NOT LISTED FOR SALE

304 W Roosevelt St Unit 104 Phoenix, AZ 85003

Downtown Phoenix Neighborhood

Estimated Value: $474,000 - $604,000

1 Bed
1.5 Baths
1,141 Sq Ft
$220/mo HOA Fee

Last Sold January 13, 2012

Last sale price $148,000 $130 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $3,167/month

268 Days on Market

Highlights

  • The property is located in a historic district
  • Gated Parking
  • Contemporary Architecture
  • Phoenix Coding Academy Rated A
  • City Lights View
  • 3-minute walk to Roosevelt Mini Park

About This Home

As of January 2012

APPROVED SHORT SALE (8/11) & BUYER WALKED-ONLY 1 LENDER! BRING OFFER FAST! AMAZING Downtown Urban Living in the Heart of the Roosevelt Historic District! A piece of Phoenix History w/ Today's MODERN, HIP & CHIC Finishes & Conveniences! The FONTENELLE was incredibly RESTORED & RE-BUILT in 2004 w/ Original RED BRICK exterior 'shell' and NEW WINDOWS, DOORS, ELECTRIC, PLUMBING, and HEATING/COOLING SYSTEMS. HIP URBAN INTERIOR: EXPOSED BRICK, BEAMS & DUCTWORK and SCORED & POLISHED CONCRETE FLOORS INDUSTRICAL STEEL STAIRCASE Upper level LOFT Bedroom, Office, and LUXURIOUS BATH w/ JETTED TUB, Separate Shower & DUAL VESSEL-SINK Vanity. GOURMET KITCHEN w/ Cherry Cabinetry, Granite Counters, GE Monogram Appliances. LOCATED at HEART OF HISTORIC & ART DISTRICTS close to ROOSEVELT LIGHT RAIL STATION.

Last Agent to Sell the Property

Shelly Lane

Compass License #SA526973000 Listed on: 11/29/2010

Compass

Co-Listed By

Christopher Paris

Christopher A Paris License #BR538472000

Last Buyer's Agent

Bill Brandt

Coldwell Banker Realty License #BR519531000

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,695

Year Built

  • Built in 2004

Lot Details

  • Two or More Common Walls
  • Wrought Iron Fence
  • Grass Covered Lot

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Garage Door Opener
  • Gated Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 1,141 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • City Lights Views
  • Built-In Microwave

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom
  • 1.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop
  • The property is located in a historic district

Schools

  • Kenilworth Elementary School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Fontenelle Lofts In Roosevelt Historic District Subdivision, Urban Loft Floorplan

Listing and Financial Details

  • Tax Lot 104
  • Assessor Parcel Number 111-32-111

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,695

Year Built

Built in 2004

Lot Details

0

HOA Fees

$220 per month

Parking

1

Listing Details

  • Cross Street: 3rd AV & ROOSEVELT ST
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Total Monthly Fee Equivalent: 220.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2004
  • Tax Year: 2010
  • Directions: 3rd AV & ROOSEVELT: BUILDING ON NW CORNER - UNIT ON NW CORNER OF BLDG: PLS PARK ON EAST SIDE OF 3rd AV ON PORTLAND ST (1 STREET NORTH OF ROOSEVELT)
  • Master Model: URBAN LOFT
  • Property Sub Type: Loft Style
  • Horses: No
  • Lot Size Acres: 0.01
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: FONTENELLE LOFTS in ROOSEVELT HISTORIC DISTRICT
  • Architectural Style: Contemporary
  • Efficiency: Multi-Pane Wndws
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 220.0
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Wood, Concrete
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, 9+ Flat Ceilings, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 1141.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Patio
  • Lot Features: Grass Front
  • Pool Features: None
  • Pool Private: No
  • View: City Lights
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Brick Veneer, Brick
  • Roof: Built-Up
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Gated
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Gated Parking: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Historic District
  • Amenities: Rental OK (See Rmks), Self Managed
  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

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

Lot Info

  • Lot Size Sq Ft: 605.0
  • Parcel #: 111-32-111
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 2695.0
  • Tax Book Number: 111.00
  • Tax Lot: 104
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2010
Closed on
Jan 3, 2012
Sold by
Ac Housing Llc
Bought by
Rees Rebecca
Seller's Agent
Shelly Lane
Compass
Buyer's Agent
Bill Brandt
Coldwell Banker Realty
List Price
$200,000
Sold Price
$148,000
Premium/Discount to List
-$52,000
-26%
Current Estimated Value
$530,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,568
Avg. Annual Appreciation
9.86%
Original Mortgage
$118,400
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2010
Sold by
Craft Alissa
Bought by
Ac2 Housing Llc

Purchase Details

Closed on
Nov 14, 2008
Sold by
Craft Alissa
Bought by
Craft Alissa and The Alissa Craft Revocable Trust

Purchase Details

Closed on
Dec 2, 2005
Sold by
Wetzel James T
Bought by
Craft Alissa P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2005
Sold by
Fontenelle Lofts Llc
Bought by
Wetzel James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
8.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 15, 2004
Sold by
Wetzel Heather
Bought by
Wetzel James T
Source: Public Records

Range of Values:

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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
Rees Rebecca $148,000 Equity Title Agency Inc
Ac2 Housing Llc -- None Available
Craft Alissa -- None Available
Craft Alissa P $424,000 Capital Title Agency Inc
Wetzel James T $261,960 Capital Title Agency Inc
Wetzel James T -- Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rees Rebecca Sue Mceachre $165,000
Closed Rees Rebecca $25,000
Closed Rees Rebecca $213,000
Closed Rees Rebecca $200,000
Closed Rees Rebecca $186,500
Closed Rees Rebecca $165,000
Closed Rees Rebecca $153,750
Closed Rees Rebecca $118,400
Previous Owner Craft Alissa P $339,200
Previous Owner Wetzel James T $248,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2012 01/13/12 Sold $148,000 -10.3% $130 / Sq Ft
05/21/2011 05/21/11 Price Changed $165,000 -4.6% $145 / Sq Ft
03/01/2011 03/01/11 Price Changed $173,000 -6.5% $152 / Sq Ft
01/20/2011 01/20/11 Price Changed $185,000 -7.5% $162 / Sq Ft
11/29/2010 11/29/10 For Sale $200,000 -- $175 / 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 $1,440 $10,771 -- --
2024 $1,426 $10,258 -- --
2023 $1,426 $20,225 $4,045 $16,180
2022 $1,376 $17,025 $3,405 $13,620
2021 $1,365 $16,390 $3,275 $13,115
2020 $1,381 $16,110 $3,220 $12,890
2019 $1,379 $14,505 $2,900 $11,605
2018 $1,355 $12,650 $2,530 $10,120
2017 $1,324 $10,155 $2,030 $8,125
2016 $1,286 $9,590 $1,915 $7,675
2015 $1,190 $7,600 $1,520 $6,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4501236

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-32-111