RENTED MAR 15, 2025

Estimated Value: $2,365,000 - $3,427,565

2 Beds
1 Bath
6,801 Sq Ft
6,970 Sq Ft Lot

Highlights

  • Unit is on the top floor
  • The property is located in a historic district
  • Corner Lot
  • Phoenix Coding Academy Rated A
  • Property is near public transit and bus stop
  • Furnished

About This Home

As of March 2025

REMODELED STUDIO IN THE ROOSEVELT ROW ART'S DISTRICT. WITHIN WALKING DISTANCE TO ASU DOWNTOWN, CONVENTION CENTER AND THE BEST RESTAURANTS AND BARS DOWNTOWN PHOENIX HAS TO OFFER. WALK TO FIRST FRIDAY'S!! LOCATIONS DON'T GET BETTER THAN THIS. QUAINT AND CHARMING BUILDING. TRULY A MUST SEE.

Last Agent to Rent the Property

Jeremy Solem

Versatile Properties License #SA585119000 Listed on: 12/11/2024

Co-Listed By

Eric Lambert

Versatile Properties License #SA680077000

Last Renter's Agent

Eric Lambert

Versatile Properties License #SA680077000

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1970

Lot Details

  • Desert faces the front and back of the property

Home Design

  • Brick Veneer
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 6,801 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Double Pane Windows
  • Low Emissivity Windows
  • Laminate Flooring

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • Assigned Parking

Location

  • Unit is on the top floor
  • Property is near public transit and bus stop
  • The property is located in a historic district

Schools

  • Ralph Waldo Emerson Elementary School
  • Phoenix #1 Iacademy Middle School
  • Phoenix Union Bioscience High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property Available on 12/11/24
  • Rent includes water, sewer, repairs, garbage collection
  • 6-Month Minimum Lease Term
  • Legal Lot and Block 6 / 23
  • Assessor Parcel Number 111-44-022

Community Details

Overview

  • No Home Owners Association
  • Churchill Addition Subdivision

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Rent Includes: Water, Sewer, Repairs, Garbage Collection
  • Available Date: 2024-12-11

Listing Details

  • Cross Street: ROOSEVELT AND 3RD ST
  • Legal Info Range: 3E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1970
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.3
  • Lease Term Minimum Lease Term Months: 6
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: vers001
  • Co List Office Phone: 623-234-0262
  • Subdivision Name: CHURCHILL ADDITION
  • Property Attached Yn: Yes
  • Structure Type: Clustered
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Cooling Wall Unit(s): Yes
  • Windows:Low-Emissivity Windows: Yes
  • Water Source City Water2: Yes
  • Const - Finish Brick Veneer: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Furnished: Furnished
  • Spa Features: None
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Full Bth Master Bdrm
  • Living Area: 6801.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Laundry: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Desert Back, Desert Front
  • Disclosures: Agency Discl Req
  • Common Walls: Neighbor Below
  • Construction Type: Brick Veneer, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Electric
  • Laundry Features: See Remarks, Other, Dryer Included, Washer Included
  • 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, Historic District, Community Laundry
  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Ralph Waldo Emerson Elementary School
  • High School: Phoenix Union Bioscience High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix #1 iAcademy

Lot Info

  • Lot Size Sq Ft: 7000.0
  • Parcel #: 111-44-022

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Block: 23
  • Tax Book Number: 111.00
  • Tax Lot: 6
  • Tax Map Number: 44.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2022
Sold by
Combine On Third Llc
Bought by
4Gracie Llc
Current Estimated Value
$2,896,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Outstanding Balance
$1,601,656
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$1,294,627

Purchase Details

Closed on
May 31, 2017
Sold by
Marill Moore Studios Llc
Bought by
Combine On Third Llc

Purchase Details

Closed on
Oct 11, 2011
Sold by
Rainey R Wayne
Bought by
Marill Moore Studios Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 1999
Sold by
Milicevic Novica
Bought by
Rainey R Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 1978
Sold by
L M C Investment Inc
Bought by
Milicevi Novica and Milicevic Adelheid E
Source: Public Records
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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
4Gracie Llc $3,260,000 Landmark Title
Combine On Third Llc $1,500,000 Premier Title Agency
Marill Moore Studios Llc $400,000 Accommodation
Rainey R Wayne $150,000 Security Title Agency
Milicevi Novica -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4Gracie Llc $1,650,000
Previous Owner Marill Moore Studios Llc $395,000
Previous Owner Rainey R Wayne $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2025 03/15/25 Rented $1,250 0.0% --
03/01/2025 03/01/25 Price Changed $1,250 +4.2% $0 / Sq Ft
03/01/2025 03/01/25 Under Contract -- -- --
02/12/2025 02/12/25 Price Changed $1,200 -4.0% $0 / Sq Ft
12/11/2024 12/11/24 For Rent $1,250 -16.4% --
06/01/2022 06/01/22 Rented $1,495 0.0% --
05/30/2022 05/30/22 Under Contract -- -- --
04/27/2022 04/27/22 For Rent $1,495 -16.7% --
12/01/2020 12/01/20 Rented $1,795 +38.6% --
09/07/2020 09/07/20 For Rent $1,295 -- --
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 $7,587 $53,411 -- --
2024 $7,248 $51,496 -- --
2023 $7,248 $93,148 $64,096 $29,052
2022 $7,089 $79,612 $51,488 $28,124
2021 $7,094 $80,819 $52,101 $28,718
2020 $7,176 $60,331 $37,884 $22,447
2019 $7,164 $56,795 $35,395 $21,400
2018 $7,042 $53,296 $31,662 $21,634
2017 $11,553 $73,170 $48,186 $24,984
2016 $11,221 $69,246 $45,036 $24,210
2015 $10,672 $66,157 $44,937 $21,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6795075

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-44-022