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

Overview

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.

Listing Details MLS# 6283729

Location, Tax & Legal

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
Country
US
County Code
Maricopa
Assessor Number
124-34-009-K
Tax Year
2020
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

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

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

Remarks Misc

Cross Street
University/Roosevelt
Directions
East on University Past Mill Ave to Roosevelt. Turn Right (North) on Roosevelt to 606

Status Change Info

Off Market Date
2021-11-30
Under Contract Date
2021-11-30
Close of Escrow Date
2021-11-30

Legal Info

Township
1N
Range
4E
Section
16
Lot Number
23

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

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
Yes

Lockbox Type

None
Yes

Existing Land Use

Other (See Rmks)
Yes

Zoned Presently

Multi-Family
Yes

Parcel Size

.50 - .99 Acres
Yes

Proposed Density

16 - 20 Units P/Acre
Yes

Land Features

Corner Lot
Yes

Road Surface Type

Asphalt
Yes

Road Responsibility

City Maintained Road
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Electric

APS
Yes
City Electric
Yes

Topography

Level
Yes

Gas

SW Gas
Yes

Existing Structures

Residence
Yes

Distance to Cable

Call Listing Office
Yes

New Financing

Cash
Yes
Conventional
Yes

Distance to Phone

Call Listing Office
Yes

Distance to Water

Call Listing Office
Yes

Existing 1st Loan

Conventional
Yes

Distance to Electric

Call Listing Office
Yes

Existing 1st Loan Type

Not Applicable
Yes

Distance to Gas

Call Listing Office
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Distance to Sewer

Call Listing Office
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

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
IDX
Listing Office: Congress Realty, Inc.
Last Updated: November - 30 - 2021
Broker Attribution: 888-881-4118

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