2930 E Monroe St Phoenix, AZ 85034
Central City Neighborhood
--
Bed
--
Bath
923
Sq Ft
7,492
Sq Ft Lot
Highlights
- Wood Flooring
- Central Air
- Heating System Uses Natural Gas
- Phoenix Coding Academy Rated A
About This Home
As of May 2025Seller's Prefers to Sell with 2924 & 2928 E Monroe Street! 2930 E Monroe Street is comprised of a single family home with an Additional Dwelling Unit. The property features (1) 2-Bed / 1-Bath Unit & (1) 1-Bed / 1-Bath Unit. The property is centrally located and are just minutes away from Downtown Phoenix, Sky Harbor as well as ASU & U of A's downtown campuses. Rents are averaging $1,132/month. With the neighborhood continuously improving this offers an excellent opportunity to own a cash-flowing asset in central Phoenix. Utilities are master metered, electric is billed back monthly. All tenants are on month-to-month leases, leaving the option to add additional value or continue to cash-flow!
Last Agent to Sell the Property
ABI Multifamily License #SA686764000 Listed on: 02/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,403
Year Built
- Built in 1946
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Wood
- Ceramic Tile
- Vinyl
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Over 1 Space Per Unit
- On-Street Parking
Schools
- Wilson Elementary Middle School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
Listing and Financial Details
- The owner pays for gas, electricity, trash collection, water, sewer
- Tax Lot 8
- Assessor Parcel Number 121-65-008
Community Details
Overview
- 2 Units
- Building Dimensions are 50ft x 150ft
- El Molino Place Subdivision
Building Details
- Operating Expense $1,403
- Gross Income $33,991
- Net Operating Income $19,686
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2025
Closed on
May 5, 2025
Sold by
Let It Be Llc
Bought by
Esquer Dinorah Fernandez
Seller's Agent
Carson Griesemer
ABI Multifamily
Buyer's Agent
Carson Griesemer
ABI Multifamily
List Price
$300,000
Sold Price
$295,000
Premium/Discount to List
-$5,000
-1.67%
Views
56
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.41%
Original Mortgage
$289,656
Outstanding Balance
$289,656
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$3,201
Purchase Details
Closed on
Nov 12, 2019
Sold by
A Z Homes Llc
Bought by
Let It Be Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.72%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 30, 2019
Sold by
Trojahn Katherine and Estate Of Emerine Ann Humberst
Bought by
A Z Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.72%
Mortgage Type
Commercial
Similar Homes in the area
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 | |
| Warranty Deed | $140,000 | Grand Canyon Title Agency | |
| Warranty Deed | $75,000 | Grand Canyon Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $289,656 | FHA | |
| Previous Owner | $173,000 | Commercial | |
| Previous Owner | $130,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Sold | $295,000 | -1.7% | $320 / Sq Ft |
| 04/02/2025 04/02/25 | Pending | -- | -- | -- |
| 02/20/2025 02/20/25 | For Sale | $300,000 | -- | $325 / 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 | $1,403 | $10,758 | -- | -- |
| 2024 | $1,410 | $10,246 | -- | -- |
| 2023 | $1,410 | $22,510 | $4,500 | $18,010 |
| 2022 | $1,328 | $13,960 | $2,790 | $11,170 |
| 2021 | $1,348 | $14,650 | $2,930 | $11,720 |
| 2020 | $1,342 | $14,520 | $2,900 | $11,620 |
| 2019 | $1,336 | $11,150 | $2,230 | $8,920 |
| 2018 | $541 | $7,450 | $1,490 | $5,960 |
| 2017 | $503 | $5,210 | $1,040 | $4,170 |
| 2016 | $515 | $4,530 | $900 | $3,630 |
| 2015 | $478 | $3,870 | $770 | $3,100 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2025
Carson Griesemer
ABI Multifamily
-
D
Seller Co-Listing Agent in 2025
Dallin Hammond
ABI Multifamily
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6823788
APN: 121-65-008
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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