Seller's Agent in 2022
Mindy Jones
Real Broker
(480) 771-9458
1 in this area
262 Total Sales
87 E Monte Vista Rd Phoenix, AZ 85004
Alvarado Historic District NeighborhoodEstimated Value: $1,338,000 - $1,588,791
5
Beds
3
Baths
3,186
Sq Ft
$458/Sq Ft
Est. Value
Highlights
- Guest House
- The property is located in a historic district
- Two Primary Bathrooms
- Phoenix Coding Academy Rated A
- City Lights View
- Property is near public transit
About This Home
As of April 2022Welcome to the iconic Alvarado Historic District in Central Phoenix. This historic estate built in 1915 sits on an oversized 11,783sf irrigated lot with a fully renovated 4 bedroom/2 bathroom main house with parlor room and exterior access to 3-room basement with cistern, a remodeled 480sf 1 bedroom/1 bathroom guest house with walk-in closet and trap door to cellar, and 2 oversized garage bays each fitting 2 smaller vehicles or a large vehicle with plenty of room for storage. Set back from the street with a large grassy lawn and paver driveway with electronic gate, this two story property has been brought back to life with a complete interior and exterior custom renovation including new roof, central air conditioning, new electrical, and plumbing while it's historic charm has been... ...painstakingly preserved with the expert refinishing of the original hardwood floors, restoration of the original windows with refinished casings and new glass, and rebuilt doors and hardware throughout the home. Paint colors were chosen to create a calming and soothing environment from the brick exterior of the home, throughout the formal living room with feature fireplace, the parlor room with original picture rail moulding, the formal dining room with access to the chef's kitchen, both downstairs bedrooms including the master with two owner's closets and a spa bath, guest room with full guest bathroom, and the two upstairs bedrooms. Built for entertaining, the Wolf 6-burner plus griddle range and Sub Zero built-in refrigerator and freezer complement the raw wood shelving and quartz counters with built-in outlets and exposed brick backsplash and large pantry leading to double Anderson doors to the backyard with paver seating area, professionally landscaped with new drip irrigation, and access to the guest house with eat-in kitchen and living area, bathroom, large bedroom and oversized walk-in closet with trap door to cellar, a historic legend during prohibition. With raised garden beds in the back and room for a private pool, this estate with private guest house will make the perfect downtown getaway for visitors, family members and AirBnB guests alike. Custom features include the expertly designed master bathroom with stone flooring, glass walk-in shower and cast iron soaking tub with a brushed stainless finish, private toilet room and custom designed cabinetry and lighting throughout as well as the well cared for and preserved original plaster walls and renovated staircase with custom carpet, stair rods and clips and custom wood work. With a rich history, the story of this estate has been told through the year plus renovation combining fashion, function and a little bit of fairy tale magic as the new home owners will enjoy life in iconic Los Olivos. Within walking distance to restaurants, shopping, the light rail, the Heard Museum, the Phoenix Art Museum, Downtown Phoenix law firms, schools, employment opportunities, and major sporting events - this one of a kind estate, on this one of a kind street, has an unbeatable location and a century old charm that has been revived, renewed and exceptionally well presented.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,217
Year Built
- Built in 1915
Lot Details
- 0.27 Acre Lot
- Desert faces the back of the property
- Wood Fence
- Block Wall Fence
- Chain Link Fence
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Private Yard
- Grass Covered Lot
Parking
- 4 Car Detached Garage
- 6 Open Parking Spaces
Home Design
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 3,186 Sq Ft Home
- 2-Story Property
- Wood Frame Window
- Living Room with Fireplace
- City Lights Views
- Unfinished Basement
- Partial Basement
- Security System Leased
Kitchen
- Kitchen Updated in 2021
- Eat-In Kitchen
Flooring
- Floors Updated in 2021
