822 E Montecito Ave Phoenix, AZ 85014
Central City NeighborhoodEstimated payment $5,159/month
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heating System Uses Natural Gas
- Phoenix Coding Academy Rated A
About This Home
Welcome to 822 East Montecito Avenue, Phoenix, AZ 85014! This beautifully maintained four-plex offers a fantastic investment opportunity with a mix of two spacious 2-bedroom, 1-bath units and two large 1-bedroom, 1-bath units. Each unit features large private backyards, perfect for outdoor relaxation or entertaining. Enjoy the convenience of full-sized laundry facilities in each unit, along with a host of modern upgrades and amenities designed to enhance comfort and style. Whether you're looking for a stable income property or a home for yourself, this four-plex delivers both charm and convenience in a prime Phoenix location.
Don't miss out on this exceptional opportunity! Tenant occupied. Please do not disturb.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,178
Year Built
- Built in 1958
Home Design
- Composition Roof
- Built-Up Roof
- Block Exterior
- Stucco
Flooring
- Ceramic Tile Flooring
Parking
- 4 Parking Spaces
- Carport
- Assigned Parking
Utilities
- Cooling Available
- Heating System Uses Natural Gas
Listing and Financial Details
- The owner pays for water, sewer, trash collection
- Tax Lot 39
- Assessor Parcel Number 155-19-034
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 85' x 110'
- Carolyn Place Lot 1 9 46 54 Subdivision
Building Details
- Operating Expense $11,132
- Gross Income $59,212
- Net Operating Income $49,256
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,178 | $24,476 | -- | -- |
| 2024 | $2,967 | $23,311 | -- | -- |
| 2023 | $2,967 | $66,510 | $13,300 | $53,210 |
| 2022 | $2,951 | $44,100 | $8,820 | $35,280 |
| 2021 | $3,001 | $36,270 | $7,250 | $29,020 |
| 2020 | $2,925 | $32,180 | $6,430 | $25,750 |
| 2019 | $2,798 | $31,180 | $6,230 | $24,950 |
| 2018 | $2,705 | $27,420 | $5,480 | $21,940 |
| 2017 | $2,484 | $26,180 | $5,230 | $20,950 |
| 2016 | $2,396 | $20,760 | $4,150 | $16,610 |
| 2015 | $965 | $10,960 | $2,190 | $8,770 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/16/2026 02/16/26 | Price Changed | $950,000 | -4.5% | -- | |
| 01/23/2026 01/23/26 | For Sale | $995,000 | +206.2% | -- | |
| 03/03/2015 03/03/15 | Sold | $325,000 | -13.3% | $146 / Sq Ft | View Prior Sale |
| 01/24/2015 01/24/15 | Pending | -- | -- | -- | |
| 10/20/2014 10/20/14 | For Sale | $375,000 | -- | $169 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Deed | -- | Chicago Title Agency | |
| Deed | -- | Chicago Title Agency | |
| Cash Sale Deed | $325,000 | First Arizona Title Agency | |
| Cash Sale Deed | $325,000 | First Arizona Title Agency | |
| Warranty Deed | -- | Equity Title Agency Inc | |
| Warranty Deed | -- | Equity Title Agency Inc | |
| Trustee Deed | $61,000 | None Available | |
| Trustee Deed | $61,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | Commercial |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6973303
APN: 155-19-034
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.
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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Ask me questions while you tour the home.