NOT LISTED FOR SALE

2928 E Roeser Rd Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $503,000 - $645,906

6 Beds
4 Baths
2,486 Sq Ft
$228/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $425,000 $171 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,318/month

270 Days on Market

Highlights

  • Multiple cooling system units
  • Ceiling Fan
  • Multiple Heating Units
  • Phoenix Coding Academy Rated A
  • Vinyl Flooring

About This Home

As of June 2021

Newly built 2485 SF. A total of 2 spacious and great floor plan Condos. All rented for an excellent cash flow with over 7% Return on Investment (ROI). Central location by Sky Harbor Airport and major businesses, with easy access to all major Highways.

Last Agent to Sell the Property

AJ Casem

Realty USA Southwest License #SA646168000 Listed on: 08/27/2020

Last Buyer's Agent

Jill Spurlock

Realty ONE Group License #SA671506000

Realty ONE Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $304

Year Built

  • Built in 2018

Lot Details

  • 7,275

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Common or Shared Parking
  • Free Parking
  • Paved Parking
  • On-Street Parking
  • Assigned Parking

Schools

  • Roosevelt Elementary School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer, cable TV, landscaping
  • Tax Lot 158
  • Assessor Parcel Number 122-60-109-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7293

Building Details

  • Operating Expense $304
  • Gross Income $30,000
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$304

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Cross Street: 32nd Street and Roeser Road
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2018
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: BI Oven/Range, Microwave, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free, Assigned, >1 Space Per Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric, Heat Pump, Individual, 2 or More Units
  • Heating: Individual, Heat Pump, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

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

Lot Info

  • Lot Size: 7293
  • Additional Parcels: No
  • Parcel #: 122-60-109-A

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 30000.0
  • Property Net Operating Income: 30000.0
  • Annual Operating Expense: 304.0

Tax Info

  • Tax Annual Amount: 304.0
  • Tax Book Number: 122.00
  • Tax Lot: 158

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2019
Sold by
Warrayat Sallah
Bought by
Warrayat Faisal
Current Estimated Value
$566,727

Purchase Details

Closed on
Aug 10, 2015
Sold by
Paradise Baptist State Convention Of Ari
Bought by
Warrayat Sallah
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
Warrayat Faisal $17,000 None Available
Warrayat Sallah $10,000 Stewart Title & Trust Of Pho
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2021 06/22/21 Sold $425,000 0.0% $171 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
03/01/2021 03/01/21 Off Market $425,000 -- --
08/27/2020 08/27/20 For Sale $425,000 -- $171 / 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 $4,081 $27,070 -- --
2024 $3,863 $25,781 -- --
2023 $3,863 $36,660 $7,330 $29,330
2022 $3,786 $24,750 $4,950 $19,800
2021 $3,863 $24,460 $2,980 $21,480
2020 $3,815 $30,300 $2,270 $28,030
2019 $304 $3,375 $3,375 $0
2018 $296 $2,415 $2,415 $0
2017 $282 $1,875 $1,875 $0
2016 $269 $1,845 $1,845 $0
2015 $270 $2,384 $2,384 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    AJ Casem

    Realty USA Southwest

    (480) 289-1667

    1 in this area

    5 Total Sales

    AJ Casem
    Section Image
  • Jill Spurlock

    Buyer's Agent in 2021

    Jill Spurlock

    Realty One Group

    (480) 512-1104

    1 in this area

    16 Total Sales

    Jill Spurlock
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6124680

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-60-109A

Arizona Maricopa County Phoenix 85040 South Mountain

2928 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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