NOT LISTED FOR SALE

1305 W Monroe St Phoenix, AZ 85007

Governmental Mall Neighborhood

Estimated Value: $518,000 - $660,000

Studio

2 Baths

1,150 Sq Ft

$528/Sq Ft Est. Value

Date Sold: October 21, 2022

Last sale price $593,000 $516 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,328 / mo

26 Days on Market

Highlights

Wood Flooring
Phoenix Coding Academy Rated A
Multiple Heating Units

About This Home

As of October 2022

**One-of-a-kind fourplex in Woodland Historic District!** The front home is single-level and includes two units; both two bedroom / one bathroom. The back stacked home includes two units; both one bedroom / one bathroom. All four residences are unique in layout and style, and each feature various updates while maintaining the integrity of their distinctive historic presence. Unit A & B are both currently occupied by long-term tenants, and Unit D & E are vacant and ready for move-in. Unit C is a shared laundry. Additional 1100sf space above front home which could potentially be converted into a 5th unit! Huge potential for rental income increase; see private remarks for full details on improvements as well as income opportunity! **Two units available to view, and Matterport for all four.**

Last Agent to Sell the Property

Natasha Lawrence

LOVE PHX License #BR679078000 Listed on: 07/07/2022

Last Buyer's Agent

Seth Mcmanus

Brokers Hub Realty, LLC License #BR675163000

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Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,422

Year Built

Built in 1926

Lot Details

6,273

Parking

On-Street Parking

Home Design

Brick Exterior Construction
Composition Roof
Stucco

Flooring

Wood
Concrete

Utilities

Cooling Available
Multiple Heating Units
Heat Pump System

Listing and Financial Details

The owner pays for landscaping
Legal Lot and Block 2 / B
Assessor Parcel Number 112-03-073

Community Details

Overview

2 Buildings
4 Units
Building Dimensions are 125.47 x 49.95
Woodland Place Subdivision

Building Details

Operating Expense $2,422
Gross Income $26,700
Net Operating Income $53,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,422

Year Built

Built in 1926

Lot Details

6,273 Sq Ft Lot

Listing Details

Cross Street: 15 Avenue & Van Buren
Legal Info Range: 3E
Property Type: Multiple Dwellings
Zoning: R-5
Number Of Buildings: 2
Ownership: Fee Simple
Year Built: 1926
Tax Year: 2021
Road Surface Type: Asphalt
Subdivision Name: WOODLAND PLACE
Construction Brick: Yes
Roofing:Composition: Yes
Water Source City Franchise2: Yes
Special Features: VirtualTour
Property Sub Type: MultiFamily

Interior Features

Flooring: Wood, Concrete
Appliances: Free-Standing Range, Other, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Appliances Included:FS OvenRange: Yes
Appliances Included:Microwave2: Yes
Appliances Included:WasherDryer: Yes
Appliances Included:Other (See Remarks)56: Yes
Appliances Included:Refrigerator2: Yes
Appliances Included:Dishwasher2: Yes
Appliances Included:Disposal2: Yes

Exterior Features

Disclosures: Other (See Remarks), Seller Prop Disc Stm
Construction Type: Painted, Stucco, Brick
Roof: Composition

Garage/Parking

Parking Features: On Street
Attached Garage: No
Parking Features Street Parking: Yes

Utilities

Electric: APS
Cooling: Electric, Heat Pump, Individual
Heating: Heat Pump, 2 or More Units
Cooling Y N: Yes
Heating Yn: Yes
Water Source: City Franchise
Heating:Heat Pump2: Yes

Condo/Co-op/Association

Community Features: See Remarks, No Pool

Association/Amenities

Interior Amenities:Drapes2: Yes
Exterior Amenities:Other (See Remarks)58: Yes
Interior Amenities:Partially Furnished: Yes

Schools

Junior High Dist: Phoenix Union High School District

Lot Info

Lot Size: 125.47 x 49.95
Additional Parcels: No
Parcel #: 112-03-073

Multi Family

Owner Pays: Landscaping
Number Of Units Total: 4
Annual Gross Income: 26700.0
Property Net Operating Income: 53400.0
Annual Operating Expense: 2422.0
Vacancy Allowance Rate: 0.5

Tax Info

Tax Annual Amount: 2422.0
Tax Block: B
Tax Book Number: 112.00
Tax Lot: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Aug 2022 - Present 4 Years and 1 Month

