NOT LISTED FOR SALE

425 S Roosevelt St Tempe, AZ 85281

Riverside Neighborhood

Estimated Value: $461,000 - $514,000

2 Beds
2.5 Baths
1,437 Sq Ft
$339/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $480,000 $334 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,142/month

18 Days on Market

Highlights

  • Transportation Service
  • Contemporary Architecture
  • Vaulted Ceiling
  • Mountain View
  • Property is near public transit
  • Wood Flooring

About This Home

As of September 2023

425 loft, spacious modern industrial 2 bedroom, 2.5 bath, laundry, dining room, and 2 car garage home in quaint 7 unit complex. Walking distance to Tempe town lake, ASU, Artsy downtown Tempe, light rail, and Mill Ave. Loft features stunning 2 story ceilings, 3rd floor steel balcony, wood blinds, natural stone counters and appliances, custom lighting, stained concrete and hardwood floors.

Last Agent to Sell the Property

Roger Malcolm

Realty Executives Arizona Territory License #SA022222000 Listed on: 07/16/2023

Realty Executives Arizona Territory

Last Buyer's Agent

Chun-Hao Chen

Fujing Realty License #BR554323000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,300

Year Built

  • Built in 2006

Lot Details

  • 1,317 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Private Streets
  • Desert faces the front and back of the property

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 1,437 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 124-32-129

Community Details

Overview

  • Association fees include roof repair, ground maintenance, street maintenance, front yard maint, roof replacement
  • Brown Communities Association, Phone Number (480) 539-1306
  • Built by tempe lofts
  • 5Th Street Lofts Subdivision

Amenities

  • Transportation Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,300

Year Built

Built in 2006

Lot Details

0

HOA Fees

$260 per month

Parking

2

Listing Details

  • Cross Street: 5th Street and Roosevelt
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 260.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2022
  • Directions: from 5th and Mill go west to Roosevelt, turn right , unit on the right.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: 5th Street Lofts
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 260.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Tile, Wood, Concrete
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1437.0
  • Stories: 3
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Near Light Rail Stop: Yes
  • Community Features:Transportation Svcs: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Private Street(s)
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: City Light View(s), Mountain(s)
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Other, Painted, Block
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Transportation Svcs, Near Light Rail Stop, Near Bus Stop
  • Association Fee: 260.0
  • Association Fee Frequency: Monthly
  • Association Name: brown communities
  • Phone: 480-539-1306
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: brown communities
  • Association Fees:HOA Telephone4: 480 539 1306
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Maintenance Grounds, Street Maint, Front Yard Maint, Roof Replacement

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1317.0
  • Parcel #: 124-32-129

Building Info

  • Builder Name: tempe lofts

Tax Info

  • Tax Annual Amount: 3300.0
  • Tax Book Number: 124.00
  • Tax Lot: 1
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2023
Closed on
Sep 13, 2023
Sold by
Mak Properties Llc
Bought by
Ma Heung Ming
Seller's Agent
Roger Malcolm
Realty Executives Arizona Territory
Buyer's Agent
Chun-Hao Chen
Fujing Realty
List Price
$510,000
Sold Price
$480,000
Premium/Discount to List
-$30,000
-5.88%
Views
50
Current Estimated Value
$486,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,717
Avg. Annual Appreciation
0.71%
Original Mortgage
$384,000
Outstanding Balance
$376,494
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$110,223

Purchase Details

Closed on
Jul 14, 2010
Sold by
Lewis Melissa
Bought by
Mak Properties Llc

Purchase Details

Closed on
Jun 29, 2010
Sold by
Sunny Tempe Investments Llc
Bought by
Mak Properties Llc

Purchase Details

Closed on
Aug 29, 2007
Sold by
Lewis Melissa
Bought by
Sunny Tempe Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2007
Sold by
Lewis Joseph
Bought by
Lewis Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.41%
Mortgage Type
New Conventional
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
Ma Heung Ming $480,000 Magnus Title Agency
Mak Properties Llc $234,500 First American Title Ins Co
Lewis Melissa -- First American Title Ins Co
Lewis Melissa -- First American Title Ins Co
Mak Properties Llc $234,500 First American Title Ins Co
Sunny Tempe Investments Llc -- None Available
Lewis Melissa -- Fidelity National Title
Lewis Melissa $455,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Heung Ming $384,000
Previous Owner Lewis Melissa $364,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $480,000 -5.9% $334 / Sq Ft
07/16/2023 07/16/23 For Sale $510,000 0.0% $355 / Sq Ft
07/13/2023 07/13/23 Off Market $510,000 -- --
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 $2,756 $33,283 -- --
2024 $3,683 $31,698 -- --
2023 $3,683 $36,130 $7,220 $28,910
2022 $3,533 $32,810 $6,560 $26,250
2021 $3,558 $31,830 $6,360 $25,470
2020 $3,450 $31,210 $6,240 $24,970
2019 $3,384 $28,030 $5,600 $22,430
2018 $3,300 $28,210 $5,640 $22,570
2017 $3,202 $25,680 $5,130 $20,550
2016 $2,758 $26,970 $5,390 $21,580
2015 $2,668 $24,330 $4,860 $19,470
Source: Public Records

Agents Affiliated with this Home

  • Roger Malcolm

    Seller's Agent in 2023

    Roger Malcolm

    Realty Executives

    (602) 430-0285

    1 in this area

    82 Total Sales

    Roger Malcolm
    Section Image

  • C

    Buyer's Agent in 2023

    Chun-Hao Chen

    Fujing Realty

    (602) 888-6716

    1 in this area

    12 Total Sales

    Chun-Hao Chen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6579640

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-32-129

Arizona Maricopa County Tempe 85281 Riverside

425 S Roosevelt St, Tempe, AZ

This home is located at 425 S Roosevelt St, Tempe, AZ 85281 since 16 July 2023 and is currently estimated at $486,717, approximately $338 per square foot. This property was built in 2006. 425 S Roosevelt St is a home located in Maricopa County with nearby schools including Scales Technology Academy, Geneva Epps Mosley Middle School, and Tempe High School.

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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