$350,000
UNDER CONTRACT $35K PRICE DROP

1538 W Monroe St Phoenix, AZ 85007

Governmental Mall Neighborhood

Estimated payment $1,993/month

Total Views 3,098
4 Beds
2 Baths
1,637 Sq Ft
$214 Price per Sq Ft

Highlights

  • 1 Fireplace
  • No HOA
  • Eat-In Kitchen
  • Phoenix Coding Academy Rated A
  • Covered Patio or Porch
  • Evaporated cooling system

About This Home

Great investment opportunity for spacious home in historic downtown neighborhood. Home has potential for 2 separate living areas. This home is a fantastic remodeling opportunity. It DOES NOT have an HVAC system and no heating system. Evaporative cooling only. Home has fixtures for three baths and space for 5 bedrooms.

Listing Agent

Benjamin Little

West USA Realty License #BR518578000 Listed on: 08/06/2025

West USA Realty

Co-Listing Agent

Elaine Hess

West USA Realty License #SA661512000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,065

Year Built

  • Built in 1939

Lot Details

  • 8,400 Sq Ft Lot
  • Wrought Iron Fence
  • Chain Link Fence

Parking

  • 1 Carport Space

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,637 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Laminate Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Property is near a bus stop

Schools

  • Paul Dunbar Lawrence Elementary And Middle School
  • Central High School

Utilities

  • Evaporated cooling system
  • No Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Capitol Addition Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 112-02-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,065

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Cross Street: Van Buren and 15th Ave.
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1939
  • Tax Year: 2024
  • Directions: South on 15th Ave to west on Monroe St. to property on right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: wusa94
  • Co List Office Phone: 602-942-4200
  • Subdivision Name: Capitol Addition
  • Property Attached Yn: No
  • Technology:Cable TV Avail: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: UnderContract

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen
  • Living Area: 1637.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Other, Chain Link, Wrought Iron
  • Exterior Features: Storage
  • Lot Features: Dirt Front, Dirt Back
  • Pool Private: No
  • View: City Light View(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Evaporative Cooling, See Remarks
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Water
  • Heating:No Heat: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • 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: Paul Dunbar Lawrence School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Paul Dunbar Lawrence School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8400.0
  • Parcel #: 112-02-015

Building Info

  • Builder Name: Unkown

Tax Info

  • Tax Annual Amount: 1065.0
  • Tax Book Number: 112.00
  • Tax Lot: 19
  • Tax Map Number: 2.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,065 $7,585 -- --
2024 $1,055 $7,585 -- --
2023 $1,055 $14,125 $2,825 $11,300
2022 $1,017 $11,435 $2,285 $9,150
2021 $1,010 $10,190 $2,035 $8,155
2020 $1,021 $10,230 $2,045 $8,185
2019 $1,020 $9,585 $1,915 $7,670
2018 $591 $7,280 $1,455 $5,825
2017 $577 $6,290 $1,255 $5,035
2016 $561 $5,330 $1,065 $4,265
2015 $519 $5,385 $1,075 $4,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Price Changed $350,000 -6.7% $214 / Sq Ft
08/11/2025 08/11/25 Price Changed $375,000 -2.6% $229 / Sq Ft
08/06/2025 08/06/25 For Sale $385,000 -- $235 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Source: Public Records

Similar Homes in the area

  • 505 E Lydia Ln, Phoenix, AZ 85042

    $410,000

    • 3 Beds
    • 2 Baths
    • 1,846 Sq Ft
    • 505 E Lydia Ln
    • Phoenix, AZ

    Stunning Phoenix gem! Gated Community!! This well-maintained 3 bed, 2 bath home showcases its open concept interior floor plan. Keep any chef happy in the kitchen with the long countertops, ample cabinet space, and plenty of storage for pantry items. Large bedrooms with 2 primary options. Notes from builder state 3rd bedroom can be split to make the home a 4 bedroom. Tile in the high traffic

    Shannon Shutack Realty ONE Group

    Section Image
  • 5225 W Shumway Farm Rd, Laveen, AZ 85339

    $409,000

    • 4 Beds
    • 2.5 Baths
    • 2,211 Sq Ft
    • 5225 W Shumway Farm Rd
    • Laveen, AZ

    BIG price drop and more room to negotiate! WANT MORE UPGRADES? New countertops, appliances, fixtures, etc... ask for it!! Stunning Home! $184 sq.ft. is the best value in the area! 4-bedroom, 3-bath home with a spacious loft, generous living space and modern updates throughout. The main level features a large living room, formal dining area, and an open-concept kitchen that flows into the casual

