NOT LISTED FOR SALE

Estimated Value: $541,940 - $804,000

Studio
1 Bath
1,708 Sq Ft
$394/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $561,039 $328 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,568/month

117 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of September 2020

***FOR SALE OR LEASE*** Rare opportunity in Downtown Phoenix's Roosevelt Row. Current improvements include a converted
house and detached studio apartment. This property is perfect for an art gallery/studio, cafe', retail or creative space. Use the
studio apartment for a live/work set up or to generate extra income. Enjoy the possible tax benefits of the Opportunity Zone
location, proximity to the Phoenix Biomedical Campus and of course the excitement of Roosevelt Row.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 05/15/2020

Co-Listed By

Jason Butler

R.O.I. Properties License #BR545613000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $751

Year Built

  • Built in 1917

Lot Details

  • 7,000 Sq Ft Lot
  • Property is zoned DTC-E-EV

Home Design

  • 1,708 Sq Ft Home

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 111-44-078

Community Details

Overview

  • 2 Buildings
  • Churchill Addition Subdivision

Building Details

  • Operating Expense $751

Property Details

Property Type

Other

Est. Annual Taxes

$751

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Cross Street: E. Garfield Rd. & N. 5th St.
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: DTC-E-EV
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1917
  • Tax Year: 2019
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: CHURCHILL ADDITION
  • Structure Type: Other (See Remarks), Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 1708.0

Exterior Features

  • Fencing: See Remarks
  • Disclosures: Other (See Remarks)
  • Construction Type: Other
  • Roof: Other
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 7000.0
  • Parcel #: 111-44-078

Multi Family

  • Annual Operating Expense: 751.0

Tax Info

  • Tax Annual Amount: 751.0
  • Tax Book Number: 111.00
  • Tax Lot: 11
  • Tax Map Number: 44.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2022
Sold by
Mjl Holdings Llc
Bought by
Little Michael J
Current Estimated Value
$672,235

Purchase Details

Listed on
May 15, 2020
Closed on
Sep 16, 2020
Sold by
Bateman Daniel and The Finis Vitae Sed Non Amoris
Bought by
Mjl Holdings Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$2,430,000
Sold Price
$561,039
Premium/Discount to List
-$1,868,961
-76.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%

Purchase Details

Closed on
Apr 4, 2019
Sold by
Fox Norman E
Bought by
Finis Vitae Sed Non Amoris Trust

Purchase Details

Closed on
Sep 12, 2000
Sold by
Romanski Dorothy F
Bought by
Fox Norman E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 1999
Sold by
Romanski Benjamin J
Bought by
Romanski Dorothy F

Purchase Details

Closed on
Nov 13, 1995
Sold by
Dudish Joann E
Bought by
Romanski Dorothy F
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
Little Michael J -- None Listed On Document
Mjl Holdings Llc $561,039 Stewart Ttl & Tr Of Phoenix
Finis Vitae Sed Non Amoris Trust -- None Available
Fox Norman E $114,000 Security Title Agency
Romanski Dorothy F -- --
Romanski Dorothy F -- --
Dudish Joann E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fox Norman E $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Sold $561,039 +13.3% $328 / Sq Ft
07/13/2020 07/13/20 Price Changed $495,000 -79.6% $290 / Sq Ft
04/24/2020 04/24/20 For Sale $2,430,000 -- $1,423 / 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 $930 $6,551 -- --
2024 $868 $6,239 -- --
2023 $868 $41,020 $8,200 $32,820
2022 $837 $30,700 $6,140 $24,560
2021 $830 $24,850 $4,970 $19,880
2020 $928 $23,260 $4,650 $18,610
2019 $751 $17,560 $3,510 $14,050
2018 $738 $15,630 $3,120 $12,510
2017 $712 $13,260 $2,650 $10,610
2016 $691 $12,310 $2,460 $9,850
2015 $630 $8,450 $1,690 $6,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6078428

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-44-078

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