Seller's Agent in 2025
Mark Otten
HomeSmart
(602) 861-3300
1 in this area
4 Total Sales
3518 E Montecito Ave Phoenix, AZ 85018
Camelback East Village Neighborhood
--
Bed
--
Bath
2,674
Sq Ft
1957
Built
Highlights
- Ceramic Tile Flooring
- Central Heating and Cooling System
- Ceiling Fan
- Phoenix Coding Academy Rated A
About This Home
As of December 2025(3) 1 BEDDROOM/1 BATH UNITS AND (1) 2 BEDROOM/1 BATH UNIT IS SEMI DETACHED FROM 1 BEDROOM UNITS ACROSS BREEZEWAY WITH LARGE FENCED YARD*2 BEDROOM UNIT HAS BEEN REMODELED WITHPLANK STYLE TILE FLOORING, KITCHEN CABINETS,, GRANITE COUNTER TOPS* HAS A BEEHIVE FIREPLACE**1 BEDROOM UNITS HAVE LAMINATE FLOORING, TILE COUNTER TOPS, TILE FLOORING IN KITCHEN AND BATHS, SMALL INDIVIDUAL FENCED BACK PATIOS*STORAGE/WORKSHOP FOR OWNER*COIN OPERATED WASHER/DRYER IN LAUNDRY ROOM WITH EXTRA CLOSET SIZED STORAGE FOR EACH UNIT* 4 COVERED PARKING SPACES* OWNER/AGENT
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,194
Year Built
- Built in 1957
Home Design
- Composition Roof
Interior Spaces
- Ceiling Fan
Flooring
- Concrete
- Ceramic Tile
Parking
- 4 Parking Spaces
- Carport
- Free Parking
Schools
- Biltmore Preparatory Academy Elementary And Middle School
- Camelback High School
Utilities
- Central Heating and Cooling System
- Floor Furnace
- Heating System Uses Natural Gas
- Heat Pump System
- Wall Furnace
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Tax Lot 9
- Assessor Parcel Number 170-27-120
Community Details
Overview
- 4 Units
- Building Dimensions are 89X133
- Darleigh Manor Subdivision
Building Details
- Operating Expense $9,594
- Gross Income $41,800
- Net Operating Income $38,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2025
Closed on
Dec 1, 2025
Sold by
Otten Mark R
Bought by
Royal Palm Ventures Llc
Seller's Agent
Mark Otten
HomeSmart
Buyer's Agent
Robert Romanet
ARRT of Real Estate
List Price
$995,000
Sold Price
$700,000
Premium/Discount to List
-$295,000
-29.65%
Views
23
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
$69,455
Avg. Annual Appreciation
46.00%
Original Mortgage
$490,000
Outstanding Balance
$489,062
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$280,393
Purchase Details
Closed on
Nov 15, 2002
Sold by
Carter Donna R and Schlimgen John G
Bought by
Otten Mark R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
6.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 8, 1996
Sold by
Kunkel James F and Kunkel Vera M
Bought by
Schlimgen John G and Carter Donna R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,820
Interest Rate
7.68%
Mortgage Type
VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $700,000 | Capital Title | |
| Warranty Deed | $250,000 | Security Title Agency | |
| Joint Tenancy Deed | $141,000 | Security Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $490,000 | New Conventional | |
| Previous Owner | $177,500 | New Conventional | |
| Previous Owner | $143,820 | VA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/19/2025 12/19/25 | Sold | $700,000 | -15.2% | $262 / Sq Ft |
| 11/25/2025 11/25/25 | Price Changed | $825,000 | -7.8% | $309 / Sq Ft |
| 11/23/2025 11/23/25 | Pending | -- | -- | -- |
| 09/09/2025 09/09/25 | Price Changed | $895,000 | -10.1% | $335 / Sq Ft |
| 08/05/2025 08/05/25 | For Sale | $995,000 | -- | $372 / 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 | $3,318 | $24,565 | -- | -- |
| 2024 | $3,157 | $23,395 | -- | -- |
| 2023 | $3,157 | $68,960 | $13,790 | $55,170 |
| 2022 | $2,906 | $52,430 | $10,480 | $41,950 |
| 2021 | $2,989 | $47,650 | $9,530 | $38,120 |
| 2020 | $2,914 | $41,520 | $8,300 | $33,220 |
| 2019 | $2,895 | $36,770 | $7,350 | $29,420 |
| 2018 | $2,834 | $32,030 | $6,400 | $25,630 |
| 2017 | $2,723 | $29,530 | $5,900 | $23,630 |
| 2016 | $2,616 | $24,100 | $4,820 | $19,280 |
| 2015 | $2,435 | $23,220 | $4,640 | $18,580 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Otten
-
Robert Romanet
Buyer's Agent in 2025
Robert Romanet
ARRT of Real Estate
(602) 653-0916
6 in this area
49 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6901878
APN: 170-27-120
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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