Monica Astorga
Realty ONE Group
(623) 299-2556
85 Total Sales
1 in Central City
$750,000 Price
2924 E Monroe St Phoenix, AZ 85034
Central City NeighborhoodEstimated Value: $270,000 - $417,000
Studio
2
Baths
793
Sq Ft
$417/Sq Ft
Est. Value
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
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,537
Year Built
- Built in 1983
Lot Details
- 7,492
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
- Separate Meters
- 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
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
Feb 20, 2025
Closed on
May 5, 2025
Sold by
5 Monroe Llc
Bought by
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
-$235,036
Avg. Annual Appreciation
-36.43%
Original Mortgage
$289,656
Outstanding Balance
$286,641
Interest Rate
7.7%
Mortgage Type
FHA
Estimated Equity
$43,765
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central City, AZ
-
Monica Astorga
-
Lucy Guzman
Lucy Guzman
Century 21 Americana
(623) 323-9620
133 Total Sales
3 in Central City
$352K - $395K Price Range
-
Patty Sapp
Patty Sapp
Russ Lyon Sotheby's International Realty
(480) 573-7790
41 Total Sales
1 in Central City
$900,000 Price
-
Juan Ramirez
Juan Ramirez
HomeSmart
(623) 323-1145
80 Total Sales
1 in Central City
$665,000 Price
-
Ginny Solis-Wright
Ginny Solis-Wright
W and Partners, LLC
(480) 933-4418
149 Total Sales
1 in Central City
$530,000 Price
-
Melissa Gasper
Melissa Gasper
Realty ONE Group
(855) 952-1092
101 Total Sales
3 in Central City
$180K - $585K Price Range
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 |
|---|---|---|---|
| $295,000 | Grand Canyon Title | ||
| Rsi Az Llc | $220,000 | Grand Canyon Title Agency |
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 |
|---|---|---|---|
| Open | $289,656 | ||
| Previous Owner | 5 Monroe Llc | $385,700 | |
| Previous Owner | Rsi Az Llc | $210,000 |
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 |
|---|---|---|---|---|
| 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
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 | $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
Seller's Agent in 2025
Carson Griesemer
ABI Multifamily
(602) 714-1400
5 in this area
19 Total Sales
-
Mitchell Drake
Seller Co-Listing Agent in 2025
Mitchell Drake
ABI Multifamily
(602) 714-1400
7 in this area
28 Total Sales
-
Dallin Hammond
Buyer's Agent in 2025
Dallin Hammond
ABI Multifamily
(602) 714-1400
4 in this area
34 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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