Sheila DeVault
HomeSmart
(623) 401-0737
40 Total Sales
1 in Garfield
$479,900 Price
1506 E Monroe St Phoenix, AZ 85034
Garfield NeighborhoodEstimated Value: $284,000 - $425,000
3
Beds
2
Baths
1,221
Sq Ft
$298/Sq Ft
Est. Value
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 opportunityâ€''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
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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
- Combination Dining and Living Room
- Washer and Gas Dryer Hookup
Kitchen
- Kitchen Updated in 2024
- Gas Oven
- Gas Range
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Floors Updated in 2024
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom Updated in 2024
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
- Gas Water Heater
- 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
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
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 1, 2025
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Oct 30, 2024
Closed on
Mar 12, 2025
Sold by
Bought by
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
-6.31%
Purchase Details
Closed on
May 12, 2021
Sold by
Bought by
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
Bought by
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
12.29%
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
Bought by
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
Bought by
Purchase Details
Closed on
Sep 30, 2019
Sold by
Bought by
Purchase Details
Closed on
Nov 30, 2012
Sold by
Bought by
Purchase Details
Closed on
May 3, 1999
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Garfield, AZ
-
Sheila DeVault
-
Itzel Zimmer
Itzel Zimmer
HomeSmart
(623) 632-0911
155 Total Sales
1 in Garfield
$535,000 Price
-
Sean O'Carroll
Sean O'Carroll
Citiea
(888) 597-5034
192 Total Sales
3 in Garfield
$480K - $555K Price Range
-
Nicholas Yale
Nicholas Yale
Responds QuicklyBrokers Hub Realty, LLC
(888) 568-1365
166 Total Sales
13 in Garfield
$250K - $385K Price Range
-
Lee Fisher
Lee Fisher
L.A. Fisher Real Estate Investment Company
(855) 945-4243
45 Total Sales
1 in Garfield
$380,000 Price
-
Michelle Lohman
Michelle Lohman
Realty ONE Group
(623) 263-2758
93 Total Sales
1 in Garfield
$322,500 Price
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.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $399,500 | Clear Title Agency Of Arizona | ||
| $399,500 | Clear Title Agency Of Arizona | ||
| -- | Driggs Title Agency Inc | ||
| -- | Driggs Title Agency Inc | ||
| -- | Accommodation | ||
| $205,000 | None Available | ||
| $182,500 | Fidelity Natl Ttl Agcy Inc | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | -- |
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.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $307,500 | ||
| Previous Owner | $300,700 | ||
| Previous Owner | $174,200 | ||
| Previous Owner | $183,363 |
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 |
|---|---|---|---|---|---|
| 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
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 | $2,211 | $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
PR
Seller's Agent in 2025
Preston Richardson
Realty ONE Group Mountain Desert
(480) 685-2760
1 in this area
50 Total Sales
-
Alice Blakely
Buyer's Agent in 2025
Alice Blakely
The Brokery
(602) 320-4066
1 in this area
40 Total Sales
-
Pablo Acosta
Seller's Agent in 2020
Pablo Acosta
Colonial Realty, LLC
(602) 931-0369
2 in this area
16 Total Sales
-
Julia Brummer
Buyer's Agent in 2020
Julia Brummer
LPT Realty, LLC
(602) 730-5842
132 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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