NOT LISTED FOR SALE

2542 E Monroe St Phoenix, AZ 85034

Central City Neighborhood

Estimated Value: $388,415

-- Bed
-- Bath
864 Sq Ft
$450/Sq Ft Est. Value

Last Sold October 17, 2016

Last sale price $200,000 $231 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,476/month

141 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of October 2016

PRICE REDUCTION: Owner may carry with substantial down. Commercial Property. 3-Phase Wiring 50'x50' Work Shop with 12' ceilings, On and off street parking. Ideal for small business opportunity, less than a mile to all major freeways and Phoenix Sky Harbor.
Office space with adjacent work area, full bathroom, Plenty of natural light and front and rear entrance. Great location, great opportunity for multiple uses.

Last Agent to Sell the Property

Kris Church

West USA Realty License #SA569755000 Listed on: 04/22/2016

Last Buyer's Agent

Joseph Cabalar

HomeSmart License #SA627788000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,704

Year Built

  • Built in 2000

Lot Details

  • 7,542 Sq Ft Lot
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned C-3

Home Design

  • 864 Sq Ft Home
  • Brick Exterior Construction
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior
  • Metal Siding

Flooring

  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Public Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Heating Available

Community Details

  • 2 Buildings
  • Operating Expense $3,704

Listing and Financial Details

  • Assessor Parcel Number 121-63-094

Property Details

Property Type

Other

Est. Annual Taxes

$3,704

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Cross Street: 25th St & Van Buren St.
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 2000
  • Tax Year: 2015
  • Directions: Access from Hwy. 202 E to 24th St Exit So, one block So of Van Buren St. to Monroe
  • Lot Size Acres: 0.17
  • Road Surface Type: Asphalt
  • Structure Type: Commercial
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Concrete
  • Living Area: 864.0

Exterior Features

  • Fencing: Block, Chain Link
  • Disclosures: None
  • Construction Type: Frame - Wood, Metal Siding, Block, Brick
  • Roof: Metal
  • Construction:Block: Yes
  • Construction:Metal: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Public Parking, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: 3 Phase Power, APS
  • Cooling: Office A/C
  • Heating: Electric
  • Green Building Features: Showers - Office
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • 3 Phase Power: Yes

Association/Amenities

  • Amenities:Showers - Office: Yes

Lot Info

  • Lot Size Sq Ft: 7542.0
  • Parcel #: 121-63-094
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 3704.0

Tax Info

  • Tax Annual Amount: 3704.0
  • Tax Book Number: 121.00
  • Tax Lot: NA
  • Tax Map Number: 63.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2016
Closed on
Sep 28, 2016
Sold by
Garcia Rosa Gardenia
Bought by
Morales Fidel S
Seller's Agent
Kris Church
West USA Realty
Buyer's Agent
Joseph Cabalar
HomeSmart
List Price
$235,000
Sold Price
$200,000
Premium/Discount to List
-$35,000
-14.89%
Current Estimated Value
$388,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,415
Avg. Annual Appreciation
7.86%
Original Mortgage
$120,000
Outstanding Balance
$98,160
Interest Rate
3.43%
Mortgage Type
Commercial
Estimated Equity
$291,512

Purchase Details

Closed on
May 8, 2000
Sold by
Serpa Antonio E
Bought by
Vazquez Isidro Sandoval and Vasquez Ma Lourdes

Purchase Details

Closed on
Mar 12, 1998
Sold by
Quiring Mary R
Bought by
Serpa Antonio E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,500
Interest Rate
7.06%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Morales Fidel S -- Old Republic Title Agency
Morales Fidel S $200,000 Old Republic Title Agency
Vazquez Isidro Sandoval $24,499 First American Title
Serpa Antonio E $26,000 First American Title
Quiring Mary R -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Fidel S $120,000
Previous Owner Vazquez Isidro Sandoval $75,000
Previous Owner Serpa Antonio E $24,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2016 10/17/16 Sold $200,000 -14.9% $231 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $235,000 -- $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 $3,972 $29,527 -- --
2024 $4,111 $29,000 -- --
2023 $4,111 $33,745 $13,957 $19,788
2022 $3,987 $33,583 $15,260 $18,323
2021 $4,161 $34,146 $15,696 $18,450
2020 $4,143 $33,948 $15,498 $18,450
2019 $4,126 $29,826 $12,024 $17,802
2018 $4,076 $26,802 $9,486 $17,316
2017 $3,788 $26,712 $8,784 $17,928
2016 $3,879 $24,570 $8,136 $16,434
2015 $3,704 $22,607 $7,881 $14,726
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kris Church

    West USA Realty

    Section Image

  • J

    Buyer's Agent in 2016

    Joseph Cabalar

    HomeSmart

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5432000

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-63-094

Arizona Maricopa County Phoenix 85034 Central City

2542 E Monroe St, Phoenix, AZ

This home is located at 2542 E Monroe St, Phoenix, AZ 85034 since 22 April 2016 and is currently estimated at $388,415, approximately $449 per square foot. This property was built in 2000. 2542 E Monroe St is a home located in Maricopa County with nearby schools including Wilson Primary School, Wilson Elementary School, and Camelback High 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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