For SaleNeutral Deal6 days on market

5626 E MONTECITO Avenue

5626 E MONTECITO Avenue, Phoenix, AZ 85018, Phoenix, AZ 85018
$23,500,000

Listing Price

Property image 1
5626 E MONTECITO Avenue, Phoenix, AZ 85018
Loc: Phoenix, AZ
Days Listed
6
Tax Assessed
$6462k
Lot Size
0.93 acres
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Echo Canyon K-8

PK-8
0.6 mi away
9

Arcadia High School

9-12
1.4 mi away
9

Hopi Elementary School

K-5
0.6 mi away
Haven Underwritten Market·Moderate DSCR (0.65x)

Phoenix, AZ Investment Analysis (2026)

Cap Rate: 4.08% · Median Rent: $2,450/mo · Effective Tax: 0.62%

Open Phoenix Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

modern architectural styleluxuryminimaliststone masonryreflection poolcontemporary designlandscaped entryfloor-to-ceiling windowsdramatic lightingarchitectural textured wallindoor-outdoor flowmature treehigh-end estate

Haven AI Verdict

Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.87%
Total ROI
108.2%
Cash Flow
$12,631/mo
DSCR
1.10
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $12,631/mo net cash flow with a 6.9% cap rate. Underwriting indicates neutral fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.9%)
  • Strong rental demand in Phoenix
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-18Listed for sale$23,500,000$2,503
2020-12-29Sold$1,620,000$173

Tax History

YearProperty TaxTax Assessment
2025$29,071.14$646,200
2024$11,865.98$283,650
2023$9,813.56$116,259
2022$9,468.08$201,315
2021$5,989.72$108,050
2020$6,277.72$96,410
2019$6,013.8$85,530
2018$6,013.8$79,020
2017$5,754.28$82,120
2016$5,074.86$74,030
2015$4,947.4$71,270
2014$0$59,070
2013$0$50,350
2012$0$51,910
2011$0$57,600
2010$0$76,430
2009$0$80,920
2008$0$82,150
2007$0$68,500
2006$0$57,000
2005$0$57,000
2004$0$56,850
2003$0$56,850
2002$0$35,650
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
6
Baths
7
Sq Ft
9,388

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