NOT LISTED FOR SALE

2731 E Montecito Ave Phoenix, AZ 85016

Camelback East Village Neighborhood

Estimated Value: $709,000 - $758,000

Studio
-- Bath
2,726 Sq Ft
$266/Sq Ft Est. Value

Sale Details

Date Sold: August 25, 2025

Last sale price $715,000 $262 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,070 / mo

149 Days on Market

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Multiple Heating Units
  • Phoenix Coding Academy Rated A

About This Home

As of August 2025

Amazing tri-plex investment opportunity in the Biltmore area! This multi-family property features a gated courtyard with three units on a single parcel. The unit mix includes two spacious 2-bedroom, 2 bathroom units and one 1-bedroom, 1-bathroom unit. Also includes an onsite shared laundry room and 3 car carport with individual storage closets.

Last Agent to Sell the Property

Chrissie Cline

Compass License #BR633167000 Listed on: 03/14/2025

Compass

Last Buyer's Agent

Franko Milan Villela

My Home Group Real Estate License #SA651900000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,094

Year Built

  • Built in 1959

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 3 Parking Spaces
  • Carport

Schools

  • Madison Camelview Elementary School
  • Madison Park Middle School
  • Camelback High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Individual Controls for Heating
  • Separate Meters

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 163-08-071

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8396
  • Brown Terrace Subdivision

Building Details

  • Operating Expense $2,094

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,094

Year Built

Built in 1959

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Camelback & 28th St
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: BROWN TERRACE
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Appliances: Disposal, Free-Standing Electric Oven
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: <1 Space Per Unit, Carport
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric, Individual, 2 or More Units
  • Heating: Individual, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:Security Alarm(s): Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Elementary School: Madison Camelview Elementary
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Park School

Lot Info

  • Lot Size: 8396
  • Additional Parcels: No
  • Parcel #: 163-08-071

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 3
  • Annual Operating Expense: 2094.0

Tax Info

  • Tax Annual Amount: 2094.0
  • Tax Book Number: 163.00
  • Tax Lot: 6

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Aug 22, 2025
Sold by
Bought by
Seller's Agent
Chrissie Cline
Compass
Buyer's Agent
Franko Milan Villela
My Home Group Real Estate
List Price
$800,000
Sold Price
$715,000
Premium/Discount to List
-$85,000
-10.62%
Views
18
Current Estimated Value
$723,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,954
Avg. Annual Appreciation
1.44%
Original Mortgage
$679,250
Interest Rate
0.0672%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 Buyer Sale Price Title Company
$715,000 Wfg National Title Insurance C
Source: Public Records

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 Borrower Loan Amount
Closed $679,250
Closed $190,300
Closed $211,000
Closed $45,000
Closed $150,000
Closed $133,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
08/25/2025 08/25/25 Sold $715,000 -10.6% $262 / Sq Ft
06/03/2025 06/03/25 For Sale $800,000 +11.9% $293 / Sq Ft
06/02/2025 06/02/25 Off Market $715,000 -- --
03/14/2025 03/14/25 For Sale $800,000 -- $293 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax 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.

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 $2,200 $18,263 -- --
2024 $2,035 $17,393 -- --
2023 $2,035 $63,630 $12,720 $50,910
2022 $1,971 $48,200 $9,640 $38,560
2021 $2,002 $44,160 $8,830 $35,330
2020 $1,970 $41,760 $8,350 $33,410
2019 $1,926 $32,780 $6,550 $26,230
2018 $1,877 $25,450 $5,090 $20,360
2017 $1,784 $24,430 $4,880 $19,550
2016 $1,721 $19,650 $3,930 $15,720
2015 $1,600 $17,110 $3,420 $13,690
Source: Public Records

Agents Affiliated with this Home

  • Chrissie Cline

    Seller's Agent in 2025

    Chrissie Cline

    Compass

    (602) 550-5750

    7 in this area

    45 Total Sales

    Chrissie Cline
    Section Image
  • Franko Milan Villela

    Buyer's Agent in 2025

    Franko Milan Villela

    My Home Group Real Estate

    (623) 217-7940

    2 in this area

    28 Total Sales

    Franko Milan Villela
    Section Image
  • Fatima Sanchez

    Buyer Co-Listing Agent in 2025

    Fatima Sanchez

    My Home Group Real Estate

    (623) 217-9987

    3 in this area

    43 Total Sales

    Fatima Sanchez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6835565

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-08-071

Arizona Maricopa County Phoenix 85016 Camelback East Village

2731 E Montecito Ave, Phoenix, AZ

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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