2844 E Monte Cristo Ave Phoenix, AZ 85032
Paradise Valley NeighborhoodEstimated payment $4,027/month
Highlights
- Heated Community Pool
- Central Heating and Cooling System
- 5-minute walk to Palomino Park
- Ceramic Tile Flooring
About This Home
Fourplex for sale in the heart of North Phoenix just minutes from the Desert Ridge Marketplace, SR 51, local schools and parks, shopping, and many other attractions. VA ASSUMABLE loan, see private remarks. The unit mix is: one 1bed/1bath unit, one 2bed/2bath unit, one 2bed/1.5 bath TH style unit, and one 3bed/3bath unit. All units have generous square footage along with W/D hookups. Each unit has outdoor space with either a ground level patio or a balcony. . Monthly HOA dues INCLUDE: common area maintenance, landscaping, community pool, parking enforcement, and gated access with fob entry. Fully occupied with good paying tenants. DO NOT Disturb Tenants. Drive By ONLY. See documents tab, rents in attachment and listed in MLS are actual.
Listing Agent
ROI Asset Management Solutions License #BR531022000 Listed on: 04/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,402
Year Built
- Built in 1982
Home Design
- Wood Frame Construction
- Tile Roof
- Built-Up Roof
- Foam Roof
- Stucco
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Parking
- 4 Parking Spaces
- Carport
- Assigned Parking
Schools
- Palomino Primary Elementary School
- Palomino Intermediate School
- Paradise Valley High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 214-39-037
Community Details
Overview
- 4 Units
- Building Dimensions are PAD-13
- Greenway Manor Subdivision
Recreation
- Heated Community Pool
Building Details
- Operating Expense $19,526
- Gross Income $54,487
- Net Operating Income $35,010
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 | $1,402 | $14,080 | -- | -- |
| 2024 | $1,372 | $13,410 | -- | -- |
| 2023 | $1,372 | $39,870 | $7,970 | $31,900 |
| 2022 | $1,358 | $27,370 | $5,470 | $21,900 |
| 2021 | $1,362 | $23,580 | $4,710 | $18,870 |
| 2020 | $1,320 | $20,830 | $4,160 | $16,670 |
| 2019 | $1,322 | $18,260 | $3,650 | $14,610 |
| 2018 | $1,279 | $16,010 | $3,200 | $12,810 |
| 2017 | $1,226 | $15,080 | $3,010 | $12,070 |
| 2016 | $1,205 | $13,600 | $2,720 | $10,880 |
| 2015 | $1,116 | $12,710 | $2,540 | $10,170 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | For Sale | $699,900 | +75.4% | -- |
| 08/13/2020 08/13/20 | Sold | $399,000 | 0.0% | $110 / Sq Ft |
| 07/31/2020 07/31/20 | For Sale | $399,000 | 0.0% | $110 / Sq Ft |
| 07/31/2020 07/31/20 | Price Changed | $399,000 | 0.0% | $110 / Sq Ft |
| 07/08/2020 07/08/20 | Pending | -- | -- | -- |
| 07/05/2020 07/05/20 | Pending | -- | -- | -- |
| 06/30/2020 06/30/20 | For Sale | $399,000 | 0.0% | $110 / Sq Ft |
| 06/30/2020 06/30/20 | Price Changed | $399,000 | 0.0% | $110 / Sq Ft |
| 06/12/2020 06/12/20 | Off Market | $399,000 | -- | -- |
| 06/01/2020 06/01/20 | For Sale | $798,000 | -- | $221 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $399,000 | Security Title Agency Inc | |
| Special Warranty Deed | $107,000 | None Available | |
| Trustee Deed | $150,000 | Accommodation | |
| Quit Claim Deed | -- | Tsa Title Agency | |
| Warranty Deed | $380,000 | Tsa Title Agency | |
| Special Warranty Deed | $17,300,000 | -- | |
| Special Warranty Deed | $12,100,000 | Fidelity National Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $75,000 | Credit Line Revolving | |
| Open | $408,177 | VA | |
| Previous Owner | $80,250 | New Conventional | |
| Previous Owner | $324,000 | Unknown | |
| Previous Owner | $304,000 | Negative Amortization | |
| Previous Owner | $13,125,000 | Commercial | |
| Previous Owner | $11,257,450 | Commercial |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6855967
APN: 214-39-037
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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