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 | $274 | - |
A 764 E IRMA Lane Sold | $650,000 | 4 | 3 | 2,698 | $241 | 0.2 mi |
B 20616 N 8TH Street Sold | $626,000 | 3 | 3 | 2,448 | $256 | 0.2 mi |
C 738 E IRMA Lane Sold | $431,900 List Price | 3 | 2 | 2,319 | 0.3 mi | |
D 1114 E PONTIAC Drive Sold | $515,000 | 3 | 2 | 1,618 | $318 | 0.4 mi |
E 1114 E PONTIAC Drive Sold | $515,000 | 3 | 2 | 1,618 | $318 | 0.4 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.
Mountain views, a sparkling pool, and room for everyone. This move-in ready Arroyo Rojo home offers 4 bedrooms plus a den, soaring ceilings, fresh interior paint, and multiple living spaces designed for everyday comfort and entertaining. Enjoy Arizona evenings in your private backyard retreat while being conveniently located near shopping, dining, and freeway access.
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 |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,266 | - |
| Lot Size | 5,129 | - |
| Price | $566.0K | $495.4K |
| Price per sq ft | $250 | $290 |
| Built year | 1997 | 0 |
| HOA | $46 | $0 |
| Days on market | 82 | 1260 |
May 17, 2026
$566,000
$569,000
-1% Price Drop
Initial Listing
May 1, 2026
$569,000
Initial Listing