SA578470000 Listed on: 06/16/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,313
Year Built
- Built in 1964
Lot Details
- 0.43 Acre Lot
- Block Wall Fence
- Grass Covered Lot
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- 2,656 Sq Ft Home
- 1-Story Property
- Ceiling height of 9 feet or more
- 1 Fireplace
- Tile Flooring
- Gas Cooktop
Bedrooms and Bathrooms
- 6 Bedrooms
- Two Primary Bathrooms
- 4 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Parking
- 4 Open Parking Spaces
- 1 Carport Space
- RV Gated
Pool
- Private Pool
- Spa
Schools
- Holdeman Elementary School
- Geneva Epps Mosley Middle School
- Tempe High School
Utilities
- Refrigerated Cooling System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Association fees include no fees
- Marilyn Ann Unit 1 Subdivision
Listing and Financial Details
- Tax Lot B
- Assessor Parcel Number 124-66-084
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 26, 2022
Sold by
Lovet Or Leave It Llc
Bought by
Investments Vargas Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,887,900
Outstanding Balance
$1,819,356
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
-$960,376
Purchase Details
Listed on
Jun 16, 2020
Closed on
Jul 14, 2020
Sold by
Fernandez Christian and Fernandez Stefanie Ann
Bought by
Lovet Or Leave It Llc
Seller's Agent
Shara Terry
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Lauren Vargas
Charles Edward Realty
List Price
$600,000
Sold Price
$575,000
Premium/Discount to List
-$25,000
-4.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$517,500
Interest Rate
3.1%
Mortgage Type
Commercial
Purchase Details
Listed on
Dec 9, 2017
Closed on
Mar 8, 2018
Sold by
Panagiotakopoulos Alexander
Bought by
Fernandez Christian and Fernandez Stefanie Ann
Seller's Agent
Breena Westfall
The Brokery
Buyer's Agent
Shara Terry
HomeSmart
List Price
$549,000
Sold Price
$457,000
Premium/Discount to List
-$92,000
-16.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$365,600
Interest Rate
4.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 27, 2012
Sold by
Panagiotakopoulos Christo
Bought by
Panagiotakopoulos Alexander
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 26, 2009
Sold by
Dane Financial Inc
Bought by
Panagiotakopoulos Christo
Purchase Details
Closed on
Jun 7, 2009
Sold by
Wingersky Mike
Bought by
Dane Financial Inc
Purchase Details
Closed on
Oct 29, 2007
Sold by
Davidoff Ronald A
Bought by
Wingersky Mike
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.29%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 26, 2006
Sold by
Marken Ventures Llc
Bought by
Selective Marketing & Investment Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 25, 2006
Sold by
Selective Marketing & Investments Inc
Bought by
Davidoff Ronald A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 19, 2005
Sold by
Yu Sheng Long J
Bought by
Marken Venture Llc
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Investments Vargas Llc | -- | American Title Services | |
| Lovet Or Leave It Llc | $575,000 | American Title Svc Agcy Llc | |
| Fernandez Christian | $457,000 | American Title Service Agenc | |
| Panagiotakopoulos Alexander | $240,000 | American Title Service Agenc | |
| Panagiotakopoulos Christo | $180,000 | Magnus Title Agency | |
| Dane Financial Inc | -- | Magnus Title Agency | |
| Wingersky Mike | $350,000 | Pioneer Title Agency Inc | |
| Selective Marketing & Investment Inc | -- | The Talon Group | |
| Davidoff Ronald A | $327,750 | Grand Canyon Title Agency In | |
| Marken Venture Llc | $310,000 | Camelback Title Agency Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Investments Vargas Llc | $1,887,900 | |
| Previous Owner | Lovet Or Leave It Llc | $517,500 | |
| Previous Owner | Fernandez Christian | $365,600 | |
| Previous Owner | Panagiotakopoulos Alexander | $145,000 | |
| Previous Owner | Panagiotakopoulos Alexander | $192,000 | |
| Previous Owner | Wingersky Mike | $330,000 | |
| Previous Owner | Selective Marketing & Investment Inc | $327,750 | |
| Previous Owner | Yu Sheng Long | $132,700 | |
| Previous Owner | Yu Sheng Long | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2020 07/20/20 | Sold | $575,000 | -4.2% | $216 / Sq Ft |
| 07/18/2020 07/18/20 | For Sale | $600,000 | 0.0% | $226 / Sq Ft |
| 07/18/2020 07/18/20 | Price Changed | $600,000 | 0.0% | $226 / Sq Ft |
| 06/16/2020 06/16/20 | For Sale | $600,000 | +31.3% | $226 / Sq Ft |
| 03/16/2018 03/16/18 | Sold | $457,000 | -5.8% | $172 / Sq Ft |
| 02/09/2018 02/09/18 | Pending | -- | -- | -- |
| 01/24/2018 01/24/18 | Price Changed | $485,000 | -2.5% | $183 / Sq Ft |
| 01/19/2018 01/19/18 | Price Changed | $497,499 | 0.0% | $187 / Sq Ft |
| 01/10/2018 01/10/18 | Price Changed | $497,500 | -2.4% | $187 / Sq Ft |
| 12/15/2017 12/15/17 | Price Changed | $509,500 | -7.2% | $192 / Sq Ft |
| 12/09/2017 12/09/17 | For Sale | $549,000 | -- | $207 / 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 | $3,650 | $32,585 | -- | -- |
| 2024 | $3,606 | $31,034 | -- | -- |
| 2023 | $3,606 | $62,350 | $12,470 | $49,880 |
| 2022 | $3,459 | $41,460 | $8,290 | $33,170 |
| 2021 | $3,483 | $39,370 | $7,870 | $31,500 |
| 2020 | $3,377 | $37,000 | $7,400 | $29,600 |
| 2019 | $3,313 | $35,370 | $7,070 | $28,300 |
| 2018 | $3,231 | $29,220 | $5,840 | $23,380 |
| 2017 | $3,135 | $27,650 | $5,530 | $22,120 |
| 2016 | $3,113 | $27,460 | $5,490 | $21,970 |
| 2015 | $2,990 | $25,510 | $5,100 | $20,410 |
Source: Public Records
Agents Affiliated with this Home
-
-
Lauren Vargas
Buyer's Agent in 2020
Lauren Vargas
Charles Edward Realty
(650) 222-0650
1 in this area
74 Total Sales
-
Breena Westfall
B
Seller's Agent in 2018
Breena Westfall
The Brokery
(480) 266-8313
39 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6091629
APN: 124-66-084
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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