1 month on rocket

740 W Elm St Unit 126, Phoenix, AZ, 85013

$250,000

Home List Price

$2,969*

Closing Credit

2 Bedrooms
2 Baths
929 SqFt
$269/SqFt
Multi

Location

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740 W Elm St Unit 126, Phoenix$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAssigned
Year Built1984
HeatingElectric
FireplaceNone
MLS #6788531
Lot Size0.02 Acres
StatusActive

About 740 W Elm St Unit 126

Welcome home to this stylish and comfortable ground-floor condo in the heart of wonderfully eclectic Melrose District! This unit comes with everything! 2 bedrooms, 2 baths, professionally repainted & cleaned top to bottom, brand new range, refrigerator, stacked washer/dryer and kitchen faucet to match the newer dishwasher, microwave, bath remodel, and granite counters. New blackout shades in the bedrooms assure a good night's sleep and the wood-look plank tile flooring is easy to maintain and allergy-free. Dog and cat friendly! Gas grills galore! You're steps away from the light rail station and all the amazing shopping, dining, and unmatched entertainment of Melrose District. Fry's Food, LA Fitness, I-17, and I-10 are minutes away. Best value in Mid-town Phoenix!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1984
  • Stories: 2
  • Living Area: 929 SqFt

Listing Office:

  • Office Name: Realty ONE Group
  • Office Phone: (480) 315-1240
  • Listing Agent: Matthew Hoedt

Interior Features

Interior Information:

  • Flooring Type: Tile
  • Interior: No Interior Steps, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Covered Patio(s), Private Street(s), Storage

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot: Desert Front
  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Electric

Other

Directions Information:

  • Directions: South on 7th Ave to Elm Street, turn right on Elm to gate keypad at end of street, turn right through gate. Park in assigned space #49 or any uncovered space. Unit is at end of complex in building 8.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $269/SqFt

HOA Fees:

  • Amount: $330
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $692
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$452.8K

Med. Price/SqFt

$285

Avg. Days On Market

66

# of Sold Homes

1212

740 W Elm St Unit 126 vs Phoenix

39 DAYS ON ROCKET

-27 Days

$250,000

-$202.8K Less

$269/SqFt

-$16 Less

KEY TAKEAWAY

This property is $202.8K less than the Median Sold Price and $16/SqFt less than other homes 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: #6788531

Listing Office:

  • Office Name: Realty ONE Group
  • Office Phone: (480) 315-1240
  • Listing Agent: Matthew Hoedt

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© 2025 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: 1/4/2025, 11:55:59 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 01, 2020Home Sold
$174,500
Apr 24, 2018Home Sold
$132,500
Aug 11, 2016Home Sold
$101,450
Sep 20, 2007Home Sold
$147,306

Tax History

YEARPROP. TAXASSESSMENT
2021$692$11,670
2020$597$11,070
2019$549$9,630
2017$573$7,060

History based on county public records data.

Payment Calculator

$1,645

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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.

Nearby Schools

school-card-donut-419926
6
/10
  • Midtown Primary School

  • 4735 N 19th Ave

  • 0.84 miles

  • Public Charter Grades KG-5

school-card-donut-419927
2
/10
  • Solano Elementary School

  • 1526 W Missouri Ave

  • 0.94 miles

  • Public District Grades KG-6

school-card-donut-419928
2
/10
  • Imagine Camelback Elementary School

  • 5050 N 19th Ave

  • 0.95 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,723. Most Phoenix, AZ residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket Homes›Arizona›Maricopa County›Phoenix›85013›740 W Elm St Unit 126

This home is located at 740 W Elm St Unit 126 in Phoenix, AZ and zip code 85013 in the Alhambra neighborhood. This 929 square foot home, which was built in 1984, sits on a 0.02 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $250,000.

In December 2024 more than 199 listings in Phoenix, AZ were sold above the asking price. During the same period more than 292 listings were sold at asking price, while more than 721 were sold below. The number of homes for sale in Phoenix, AZ decreased by 4.2% between November 2024 and December 2024. While the average time on the market in December 2024 was 66 days, the median list price was $452,845.

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

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