NOT LISTED FOR SALE

936 E Roma Ave Phoenix, AZ 85014

Central City Neighborhood

Estimated Value: $719,000 - $737,000

1 Bed
-- Bath
1,998 Sq Ft
$365/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $286,000 $143 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $3,986/month

2 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of December 2017

Excellent investment opportunity! Solid 4 plex in wonderful area of town in the Heart of Central Phoenix!! This is an excellent property with tons of extra space. Four 1 Bedroom, 1 Bathroom units. Plenty of parking in front and large open area in rear. All units are fully occupied! This property has performed very well with excellent rental history & nice cash flow!

Last Agent to Sell the Property

Daniel Rosenbaum

Rosenbaum Realty Group License #BR636314000 Listed on: 11/30/2017

Last Buyer's Agent

BreeAnn Bond

Real Broker License #SA579782000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,116

Year Built

  • Built in 1981

Lot Details

  • 10,411

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Madison #1 Middle Elementary School
  • Madison Meadows Middle School
  • North High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 12
  • Assessor Parcel Number 155-19-057-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10429
  • Laveta Place Lots 1 13, 15 28 Subdivision

Building Details

  • Operating Expense $1,116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,116

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: 7th St & Camelback
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: [M-M] MULTI-FAM
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2017
  • Directions: From Camelback go South to Roma, East to 936 on North Side!
  • Road Surface Type: Asphalt
  • Subdivision Name: LAVETA PLACE LOTS 1-13, 15-28
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Madison #1 Middle School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Lot Size: 10429
  • Additional Parcels: No
  • Parcel #: 155-19-057-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 1116.0
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 1116.0
  • Tax Book Number: 155.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2021
Sold by
Lucky Old Sun Finance Llc
Bought by
House Christina S
Current Estimated Value
$730,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Outstanding Balance
$268,250
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$461,750

Purchase Details

Closed on
May 6, 2021
Sold by
Leu David
Bought by
House Cristina and House Cristina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Outstanding Balance
$268,250
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$461,750

Purchase Details

Listed on
Nov 30, 2017
Closed on
Dec 12, 2017
Sold by
Peterson Dustin and Peterson Samye
Bought by
Lucky Old Sun Finance Llc
Seller's Agent
Daniel Rosenbaum
Rosenbaum Realty Group
Buyer's Agent
BreeAnn Bond
Real Broker
List Price
$295,000
Sold Price
$286,000
Premium/Discount to List
-$9,000
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%

Purchase Details

Closed on
Dec 17, 2010
Sold by
Nunez Gabriel and Barrientos America
Bought by
Peterson Dustin and Peterson Samye

Purchase Details

Closed on
Sep 18, 2006
Sold by
Dray Michael A and Dray Peggy C
Bought by
Nunez Gabriel and Barrientos America

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,432
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2004
Sold by
Rustempasic Mandy
Bought by
Dray Michael A and Dray Peggy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,700
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2003
Sold by
Espinoza David
Bought by
Rustempasic Mandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,800
Interest Rate
5.26%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 10, 2003
Sold by
Espinoza David
Bought by
Rustempasic Mandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,800
Interest Rate
5.26%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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
House Christina S $560,000 Security Title Agency Inc
House Cristina -- Security Title Agency Inc
Lucky Old Sun Finance Llc $286,000 First Arizona Title Agency L
Peterson Dustin $62,550 Old Republic Title Agency
Nunez Gabriel $283,500 Capital Title Agency Inc
Dray Michael A $219,900 Tsa Title Agency
Rustempasic Mandy $56,000 Security Title Agency
Rustempasic Mandy -- Security Title Agency
Rustempasic Mandy $164,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open House Cristina $296,000
Previous Owner Nunez Gabriel $182,432
Previous Owner Dray Michael A $191,700
Previous Owner Rustempasic Mandy $32,800
Previous Owner Rustempasic Mandy $114,800
Previous Owner Rustempasic Mandy $114,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $286,000 -3.1% $143 / Sq Ft
12/02/2017 12/02/17 Pending -- -- --
11/30/2017 11/30/17 For Sale $295,000 -- $148 / 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 $1,380 $10,998 -- --
2024 $1,333 $10,474 -- --
2023 $1,333 $43,670 $8,730 $34,940
2022 $1,326 $29,830 $5,960 $23,870
2021 $1,348 $25,100 $5,020 $20,080
2020 $1,314 $21,600 $4,320 $17,280
2019 $1,257 $20,230 $4,040 $16,190
2018 $1,216 $17,580 $3,510 $14,070
2017 $1,116 $16,720 $3,340 $13,380
2016 $1,077 $13,010 $2,600 $10,410
2015 $1,001 $10,200 $2,040 $8,160
Source: Public Records

Agents Affiliated with this Home

  • Daniel Rosenbaum

    Seller's Agent in 2017

    Daniel Rosenbaum

    Rosenbaum Realty Group

    (480) 588-1333

    27 Total Sales

    Daniel Rosenbaum
    Section Image
  • BreeAnn Bond

    Buyer's Agent in 2017

    BreeAnn Bond

    Real Broker

    (480) 433-5083

    15 Total Sales

    BreeAnn Bond
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5693491

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-19-057A

Arizona Maricopa County Phoenix 85014 Central City

936 E Roma Ave, Phoenix, AZ

This home is located at 936 E Roma Ave, Phoenix, AZ 85014 since 30 November 2017 and is currently estimated at $730,000, approximately $365 per square foot. This property was built in 1981. 936 E Roma Ave is a home located in Maricopa County with nearby schools including Longview Elementary School, Osborn Middle School, and Phoenix Coding Academy.

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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