NOT LISTED FOR SALE

777 W Roosevelt St Unit 5 Phoenix, AZ 85007

Central City Neighborhood

Estimated Value: $585,558 - $628,000

2 Beds
2.5 Baths
1,886 Sq Ft
$194/mo HOA Fee

Last Sold October 30, 2020

Last sale price $383,000 $203 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,574/month

22 Days on Market

Highlights

  • Two Primary Bathrooms
  • Mountain View
  • Property is near public transit
  • Phoenix Coding Academy Rated A
  • Contemporary Architecture
  • Main Floor Primary Bedroom

About This Home

As of October 2020

This spectacular Loft/Warehouse Style townhome was deliberately designed to be the PERFECT LIVE/WORK home in arguably the hottest location in Downtown Phoenix! This unit has a ground floor live-work space, a ground floor garage w/storage, a HUGE living & dining space w/10-ft ceilings, TWO decks & one is HUGE (24x21) offering city & mountain views. Adjacent to Roosevelt & FQ Story Historic Districts, at the northern tip of the Roosevelt Triangle, within the Roosevelt Historic Arts District, bounded by Grand Avenue to the south & near vibrant culture, it's a short bike-ride or walk to the Lightrail & a vast array of the best dining, nightlife & museums in town! This architectural, multi-award winning, small, 12-unit complex w/GREEN features is in HIGH demand as they RARELY come up for sale! This loft style unit has had only one owner who has used it very gently with HUGE pride of ownership! The floor-to-ceiling windows along with all the other large windows allow for beautiful scenery & natural light. The light fixtures throughout are very cool & eclectic.

All kitchen appliances are stainless steel and the exposed ductwork gives this home a true loft feel. The added commercial grade, industrial glass door to the kitchen is a huge plus. If you wanted to rent the downstairs bedroom with a full master bathroom as an Airbnb, this door allows for total separation. Additionally, the downstairs bedroom has a separate entry/exit.

The 2nd floor living space is very open with plenty of room for a large, formal dining room table, extra office space, an entertainment center or whatever you'd like it to be! The 2nd deck is off of this floor.

The 3rd floor has it's own master bedroom & bathroom with a separate door leading you out to the HUGE upper deck (24x21) offering city & mountain views and fabulous for entertaining!

This location is simply amazing! Starbucks is catty corner. Walk, bike or Metro Light-rail it to Cibo's, Margaret T. Hance Park, Dodge Theatre, Grand Avenue galleries, bars, theaters, boutique shops, cafes, Lola's Coffee, PEI WEI, & a WHOLE lot more! The I-10 Freeway is just few minutes away. ALL downtown college campus's are a cinch to get to. Encanto Park, Encanto Golf Course and Phoenix College are around a 10 minute drive.

There is ample parking for guests, both covered and uncovered. The low HOA fees make this special unit extremely coveted!

Most furniture is INCLUDED in the sale if the buyer wants it. If not, the seller will remove.

PRD 845 was featured in Architectural Record and received both an AIA and the American Architecture award and is the recipient of a 2008 AIA Merit Award.

All the building materials were carefully chosen to compliment the south-west desert environment and include an innovative rain-screen design wall design made of a low mass, corrugated, fiber-reinforced concrete panels on furring channels that allows accumulated heat to escape through a slot at the top of the wall. The folded roof plane creates volumetric slots through the complex giving the complex a unique, "skyline" profile.

This is a must see home in an urban & contemporary, small complex with everything you may want nearby.

