502 Monte Way
Phoenix, AZ 85041
2 bd 1 ba 1,284 sqft Built 1950 Lot 7,919 sqft single_family
Most recent sale
$281,400
Aug 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 1, 2022 | Sold | $281,400 | MLS #6332544 |
| Jun 3, 2022 | Price changed | $299,000 | MLS #6332544 |
| May 20, 2022 | Price changed | $317,000 | MLS #6332544 |
| May 5, 2022 | Price changed | $325,000 | MLS #6332544 |
| Apr 21, 2022 | Price changed | $335,000 | MLS #6332544 |
| Mar 17, 2022 | Price changed | $341,000 | MLS #6332544 |
| Jan 20, 2022 | Price changed | $345,000 | MLS #6332544 |
| Dec 16, 2021 | Listed | $350,000 | MLS #6332544 |
| Aug 12, 2021 | Sold | $304,900 | Public Record |
| Nov 12, 2020 | Sold | $123,950 | Public Record |
| Aug 12, 2013 | Sold | $60,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $25,360 | $587 |
| 2024 | — | — | $25,360 | $572 |
| 2023 | — | — | $26,760 | $555 |
| 2022 | $11,890 | $2,970 | $14,860 | $607 |
| 2021 | $10,640 | $2,660 | $13,300 | $620 |
| 2020 | $9,200 | $2,300 | $11,500 | $553 |
| 2019 | $6,980 | $1,740 | $8,720 | $534 |
| 2018 | $6,220 | $1,550 | $7,770 | $519 |
| 2017 | $4,960 | $1,240 | $6,200 | $484 |
| 2016 | $4,110 | $1,020 | $5,130 | $459 |
| 2015 | $3,410 | $850 | $4,260 | $426 |
| 2014 | $2,340 | $580 | $2,920 | $418 |
| 2013 | $1,850 | $460 | $2,310 | $315 |
| 2012 | $1,850 | $460 | $2,310 | $373 |
| 2011 | $2,260 | $560 | $2,820 | $615 |
| 2009 | $9,860 | $2,460 | $12,320 | $1,091 |
| 2008 | $11,080 | $2,770 | $13,850 | $912 |
| 2007 | $8,440 | $2,110 | $10,550 | $771 |
Property facts
Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,284 sqft
Lot size
7,919 sqft
ZIP code
85041
City
Phoenix
Street
Monte Way
Coordinates
33.36072, -112.08121
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,990
Gross rental yield
8.49%
Implied cap rate
5.52%
Trend-extrapolated value
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Frequently asked questions
When did 502 Monte Way last sell?
502 Monte Way most recently sold on Aug 1, 2022 for $281,400.
What is the current tax assessment for 502 Monte Way?
The most recent total assessment for 502 Monte Way (year 2025) is $25,360 with $587 in property tax.
How does 502 Monte Way's assessment compare to its last sale price?
The current assessment is 91.0% below the last sale price of $281,400.
When was 502 Monte Way built?
502 Monte Way was built in 1950.
How does 502 Monte Way compare to others on Monte Way?
We track 8 other properties on Monte Way. Browse the list under "Other properties on Monte Way" to compare beds, baths, and sale history.
What are the property facts for 502 Monte Way?
502 Monte Way is a 2 bed, 1 bath, 1,284 sqft, 7,919 sqft lot single_family.
Is 502 Monte Way a flip candidate?
Yes — 502 Monte Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 502 Monte Way a tax-appeal candidate?
No — 502 Monte Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.5%
2026 Q3
$469.9K
2026 Q4
$468.1K
ZIP 85041 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Monte Way