NOT LISTED FOR SALE

1524 W Monroe St Phoenix, AZ 85007

Governmental Mall Neighborhood

Estimated Value: $617,000 - $913,000

5 Beds
4 Baths
2,050 Sq Ft
$368/Sq Ft Est. Value

Last Sold November 14, 2017

Last sale price $319,000 $156 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,319/month

20 Days on Market

Highlights

  • Guest House
  • No HOA
  • Carpet
  • Phoenix Coding Academy Rated A
  • Wood Fence
  • Heating Available

About This Home

As of November 2017

Currently this unique property is a fully occupied Triplex and is now also being offered as a single family home with both a Bungalow and Carriage House There are three building on the lot. The main house is 1,274 SF craftsman style home with 3 bedrooms, 2-full baths, W/D hook-ups, front and back patios. The Bungalow is 488SF, 2-bedroom, 3/4 bath, with a W/D hook-up, and the Carriage House is a 315 SF an efficiency with a 3/4 bathroom. Both out buildings have full kitchens and sufficient AC. All units have been updated. Backyard has locking gate on East side of home for access to guest houses. Ideal location is just 1 block from the Capital, and easy access to all of the downtown sports, cultural, and entertainment venues. Short bike or walk to downtown ASU, two-mile drive to PHX College.

Last Listed By

Andrew Engel

Invitation Homes License #SA583439000 Listed on: 08/28/2017

Invitation Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,041

Year Built

  • Built in 1916

Lot Details

  • 7,000 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wood Fence

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,050 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Additional Homes

  • Guest House

Schools

  • Capitol Elementary School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Capitol Blk 13, 19 22, 27 28, Tr A Subdivision

Listing and Financial Details

  • Legal Lot and Block 25 / 1
  • Assessor Parcel Number 112-02-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,041

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Cross Street: W Van Buren & 15th Ave
  • Legal Info Range: 3E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1916
  • Tax Year: 2016
  • Directions: Head South on 15th Ave from Van Buren. Turn West onto Monroe. House is on North side of Street. No sign on Property.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.16
  • Subdivision Name: CAPITOL BLK 13, 19-22, 27-28, TR A
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Carpet, Other
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 2050.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes

Exterior Features

  • Fencing: Wood
  • Lot Features: Alley, Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Other (See Remarks)
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Other Structures: Guest House
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Separate Guest House: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Inside, Other, Wshr/Dry HookUp Only, See Remarks
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Capitol Elementary School
  • High School: Central High School
  • Middle Or Junior School: Capitol Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7000.0
  • Parcel #: 112-02-020
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1041.0
  • Tax Block: 1
  • Tax Book Number: 112.00
  • Tax Lot: 25
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2023
Sold by
Clieve & Associates
Bought by
Sadler Clifton
Total Days on Market
20
Current Estimated Value
$754,214

Purchase Details

Closed on
May 18, 2022
Sold by
Sadler Clifton
Bought by
Clieve And Associates Inc

Purchase Details

Closed on
Feb 8, 2022
Sold by
Sadler and Evette
Bought by
Sadler Clifton and Sadler Evette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,840
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2021
Sold by
Clieve And Associates Llc
Bought by
Sadler Clifton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,840
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2020
Sold by
Larry Sadler Evette
Bought by
Clieve And Associates Llc

Purchase Details

Closed on
May 24, 2019
Sold by
Clieve And Associates Llc
Bought by
Sadler Evette

Purchase Details

Closed on
Feb 6, 2018
Sold by
Clieve And Associates Llc
Bought by
Larry Sadler Evette

Purchase Details

Closed on
Jan 18, 2018
Sold by
Sadler Clifton
Bought by
Clieve And Associates Llc

