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Sold on 11/01/2013

1517 W Thomas Rd, Phoenix, AZ 85015

$516,000

Last sold 11/01/2013 for $232K

  • 6

    bed

  • 4

    bath

Multi-family not for sale
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About 1517 W Thomas Rd

Property type Multi-family
Neighborhood
Year built 1938
HOA fee $0/month
Movoto estimate
Property description
Trophy Property! Beautiful Bones with newer HVACs, BRAND NEW ROOF, copper plumbing and updated electrical service! Unit mix is two 2/2s and two 1/1s. Walk to Phoenix College! Encanto Golf Course to the South - awesome area! Rents are a little below market. On site laundry! Covered parking and owner storage. Buyer to verify all items prior to close of escrow.
Listed by
Listing Agent - Lloyd W Kaipainen
Listing Office - Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS mls logo
MLS#4935761 • last updated 1 year ago
Movoto checked ARMLS for data 11 minutes ago
Overview
Cooling/AC Electric, Individual
Heating Individual, Electric
MLS # 4935761
Type Multiple Dwellings
Status Closed
Property Tax 1202
Year Built 1938
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Free-Standing Range, Dishwasher, Refrigerator
Exterior
Roof Composition
Construction Painted, Stucco, Block
Parking Paved, <1 Space Per Unit, Carport
# of Open Parking Spaces 3
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Margarita Place
Community Features No Pool
Elementary School District Phoenix Elementary District
High School District Phoenix Union High School District
APN 111-47-007
Zoning Multi
Directions West To Property Or Enter Alley South Of 15th Ave To Covered Parking In Rear.
Multifamily Details
Total # of Units 4
Expense: Operating 9104
Financial Data Source Owner, Other (See Remarks), Projected Proforma
Expense: Maintenance 1500
Vacancy Allowance 0.1
Expense: Insurance 1200
Net Operating Income 16817
Gross Income 25888.5
Expense: Electric 2544
Expense: Water/Sewer 2158
Gross Scheduled Income 28440
Expense: Gardener 500
$516K
Range: $350K-$681K
Last 30 days 
  • Mar 2017
    mls logo MLS # 5556877
  • Mar 18, 2017 Sold
    $280,000
  • Feb 3, 2017 Listed
    $280,000 (+20.7%)
  • Nov 2013
    mls logo MLS # 4935761
  • Nov 1, 2013 Sold
    $232,000 (-6.8%)
  • May 10, 2013 Listed
    $249,000
  • Year Property taxes Tax assessment
  • 2024
    $2,028 +1.0%
    $72,470
  • 2023
    $2,008 +3.7%
    $72,470 +33.19%
  • 2022
    $1,937 +0.8%
    $54,410 +64.88%
  • 2021
    $1,922 -1.1%
    $33,000 +6.01%
  • 2020
    $1,944
    $31,130
  • 1517 W Thomas Rd
    $232K
  • Encanto
    $539K
  • 85015
    $375K -3% y/y
  • Phoenix
    $464K 0% y/y
No chart available
Statistics calculated by Movoto

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3/10
Maie Bartlett Heard School
public Grades PK, K-8
Phoenix Elementary District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
3/10
Central High School
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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