2014 W Monroe St Phoenix, AZ 85009
Central City Neighborhood
--
Bed
--
Bath
2,400
Sq Ft
6,273
Sq Ft Lot
Highlights
- Cooling Available
- Vinyl Flooring
- Heat Pump System
- Phoenix Coding Academy Rated A
About This Home
As of May 2022Great opportunity to own a Duplex in a desirable location of Phoenix! Currently occupied by tenants paying $1500.00 Month. Positive Cash Flow - No HOA and Great ROI!
CAP RATE Above 10.5%
Last Buyer's Agent
Nathaniel Pierce
West USA Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $919
Year Built
- Built in 2006
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Vinyl Flooring
Parking
- 4 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
Schools
- Hamilton High Elementary And Middle School
- Camelback High School
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tax Lot 21
- Assessor Parcel Number 109-31-124
Community Details
Overview
- 2 Buildings
- 2 Units
- Building Dimensions are 6250
Building Details
- Operating Expense $919
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 18, 2022
Closed on
May 5, 2022
Sold by
Westwood C & I Llc
Bought by
Richter Theodore
Seller's Agent
Brian Tranetzki
Taylor Street Advisors
Buyer's Agent
Eric Saenz
Berkshire Hathaway HomeServices Arizona Properties
List Price
$589,000
Sold Price
$631,000
Premium/Discount to List
$42,000
7.13%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,676
Avg. Annual Appreciation
-4.27%
Purchase Details
Closed on
Oct 12, 2021
Sold by
Wheeler Sonia V
Bought by
Westwood C & I Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,750
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Listed on
Apr 25, 2014
Closed on
May 7, 2014
Sold by
Wheeler Rod
Bought by
Wheeler Sonia V
Seller's Agent
Nick McCully
HomeSmart
Buyer's Agent
Nathaniel Pierce
Venture REI, LLC
List Price
$150,000
Sold Price
$150,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%
Purchase Details
Closed on
Sep 23, 2009
Sold by
Layman Service Co Llc
Bought by
Layman Derron N and Layman Stacey C
Purchase Details
Closed on
Jul 16, 2008
Sold by
Residential Funding Corp Inc
Bought by
Layman Service Co Llc
Purchase Details
Closed on
Mar 8, 2008
Sold by
Joyner Steven M
Bought by
Residential Funding Corp Inc
Purchase Details
Closed on
Aug 29, 2006
Sold by
Joyner Tameka J
Bought by
Joyner Steven M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,907
Interest Rate
6.43%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 14, 2006
Sold by
Thorntons Contracting Co Inc
Bought by
Joyner Steven M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,907
Interest Rate
6.43%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 7, 2006
Sold by
Ortiz Leonarda and Ortiz Cesar
Bought by
Thorntons Contracting Co Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.35%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 19, 2006
Sold by
Ortiz Leonarda
Bought by
Ortiz Leonarda and Ortiz Cesar
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $631,000 | Chicago Title | |
| Warranty Deed | $340,000 | Fidelity Natl Ttl Agcy Inc | |
| Interfamily Deed Transfer | -- | First Arizona Title Agency | |
| Cash Sale Deed | $150,000 | First Arizona Title Agency | |
| Quit Claim Deed | -- | Accommodation | |
| Cash Sale Deed | $100,000 | First American Title Ins Co | |
| Trustee Deed | $232,694 | None Available | |
| Interfamily Deed Transfer | -- | Capital Title Agency Inc | |
| Warranty Deed | $275,400 | Capital Title Agency Inc | |
| Warranty Deed | $63,500 | Capital Title Agency Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $366,750 | Commercial | |
| Previous Owner | $53,192 | Commercial | |
| Previous Owner | $13,907 | Commercial | |
| Previous Owner | $220,300 | Commercial | |
| Previous Owner | $220,300 | Commercial | |
| Previous Owner | $120,000 | Commercial | |
| Closed | $0 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2022 05/06/22 | Sold | $631,000 | +7.1% | $263 / Sq Ft |
| 04/10/2022 04/10/22 | For Sale | $589,000 | 0.0% | $245 / Sq Ft |
| 03/28/2022 03/28/22 | Pending | -- | -- | -- |
| 03/18/2022 03/18/22 | For Sale | $589,000 | +292.7% | $245 / Sq Ft |
| 05/16/2014 05/16/14 | Sold | $150,000 | 0.0% | $63 / Sq Ft |
| 05/12/2014 05/12/14 | Pending | -- | -- | -- |
| 04/25/2014 04/25/14 | For Sale | $150,000 | -- | $63 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,314 | $9,826 | -- | -- |
| 2024 | $1,301 | $9,358 | -- | -- |
| 2023 | $1,301 | $37,480 | $7,490 | $29,990 |
| 2022 | $1,255 | $24,780 | $4,950 | $19,830 |
| 2021 | $1,246 | $22,130 | $4,420 | $17,710 |
| 2020 | $1,260 | $19,160 | $3,830 | $15,330 |
| 2019 | $1,258 | $16,200 | $3,240 | $12,960 |
| 2018 | $1,236 | $14,870 | $2,970 | $11,900 |
| 2017 | $1,208 | $12,750 | $2,550 | $10,200 |
| 2016 | $1,173 | $9,860 | $1,970 | $7,890 |
| 2015 | $1,085 | $8,310 | $1,660 | $6,650 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2022
Brian Tranetzki
Taylor Street Advisors
-
Eric Saenz
Buyer's Agent in 2022
Eric Saenz
Berkshire Hathaway HomeServices Arizona Properties
(602) 818-6069
3 in this area
51 Total Sales
-
Nick McCully
N
Seller's Agent in 2014
Nick McCully
HomeSmart
(602) 758-3992
1 Total Sale
-
Nathaniel Pierce
Seller Co-Listing Agent in 2014
Nathaniel Pierce
Venture REI, LLC
(602) 647-4411
81 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5106203
APN: 109-31-124
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.
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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