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Sold on 05/15/2018
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2602 E Monte Cristo Ave, Phoenix, AZ 85032

$200,000

Last sold 05/15/2018 after 40 Days

  • 6

    bed

  • 3

    bath

Multi-family not for sale
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About 2602 E Monte Cristo Ave

Property type Multi-family
Neighborhood
Year built 1962
HOA fee $0/month
Rental estimate
Property description
Great investment property: Hello CASH FLOW!!!! 1905.00 a month! Each unit is 2 bedroom and 1 bath. All units are filled and professionally managed for $1200.00 A year. All 3 units are rented to tenants, property mgmt. is a separate company. Approx 10 months left on each lease at $635.00 Steal this deal!
Listed by
Listing Agent - Kristine Devine
Listing Office - Realty ONE Group
Source: ARMLS mls logo
MLS#5747312 • last updated 1 year ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Window/Wall Unit, Individual
Heating Window/Wall Unit(s), Electric
MLS # 5747312
Type Multiple Dwellings
Status Closed
Property Tax 556
Year Built 1962
Interior
Flooring Carpet, Ceramic Tile
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Composition
Construction Painted, Block
Parking 1 Space/Unit
# of Open Parking Spaces 5
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision JOLLY ACRES
Community Features No Pool
Elementary School Palomino Primary School
Elementary School District Paradise Valley Unified District
Middle School Greenway Middle School
High School District Paradise Valley Unified District
High School Paradise Valley High School
APN 214-40-041
Zoning M-M
Multifamily Details
Total # of Units 3
Expense: Operating 4729
Financial Data Source Other (See Remarks)
Expense: Maintenance 400
Vacancy Allowance 0.1
Expense: Insurance 691
Net Operating Income 16205
Gross Income 20934
Expense: Trash 816
Expense: Professional Management 1200
Expense: Water/Sewer 816
Gross Scheduled Income 22860
Expense: Gardener 250
We are not permitted to show value estimates for this property.
  • May 2018
    Public Records
  • May 18, 2018 Sold
    $196,500 (-1.8%)
  • May 2018
    mls logo MLS # 5747312
  • May 14, 2018 Sold
    $200,000 (+94.2%)
  • May 2014
    mls logo MLS # 5095426
  • May 15, 2014 Sold
    $103,000 (+58.5%)
  • Jul 2009
    Public Records
  • Jul 31, 2009 Sold
    $65,000 (-69.0%)
  • Apr 2005
    Public Records
  • Apr 19, 2005 Sold
    $210,000 (+16.7%)
  • Nov 2004
    Public Records
  • Nov 30, 2004 Sold
    $180,000 (+20.0%)
  • Nov 2002
    Public Records
  • Nov 27, 2002 Sold
    $150,000
  • Year Property taxes Tax assessment
  • 2024
    $635 +2.1%
    $33,120 -14.22%
  • 2023
    $622 +1.0%
    $38,610 +40.25%
  • 2022
    $616 -0.3%
    $27,530 +22.63%
  • 2021
    $618 +3.2%
    $22,450 +21.68%
  • 2020
    $599 -0.1%
    $18,450 +14.03%
  • 2019
    $599 +3.4%
    $16,180 +23.89%
  • 2018
    $580 +4.3%
    $13,060 +15.58%
  • 2017
    $556 +1.7%
    $11,300 +8.97%
  • 2016
    $546 +8.0%
    $10,370
  • 2015
    $506
    —
  • 2602 E Monte Cristo Ave
    $200K
  • Paradise Valley Village
    $637K -1% y/y
  • 85032
    $451K +4% y/y
  • Phoenix
    $464K 0% y/y
No chart available
Statistics calculated by Movoto

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2/10
Palomino Primary School
public Grades PK, K-3
Paradise Valley Unified District
2/10
Palomino Intermediate School
public Grades 4-6
Paradise Valley Unified District
2/10
Greenway Middle School
public Grades 7-8
Paradise Valley Unified District
4/10
North Canyon High School
public Grades 8-12
Paradise Valley Unified District
Source: GreatSchools.org © 2026. All rights reserved.

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