$9,250,000
$500K PRICE DROP

3804 E Monterey Way Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated payment $54,178/month

Total Views 11,316
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ducts Professionally Air-Sealed
  • Ceiling Fan
  • Heating Available
  • Tavan Elementary School Rated A
  • Carpet

About This Home

Introducing Alameda Villas - Brand New Luxury Townhomes!Discover Alameda Villas, a stunning new construction community completed in 2024, offering 15 meticulously designed single-family townhomes. Built for ultimate flexibility, these homes can be sold individually as single-family residences or acquired entirely for a lucrative leasing opportunity.Each three-bedroom, 2.5-bath unit offers premium finishes, custom cabinetry, elegant countertops, beautiful flooring, and durable synthetic stucco exteriors for a low-maintenance lifestyle.Prime Location: Near dining, grocery stores, and shopping. Living Space: 1,825 SQFTUnder Roof: 2,246 SQFT Two-Car GarageDon't miss this exceptional opportunity!

Listing Agent

Robert Romanet

ARRT of Real Estate License #SA686850000 Listed on: 04/11/2024

Co-Listing Agent

Robert Clarfield

ARRT of Real Estate License #BR579223000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,000

Year Built

  • Built in 2024

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stone Exterior Construction
  • ICAT Recessed Lighting
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 32 Parking Spaces
  • 30 Covered Spaces
  • On-Street Parking

Utilities

  • Ducts Professionally Air-Sealed
  • Central Air
  • Heating Available
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 127-20-262

Community Details

Overview

  • 7 Buildings
  • 15 Units
  • Building Dimensions are 1.02 acres
  • Alameda Villas Subdivision

Building Details

  • Operating Expense $30,000
  • Gross Income $410,988

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,000

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Cross Street: 38th Street and Indian School
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 7
  • Ownership: Fee Simple
  • Year Built: 2024
  • Tax Year: 2023
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Co List Office Mls Id: aore001
  • Co List Office Phone: 480-300-7776
  • Subdivision Name: ALAMEDA VILLAS
  • Garage Yn: Yes
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Other, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: ICAT Recessed Lighting, Wood Frame, Painted, Stucco, Stone, Ducts Professionally Air-Sealed
  • Roof: Foam
  • Construction:Ducts Professionally Air-Sealed: Yes

Garage/Parking

  • Total Covered Spaces: 30.0
  • Parking Features: Add'l Parking Avail, On Street
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 32.0
  • General Property Description:Covered Parking Spcs: 30.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 32.0
  • Parking Features:Garage: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter, Master Meter, City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Interior Amenities:Fire Sprinklers2: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 1.02 acres
  • Additional Parcels: Yes
  • Parcel #: 127-20-262

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 15
  • Annual Gross Income: 410988.0
  • Annual Operating Expense: 30000.0

Tax Info

  • Tax Annual Amount: 30000.0
  • Tax Book Number: 127.00
  • Tax Lot: 15

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $2,254 $17,339 -- --
2024 $443 $16,514 -- --
2023 $443 $6,660 $6,660 $0
2022 $545 $7,032 $7,032 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 For Sale $9,250,000 0.0% --
05/01/2025 05/01/25 Off Market $9,250,000 -- --
03/15/2025 03/15/25 Price Changed $9,250,000 -3.6% --
06/09/2024 06/09/24 Price Changed $9,600,000 -1.5% --
04/12/2024 04/12/24 For Sale $9,750,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6690486

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-20-262

Arizona Maricopa County Phoenix 85018 Camelback East Village

3804 E Monterey Way, Phoenix, AZ

This home is located at 3804 E Monterey Way, Phoenix, AZ 85018 and is currently priced at $9,250,000. This property was built in 2024. 3804 E Monterey Way is a home located in Maricopa County with nearby schools including Tavan Elementary School, Ingleside Middle School, and Arcadia High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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Robert Romanet
Listing Agent
Robert Romanet
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ARRT of Real Estate
(602) 653-0916