
Phoenix, AZ 85018
This Modernized Turnkey Condominium is listed at $255,000, representing a stable entry point at its $255,000 Fair Market Value. Boasting a Condition Rating of 2, the interior serves as a move-in-ready sanctuary featuring a Renewed Granite Kitchen, Stainless Steel Appliances, and contemporary Wood-Look Flooring. The functional layout includes a Private Covered Patio and access to community amenities in the desirable 85018 zip code. While served by Griffith Elementary and Camelback High, the prime location offers a premium lifestyle near Arcadia dining. This is an ideal match for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5525 E THOMAS Road C4 Subject | $245,000* List Price | 2 | 2 | 982 | $249 | - |
A 5525 E THOMAS Road L1 Sold | $260,000 | 2 | 2 | 982 | $265 | 0.1 mi |
B 5525 E THOMAS Road F9 Sold | $182,000 | 1 | 1 | 796 | $229 | 0.1 mi |
C 5525 E Thomas Road R 16 Active | $229,500 List Price | 2 | 1 | 848 | $271 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the property was built in 1974, the interior has undergone an extensive recent renovation within the last 5 years. The unit features modern wood-look flooring throughout, a completely renewed kitchen with dark shaker-style cabinetry, granite countertops, and stainless steel appliances. The bathrooms have been updated with contemporary vanities, modern light fixtures, and new wall tiling in the shower. The property is in move-in-ready condition with no visible deferred maintenance.
The unit features contemporary upgrades including wood-look flooring, granite countertops, and stainless steel appliances, offering a move-in-ready experience for buyers.
Situated in the sought-after 85018 zip code, the property provides excellent proximity to popular dining spots, golf courses, and major Phoenix thoroughfares.
The inclusion of a private covered patio extends the living space, providing a quiet area for relaxation that is highly valued in condominium living.
The association fee of $404 per month is relatively high compared to the listing price, which may impact the overall affordability and debt-to-income ratio for potential buyers.
The assigned public schools carry lower ratings (3 and 4 out of 10), which could be a drawback for families or affect the property's long-term appreciation potential.
The search is over! Updated 2-bedroom unit is the one you've been looking for! From the moment you enter, you will be warmly welcomed by the bright open floor plan featuring wood-look flooring, neutral palette, and ceiling fans throughout for year-round comfort. Renewed kitchen offers plenty of cabinet space, stainless steel appliances, granite counters, and a breakfast bar ideal for casual dining. Perfectly sized primary bedroom provides a mirrored door closet and a private bathroom with an enclosed glass shower. Enjoy quiet mornings or evenings under the covered patio, or take advantage of the fantastic Community amenities. PLUS! Excellent location, close to dining spots, golf course, and schools. What are you waiting for? Make it yours before it's gone!
No exterior & parking available.
Grades PK-8 • 1.5 mi
Grades 9-12 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 982 | 1,038 | 37% |
| Lot Size | 935 | 815 | 59% |
| Price | $245.0K | $285.0K | 37% |
| Price per sq ft | $249 | $298 | 41% |
| Built year | 1974 | 1972 | 50% |
| HOA | $404 | $365 | 61% |
| Days on market | 186 | 1442 | 24% |
Apr 18, 2026
$245,000
$255,000
-4% Price Drop
Initial Listing
Oct 22, 2025
$255,000
Initial Listing