18625 N 15TH Place, Phoenix, AZ 85024, Phoenix, 85024 - 3 bed, 2 bath
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18625 N 15TH Place
Phoenix, AZ 85024
PENDING
CONDITION: FAIR
3Beds
2Baths
1,512Sq Ft
4,251Lot Size
Property Price
LIST PRICE$409,000
EST. MARKET VALUE
$409,000
SUMMARY
This Single Family Residence presents a Strong Value Opportunity, listed at $429,900—positioned well below the $437,063 Fair Market Value by 1.6%. This valuation gap offers $7,163 in Instant Equity. With a Fair Condition Rating, the home features recent cosmetic updates like LVP flooring, though the kitchen and baths offer modernization potential. The property includes a private pool and low $33 HOA fees. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add property.
Estimated Market Value
$409,000
Based on Realkey algorithm analyzing recent comparable sales in Phoenix.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18625 N 15TH Place Subject | $409,000* List Price | 3 | 2 | 1,512 | $271 | - |
A 1965 E MORROW Drive Sold | $405,000 | 3 | 2 | 1,586 | $255 | 0.5 mi |
B 2123 E ROCKWOOD Drive Sold | $390,000 | 3 | 2 | 1,521 | $256 | 0.7 mi |
C 2304 E WESCOTT Drive Sold | $442,500 | 4 | 3 | 1,862 | $238 | 1.0 mi |
D 18611 N 22ND Street 21 Sold | $330,000 | 2 | 2 | 1,029 | $321 | 0.9 mi |
E 2035 E ESCUDA Road Sold | $482,000 | 3 | 3 | 1,628 | $296 | 1.0 mi |
F 1440 E RENEE Drive Active | $424,900 List Price | 3 | 2 | 1,632 | $260 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1988 (36 years old), the property features some recent cosmetic updates such as LVP flooring and fresh paint. However, the bathrooms and kitchen retain dated oak cabinetry and older fixtures, placing it in the 'Fair' category as it is functional but requires modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Character
The great room features vaulted ceilings and exposed beams, creating an open, airy atmosphere that adds unique aesthetic appeal and a sense of spaciousness.
- Private Outdoor Amenities
The inclusion of a private swimming pool is a significant value-add for the Phoenix climate, providing immediate summer recreation and enhancing the home's desirability.
- Low Carrying Costs
With an exceptionally low monthly association fee of just $33, this property offers affordable homeownership and lower fixed monthly expenses compared to similar subdivisions.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
The 4,251 sqft lot is relatively compact for a single-family residence, which may result in limited yard space and reduced privacy given the footprint of the pool.
- Local School Ratings
The assigned elementary school carries a lower performance rating, which could be a drawback for families prioritizing high-ranking educational districts.
About 18625 N 15TH Place
Now priced where it's a steal and seller is willing to contribute to buyer's closing costs with quick closing. Charming home with a nice sized great room that features vaulted ceilings and beams. Good natural light throughout and a pool for some summer fun.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 4,251 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $33 / Month
Neighborhood Insights
Phoenix Unified Schools
Eagle Ridge Elementary School
Grades K-6 • 0.8 mi
2/10
Mountain Trail Middle School
Grades 7-8 • 2.8 mi
6/10
North Canyon High School
Grades 9-12 • 0.3 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,512 | 1,820.548 |
| Lot Size | 4,251 | 7,305.343 |
| Price | $409.0K | $470.3K |
| Price per sq ft | $271 | $279 |
| Built year | 1988 | 1986 |
| HOA | $33 | $186 |
| Days on market | 89 | 67 |
Pricing History
Listed for Sale
Jul 30, 2026
$409,000
$415,000
-1% Price Drop
Initial Listing
Price Change
Jul 11, 2026
$415,000
$429,900
-3% Price Drop
Initial Listing
Price Change
Jun 12, 2026
$429,900
Initial Listing