Purchase Details

Listed on
Aug 28, 2017
Closed on
Nov 13, 2017
Sold by
Larry Sadler Evette M
Bought by
Sadler Clifton A
Seller's Agent
Andrew Engel
Invitation Homes
Buyer's Agent
Zachary Silvernail
DPR Realty LLC
List Price
$319,000
Sold Price
$319,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%
Original Mortgage
$313,222
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 28, 2017
Closed on
Oct 30, 2017
Sold by
Jola Properties2 Llc
Bought by
Sadler Clifton A
Seller's Agent
Andrew Engel
Invitation Homes
Buyer's Agent
Zachary Silvernail
DPR Realty LLC
List Price
$319,000
Sold Price
$319,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,222
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 7, 2014
Closed on
Feb 25, 2014
Sold by
Flaaten Jan Olav and Flaaten Lucille A
Bought by
Macroe Homes Llc
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Michelle Conley
HomeSmart Realty
List Price
$239,000
Sold Price
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$148,600
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 7, 2014
Closed on
Feb 24, 2014
Sold by
The Kordco Corporation
Bought by
Flaaten Jan Olav and Flaaten Lucille A
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Michelle Conley
HomeSmart Realty
List Price
$239,000
Sold Price
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,600
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2013
Sold by
Kordon Karen and Kordon John
Bought by
Kordco Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2013
Sold by
Kordon John and Kordon James
Bought by
Kordon Karen A

Purchase Details

Closed on
Jan 11, 2001
Sold by
Blea Ruben J and Martinez Viola B
Bought by
Kordon John and Kordon James

Range of Values:

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Average Value
Not Available
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
Sadler Clifton -- --
Clieve And Associates Inc -- None Listed On Document
Sadler Clifton -- None Listed On Document
Sadler Clifton -- None Available
Clieve And Associates Llc -- None Available
Sadler Evette -- None Available
Larry Sadler Evette -- None Available
Clieve And Associates Llc -- None Available
Sadler Clifton A -- Driggs Title Agency Inc
Sadler Clifton A $319,000 Driggs Title Agency Inc
Macroe Homes Llc -- Old Republic Title Agency
Flaaten Jan Olav $239,000 Old Republic Title Agency
Kordco Corp -- Empire West Title Agency
Kordon Karen A -- None Available
Kordon John -- Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sadler Clifton $455,840
Previous Owner Sadler Clifton A $313,222
Previous Owner Flaaten Jan Olav $148,600
Previous Owner Kordco Corp $47,000
Previous Owner Kordco Corp $64,000
Previous Owner Kordon John $150,000
Previous Owner Kordon John $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2017 11/14/17 Sold $319,000 0.0% $156 / Sq Ft
11/13/2017 11/13/17 Sold $319,000 0.0% $73 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
09/12/2017 09/12/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $319,000 +33.5% $156 / Sq Ft
02/27/2014 02/27/14 Sold $239,000 0.0% $55 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $239,000 -- $55 / 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 $1,166 $8,723 -- --
2024 $1,155 $8,308 -- --
2023 $1,155 $40,430 $8,080 $32,350
2022 $1,114 $32,060 $6,410 $25,650
2021 $1,106 $29,600 $5,920 $23,680
2020 $1,119 $26,500 $5,300 $21,200
2019 $1,117 $23,410 $4,680 $18,730
2018 $1,098 $19,510 $3,900 $15,610
2017 $1,072 $15,370 $3,070 $12,300
2016 $1,041 $12,000 $2,400 $9,600
2015 $964 $5,820 $1,160 $4,660
Source: Public Records

Agents Affiliated with this Home

  • Andrew Engel

    Seller's Agent in 2017

    Andrew Engel

    Invitation Homes

    (480) 299-3838

    25 Total Sales

    Andrew Engel
    Section Image

  • Z

    Buyer's Agent in 2017

    Zachary Silvernail

    DPR Realty

    (602) 384-3809

    Section Image
  • Lloyd Kaipainen

    Seller's Agent in 2014

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image

  • L

    Seller Co-Listing Agent in 2014

    Lois Kaipainen

    Income Property Shop

    Section Image
  • Michelle Conley

    Buyer's Agent in 2014

    Michelle Conley

    HomeSmart Realty

    (602) 903-8258

    39 Total Sales

    Michelle Conley
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5652521

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-02-020

Arizona Maricopa County Phoenix 85007 Governmental Mall

1524 W Monroe St, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 1524 W Monroe St, Phoenix, AZ 85007 since 28 August 2017 and is currently estimated at $754,214, approximately $367 per square foot. This property was built in 1916. 1524 W Monroe St is a home located in Maricopa County with nearby schools including Mary Mcleod Bethune School, Phoenix Coding Academy, and Central High 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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