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5525 E Thomas Rd Unit C2, Phoenix, AZ, 85018

$295,000

Home List Price

$3,503*

Closing Credit

2 Bedrooms
2 Baths
982 SqFt
$300/SqFt
Multi
Schools Nearby

Location

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5525 E Thomas Rd Unit C2, Phoenix$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAssigned, Common
Year Built1974
HeatingElectric
CoolingCeiling Fan(s)
FireplaceNone
MLS #6680951
Lot Size0.02 Acres
StatusActive

About 5525 E Thomas Rd Unit C2

Completely Renovated in 2019. Discover the epitome of convenience and charm in this 2-bedroom, 2-bath 1st-floor condo nestled in the desirable Lower Arcadia area. Situated in the sought-after Spengler Condo community, residents can indulge in resort-like amenities including a heated pool, hot tub, BBQ grills, and clubhouse. Boasting an unbeatable Phoenix location, you're just minutes away from the vibrant energy of Old Town Scottsdale, with easy freeway access and a short 5-mile drive to the airport. Immerse yourself in a plethora of nearby attractions, from scenic Papago Park and Desert Botanical Gardens to cultural landmarks like the Phoenix Zoo, ASU, and Scottsdale Fashion Square. Don't miss this opportunity to experience the best of Phoenix living! Complete with 1 reserved covered parking space, this property offers a perfect blend of comfort, and accessibility. Some of the furniture is available for sale.

Property Details

Property Features

Property Information:

  • Year Built: 1974
  • Stories: 2
  • Living Area: 982 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Arizona Properties
  • Office Phone: (602) 288-4400
  • Listing Agent: Jason Wolf

Interior Features

Interior Information:

  • Flooring Type: Carpet, Tile
  • Interior: Eat-in Kitchen, Kitchen Island, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Covered Patio(s), Patio, Storage

Parking Information:

  • Parking: Assigned, Common

Lot Features

Lot Information:

  • Lot: Sprinklers In Rear, Sprinklers In Front, Desert Front
  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Camelback High School, Public District Grades 9-12
  • Phoenix Union Bioscience High School, Public District Grades 9-12
  • Franklin Police and Fire High School, Public District Grades 9-12
  • Griffith Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: From E Thomas Rd and 56th St head South on 56th St, turn Right into first parking lot. Building C is along the East side of property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
  • Price Per SqFt: $300/SqFt

HOA Fees:

  • Amount: $281
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $702
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

Med. Sold Price

$440K

Med. Price/SqFt

$281

Avg. Days On Market

54

# of Sold Homes

1488

5525 E Thomas Rd Unit C2 vs Phoenix

36 DAYS ON ROCKET

-18 Days

$295,000

-$145K Less

$300/SqFt

+$19 More

KEY TAKEAWAY

This property is $145K less than the Median Sold Price and $19/SqFt more than other homes in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6680951

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Arizona Properties
  • Office Phone: (602) 288-4400
  • Listing Agent: Jason Wolf

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:55:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$702$11,860
2020$688$11,100
2019$646$8,530
2017$619$6,950

History based on county public records data.

Payment Calculator

$1,821

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-1974742
4
/10
  • Griffith Elementary School

  • 4505 E Palm Ln

  • 1.43 miles

  • Public District Grades PK-8

High School

school-card-donut-1974743
3
/10
  • Camelback High School

  • 4612 N 28th St

  • 3.93 miles

  • Public District Grades 9-12

school-card-donut-1974744
9
/10
  • Phoenix Union Bioscience High School

  • 512 E Pierce St

  • 6.26 miles

  • Public District Grades 9-12

school-card-donut-1974745
8
/10
  • Franklin Police and Fire High School

  • 1645 W Mcdowell Rd

  • 7.74 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,664. Most Phoenix, AZ residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket Homes›Arizona›Maricopa County›Phoenix›85018›5525 E Thomas Rd Unit C2

This home is located at 5525 E Thomas Rd Unit C2 in Phoenix, AZ and zip code 85018 in the Camelback East neighborhood. This 982 square foot home, which was built in 1974, sits on a 0.02 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $295,000.

While more than 282 listings in Phoenix, AZ in March 2024 were sold above asking price, there were more than 418 listings sold at asking price, and more than 788 were sold below. The inventory of homes for sale in Phoenix, AZ between February 2024 and March 2024 increased by 7.8%. While the average time on the market in March 2024 was 54 days, the median list price was $440,050.

From Rocket Homes Real Estate and based on county public records data.

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