Private Individual

Purchase Details

Closed on

Aug 2, 2022

Sold by

Koop Thomas

Bought by

Current Estimated Value

$566,840

Original Mortgage

$582,259

Interest Rate

5.12%

Mortgage Type

FHA

Jan 2020 - Aug 2022 Gluszk Thomas and Handler Allison 2 Years and 7 Months

Private Individual

Purchase Details

Closed on

Jan 30, 2020

Sold by

Gluszk Thomas Js

Bought by

Gluszk Thomas and Handler Allison

Original Mortgage

$251,900

Interest Rate

3.7%

Mortgage Type

New Conventional

Dec 2014 - Jan 2020 Gluszk Thomas Js 5 Years and 1 Month

Private Individual

Purchase Details

Listed on

Feb 25, 2014

Closed on

Dec 9, 2014

Sold by

Bakke David A and Mullins Bakke Cynthia N

Bought by

Gluszk Thomas Js

Seller's Agent

John Fagundes

AZREAPM

Buyer's Agent

Eric Ford

My Home Group Real Estate

List Price

$325,000

Sold Price

$255,000

Premium/Discount to List

-$70,000

-21.54%

Avg. Annual Appreciation

7.66%

Original Mortgage

$260,482

Interest Rate

3.95%

Mortgage Type

FHA

Jan 1996 - Dec 2014 Bakke David A 18 Years and 11 Months

Private Individual

Purchase Details

Closed on

Jan 29, 1996

Sold by

Dameo Phyllis J

Bought by

Bakke David A

Mar 1994 - Jan 1996 Dameo Phyllis J 1 Year and 10 Months

Private Individual

Purchase Details

Closed on

Mar 29, 1994

Sold by

Great Western Bank

Bought by

Dameo Phyllis J

Source: Public Records

Agents Specializing in Governmental Mall, AZ

James Goodman

Keller Williams Realty Sonoran Living

(480) 750-7625

198 Total Sales

1 in Governmental Mall

$410,000 Price

James Goodman
Sherry Rampy

Responds Quickly

Brokers Hub Realty, LLC

(888) 612-3127

80 Total Sales

1 in Governmental Mall

$425,000 Price

Sherry Rampy
David Mendel

eXp Realty

(888) 586-2019

90 Total Sales

1 in Governmental Mall

$410,000 Price

David Mendel
Shannon Collins

HomeSmart

(623) 299-8246

58 Total Sales

2 in Governmental Mall

$250K - $275K Price Range

Shannon Collins
Sean O'Carroll

Citiea

(888) 597-5034

193 Total Sales

2 in Governmental Mall

$340,000 Price Range

Sean O'Carroll
Vince Correa

eXp Realty

(623) 323-7308

11 Total Sales

1 in Governmental Mall

$305,000 Price

Vince Correa

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Buyer	Sale Price	Title Company
	$593,000	First American Title
Gluszk Thomas	--	Clear Title Agency Of Az
Gluszk Thomas Js	$255,000	Stewart Title & Trust Of Pho
Bakke David A	$15,000	First American Title
Bakke David A	--	First American Title
Dameo Phyllis J	$18,750	Transamerica Title Ins Co

Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Status	Borrower	Loan Amount
Open		$241,250
Closed	Mcmanus Richard Seth	$241,250
Previous Owner	Mcmanus Richard Seth	$582,259
Previous Owner	Gluszk Thomas	$254,700
Previous Owner	Gluszk Thomas	$251,900
Previous Owner	Gluszk Thomas Js	$260,482
Previous Owner	Bakke David A	$95,000

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date	Event	Price	List to Sale	Price per Sq Ft	Prior Sale
10/21/2022 10/21/22	Sold	$593,000	-34.1%	$516 / Sq Ft
10/14/2022 10/14/22	Price Changed	$899,999	0.0%	$783 / Sq Ft
08/02/2022 08/02/22	Pending	--	--	--
07/07/2022 07/07/22	For Sale	$899,999	+252.9%	$783 / Sq Ft
12/09/2014 12/09/14	Sold	$255,000	-21.5%	$222 / Sq Ft	View Prior Sale
10/31/2014 10/31/14	Pending	--	--	--
02/25/2014 02/25/14	For Sale	$325,000	--	$283 / Sq Ft

Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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	$2,416	$19,104
2024	$2,243	$17,510
2023	$2,243	$30,320	$6,060	$24,260
2022	$2,440	$24,950	$4,990	$19,960
2021	$2,422	$23,150	$4,630	$18,520
2020	$2,450	$22,030	$4,400	$17,630
2019	$2,446	$19,800	$3,960	$15,840
2018	$1,542	$19,300	$3,860	$15,440
2017	$1,506	$18,330	$3,660	$14,670
2016	$1,463	$14,800	$2,960	$11,840
2015	$1,354	$15,410	$3,080	$12,330

Source: Public Records

Agents Affiliated with this Home

Seller's Agent in 2022

Natasha Lawrence

LOVE PHX

(602) 291-3015

1 in this area

86 Total Sales

Natasha Lawrence
Buyer's Agent in 2022

Seth Mcmanus

Brokers Hub Realty, LLC

(803) 984-5511

1 in this area

36 Total Sales

Seth Mcmanus
Seller's Agent in 2014

John Fagundes

AZREAPM

(602) 320-0406

194 Total Sales

John Fagundes
Seller Co-Listing Agent in 2014

Michelle Dryden

AZREAPM

(602) 615-9371

37 Total Sales

Michelle Dryden
Buyer's Agent in 2014

Eric Ford

My Home Group Real Estate

(602) 538-5544

250 Total Sales

Eric Ford

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6430382

APN: 112-03-073

Arizona Maricopa County Phoenix 85007 Governmental Mall

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.

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

Nearby Homes

1305 W Monroe St Phoenix, AZ 85007

Sale Details

Highlights

About This Home

Property Details

Home Type

Est. Annual Taxes

Year Built

Lot Details

Parking

Home Design

Flooring

Utilities

Listing and Financial Details

Community Details

Overview

Building Details

Property Details

Listing Details

Interior Features

Exterior Features

Garage/Parking

Utilities

Condo/Co-op/Association

Association/Amenities

Schools

Lot Info

Multi Family

Tax Info

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Purchase Details

Purchase Details

Home Values in the Area

Average Home Value in this Area

Agents Specializing in Governmental Mall, AZ

Purchase History

Mortgage History

Property History

Tax History

Agents Affiliated with this Home

Map