NOT LISTED FOR SALE

624 E Roosevelt Ave Buckeye, AZ 85326

Estimated Value: $579,000 - $644,000

4 Beds
-- Bath
1,964 Sq Ft
$318/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $600,000 $305 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,357/month

21 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Window Unit Heating System

About This Home

As of January 2022

Thinking of Buying a Multi Family Dwelling? Here is your chance! This charming 4-plex is conveniently nestled in Buckeye, AZ the fastest growing city in the west valley. Start your portfolio, get residual income, plan for your retirement...This property is the one!
Property has been given plenty of TLC with updated renovations, new HVAC in front house, new windows, new roof, new washer and dryer connections, and privacy fencing for tenants to enjoy their personal space. The property consist of a (1) 2bed/1bath house (3)1bed/1bath apartment units. Tenants pay for electricity and landlord pays water, sewer, trash, and gas. PLEASE DO NOT DISTURB TENANTS *Can also be sold as an 8 Unit Portfolio with MLS # 6303773 for $1,075,000

Last Agent to Sell the Property

Diana Mendoza

Coldwell Banker Realty License #SA658354000 Listed on: 11/24/2021

Last Buyer's Agent

Angela Williams

Realty Executives Arizona Territory License #SA692325000

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $903

Year Built

  • Built in 1965

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Siding
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Buckeye Elementary School
  • Buckeye Union High School

Utilities

  • Central Air
  • Window Unit Heating System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for water, sewer, gas, trash collection
  • Tax Lot 2
  • Assessor Parcel Number 400-21-084

Community Details

Overview

  • 4 Units
  • Building Dimensions are 63X132
  • Central Buckeye Blocks 1 2 7 Thru 10 15 16 Subdivision

Building Details

  • Operating Expense $3,663
  • Gross Income $47,340
  • Net Operating Income $44,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$903

Year Built

Built in 1965

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: MC HWY 85/Monroe and 7th ST
  • Property Type: Multiple Dwellings
  • Zoning: PR
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1965
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: Central Buckeye Blocks 1 2 7 THRU 10 15 16
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer

Exterior Features

  • Exterior Features: Sidewalk(s)
  • Disclosures: None
  • Construction Type: Block, Wood Frame, Painted, Stucco, Siding
  • Roof: Composition

Garage/Parking

  • Parking Features: Open, On Street
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0

Utilities

  • Electric: APS
  • Cooling: Central Air, Electric, Ceiling Fan(s)
  • Heating: Electric, Window/Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Fuel Expense: 780.0
  • Annual Water Sewer Expense: 1980.0

Schools

  • Elementary School: Buckeye Elementary School
  • High School: Buckeye Union High School
  • Junior High Dist: Buckeye Union High School District
  • Middle Or Junior School: Buckeye Elementary School

Lot Info

  • Lot Size: 63X132
  • Additional Parcels: No
  • Parcel #: 400-21-084

Multi Family

  • Owner Pays: Water, Sewer, Gas, Trash Collection
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 47340.0
  • Property Net Operating Income: 44580.0
  • Annual Operating Expense: 3663.0

Tax Info

  • Tax Annual Amount: 903.0
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Jan 7, 2022
Sold by
Jtf Investment Group Llc
Bought by
Ee And T Corp
Seller's Agent
Diana Mendoza
Coldwell Banker Realty
Buyer's Agent
Angela Williams
Realty Executives Arizona Territory
List Price
$60,000
Sold Price
$600,000
Premium/Discount to List
$540,000
900%
Current Estimated Value
$624,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,148
Avg. Annual Appreciation
0.94%

Purchase Details

Listed on
Sep 3, 2020
Closed on
Jan 20, 2021
Sold by
Chino Valley Investments Llc
Bought by
Jtf Investment Group Llc
Seller's Agent
Heather Openshaw
Keller Williams Integrity First
Buyer's Agent
Diana Mendoza
Russ Lyon Sotheby's International Realty
List Price
$319,000
Sold Price
$260,000
Premium/Discount to List
-$59,000
-18.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
141.15%
Original Mortgage
$221,000
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2018
Sold by
Kbd Options Llc
Bought by
Chino Valley 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
$337,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2014
Sold by
Vargas Daniel
Bought by
Kbd Options Llc

