Montecito is a 4-unit apartment community located in the Midtown Phoenix Submarket. Built in 1955, the asset has been extensively renovated over the past few years and features (3) 2+1 units and (1) 1+1 unit . Current ownership has successfully run short-term rentals on 3 of the 4 units through Air BnB. New ownership will have the opportunity to take over the 3 units furnished and continue the current operation or run as a traditional apartment building. Significant capital is being invested in the immediate area with the addition of Fate Brewery and several new townhome developments around the corner. The property also sits in close proximity to Carl T Hayden VA Hospital, Brophy & Xavier Prep Schools, and provides easy access to Midtown & Downtown Phoenix.
CONTACT AGENT FOR COPY OF OM
Sold for $1,000,000
Zillow last checked:
Listing updated:
Bought with:
Blanca Guerrero, SA708919000
HomeSmart
Source: ARMLS,MLS#: 6714468
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2024 | Sold | $1,000,000-2.4%$367/sqft |
Source:  ARMLS #6714468 Report a problem | ||
| 12/18/2024 | Pending sale | $1,025,000$376/sqft |
Source: ARMLS #6714468 Report a problem | ||
| 9/28/2024 | Price change | $1,025,000-6.8%$376/sqft |
Source: ARMLS #6714468 Report a problem | ||
| 6/4/2024 | Listed for sale | $1,100,000+39.4%$404/sqft |
Source: ARMLS #6714468 Report a problem | ||
| 9/9/2019 | Listing removed | $789,000$290/sqft |
Source: Realty Executives #5970604 Report a problem | ||
| 8/28/2019 | Listed for sale | $789,000+243%$290/sqft |
Source: Realty Executives #5970604 Report a problem | ||
| 7/5/2018 | Sold | $230,000+63.8%$84/sqft |
Source: Public Record Report a problem | ||
| 7/31/2012 | Sold | $140,414+4%$52/sqft |
Source: Public Record Report a problem | ||
| 11/19/2009 | Sold | $135,000+45.4%$50/sqft |
Source: Public Record Report a problem | ||
| 9/4/2009 | Sold | $92,826-67.4%$34/sqft |
Source: Public Record Report a problem | ||
| 5/16/2008 | Listing removed | $285,000$105/sqft |
Source: Keller Williams Realty #2709322 Report a problem | ||
| 3/9/2008 | Listed for sale | $285,000+21.3%$105/sqft |
Source: Keller Williams Realty #2709322 Report a problem | ||
| 8/28/2007 | Sold | $235,000+25.7%$86/sqft |
Source: ARMLS #2709322 Report a problem | ||
| 8/3/2004 | Sold | $187,000+27.2%$69/sqft |
Source: Public Record Report a problem | ||
| 8/30/2000 | Sold | $147,000$54/sqft |
Source: Public Record Report a problem | ||
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Estimated market value
$930,600
