7131 Monterey Way
Phoenix, AZ 85033
3 bd 3 ba 2,114 sqft Built 2004 Lot 8,250 sqft single_family
Most recent sale
$450,000
Apr 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 28, 2022 | Sold | $450,000 | MLS #6372088 |
| Apr 21, 2022 | Price changed | $439,900 | MLS #6372088 |
| Apr 7, 2022 | Price changed | $460,000 | MLS #6372088 |
| Mar 25, 2022 | Listed | $439,900 | MLS #6372088 |
| Mar 29, 2018 | Listing removed | $224,000 | ArizonaRegionalMLS |
| Mar 16, 2018 | Listed | $225,000 | MLS #5738046 |
| Feb 7, 2011 | Listing removed | $94,900 | ArizonaRegionalMLS |
| Feb 2, 2011 | Relisted | $94,900 | MLS #4504143 |
| Dec 22, 2010 | Listing removed | $94,900 | ArizonaRegionalMLS |
| Dec 7, 2010 | Listed | $94,900 | MLS #4504143 |
| Sep 20, 2005 | Sold | $167,500 | Public Record |
| Nov 6, 2003 | Sold | $529,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $33,080 | $1,907 |
| 2024 | — | — | $33,080 | $1,854 |
| 2023 | — | — | $35,110 | $1,902 |
| 2022 | $17,480 | $4,370 | $21,850 | $1,785 |
| 2021 | $15,990 | $3,990 | $19,980 | $1,823 |
| 2020 | $14,970 | $3,740 | $18,710 | $1,720 |
| 2019 | $13,400 | $3,350 | $16,750 | $1,642 |
| 2018 | $13,120 | $3,280 | $16,400 | $1,716 |
| 2017 | $12,120 | $3,030 | $15,150 | $1,636 |
| 2016 | $10,900 | $2,720 | $13,620 | $1,563 |
| 2015 | $9,730 | $2,430 | $12,160 | $1,441 |
| 2014 | $6,420 | $1,600 | $8,020 | $1,407 |
| 2013 | $5,120 | $1,280 | $6,400 | $1,211 |
| 2012 | $5,120 | $1,280 | $6,400 | $1,060 |
| 2011 | $4,630 | $1,150 | $5,780 | $991 |
| 2009 | $14,720 | $3,680 | $18,400 | $1,892 |
| 2008 | $18,840 | $4,710 | $23,550 | $2,049 |
| 2007 | $14,840 | $3,710 | $18,550 | $1,828 |
Property facts
Year built
2004
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,114 sqft
Lot size
8,250 sqft
ZIP code
85033
City
Phoenix
Street
Monterey Way
Coordinates
33.48410, -112.21380
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,277
Gross rental yield
8.74%
Implied cap rate
5.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7131 Monterey Way last sell?
7131 Monterey Way most recently sold on Apr 28, 2022 for $450,000.
What is the current tax assessment for 7131 Monterey Way?
The most recent total assessment for 7131 Monterey Way (year 2025) is $33,080 with $1,907 in property tax.
How does 7131 Monterey Way's assessment compare to its last sale price?
The current assessment is 92.6% below the last sale price of $450,000.
When was 7131 Monterey Way built?
7131 Monterey Way was built in 2004.
How does 7131 Monterey Way compare to others on Monterey Way?
We track 8 other properties on Monterey Way. Browse the list under "Other properties on Monterey Way" to compare beds, baths, and sale history.
What are the property facts for 7131 Monterey Way?
7131 Monterey Way is a 3 bed, 3 bath, 2,114 sqft, 8,250 sqft lot single_family.
Is 7131 Monterey Way a flip candidate?
No — 7131 Monterey Way does not appear in our flips dataset.
Is 7131 Monterey Way a tax-appeal candidate?
No — 7131 Monterey 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
-1.5%
Implied 1-yr
-6.0%
2026 Q3
$286.3K
2026 Q4
$281.5K
ZIP 85033 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Monterey Way