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Sold on 07/18/2014

3728 E Monterosa St, Phoenix, AZ 85018

$1,064,800

Last sold 07/18/2014 after 77 Days

  • 16

    bed

  • 8

    bath

Multi-family not for sale
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About 3728 E Monterosa St

Property type Multi-family
Neighborhood
Year built 1964
HOA fee $0/month
Property description
MODE Arcadia Apartments is an 8-unit, garden-style multifamily community located in the sought after Arcadia neighborhood of Phoenix, near the Arizona Biltmore, Biltmore Fashion Park and Camelback Corridor. Built in 1964 and renovated in 2014, MODE Arcadia Apartments is comprised of 8 two-bedroom units averaging 844 square feet. The buildings are constructed of block with flat roofs. Amenities include in-suite washer & dryer, grilling station, bocci ball court, pool, desert landscaping and covered parking. The property is individually metered for electricity and master metered for water. The property owner is responsible for the cost of water, sewer, and trash pickup, and the residents are responsible for the cost of electricity in their units, including the cost of heating and A/C.
Listed by
Listing Agent - Natan Jacobs
Listing Office - Vestis Group
Source: ARMLS mls logo
MLS#5109803 • last updated 5 months ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Electric, Individual
Heating Electric
MLS # 5109803
Type Multiple Dwellings
Status Closed
Property Tax 3403.5
Year Built 1964
Interior
Flooring Stone, Concrete
Appliances Free-Standing Range, Trash Compactor, Dishwasher, Refrigerator, Washer/Dryer
Exterior
Roof Built-Up, Foam
Construction Painted, Stucco, Block, Brick
Parking Free, Assigned, Add'l Parking Avail, 1 Space/Unit, On Street, Carport
# of Covered Spaces 8
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Sewer-In & Connected, Public Sewer
Location
Subdivision Pasadena Tract
Community Features Barbecue, Shuffle Brd/Lawn Bwl, Pool
Elementary School District Creighton Elementary District
High School District Phoenix Union High School District
APN 170-31-012-C
Zoning R-3/R-4 Phoenix
Directions From Camelback Road And 40th St, Head South To Campbell Avenue. Head West On Campbell Ave To 38th St. Head South On 38th St To Monterosa St. Head West On Monterosa St To Property.
Multifamily Details
Total # of Units 8
Expense: Operating 30317
Financial Data Source Owner, Projected Proforma
Vacancy Allowance 0.05
Net Operating Income 77267
Gross Income 107183.75
Expense: Other 26913.5
Gross Scheduled Income 107184
Lot/ Land Details
Road Surface Asphalt
We are not permitted to show value estimates for this property.
  • Jul 2014
    mls logo MLS # 5109803
  • Jul 18, 2014 Sold
    $1,064,800 (-0.9%)
  • May 2, 2014 Listed
    $1,075,000
  • Year Property taxes Tax assessment
  • 2024
    $5,965 +1.2%
    $173,260 -16.18%
  • 2023
    $5,896 +4.1%
    $206,710 +54.05%
  • 2022
    $5,665 -2.4%
    $134,180 +32.94%
  • 2021
    $5,803 +2.5%
    $100,930 +11.92%
  • 2020
    $5,662 +0.7%
    $90,180 +13.29%
  • 2019
    $5,622 +2.1%
    $79,600 +10.14%
  • 2018
    $5,506 +4.0%
    $72,270 +14.75%
  • 2017
    $5,293 +4.0%
    $62,980 +7.82%
  • 2016
    $5,089 +7.5%
    $58,410
  • 2015
    $4,734
    —
  • 3728 E Monterosa St
    $1.06M
  • Arcadia Lite
    —
  • 85018
    $1.1M -21% y/y
  • Phoenix
    $469K 0% y/y
No chart available
Statistics calculated by Movoto

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5/10
Biltmore Preparatory Academy
public Grades K-8
Creighton Elementary District
2/10
Camelback High School
public Grades 9-12
Phoenix Union High School District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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