NOT LISTED FOR SALE

8537 W Monterey Way Phoenix, AZ 85037

Estimated Value: $371,000 - $414,000

5 Beds
2 Baths
1,835 Sq Ft
$211/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $465,000 $253 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,190/month

208 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • Central Air
  • RV Gated
  • Eat-In Kitchen
  • Heating Available

About This Home

As of October 2023

RANCH STYLE HORSES PROPERTY ON A PREMIUM CORNER LOT. LARGE BACKYARD. THIS PROPERTY HAS 2 PARCELS AND YOU CAN BUILD A HOUSE IF YOU WANT.

Last Agent to Sell the Property

Jabir Algarawi

Realty Right Way License #BR535178000 Listed on: 03/07/2023

Last Buyer's Agent

Zenon Mejorado

Camelback Executive Realtors License #SA508556000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,582

Year Built

  • Built in 1977

Lot Details

  • 0.38 Acre Lot
  • Block Wall Fence

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,835 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • RV Gated

Schools

  • Desert Horizon Elementary School
  • Westview High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Contempo Deleste Subdivision

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number 102-73-436

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,582

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Cross Street: 83RD AVE & THOMAS
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1977
  • Tax Year: 2022
  • Directions: NORTH ON 83RD AVE TO OSBORN. WEST TO 85TH LN. SOUTH TO PROPERTY.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 0.38
  • Subdivision Name: CONTEMPO DELESTE
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 1835.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Back, Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: RV Gate, Separate Strge Area, Side Vehicle Entry
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: 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: Desert Horizon Elementary School
  • High School: Westview High School
  • Middle Or Junior School: Desert Horizon Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16452.0
  • Parcel #: 102-73-436

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 1582.0
  • Tax Book Number: 102.00
  • Tax Lot: 72
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Oct 6, 2023
Sold by
Kamar 1 Llc
Bought by
Sanchez Ivan Vasquez and Delsotero Maria Del
Seller's Agent
Jabir Algarawi
Realty Right Way
Buyer's Agent
Zenon Mejorado
Camelback Executive Realtors
List Price
$499,000
Sold Price
$465,000
Premium/Discount to List
-$34,000
-6.81%
Views
139
Current Estimated Value
$386,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,208
Avg. Annual Appreciation
-8.84%
Original Mortgage
$327,000
Outstanding Balance
$254,285
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$132,507

Purchase Details

Listed on
Jul 7, 2022
Closed on
Jul 27, 2022
Sold by
Kadhim Fatthullah
Bought by
Kamar 1 Llc
Seller's Agent
Hugo Reyna
Realty ONE Group
Buyer's Agent
Jabir Algarawi
Realty Right Way
List Price
$430,000
Sold Price
$400,000
Premium/Discount to List
-$30,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.49%

Purchase Details

Listed on
Jul 7, 2022
Closed on
Jul 25, 2022
Sold by
Hr Capital Investments Llc
Bought by
Fatthulla Kadhim
Seller's Agent
Hugo Reyna
Realty ONE Group
Buyer's Agent
Jabir Algarawi
Realty Right Way
List Price
$430,000
Sold Price
$400,000
Premium/Discount to List
-$30,000
-6.98%

Purchase Details

Closed on
Aug 6, 1997
Sold by
Coll Preston Lynn
Bought by
Coll Preston Lynn and Coll Melody Leneal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
7.34%

Purchase Details

Closed on
Jul 11, 1997
Sold by
Coll Cynthia Lynn
Bought by
Coll Preston Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
7.34%
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
Sanchez Ivan Vasquez $465,000 Driggs Title Agency
Kamar 1 Llc -- --
Fatthulla Kadhim $400,000 Lawyers Title
Coll Preston Lynn -- Stewart Title & Trust
Coll Preston Lynn -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Ivan Vasquez $327,000
Previous Owner Coll Preston Lynn $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $465,000 -3.5% $253 / Sq Ft
04/27/2023 04/27/23 Price Changed $481,900 +1.5% $263 / Sq Ft
03/29/2023 03/29/23 Price Changed $474,900 -4.8% $259 / Sq Ft
03/07/2023 03/07/23 For Sale $499,000 +24.8% $272 / Sq Ft
07/28/2022 07/28/22 Sold $400,000 -4.8% $218 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
07/14/2022 07/14/22 Price Changed $420,000 -2.3% $229 / Sq Ft
07/07/2022 07/07/22 For Sale $430,000 -- $234 / 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 $1,685 $12,968 -- --
2024 $1,715 $12,350 -- --
2023 $1,715 $24,150 $2,770 $21,380
2022 $1,646 $17,750 $2,030 $15,720
2021 $1,582 $16,430 $1,880 $14,550
2020 $1,535 $15,180 $1,740 $13,440
2019 $1,524 $13,440 $1,540 $11,900
2018 $712 $10,710 $1,230 $9,480
2017 $663 $8,990 $1,030 $7,960
2016 $608 $7,580 $870 $6,710
2015 $591 $6,760 $770 $5,990
Source: Public Records

Agents Affiliated with this Home

  • Jabir Algarawi

    Seller's Agent in 2023

    Jabir Algarawi

    Realty Right Way

    (602) 486-1189

    128 Total Sales

    Jabir Algarawi
    Section Image
  • Zenon Mejorado

    Buyer's Agent in 2023

    Zenon Mejorado

    Camelback Executive Realtors

    (602) 525-0572

    36 Total Sales

    Zenon Mejorado
    Section Image
  • Hugo Reyna

    Seller's Agent in 2022

    Hugo Reyna

    Realty One Group

    (480) 606-8613

    40 Total Sales

    Hugo Reyna
    Section Image

  • Y

    Seller Co-Listing Agent in 2022

    Yessenia Rios

    Realty One Group

    (623) 552-3773

    19 Total Sales

    Yessenia Rios
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6528879

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-73-436

Arizona Maricopa County Phoenix 85037

8537 W Monterey Way, Phoenix, AZ

This home is located at 8537 W Monterey Way, Phoenix, AZ 85037 since 07 March 2023 and is currently estimated at $386,792, approximately $210 per square foot. This property was built in 1977. 8537 W Monterey Way is a home located in Maricopa County with nearby schools including Desert Horizon Elementary School, Copper Canyon High School, and Pan-American Charter School.

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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