NOT LISTED FOR SALE

2918 E Roeser Rd Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $542,000 - $577,000

3 Beds
-- Bath
2,211 Sq Ft
$250/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $555,000 $251 Per Sq Ft

Current estimated payment $2,956/month

Highlights

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

About This Home

As of May 2024

Attention all investors! Great rental property centrally located in a high desirable area, with upside potentials. Triplex, 2 bed 1 bath each recently renovated. All units come with wash/dryer in unit. All units have lease agreements in place. Also selling 2922 E Roeser another triplex. Properties are currently being managed as a 6-unit apartment complex.

Last Agent to Sell the Property

Neila Garcia

West USA Realty License #SA648108000 Listed on: 03/22/2024

West USA Realty

Last Buyer's Agent

Bradley Magnant

eXp Realty License #SA706811000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $708

Year Built

  • Built in 1984

Lot Details

  • 7,449

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • T G Barr Elementary School
  • Irene Lopez Elementary Middle School
  • South Mountain High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 159
  • Assessor Parcel Number 122-61-098-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are 7444
  • Wier Estates Lots 159 168 Subdivision

Building Details

  • Operating Expense $708
  • Gross Income $49,351
  • Net Operating Income $46,353

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$708

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: 29th St and Roeser Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2023
  • Road Surface Type: Gravel
  • Subdivision Name: WIER ESTATES LOTS 159-168
  • Tax Parcel Letter: A
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Concrete
  • Appliances: Free-Standing Range, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Stucco, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0

Utilities

  • Electric: SRP
  • Cooling: Electric
  • 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: T G Barr School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Irene Lopez Elementary School

Lot Info

  • Lot Size: 7444
  • Additional Parcels: No
  • Parcel #: 122-61-098-A

Multi Family

  • Owner Pays: See Remarks, Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 49350.6
  • Property Net Operating Income: 46353.36
  • Annual Operating Expense: 708.04
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 708.04
  • Tax Book Number: 122.00
  • Tax Lot: 159

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 2, 2024
Sold by
Hummingbird Roeser Llc
Bought by
Mishra Ankur and Dwivedi Prerna
Seller's Agent
Neila Garcia
West USA Realty
Buyer's Agent
Bradley Magnant
eXp Realty
List Price
$549,990
Sold Price
$555,000
Premium/Discount to List
$5,010
0.91%
Views
20
Current Estimated Value
$552,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,625
Avg. Annual Appreciation
-0.29%
Original Mortgage
$416,250
Outstanding Balance
$392,862
Interest Rate
6.21%
Mortgage Type
New Conventional
Estimated Equity
$159,513

Purchase Details

Closed on
Mar 27, 2017
Sold by
Sanjel Krum Investments Az Llc
Bought by
Hummingbird Roeser Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2015
Sold by
Every Day Heaven Llc
Bought by
Sanjel Krum Investments Az Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 4, 2010
Sold by
Brandory Investments Llc
Bought by
Every Day Heaven Llc

Purchase Details

Closed on
Aug 31, 2010
Sold by
Cebe Habersky Jack V
Bought by
Brandory Investments Llc

Purchase Details

Closed on
Nov 19, 2007
Sold by
Cebe Habersky Allene
Bought by
Cebe Habersky Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2000
Sold by
Kelly Kenneth
Bought by
Cebe Habersky Jack W and Cebe Habersky Allene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
8.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 1998
Sold by
G & A Enterprises Ltd
Bought by
Kelly Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800
Interest Rate
6.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 26, 1994
Sold by
Wescap Mtg Company
Bought by
G & A Enterprises Ltd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Mishra Ankur $555,000 Navi Title Agency
Hummingbird Roeser Llc $126,000 Great American Title Agency
Sanjel Krum Investments Az Llc $90,000 Accommodation
Every Day Heaven Llc -- None Available
Everyday Heaven Llc -- None Available
Brandory Investments Llc $25,400 None Available
Cebe Habersky Jack -- Ticor Title Agency Of Az Inc
Cebe Habersky Jack W $78,000 Lawyers Title Of Arizona Inc
Kelly Kenneth $48,000 Transnation Title Ins Co
G & A Enterprises Ltd $30,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mishra Ankur $416,250
Previous Owner Hummingbird Roeser Llc $81,900
Previous Owner Sanjel Krum Investments Az Llc $105,000
Previous Owner Cebe Habersky Jack $136,500
Previous Owner Cebe Habersky Jack W $70,200
Previous Owner Kelly Kenneth $4,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $555,000 +0.9% $251 / Sq Ft
05/02/2024 05/02/24 Price Changed $549,990 0.0% $249 / Sq Ft
05/02/2024 05/02/24 For Sale $549,990 0.0% $249 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/21/2024 03/21/24 Price Changed $549,990 -- $249 / Sq Ft
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 $748 $4,961 -- --
2024 $708 $4,724 -- --
2023 $708 $31,400 $6,280 $25,120
2022 $694 $22,050 $4,410 $17,640
2021 $708 $18,120 $3,620 $14,500
2020 $699 $14,700 $2,940 $11,760
2019 $677 $14,510 $2,900 $11,610
2018 $658 $11,860 $2,370 $9,490
2017 $628 $7,850 $1,570 $6,280
2016 $597 $6,680 $1,330 $5,350
2015 $562 $5,500 $1,100 $4,400
Source: Public Records

Agents Affiliated with this Home

  • Neila Garcia

    Seller's Agent in 2024

    Neila Garcia

    West USA Realty

    (602) 487-8663

    20 in this area

    116 Total Sales

    Neila Garcia
    Section Image
  • Bradley Magnant

    Buyer's Agent in 2024

    Bradley Magnant

    eXp Realty

    (630) 797-0196

    3 in this area

    17 Total Sales

    Bradley Magnant
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6680086

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-61-098A

Arizona Maricopa County Phoenix 85040 South Mountain

2918 E Roeser Rd, 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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