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Sold for $505,000
  • $505,000

    1501 E SHERIDAN Street, Phoenix, AZ 85006

    3beds
    2baths
    1,340sqft
    Single Family Residence
    Built in 1940
    5,715 Square Feet Lot
    $495,500 Zestimate®
    $377/sqft
    $2,834 Estimated rent

    Home value

    $495,500

    $451,000 - $540,000

    $2,834/mo

    Zestimate® history
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    What's special

    Covered patioRoom for a poolRv gateCorner lotSpacious backyardTons of natural lightNeutral palette
    Look no more! This beautifully remodeled home offers modern elegance and smart investment potential! On prime corner lot and GREAT LOCATION! Located minutes away from downtown Phoenix and Coronado Historic District. The interior exudes sophistication, a neutral palette and tons of natural light. Airy open concept floor plan that seamlessly connects the living, dining and kitchen areas creating a modern feel. But what truly sets this home apart is its city approved ADU/casita duplex plans that feature 1 bed 1 bath each unit about 450Sqft each. By building the ADU, there is potential income or $1,500 each unit per typical airbnb priced in the area. Note that both main & secondary bathrooms have been upgraded. Check out the spacious backyard offering a covered patio to relax! With room for a pool, you can make it a complete outdoor oasis. The RV gate is an added perk. Location-wise, it's unbeatable! Conveniently close to schools, shopping, dining options, public transit, and easy access to freeways. Don't miss this great opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Silvia Del Toro Ochoa 623-760-3742,

    My Home Group Real Estate

    Bought with:

    Robert Conway, BR640613000

    Charity Realty AZ Corp

    Source: ARMLS,MLS#: 6872826MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air
    Features
    • High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, 3/4 Bath Master Bdrm
    • Flooring: Tile
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 1,340
    • Total interior livable area: 1,340 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: RV Gate
    • Uncovered spaces: 1
    Features
    • Stories: 1
    • Patio & porch: Covered
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Wood
    Lot
    • Size: 5,715 Square Feet
    • Features: Corner Lot, Desert Front, Dirt Back, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt
    Details
    • Parcel number: 11719102

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Painted
    • Roof: Composition
    Condition
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Subdivision: MONTE VISTA LOTS 5, 6 & 7
    HOA
    • Has HOA: No
    • Services included: No Fees
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $377/sqft
    • Tax assessed value: $319,000
    • Annual tax amount: $933
    • Date on market: 7/23/2025
    • Cumulative days on market: 126 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/1/2025Sold$505,000-6.5%$377/sqft
    Source: ARMLS #6872826 Report a problem
    9/5/2025Price change$539,900-0.9%$403/sqft
    Source: ARMLS #6872826 Report a problem
    8/7/2025Price change$545,000-0.9%$407/sqft
    Source: ARMLS #6872826 Report a problem
    7/18/2025Price change$549,900-3.4%$410/sqft
    Source: ARMLS #6872826 Report a problem
    7/8/2025Price change$569,500-2.6%$425/sqft
    Source: ARMLS #6872826 Report a problem
    6/13/2025Price change$585,000-2.5%$437/sqft
    Source: ARMLS #6872826 Report a problem
    5/29/2025Listed for sale$599,900+84.6%$448/sqft
    Source: ARMLS #6872826 Report a problem
    9/13/2024Sold$325,000+150%$243/sqft
    Source: Public Record Report a problem
    4/28/2005Sold$130,000+92.6%$97/sqft
    Source: Public Record Report a problem
    2/28/2002Sold$67,500$50/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$992 +6.2%$31,900 -7.2%
    2024$933 +1%$34,370 +442.9%
    2023$924 +3.7%$6,331 -72.7%
    2022$892 -0.4%$23,200 +11%
    2021$895 +0.2%$20,900 +17%
    2020$894 +1.7%$17,860 +13.6%
    2019$878 $15,720 +27.7%
    2018$878 +2.4%$12,310 +17%
    2017$858 +27.8%$10,520 +45.5%
    2016$671 -0.3%$7,230 -1%
    2015$673 $7,300 +43.1%
    2014-- $5,100 +37.5%
    2013-- $3,710 -20.6%
    2012-- $4,670 -24.1%
    2011-- $6,150 -30.4%
    2010-- $8,830 -38.7%
    2009-- $14,410 -2.6%
    2008-- $14,800 +17%
    2007-- $12,650 +53.3%
    2006-- $8,250
    2005-- $8,250 +37.5%
    2004-- $6,000
    2003-- $6,000 +34.8%
    2002-- $4,450
    Find assessor info on the county website

    Neighborhood: Encanto

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Whittier Elementary School
    • Middle: Whittier Elementary School
    • High: North High School
    • District: Phoenix Elementary District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $495,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $495,500