2905 E Monroe St Phoenix, AZ 85034
Central City NeighborhoodEstimated payment $3,373/month
Highlights
- Cooling Available
- Vinyl Flooring
- Heat Pump System
- Phoenix Coding Academy Rated A
About This Home
Want to do a House Hack? Check out this 4-Plex. Each private residence has two bedrooms and one bath all on a single level. Upon entering through the gated entrance you will see well-appointed private entrances. The floor plans are open-concept and spacious with an abundance of storage. Professionally maintained and managed, the exterior was recently painted. The community has a nice private patio area for enjoying the Phoenix climate. The location is surrounded by redevelopment and growth, with a large age-restricted community being built one block away. Contact Listing Broker for lucrative financing options as an Owner Occupant doing a House Hack! See attached Rent and Property Details in Documents!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,047
Year Built
- Built in 1985
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Vinyl Flooring
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
Schools
- Wilson Elementary Middle School
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Legal Lot and Block 19 / 4
- Assessor Parcel Number 121-65-082
Community Details
Overview
- 4 Units
- Building Dimensions are 7250
- El Molino Place Subdivision
Building Details
- Operating Expense $6,472
- Gross Income $41,100
- Net Operating Income $33,864
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,047 | $8,030 | -- | -- |
| 2024 | $1,052 | $7,648 | -- | -- |
| 2023 | $1,052 | $37,760 | $7,550 | $30,210 |
| 2022 | $991 | $26,660 | $5,330 | $21,330 |
| 2021 | $1,006 | $20,400 | $4,080 | $16,320 |
| 2020 | $1,002 | $17,280 | $3,450 | $13,830 |
| 2019 | $997 | $14,950 | $2,990 | $11,960 |
| 2018 | $985 | $12,050 | $2,410 | $9,640 |
| 2017 | $916 | $12,230 | $2,440 | $9,790 |
| 2016 | $938 | $9,600 | $1,920 | $7,680 |
| 2015 | $871 | $7,800 | $1,560 | $6,240 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2025 04/10/25 | Pending | -- | -- | -- |
| 03/06/2025 03/06/25 | Price Changed | $589,900 | -4.8% | -- |
| 02/07/2025 02/07/25 | Price Changed | $619,900 | -3.1% | -- |
| 12/26/2024 12/26/24 | For Sale | $639,900 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Old Republic Title Agency | |
| Interfamily Deed Transfer | -- | Old Republic Title Agency | |
| Quit Claim Deed | -- | Old Republic Title | |
| Cash Sale Deed | $58,000 | Clear Title Agency Of Arizon | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $247,000 | No Value Available | |
| Closed | $247,000 | Purchase Money Mortgage | |
| Previous Owner | $156,000 | New Conventional | |
| Previous Owner | $83,300 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6797645
APN: 121-65-082
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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