NOT LISTED FOR SALE

2223 E Roosevelt St Phoenix, AZ 85006

Central City Neighborhood

Estimated Value: $542,000 - $1,203,000

Studio
-- Bath
2,552 Sq Ft
$377/Sq Ft Est. Value

Last Sold March 01, 2012

Last sale price $47,000 $18 Per Sq Ft

Est. 1,950% increase in value since last sale

Current estimated payment $5,039/month

6 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of March 2012

HUD HOME. This is a triplex. Property is a fixer-upper. Sit's on a corner lot. Continued Disclosures: Per the PCR - The electric evaporative cooler / heater was not operational at inspection, Replace missing vent covers, Evidence of defective paint, Repairs exceed $5,000, 3 units. LBP Addendum. Sq. Ft. 2,531 by Appraiser

Last Agent to Sell the Property

Victor Vidales

RE/MAX Desert Showcase License #SA552425000 Listed on: 12/08/2011

RE/MAX Desert Showcase

Co-Listed By

Samuel Nunez

eXp Realty License #SA568197000

Last Buyer's Agent

Vincenzo Salvo

Century 21 All Star, REALTORS License #SA635754000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $682

Year Built

  • Built in 1952

Lot Details

  • 6,752

Parking

  • On-Street Parking

Home Design

  • Composition Roof
  • Block Exterior

Schools

  • Excelencia Elementary And Middle School
  • Camelback High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 116-03-013

Community Details

Overview

  • 3 Units
  • Building Dimensions are 0.16
  • Bumbalow Heights Blk 3 Subdivision

Building Details

  • Operating Expense $682

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$682

Year Built

Built in 1952

Lot Details

6,752 Sq Ft Lot

Listing Details

  • Cross Street: 24th ST & Roosevelt St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1952
  • Tax Year: 2011
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: rmnh01
  • Co List Office Phone: 602-296-0100
  • Subdivision Name: Bumbalow Heights BLK 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Street Parking
  • Attached Garage: No
  • Parking:Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Other, See Remarks
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Excelencia School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Excelencia School

Lot Info

  • Lot Size: 0.16
  • Additional Parcels: No
  • Parcel #: 116-03-013

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 3
  • Annual Operating Expense: 681.76

Tax Info

  • Tax Annual Amount: 681.76
  • Tax Book Number: 116.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2019
Sold by
Musa Duro
Bought by
Duromax Llc
Current Estimated Value
$963,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,600
Outstanding Balance
$611,798
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$351,535

Purchase Details

Closed on
Apr 21, 2014
Sold by
Duromax Llc
Bought by
Musa Duro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,400
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 8, 2011
Closed on
Feb 29, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Duromax Llc
Seller's Agent
Victor Vidales
RE/MAX Desert Showcase
Buyer's Agent
Vincenzo Salvo
Century 21 All Star, REALTORS
List Price
$47,000
Sold Price
$47,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.12%
Original Mortgage
$25,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2011
Sold by
Flagstar Bank Fsb
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Nov 18, 2010
Sold by
Cervantes Zenaido A and Cervantes Irene
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Jul 1, 2008
Sold by
Cervantes Irene
Bought by
Cervantes Zenaido A and Cervantes Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,395
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2005
Sold by
Cervantes Zenaido and Cervantes Irene
Bought by
Cervantes Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
8.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 1999
Sold by
Zavala Romeo V and Zavala Herminia R
Bought by
Cervantes Zenaido and Cervantes Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,260
Interest Rate
6.76%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Duromax Llc -- Pioneer Title Agency Inc
Musa Duro -- Pioneer Title Agency Inc
Duromax Llc -- Grand Canyon Title Agency
Secretary Of Housing & Urban Development -- Great American Title Agency
Flagstar Bank Fsb $208,836 Great American Title Agency
Cervantes Zenaido A -- Grand Canyon Title Agency In
Cervantes Irene -- Fidelity National Title
Cervantes Zenaido $58,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duromax Llc $704,600
Previous Owner Musa Duro $43,400
Previous Owner Duromax Llc $25,000
Previous Owner Cervantes Zenaido A $195,395
Previous Owner Cervantes Irene $187,000
Previous Owner Cervantes Zenaido $57,260
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2012 03/01/12 Sold $47,000 0.0% $18 / Sq Ft
12/14/2011 12/14/11 Pending -- -- --
12/08/2011 12/08/11 For Sale $47,000 -- $18 / 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 $923 $6,833 -- --
2024 $878 $6,507 -- --
2023 $878 $32,110 $6,420 $25,690
2022 $844 $23,680 $4,730 $18,950
2021 $864 $20,910 $4,180 $16,730
2020 $843 $17,520 $3,500 $14,020
2019 $837 $14,310 $2,860 $11,450
2018 $820 $12,670 $2,530 $10,140
2017 $788 $11,000 $2,200 $8,800
2016 $758 $8,560 $1,710 $6,850
2015 $705 $7,360 $1,470 $5,890
Source: Public Records

Agents Affiliated with this Home

  • Victor Vidales

    Seller's Agent in 2012

    Victor Vidales

    RE/MAX

    (602) 617-8293

    2 in this area

    79 Total Sales

    Victor Vidales
    Section Image
  • Samuel Nunez

    Seller Co-Listing Agent in 2012

    Samuel Nunez

    eXp Realty

    (602) 653-6653

    3 in this area

    109 Total Sales

    Samuel Nunez
    Section Image

  • V

    Buyer's Agent in 2012

    Vincenzo Salvo

    Century 21 All Star, REALTORS

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4687087

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-03-013

Arizona Maricopa County Phoenix 85006 Central City

2223 E Roosevelt St, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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