Sold
Last Sold Price
1517 W Thomas Rd, Phoenix, AZ 85015
Multi FamilyProperty Type
1960Year Built
7 carsParking Spaces

Description

Location – Location! - this beauty is part of the Margarita Place Historic District with great visibility and high density R-5 zoning. Could be re-zoned for commercial use like many of it's neighbors. It enjoys high demand from the downtown-loving tenant base with arts and entertainment hubs very close. Phoenix College is across the street. St Joseph's Hospital is just down the road. The units are spacious with two 1-bed units and two 2-bed/2-bath units! Tile floors, newer roof, ACs, plumbing, and...Location – Location! - this beauty is part of the Margarita Place Historic District with great visibility and high density R-5 zoning. Could be re-zoned for commercial use like many of it's neighbors. It enjoys high demand from the downtown-loving tenant base with arts and entertainment hubs very close. Phoenix College is across the street. St Joseph's Hospital is just down the road. The units are spacious with two 1-bed units and two 2-bed/2-bath units! Tile floors, newer roof, ACs, plumbing, and electric make this an easy keeper
  • Listed by: Mark Skelpsa 602.703.5277 mskelpsa@gmail.com • GPCI AZ
Listing closed: 03/17/2017 12:00 AM • Source: ARMLS, MLS#: 5556877

Recent comparable sales

Median sold price

$345,000

Avg days on market

70

Sale-to-list ratio

89.2%

Phoenix, AZ

9 comparable properties found

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a view of car parked in front of house
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Location

Listing Courtesy of GPCI AZ

Sold By DPR Realty LLC

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$1,574 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,423

Property Taxes

$151

HOA Dues

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Property Information for 1517 West Thomas Road

Property Details
  • Taxes: $1,810 / year
  • MLS Type: Multiple Dwellings
  • Subdivision Name: MARGARITA PLACE
  • View YN: No
  • Zoning: Multi
Building Information
  • Residences: 4
  • Year Built: 1960
Summary
Location and General Information
  • Unparsed Address: 1517 W THOMAS Road, Phoenix, AZ 85015
  • City: Phoenix
  • Coordinates: -112.092233, 33.480207
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: 15th Ave and Thomas Rd
  • Directions: West to property or enter alley South of 15th Ave to covered parking in rear.
  • Latitude: 33.480207
  • Longitude: -112.092233
  • Map Coordinate: P34
  • Postal City: Phoenix
  • Postal Code: 85015
  • Postal Code Plus4: 6103
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,960
Taxes and HOA
  • Tax Annual Amount: $1,810.00
  • Tax Book Number: 111.00
  • Tax Legal Description: LOT 9 MARGARITA PLACE MCR 001714
  • Tax Lot: 9
  • Tax Year: 2,016
Parking
  • Covered Spaces: 4
  • Garage YN: No
  • Open Parking Spaces: 3
  • Open Parking YN: Yes
  • Parking Features: Paved Parking, Common
  • Parking Total: 7
School Information
  • Elementary School District: Phoenix Elementary District
  • High School District: Phoenix Union High School District
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Dimensions: irr
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Disclosures: Seller Prop Disc Stm
  • Documents Change Timestamp: 02-03-2017 04:58:47 PM
  • Documents Count: 1
  • Ownership: Fee Simple
  • Parcel Number: 11147007
  • Property Type: Multiple Dwellings
  • Public Survey Range: 3E
  • Public Survey Section: 31
  • Public Survey Township: 2N
  • Road Surface Type: Asphalt
Utilities
  • Electric: APS
  • Electric Expense: $.00
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Painted, Stucco, Block
  • Number Of Buildings: 1
  • Number Of Units Total: 4
  • Roof: Composition
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Individual, Electric
  • Cooling YN: Yes
  • Heating: Individual, Electric
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Fuel Expense: $.00
  • Gardner Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Net Operating Income: $.00
  • Operating Expense: $1,810.00
  • Other Expense: $.00
  • Professional Management Expense: $.00
Rental
Rent Information
  • Tenant Pays: Electricity

Property History for 1517 West Thomas Road

DateEvent & SourcePriceAppreciation
Mar 17, 2017

Sold

ARMLS #5556877

$280,000
Feb 15, 2017

Sold (Public Record)

Public Record #590487348

$280,000

+5.2% / yr

Feb 10, 2017

Pending

ARMLS #5556877

DateEvent & SourcePrice
03/17/2017

Sold

ARMLS #5556877

$280,000
02/15/2017

Sold (Public Record)

Public Record #590487348

$280,000

+5.2% / yr

02/10/2017

Pending

ARMLS #5556877

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1517 West Thomas Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,154 ($179 / month)
Home Facts
Total Finished SqFt3,068 SqFtAbove Grade Finished SqFt3,068 SqFtStories2Lot Size6,063 SqFtStyleQuadraplexYear Built1960Year Renovated1960ZoningM-HCountyMARICOPAAPN111-47-007

Schools near 1517 West Thomas Road

This home is within Phoenix Elementary District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Maie Bartlett Heard School
PublicPK to 8

Central High School
Public9 to 12

Phoenix Coding Academy
Public9 to 12

Metro Tech High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1517 West Thomas Road, Phoenix, AZ 85015
$280,000
$197,000
6,063
$255,000
6,063
$270,000
1,758
7,275
2
1,707
12,763
8,270
16,256

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of GPCI AZ

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. 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. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.