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141 W LATONA Road, Phoenix, AZ, 85041

41beds
22baths
17,828sqft
$4,995,000
$280price/sqft
$30,722/moest. monthly cost
$1,228,880/yrincome needed

About This Home

Newer Built Homes. 11 individual homes sold in bulk built in 2024. Nice community with 2 pocket parks. All homes have 2 car garages. Located near the new light rail line extension on Central Ave. AS of now, all homes are leased, self-managed by the owner. Owner maintains the common areas and provides quarterly exterior pest control. Buyer to verify all information.

Getting Around

41
WalkingCar-Dependent
43
TransitSome Transit
62
BikeBikeable

Schools

4/10
Valley View SchoolGrades PK-80.5 mi
3/10
Cesar Chavez High SchoolGrades 9-124.0 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2025

Materials

  • Roof: Composition,See Remarks,Foam
  • Construction materials: Wood Frame,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Other,Disposal,Dishwasher,Refrigerator,See Remarks,Free-Standing Electric Oven,Microwave,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 41
  • Bathrooms: 22

Features

  • Flooring: Laminate

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 17,828
  • Total interior livable area: 17,828 sqft

Property

Details

  • Parcel number: 30040524
  • Zoning: Residential

Lot

  • Lot size dimensions: Irregular

Parking

  • Total spaces: 22
  • Covered spaces: 22

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High

How This Home’s Risks Compare

Heat Wave

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $25,257$303,084
Home Insurance $1,747$20,964
Property Taxes $1,831$21,972
Electricity $1,887$22,655
Total$30,722$368,664

Income You'd Need if You Spent...

35% on housing$1,053,325/yr
40% on housing$921,660/yr
45% on housing$819,253/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$280This listing

vs Other Active Listings

Avg $/sqft

ZIP 85041$190
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85041$221
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-14Listed for sale$4,995,000
2025-12-12Listing removed$5,000,000
2025-11-17Listed for sale$5,000,000
2025-11-01Listing removed$5,000,000
2025-10-03Listed for sale$5,000,000
2024-07-19Listing removed$469,999
2024-04-30Listed for sale$469,999
2022-04-18Sold$465,000

New Construction

AgentJames Frazey
BrokerageCity to City Commercial

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