Last Agent to Sell the Property

Laura Boyajian

HomeSmart Brokerage Phone: (602) 400-0008 License #SA559691000 Listed on: 08/27/2020

HomeSmart

Last Buyer's Agent

Alma Luk

Realty ONE Group License #SA662779000

Realty ONE Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,219

Year Built

  • Built in 2006

Lot Details

  • Desert faces the front of the property
  • Two or More Common Walls

HOA Fees

  • $194 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Unassigned Parking

Home Design

  • Designed by STUDIO MA Architects
  • Contemporary Architecture
  • Wood Frame Construction

Interior Spaces

  • 1,886 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Solar Screens
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Electric Cooktop

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Balcony

Location

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

Schools

  • Kenilworth Elementary School
  • Phoenix Prep Academy Middle School
  • North High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include roof repair, insurance, ground maintenance, roof replacement, maintenance exterior
  • Assoc. Property Mgmt Association, Phone Number (480) 941-1077
  • Built by ROCKLAND BUILDERS
  • Prd 845 Condominium Subdivision, Loft Style Townhouse Floorplan

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 111-29-211

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,219

Year Built

Built in 2006

Lot Details

0

HOA Fees

$194 per month

Parking

1

Listing Details

  • Cross Street: 7th Ave. & Roosevelt
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • Architect Architect: STUDIO MA
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 194.05
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2017
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2019
  • Directions: Complex is on 8th Ave., just South of Roosevelt. Parking is on 8th Ave. Unit numbers are on the doors.
  • Master Model: Loft Style Townhouse
  • Attribution Contact: (602) 400-0008
  • Property Sub Type: Loft Style
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: PRD 845 CONDOMINIUM
  • Architectural Style: Other, Contemporary
  • Efficiency: Other (See Remarks)
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 194.05
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Other, Carpet, Concrete
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Other, See Remarks, Master Downstairs, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Furnished(See Rmrks), 2 Master Baths, Full Bth Master Bdrm
  • Living Area: 1886.0
  • Stories: 3
  • Window Features: Solar Screens, Dual Pane
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Other, Balcony
  • Lot Features: Desert Front
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Other (See Remarks), Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Other, Wood Frame
  • Roof: Other, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Unassigned, Garage Door Opener, Extended Length Garage, Direct Access, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Other7: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop
  • Association Fee: 194.05
  • Association Fee Frequency: Monthly
  • Association Name: PRD 845
  • Phone: 480-941-1077
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: PRD 845
  • Association Fees:HOA Telephone4: 480-941-1077
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 388.1
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Assoc. Property Mgmt
  • 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

Fee Information

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

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 728.0
  • Parcel #: 111-29-211

Building Info

  • Builder Name: ROCKLAND BUILDERS

Tax Info

  • Tax Annual Amount: 3219.0
  • Tax Book Number: 111.00
  • Tax Lot: 5
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Oct 26, 2020
Sold by
Pierik Martijn B T and Pierik Trine Lee
Bought by
Geyer Katelyn
Seller's Agent
Laura Boyajian
HomeSmart
Buyer's Agent
Alma Luk
Realty ONE Group
List Price
$399,900
Sold Price
$383,000
Premium/Discount to List
-$16,900
-4.23%
Current Estimated Value
$602,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,640
Avg. Annual Appreciation
9.67%
Original Mortgage
$306,400
Outstanding Balance
$272,652
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$329,988

Purchase Details

Closed on
Aug 15, 2007
Sold by
Central City Village Development Inc
Bought by
Pierik Martijn and Pierik Trine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Geyer Katelyn $383,000 Grand Canyon Title Agency
Pierik Martijn $382,500 Talon Group Tatum Gardens
Central City Village Development Inc -- Talon Group Tatum Gardens
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geyer Katelyn $306,400
Previous Owner Pierik Martijn $306,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $383,000 -4.2% $203 / Sq Ft
08/26/2020 08/26/20 For Sale $399,900 -- $212 / 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 $2,358 $25,145 -- --
2024 $2,953 $23,947 -- --
2023 $2,953 $36,280 $7,250 $29,030
2022 $2,840 $26,460 $5,290 $21,170
2021 $2,842 $23,710 $4,740 $18,970
2020 $3,224 $23,920 $4,780 $19,140
2019 $3,219 $26,060 $5,210 $20,850
2018 $2,486 $27,550 $5,510 $22,040
2017 $2,428 $20,010 $4,000 $16,010
2016 $2,358 $19,800 $3,960 $15,840
2015 $2,182 $15,910 $3,180 $12,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6123186

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-29-211