NOT LISTED FOR SALE

170 E Monterey Way Phoenix, AZ 85012

Midtown Phoenix Neighborhood

Estimated Value: $311,765

0.16 Acres
$1,948,531 Price per Acre
7,105 Sq Ft Lot

Sale Details

Date Sold: May 6, 2025

Last sale price $254,400

Est. 23% increase in value since last sale

Current estimated payment $1,952 / mo

141 Days on Market

About This Lot

As of May 2025

This opportunity consists of a ±7,105 SF parcel (zoned R-5), situated in Midtown Phoenix between Central Ave & 3rd St. This infill parcel is positioned perfectly for new construction for professional office or residential / multifamily uses. The surrounding area consists of similarly sized lots improved with small professional office / retail buildings, as well as much larger commercial multi-story office buildings, in-line retail centers / restaurants, and large multifamily product. The property is situated just west of 3rd St, which from Indian School to Roosevelt St is set to become a ''signature street that supports a live, work, play mixed-use district.'' This infill parcel is an excellent opportunity for office, medical office, or multi-family developers.

Last Agent to Sell the Property

Jake Vice

R.O.I. Properties License #SA697209000 Listed on: 12/04/2024

Co-Listed By

Tommy Moore

R.O.I. Properties License #SA708560000

Last Buyer's Agent

Austin Stocks

My Home Group Real Estate License #SA694365000

My Home Group Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 7,105 Sq Ft Lot
  • Property is zoned R-5

Community Details

  • No Home Owners Association
  • Monterey Medical Plaza Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118-34-060-A

Property Details

Property Type

Land

Lot Details

7,105 Sq Ft Lot

Listing Details

  • Cross Street: Central Ave and Osborn
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R-5
  • Tax Year: 2024
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: Monterey Medical Plaza
  • Tax Parcel Letter: A
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Other, Single Family, Multi-Family, Commercial, Office

Exterior Features

  • Disclosures: Other (See Rmks)

Utilities

  • Electric: Other (See Rmks)
  • Water Source: See Remarks, City Franchise, Other

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 70x100
  • Lot Size Sq Ft: 7105.0
  • Additional Parcels: No
  • Parcel #: 118-34-060-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10050.0
  • Tax Book Number: 118.00
  • Tax Lot: -
  • Tax Map Number: 34.00

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

Listed on
Dec 4, 2024
Closed on
May 6, 2025
Sold by
Bought by
Seller's Agent
Jake Vice
R.O.I. Properties
Buyer's Agent
Austin Stocks
My Home Group Real Estate
List Price
$320,000
Sold Price
$254,400
Premium/Discount to List
-$65,600
-20.5%
Views
18
Current Estimated Value
$311,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,365
Original Mortgage
$400,000
Outstanding Balance
$397,146
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2019
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 2006
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 2004
Sold by
Bought by
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

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
$254,400 Pioneer Title Agency
$140,000 Chicago Title Agency Inc
$210,000 Grand Canyon Title Agency In
-- --
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
Open $400,000
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
05/06/2025 05/06/25 Sold $254,400 -20.5% --
04/24/2025 04/24/25 Pending -- -- --
12/04/2024 12/04/24 For Sale $320,000 -- --
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 $3,152 $24,272 -- --
2024 $2,985 $23,279 -- --
2023 $2,985 $49,915 $48,895 $1,020
2022 $2,982 $37,196 $36,286 $910
2021 $3,071 $37,456 $36,520 $936
2020 $2,994 $36,491 $35,537 $954
2019 $2,864 $34,130 $33,212 $918
2018 $2,769 $17,815 $16,879 $936
2017 $2,642 $18,461 $17,597 $864
2016 $2,549 $16,782 $15,990 $792
2015 $2,527 $17,047 $16,418 $629
Source: Public Records

Agents Affiliated with this Home

  • Jake Vice

    Seller's Agent in 2025

    Jake Vice

    R.O.I. Properties

    (480) 273-0212

    1 in this area

    56 Total Sales

    Jake Vice
    Section Image
  • Tommy Moore

    Seller Co-Listing Agent in 2025

    Tommy Moore

    R.O.I. Properties

    (602) 397-4886

    1 in this area

    26 Total Sales

    Tommy Moore
    Section Image

  • A

    Buyer's Agent in 2025

    Austin Stocks

    My Home Group

    (888) 897-7821

    1 in this area

    46 Total Sales

    Austin Stocks
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6790802

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-34-060A

Arizona Maricopa County Phoenix 85012 Midtown Phoenix

170 E Monterey Way, Phoenix, AZ

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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