5518 E THOMAS Road, Phoenix, AZ, 85018
About This Home
Perfect LOCATION! Phoenix address, 85018 school district, minutes from Old Town, 8 min to the airport, 2 min from freeway access, 10 min from Tempe. Remodeled about a year ago 4 bd, 3 ba home on a large lot. new plumbing, electrical, AC ducting, windows, raised ceilings, kitchen, and expanded primary suite/bath. Features 2 master bedrooms, alley access, and excellent ADU/guest house potential. Ideal for a growing family or a Vacation rental. Rare opportunity w/ space, versatility, and future upside. Enough space for a pickleball court, garage can easily be converted to guest quarters. Lots of space for guest house. Townhomes next door are brand new and renting for 3-3,500 a month. Lots of upside.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1953
Materials
- Roof: Composition
- Construction materials: Painted,Slump Block
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator,Built-in Microwave,Dishwasher,Disposal,Electric Cooktop
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- High Speed Internet,Granite Counters,Double Vanity,Eat-in Kitchen,Breakfast Bar,9+ Flat Ceilings,No Interior Steps,Kitchen Island,Full Bth Master Bdrm
- Window features: Low Emissivity Windows,Double Pane Windows
- Flooring: Tile,Wood
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 2,220
- Total interior livable area: 2,220 sqft
Property
Details
- Parcel number: 12825012
- Lease amount: 0
Features
- Stories: 1
- Patio & porch: Covered,Patio
- Spa features: None
- Fencing: Block
Lot
- Lot size: 0.27 Acres
- Features: North/South Exposure,Sprinklers In Rear,Sprinklers In Front,Alley,Gravel/Stone Front,Gravel/Stone Back,Grass Front,Grass Back
Parking
- Total spaces: 6
- Parking features: Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
- Uncovered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Hail
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Maricopa County and Arizona
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,005 | $60,060 |
| Home Insurance | $158 | $1,896 |
| Property Taxes | $363 | $4,356 |
| Electricity | $235 | $2,821 |
| Total | $5,761 | $69,132 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-03 | Price change | $1,100,000 |
| 2026-04-15 | Listed for sale | $1,200,000 |
| 2025-07-09 | Listing removed | $699,500 |
| 2024-09-26 | Sold | $1,100,000 |
| 2024-09-19 | Pending sale | $1,100,000 |
| 2024-09-19 | Listed for sale | $1,100,000 |
| 2024-07-08 | Pending sale | $1,100,000 |
| 2024-06-01 | Listing removed | $1,100,000 |
| 2024-05-15 | Price change | $949,999 |
| 2024-04-16 | Price change | $999,999 |
| 2024-02-26 | Price change | $1,050,000 |
| 2024-02-16 | Price change | $1,075,000 |
| 2024-01-19 | Price change | $1,100,000 |
| 2023-12-09 | Listed for sale | $1,150,000 |
| 2023-06-15 | Sold | $642,475 |
| 2022-10-27 | Listing removed | -- |
| 2022-10-08 | Price change | $699,500 |
| 2022-09-10 | Price change | $739,500 |
| 2022-08-25 | Listed for sale | $749,500 |
| 2022-07-15 | Sold | $575,000 |
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