$40,464
SOLD JAN 1, 2021

207 E Monterey Way Phoenix, AZ 85012

Midtown Phoenix Neighborhood
-- Bed
-- Bath
2,642 Sq Ft
7,875 Sq Ft Lot

Recently Sold

$15 Per Sq Ft

921% Above List Price

86 Days on Market

Highlights

  • Gated Community
  • Community Kitchen
  • Central Air
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring
  • ENERGY STAR Qualified Equipment for Heating

About This Home

As of January 2021

Outstanding Opportunity! This property is a live/work, part resident, part offices for lease. Plenty of parking & great curb appeal. Fantastic work space w/endless possibilities! 5 Offices, employee kitchen, large bathroom, file room, storage room & reception area. There are separate electric meters for the residence and offices. The residence boasts 1468 sg ft w/an open floor plan, beautiful engineered wood floors, soothing palette, & ceiling fans. Center kitchen island, granite counters, pendant lighting, tiled backsplash, SS appliances, & white cabinets w/hardware. 2 Bedrooms, plush carpet, 2 upscale baths, laundry room, & ample closets. Lovely backyard w/a patio & low-care landscape. Downtown Phoenix has it all!

Last Agent to Sell the Property

Kay Shepard

Keller Williams Realty East Valley License #SA514614000 Listed on: 10/03/2020

Keller Williams Realty East Valley

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1956

Lot Details

  • 7,875 Sq Ft Lot
  • Wood Fence
  • Property is zoned R5

Home Design

  • 2,642 Sq Ft Home
  • Brick Exterior Construction
  • Foam Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Public Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 12/1/20
  • Tenant pays for trash collection, electricity, gas, water, sewer, fire insurance-bldg, contents insurance, glass insurance, liability insurance, janitorial service, common area maintenance, parking area maint, taxes
  • Tax Lot 90
  • Assessor Parcel Number 118-34-066-A

Community Details

Amenities

  • Community Kitchen
  • Reception Area

Additional Features

  • Monterey Medical Plaza Subdivision
  • Gated Community

Property Details

Property Type

Other

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: E Indian School Rd & N 3rd St.
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: R5
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 47556.0
  • Lease Info Annual Lse Prc P S F: 18.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 2642
  • Year Built: 1956
  • Tax Year: 2020
  • Directions: Right onto E Indian School Rd from AZ-51 S. Turn left onto N 3rd St. Turn right onto E Monterey Way to address.
  • Lot Size Acres: 0.18
  • Road Surface Type: Asphalt
  • Subdivision Name: MONTEREY MEDICAL PLAZA
  • Structure Type: Office
  • Tax Parcel Letter: A
  • Construction Brick: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2642.0

Exterior Features

  • Fencing: Wood
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block, Brick
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Public Parking
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Public Parking: Yes
  • Tenant Pays:Parking Area Maint: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Office Heated, Electric, ENERGY STAR Qualified Equipment
  • Green Building Features: Reception Room, Kitchen, Security Gate
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Office Heated: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size Sq Ft: 7875.0
  • Additional Parcels: No
  • Parcel #: 118-34-066-A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2020-12-01

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Gas, Water, Sewer, Fire Insurance-Bldg, Contents Insurance, Glass Insurance, Liability Insurance, Janitorial Service, Common Area Maintenance, Parking Area Maint, Taxes
  • Existing Lease Type: NNN
  • Leasable Area: 2642.0

Tax Info

  • Tax Annual Amount: 6413.0
  • Tax Book Number: 118.00
  • Tax Lot: 90
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2008
Sold by
Del Rey Insurance Llc
Bought by
Toma John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2006
Sold by
Fournier Nancy C F
Bought by
Del Rey Ins Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2002
Sold by
Fournier Nancy C
Bought by
Fournier Nancy C F

Purchase Details

Closed on
Jul 25, 2000
Sold by
Fournier Donald F and Fournier Nancy C
Bought by
Fournier Donald F and Fournier Nancy C

Purchase Details

Closed on
Oct 1, 1993
Sold by
Bull
Bought by
Fournier Donald F and Fournier Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
7.13%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $505,000 Empire Title Agency Az Llc
Warranty Deed $600,000 Arizona Title Agency Inc
Warranty Deed $186,000 --
Warranty Deed -- --
Warranty Deed $118,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $368,000 Commercial
Closed $202,000 Commercial
Closed $208,000 Commercial
Previous Owner $252,500 Commercial
Previous Owner $540,000 Commercial
Previous Owner $94,400 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 For Sale $889,000 0.0% $336 / Sq Ft
02/07/2025 02/07/25 For Sale $889,000 +2097.0% $336 / Sq Ft
01/01/2021 01/01/21 Sold $40,464 +921.0% $15 / Sq Ft
12/26/2020 12/26/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $3,963 -- $2 / 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 $6,400 $50,111 -- --
2024 $6,290 $48,570 -- --
2023 $6,290 $76,401 $34,243 $42,158
2022 $6,374 $70,901 $31,940 $38,961
2021 $6,579 $71,550 $32,477 $39,073
2020 $6,413 $58,929 $25,650 $33,279
2019 $3,685 $46,404 $42,750 $3,654
2018 $3,563 $43,794 $21,330 $22,464
2017 $3,271 $24,714 $10,494 $14,220
2016 $3,155 $21,240 $9,540 $11,700
2015 $3,015 $20,757 $9,805 $10,952
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jody Meyers

    HomeSmart

    (602) 405-2599

    12 Total Sales

    Jody Meyers
    Section Image
  • Kay Shepard

    Seller's Agent in 2021

    Kay Shepard

    Keller Williams Realty East Valley

    (602) 432-5745

    1 in this area

    15 Total Sales

    Kay Shepard
    Section Image

  • N

    Buyer's Agent in 2021

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6141672

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-34-066A

Arizona Maricopa County Phoenix 85012 Midtown Phoenix

207 E Monterey Way, Phoenix, AZ

This home is located at 207 E Monterey Way, Phoenix, AZ 85012 and is currently priced at $40,464, approximately $15 per square foot. This property was built in 1956. 207 E Monterey Way is a home located in Maricopa County with nearby schools including Clarendon Elementary School, Encanto Elementary School, and Osborn Middle School.

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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