51 E Monterey Way Phoenix, AZ 85012
Midtown Phoenix NeighborhoodEstimated payment $4,180/month
Highlights
- Wood Flooring
- 5-minute walk to Osborn/Central Ave
- Heating Available
- Phoenix Coding Academy Rated A
- Cooling Available
About This Home
Recently renovated single-story ± 1,760 SF office building for sale, located in the heart of Midtown. The property is situated between 3rd St and Central Ave, just south of Osborn Rd, located within the Midtown Focus Area for Economic Development and the Reinvent PHX Midtown District. The property's current and future corridor characteristics, heading along 3rd St from Indian School Rd to Roosevelt St, is primed to be a ''signature street that supports a live, work, play, mixed-use district.'' This property is ideal for general office users, medical office users, or special use groups looking to be in an urban redeveloping part of the valley.
Property Details
Property Type
- Other
Est. Annual Taxes
- $10,050
Year Built
- Built in 1956
Lot Details
- 10,525 Sq Ft Lot
- Property is zoned R-5
Home Design
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 1,760 Sq Ft Home
- Wood Flooring
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
Utilities
- Cooling Available
- Heating Available
Community Details
- Monterey Medical Plaza Subdivision
- Operating Expense $10,050
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 118-34-063-B
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 | $10,050 | $77,662 | -- | -- |
| 2024 | $10,003 | $76,275 | -- | -- |
| 2023 | $10,003 | $109,225 | $83,504 | $25,721 |
| 2022 | $10,240 | $85,996 | $61,618 | $24,378 |
| 2021 | $10,712 | $88,020 | $63,378 | $24,642 |
| 2020 | $10,441 | $87,120 | $62,280 | $24,840 |
| 2019 | $9,988 | $84,780 | $60,624 | $24,156 |
| 2018 | $9,657 | $71,028 | $63,540 | $7,488 |
| 2017 | $8,866 | $73,602 | $66,186 | $7,416 |
| 2016 | $8,553 | $66,258 | $60,174 | $6,084 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2025 04/01/25 | For Sale | $600,000 | 0.0% | $341 / Sq Ft |
| 04/01/2025 04/01/25 | Off Market | $600,000 | -- | -- |
| 03/11/2025 03/11/25 | Price Changed | $600,000 | -9.1% | $341 / Sq Ft |
| 12/30/2024 12/30/24 | For Sale | $660,000 | +46.7% | $375 / Sq Ft |
| 02/04/2019 02/04/19 | Sold | $450,000 | -3.2% | $256 / Sq Ft |
| 01/04/2019 01/04/19 | Pending | -- | -- | -- |
| 12/21/2018 12/21/18 | Price Changed | $465,000 | -2.1% | $264 / Sq Ft |
| 11/29/2018 11/29/18 | Price Changed | $475,000 | -4.8% | $270 / Sq Ft |
| 11/13/2018 11/13/18 | For Sale | $499,000 | +107.3% | $284 / Sq Ft |
| 03/21/2015 03/21/15 | Sold | $240,680 | -17.0% | $137 / Sq Ft |
| 02/01/2015 02/01/15 | Pending | -- | -- | -- |
| 09/12/2014 09/12/14 | For Sale | $290,000 | -- | $165 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Professional Escrow Resources | |
| Special Warranty Deed | -- | New Title Company Name | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | $450,000 | Landmark Title Assurance Age | |
| Cash Sale Deed | $310,000 | None Available | |
| Cash Sale Deed | $106,000 | Fidelity National Title | |
| Cash Sale Deed | $170,000 | Grand Canyon Title Agency In |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6798525
APN: 118-34-063B
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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