RENTED JUL 1, 2025

1641 E Monroe St Unit B Phoenix, AZ 85034

Central City Neighborhood

Estimated Value: $456,000 - $890,069

4 Beds
3.5 Baths
1,528 Sq Ft
$400/Sq Ft Est. Value

Highlights

  • Two Primary Bathrooms
  • Main Floor Primary Bedroom
  • Tile Flooring
  • Phoenix Coding Academy Rated A
  • No HOA
  • Central Air

About This Home

As of July 2025

The landlord accepts Section 8. That sounds like a great rental home! Having 4 bedrooms and 3.5 bathrooms provides ample space for a family or multiple occupants. Being close to the freeway and downtown Phoenix offers convenient access to transportation and entertainment options. Having shopping and restaurants nearby adds to the convenience and allows for easy access to amenities. The two-car garage provides secure parking and storage space for vehicles or other belongings. Additionally, having all appliances included in the rental home ensures a hassle-free move-in experience.

Last Agent to Rent the Property

Rachel Yusupova

HomeSmart License #SA550147000 Listed on: 03/24/2025

HomeSmart

Last Renter's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction

Interior Spaces

  • 1,528 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Built-In Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Two Primary Bathrooms
  • 3.5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Thomas A Edison Elementary School
  • Lowell Elementary Middle School
  • Phoenix Union Bioscience High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Collins Addition Phoenix Blocks 31 34 & 39 40 Subdivision

Listing and Financial Details

  • Property Available on 3/24/25
  • 12-Month Minimum Lease Term
  • Tax Lot 1
  • Assessor Parcel Number 115-04-052

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0

Parking

2

Rental Info

  • Rent Includes: None
  • Available Date: 2025-03-24

Listing Details

  • Cross Street: 16th St & Monroe St.
  • Legal Info Range: 3E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2023
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: COLLINS ADDITION PHOENIX BLOCKS 31-34 & 39-40
  • Property Attached Yn: Yes
  • Structure Type: Duplex
  • Cooling:Ceiling Fan(s): Yes
  • Structure Type Duplex: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Upstairs, 2 Master Baths
  • Living Area: 1528.0
  • Stories: 2
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Fencing: None
  • Disclosures: Agency Discl Req
  • Construction Type: Wood Frame, Painted
  • Roof: Other

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: In Unit, Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Thomas A Edison School
  • High School: Phoenix Union Bioscience High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Lowell Elementary School

Lot Info

  • Lot Size Sq Ft: 7000.0
  • Parcel #: 115-04-052

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Book Number: 115.00
  • Tax Lot: 1
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2023
Sold by
Ozmando Investment Group Llc
Bought by
Bakhshi Farshid
Current Estimated Value
$610,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$657,666
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
-$47,149

Purchase Details

Closed on
Mar 17, 2022
Sold by
Ernest Lopez Juan
Bought by
Ozmando Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 1997
Sold by
Akison Nolen
Bought by
Hyde Gene and Hyde Lillie G
Source: Public Records
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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
Bakhshi Farshid $900,000 Driggs Title Agency
Ozmando Investment Group Llc $220,000 Security Title
Hyde Gene $25,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakhshi Farshid $675,000
Previous Owner Ozmando Investment Group Llc $187,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2025 07/01/25 Rented $2,495 -0.2% --
03/24/2025 03/24/25 For Rent $2,500 0.0% --
10/02/2024 10/02/24 Rented $2,500 0.0% --
08/22/2024 08/22/24 For Rent $2,500 -- --
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 $769 $5,413 -- --
2024 $717 $5,155 -- --
2023 $717 $15,500 $3,100 $12,400
2022 $691 $14,010 $2,800 $11,210
2021 $686 $8,120 $1,620 $6,500
2020 $694 $7,370 $1,470 $5,900
2019 $693 $5,610 $1,120 $4,490
2018 $488 $5,200 $1,040 $4,160
2017 $476 $4,250 $850 $3,400
2016 $463 $3,780 $750 $3,030
2015 $428 $3,120 $620 $2,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6840115

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-04-053