3517 E Montecito Ave Phoenix, AZ 85018
Camelback East Village NeighborhoodEstimated payment $7,397/month
Highlights
- Private Pool
- Cooling Available
- Heating Available
- Phoenix Coding Academy Rated A
- Desert Landscape
About This Home
This Four-Plex is very unique for the area. It is fully secured by a block wall on all sides and has its own private fenced in pool (recently resurfaced with pebble tech) in the courtyard. This is very rare to find anywhere in the valley, and especially in this area. The property as one 2/2 and three 1/1 bedroom units. The property has been self managed and the owner has made numerous upgrades to the interior and exterior.
This is a rare opportunity to purchase a Four-Plex in the esteemed Arcadia Lite Area. Arcadia Lite is a trendy, central Phoenix neighborhood (roughly 32nd-44th St, Camelback to Indian School) known for blending mid-century charm with modern, high-end renovations.
Listing Agent
Coldwell Banker Commercial Realty License #BR503783000 Listed on: 03/12/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,865
Year Built
- Built in 1957
Home Design
- Composition Roof
- Block Exterior
Parking
- 4 Parking Spaces
- 4 Covered Spaces
- On-Street Parking
Utilities
- Cooling Available
- Heating Available
- Natural Gas Not Available
Additional Features
- Private Pool
- Desert Landscape
Listing and Financial Details
- The owner pays for water, sewer, trash collection
- Tax Lot 6
- Assessor Parcel Number 170-27-117
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are UNK
Recreation
- Heated Community Pool
Building Details
- Operating Expense $18,627
- Gross Income $60,348
- Net Operating Income $41,251
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 | $2,865 | $21,214 | -- | -- |
| 2024 | $2,726 | $20,204 | -- | -- |
| 2023 | $2,726 | $59,910 | $11,980 | $47,930 |
| 2022 | $2,519 | $45,470 | $9,090 | $36,380 |
| 2021 | $2,590 | $42,480 | $8,490 | $33,990 |
| 2020 | $2,525 | $37,750 | $7,550 | $30,200 |
| 2019 | $2,508 | $33,860 | $6,770 | $27,090 |
| 2018 | $2,456 | $30,130 | $6,020 | $24,110 |
| 2017 | $2,360 | $25,200 | $5,040 | $20,160 |
| 2016 | $2,267 | $20,270 | $4,050 | $16,220 |
| 2015 | $2,110 | $18,930 | $3,780 | $15,150 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/29/2026 04/29/26 | Price Changed | $1,350,000 | +4.2% | -- | |
| 03/12/2026 03/12/26 | For Sale | $1,295,000 | +314.4% | -- | |
| 08/18/2014 08/18/14 | Sold | $312,500 | -10.7% | $292 / Sq Ft | View Prior Sale |
| 06/30/2014 06/30/14 | Pending | -- | -- | -- | |
| 03/16/2014 03/16/14 | For Sale | $350,000 | -- | $326 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Cash Sale Deed | $312,500 | Chicago Title Agency Inc | |
| Interfamily Deed Transfer | -- | None Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7012867
APN: 170-27-117
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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Ask me questions while you tour the home.