3702 E MONTEROSA Street 2, Phoenix, AZ 85018, Phoenix, 85018 - 2 bed, 2 bath
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Phoenix, AZ 85018
This Turnkey Townhouse is a Strong Value Opportunity, listed at $395,000—positioned well below the $400,833 Fair Market Value by 1.45%. This valuation gap offers $5,833 in Instant Equity. Featuring a Mint Condition Rating with a fully redesigned kitchen and modern finishes, this home offers a seamless lifestyle in the heart of Arcadia Lite. With a private patio and prime walkability to local hotspots, it is an ideal choice for first-time buyers or Owner-Occupants seeking a move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3702 E MONTEROSA Street 2 Subject | $389,000* List Price | 2 | 2 | 1,152 | $307 | - |
A 4401 N 40TH Street 7 Sold | $373,000 List Price | 2 | 2 | 1,024 | 0.5 mi | |
B 3702 E MONTEROSA Street 6 Active | $425,000 List Price | 2 | 2 | 1,152 | $369 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1967, the property has undergone a complete top-to-bottom remodel including a redesigned kitchen with modern stainless steel appliances, updated bathrooms, new flooring, and fresh paint. The finishes are contemporary and the condition is mint, meeting the criteria for a recent renovation under 5 years old.
Situated in one of Phoenix's most sought-after neighborhoods, this property offers exceptional walkability to iconic local hotspots like La Grande Orange and Postino.
The interior has been completely transformed with high-end finishes, updated windows, and a redesigned kitchen, offering a move-in-ready experience.
The home features a thoughtfully redesigned open floor plan that maximizes natural light, creating an airy and spacious feel for a 1,152 sqft residence.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =41129, other record lot size in square feet = 1305. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1152, other record living area = 975.
Originally constructed in 1967, the property may have underlying infrastructure or common area limitations typical of older condominium developments.
The assigned high school carries a lower performance rating, which could be a consideration for families or long-term resale value.
Located in the heart of sought-after Arcadia Lite, this home places you just moments from some of Phoenix's most popular restaurants, coffee shops, fitness studios, and local hotspots. Walk or bike to neighborhood favorites like La Grande Orange, Postino, The Vig, Ingo's, Chelsea's Kitchen, and Century Grand, while remaining minutes from the Biltmore, Old Town Scottsdale, and Sky Harbor Airport. Inside, the home has been fully remodeled from top to bottom with new flooring, fresh paint, updated windows, a completely redesigned kitchen, remodeled bathrooms, & thoughtfully selected finishes throughout. The bright, open layout is filled with natural light and designed for both comfortable everyday living and effortless entertaining.
No exterior & parking available.
Grades K-8 • 0.7 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,152 | - |
| Lot Size | 41,129 | - |
| Price | $389.0K | $341.8K |
| Price per sq ft | $338 | $259 |
| Built year | 1967 | 0 |
| HOA | $330 | $0 |
| Days on market | 68 | 1211 |
Jul 9, 2026
$389,000
$395,000
-2% Price Drop
Initial Listing
May 15, 2026
$395,000
Initial Listing