UNDER CONTRACT
$200K PRICE DROP
2916 E Monroe St Phoenix, AZ 85034
Central City NeighborhoodEstimated payment $6,380/month
Total Views
2,618
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heat Pump System
- Phoenix Coding Academy Rated A
About This Home
Multi-Unit property in Central Downtown location. Potential for a great value-add! Property includes a total of 9 units within 6 buildings. Offers mix of (3)studio apartments, (3) one bedroom, (2) two bedroom units and (1) Three bedroom unit. SF of units is 220, 244, 247, 343, 442, 523, 556, 674 and 1,060SF.
Great tenant base.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,884
Year Built
- Built in 1944
Lot Details
- Property fronts an alley
- Additional Parcels
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Ceramic Tile Flooring
Parking
- 15 Open Parking Spaces
- 15 Parking Spaces
Utilities
- Cooling Available
- Heat Pump System
- Individual Controls for Heating
Listing and Financial Details
- Legal Lot and Block 16 / 1
- Assessor Parcel Number 121-65-018
Community Details
Overview
- 6 Buildings
- 9 Units
- Building Dimensions are 100 ft x 150 ft
- El Molino Place Subdivision
Building Details
- Operating Expense $2,884
Map
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
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 | $1,456 | $11,160 | -- | -- |
| 2024 | $1,462 | $10,629 | -- | -- |
| 2023 | $1,462 | $60,255 | $12,045 | $48,210 |
| 2022 | $1,378 | $43,155 | $8,625 | $34,530 |
| 2021 | $1,398 | $33,720 | $6,735 | $26,985 |
| 2020 | $1,392 | $28,215 | $5,640 | $22,575 |
| 2019 | $1,386 | $23,715 | $4,740 | $18,975 |
| 2018 | $1,369 | $19,170 | $3,825 | $15,345 |
| 2017 | $1,273 | $18,645 | $3,720 | $14,925 |
| 2016 | $1,303 | $13,890 | $2,775 | $11,115 |
| 2015 | $1,291 | $12,272 | $2,448 | $9,824 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | Price Changed | $1,100,000 | -4.3% | -- |
| 02/22/2025 02/22/25 | Price Changed | $1,150,000 | +4.5% | -- |
| 02/22/2025 02/22/25 | Price Changed | $1,100,000 | -4.3% | -- |
| 01/13/2025 01/13/25 | Price Changed | $1,150,000 | -8.0% | -- |
| 09/24/2024 09/24/24 | Price Changed | $1,250,000 | -3.8% | -- |
| 08/15/2024 08/15/24 | For Sale | $1,300,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Rerecorded Deed | -- | Great American Title Agency | |
| Warranty Deed | $195,000 | Pioneer Title Agency Inc | |
| Trustee Deed | $84,091 | None Available | |
| Warranty Deed | $240,000 | Stewart Title & Trust Of Pho | |
| Warranty Deed | $210,000 | Stewart Title & Trust Of Pho | |
| Cash Sale Deed | $83,000 | Security Title Agency | |
| Cash Sale Deed | $50,500 | Chicago Title | |
| Warranty Deed | $116,611 | Chicago Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $60,000 | New Conventional | |
| Closed | $27,500 | New Conventional | |
| Closed | $50,000 | New Conventional | |
| Open | $704,500 | New Conventional | |
| Previous Owner | $105,000 | Commercial | |
| Previous Owner | $450,000 | Commercial | |
| Previous Owner | $41,500 | Unknown | |
| Previous Owner | $15,000 | Unknown | |
| Previous Owner | $20,000 | Unknown | |
| Previous Owner | $195,000 | Commercial | |
| Previous Owner | $124,700 | Credit Line Revolving | |
| Previous Owner | $245,000 | Commercial | |
| Previous Owner | $245,000 | Commercial | |
| Previous Owner | $165,000 | Commercial |
Source: Public Records
Similar Homes in the area
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6744412
APN: 121-65-018
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
Nearby Homes
- 2916 E Monroe St
- 2924 E Monroe St
- 2905 E Monroe St
- 2930 E Monroe St
- 608 N 28th St
- 3239 E Van Buren St
- 525 N 32nd St
- 2511 E Van Buren St
- 2502 E Washington St
- 2440 E Monroe St
- 1002 N 27th Place
- 1038 N 25th St
- 1046 N 25th St
- 2230 E Taylor St
- 2309 E Garfield St
- 2206 E Taylor St
- 2709 E Willetta St
- 14 S 22nd St
- 2545 E Culver St
- 2130 E Washington St