tomo logo

$598,500

Beds
4
Baths
3.0
sq ft
2,038

1214 East Monroe Street, Phoenix, AZ 85034

1214 East Monroe Street

Phoenix, AZ 85034

  • <1 day on market
    • Open house Apr 06
Experience the best of urban living in this recently updated 4-bedroom, 3-bathroom home, perfectly situated in booming downtown Phoenix! Designed for comfort and style, this rare find boasts a spacious split-bedroom floor plan with 2 ensuites, a great room, formal dining area, open kitchen concept with SS appliances and much more! The secondary master suite is a private retreat, offering a walk-in closet, double sink vanity and walk in shower. Step outside to a low maintenance oasis that includes pavers, pergola, lush turf grass and an abundance of space. Energy-efficient dual-pane windows and modern upgrades complete this home, making it a rare downtown gem. Convenience is key—just two blocks from the light rail, offering seamless access to Phoenix Sky Harbor Airport top-tier sports and entertainment venues, renowned restaurants, and vibrant theaters.

Details

Property type

Single Family Residence

Est. home value

$560,864

Lot size

8,159 sq ft

Price per sq ft

$294

Year built

1994

Annual property taxes

$1,897

HOA

No

Price History

04/02/2025
ArizonaRegional

ArizonaRegional #6844775

Listed
$598,500
+5.93%
04/19/2024
ArizonaRegional

ArizonaRegional #6676156

Sold
$565,000
-0.79%
04/02/2024
ArizonaRegional

ArizonaRegional #6676156

Pending
$569,500

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Garfield School

Middle school: 

Garfield School

High school: 

North High School

Community features: 

Sidewalks

High school district: 

Phoenix Union High School District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$228,581
Asking price
$598,500
Closing costs (~8% of asking)
-$47,880
Est. remaining loan balance
-$322,039
Cash to seller
$228,581

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Zillow Home Loans Llc

Loan start date

March 2021

Original loan amount

$353,970

Est. remaining balance

$322,039

Interest rate

2.79%

Loan type

New Conventional, 30 year

Seller

Elizabeth Clements

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/03/2025 at 9:15 AM

Listing updated: 04/02/2025 at 5:36 PM

Listed by: Lizbeth Vazquez, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6844775

ArizonaRegional logo

Recently listed in Phoenix