1019 E MONONA Drive, Phoenix, AZ 85024, Phoenix, 85024 - 4 bed, 3 bath
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Phoenix, AZ 85024
This Spacious Renovated Residence is a Prime Investment Opportunity with a List Price of $569,000—positioned well below the $589,067 Fair Market Value by 3%. This valuation gap provides $20,067 in Instant Equity for the buyer. Boasting a Good Condition Rating, the home features a Granite Kitchen, new LVP flooring, and a Private Pool with Mountain Views. The versatile layout includes a downstairs den and soaring ceilings, making it a turnkey asset. This property is ideal for Owner-Occupants seeking lifestyle luxury or Buy-and-Hold Investors looking for a stable, high-demand rental.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1019 E MONONA Drive Subject | $566,000* List Price | 4 | 3 | 2,266 | $261 | - |
A 764 E IRMA Lane Sold | $650,000 | 4 | 3 | 2,698 | $241 | 0.2 mi |
B 738 E IRMA Lane Sold | $431,900 List Price | 3 | 2 | 2,319 | 0.3 mi | |
C 758 E IRMA Lane Sold | $580,000 | 4 | 3 | 2,579 | $225 | 0.2 mi |
D 20616 N 8TH Street Sold | $626,000 | 3 | 3 | 2,448 | $256 | 0.2 mi |
E 1114 E PONTIAC Drive Sold | $515,000 | 3 | 2 | 1,618 | $318 | 0.4 mi |
F 1114 E PONTIAC Drive Sold | $515,000 | 3 | 2 | 1,618 | $318 | 0.4 mi |
G 1701 E YUKON Drive Active | $649,900 List Price | 4 | 3 | 2,413 | $269 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1997 (27 years old), it qualifies for a 'Good' rating due to significant recent cosmetic renovations. Updates include new LVP flooring, new interior paint, and granite countertops in both the kitchen and bathrooms. The kitchen is functional with stainless steel appliances, and the overall condition is move-in ready and well-maintained.
The property features a private backyard with a sparkling pool and covered patio, uniquely positioned with no direct neighbors behind to maximize privacy and mountain views.
The home is move-in ready with significant updates including new interior paint, granite countertops, stainless steel appliances, and durable LVP and tile flooring throughout the main living areas.
The spacious 2,266 sqft layout includes soaring ceilings and a dedicated downstairs den, providing excellent flexibility for a home office, playroom, or guest accommodations.
The assigned elementary and middle schools have lower performance ratings (3/10), which may be a concern for families prioritizing top-tier educational metrics.
At 5,129 sqft, the lot is relatively small for a home of this size, leaving limited additional yard space once the pool and patio are accounted for.
Your new home is here! This beautiful two-story home in Arroyo Rojo has 4 bedrooms plus a den, 2 .5 bathrooms, & a 2-car garage with built-in cabinets. Bright, open layout with soaring ceilings, new interior paint, formal living, & a spacious family room. The kitchen features stainless steel appliances, granite countertops, a walk-in pantry, wood cabinetry & a breakfast bar. A versatile den downstairs adds flexibility for an office or playroom. All bedrooms are upstairs, with new carpet on stairs only; the rest of the home features LVP & tile flooring. The primary suite includes double-door entry, a bay window with mountain views, & a walk-in closet. Enjoy a private backyard with a covered patio, a sparkling pool, garden bed & no direct neighbors behind.
No exterior & parking available.
Grades K-5 • 15.0 mi
Grades 7-8 • 3.4 mi
Grades 9-12 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 3.0 | 2.0 | 56% |
| Square foot | 2,266 | 1,785 | 71% |
| Lot Size | 5,129 | 6,477 | 27% |
| Price | $566.0K | $440.0K | 66% |
| Price per sq ft | $250 | $267 | 39% |
| Built year | 1997 | 1997 | 50% |
| HOA | $46 | $66 | 43% |
| Days on market | 19 | 1777 | 0% |
May 17, 2026
$566,000
$569,000
-1% Price Drop
Initial Listing
May 1, 2026
$569,000
Initial Listing