Seller's Agent in 2025
Carson Griesemer
ABI Multifamily
(602) 714-1400
5 in this area
23 Total Sales
2924 E Monroe St Phoenix, AZ 85034
Central City Neighborhood
--
Bed
--
Bath
793
Sq Ft
7,492
Sq Ft Lot
Highlights
- Ceramic Tile Flooring
- Central Air
- Individual Controls for Heating
- Phoenix Coding Academy Rated A
About This Home
As of May 2025Property Must Be Sold With 2928 E Monroe Street!!! Seller's preference is to Sell with 2930 E Monroe Street as well!
The (2) properties are Single Family Homes with Additional Dwelling Units. In total there are (4) units featuring (1) 1-Bed / 1-Bath & (3) 2-Bed / 1-Bath. All units are individually metered for electricity, owner pays Water, Sewer & Trash. The average in-place rent is $1,202 with all leases being on month-to-month basis. The purchaser has the ability to continue to cash-flow or do more extensive interior and exterior upgrades.
The property is centrally located and situated minutes from Downtown Phoenix, Sky Harbor and provides immediate access to major highways, public transportation, and the city's growing business and entertainment districts.
Last Agent to Sell the Property
ABI Multifamily License #SA686764000 Listed on: 02/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,537
Year Built
- Built in 1983
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Over 1 Space Per Unit
- On-Street Parking
Schools
- Wilson Elementary Middle School
Utilities
- Central Air
- Individual Controls for Heating
- Master Water Meter
Additional Features
- Ceramic Tile Flooring
- Additional Parcels
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Tax Lot 12
- Assessor Parcel Number 121-65-012
Community Details
Overview
- 4 Buildings
- 4 Units
- Building Dimensions are 100ft x 150ft
- El Molino Place Subdivision
Building Details
- Operating Expense $1,537
- Gross Income $42,478
- Net Operating Income $44,534
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2025
Closed on
May 5, 2025
Sold by
5 Monroe Llc
Bought by
Sanchez Jaime Karin
Seller's Agent
Carson Griesemer
ABI Multifamily
Buyer's Agent
Dallin Hammond
ABI Multifamily
List Price
$600,000
Sold Price
$590,000
Premium/Discount to List
-$10,000
-1.67%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$217,730
Avg. Annual Appreciation
-48.70%
Original Mortgage
$289,656
Outstanding Balance
$288,628
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$83,642
Purchase Details
Closed on
Jul 5, 2018
Sold by
Chen Yen Chu and Chen Hui Mei Ku
Bought by
Rsi Az Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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 | $295,000 | Grand Canyon Title | |
| Special Warranty Deed | $220,000 | Grand Canyon Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $289,656 | FHA | |
| Previous Owner | $210,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/20/2025 05/20/25 | Sold | $590,000 | -1.7% | $744 / Sq Ft |
| 04/25/2025 04/25/25 | Pending | -- | -- | -- |
| 02/20/2025 02/20/25 | For Sale | $600,000 | -- | $757 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $1,459 | $11,781 | -- | -- |
| 2024 | $1,544 | $11,220 | -- | -- |
| 2023 | $1,544 | $25,030 | $5,000 | $20,030 |
| 2022 | $1,454 | $19,060 | $3,810 | $15,250 |
| 2021 | $1,476 | $16,160 | $3,230 | $12,930 |
| 2020 | $1,469 | $16,270 | $3,250 | $13,020 |
| 2019 | $1,463 | $12,210 | $2,440 | $9,770 |
| 2018 | $838 | $9,860 | $1,970 | $7,890 |
| 2017 | $779 | $7,120 | $1,420 | $5,700 |
| 2016 | $797 | $6,100 | $1,220 | $4,880 |
| 2015 | $741 | $5,370 | $1,070 | $4,300 |
Source: Public Records
Agents Affiliated with this Home
-
Carson Griesemer
-
Mitchell Drake
Seller Co-Listing Agent in 2025
Mitchell Drake
ABI Multifamily
(602) 714-1400
6 in this area
27 Total Sales
-
Dallin Hammond
Buyer's Agent in 2025
Dallin Hammond
ABI Multifamily
(602) 714-1400
4 in this area
35 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6823823
APN: 121-65-012
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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