NOT LISTED FOR SALE

1917 E Monroe St Phoenix, AZ 85034

Central City Neighborhood

Estimated Value: $289,000 - $864,000

-- Bed
-- Bath
1,104 Sq Ft
$529/Sq Ft Est. Value

Last Sold March 30, 2024

Last sale price $290,000 $263 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,103/month

27 Days on Market

Highlights

  • Cooling Available
  • Floor Furnace
  • Concrete Flooring
  • Phoenix Coding Academy Rated A

About This Home

As of March 2024

Great Investment opportunity duplex near downtown Phoenix and Sky Harbour airport. This property is zoned R-5 with plenty of room to add additional units. Easy access to I-10 and minutes away from grocery stores, shopping centers, hospitals, schools and much more. The property needs to be rehabbed and has a ton potential for an income producing property.

Last Agent to Sell the Property

Eric Saenz

Berkshire Hathaway HomeServices Arizona Properties License #SA674080000 Listed on: 02/19/2024

Last Buyer's Agent

Estephania Franco Gamez

Keller Williams Realty Sonoran Living License #SA698598000

Keller Williams Realty Sonoran Living

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $511

Year Built

  • Built in 1961

Lot Details

  • 7,013

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Free Parking

Utilities

  • Cooling Available
  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 8 / 33
  • Assessor Parcel Number 115-03-027

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7000
  • Collins Addition Phoenix Blocks 31 34 & 39 40 Subdivision

Building Details

  • Operating Expense $511

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$511

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: 20th st/ Van Buren
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2023
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: COLLINS ADDITION PHOENIX BLOCKS 31-34 & 39-40
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking Features Free2: Yes

Utilities

  • Electric: APS
  • Cooling: None
  • Heating: Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 7000
  • Additional Parcels: No
  • Parcel #: 115-03-027

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Operating Expense: 511.0

Tax Info

  • Tax Annual Amount: 511.0
  • Tax Block: 33
  • Tax Book Number: 115.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Mar 27, 2024
Sold by
Sarabio Miguel Angel
Bought by
Abarca Itzel Mota
Seller's Agent
Eric Saenz
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Estephania Franco Gamez
Keller Williams Realty Sonoran Living
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%
Views
23
Current Estimated Value
$583,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,528
Avg. Annual Appreciation
51.25%

Purchase Details

Closed on
Jan 5, 2024
Sold by
Quick Source Capital Llc
Bought by
Sarabio Miguel Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 13, 2023
Sold by
Mcdonald Leonard J
Bought by
Quick Source Capital Llc

Purchase Details

Closed on
Sep 7, 2023
Sold by
Mcdonald Leonard J
Bought by
Quick Source Capital Llc

Purchase Details

Closed on
Nov 2, 1999
Sold by
Brito Leobardo
Bought by
Martinez Armandina
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Abarca Itzel Mota $290,000 First Integrity Title
Sarabio Miguel Angel $250,000 Pioneer Title Agency
Quick Source Capital Llc $283,526 None Listed On Document
Quick Source Capital Llc $283,526 None Listed On Document
Martinez Armandina -- Alliance Title Agency Inc
Martinez Armandina $43,000 Alliance Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sarabio Miguel Angel $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2024 03/30/24 Sold $290,000 -3.3% $263 / Sq Ft
02/19/2024 02/19/24 For Sale $300,000 -- $272 / 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 $548 $3,861 -- --
2024 $511 $3,677 -- --
2023 $511 $18,560 $3,710 $14,850
2022 $493 $13,200 $2,640 $10,560
2021 $490 $10,710 $2,140 $8,570
2020 $495 $8,980 $1,790 $7,190
2019 $494 $7,520 $1,500 $6,020
2018 $486 $6,070 $1,210 $4,860
2017 $475 $5,960 $1,190 $4,770
2016 $461 $4,510 $900 $3,610
2015 $426 $3,570 $710 $2,860
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Eric Saenz

    Berkshire Hathaway HomeServices Arizona Properties

  • E

    Buyer's Agent in 2024

    Estephania Franco Gamez

    Keller Williams Realty Sonoran Living

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6653472

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-03-027

Arizona Maricopa County Phoenix 85034 Central City

1917 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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