NOT LISTED FOR SALE

2922 E Roeser Rd Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $539,788 - $576,000

3 Beds
-- Bath
2,211 Sq Ft
$254/Sq Ft Est. Value

Last Sold May 03, 2024

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

Est. 1% increase in value since last sale

Current estimated payment $3,169/month

9 Days on Market

Highlights

  • Central Heating and Cooling System
  • Phoenix Coding Academy Rated A
  • Concrete Flooring

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 washer/dryer in unit. Also selling 2918 E Roeser another triplex. Properties are currently being managed as a 6-unit apartment complex.

Last Listed By

Neila Garcia

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

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $713

Year Built

  • Built in 1984

Lot Details

  • 7,667

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete
  • Vinyl

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

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

Community Details

Overview

  • 3 Units
  • Building Dimensions are 7657
  • Wier Estates Lots 159 168 Subdivision

Building Details

  • Operating Expense $713
  • Gross Income $50,160
  • Net Operating Income $47,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$713

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: 29th St & 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: B
  • Cooling:Central Air: 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: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes

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: 7657
  • Additional Parcels: No
  • Parcel #: 122-61-098-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 50160.0
  • Property Net Operating Income: 47400.0
  • Annual Operating Expense: 712.76
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 712.76
  • 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 Ii Llc
Bought by
Mishra Ankur and Dwivedi Prerna
Seller's Agent
Neila Garcia
West USA Realty
Buyer's Agent
Bradley Magnant
Citiea
List Price
$549,990
Sold Price
$555,000
Premium/Discount to List
$5,010
0.91%
Total Days on Market
9
Views
21
Current Estimated Value
$560,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,697
Avg. Annual Appreciation
1.02%
Original Mortgage
$416,250
Outstanding Balance
$400,379
Interest Rate
6.21%
Mortgage Type
New Conventional
Estimated Equity
$160,318

Purchase Details

Closed on
Jan 25, 2019
Sold by
Moody Patrick J
Bought by
Hummingbird Roeser Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 1, 2005
Sold by
Yazzie Jonathan
Bought by
Moody Patrick J

Purchase Details

Closed on
Jul 27, 2000
Sold by
Little Ernestine P
Bought by
Yazzie Jonathan

Range of Values:

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
Mishra Ankur $555,000 Navi Title Agency
Hummingbird Roeser Ii Llc $170,000 First American Title Insuran
Moody Patrick J -- --
Yazzie Jonathan $50,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mishra Ankur $416,250
Previous Owner Hummingbird Roser Ii Llc $175,000
Previous Owner Hummingbird Roeser Ii Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
03/22/2024 03/22/24 For Sale $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 $734 $4,994 -- --
2024 $713 $4,756 -- --
2023 $713 $31,500 $6,300 $25,200
2022 $698 $22,110 $4,420 $17,690
2021 $713 $18,200 $3,640 $14,560
2020 $704 $14,760 $2,950 $11,810
2019 $681 $14,550 $2,910 $11,640
2018 $663 $11,880 $2,370 $9,510
2017 $632 $7,870 $1,570 $6,300
2016 $601 $6,700 $1,340 $5,360
2015 $566 $5,510 $1,100 $4,410
Source: Public Records

Agents Affiliated with this Home

  • Neila Garcia

    Seller's Agent in 2024

    Neila Garcia

    West USA Realty

    (602) 487-8663

    24 in this area

    126 Total Sales

    Neila Garcia
    Section Image
  • Bradley Magnant

    Buyer's Agent in 2024

    Bradley Magnant

    Citiea

    (630) 797-0196

    3 in this area

    13 Total Sales

    Bradley Magnant
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6680092

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-61-098B

Arizona Maricopa County Phoenix 85040 South Mountain

2922 E Roeser Rd, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 2922 E Roeser Rd, Phoenix, AZ 85040 since 22 March 2024 and is currently estimated at $560,697, approximately $253 per square foot. This property was built in 1984. 2922 E Roeser Rd is a home located in Maricopa County with nearby schools including Percy L Julian School, South Mountain High School, and Phoenix Coding Academy.

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