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For sale
    • $325,000

    721 E MONTEBELLO Avenue #225, Phoenix, AZ 85014

    2beds
    900sqft
    : 
    $2,357/mo
    Get pre-qualified
    Condominium
    Built in 1971
    -- sqft lot
    $-- Zestimate®
    $361/sqft
    $378/mo HOA

    What's special

    Updated kitchenBeautifully updated end-unit condoModern move-in-ready feelThoughtful finishes throughoutIn-unit laundry
    Welcome to this beautifully updated end-unit condo in the heart of Phoenix! Featuring updated kitchen and bathrooms, this home offers a modern, move-in-ready feel with thoughtful finishes throughout. Enjoy the convenience of in-unit laundry, a highly desirable feature that adds everyday ease. Currently operating as a successful Airbnb, this unit is frequently rented and presents an opportunity for investors seeking income potential, or for an owner-occupant looking for a low-maintenance home in a prime location. The end-unit location provides added privacy and natural light. Conveniently located near dining, shopping, and freeway access, this property combines comfort, functionality, and income potential all in one.
    205 days
    |
    102
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jacquelyn Prom 949-274-2884,

    Realty ONE Group

    Source: ARMLS,MLS#: 6959306MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Washer/Dryer Stacked, Dryer, Washer, Refrigerator, Dishwasher, Disposal, Electric Range, Electric Oven
      • Laundry: Inside
      Features
      • Quartz Countertops, High Speed Internet, Eat-in Kitchen, Breakfast Bar
      • Flooring: Tile
      • Windows: Screens
      • Has basement: No
      • Has fireplace: No
      • Common walls with other units/homes: Neighbor Below,End Unit
      Interior area
      • Total structure area: 900
      • Total interior livable area: 900 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Assigned
      • Carport spaces: 1
      • Uncovered spaces: 1
      Features
      • Stories: 2
      • Patio & porch: Patio
      • Exterior features: Built-in Barbecue
      • Spa features: None
      • Fencing: None
      • Has view: Yes
      • View description: City Lights
      Lot
      • Size: 541 Square Feet
      • Features: None
      Details
      • Parcel number: 16207153
      • Special conditions: Owner/Agent

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Painted, Block
      • Foundation: Block
      • Roof: Composition
      Condition
      • Year built: 1971

      Utilities & green energy

      • Electric: 220 Volts in Kitchen
      • Sewer: Public Sewer
      • Water: City Water
      Green energy
      • Water conservation: Recirculation Pump

      Community & HOA

      Community
      • Features: Pool, Near Bus Stop, Historic District, Community Laundry
      • Subdivision: MONTEBELLO GARDENS
      HOA
      • Has HOA: Yes
      • Services included: Pest Control, Maintenance Grounds, Trash
      • HOA fee: $378 monthly
      • HOA name: Montebello Gardens
      • HOA phone: 480-567-9791
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $361/sqft
      • Tax assessed value: $212,200
      • Annual tax amount: $649
      • Date on market: 1/2/2026
      • Cumulative days on market: 206 days
      • Listing terms: Cash,Conventional
      • Ownership: Condominium
      • Electric utility on property: Yes
      • Road surface type: Concrete

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/14/2026Listed for rent$2,200$2/sqft
        Source: ARMLS #6977884 Report a problem
        5/13/2026Listing removed$2,200$2/sqft
        Source: Zillow Rentals Report a problem
        2/1/2026Listed for rent$2,200$2/sqft
        Source: ARMLS #6977884 Report a problem
        1/27/2026Listing removed$2,200$2/sqft
        Source: Zillow Rentals Report a problem
        1/2/2026Listed for sale$325,000-6.9%$361/sqft
        Source: ARMLS #6959306 Report a problem
        10/31/2025Listed for rent$2,200$2/sqft
        Source: Zillow Rentals Report a problem
        10/16/2025Listing removed$2,200$2/sqft
        Source: Zillow Rentals Report a problem
        7/17/2025Listed for rent$2,200$2/sqft
        Source: Zillow Rentals Report a problem
        6/26/2025Listing removed$2,200$2/sqft
        Source: Zillow Rentals Report a problem
        6/14/2025Listed for rent$2,200$2/sqft
        Source: Zillow Rentals Report a problem
        5/28/2025Listing removed$2,200$2/sqft
        Source: Zillow Rentals Report a problem
        5/16/2025Listed for rent$2,200$2/sqft
        Source: Zillow Rentals Report a problem
        4/30/2025Listing removed$2,200$2/sqft
        Source: Zillow Rentals Report a problem
        4/16/2025Listed for rent$2,200$2/sqft
        Source: Zillow Rentals Report a problem
        4/16/2025Listing removed$2,200$2/sqft
        Source: Zillow Rentals Report a problem
        1/9/2025Listed for rent$2,200$2/sqft
        Source: Zillow Rentals Report a problem
        12/9/2024Listing removed$2,200$2/sqft
        Source: Zillow Rentals Report a problem
        10/1/2024Price change$2,200-12%$2/sqft
        Source: Zillow Rentals Report a problem
        9/9/2024Listed for rent$2,500$3/sqft
        Source: Zillow Rentals Report a problem
        1/23/2024Listing removed$349,000+46%$388/sqft
        Source: ARMLS #6440278 Report a problem
        1/31/2023Sold$239,000-30.7%$266/sqft
        Source: ARMLS #6481766 Report a problem
        1/5/2023Pending sale$345,000$383/sqft
        Source: ARMLS #6481766 Report a problem
        10/26/2022Listed for sale$345,000+104.1%$383/sqft
        Source: ARMLS #6481766 Report a problem
        10/26/2022Listing removed--
        Source: ARMLS #6440278 Report a problem
        4/5/2021Sold$169,000+382.9%$188/sqft
        Source: ARMLS #6202528 Report a problem
        4/19/2000Sold$35,000$39/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$649 +4.9%$21,220 -7.2%
        2024$619 +2.7%$22,870 +405.7%
        2023$603 +17.9%$4,522 -67.6%
        2022$511 -12%$13,960 +10.4%
        2021$581 +2.3%$12,650 +30%
        2020$568 +2.5%$9,730 +12.4%
        2019$554 $8,660 +15.8%
        2018$554 +4.9%$7,480 +19.3%
        2017$528 +27%$6,270 +6.3%
        2016$416 +8.8%$5,900 +26.1%
        2015$382 $4,680 +59.7%
        2014-- $2,930 +10.6%
        2013-- $2,650
        2012-- $2,650 -15.9%
        2011-- $3,150 -63.6%
        2010-- $8,650 -4.4%
        2009-- $9,050 -36.9%
        2008-- $14,350 +96.6%
        2007-- $7,300 +49%
        2006-- $4,900
        2005-- $4,900 +2.1%
        2004-- $4,800
        2003-- $4,800 +29.7%
        2002-- $3,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Camelback East

        Getting around

        71 / 100
        Very Walkable
        46 / 100
        Some Transit
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Madison Rose Lane School
        • Middle: Madison #1 Elementary School
        • High: Central High School
        • District: Madison Elementary District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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