233 S Roosevelt Street -, Tempe, AZ 85281

$560,000
Property Type: Land Lot Size (sq. ft.): 33,856 Status: Closed
Current Price: $560,000 List Date: 5/16/2014 Last Modified: 8/06/2021

Overview

Description

TWO SIDES OF LOT HAVE STREET ACCESS. LOT EXTENDS FROM ROOSEVELT ST. ALL THE WAY TO WILSON ST. OPPORTUNITY TO ACQUIRE COVETED PRIME LOCATION PROPERTY WITHIN WALKING/CYCLING DISTANCE OF TEMPE TOWN LAKE, TEMPE CENTER FOR THE ARTS & TEMPE BEACH PARK WHERE MANY EVENTS ARE HELD, THE VALLEY METRO LIGHT RAIL TRAIN, DOWNTOWN TEMPE INCLUDING MILL AVE & ARIZONA STATE UNIVERSITY...ASU MAIN CAMPUS INCLUDING SUN DEVIL STADIUM & GAMMAGE AUDITORIUM. ZONED R-3 MULTI-FAMILY HOUSING, BUT IT COULD BE AT LEAST ZONED R-4. BUILDERS OF UNITS ACROSS THE STREET (WILSON STREET) GOT SPECIAL PAD ZONING. THE PROPERTY IS SURROUNDED BY NEW CONSTRUCTION INCLUDING ARGO AT TOWN LAKE JUST A SHORT HALF BLOCK TO THE NORTH. DOWNTOWN TEMPE IS RIPE WITH NEW CONSTRUCTION & IN HIGH DEMAND AS A PLACE TO LIVE, WORK & PLAY.

Listing Details MLS# 4968787

Location, Tax & Legal

Map Code/Grid
R36
House Number
233
Compass
S
Street Name
Roosevelt
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
2604
Country
US
County Code
Maricopa
Assessor Number
124-32-034
Subdivision
Riverside Neighborhood
Tax Year
2012
Lot #
-
Assessor's Map #
32
Assessor's Parcel #
34
Add'l Parcels
Yes
Tax Municipality
Tempe
Census Tract
318800
Taxes
1461.46
Marketing Name
DOWNTOWN TEMPE LAND

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
0.78
Apx Total Acres G/N
G
Price Per Acre
793589.74
# Lots in Listing
Yes
# Units Allowed
20
Apx SqFt
33856
Price Per SqFt
18.28
Apx SqFt G/N
G
Lot Size Dimensions
410.38' x 82.5'
Irrigation District
North Priest- Tempe
Horses
N
Street Frontage
82.5
Zoning
R-3
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District
Elementary School
Scales Technology Academy
Jr. High School
Geneva Epps Mosley Middle School
High School
Tempe Academy Of International Studies McKemy Campus

Remarks Misc

Cross Street
5th Street & Mill Avenue in Downtown Tempe
Directions
West on 5th St past Union Pacific Railway tracks & Farmer Ave, 1 short block to Wilson St, Turn Rt onto Wilson St. Property on West Side of Wilson St past Brown St. 1st property w/chain link fence.

Status Change Info

Off Market Date
2014-06-05
Under Contract Date
2014-02-10
Close of Escrow Date
2014-06-05

Legal Info

Township
1N
Range
4E
Section
16
Lot Number
-

More Information

Sold Info

Loan Type
Conventional
Loan Years
30
Closing Cost Split
Normal - N
Payment Type
Fixed
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Special Listing Cond

N/A
Yes

Pmt & Rate Info

Down Payment
657000
Equity
619000
Total Owed
0

Assoc/Prop Info

HOA Y/N
N
PAD Fee Y/N
N
Assessed Balance
0
HOA 2 Y/N
N

Existing Land Use

Residential Lot
Yes

Zoned Presently

Multi-Family
Yes

Potential Use

Multi-Family
Yes

Parcel Size

.50 - .99 Acres
Yes

Current Density

16 - 20 Units P/Acre
Yes

Development Status

Raw Land
Yes

Land Features

Curb(s) & Gutter(s)
Yes
Sidewalk(s)
Yes
Other
Yes
See Remarks
Yes

Elevation

1,001 - 2,000 Ft
Yes

Elevation Source

USGS
Yes

Land Configuration

Square Rectangular
Yes

Road Access Type

Dedicated Street
Yes

Road Surface Type

Asphalt
Yes

Traffic Count

Up to 5,000
Yes

Fencing

Chain Link
Yes

Water Source

Water Rights Grandfathered
Yes
Irrigation Ditch(es) -- Unlined
Yes

Freeway/Highway

1.1 - 2 Miles
Yes

Sewer

Sewer - Public
Yes

Railroad

RlRd up to 1 Mile
Yes

Electric

APS
Yes

Topography

Level
Yes

Gas

SW Gas
Yes

Existing Structures

Residence
Yes

Distance to Cable

Under 350 Feet
Yes

New Financing

Cash
Yes
Conventional
Yes
Other (See Rmks)
Yes

Distance to Phone

Under 350 Feet
Yes

Distance to Water

Under 350 Feet
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

Under 350 Feet
Yes

Existing 1st Loan Type

Not Applicable
Yes

Distance to Gas

Under 350 Feet
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Distance to Sewer

Under 350 Feet
Yes

Existing 2nd Loan

Other (See Rmks)
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Other (See Rmks)
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Other (See Rmks)
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

Other (See Rmks)
Yes

Existing Other Loan

Not Applicable
Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Multi-Family Potential Use: Multi-Family Parcel Size: .50 - .99 Acres Current Density: 16 - 20 Units P/Acre Development Status: Raw Land Land Features: Curb(s) & Gutter(s); Sidewalk(s); Other; See Remarks Elevation: 1,001 - 2,000 Ft Elevation Source: USGS Land Configuration: Square Rectangular Road Access Type: Dedicated Street Road Surface Type: Asphalt Traffic Count: Up to 5,000 Railroad: RlRd up to 1 Mile Topography: Level Existing Structures: Residence Water Source: Water Rights Grandfathered; Irrigation Ditch(es) -- Unlined Sewer: Sewer - Public Electric: APS Gas: SW Gas Distance to Cable: Under 350 Feet Distance to Phone: Under 350 Feet Distance to Water: Under 350 Feet Distance to Electric: Under 350 Feet Distance to Gas: Under 350 Feet Distance to Sewer: Under 350 Feet Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Rmks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Rmks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional; Other (See Rmks) Environmental: Other (See Rmks) Fencing: Chain Link
IDX
Listing Office: Congress Realty, Inc.
Last Updated: August - 06 - 2021
Broker Attribution: 888-881-4118

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