1115 S ROOSEVELT Street, Tempe, AZ 85281

$500,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $500,000 List Date: 2/16/2022 Last Modified: 4/16/2022

Overview

Description

Coming soon

Listing Details MLS# 6356586

Location, Tax & Legal

Map Code/Grid
R36
House Number
1115
Compass
S
Street Name
ROOSEVELT
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
5447
Country
US
County Code
Maricopa
Subdivision
VAL VERDE PLAT 4 LOT 52-54 BLK 7 LOT 88-93 BLK 12
Assessor Number
124-70-098
Tax Year
2021
Building Number
1115
Assessor's Map #
70
Legal Description (Abbrev)
VAL VERDE PLAT 4 N2 LOT 55 & 56 BLK 8
Assessor's Parcel #
98
Add'l Parcels
No
Tax Municipality
Tempe
Census Tract
318900
Taxes
1252
Legal
VAL VERDE PLAT 4 N2 LOT 55 & 56 BLK 8
Marketing Name
VAL VERDE PLAT 4 LOT 52-5

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
70.27x111.63x69.76x111.26
Year Built
1948
Uncvrd Parking Spcs
4
Total # of Units
2
# of Buildings
Yes
Zoning
R2
Flood Zone
No
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District

Remarks Misc

Cross Street
University & Roosevelt
Directions
From University head South on Roosevelt (4 blocks) to home on the Left.

Status Change Info

Off Market Date
2022-02-16
Under Contract Date
2022-02-16
Close of Escrow Date
2022-04-15

Legal Info

Township
1N
Range
4E
Section
21
Block
8
Lot Number
55

More Information

Income Expenses

Gross Annual Sch Inc
25000
Net Operating Income
25000

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
1050
Avg SqFt
672
# Baths
Yes

Sold Info

Loan Type
Cash
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

Duplex
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Siding
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
1252
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
25000

Pmt & Rate Info

Cap Rate
4.31
Equity
579900
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

Supra
Yes

Community Features

Other
Yes

Heating

Electric
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes
Individual
Yes

Tenant Pays

Gas
Yes
Sewer
Yes
Electricity
Yes
Trash Collection
Yes

Appliances Included

Refrigerator
Yes
Free-Standing Range
Yes
W/D Hookup
Yes

Road Access Type

Dedicated Street
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

Master Meter
Yes

Sewer

Sewer - Public
Yes
Sewer-In & Connected
Yes

Parking Features

>1 Space Per Unit
Yes

Electric

Submetered System
Yes

Gas

SW Gas
Yes
Submetered System
Yes

Owner Pays

Water
Yes

New Financing

Conventional
Yes
1031 Exchange
Yes

Special

Accept Backups (CLO)
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Duplex Construction: Wood Frame Const - Finish: Painted; Siding Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: Other Appliances Included: Free-Standing Range; Refrigerator; W/D Hookup Cooling: Ceiling Fan(s); Electric; Individual; Central Air Water Source: Master Meter Sewer: Sewer - Public; Sewer-In & Connected Electric: Submetered System Gas: SW Gas; Submetered System Parking Features: >1 Space Per Unit Road Access Type: Dedicated Street Road Surface Type: Asphalt Owner Pays: Water Tenant Pays: Sewer; Electricity; Gas; Trash Collection Source of Fincl Data: Owner Special: Accept Backups (CLO) Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear New Financing: Conventional; 1031 Exchange Environmental: None
IDX
Listing Office: Realty ONE Group
Last Updated: April - 16 - 2022
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