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Phoenix 85027 Rose Garden Place
2234 W MONONA Drive
Photo of 2234 W MONONA Drive
Sold on Jan 19, 2021

33

Map

Photo of 2234 W MONONA Drive
Photo of 2234 W MONONA Drive
$270,000
● House - Off Market

2234 W MONONA Drive

Phoenix, AZ 85027
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,092 Ft²
$341,255
RealtyHop Estimate
36.50%
Since Feb 1, 2021
AZ-Phoenix
Primary Model

About This Property

Remodeled 2 bedroom, Den, 2 bath home in fantastic Phoenix location near I-17 & Loop 101 with no HOA! Amazing walk-in master shower. NEW vinyl plank flooring throughout. Refrigerator included. Newer water heater and disposal. The small yard is low maintenance and allows you to focus on what is important to you! 2-car garage. *Easy to convert den to 3rd bedroom as den already has a walk-in closet!
Unit Size
1,092 Ft²
Days on Market
45 days
Land Size
0.08 acres
Price per sqft
$229
Property Type
House
Property Taxes
$66
HOA Dues
-
Year Built
1983

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (ARMLS #6167574)

Price History

Date / Event Date Event Price
Jun 17, 2024 Sold
Premium
Sold
May 15, 2024 Listed by My Home Group Real Estate $349,900
Listed by My Home Group Real Estate
This charming abode features 2 bedrooms, 2 baths, plus a den and family room bathed in abundant natural light, accentuated by vaulted ceilings that create an airy ambiance. With solar panels ensuring energy efficiency and no HOA fees to worry about, sustainability meets savings seamlessly. Recent upgrades including a new roof in 2021, freshly painted exterior in 2024, and a brand-new hot water heater installed the same year to offer peace of mind and longevity. Step outside to a covered patio overlooking a low-maintenance yard. Situated near the junction of I-17 and Loop 101, this prime location provides effortless access to the best of Phoenix's amenities and attractions.
Jan 19, 2021 Sold
Premium
Sold
Dec 4, 2020 Listed by AZ Brokerage Holdings, LLC $250,000
Listed by AZ Brokerage Holdings, LLC
Jan 15, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,696
  • Total Building Area: 1,092
  • Gross Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROSE GARDEN PLACE UNIT 3
  • Land Acres: 0000000085
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: ROSE GARDEN PLACE UNIT 3 MCR 244-50

Neighborhood

  • School District Name: Deer Valley Unified District
  • Census Tract: 614700

Zoning

  • Zoning: M-L

Geography

  • Assessors Map Reference: 24450
  • Parcel: 209-18-271
  • Lot: 413
  • Meridian: SEC 24 TWN 4N RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.6749
  • Longitude: -112.107

    Address

  • Full Address: 2234 W Monona Dr
  • Legal Unit: 3
  • Address - House Number: 2234
  • Street Direction: W
  • Address - Street Name: Monona
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C052
  • 4-Digit Zip Code: 3436
  • Zip Code: 85027

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $79,760
  • Tax Rate Code Area: 971300

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 351,568
  • High Value: 406,410
  • Low Value: 296,726

    Market Valuation

  • Market Total Value: $227,200
  • Market Land Value: $45,400
  • Market Improvement Value: $181,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,720
  • Assessed Land Value: $4,540
  • Assessed Improvements Value: $18,180

    Sales

  • Current Sale Contract Date: Dec 11, 2020
  • Current Sale Recording Date: Jan 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210060017
  • Previous Sale Recording Date: Jan 15, 2015
  • Previous Sale Contract Date: Jan 07, 2015
  • Previous Sale Amount: $133,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Deer Valley

Stats & Trends

Median Asking:

$435,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1908 ft²

Average Home Age

33.5 years

Currently For Sale

519 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 20350 N 7th Avenue, Phoenix, AZ, 85027

$1,688 /mo

  • 2 Beds
  • 2 Baths
  • 1,081 ft²
20350 N 7th Avenue #2, Phoenix, AZ, 85027 Listing by Heather Troost
Unit for rent at 501 W Yukon Drive, Phoenix, AZ, 85027

$1,695 /mo

  • 2 Beds
  • 2 Baths
  • 994 ft²
501 W Yukon Drive #4, Phoenix, AZ, 85027 Listing by Susan Lutfi
Unit for rent at 2650 W Union Hills Drive, Phoenix, AZ, 85027

$1,700 /mo

  • 2 Beds
  • 2 Baths
  • 960 ft²
2650 W Union Hills Drive #112, Phoenix, AZ, 85027 Listing by George Ponce

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Lisa K Jones, AZ Brokerage Holdings, LLC
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 6167574
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 2234 West Monona Drive built and last sold?
The property at 2234 West Monona Drive was built in 1983 and last sold on Dec 11, 2020 for $270,000.
How much is this home worth?
The estimated value of the home located at 2234 West Monona Drive is $343,555.
What are some comparable homes to 2234 West Monona Drive?
There are currently no comparable homes to 2234 West Monona Drive.
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