2 months on rocket

2440 E Monroe St, Phoenix, AZ, 85034

$864,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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2440 E Monroe St, Phoenix$864,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Parking1 Space/Unit
Year Built1940
HeatingElectric
CoolingMulti Unit(s), Central Air
MLS #6668697
StatusActive

About 2440 E Monroe St

Fantastic location within walking distance to the light rail, close to the airport and downtown Phoenix. Exterior freshly painted, new roofs, laundry in 4 of the 5 units, 2 of the a/c units are new and brand new tankless hot water heaters. Each of the units have had improvements upon vacancy such as: tiled flooring, tiled showers, backsplash and interior paint. Property is individually metered for electric. Lots of investor development in this area!

Property Details

Property Features

Property Information:

  • Year Built: 1940

Listing Office:

  • Office Name: Open House Realty
  • Office Phone: (623) 299-4954
  • Listing Agent: Emily Weaver PLLC

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile, Vinyl

Exterior Features

Parking Information:

  • Parking: 1 Space/Unit

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Multi Unit(s), Central Air

School Info

Assigned Schools Information:

  • Phoenix Union Bioscience High School, Public District Grades 9-12
  • Camelback High School, Public District Grades 9-12
  • Franklin Police and Fire High School, Public District Grades 9-12
  • Wilson Elementary School, Public District Grades 4-8
  • Wilson Primary School, Public District Grades KG-3

Other

Directions Information:

  • Directions: East on Van Buren St, South on 24th St, West on Monroe St, subject property on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $864,000

Tax Information:

  • Annual Amount: $2,059
  • 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

$440K

Med. Price/SqFt

$281

Avg. Days On Market

54

# of Sold Homes

1488

2440 E Monroe St vs Phoenix

62 DAYS ON ROCKET

+8 Days

$864,000

+$423.9K More

KEY TAKEAWAY

This property is $423.9K 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: #6668697

Listing Office:

  • Office Name: Open House Realty
  • Office Phone: (623) 299-4954
  • Listing Agent: Emily Weaver PLLC

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: 4/28/2024, 12:55:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 18, 2014Home Sold
$55,200
Feb 15, 2006Home Sold
$200,000
Jul 21, 1994Home Sold
$40,933

Tax History

YEARPROP. TAXASSESSMENT
2021$2,059$20,280
2020$2,049$16,150
2019$2,016$13,650
2017$1,875$11,460

History based on county public records data.

Payment Calculator

$4,380

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,657

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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.

Elementary School

school-card-donut-1955229
2
/10

  • Wilson Primary School

  • 415 N 30th St

  • 0.66 miles

  • Public District Grades KG-3

Middle School

school-card-donut-1955230
4
/10

  • Wilson Elementary School

  • 2929 E Fillmore St

  • 0.66 miles

  • Public District Grades 4-8

High School

school-card-donut-1955231
9
/10

  • Phoenix Union Bioscience High School

  • 512 E Pierce St

  • 2.26 miles

  • Public District Grades 9-12

school-card-donut-1955232
3
/10

  • Camelback High School

  • 4612 N 28th St

  • 3.73 miles

  • Public District Grades 9-12

school-card-donut-1955233
8
/10

  • Franklin Police and Fire High School

  • 1645 W Mcdowell Rd

  • 3.98 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 $20,481. Typical income of Phoenix, AZ residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2440 E Monroe St

What is the listing price of this property?

The listing price of 2440 E Monroe St property is $864,000.

What type of property is this?

The property 2440 E Monroe St is a house located in Phoenix, Arizona, 85034.

Is this property for sale now?

Active Listing: 2440 E 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 2440 E Monroe St are:
Wilson Primary School: GreatSchools Rating 2/10
Wilson Elementary School: GreatSchools Rating 4/10
Phoenix Union Bioscience High School: GreatSchools Rating 9/10
Camelback High School: GreatSchools Rating 3/10
Franklin Police and Fire High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,059 (source: MLS/based on county public records data).

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

The last sale was on April 18, 2014 for $55,200. (source: MLS/tax record).

Which year was this property built?

The year of construction for 2440 E Monroe St is 1940.

Rocket Homes›Arizona›Maricopa County›Phoenix›85034›2440 E Monroe St

This home is located at 2440 E Monroe St in Phoenix, AZ and zip code 85034 in the Central City neighborhood. This home was built in 1940. It has been listed on Rocket Homes since February 25, 2024 and is currently priced at $864,000.

In March 2024 more than 282 listings in Phoenix, AZ were sold above the asking price. During the same period more than 418 listings were sold at asking price, while more than 788 were sold below. The number of listings in Phoenix, AZ increased by 7.8% between February 2024 and March 2024. Listings spent 54 days on the market in March 2024, and had a median list price of $440,050 during the same period.

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

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