Z
Seller's Agent in 2025
Zachary Coty
Compass
(602) 319-1326
2 in this area
23 Total Sales
2813 E Monte Cristo Ave Phoenix, AZ 85032
Paradise Valley Village Neighborhood
--
Bed
--
Bath
3,618
Sq Ft
1982
Built
Highlights
- Heated Community Pool
- Community Playground
- Heating Available
- Cooling Available
About This Home
As of November 2025Monte Cristo Ave 4 Units is part of a portfolio sale. This presents a rare opportunity to acquire two fourplexes with identical 2 bed/2 bath layouts, located in a quiet, well maintained North Phoenix neighborhood, offering streamlined and cost effective management. Each unit is individually metered and enjoys access to a gated community, grass common areas, and shared community pool. Ideally positioned near Paradise Valley Community College, Bell Road retail corridor, and major employment hubs along Loop 101 and SR-51. With current rent well below market, a new owner has a clear path to boost cash flow through rental increases and capitalize on the area's continued growth. Other address: 2822 E Kathleen Rd.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,376
Year Built
- Built in 1982
Parking
- 2 Open Parking Spaces
- 6 Parking Spaces
- Carport
- Over 1 Space Per Unit
- Paved Parking
Schools
- Pinnacle High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Tax Lot 43
- Assessor Parcel Number 214-39-071
Community Details
Overview
- 4 Units
- Building Dimensions are 6050 SF
- Greenway Manor Subdivision
Recreation
- Community Playground
- Heated Community Pool
Building Details
- Operating Expense $16,376
- Gross Income $68,676
- Net Operating Income $54,424
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2025
Closed on
Nov 13, 2025
Sold by
Kme-Two Llc
Bought by
Aggarwal Avin and Aggarwal Sourabh
Seller's Agent
Zachary Coty
Compass
Buyer's Agent
Luis Espinoza
Gile Commercial Real Estate
List Price
$635,000
Sold Price
$530,000
Premium/Discount to List
-$105,000
-16.54%
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.40%
Original Mortgage
$397,500
Outstanding Balance
$397,500
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$177,239
Purchase Details
Listed on
Jun 18, 2015
Closed on
Jun 24, 2015
Sold by
Hofmann Ralph R
Bought by
Kme Two Llc
Seller's Agent
Jill Anderson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Marty Stephens
HomeSmart
List Price
$170,000
Sold Price
$170,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Purchase Details
Closed on
Nov 22, 2010
Sold by
Martin Robert F and Martin Carol R
Bought by
Hofmann Ralph R
Purchase Details
Closed on
Dec 5, 2005
Sold by
Bliven Investments Llc
Bought by
Martin Robert F and Martin Carol R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,840
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 25, 2005
Sold by
Paradise Urban Investments Llc
Bought by
Bliven Investments
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,125,000
Interest Rate
5.64%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 7, 2004
Sold by
Paradise Club Llc
Bought by
Paradise Urban Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,257,450
Interest Rate
6.06%
Mortgage Type
Commercial
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 | $530,000 | Pioneer Title Agency | |
| Cash Sale Deed | $170,000 | First American Title Ins Co | |
| Cash Sale Deed | $103,000 | Fidelity Natl Title Ins Co | |
| Warranty Deed | $380,000 | -- | |
| Special Warranty Deed | $17,300,000 | -- | |
| Special Warranty Deed | $12,100,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $397,500 | New Conventional | |
| Previous Owner | $291,840 | Purchase Money Mortgage | |
| Previous Owner | $13,125,000 | Commercial | |
| Previous Owner | $11,257,450 | Commercial | |
| Closed | $50,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/14/2025 11/14/25 | Sold | $530,000 | -16.5% | $146 / Sq Ft | |
| 07/30/2025 07/30/25 | For Sale | $635,000 | +273.5% | $176 / Sq Ft | |
| 08/03/2015 08/03/15 | Sold | $170,000 | 0.0% | $47 / Sq Ft | View Prior Sale |
| 06/21/2015 06/21/15 | Pending | -- | -- | -- | |
| 06/18/2015 06/18/15 | For Sale | $170,000 | -- | $47 / 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 | $1,413 | $13,828 | -- | -- |
| 2024 | $1,348 | $13,170 | -- | -- |
| 2023 | $1,348 | $39,150 | $7,830 | $31,320 |
| 2022 | $1,334 | $26,900 | $5,380 | $21,520 |
| 2021 | $1,338 | $23,060 | $4,610 | $18,450 |
| 2020 | $1,297 | $20,370 | $4,070 | $16,300 |
| 2019 | $1,298 | $17,980 | $3,590 | $14,390 |
| 2018 | $1,256 | $15,800 | $3,160 | $12,640 |
| 2017 | $1,204 | $14,910 | $2,980 | $11,930 |
| 2016 | $1,184 | $13,360 | $2,670 | $10,690 |
| 2015 | $1,096 | $12,530 | $2,500 | $10,030 |
Source: Public Records
Agents Affiliated with this Home
-
Zachary Coty
-
Adam Bowman
Seller Co-Listing Agent in 2025
Adam Bowman
Compass
(602) 330-4602
23 in this area
176 Total Sales
-
Luis Espinoza
Buyer's Agent in 2025
Luis Espinoza
Gile Commercial Real Estate
(602) 373-9729
6 in this area
113 Total Sales
-
Jill Anderson
Seller's Agent in 2015
Jill Anderson
Russ Lyon Sotheby's International Realty
2 in this area
131 Total Sales
-
Katie Atkison
Seller Co-Listing Agent in 2015
Katie Atkison
Success Property Brokers
(602) 769-1910
1 in this area
35 Total Sales
-
Marty Stephens
Buyer's Agent in 2015
Marty Stephens
HomeSmart
(602) 418-3918
6 in this area
15 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6898938
APN: 214-39-071
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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