15 days on rocket

1318 W Monroe St, Phoenix, AZ, 85007

$599,999

Home List Price

$7,125*

Closing Credit

0 Baths
House

Location

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1318 W Monroe St, Phoenix$599,999

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone, Street Parking
Year Built1914
HeatingElectric
CoolingMulti Unit(s), Central Air, Heat Pump, Electric, Wall/Window Unit(s)
MLS #6773547
StatusActive

About 1318 W Monroe St

Amazing opportunity for an investor. 3 dwellings, 2 of which have month to month leases and one with a lease terming soon. The unit shown is the mirror to the other half of the duplex. The third unit is on the back of the property. Easy to rent, awesome historic downtown Phoenix location. Reach out for details on how you can make this wise investment happen for you. Unit 1 has a lease that expires June 30th of 2025. The other two are month to month. (Additional Listing Info) *Monthly Rental income: $4050

Property Details

Property Features

Property Information:

  • Year Built: 1914

Listing Office:

  • Office Name: Jason Mitchell Real Estate
  • Office Phone: (480) 522-1030
  • Listing Agent: Somone Wilder

Interior Features

Interior Information:

  • Flooring Type: Vinyl

Exterior Features

Parking Information:

  • Parking: None, Street Parking

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Multi Unit(s), Central Air, Heat Pump, Electric, Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Franklin Police and Fire High School, Public District Grades 9-12
  • Phoenix Union Bioscience High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Paul Dunbar Lawrence School, Public District Grades PK-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,999

Tax Information:

  • Annual Amount: $1,097
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

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Phoenix, AZ

City

Med. Sold Price

$450.9K

Med. Price/SqFt

$284

Avg. Days On Market

62

# of Sold Homes

1291

1318 W Monroe St vs Phoenix

15 DAYS ON ROCKET

-47 Days

$599,999

+$149K More

KEY TAKEAWAY

This property is $149K more than the Median Sold Price in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6773547

Listing Office:

  • Office Name: Jason Mitchell Real Estate
  • Office Phone: (480) 522-1030
  • Listing Agent: Somone Wilder

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 6:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 20, 2013Home Sold
$181,000
Aug 13, 2010Home Sold
$83,000
Sep 27, 2005Home Sold
$295,000
Mar 03, 2003Home Sold
$165,000
Apr 26, 1999Home Sold
$48,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,097$29,820
2020$1,109$26,670
2019$1,089$23,210
2017$1,064$15,160

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-73955
3
/10

  • Paul Dunbar Lawrence School

  • 707 W Grant St

  • 0.77 miles

  • Public District Grades PK-8

High School

school-card-donut-73956
6
/10

  • Franklin Police and Fire High School

  • 1645 W Mcdowell Rd

  • 1.06 miles

  • Public District Grades 9-12

school-card-donut-73957
10
/10

  • Phoenix Union Bioscience High School

  • 512 E Pierce St

  • 1.40 miles

  • Public District Grades 9-12

school-card-donut-73958
3
/10

  • Central High School

  • 4525 N Central Ave

  • 3.74 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,703. Residents of Phoenix, AZ typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1318 W Monroe St

What is the listing price of this property?

The listing price of 1318 W Monroe St property is $599,999.

What type of property is this?

The property 1318 W Monroe St is a house located in Phoenix, Arizona, 85007.

Is this property for sale now?

Active Listing: 1318 W Monroe St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1318 W Monroe St are:
Paul Dunbar Lawrence School: GreatSchools Rating 3/10
Franklin Police and Fire High School: GreatSchools Rating 6/10
Phoenix Union Bioscience High School: GreatSchools Rating 10/10
Central High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,097 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 20, 2013 for $181,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 1318 W Monroe St is 1914.

Rocket Homes›Arizona›Maricopa County›Phoenix›85007›1318 W Monroe St

This home is located at 1318 W Monroe St in Phoenix, AZ and zip code 85007 in the Central City neighborhood. This home was built in 1914. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $599,999.

Phoenix, AZ housing market in October 2024 saw over 250 listings sold above listed price, more than 344 sold at listed price and over 697 sold below. The number of homes for sale in Phoenix, AZ increased by 7.5% between September 2024 and October 2024. In October 2024 median list price was $450,977 and the average listing age was 62 days.

From Rocket Homes Real Estate and based on county public records data.

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