606 S ROOSEVELT Street 23, Tempe, AZ 85281

$1,025,000
Property Type: Land Lot Size (sq. ft.): 24,394 Status: Closed
Current Price: $1,025,000 List Date: 8/24/2021 Last Modified: 11/30/2021

Description

Multi family zoned land close to downtown Tempe, Rio Salado park and ASU ready for development. This parcel includes a house that could be preserved and potentially exchanged for a higher density allowance from the city. Property owner has obtained demolition permit if developer wishes to pursue potential development without existing building in place.

More Information MLS# 6283729

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $1,025,000 Sold Price: $1,025,000 Status: Closed List Date: 2021-08-24

Location, Tax & Legal

Lot #: 23 Assessor's Map #: 34 Legal Description (Abbrev): STATE PLAT 12 AMD LOT 23 E AKA STATE PLAT 9 TR 17 E 190F EX N 240F Assessor's Parcel #: 9 Assessor Parcel Ltr: K Add'l Parcels: No Tax Municipality: Tempe Census Tract: 318800 Taxes: 1989 Map Code/Grid: R36 House Number: 606 Compass: S Street Name: ROOSEVELT St Suffix: Street City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Zip4: 3567 County Code: Maricopa Assessor Number: 124-34-009-K Tax Year: 2020

General Property Description

Apx Total Acres: 0.56 Apx Total Acres G/N: G Price Per Acre: 1875000 Apx SqFt: 24394 Price Per SqFt: 43.04 Apx SqFt G/N: G Lot Size Dimensions: Irr x Irr Zoning: MF

Legal Info

Range: 4E Section: 16 Township: 1N Lot Number: 23

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 1050000 Total Owed: 0

Assoc/Prop Info

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

Showing Notification Methods

Phone Call: 1

Lockbox Type

None: 1

Existing Land Use

Other (See Rmks): 1

Zoned Presently

Multi-Family: 1

Parcel Size

.50 - .99 Acres: 1

Proposed Density

16 - 20 Units P/Acre: 1

Land Features

Corner Lot: 1

Road Surface Type

Asphalt: 1

Road Responsibility

City Maintained Road: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Electric

APS: 1 City Electric: 1

Topography

Level: 1

Gas

SW Gas: 1

Existing Structures

Residence: 1

Distance to Cable

Call Listing Office: 1

New Financing

Cash: 1 Conventional: 1

Distance to Phone

Call Listing Office: 1

Distance to Water

Call Listing Office: 1

Existing 1st Loan

Conventional: 1

Distance to Electric

Call Listing Office: 1

Existing 1st Loan Type

Not Applicable: 1

Distance to Gas

Call Listing Office: 1

Existing 1st Loan Terms

Not Applicable: 1

Distance to Sewer

Call Listing Office: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Sold Info

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

Remarks Misc

Cross Street: University/Roosevelt Directions: East on University Past Mill Ave to Roosevelt. Turn Right (North) on Roosevelt to 606 Geo Lat: 33.423479 Geo Lon: -111.947686

Status Change Info

Off Market Date: 2021-11-30 Under Contract Date: 2021-11-30 Close of Escrow Date: 2021-11-30 Sold Price: $1,025,000

Property Features

Special Listing Cond: N/A Existing Land Use: Other (See Rmks) Zoned Presently: Multi-Family Parcel Size: .50 - .99 Acres Proposed Density: 16 - 20 Units P/Acre Land Features: Corner Lot Road Surface Type: Asphalt Road Responsibility: City Maintained Road Topography: Level Existing Structures: Residence Water Source: City Franchise Sewer: Sewer - Public Electric: APS; City Electric Gas: SW Gas Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: Call Listing Office Distance to Electric: Call Listing Office Distance to Gas: Call Listing Office Distance to Sewer: Call Listing Office Existing 1st Loan: Conventional Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable New Financing: Cash; Conventional Environmental: None Showing Notification Methods: Phone Call Lockbox Type: None
Listing Office: Congress Realty, Inc.
IDX
Last Updated: November - 30 - 2021
Broker Attribution: 888-881-4118

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