    Stephen Gomez My Home Group Real Estate

    Section Image
  • 1424 E Garfield St, Phoenix, AZ 85006

    $374,000

    • 2 Beds
    • 1 Bath
    • 708 Sq Ft
    • 1424 E Garfield St
    • Phoenix, AZ

    Located in Phoenix's vibrant Garfield Historic District, this 1923 cottage combines historic charm with thoughtful modern upgrades. Just minutes from Roosevelt Row, ASU, Banner and Valleywise hospitals, and downtown dining, it offers unmatched convenience in a walkable, thriving neighborhood. Inside, the highlight is a newly designed, luxurious walk-in closet that delivers exceptional storage and

    Raleigh Dombek Compass

    Section Image
  • 3408 W Virginia Ave, Phoenix, AZ 85009

    $345,000

    • 3 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • 3408 W Virginia Ave
    • Phoenix, AZ

    Welcome to your perfect new Home Sweet Home. This beauty is in immaculate condition from ceiling to floor. There is wall to wall tile flooring making for an elegant look, a cooler home, and easy clean up. Spacious living room and very good sized bedrooms with ceiling fans. In the kitchen you'll love the stainless steel appliances, tile backsplash, contemporary cabinetry, and granite countertops.

    Ruben Luna eXp Realty

    Section Image
  • 2744 W Campbell Ave, Phoenix, AZ 85017

    $335,000

    • 3 Beds
    • 2 Baths
    • 1,510 Sq Ft
    • 2744 W Campbell Ave
    • Phoenix, AZ

    Fantastic opportunity to own this charming 3-bed, 2-bath home in a great Phoenix location! Inside, you'll find a desirable open layout perfect for everyday living & entertaining. Abundant natural light, designer paint, and tile flooring throughout are some features that can't be left unsaid. The open-concept kitchen boasts SS appliances, quartz counters, a stylish tile backsplash, white shaker

    Oscar Colato RE/MAX Professionals

    Section Image
  • 5034 S 11th Place, Phoenix, AZ 85040

    $410,000

    • 4 Beds
    • 2 Baths
    • 1,385 Sq Ft
    • 5034 S 11th Place
    • Phoenix, AZ

    This inviting GATED 4/2 home offers 1,385 sq ft of living space. Enjoy mountain views, a welcoming covered porch. Inside, find wood‑look flooring, fresh paint and a bright, open great room. The kitchen shines with white shaker cabinets, granite counters, stainless steel appliances and breakfast bar. Retreat to the primary suite with dual sinks and walk‑in closet. Outside

    Marilyn Ramirez HomeSmart

    Section Image
  • 6505 S 15th Dr, Phoenix, AZ 85041

    $375,000

    • 3 Beds
    • 2.5 Baths
    • 1,798 Sq Ft
    • 6505 S 15th Dr
    • Phoenix, AZ

    Welcome to this fantastic two-story home in Acacia! Offering 3 beds, 2.5 baths, a 2-car garage, and a low-care front yard. The inviting interior showcases bountiful natural light, a neutral palette, tile flooring downstairs, and carpet upstairs. Discover the formal living room and the separate family room that opens to the kitchen! Black SS appliances, recessed lighting, ample white cabinetry,

    Johana Saenz Varela A.Z. & Associates

    Section Image
  • 3131 W Elm St, Phoenix, AZ 85017

    $275,777

    • 4 Beds
    • 2 Baths
    • 1,386 Sq Ft
    • 3131 W Elm St
    • Phoenix, AZ

    Multiple offers received. Cash only home has been damaged, non warrantable. With real investment potential,this property is a perfect cupcake! Waiting for the lucky buyer that sees the opportunity in front of them! Welcome to 3131 W Elm! This beautiful fully remodeled home boasts a fresh, modern look and is ideally situated with convenient access to major highways, making it a perfect blend

    Eric Williamson Citiea

    Section Image
See All Homes in Phoenix

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6902497

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-02-015

Arizona Maricopa County Phoenix 85007 Governmental Mall

1538 W Monroe St, Phoenix, AZ

This home is located at 1538 W Monroe St, Phoenix, AZ 85007 and is currently priced at $350,000, approximately $213 per square foot. This property was built in 1939. 1538 W Monroe St is a home located in Maricopa County with nearby schools including Mary Mcleod Bethune School, Phoenix Coding Academy, and Central High 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

Nearby Homes
Benjamin Little
Listing Agent
Benjamin Little
Section Image
West USA Realty
(480) 418-1815