$400,000
SOLD JUL 28, 2022

8537 W Monterey Way Phoenix, AZ 85037

4 Beds
2 Baths
1,835 Sq Ft
0.38 Acres

Recently Sold

$218 Per Sq Ft

7% Below List Price

13 Days on Market

Highlights

  • Equestrian Center
  • Mountain View
  • Private Yard
  • RV Gated
  • Corner Lot
  • No HOA

About This Home

As of October 2023

Beautifully renovated ranch-style home nestled on a premium corner lot is now on the market! This nostalgic beauty displays a private courtyard & an RV gate. Highly-upgraded interior showcases wood-look tile flooring, stylish light fixtures, & soft palette. A spacious living room & a formal family room with sliding glass doors to the backyard. Elegant kitchen is equipped with plenty of cabinets with crown moulding, butcher block, and new stainless appliances. Open den is ideal for a TV area. Large horse property backyard has tons of space for all your toys.

Last Agent to Sell the Property

Hugo Reyna

Realty ONE Group License #SA674111000 Listed on: 07/07/2022

Co-Listed By

Yessenia Rios

Realty ONE Group License #SA701012000

Last Buyer's Agent

Jabir Algarawi

Realty Right Way License #BR535178000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,582

Year Built

  • Built in 1977

Lot Details

  • 0.38 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Private Yard

Home Design

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

Interior Spaces

  • 1,835 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Kitchen Updated in 2022
  • Eat-In Kitchen

Flooring

  • Floors Updated in 2022
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom Updated in 2022
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • RV Gated

Schools

  • Desert Horizon Elementary School
  • Westview High School

Horse Facilities and Amenities

  • Equestrian Center
  • Horses Allowed On Property
  • Corral

Utilities

  • Evaporated cooling system
  • Central Air
  • Heating Available
  • Plumbing System Updated in 2022
  • Wiring Updated in 2022
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Patio

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Contempo Del Este 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 & W Thomas Rd
  • Legal Info Range: 1E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2022
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2022
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2022
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2022
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2022
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1977
  • Tax Year: 2021
  • Directions: Head north on 83rd Ave, turn left onto W Avalon Dr-N 83rd Ln, turn left onto W Avalon Dr-N 85th Ln, & turn left onto W Monterey Way. The property is on the left.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 0.38
  • Co List Office Mls Id: reog13
  • Co List Office Phone: 623-552-3773
  • Subdivision Name: CONTEMPO DEL ESTE
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1835.0
  • Stories: 1
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Horse Facility: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Corner Lot, Desert Front, Dirt Back, Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Parking Features: RV Gate, RV Access/Parking
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Evaporative Cooling
  • 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

  • Community Features: Horse Facility
  • Amenities: None
  • 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

  • Horse Amenities: Corral(s)
  • Land Lease: No
  • Lot Size Sq Ft: 16452.0
  • Parcel #: 102-73-436
  • ResoLotSizeUnits: SquareFeet

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 Type Sale Price Title Company
Warranty Deed $465,000 Driggs Title Agency
Warranty Deed -- --
Warranty Deed $400,000 Lawyers Title
Interfamily Deed Transfer -- Stewart Title & Trust
Interfamily Deed Transfer -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $327,000 New Conventional
Previous Owner $26,000 No Value Available
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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6429782

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-73-436