P
Seller's Agent in 2025
Preston Richardson
Realty ONE Group Mountain Desert
(480) 685-2760
1 in this area
51 Total Sales
1506 E Monroe St Phoenix, AZ 85034
Garfield Neighborhood
3
Beds
2
Baths
1,221
Sq Ft
6,750
Sq Ft Lot
Highlights
- Wood Flooring
- Granite Countertops
- Covered Patio or Porch
- Phoenix Coding Academy Rated A
- No HOA
- Double Pane Windows
About This Home
As of March 2025Nestled in the heart of downtown Phoenix, this updated 3-bedroom, 2-bathroom home offers a blend of charm and opportunity. With sought-after R-5 zoning, the property is primed for multi-family development, making it an ideal investment or house hacking opportunitya€''live in one part while renting out the rest to offset your mortgage. Recent updates include wide plank flooring, kitchen and bathroom remodels, and a roof refresh in 2020 and 2024. Large windows fill the home with natural light. The spacious backyard features a 10x10 concrete pad and endless possibilities for your vision. Close to top dining spots and entertainment venues, this home is move-in ready or ready for your next development project. Don't miss out on this fantastic opportunity in a rapidly growing area!
Last Agent to Sell the Property
Realty ONE Group Mountain Desert License #SA680936000 Listed on: 10/30/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,082
Year Built
- Built in 1941
Lot Details
- 6,750 Sq Ft Lot
- Wrought Iron Fence
- Block Wall Fence
- Artificial Turf
- Front Yard Sprinklers
Home Design
- Composition Roof
- Stucco
- Adobe
Interior Spaces
- 1,221 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Washer and Dryer Hookup
Kitchen
- Kitchen Updated in 2024
- Granite Countertops
Flooring
- Floors Updated in 2024
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom Updated in 2024
- 2 Bathrooms
Parking
- 2 Open Parking Spaces
- 1 Carport Space
Schools
- Asu Preparatory Academy - Polytechnic Elementary School
- Asu Preparatory Academy - Phoenix Middle School
- Asu Preparatory Academy - Phoenix High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- High Speed Internet
Additional Features
- No Interior Steps
- Covered Patio or Porch
Community Details
- No Home Owners Association
- Association fees include no fees
- Collins Addition Phoenix Blocks 31 34 & 39 40 Subdivision
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 116-46-015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 1, 2025
Sold by
Rettinger Daniel and Usmani Najma
Bought by
Mohammed Sana Maryam
Current Estimated Value
Purchase Details
Listed on
Oct 30, 2024
Closed on
Mar 12, 2025
Sold by
Aviato Holdings Llc
Bought by
Rettinger Daniel and Usmani Najma
Seller's Agent
Preston Richardson
Realty ONE Group Mountain Desert
Buyer's Agent
Alice Blakely
The Brokery
List Price
$440,000
Sold Price
$399,500
Premium/Discount to List
-$40,500
-9.2%
Views
111
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.14%
Purchase Details
Closed on
May 12, 2021
Sold by
Carpenter Scott
Bought by
Aviato Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 2, 2020
Closed on
Sep 17, 2020
Sold by
Im In Mud Llc
Bought by
Sampo Carpenter Properties Llc
Seller's Agent
Pablo Acosta
Colonial Realty, LLC
Buyer's Agent
Julia Brummer
LPT Realty, LLC
List Price
$250,000
Sold Price
$182,500
Premium/Discount to List
-$67,500
-27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.55%
Original Mortgage
$174,200
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Listed on
