215 S Roosevelt Street, Tempe, AZ 85281

$925,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $925,000 Last Modified: 5/19/2025

Overview

Description

Own a piece of prime Tempe real estate! Just over half acre for sale in hot development part of Tempe. Just blocks from Mill Ave. and Tempe Town Lake, light rail, ASU, freeways and Sky Harbor Airport. Property is listed in 2 categories - Vacant Land and Lots and Multi-Family. Tempe Zoning allows for 6 units to be built on this property, with a maximum height of 30'. This property has been owned by the same family since 1958.

Listing Details MLS# 6671363

Location, Tax & Legal

House Number
215
Compass
S
Street Name
Roosevelt
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Country
US
County Code
Maricopa
Subdivision
none
Assessor Number
124-32-045
Tax Year
2023
Assessor's Map #
32
Assessor's Parcel #
45
Add'l Parcels
No
Tax Municipality
Tempe
Taxes
3511
Legal
TR 7 PT LOTS 1-2 & 3E 20' of Lot 1 EX TH PT LY S of PRIEST DITCH ALSO W 170' of LOT 2 EX S 9.5' of W 150' ALSO S 15.5'
Marketing Name
none

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
160x140 plus dogleg in back of 10x65
Year Built
1998
Uncvrd Parking Spcs
2
Total # of Units
Yes
# of Buildings
2
Zoning
R-2
Flood Zone
No
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District
Elementary School
Scales Technology Academy
High School
Tempe High School

Remarks Misc

Cross Street
5th Street and Mill Ave.
Directions
From Mill, drive west on 5th Street four blocks to Roosevelt. Turn right (north) and drive 3 blocks to the property. House is on the right. Sign in yard.

Status Change Info

Off Market Date
2024-04-17
Under Contract Date
2024-04-14
Close of Escrow Date
2024-07-01

Legal Info

Township
1N
Range
4E

More Information

Showing Notification Methods

Showing Service
Aligned Showings

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

5 - 12 Units
Yes
Other (See Remarks)
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Composition
Yes

Floors

Vinyl
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
3511
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Pmt & Rate Info

Equity
1500000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

Supra
Yes

Community Features

No Pool
Yes

Heating

Natural Gas
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Exterior Amenities

Fenced
Yes
Curb(s) & Gutter(s)
Yes
Sidewalk(s)
Yes

Interior Features

Unfurnished
Yes
Mini Blinds
Yes

Tenant Pays

None
Yes

Appliances Included

Dishwasher
Yes
Refrigerator
Yes
Washer/Dryer
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes

Electric

SRP
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Electric
Yes
Gas
Yes
Trash Collection
Yes
Cable TV
Yes

New Financing

Cash to Loan
Yes
Conventional
Yes
No Carry
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

2 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 5 - 12 Units; Other (See Remarks) Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Vinyl; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Fenced; Curb(s) & Gutter(s); Sidewalk(s) Interior Features: Unfurnished; Mini Blinds Appliances Included: Refrigerator; Dishwasher; Washer/Dryer Heating: Natural Gas Cooling: Ceiling Fan(s); Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: Carport Owner Pays: Water; Electric; Gas; Trash Collection; Cable TV Tenant Pays: None Source of Fincl Data: Owner Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash to Loan; Conventional; No Carry Environmental: None
IDX
Listing Office: CG Properties, LLC
Last Updated: May - 19 - 2025
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