NOT LISTED FOR SALE

1525 E Monroe St Phoenix, AZ 85034

Garfield Neighborhood

Estimated Value: $289,000 - $439,000

3 Beds
2 Baths
1,344 Sq Ft
$289/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $130,000 $97 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $2,252/month

53 Days on Market

Highlights

  • City Lights View
  • No HOA
  • Tile Flooring
  • Phoenix Coding Academy Rated A
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of May 2018

Investor special! Great opportunity to own an investment property (duplex) downtown close to sporting arenas, lightrail, restaurants and night life! Recently updated floors, kitchens and bathrooms. Lots of space with big rooms. 6 Panel interior doors, tiled showers, ceiling fan. Front unit is a 2 bedroom with 1 bathroom and rear unit has 1 bedroom, living space, bathroom and kitchen. The units are really nice. Big lot with extra space zoned R-5 may have building potential for more units. PLEASE DO NOT DISTURB TENANT.

Last Agent to Sell the Property

Jason Fleming

Realty ONE Group License #SA628353000 Listed on: 02/01/2018

Co-Listed By

Lynn Ashton Jr

Realty ONE Group License #BR007776000

Last Buyer's Agent

Jason Fleming

Realty ONE Group License #SA628353000 Listed on: 02/01/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $692

Year Built

  • Built in 1941

Lot Details

  • 7,000 Sq Ft Lot
  • Block Wall Fence
  • Chain Link Fence

Parking

  • 1 Carport Space

Home Design

  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • City Lights Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Wood Elementary School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Collins Phoenix Blks 23 26, 17, 27 Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 8
  • Assessor Parcel Number 116-46-079

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$692

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Cross Street: 16TH ST & MONROE
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1941
  • Tax Year: 2017
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: reog13
  • Co List Office Phone: 623-552-3773
  • Subdivision Name: COLLINS PHOENIX BLKS 23-26, 17, 27
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 96.72
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1344.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • View: City Lights
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • 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

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Wood School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7000.0
  • Parcel #: 116-46-079
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 692.0
  • Tax Block: 8
  • Tax Book Number: 116.00
  • Tax Lot: 6
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Apr 23, 2018
Sold by
Kss Financial Housing Llc
Bought by
Singh Harjeet and Kaur Manjeet
Seller's Agent
Jason Fleming
Realty ONE Group
Buyer's Agent
Jason Fleming
Realty ONE Group
List Price
$145,000
Sold Price
$130,000
Premium/Discount to List
-$15,000
-10.34%
Current Estimated Value
$417,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,105
Avg. Annual Appreciation
15.36%
Original Mortgage
$97,500
Outstanding Balance
$57,238
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$331,611

Purchase Details

Listed on
Nov 24, 2013
Closed on
Jan 2, 2014
Sold by
Marty Jan
Bought by
Kss Financial Housing Llc
Seller's Agent
Vivian Schiliro
HomeSmart
Buyer's Agent
Brian Petree
West USA Choice
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.45%
Original Mortgage
$60,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2009
Sold by
Diggs Tanya G
Bought by
Marty John

Purchase Details

Closed on
Mar 10, 2006
Sold by
Diggs Don Gregory
Bought by
Diggs Tanya G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2001
Sold by
Diggs George E and Diggs Alice G
Bought by
The Diggs Family Trust Revocable Living
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Singh Harjeet $130,000 Fidelity National Title Agen
Kss Financial Housing Llc $60,000 Great American Title Agency
Marty John $79,000 None Available
Diggs Tanya G -- Arizona Title Agency Inc
The Diggs Family Trust Revocable Living -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Harjeet $97,500
Previous Owner Kss Financial Housing Llc $60,000
Previous Owner Diggs Tanya G $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2018 05/04/18 Sold $130,000 -10.3% $97 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $145,000 0.0% $108 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $145,000 +141.7% $108 / Sq Ft
12/30/2013 12/30/13 Sold $60,000 0.0% $45 / Sq Ft View Prior Sale
11/30/2013 11/30/13 Pending -- -- --
11/24/2013 11/24/13 For Sale $60,000 -- $45 / 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 $799 $5,626 -- --
2024 $745 $5,358 -- --
2023 $745 $26,000 $5,200 $20,800
2022 $719 $17,710 $3,540 $14,170
2021 $713 $15,020 $3,000 $12,020
2020 $721 $13,810 $2,760 $11,050
2019 $720 $10,410 $2,080 $8,330
2018 $708 $7,620 $1,520 $6,100
2017 $692 $7,130 $1,420 $5,710
2016 $672 $5,500 $1,100 $4,400
2015 $622 $5,280 $1,050 $4,230
Source: Public Records

Agents Affiliated with this Home

  • Jason Fleming

    Seller's Agent in 2018

    Jason Fleming

    Realty One Group

    (623) 910-4994

    183 Total Sales

    Jason Fleming
    Section Image
  • Lynn Ashton Jr

    Seller Co-Listing Agent in 2018

    Lynn Ashton Jr

    Realty One Group

    (623) 695-4831

    195 Total Sales

    Lynn Ashton Jr
    Section Image
  • Vivian Schiliro

    Seller's Agent in 2013

    Vivian Schiliro

    HomeSmart

    (602) 692-7790

    12 Total Sales

    Vivian Schiliro
    Section Image

  • B

    Buyer's Agent in 2013

    Brian Petree

    West USA Choice

    1 Total Sale

    Brian Petree
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5718246

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-46-079

Arizona Maricopa County Phoenix 85034 Garfield

1525 E Monroe St, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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