Aug 2, 2020
Closed on
Aug 27, 2020
Sold by
Knox Ranch Az Llc
Bought by
Im In Mud Llc
Seller's Agent
Pablo Acosta
Colonial Realty, LLC
Buyer's Agent
Julia Brummer
LPT Realty, LLC
List Price
$250,000
Sold Price
$182,500
Premium/Discount to List
-$67,500
-27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,200
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 13, 2019
Sold by
Knox Gary A
Bought by
Knox Ranch Az Llc
Purchase Details
Closed on
Sep 30, 2019
Sold by
Knox Britton A and Knox Lester L
Bought by
Knox Gary A
Purchase Details
Closed on
Nov 30, 2012
Sold by
Knox Lester L and Knox Helen P
Bought by
Knox Lester L and Revocabl Helen P Knox
Purchase Details
Closed on
May 3, 1999
Sold by
Knox Lester L and Knox Helen P
Bought by
Knox Lester L and Knox Helen P
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $399,500 | Clear Title Agency Of Arizona | |
| Warranty Deed | $399,500 | Clear Title Agency Of Arizona | |
| Warranty Deed | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Driggs Title Agency Inc | |
| Interfamily Deed Transfer | -- | Driggs Title Agency Inc | |
| Special Warranty Deed | $205,000 | None Available | |
| Warranty Deed | $182,500 | Fidelity Natl Ttl Agcy Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $307,500 | New Conventional | |
| Previous Owner | $174,200 | Commercial | |
| Previous Owner | $183,363 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/19/2025 03/19/25 | Sold | $399,500 | -6.0% | $327 / Sq Ft | |
| 02/13/2025 02/13/25 | Price Changed | $425,000 | -3.4% | $348 / Sq Ft | |
| 01/16/2025 01/16/25 | For Sale | $440,000 | +10.1% | $360 / Sq Ft | |
| 01/10/2025 01/10/25 | Off Market | $399,500 | -- | -- | |
| 12/19/2024 12/19/24 | For Sale | $440,000 | +10.1% | $360 / Sq Ft | |
| 12/16/2024 12/16/24 | Off Market | $399,500 | -- | -- | |
| 10/30/2024 10/30/24 | For Sale | $440,000 | +141.1% | $360 / Sq Ft | |
| 09/17/2020 09/17/20 | Sold | $182,500 | -27.0% | $149 / Sq Ft | View Prior Sale |
| 09/04/2020 09/04/20 | For Sale | $250,000 | 0.0% | $205 / Sq Ft | |
| 08/31/2020 08/31/20 | Price Changed | $250,000 | 0.0% | $205 / Sq Ft | |
| 08/14/2020 08/14/20 | Pending | -- | -- | -- | |
| 08/07/2020 08/07/20 | For Sale | $250,000 | 0.0% | $205 / Sq Ft | |
| 08/05/2020 08/05/20 | Pending | -- | -- | -- | |
| 08/02/2020 08/02/20 | For Sale | $250,000 | -- | $205 / 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 | $2,211 | $15,566 | -- | -- |
| 2024 | $2,061 | $14,825 | -- | -- |
| 2023 | $2,061 | $24,770 | $4,950 | $19,820 |
| 2022 | $461 | $16,330 | $3,260 | $13,070 |
| 2021 | $458 | $13,320 | $2,660 | $10,660 |
| 2020 | $463 | $12,570 | $2,510 | $10,060 |
| 2019 | $463 | $9,370 | $1,870 | $7,500 |
| 2018 | $455 | $7,200 | $1,440 | $5,760 |
| 2017 | $444 | $6,380 | $1,270 | $5,110 |
| 2016 | $431 | $5,750 | $1,150 | $4,600 |
| 2015 | $399 | $4,580 | $910 | $3,670 |
Source: Public Records
Agents Affiliated with this Home
-
Preston Richardson
-
Alice Blakely
Buyer's Agent in 2025
Alice Blakely
The Brokery
(602) 320-4066
1 in this area
34 Total Sales
-
Pablo Acosta
Seller's Agent in 2020
Pablo Acosta
Colonial Realty, LLC
(602) 931-0369
2 in this area
19 Total Sales
-
Julia Brummer
Buyer's Agent in 2020
Julia Brummer
LPT Realty, LLC
(602) 730-5842
127 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6777514
APN: 116-46-015
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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