$176,000
SOLD MAR 24, 2025

518 W Monte Way Phoenix, AZ 85041

South Mountain Neighborhood
2 Beds
1 Bath
1,144 Sq Ft
8,490 Sq Ft Lot

Recently Sold

$154 Per Sq Ft

30% Below List Price

37 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Concrete Flooring
  • Phoenix Coding Academy Rated A
  • Central Air
  • Heating Available

About This Home

As of March 2025

INVESTOR SPECIAL IN SOUTH PHOENIX ALMOST ABUTTING SOUTH MOUNT ON A BIG, 8,400 SF LOT. HOME HAS A MID-CENTURY CHARM ALL TO ITS OWN. ONE ROOM, USE FOR STORAGE AND LIKELY A FORMER CARPORT COULD BE BUILT OUT TO ADD ADDITIONAL LIVEAVBLE SPACE.

Last Agent to Sell the Property

Matt Borkowski

HomeSmart License #SA649358000 Listed on: 01/30/2025

HomeSmart

Last Buyer's Agent

Troy Dowdell

Gentry Real Estate License #SA628873000

Gentry Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $597

Year Built

  • Built in 1955

Lot Details

  • 8,490 Sq Ft Lot

Home Design

  • Fixer Upper
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Southwest Elementary School
  • Cesar Chavez High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • South Mountain Heights Subdivision

Listing and Financial Details

  • Tax Lot 150
  • Assessor Parcel Number 300-58-150

Home Details

Home Type

Single Family

Est. Annual Taxes

$597

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: 7TH AVE AND DOBBINS
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1955
  • Tax Year: 2024
  • Directions: SOUTH TO LA MIRADA - EAST TO 6TH AVE - NORTH TO PROPERTY
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: SOUTH MOUNTAIN HEIGHTS
  • New Construction: No
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Concrete
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1144.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Painted, Block
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Block: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Southwest Elementary School
  • High School: Cesar Chavez High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Southwest Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8490.0
  • Parcel #: 300-58-150

Building Info

  • Builder Name: NA

Tax Info

  • Tax Annual Amount: 597.0
  • Tax Book Number: 300.00
  • Tax Lot: 150
  • Tax Map Number: 58.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Feb 26, 2025
Sold by
Turner John W and Trojahn Katherine
Bought by
Gonzalez Jorge
Seller's Agent
Matt Borkowski
HomeSmart
Buyer's Agent
Troy Dowdell
Gentry Real Estate
List Price
$250,000
Sold Price
$176,000
Premium/Discount to List
-$74,000
-29.6%
Views
30
Current Estimated Value
$219,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,557
Avg. Annual Appreciation
47.98%

Purchase Details

Closed on
Mar 2, 1999
Sold by
Navarro Gerry
Bought by
Turner John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,160
Interest Rate
6.76%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $176,000 Capital Title
Warranty Deed $58,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $59,160 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Sold $176,000 -29.6% $154 / Sq Ft
03/18/2025 03/18/25 Price Changed $250,000 0.0% $219 / Sq Ft
03/08/2025 03/08/25 Pending -- -- --
03/04/2025 03/04/25 Price Changed $250,000 0.0% $219 / Sq Ft
03/04/2025 03/04/25 For Sale $250,000 0.0% $219 / Sq Ft
02/08/2025 02/08/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $250,000 -- $219 / 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 $597 $4,534 -- --
2024 $579 $4,318 -- --
2023 $579 $19,680 $3,930 $15,750
2022 $567 $13,780 $2,750 $11,030
2021 $585 $13,630 $2,720 $10,910
2020 $578 $11,830 $2,360 $9,470
2019 $558 $9,060 $1,810 $7,250
2018 $542 $8,110 $1,620 $6,490
2017 $505 $6,530 $1,300 $5,230
2016 $479 $5,160 $1,030 $4,130
2015 $445 $4,150 $830 $3,320
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Matt Borkowski

    HomeSmart

    (480) 599-7764

    1 in this area

    135 Total Sales

    Matt Borkowski
    Section Image
  • Troy Dowdell

    Buyer's Agent in 2025

    Troy Dowdell

    Gentry Real Estate

    (952) 412-7233

    4 in this area

    178 Total Sales

    Troy Dowdell
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6813339

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-58-150

Arizona Maricopa County Phoenix 85041 South Mountain

518 W Monte Way, Phoenix, AZ

This home is located at 518 W Monte Way, Phoenix, AZ 85041 and is currently priced at $176,000, approximately $153 per square foot. This property was built in 1955. 518 W Monte Way is a home located in Maricopa County with nearby schools including Southwest Elementary School, Cesar Chavez High School, and Phoenix Coding Academy.

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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