NOT LISTED FOR SALE

1539 E Monroe St Phoenix, AZ 85034

Garfield Neighborhood

Estimated Value: $367,000 - $492,000

Studio
1 Bath
-- Sq Ft
7,013 Sq Ft Lot

Last Sold January 21, 2014

Last sale price $110,000

Est. 301% increase in value since last sale

Current estimated payment $2,357/month

571 Days on Market

About This Home

As of January 2014

Property consist of 2 parcels; 116-46-075-A and 116-46-074. Both lots are zoned for C-G, M-H, C-3, R-5. There are 5 rentable individual buildings on both parcels of approximately 350 square feet per building. Property is being sold as is only. The commercial value of this property needs to be considered in this transaction.

Last Agent to Sell the Property

Pete Baldwin

Platinum Realty Network License #BR537748000 Listed on: 06/22/2012

Last Buyer's Agent

Michael Finch

Caliber Realty Group, LLC License #SA576104000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 7,013

Home Design

  • Wood Frame Construction
  • Composition Shingle Roof
  • Stucco

Flooring

  • Painted or Stained Flooring
  • Ceramic Tile

Community Details

  • 10 Units
  • Building Dimensions are metes and bounds

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Additionall Parcels: Yes
  • Construction Finish: Painted, Stucco
  • Cross Street: Van Buren and 16th Street
  • Floors: Ceramic Tile
  • Legal Info Lot Number: 2
  • Roads Streets: Asphalt
  • Property Type: F
  • Legal Description Abbrev: Collins Phoenix Blks 23-26 17 27
  • Marketing Name: Multi Family
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 10.00
  • Map Code Grid: Q34
  • Year Built: 1926
  • Tax Year: 2010
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roofing: Comp Shingle
  • Construction: Frame - Wood

Garage/Parking

  • Total Parking Spaces: 10.00

Utilities

  • Water: See Remarks
  • Cooling: See Remarks
  • Heating: See Remarks

Condo/Co-op/Association

  • Community Amenities: No Pool

Lot Info

  • Lot Size: metes and bounds

Multi Family

  • Owner Pays: See Remarks
  • Total Numberof Buildings: 5
  • Total Numberof Units: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2024
Sold by
Gwin Ira and Gwin Elizabeth
Bought by
Lopez Miguel
Current Estimated Value
$440,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Outstanding Balance
$120,981
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$319,731

Purchase Details

Closed on
Jan 30, 2020
Sold by
Kss Financing Housing Llc
Bought by
Gwin Ira and Gwin Elizabeth

Purchase Details

Listed on
Jun 22, 2012
Closed on
Jan 16, 2014
Sold by
Purdy Forrest and Purdy Janice Marie
Bought by
Kss Financial Housing Llc
Seller's Agent
Pete Baldwin
Platinum Realty Network
Buyer's Agent
Michael Finch
Caliber Realty Group, LLC
List Price
$117,500
Sold Price
$110,000
Premium/Discount to List
-$7,500
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.28%
Original Mortgage
$110,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2012
Sold by
Home On The Way Inc
Bought by
Joshua Foundation

Purchase Details

Closed on
May 14, 2007
Sold by
Home On The Way Inc
Bought by
Home On The Way Inc

Purchase Details

Closed on
Aug 14, 2003
Sold by
Home On The Way Ministries
Bought by
Home On The Way Ministries

Purchase Details

Closed on
Jun 1, 2001
Sold by
Daniel T G
Bought by
Home On The Way Ministries

Purchase Details

Closed on
Jul 6, 1998
Sold by
Gossett Alberta
Bought by
Daniel T G and Daniel Shirley A

Purchase Details

Closed on
Jun 15, 1998
Sold by
Gossett Alberta C
Bought by
Daniel T G and Daniel Shirley A
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
Lopez Miguel $460,000 Old Republic Title Agency
Gwin Ira $460,000 Great American Title Agency
Kss Financial Housing Llc $110,000 Lawyers Title Of Arizona Inc
Joshua Foundation $69,247 None Available
Home On The Way Inc -- Archer Land Title Inc
Home On The Way Ministries -- --
Home On The Way Ministries -- --
Home On The Way Ministries -- --
Daniel T G -- --
Gossett Alberta -- --
Daniel T G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Miguel $122,500
Previous Owner Kss Financial Housing Llc $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2014 01/21/14 Sold $110,000 -6.4% --
01/14/2014 01/14/14 Pending -- -- --
06/22/2012 06/22/12 For Sale $117,500 -- --
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 $636 $4,478 -- --
2024 $593 $4,264 -- --
2023 $593 $18,880 $3,770 $15,110
2022 $572 $16,050 $3,210 $12,840
2021 $568 $9,800 $1,960 $7,840
2020 $574 $9,310 $1,860 $7,450
2019 $573 $6,260 $1,250 $5,010
2018 $563 $6,100 $1,220 $4,880
2017 $550 $5,050 $1,010 $4,040
2016 $535 $4,330 $860 $3,470
Source: Public Records

Agents Affiliated with this Home

  • Pete Baldwin

    Seller's Agent in 2014

    Pete Baldwin

    Platinum Realty Network

    (480) 326-6521

    40 Total Sales

    Pete Baldwin
    Section Image

  • M

    Buyer's Agent in 2014

    Michael Finch

    Caliber Realty Group, LLC

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4778568

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-46-075A

Arizona Maricopa County Phoenix 85034 Garfield

1539 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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