$9,250,000
$500K PRICE DROP

3804 E Monterey Way Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated payment $51,542/month

Total Views 22,338
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ducts Professionally Air-Sealed
  • Desert Landscape
  • 32 Car Garage
  • Tavan Elementary School Rated A
  • Ceiling Fan
  • Fenced

About This Home

Alameda Villas Brand New Luxury Townhomes! Offering exceptional value with one of the lowest price-per-sqft opportunities in the Arcadia/Scottsdale area. 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 SQFT Under Roof: 2,246 SQFT / 2 Garages
Plus, fully occupied!

Listing Agent

Robert Romanet

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

Co-Listing Agent

Amanda Elliott

ARRT of Real Estate License #SA692245000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,000

Year Built

  • Built in 2024

Lot Details

  • Fenced
  • Desert Landscape
  • Additional Parcels

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Vertical Blinds

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 32 Car Garage
  • 2 Open Parking Spaces
  • Additional Parking
  • On-Street Parking

Utilities

  • Ducts Professionally Air-Sealed
  • Central Air
  • Heating Available
  • Separate Meters
  • Natural Gas Not Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water
  • 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 Sq Ft Lot

Listing Details

  • Cross Street: 38th Street and Indian School
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 7
  • Ownership: Fee Simple
  • Year Built: 2024
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: aore001
  • Co List Office Phone: 480-300-7776
  • Subdivision Name: ALAMEDA VILLAS
  • Garage Yn: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer, Other

Exterior Features

  • Exterior Features: Sidewalk(s)
  • Disclosures: None
  • Construction Type: Wood Frame, ICAT Recessed Lighting, Ducts Professionally Air-Sealed, Painted, Stucco, Stone
  • Roof: Foam

Garage/Parking

  • Total Covered Spaces: 30.0
  • Parking Features: On Street
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 32.0

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool, Other

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
  • Tenant Pays: Electricity, Cable TV
  • 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: 127.0
  • Tax Lot: 15

Map

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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 $2,342 $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 List to Sale Price per Sq Ft
04/29/2026 04/29/26 For Rent $3,349 0.0% --
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

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
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