Renovated Gem in Prime Location—Fully Furnished & Rental-Friendly! Experience modern living and unbeatable convenience in this beautifully updated, fully furnished 2-bed, 2-bath condo, located on the 2nd floor in the highly sought-after Spengler Condominiums. Fully renovated in 2015, this charming home offers a serene patio naturally shaded by trees, providing a peaceful retreat just across from the sparkling, heated pool. Residents enjoy resort-style amenities, including a hot tub, BBQ grills, and a welcoming clubhouse. With rentals allowed for a minimum of 30 days, this property is a great investment opportunity or a perfect second home. Bordering Lower Arcadia, you're just moments away from Old Town Scottsdale, Papago Park, and the Desert Botanic Garden with easy freeway access.
Property Details
Property Features
Property Information:
Year Built: 1974
Stories: 1
Living Area: 982 SqFt
Listing Office:
Office Name: Real Broker
Office Phone: (602) 755-3415
Listing Agent: Melissa McCullough
Interior Features
Interior Information:
Flooring Type: Tile
Interior: Eat-in Kitchen, Furnished(See Rmrks), 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: Balcony, Storage
Parking Information:
Parking: Assigned
Lot Features
Lot Information:
Lot: Sprinklers In Front, Grass Front
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, go S on 56th Street. Turn right into first parking lot (across from Walgreens). Entrance to home is on the West side of Building E.
Price Information
Listing Price Info
Price Summary:
List Price: $350,000
Price Per SqFt: $356/SqFt
HOA Fees:
Amount: $281
Frequency: Monthly
Tax Information:
Annual Amount: $702
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Phoenix, AZ.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,095
Per Month
Principal & Interest
$1,747
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$281
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,116
Powered By
Advertisement
NMLS#3030
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
2
/10
Griffith Elementary School
4505 E Palm Ln
Distance between this listing and this school1.43 miles
Public District Grades PK-8
High School
2
/10
Camelback High School
4612 N 28th St
Distance between this listing and this school3.93 miles
Public District Grades 9-12
10
/10
Phoenix Union Bioscience High School
512 E Pierce St
Distance between this listing and this school6.26 miles
Public District Grades 9-12
6
/10
Franklin Police and Fire High School
1645 W Mcdowell Rd
Distance between this listing and this school7.74 miles
Public District Grades 9-12
Nearby Schools
9
/10
Hopi Elementary School
5110 E Lafayette Blvd
Distance between this listing and this school1.31 miles
Public District Grades KG-5
6
/10
Tavan Elementary School
4610 E Osborn Rd
Distance between this listing and this school1.35 miles
Public District Grades PK-5
8
/10
Hirsch Academy A Challenge Foundation
6536 E Osborn Rd
Distance between this listing and this school1.40 miles
Public Charter Grades KG-3
Assigned Schools
2
/10
Griffith Elementary School
4505 E Palm Ln
Distance between this listing and this school1.43 miles
Public District Grades PK-8
Nearby Schools
6
/10
Ingleside Middle School
5402 E Osborn Rd
Distance between this listing and this school0.66 miles
Public District Grades 6-8
4
/10
Arcadia Neighborhood Learning Center
4330 N 62nd St
Distance between this listing and this school1.62 miles
Public District Grades KG-8
Assigned Schools
2
/10
Camelback High School
4612 N 28th St
Distance between this listing and this school3.93 miles
Public District Grades 9-12
10
/10
Phoenix Union Bioscience High School
512 E Pierce St
Distance between this listing and this school6.26 miles
Public District Grades 9-12
6
/10
Franklin Police and Fire High School
1645 W Mcdowell Rd
Distance between this listing and this school7.74 miles
The neighbors living near this home have an average income of $35,664. Residents of Phoenix, AZ typically earn less than $35k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 5525 E Thomas Rd Unit E9 in Phoenix, AZ and zip code 85018 in the Camelback East neighborhood. This 982 square foot home was built in 1974. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $350,000.
While more than 171 listings in Phoenix, AZ in September 2024 were sold above asking price, there were more than 303 listings sold at asking price, and more than 624 were sold below. Between August 2024 and September 2024, Phoenix, AZ real estate market has seen increase in the number of listings by 6.3%. In September 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $450,375.
From Rocket Homes Real Estate and based on county public records data.