1501 E Sheridan, Phoenix, AZ 85006 - Photo 1

1/1

$505,000

Sold
Closed
Single Family
3 Beds
2 Total Baths
0.13 Acres

1/1

Property Description

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!

Full Property Details

Full Property Details for 1501 E Sheridan

General

Sold For: $505,000
Taxes: $933 (2024)
Status: Closed
Type: Single Family
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 6872826
Added to Site: 231 day(s) ago

Interior

Interior Features: High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, 3/4 Bath Master Bdrm
Fireplace: Yes
Fireplace(s): 1 Fireplace, Living Room
Flooring: Tile

Rooms

Bathrooms

Total Bathrooms: 2

Bedrooms

Total Bedrooms: 3

Other Rooms

Laundry: Wshr/Dry HookUp Only

Parking

Parking Features: RV Gate

Location

County: Maricopa
Township: 2N
Subdivision: MONTE VISTA LOTS 5, 6 & 7
Cross Streets: E McDowell Rd & N 16th St

Community

Assoc. Fees Include: No Fees

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air
Heating Type: Electric

Utilities

Water: City Water

Structural Information

Architectural Style: Ranch,
Builder: UNK
Exterior Const.: Stucco, Wood Frame, Painted
Roof: Composition
Sq. Ft. Source: Owner
Year Built: 1940

Lot Features

Lot Size (Acres): 0.13
Lot Size (Sq. Ft.): 5,715
Lot Size Source: Assessor
Lot Features: Corner Lot, Desert Front, Dirt Back, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt
Fencing (Description): Block, Wood

Financial Considerations

Tax Amount: $933
Tax Year: 2024
Terms: Cash, Conventional

Disclosures and Reports

Ownership: Fee Simple
Legal Description: MONTE VISTA PT LOT 7 W 45' OF N2 EX N 30' & S 8'
Property ID: 117-19-102
Range: 3E
Section: 33
Lot Number: 7

Listed by My Home Group Real Estate
Sold by Charity Realty AZ Corp

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Schools

Schools serving 1501 E Sheridan

School Districts:Phoenix Elementary District, Phoenix Union High School District

Name	Grades	Distance
Whittier Elementary School, Phoenix, AZ 2000 North 16th Street, Phoenix, AZ 85006	K-8	0.3 mi
North High School 1101 East Thomas Road, Phoenix, AZ 85014	9-12	0.7 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1501 E Sheridan

Date

Details

Price

Change

Source

10/01/2025

Sold

$515,000

-4.61%

MLS

9/05/2025

Price Reduced

$539,900

-0.94%

MLS

8/07/2025

Price Reduced

$545,000

-0.89%

MLS

7/17/2025

Price Reduced

$549,900

-3.44%

MLS

7/07/2025

Price Reduced

$569,500

-2.65%

MLS

6/12/2025

Price Reduced

$585,000

-2.48%

MLS

5/29/2025

Listed

$599,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2
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1
Total Bath

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1501 E Sheridan, Phoenix, AZ 85006 (MLS# 6872826) is a Single Family property that was sold at $505,000 on October 01, 2025. Want to learn more about 1501 E Sheridan? Do you have questions about finding other Single Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

1501 E Sheridan Phoenix, AZ 85006