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$457,000
1616 S Roosevelt Street
Tempe, AZ 85281
MLS# 5697142
Status: Closed
6 beds  |  4 baths


1616 S Roosevelt Street, Tempe, AZ 85281
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Property Description
Great Investment Opportunity in Tempe Close to ASU and Downtown Tempe. 2,656 sqft with 6 bedrooms and 4 bathrooms. Just over 18,000 sq ft lot with a large pebble tec play pool and spa. Low maintenance tile throughout the entire house. Sale is subject to prospective buyer agreeing to the terms and conditions of the current lease agreement in place through July 31st 2018. 8.5% Cap Rate to investor. Lot can be split into 2 lots for developer to build.

Details
Maps
Contract Information
Status Change Date: 2018-03-17
Sold Price: $457,000
Status: Closed
Current Price: $457,000
List Date: 2017-12-09
Type: ER
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: Y
Location, Tax & Legal
Map Code/Grid: R36
House Number: 1616
Compass: S
Street Name: Roosevelt
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Country: USA
County Code: Maricopa
Assessor's Map #: 66
Assessor's Parcel #: 84
Assessor Number: 124-66-084
Subdivision: Marilyn Ann Unit 1
Tax Municipality: Tempe
Taxes: 3135
Tax Year: 2017
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 6
# Bathrooms: 4
Approx SQFT: 2656
Price/SqFt: 172.06
Horses: N
Builder Name: Unknown
Year Built: 1964
Approx Lot SqFt: 18564
Pool: Private Only
Elementary School: Holdeman Elementary School
Jr. High School: Geneva Epps Mosley Middle School
High School: Tempe High School
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Remarks & Misc
Cross Street: Broadway and Roosevelt
Directions: North on Roosevelt to Home North of Park, West Side of the Street.
Geo Lat: 33.411152
Geo Lon: -111.94824
Status Change Info
Off Market Date: 2018-03-13
Under Contract Date: 2018-02-09
Close of Escrow Date: 2018-03-16
Sold Price: $457,000
Legal Info
Lot Number: B
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2 $/%: $
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Items Updated
Floor Yr Updated: 2009
Floor Partial/Full: Full
Parking Spaces
Carport Spaces: 4
Total Covered Spaces: 4
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Architecture: Ranch
Master Bathroom: Full Bth Master Bdrm; Double Sinks; Private Toilet Room; 2 Master Baths
Fireplace: 1 Fireplace
Flooring: Tile
Windows: Dual Pane; Low-E
Pool Features: Private; Play Pool
Spa: Private
Dining Area: Eat-in Kitchen
Kitchen Features: Cook Top Gas; Wall Oven(s)
Laundry: Washer Included; Dryer Included
Other Rooms: Family Room; Bonus/Game Room
Features: Vaulted Ceiling(s); 9+ Flat Ceilings
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle
Cooling: Refrigeration
Heating: Natural Gas
Utilities: APS; SW Gas
Water: City Water
Sewer: Sewer - Public
Fencing: Block
Landscaping: Gravel/Stone Front; Gravel/Stone Back
Possession: Subject To Tenant Rights
Association Fee Incl: No Fees
Assoc Rules/Info: None
Existing 1st Loan: Conventional
New Financing: Conventional
Disclosures: Agency Discl Req

Listing Office: Russ Lyon Sotheby's International Realty

Last Updated: April - 12 - 2021

1616 S Roosevelt Street, Tempe, AZ 85281 - MLS# 5697142
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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