NOT LISTED FOR SALE

1134 W Monterosa St Phoenix, AZ 85013

Uptown Phoenix Neighborhood

Estimated Value: $494,317 - $544,000

-- Bed
-- Bath
1,643 Sq Ft
$322/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $159,000 $97 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $2,882/month

365 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of November 2014

INVESTORS! It doesn't get easier! 9.6% cap rate in an excellent location within walking distance to shopping & dining in the Melrose District . Two - 2/1 units. Property has been well maintained with all new tile throughout in one unit, the other with new wood laminate & carpet in bedrooms, fresh paint in both. Both AC units have been replaced within the last 3-6 yrs. 2 car garage with new, over-sized door. Both units have small, private yard. Tenants Rights, Do not disturb. AS IS Sale.

Last Agent to Sell the Property

Julie stevens

Realty ONE Group License #SA633518000 Listed on: 10/07/2013

Realty ONE Group

Last Buyer's Agent

Jesse Murrieta

ATLAS AZ, LLC License #SA645753000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $613

Year Built

  • Built in 1959

Lot Details

  • 6,011

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 155-40-119

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6030

Building Details

  • Operating Expense $2,333
  • Net Operating Income $15,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$613

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 7th Ave and Indian School
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2012
  • Directions: Indian School, North on 11th Ave, West on Monterosa to property
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: BI Oven/Range, F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Street Parking
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Garage Details: Yes
  • Parking:Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1420.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 6030
  • Additional Parcels: No
  • Parcel #: 155-40-119

Multi Family

  • Owner Pays: Other, See Remarks, Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 2
  • Electric Expense: 300.0
  • Property Net Operating Income: 15650.0
  • Annual Operating Expense: 2333.0

Tax Info

  • Tax Annual Amount: 613.0
  • Tax Book Number: 155.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2013
Closed on
Nov 18, 2014
Sold by
Lammie Michael P and Lammie Melissa
Bought by
Klingelhoets Dalenna
Seller's Agent
Julie stevens
Realty ONE Group
Buyer's Agent
Jesse Murrieta
ATLAS AZ, LLC
List Price
$189,900
Sold Price
$159,000
Premium/Discount to List
-$30,900
-16.27%
Current Estimated Value
$528,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,329
Avg. Annual Appreciation
11.70%
Original Mortgage
$96,100
Outstanding Balance
$74,308
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$454,021

Purchase Details

Closed on
Nov 12, 2004
Sold by
Mcavoy Patrick J and Mcavoy Iris S
Bought by
Lammie Michael P and Lammie Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2001
Sold by
Boucher Christopher
Bought by
Mcavoy Patrick J and Mcavoy Iris S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,547
Interest Rate
7.21%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 1998
Sold by
Ganci Juanita K
Bought by
Boucher Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Klingelhoets Dalenna $159,000 Great Amer Title Agency Inc
Lammie Michael P -- Grand Canyon Title Agency In
Mcavoy Patrick J $107,500 First American Title
Boucher Christopher $82,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klingelhoets Dalenna $96,100
Previous Owner Lammie Michael P $132,000
Previous Owner Mcavoy Patrick J $106,547
Previous Owner Boucher Christopher $61,500
Closed Boucher Christopher $12,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $159,000 -16.3% $97 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
10/07/2013 10/07/13 For Sale $189,900 -- $116 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,106 $8,812 -- --
2024 $1,068 $8,393 -- --
2023 $1,068 $34,650 $6,930 $27,720
2022 $997 $23,870 $4,770 $19,100
2021 $1,020 $20,780 $4,150 $16,630
2020 $993 $17,310 $3,460 $13,850
2019 $949 $14,930 $2,980 $11,950
2018 $916 $15,160 $3,030 $12,130
2017 $837 $10,610 $2,120 $8,490
2016 $807 $9,010 $1,800 $7,210
2015 $751 $7,970 $1,590 $6,380
Source: Public Records

Agents Affiliated with this Home

  • Julie stevens

    Seller's Agent in 2014

    Julie stevens

    Realty One Group

    (602) 284-4030

    11 Total Sales

    Julie stevens
    Section Image

  • J

    Buyer's Agent in 2014

    Jesse Murrieta

    ATLAS AZ, LLC

    (602) 753-0266

    1 Total Sale

    Jesse Murrieta
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5011352

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-40-119

Arizona Maricopa County Phoenix 85013 Uptown Phoenix

1134 W Monterosa St, Phoenix, AZ

This home is located at 1134 W Monterosa St, Phoenix, AZ 85013 since 07 October 2013 and is currently estimated at $528,329, approximately $321 per square foot. This property was built in 1959. 1134 W Monterosa St is a home located in Maricopa County with nearby schools including Clarendon Elementary School, Encanto Elementary School, and Osborn Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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