18625 N 15TH Place, Phoenix, AZ 85024, Phoenix, 85024 - 3 bed, 2 bath
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Phoenix, AZ 85024
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18625 N 15TH Place Subject | $415,000* List Price | 3 | 2 | 1,512 | $277 | - |
A 1965 E MORROW Drive Sold | $405,000 | 3 | 2 | 1,586 | $255 | 0.5 mi |
B 18803 N 16TH Place Sold | $448,000 | 3 | 2 | 1,422 | $315 | 0.1 mi |
C 758 E SACK Drive Sold | $420,000 | 3 | 3 | 1,535 | $274 | 0.9 mi |
D 2101 E ROSEMONTE Drive Sold | $475,000 List Price | 3 | 2 | 1,618 | 0.7 mi | |
E 758 E SACK Drive Sold | $420,000 | 3 | 3 | 1,535 | $274 | 0.9 mi |
F 2304 E WESCOTT Drive Sold | $442,500 | 4 | 3 | 1,862 | $238 | 1.0 mi |
G 2035 E ESCUDA Road Sold | $482,000 | 3 | 3 | 1,628 | $296 | 1.0 mi |
H 1440 E RENEE Drive Active | $449,000 List Price | 3 | 2 | 1,632 | $275 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
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.
The great room features vaulted ceilings and exposed beams, creating an open, airy atmosphere that adds unique aesthetic appeal and a sense of spaciousness.
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.
With an exceptionally low monthly association fee of just $33, this property offers affordable homeownership and lower fixed monthly expenses compared to similar subdivisions.
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.
The assigned elementary school carries a lower performance rating, which could be a drawback for families prioritizing high-ranking educational districts.
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.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 7-8 • 2.8 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,512 | - |
| Lot Size | 4,251 | - |
| Price | $415.0K | $495.4K |
| Price per sq ft | $274 | $290 |
| Built year | 1988 | 0 |
| HOA | $33 | $0 |
| Days on market | 40 | 1260 |
Jul 11, 2026
$415,000
$429,900
-3% Price Drop
Initial Listing
Jun 12, 2026
$429,900
Initial Listing