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Bathroom Updated in 2021
- Two Primary Bathrooms
- Primary Bathroom is a Full Bathroom
- 3 Bathrooms
- Double Vanity
- Bathtub With Separate Shower Stall
Laundry
- Laundry in unit
- Gas Dryer Hookup
Outdoor Features
- Covered Patio or Porch
- Outdoor Storage
Location
- Property is near public transit
- The property is located in a historic district
Schools
- Kenilworth Elementary School
- Phoenix Prep Academy Middle School
- Central High School
Utilities
- Cooling System Updated in 2021
- Zoned Heating and Cooling System
- Heating unit installed on the ceiling
- Heating System Uses Natural Gas
- Plumbing System Updated in 2021
- Wiring Updated in 2021
- High Speed Internet
Additional Features
- North or South Exposure
- Guest House
Community Details
- No Home Owners Association
- Association fees include no fees
- Los Olivos Re Amd Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 70
- Assessor Parcel Number 118-52-040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2022
Closed on
Mar 30, 2022
Sold by
Presseller Rosalie and Presseller Joe
Bought by
Biggar Nathan and Nedin Jackie
Seller's Agent
Mindy Jones
Real Broker
Buyer's Agent
Jackie Nedin
Real Broker
List Price
$1,650,000
Sold Price
$1,700,000
Premium/Discount to List
$50,000
3.03%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$240,302
Avg. Annual Appreciation
-3.78%
Original Mortgage
$1,320,000
Outstanding Balance
$1,235,103
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$224,595
Purchase Details
Listed on
Mar 17, 2016
Closed on
May 24, 2016
Sold by
Whaley Glen R
Bought by
Presseller Rosalie and Presseller Joe
Seller's Agent
Frank Russo
RE/MAX Fine Properties
Buyer's Agent
Jeffrey Swarens
Realty ONE Group
List Price
$510,000
Sold Price
$425,000
Premium/Discount to List
-$85,000
-16.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.74%
Original Mortgage
$200,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Biggar Nathan | $1,700,000 | Fidelity National Title | |
| Presseller Rosalie | $425,000 | Great Amer Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Biggar Nathan | $1,320,000 | |
| Previous Owner | Presseller Rosalie | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/08/2022 04/08/22 | Sold | $1,700,000 | +3.0% | $534 / Sq Ft | |
| 02/24/2022 02/24/22 | Pending | -- | -- | -- | |
| 02/22/2022 02/22/22 | For Sale | $1,650,000 | 0.0% | $518 / Sq Ft | |
| 07/24/2017 07/24/17 | Rented | $2,499 | 0.0% | -- | |
| 07/24/2017 07/24/17 | Under Contract | -- | -- | -- | |
| 06/12/2017 06/12/17 | For Rent | $2,499 | 0.0% | -- | |
| 06/03/2016 06/03/16 | Sold | $425,000 | -5.5% | $133 / Sq Ft | View Prior Sale |
| 06/01/2016 06/01/16 | Price Changed | $449,900 | 0.0% | $141 / Sq Ft | |
| 05/13/2016 05/13/16 | Pending | -- | -- | -- | |
| 05/09/2016 05/09/16 | Price Changed | $449,900 | -10.0% | $141 / Sq Ft | |
| 04/22/2016 04/22/16 | Price Changed | $499,900 | -2.0% | $157 / Sq Ft | |
| 03/17/2016 03/17/16 | For Sale | $510,000 | -- | $160 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $3,590 | $24,372 | -- | -- |
| 2024 | $3,356 | $23,212 | -- | -- |
| 2023 | $3,356 | $37,890 | $7,575 | $30,315 |
| 2022 | $3,241 | $28,525 | $5,705 | $22,820 |
| 2021 | $3,217 | $27,175 | $5,435 | $21,740 |
| 2020 | $3,253 | $27,230 | $5,445 | $21,785 |
| 2019 | $3,247 | $27,360 | $5,470 | $21,890 |
| 2018 | $3,194 | $25,755 | $5,150 | $20,605 |
| 2017 | $3,101 | $25,775 | $5,155 | $20,620 |
| 2016 | $3,402 | $13,925 | $2,785 | $11,140 |
| 2015 | $1,481 | $13,925 | $2,785 | $11,140 |
Source: Public Records
Agents Affiliated with this Home
-
Mindy Jones
-
Jackie Nedin
Buyer's Agent in 2022
Jackie Nedin
Real Broker
(602) 570-2195
1 in this area
104 Total Sales
-
Nathan Biggar
Buyer Co-Listing Agent in 2022
Nathan Biggar
Real Broker
(480) 717-1901
1 in this area
106 Total Sales
-
Evan Kopulos
Seller's Agent in 2017
Evan Kopulos
Capstone Realty Professionals
(602) 786-7575
-
Jaime Dominguez
Seller Co-Listing Agent in 2017
Jaime Dominguez
Realty One Group
(520) 331-2507
91 Total Sales
-
Frank Russo
Seller's Agent in 2016
Frank Russo
RE/MAX Fine Properties
(623) 643-1000
3 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6358799
APN: 118-52-040
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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