NOT LISTED FOR SALE

46 E Monterey Way Phoenix, AZ 85012

Midtown Phoenix Neighborhood

Estimated Value: $454,672

Studio
-- Bath
1,411 Sq Ft
$322/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $472,000 $335 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,775/month

1 Day on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • 4-minute walk to Osborn/Central Ave

About This Home

As of June 2024

RARE small freestanding mid-town office/medical building for sale. Recently renovation includes 2 new hvac units, Ada restrooms, full kitchen, modern flooring. Ideal very walkable midtown location. One block South East of Osborn Light Rail station on Central Avenue. There are numerous nearby restaurants and retail amenities. Around the corner from St. Joseph's Hospital and Medical Center and Osborn Medical Center.

Last Agent to Sell the Property

Bret Isbell

Kidder Mathews License #BR549336000 Listed on: 05/10/2024

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,009

Year Built

  • Built in 1971

Lot Details

  • 6,055 Sq Ft Lot
  • Property is zoned R-5

Home Design

  • 1,411 Sq Ft Home

Parking

  • 11 Open Parking Spaces
  • 11 Parking Spaces
  • Private Parking
  • Free Parking

Utilities

  • Central Air

Community Details

  • Monterey Terrace Subdivision
  • Operating Expense $5,009

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 118-34-069

Property Details

Property Type

Other

Est. Annual Taxes

$5,009

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2023
  • Lot Size Acres: 0.14
  • Subdivision Name: MONTEREY TERRACE
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 1411.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 11.0
  • Total Parking Spaces: 11.0
  • General Property Description:Uncvrd Parking Spcs: 11.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central A/C
  • Heating: Other
  • Water Source: City Franchise

Lot Info

  • Lot Size Sq Ft: 6055.0
  • Parcel #: 118-34-069
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 5009.0

Tax Info

  • Tax Annual Amount: 5009.0
  • Tax Book Number: 118.00
  • Tax Lot: 2
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jun 5, 2024
Sold by
Blue Dog Development Llc
Bought by
Monterey Terrace 46 Llc
Seller's Agent
Bret Isbell
Kidder Mathews
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$472,000
Sold Price
$472,000
Views
3
Current Estimated Value
$454,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,328
Avg. Annual Appreciation
-2.30%

Purchase Details

Listed on
Sep 12, 2014
Closed on
Mar 19, 2015
Sold by
Bliss Family Three Llc
Bought by
Blue Dog Development Llc
Seller's Agent
David Genovese
Avison Young
Buyer's Agent
David Johnson
DLJ Properties, LLC
List Price
$265,000
Sold Price
$239,320
Premium/Discount to List
-$25,680
-9.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%

Purchase Details

Closed on
Mar 4, 2003
Sold by
Drinen Richard L and Drinen Gordon Robert
Bought by
Bliss Family Three Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
5.83%
Mortgage Type
Commercial
Source: Public Records
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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
Monterey Terrace 46 Llc $472,000 Fidelity National Title
Blue Dog Development Llc $480,000 Stewart Title & Trust Of Pho
Bliss Family Three Llc $87,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bliss Family Three Llc $69,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2024 06/06/24 Sold $472,000 0.0% $335 / Sq Ft
05/12/2024 05/12/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $472,000 +97.2% $335 / Sq Ft
03/21/2015 03/21/15 Sold $239,320 -9.7% $137 / Sq Ft View Prior Sale
02/01/2015 02/01/15 Pending -- -- --
09/12/2014 09/12/14 For Sale $265,000 -- $151 / 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 $5,050 $38,885 -- --
2024 $5,009 $38,191 -- --
2023 $5,009 $48,977 $45,186 $3,791
2022 $5,127 $45,483 $34,703 $10,780
2021 $5,363 $43,560 $35,694 $7,866
2020 $5,228 $38,880 $34,596 $4,284
2019 $5,001 $38,880 $32,328 $6,552
2018 $4,835 $37,584 $16,938 $20,646
2017 $4,439 $35,820 $17,640 $18,180
2016 $4,282 $28,440 $16,038 $12,402
2015 $4,091 $27,603 $16,003 $11,600
Source: Public Records

Agents Affiliated with this Home

  • Bret Isbell

    Seller's Agent in 2024

    Bret Isbell

    Kidder Mathews

    (602) 513-5200

    1 in this area

    14 Total Sales

    Bret Isbell
    Section Image

  • N

    Buyer's Agent in 2024

    Non-MLS Agent

    Non-MLS Office

  • D

    Seller's Agent in 2015

    David Genovese

    Avison Young

    Section Image

  • D

    Buyer's Agent in 2015

    David Johnson

    DLJ Properties, LLC

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6703356

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-34-069

Arizona Maricopa County Phoenix 85012 Midtown Phoenix

46 E Monterey Way, Phoenix, AZ

Not Listed for Sale

Other

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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