1506 E Monroe St Phoenix, AZ 85034
Eastlake Park Neighborhood
3
Beds
2
Baths
1,221
Sq Ft
6,750
Sq Ft Lot
Highlights
- Wood Flooring
- Granite Countertops
- Double Pane Windows
- Phoenix Coding Academy Rated A
- No HOA
- Cooling Available
About This Home
As of March 2025Nestled in the heart of downtown Phoenix, this updated 3-bedroom, 2-bathroom home offers a blend of charm and opportunity. With sought-after R-5 zoning, the property is primed for multi-family development, making it an ideal investment or house hacking opportunityâ€''live in one part while renting out the rest to offset your mortgage. Recent updates include wide plank flooring, kitchen and bathroom remodels, and a roof refresh in 2020 and 2024. Large windows fill the home with natural light. The spacious backyard features a 10x10 concrete pad and endless possibilities for your vision. Close to top dining spots and entertainment venues, this home is move-in ready or ready for your next development project. Don't miss out on this fantastic opportunity in a rapidly growing area!
Last Agent to Sell the Property
Realty ONE Group Mountain Desert License #SA680936000
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,082
Year Built
- Built in 1941
Lot Details
- 6,750 Sq Ft Lot
- Wrought Iron Fence
- Block Wall Fence
- Artificial Turf
- Front Yard Sprinklers
Home Design
- Composition Roof
- Stucco
- Adobe
Interior Spaces
- 1,221 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Washer and Dryer Hookup
Kitchen
- Kitchen Updated in 2024
- Granite Countertops
Flooring
- Floors Updated in 2024
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom Updated in 2024
- 2 Bathrooms
Parking
- 2 Open Parking Spaces
- 1 Carport Space
Accessible Home Design
- No Interior Steps
Schools
- Asu Preparatory Academy - Polytechnic Elementary School
- Asu Preparatory Academy - Phoenix Middle School
- Asu Preparatory Academy - Phoenix High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- High Speed Internet
Community Details
- No Home Owners Association
- Association fees include no fees
- Collins Addition Phoenix Blocks 31 34 & 39 40 Subdivision
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 116-46-015
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2025 03/19/25 | Sold | $399,500 | -6.0% | $327 / Sq Ft |
| 02/13/2025 02/13/25 | Price Changed | $425,000 | -3.4% | $348 / Sq Ft |
| 01/16/2025 01/16/25 | For Sale | $440,000 | +10.1% | $360 / Sq Ft |
| 01/10/2025 01/10/25 | Off Market | $399,500 | -- | -- |
| 12/19/2024 12/19/24 | For Sale | $440,000 | +10.1% | $360 / Sq Ft |
| 12/16/2024 12/16/24 | Off Market | $399,500 | -- | -- |
| 10/30/2024 10/30/24 | For Sale | $440,000 | +141.1% | $360 / Sq Ft |
| 09/17/2020 09/17/20 | Sold | $182,500 | -27.0% | $149 / Sq Ft |
| 09/04/2020 09/04/20 | For Sale | $250,000 | 0.0% | $205 / Sq Ft |
| 08/31/2020 08/31/20 | Price Changed | $250,000 | 0.0% | $205 / Sq Ft |
| 08/14/2020 08/14/20 | Pending | -- | -- | -- |
| 08/07/2020 08/07/20 | For Sale | $250,000 | 0.0% | $205 / Sq Ft |
| 08/05/2020 08/05/20 | Pending | -- | -- | -- |
| 08/02/2020 08/02/20 | For Sale | $250,000 | -- | $205 / 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 | $2,082 | $15,566 | -- | -- |
| 2024 | $2,061 | $14,825 | -- | -- |
| 2023 | $2,061 | $24,770 | $4,950 | $19,820 |
| 2022 | $461 | $16,330 | $3,260 | $13,070 |
| 2021 | $458 | $13,320 | $2,660 | $10,660 |
| 2020 | $463 | $12,570 | $2,510 | $10,060 |
| 2019 | $463 | $9,370 | $1,870 | $7,500 |
| 2018 | $455 | $7,200 | $1,440 | $5,760 |
| 2017 | $444 | $6,380 | $1,270 | $5,110 |
| 2016 | $431 | $5,750 | $1,150 | $4,600 |
| 2015 | $399 | $4,580 | $910 | $3,670 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $307,500 | New Conventional | |
| Previous Owner | $300,700 | Commercial | |
| Previous Owner | $174,200 | Commercial | |
| Previous Owner | $183,363 | Commercial |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $399,500 | Clear Title Agency Of Arizona | |
| Warranty Deed | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Driggs Title Agency Inc | |
| Interfamily Deed Transfer | -- | Driggs Title Agency Inc | |
| Special Warranty Deed | $205,000 | None Available | |
| Warranty Deed | $182,500 | Fidelity Natl Ttl Agcy Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Similar Homes in Phoenix, AZ
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6777514
APN: 116-46-015
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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