2727 E Montecito Ave Phoenix, AZ 85016
Camelback East Village NeighborhoodEstimated payment $4,989/month
Highlights
- Patio
- Community Barbecue Grill
- Zoned Heating
- Phoenix Coding Academy Rated A
- Ceramic Tile Flooring
- Outdoor Storage
About This Home
Rare turn-key mid-century modern triplex in the heart of the Biltmore corridor within a lush desert landscape setting. Gated, walled courtyard creates sanctuary for this compound featuring two 2-bed/2-bath units and one spacious 1-bed/1-bath unit with delightful wood flooring. Unit 1 features a private large patio Enclosed 3-car garage with assigned spaces and private storage, plus shared on-site laundry. Owner pays water/sewer; tenants pay electric. Recent capital improvements and transferable termite warranty. Proximity to Sprouts, Starbucks, dining and breweries. Boutique multifamily asset in one of Phoenix's strongest rental corridors with long-term appreciation appeal.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,389
Year Built
- Built in 1959
Lot Details
- Fenced
- Desert Landscape
Home Design
- Composition Roof
- Block Exterior
Flooring
- Ceramic Tile Flooring
Parking
- 3 Car Garage
- Parking Available
Outdoor Features
- Patio
- Outdoor Storage
Schools
- Madison Camelview Elementary School
- Madison Park Middle School
- Camelback High School
Utilities
- Two cooling system units
- Zoned Heating
- Separate Meters
- Natural Gas Not Available
- Cable TV Available
Listing and Financial Details
- The owner pays for water, sewer, trash collection, landscaping
- Tax Lot 5
- Assessor Parcel Number 163-08-070
Community Details
Overview
- 3 Units
- Building Dimensions are 8476
- Brown Terrace Subdivision
Amenities
- Community Barbecue Grill
Building Details
- Operating Expense $14,761
- Gross Income $54,600
- Net Operating Income $39,838
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,389 | $18,335 | -- | -- |
| 2024 | $2,216 | $17,462 | -- | -- |
| 2023 | $2,216 | $63,930 | $12,780 | $51,150 |
| 2022 | $2,061 | $48,420 | $9,680 | $38,740 |
| 2021 | $2,086 | $44,370 | $8,870 | $35,500 |
| 2020 | $2,053 | $41,960 | $8,390 | $33,570 |
| 2019 | $2,007 | $32,930 | $6,580 | $26,350 |
| 2018 | $1,957 | $25,560 | $5,110 | $20,450 |
| 2017 | $1,863 | $24,550 | $4,910 | $19,640 |
| 2016 | $1,797 | $19,750 | $3,950 | $15,800 |
| 2015 | $1,670 | $16,800 | $3,360 | $13,440 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/18/2026 04/18/26 | Price Changed | $885,000 | -4.8% | -- | |
| 03/12/2026 03/12/26 | Price Changed | $930,000 | -7.0% | -- | |
| 02/21/2026 02/21/26 | For Sale | $1,000,000 | +95.7% | -- | |
| 11/16/2017 11/16/17 | Sold | $511,000 | +0.2% | $186 / Sq Ft | View Prior Sale |
| 10/10/2017 10/10/17 | Pending | -- | -- | -- | |
| 10/06/2017 10/06/17 | For Sale | $510,000 | -- | $186 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $511,000 | Old Republic Title Agency | |
| Warranty Deed | $236,000 | Ticor Title Agency Of Az Inc | |
| Warranty Deed | $160,000 | Stewart Title & Trust | |
| Warranty Deed | $115,500 | Fidelity Title |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $383,250 | New Conventional | |
| Previous Owner | $188,800 | Purchase Money Mortgage | |
| Previous Owner | $122,400 | New Conventional | |
| Previous Owner | $91,950 | New Conventional | |
| Closed | $12,000 | No Value Available | |
| Closed | $23,600 | No Value Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6987955
APN: 163-08-070
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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Ask me questions while you tour the home.