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3231 Monroe St

Phoenix, AZ 85009

3 bd 2 ba 1,823 sqft Built 1987 Lot 7,111 sqft single_family
Most recent sale
$375,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2025 Listing removed $2,000 ArizonaRegionalMLS
May 31, 2022 Sold $375,000 MLS #6384717
Apr 22, 2022 Price changed $374,999 MLS #6384717
Apr 16, 2022 Listed $375,000 MLS #6384717
Mar 1, 2022 Sold $229,000 Public Record
Feb 16, 2022 Sold $199,900 Public Record
Feb 15, 2022 Sold $175,000 Public Record
Oct 31, 2011 Sold $25,000 ArizonaRegionalMLS
Apr 27, 2011 Listed $33,000 MLS #4575309

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $27,260 $1,646
2024 $27,260 $1,228
2023 $29,870 $1,161
2022 $15,290 $3,820 $19,110 $1,109
2021 $12,280 $3,070 $15,350 $1,348
2020 $11,460 $2,860 $14,320 $1,302
2019 $9,480 $2,370 $11,850 $1,288
2018 $8,620 $2,150 $10,770 $1,262
2017 $4,630 $1,150 $5,780 $471
2016 $4,050 $1,010 $5,060 $478
2015 $3,310 $820 $4,130 $445
2014 $2,620 $650 $3,270 $413
2013 $1,810 $450 $2,260 $322
2012 $1,810 $450 $2,260 $297
2011 $1,990 $490 $2,480 $372
2009 $10,740 $2,680 $13,420 $1,051
2008 $10,280 $2,570 $12,850 $992
2007 $8,040 $2,010 $10,050 $914

Property facts

Year built
1987
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,823 sqft
Lot size
7,111 sqft
ZIP code
85009
City
Phoenix
Street
Monroe St
Coordinates
33.45017, -112.12958

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,826
Gross rental yield
9.04%
Implied cap rate
5.88%
Trend-extrapolated value

Frequently asked questions

When did 3231 Monroe St last sell?
3231 Monroe St most recently sold on May 31, 2022 for $375,000.
What is the current tax assessment for 3231 Monroe St?
The most recent total assessment for 3231 Monroe St (year 2025) is $27,260 with $1,646 in property tax.
How does 3231 Monroe St's assessment compare to its last sale price?
The current assessment is 92.7% below the last sale price of $375,000.
When was 3231 Monroe St built?
3231 Monroe St was built in 1987.
How does 3231 Monroe St compare to others on Monroe St?
We track 8 other properties on Monroe St. Browse the list under "Other properties on Monroe St" to compare beds, baths, and sale history.
What are the property facts for 3231 Monroe St?
3231 Monroe St is a 3 bed, 2 bath, 1,823 sqft, 7,111 sqft lot single_family.
Is 3231 Monroe St a flip candidate?
Yes — 3231 Monroe St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3231 Monroe St a tax-appeal candidate?
No — 3231 Monroe St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-5.3%
Implied 1-yr
-21.1%
2026 Q3
$243.8K
2026 Q4
$243.8K
ZIP 85009 — Median Price History + Forecast

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