NOT LISTED FOR SALE

1942 E Roosevelt St Phoenix, AZ 85006

Central City Neighborhood

Estimated Value: $468,226

Studio
-- Baths
4,082 Sq Ft
$115/Sq Ft Est. Value

Sale Details

Date Sold: October 16, 2017

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

Est. 118% increase in value since last sale

Current estimated payment $2,858 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,805

Year Built

  • Built in 1948

Lot Details

  • 12,663 Sq Ft 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$468,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,226
Avg. Annual Appreciation
9.11%
Original Mortgage
$181,000
Outstanding Balance
$147,116
Interest Rate
3.82%
Mortgage Type
Commercial
Estimated Equity
$321,110

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Central City, AZ

  • Ginny Solis-Wright Real Estate Agent - W and Partners, LLC

    Ginny Solis-Wright

    W and Partners, LLC

    (480) 933-4418

    149 Total Sales

    1 in Central City

    $530,000 Price

    Ginny Solis-Wright
     Section Image
  • Melissa Gasper Real Estate Agent - Realty ONE Group

    Melissa Gasper

    Realty ONE Group

    (855) 952-1092

    100 Total Sales

    3 in Central City

    $180K - $585K Price Range

    Melissa Gasper
     Section Image
  • Christi Lott Real Estate Agent - Keller Williams, Professional Partners

    Christi Lott

    Responds Quickly

    Keller Williams, Professional Partners

    (623) 552-4966

    58 Total Sales

    1 in Central City

    $260,000 Price

    Christi Lott
     Section Image
  • Alexander Prewitt Real Estate Agent - Real Broker

    Alexander Prewitt

    Real Broker

    (520) 214-6602

    436 Total Sales

    2 in Central City

    $350K - $545K Price Range

    Alexander Prewitt
     Section Image
  • Sarah McNurlin Real Estate Agent - Arizona Best Real Estate

    Sarah McNurlin

    Responds Quickly

    Arizona Best Real Estate

    (406) 763-7948

    79 Total Sales

    1 in Central City

    $300,000 Price

    Sarah McNurlin
     Section Image
  • Olga Boyke Real Estate Agent - eXp Realty

    Olga Boyke

    eXp Realty

    (623) 404-8475

    54 Total Sales

    1 in Central City

    $365,000 Price

    Olga Boyke
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$215,000 Chicago Title Agency Inc
Ramirez Eduardo F -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $181,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2015 $2,640 $15,432 $6,296 $9,136
Source: Public Records

Agents Affiliated with this Home

  • WC

    Seller's Agent in 2017

    William Clarkson

    Realty Executives

  • Gabe Urias Real Estate Agent - Fathom Realty Elite

    Seller Co-Listing Agent in 2017

    Gabe Urias

    Fathom Realty Elite

    (480) 358-5982

    11 Total Sales

    Gabe Urias
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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

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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