502 E Roeser Rd Phoenix, AZ 85040
South Mountain NeighborhoodEstimated payment $5,165/month
Highlights
- Horses Allowed On Property
- 2 Acre Lot
- Eat-In Kitchen
- Phoenix Coding Academy Rated A
- No HOA
- Patio
About This Home
Prime 2-Acre Multi-Family Property with R4 Zoning - Great Investment Opportunity! This versatile 2-acre property offers incredible potential with its R4 zoning, perfect for multi-family development or other investment opportunities. Located in a highly accessible area with both an entrance and exit on Roeser Rd and Cody Drive, this property ensures convenience and ease of access. The property also features a well-maintained 3-bedroom, 2-bathroom residence. Whether you are looking to expand your investment portfolio or create a thriving multi-family community, this location offers limitless possibilities.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,247
Year Built
- Built in 1926
Lot Details
- 2 Acre Lot
- Wrought Iron Fence
- Block Wall Fence
- Chain Link Fence
Parking
- 2 Carport Spaces
Home Design
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 2,356 Sq Ft Home
- 1-Story Property
- Eat-In Kitchen
- Washer and Dryer Hookup
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Schools
- Irene Lopez Elementary School
- Cesar E Chavez Community Middle School
- South Mountain High School
Utilities
- Central Air
- Heating Available
Additional Features
- Patio
- Horses Allowed On Property
Community Details
- No Home Owners Association
- Association fees include no fees
Listing and Financial Details
- Assessor Parcel Number 113-36-041
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,306 | $17,058 | -- | -- |
| 2024 | $2,178 | $16,246 | -- | -- |
| 2023 | $2,178 | $30,610 | $6,120 | $24,490 |
| 2022 | $2,133 | $21,670 | $4,330 | $17,340 |
| 2021 | $1,126 | $15,650 | $3,130 | $12,520 |
| 2020 | $1,112 | $14,870 | $2,970 | $11,900 |
| 2019 | $1,074 | $12,510 | $2,500 | $10,010 |
| 2018 | $1,044 | $12,680 | $2,530 | $10,150 |
| 2017 | $973 | $10,700 | $2,140 | $8,560 |
| 2016 | $923 | $10,060 | $2,010 | $8,050 |
| 2015 | $857 | $7,650 | $1,530 | $6,120 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/01/2025 10/01/25 | Price Changed | $950,000 | -4.5% | $403 / Sq Ft |
| 08/19/2025 08/19/25 | For Sale | $995,000 | 0.0% | $422 / Sq Ft |
| 08/16/2025 08/16/25 | Off Market | $995,000 | -- | -- |
| 08/14/2025 08/14/25 | For Sale | $995,000 | 0.0% | $422 / Sq Ft |
| 08/13/2025 08/13/25 | Off Market | $995,000 | -- | -- |
| 08/12/2025 08/12/25 | For Sale | $995,000 | 0.0% | $422 / Sq Ft |
| 06/08/2025 06/08/25 | Off Market | $995,000 | -- | -- |
| 05/20/2025 05/20/25 | Price Changed | $995,000 | -9.5% | $422 / Sq Ft |
| 02/09/2025 02/09/25 | For Sale | $1,100,000 | -- | $467 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Camelback Title Agency Llc | |
| Interfamily Deed Transfer | -- | Guaranty Title Agency | |
| Quit Claim Deed | -- | United Title Agency Inc | |
| Interfamily Deed Transfer | -- | Century Title Agency Inc | |
| Joint Tenancy Deed | $55,000 | Century Title Agency Inc | |
| Joint Tenancy Deed | $55,000 | Century Title Agency Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $123,250 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | No Value Available | |
| Previous Owner | $40,000 | Seller Take Back |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6833343
APN: 113-36-041
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