$860,000
SOLD MAR 27, 2025

5039 N 18th Ave Phoenix, AZ 85015

Alhambra Neighborhood
-- Bed
-- Bath
4,300 Sq Ft
0.39 Acres

Recently Sold

$200 Per Sq Ft

14% Below List Price

144 Days on Market

Highlights

  • Cooling Available
  • 3-minute walk to 19Th Ave/Camelback
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of March 2025

Great NEXT-GEN PROPERTY for MULTI-GENERATIONAL LIVING / or perfect INVESTMENT PROPERTY. It has 2 stand-alone buildings. (MAIN HOUSE 3bd 2 ba 1200sf) + a DUPLEX (1st Unit is 2 bd 2 ba 1000sf) (2nd Unit is 2 bd 1 ba 900sf). FULLY REMODELED down to the studs in 2023. Kitchens host quartz counters, full backsplash, on-trend cabs, & stainless appl. All baths are modern & thoughtfully designed. Stellar features incl: new doors, trim, baseboards, blinds, ceiling fans, & tile floors. Enjoy new windows, roofs, electrical, drains, pex plumbing, & 1.25'' water line to each property, plus each has an indoor laundry room with washer / dryer hook-up, and a private fenced yard w/ covered patio and artificial turf. Addt'l storage building in the NE corner of the lot. ½ block from the Phoenix Light Rail

Last Agent to Sell the Property

Ben Koerner

Realty Executives Brokerage Phone: 602-647-9151 License #SA030920000

Realty Executives

Last Buyer's Agent

Terrie Spreckelmeier

Call Realty, Inc. License #SA510185000

Call Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,421

Year Built

  • Built in 1994

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 5 Open Parking Spaces
  • 8 Parking Spaces
  • Carport

Schools

  • Encanto Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 13 / 3
  • Assessor Parcel Number 156-37-062

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 80 x 214 approx
  • Nile Tract Block 2 Subdivision

Building Details

  • Operating Expense $6,021
  • Gross Income $66,120
  • Net Operating Income $62,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,421

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Cross Street: Camelback and 18th Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1994
  • Tax Year: 2023
  • Directions: North on 18th Ave from Camelback to subject property.
  • Attribution Contact: 602-647-9151
  • Road Surface Type: Dedicated Street
  • Subdivision Name: NILE TRACT BLOCK 2
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Trash Expense: 720.0
  • Annual Water Sewer Expense: 1680.0

Schools

  • Elementary School: Encanto School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 80 x 214 approx
  • Additional Parcels: No
  • Parcel #: 156-37-062

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 66120.0
  • Insurance Expense: 1600.0
  • Property Net Operating Income: 62000.0
  • Annual Operating Expense: 6021.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1421.0
  • Tax Block: 3
  • Tax Book Number: 156.00
  • Tax Lot: 13

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Sold $860,000 -4.4% $200 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
02/02/2025 02/02/25 Price Changed $899,900 -2.7% $209 / Sq Ft
01/14/2025 01/14/25 Price Changed $925,000 -2.5% $215 / Sq Ft
01/03/2025 01/03/25 Price Changed $949,000 -0.9% $221 / Sq Ft
12/10/2024 12/10/24 Price Changed $958,000 -0.1% $223 / Sq Ft
10/28/2024 10/28/24 Price Changed $959,000 -4.1% $223 / Sq Ft
09/27/2024 09/27/24 For Sale $999,999 -- $233 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,471 $11,720 -- --
2024 $1,421 $11,162 -- --
2023 $1,421 $44,250 $8,850 $35,400
2022 $1,413 $30,380 $6,070 $24,310
2021 $1,437 $27,400 $5,480 $21,920
2020 $1,401 $23,250 $4,650 $18,600
2019 $1,340 $19,180 $3,830 $15,350
2018 $1,295 $16,360 $3,270 $13,090
2017 $1,098 $13,450 $2,690 $10,760
2016 $1,058 $12,130 $2,420 $9,710
2015 $985 $10,110 $2,020 $8,090
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $645,000 New Conventional
Previous Owner $450,000 New Conventional
Previous Owner $230,000 Seller Take Back
Previous Owner $181,600 Commercial
Previous Owner $189,000 Commercial
Previous Owner $146,000 Commercial
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $860,000 Lawyers Title Of Arizona
Deed -- None Listed On Document
Warranty Deed $400,000 Pioneer Title
Warranty Deed $240,000 Lawyers Title Of Arizona Inc
Warranty Deed $270,000 Stewart Title & Trust Of Pho
Warranty Deed $182,500 Grand Canyon Title Agency In
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6763030

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-37-062

Arizona Maricopa County Phoenix 85015 Alhambra

5039 N 18th Ave, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 5039 N 18th Ave, Phoenix, AZ 85015 and is currently priced at $860,000, approximately $200 per square foot. This property was built in 1994. 5039 N 18th Ave is a home located in Maricopa County with nearby schools including Solano School, Osborn Middle School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393