Purchase Details

Closed on
Mar 12, 2013
Sold by
Kbd Options Llc
Bought by
Vargas Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,375
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2007
Sold by
Vargas Daniel
Bought by
Kbd Options Llc

Purchase Details

Closed on
May 26, 2005
Sold by
Roca Sandra
Bought by
Vargas Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 25, 2005
Sold by
Kbd Options Llc
Bought by
Vargas Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 4, 2004
Sold by
Vargas Daniel
Bought by
Kbd Options Llc

Purchase Details

Closed on
Mar 1, 2004
Sold by
Bottoms Drusilla and Arnold Drusilla
Bought by
Arnold Shaun

Purchase Details

Closed on
Feb 18, 2004
Sold by
Roca Sandra M
Bought by
Vargas Daniel

Purchase Details

Closed on
Feb 10, 2004
Sold by
Arnold Shaun W
Bought by
Vargas Daniel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ee And T Corp $1,075,000 Equity Title
Ee And T Corp $1,075,000 Equity Title
Ee And T Corp $1,075,000 Equity Title
Ee And T Corp $1,075,000 Equity Title
Jtf Investment Group Llc $260,000 Fidelity Natl Ttl Agcy Inc
Jtf Investment Group Llc $260,000 Fidelity Natl Ttl Agcy Inc
Chino Valley Investments Llc $375,000 Chicago Title Agency Inc
Vargas Daniel -- Chicago Title Agency Inc
Chino Valley Investments Llc $375,000 Chicago Title Agency Inc
Vargas Daniel -- Chicago Title Agency Inc
Kbd Options Llc -- None Available
Kbd Options Llc -- None Available
Vargas Daniel -- Title Source
Vargas Daniel -- Title Source
Kbd Options Llc -- None Available
Kbd Options Llc -- None Available
Vargas Daniel -- Equity Title Agency Inc
Vargas Daniel -- Equity Title Agency Inc
Vargas Dan -- Equity Title Agency Inc
Vargas Dan -- Equity Title Agency Inc
Kbd Options Llc -- Lawyers Title Ins
Kbd Options Llc -- Lawyers Title Ins
Arnold Shaun -- Lawyers Title Insurance Corp
Arnold Shaun -- Lawyers Title Insurance Corp
Vargas Daniel -- Lawyers Title Insurance Corp
Vargas Daniel -- Lawyers Title Insurance Corp
Vargas Daniel $75,000 Lawyers Title Insurance Corp
Vargas Daniel $75,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jtf Investment Group Llc $221,000
Previous Owner Chino Valley Investments Llc $337,000
Previous Owner Vargas Daniel $145,375
Previous Owner Vargas Dan $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2022 01/07/22 Sold $600,000 +900.0% $305 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $60,000 -76.9% $31 / Sq Ft
01/25/2021 01/25/21 Sold $260,000 -13.0% $132 / Sq Ft View Prior Sale
11/10/2020 11/10/20 Price Changed $299,000 -6.3% $152 / Sq Ft
09/03/2020 09/03/20 For Sale $319,000 -- $162 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $892 $7,333 -- --
2024 $860 $6,984 -- --
2023 $860 $22,150 $4,430 $17,720
2022 $863 $14,600 $2,920 $11,680
2021 $903 $13,130 $2,620 $10,510
2020 $858 $11,360 $2,270 $9,090
2019 $815 $8,100 $1,620 $6,480
2018 $774 $6,920 $1,380 $5,540
2017 $730 $8,320 $1,660 $6,660
2016 $715 $7,780 $1,550 $6,230
2015 $669 $7,700 $1,540 $6,160
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Diana Mendoza

    Coldwell Banker Realty

  • Angela Williams

    Buyer's Agent in 2022

    Angela Williams

    Realty Executives

    (623) 882-4417

    29 in this area

    104 Total Sales

    Angela Williams
    Section Image
  • Heather Openshaw

    Seller's Agent in 2021

    Heather Openshaw

    Keller Williams Integrity First

    (520) 975-9187

    5 in this area

    512 Total Sales

    Heather Openshaw
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6327220

Arizona Regional Multiple Listing Service (ARMLS)

APN: 400-21-084

Arizona Maricopa County Buckeye 85326

624 E Roosevelt Ave, Buckeye, 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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