$175,000
UNDER CONTRACT $30K PRICE DROP

1518 W Monroe St Phoenix, AZ 85007

Governmental Mall Neighborhood

Estimated payment $1,003/month

Total Views 6,591
0.16 Acre
$1,093,750 Price per Acre
6,941 Sq Ft Lot

Highlights

  • The property is located in a historic district
  • No HOA
  • Level Lot
  • Phoenix Coding Academy Rated A

About This Lot

Development opportunity in Downtown Phoenix on this large R-5 Zoned lot. Located in an excellent area only minutes away from Downtown Phoenix and everything it has to offer. Quick commute to airport and walking/ biking distance to many restaurants, shopping spots, entertainment, and much more!

Listing Agent

Cole Annati

Keller Williams Realty Sonoran Living License #BR656897000

Keller Williams Realty Sonoran Living

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $326

Lot Details

  • 6,941 Sq Ft Lot
  • Block Wall Fence
  • Level Lot
  • Property is zoned R5

Schools

  • Central High School

Additional Features

  • North or South Exposure
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Capitol Addition Blocks 3 6 & 12 14 Tract A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 112-02-021

Property Details

Property Type

Land

Est. Annual Taxes

$326

Lot Details

0

Listing Details

  • Cross Street: 15th Ave & Van Buren
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Level
  • Zoning: R5
  • Tax Year: 2024
  • Directions: Go south on 15th Avenue, turn west on Monroe Street and the lot is on the right had side.
  • Horses: No
  • Lot Size Acres: 0.16
  • Road Surface Type: Asphalt
  • Subdivision Name: CAPITOL ADDITION BLOCKS 3-6 & 12-14 TRACT A
  • Special Features: 4224
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Block
  • Lot Features: Historic District, North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 140'x60'
  • Lot Size Sq Ft: 6941.0
  • Additional Parcels: No
  • Parcel #: 112-02-021
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 326.0
  • Tax Book Number: 112.00
  • Tax Lot: -
  • Tax Map Number: 2.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $326 $2,437 $2,437 --
2024 $323 $2,321 $2,321 --
2023 $323 $16,320 $16,320 $0
2022 $311 $9,840 $9,840 $0
2021 $309 $8,400 $8,400 $0
2020 $313 $7,185 $7,185 $0
2019 $312 $3,210 $3,210 $0
2018 $307 $2,295 $2,295 $0
2017 $300 $1,995 $1,995 $0
2016 $291 $1,815 $1,815 $0
2015 $287 $1,936 $1,936 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Price Changed $175,000 -5.4% --
03/07/2025 03/07/25 Price Changed $185,000 -5.1% --
02/07/2025 02/07/25 Price Changed $195,000 -4.9% --
01/03/2025 01/03/25 For Sale $205,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $28,000 First American Title Insuran
Cash Sale Deed $9,600 Old Republic Title Agency
Interfamily Deed Transfer -- None Available
Joint Tenancy Deed -- Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $84,100 Unknown
Previous Owner $15,000 Seller Take Back
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6799684

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-02-021

Arizona Maricopa County Phoenix 85007 Governmental Mall

1518 W Monroe St, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 1518 W Monroe St, Phoenix, AZ 85007 and is currently priced at $175,000. 1518 W Monroe St is a home located in Maricopa County with nearby schools including Dunbar Elementary School, Magnet Traditional School, and Phoenix Coding Academy.

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

Cole Annati
Listing Agent
Cole Annati
Section Image
Keller Williams Realty Sonoran Living
(623) 303-5381