NOT LISTED FOR SALE

1942 E Roosevelt St Phoenix, AZ 85006

Central City Neighborhood

Estimated Value: $507,000 - $662,242

Studio
-- Bath
4,082 Sq Ft
$143/Sq Ft Est. Value

Last Sold October 16, 2017

Last sale price $215,000 $53 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $3,196/month

533 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Wood Fence
  • 2-minute walk to Edison Park

About This Home

As of October 2017

Rare Retail Building approx. 2,832 sf and rented Duplex combined in Central Phoenix location near St. Lukes Medical, Edison Park, Edison Elementary and New Multi-Family under construction. Priced to sell

Last Agent to Sell the Property

William Clarkson

AZ Brokerage Holdings, LLC License #BR008674000 Listed on: 08/22/2016

Co-Listed By

Gabe Urias

Fathom Realty Elite License #SA580015000

Fathom Realty Elite

Last Buyer's Agent

Gabe Urias

AZ Brokerage Holdings, LLC License #SA580015000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,805

Year Built

  • Built in 1948

Lot Details

  • 0.29 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Property is zoned C-1

Home Design

  • 4,082 Sq Ft Home
  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete

Parking

  • 11 Open Parking Spaces
  • 11 Parking Spaces
  • Free Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 116-12-129-B

Community Details

Overview

  • 2 Buildings
  • Building Dimensions are 100' x 126' +-
  • Roosevelt Homes Subdivision

Building Details

  • Operating Expense $4,245
  • Gross Income $23,484
  • Net Operating Income $20,332

Property Details

Property Type

Other

Est. Annual Taxes

$2,805

Year Built

Built in 1948

Lot Details

0.29 Acres

Listing Details

  • Cross Street: Roosevelt and 20th St.
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Bay Info Bay Size: 0
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1948
  • Tax Year: 2016
  • Lot Size Acres: 0.29
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: reax15
  • Co List Office Phone: 480-839-2600
  • Subdivision Name: ROOSEVELT HOMES
  • Structure Type: Commercial
  • Tax Parcel Letter: B
  • Electric 220: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Concrete
  • Living Area: 4082.0

Exterior Features

  • Fencing: Chain Link, Wood
  • Disclosures: None
  • Construction Type: Block
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 11.0
  • Total Parking Spaces: 11.0
  • General Property Description:Uncvrd Parking Spcs: 11.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking Features Paved Parking: Yes
  • Parking Features Free: Yes
  • Parking Features Fenced: Yes

Utilities

  • Electric: 220 Volts, APS
  • Cooling: Central Air, Office Evap
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Fee Information

  • Trash Expense: 1440.0

Lot Info

  • Lot Size: 100' x 126' +-
  • Lot Size Sq Ft: 12663.0
  • Parcel #: 116-12-129-B

Multi Family

  • Annual Gross Income: 23484.0
  • Property Net Operating Income: 20332.0
  • Annual Operating Expense: 4245.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2805.0
  • Tax Book Number: 116.00
  • Tax Lot: 6
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2016
Closed on
Oct 11, 2017
Sold by
Ramirez Daniel P and Ramirez Diana M
Bought by
Billy S Holdings Llc
Seller's Agent
William Clarkson
AZ Brokerage Holdings, LLC
Buyer's Agent
Gabe Urias
Fathom Realty Elite
List Price
$300,000
Sold Price
$215,000
Premium/Discount to List
-$85,000
-28.33%
Current Estimated Value
$563,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,875
Avg. Annual Appreciation
12.55%
Original Mortgage
$181,000
Outstanding Balance
$151,186
Interest Rate
3.82%
Mortgage Type
Commercial
Estimated Equity
$430,561

Purchase Details

Closed on
Aug 30, 2006
Sold by
Ramirez Eduardo F and Ramirez Dalia
Bought by
Ramirez Eduardo F and Ramirez Dalia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Billy S Holdings Llc $215,000 Chicago Title Agency Inc
Ramirez Eduardo F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Billy S Holdings Llc $181,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2017 10/16/17 Sold $215,000 -28.3% $53 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
02/17/2016 02/17/16 For Sale $300,000 -- $73 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $3,139 $22,098 -- --
2024 $3,049 $21,507 -- --
2023 $3,049 $33,727 $17,580 $16,147
2022 $2,926 $28,443 $13,576 $14,867
2021 $2,969 $28,680 $13,867 $14,813
2020 $3,011 $26,007 $11,310 $14,697
2019 $3,016 $22,000 $7,911 $14,089
2018 $2,968 $20,609 $6,708 $13,901
2017 $2,888 $18,375 $6,979 $11,396
2016 $2,805 $17,048 $6,347 $10,701
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2017

    William Clarkson

    Realty Executives

  • Gabe Urias

    Seller Co-Listing Agent in 2017

    Gabe Urias

    Fathom Realty Elite

    (480) 358-5982

    10 Total Sales

    Gabe Urias
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5403009

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-12-129B

Arizona Maricopa County Phoenix 85006 Central City

1942 E Roosevelt St, Phoenix, AZ

Not Listed for Sale

Other

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
Your Personal Tour Guide

Ask me questions while you tour the home.