1502 W Monroe St Phoenix, AZ 85007
Governmental Mall NeighborhoodEstimated Value: $445,000 - $644,779
8
Beds
4.5
Baths
2,214
Sq Ft
$237/Sq Ft
Est. Value
Highlights
- Guest House
- The property is located in a historic district
- Wood Flooring
- Phoenix Coding Academy Rated A
- Vaulted Ceiling
- Main Floor Primary Bedroom
About This Home
As of July 2022MUTI-FAMILY!!!DOWNTOWN HISTORIC DIAMOND! This is a full rehab 1911 Craftsman Historic District Home loaded with incredible potential! 8beds/4 1/2 baths, included: Basement/Bomb Shelter/Wine Cellar in the main house. 2Bed/1ba apartment w/ kitchen above the detached 2 car garage! Corner Lot/ Home has been completely cleaned out and ready for rehab. 3 min.
3 min. The Van Buren Live Music Venue
5 min. Japanese Friendship Garden of Phoenix
6 min. Chase Field
7 min. Arizona Science Center
Last Listed By
Ray Whitby
RW Real Estate, LLC License #BR512102000 Listed on: 05/27/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,636
Year Built
- Built in 1911
Lot Details
- 8,400 Sq Ft Lot
- Wood Fence
- Block Wall Fence
- Chain Link Fence
- Corner Lot
Parking
- 2 Car Garage
Home Design
- Fixer Upper
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,214 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- 1 Fireplace
- Wood Flooring
- Unfinished Basement
Kitchen
- Eat-In Kitchen
- Gas Cooktop
Bedrooms and Bathrooms
- 8 Bedrooms
- Primary Bedroom on Main
- 4.5 Bathrooms
Outdoor Features
- Balcony
- Covered patio or porch
Schools
- Kenilworth Elementary School
- Central High School
Utilities
- Refrigerated and Evaporative Cooling System
- Heating System Uses Natural Gas
Additional Features
- Guest House
- The property is located in a historic district
Community Details
- No Home Owners Association
- Association fees include no fees
- Built by craftsman
- Capitol Addition Blocks 13 & 19 22 & 27 28 Tract A Subdivision
Listing and Financial Details
- Legal Lot and Block 30 / 1
- Assessor Parcel Number 112-02-024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2022
Closed on
Jul 14, 2022
Sold by
Foreclosure Relief Specialists Llc
Bought by
Lux Limited Company
Seller's Agent
Ray Whitby
RW Real Estate, LLC
Buyer's Agent
Austin Carlise
Keller Williams Realty Sonoran Living
List Price
$429,500
Sold Price
$362,000
Premium/Discount to List
-$67,500
-15.72%
Total Days on Market
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,695
Avg. Annual Appreciation
13.99%
Original Mortgage
$450,000
Interest Rate
5.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 20, 2022
Sold by
David Blaylock
Bought by
Az Real Estate Buyers Llc
Purchase Details
Closed on
Oct 27, 2004
Sold by
Blaylock Sue A
Bought by
Blaylock David R and Blaylock Sue A
Purchase Details
Closed on
Apr 7, 2004
Sold by
Blaylock David R
Bought by
Blaylock Sue A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 25, 2004
Sold by
Draney Thomas L and Davis Carol A
Bought by
Blaylock David R and Blaylock Sue A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2002
Sold by
Draney Thomas L and Davis Carol A
Bought by
Blaylock David R and Blaylock Sue A
Purchase Details
Closed on
May 16, 2002
Sold by
Draney Bill
Bought by
Davis James M and Davis Carol A
Purchase Details
Closed on
Jan 26, 1995
Sold by
Draney Lucille L
Bought by
Draney Lucille L
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Similar Homes in Phoenix, AZ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lux Limited Company | $362,000 | New Title Company Name | |
| Az Real Estate Buyers Llc | $250,000 | None Listed On Document | |
| Blaylock David R | -- | -- | |
| Blaylock Sue A | -- | Fidelity National Title | |
| Blaylock David R | -- | Fidelity National Title | |
| Blaylock David R | $10,000 | -- | |
| Davis James M | -- | -- | |
| Draney Lucille L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lux Limited Company | $546,000 | |
| Closed | Lux Limited Company | $450,000 | |
| Previous Owner | Blaylock Sue A | $10,000 | |
| Previous Owner | Blaylock Sue A | $85,200 | |
| Previous Owner | Blaylock Sue A | $120,000 | |
| Closed | Blaylock David R | $0 | |
| Closed | Blaylock Sue A | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2022 07/15/22 | Sold | $362,000 | -15.7% | $164 / Sq Ft |
| 06/14/2022 06/14/22 | For Sale | $429,500 | 0.0% | $194 / Sq Ft |
| 06/14/2022 06/14/22 | Price Changed | $429,500 | -2.3% | $194 / Sq Ft |
| 06/11/2022 06/11/22 | Price Changed | $439,500 | 0.0% | $199 / Sq Ft |
| 06/10/2022 06/10/22 | Pending | -- | -- | -- |
| 06/09/2022 06/09/22 | Pending | -- | -- | -- |
| 06/07/2022 06/07/22 | Price Changed | $439,500 | -6.4% | $199 / Sq Ft |
| 05/27/2022 05/27/22 | For Sale | $469,500 | -- | $212 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,712 | $12,799 | -- | -- |
| 2024 | $1,695 | $12,190 | -- | -- |
| 2023 | $1,695 | $19,860 | $3,972 | $15,888 |
| 2022 | $1,649 | $16,029 | $3,206 | $12,823 |
| 2021 | $1,636 | $15,023 | $3,001 | $12,022 |
| 2020 | $1,627 | $15,046 | $3,007 | $12,039 |
| 2019 | $1,624 | $14,993 | $2,995 | $11,998 |
| 2018 | $1,051 | $11,237 | $2,246 | $8,991 |
| 2017 | $1,026 | $10,471 | $2,094 | $8,377 |
| 2016 | $1,014 | $8,588 | $1,714 | $6,874 |
| 2015 | $938 | $8,775 | $1,755 | $7,020 |
Source: Public Records
Agents Affiliated with this Home
-
R
Seller's Agent in 2022
Ray Whitby
RW Real Estate, LLC
-
Austin Carlise
A
Buyer's Agent in 2022
Austin Carlise
Keller Williams Realty Sonoran Living
(480) 767-3000
1 in this area
55 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6407284
APN: 112-02-024
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
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