NOT LISTED FOR SALE

44 W Monroe St Unit 1007 Phoenix, AZ 85003

Downtown Phoenix Neighborhood

Estimated Value: $545,000 - $609,000

2 Beds
2 Baths
1,394 Sq Ft
1,307 Sq Ft Lot

Last Sold February 16, 2018

Last sale price $320,000 $230 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,290/month

Highlights

  • Concierge
  • 2-minute walk to Van Buren/1St Ave
  • Unit is on the top floor
  • Magnet Traditional School Rated 9+
  • Gated with Attendant
  • 4-minute walk to Civic Space Park

About This Home

As of January 2021

Oh my! What a fabulous opportunity! Truly one of the best views in town, this 10th floor 2 bedroom condo is at the perfect height! Look across the street at the mezzanine of the US Bank building, look down on the bustling street below with the light rail, multiple restaurants, coffee shops and more bustling with activity or enjoy the amazing sunset views from your spacious living room. Oversized windows throughout make this home feel like you are living in the air and give such great natural light t/o. Brand new stylish kitchen with upgraded KitchenAid appliances, engineered wood flooring, new carpet and paint, this one is ready for a new urban dweller! 44 Monroe has spectacular amenities, pool/spa/gym/party room with full kitchen and huge balcony. You will love living here!

Last Agent to Rent the Property

Nicholas Yale

Brokers Hub Realty, LLC Brokerage Email: Nicholas@NicholasYale.com License #BR517934000 Listed on: 01/04/2021

Last Renter's Agent

Awni & Chantell Abbas

HomeSmart License #BR627042000

HomeSmart

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,093

Year Built

  • Built in 2008

Lot Details

  • 1,307

Parking

  • 2 Car Garage
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Contemporary Architecture
  • Steel Frame

Interior Spaces

  • 1,394 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Kenilworth Elementary School
  • Central High School

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Two or More Common Walls

Listing and Financial Details

  • Property Available on 1/4/21
  • $50 Move-In Fee
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 1007
  • Assessor Parcel Number 112-21-398

Community Details

Overview

  • Property has a Home Owners Association
  • Brown Community Mgmt Association, Phone Number (480) 539-1396
  • Built by WEITZ
  • 44 Monroe Condominium Subdivision
  • 34-Story Property

Amenities

  • Concierge
  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,093

Year Built

Built in 2008

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2021-01-04

Listing Details

  • Cross Street: North on 1st Ave and west on Monroe Street.
  • Legal Info Range: 3E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Rental Info Floor Number: 10
  • Rental Info H O A Name: Brown Community Mgmt
  • Non Assistive Animals: Lessor Approval
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: 44 MONROE CONDOMINIUM
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: Yes
  • Structure Type: High Rise
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Community Features:Community Spa2: Yes
  • Security Features:Fire Sprinkler System: Yes
  • Windows:Low-Emissivity Windows: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1394.0
  • Stories: 34
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Concierge: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: Corner Lot
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req
  • Common Walls: Two Common Walls, Neighbor Above, Neighbor Below
  • Construction Type: Steel Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Other
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes
  • Construction:Steel Frame: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Gated, Garage Door Opener, Assigned, Community Structure
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Stacked Washer/Dryer
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Near Light Rail Stop, Near Bus Stop, Guarded Entry, Concierge, Clubhouse
  • Association Fee: 627.3
  • Association Name: Brown Community Mgmt
  • Phone: 480-539-1396
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Kenilworth Elementary School

Lot Info

  • Lot Size Sq Ft: 1394.0
  • Parcel #: 112-21-398

Building Info

  • Builder Name: WEITZ

Tax Info

  • Tax Book Number: 112.00
  • Tax Lot: 1007
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2018
Closed on
Feb 2, 2018
Sold by
Garza Olivia T and Wood Jesse
Bought by
Jerome Company Llc
Seller's Agent
Dennis Kolodin
Metro Realty
Buyer's Agent
jerome gutkin
Center City Realty, LLC
List Price
$349,900
Sold Price
$320,000
Premium/Discount to List
-$29,900
-8.55%
Current Estimated Value
$579,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,292
Avg. Annual Appreciation
8.00%

Purchase Details

Closed on
Sep 29, 2011
Sold by
Bank Of America Na
Bought by
Garza Olivia T and Wood Jesse

Purchase Details

Closed on
Mar 2, 2011
Sold by
Olshan Jerry
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Oct 10, 2008
Sold by
44 Monroe Llc
Bought by
Olshan Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
5.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jerome Company Llc $320,000 Empire West Title Agency Llc
Garza Olivia T $172,500 First American Title Ins Co
Bac Home Loans Servicing Lp $268,200 First American Title
Olshan Jerry $610,028 Americas Choice Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olshan Jerry $457,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2021 01/29/21 Rented $2,500 0.0% --
01/25/2021 01/25/21 Under Contract -- -- --
01/04/2021 01/04/21 For Rent $2,500 +19.0% --
03/01/2019 03/01/19 Rented $2,100 0.0% --
01/31/2019 01/31/19 Price Changed $2,100 -12.5% $2 / Sq Ft
12/12/2018 12/12/18 For Rent $2,400 0.0% --
02/16/2018 02/16/18 Sold $320,000 -8.5% $230 / Sq Ft View Prior Sale
01/23/2018 01/23/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $349,900 -- $251 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

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 $3,093 $19,857 -- --
2024 $2,908 $18,911 -- --
2023 $2,908 $31,010 $6,200 $24,810
2022 $2,792 $31,160 $6,230 $24,930
2021 $2,742 $27,900 $5,580 $22,320
2020 $2,802 $28,160 $5,630 $22,530
2019 $2,788 $26,460 $5,290 $21,170
2018 $2,745 $24,170 $4,830 $19,340
2017 $2,679 $24,010 $4,800 $19,210
2016 $2,600 $21,150 $4,230 $16,920
2015 $2,393 $12,620 $2,520 $10,100
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Yale

    Landlord's Agent in 2021

    Nicholas Yale

    Brokers Hub Realty, LLC

    (480) 620-8075

    27 in this area

    204 Total Sales

    Nicholas Yale
    Section Image

  • A

    Tenant's Agent in 2021

    Awni Abbas

    HomeSmart

  • Roberta Candelaria

    Seller's Agent in 2019

    Roberta Candelaria

    Phoenix Urban Spaces

    (602) 791-3292

    16 in this area

    74 Total Sales

    Roberta Candelaria
    Section Image
  • Brandi Spears

    Buyer's Agent in 2019

    Brandi Spears

    HomeSmart

    (480) 355-4700

    12 Total Sales

    Brandi Spears
    Section Image

  • D

    Seller's Agent in 2018

    Dennis Kolodin

    Metro Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6176936

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-398

Arizona Maricopa County Phoenix 85003 Downtown Phoenix

44 W Monroe St Unit 1007, 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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