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5525 Thomas Rd

Phoenix, AZ 85018

2 bd 2 ba 982 sqft Built 1974 Lot 952 sqft apartment
Most recent sale
$285,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2022 Sold $285,000 MLS #6368593
Mar 17, 2022 Listed $279,000 MLS #6368593
Jun 12, 2012 Listing removed $48,000 ArizonaRegionalMLS
Apr 30, 2012 Price changed $48,000 MLS #4722283
Feb 28, 2012 Listed $29,900 MLS #4722283
Mar 20, 1996 Sold $49,500 Public Record
Aug 11, 1988 Sold $51,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $21,750 $1,192
2024 $21,750 $631
2023 $23,050 $625
2022 $10,820 $2,700 $13,520 $601
2021 $9,490 $2,370 $11,860 $702
2020 $8,880 $2,220 $11,100 $688
2019 $6,830 $1,700 $8,530 $686
2018 $6,310 $1,570 $7,880 $646
2017 $5,560 $1,390 $6,950 $619
2016 $4,750 $1,180 $5,930 $605
2015 $4,020 $1,000 $5,020 $568
2014 $3,490 $870 $4,360 $529
2013 $2,560 $640 $3,200 $445
2012 $2,560 $640 $3,200 $443
2011 $3,000 $750 $3,750 $670
2009 $8,480 $2,120 $10,600 $784
2008 $8,360 $2,090 $10,450 $716
2007 $6,880 $1,720 $8,600 $639

Property facts

Year built
1974
Property type
apartment
Stories
2
Beds
2
Baths
2
Living area
982 sqft
Lot size
952 sqft
ZIP code
85018
City
Phoenix
Street
Thomas Rd
Coordinates
33.47983, -111.96258

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,522
Gross rental yield
6.41%
Implied cap rate
4.17%
Trend-extrapolated value

Frequently asked questions

When did 5525 Thomas Rd last sell?
5525 Thomas Rd most recently sold on Apr 22, 2022 for $285,000.
What is the current tax assessment for 5525 Thomas Rd?
The most recent total assessment for 5525 Thomas Rd (year 2025) is $21,750 with $1,192 in property tax.
How does 5525 Thomas Rd's assessment compare to its last sale price?
The current assessment is 92.4% below the last sale price of $285,000.
When was 5525 Thomas Rd built?
5525 Thomas Rd was built in 1974.
How does 5525 Thomas Rd compare to others on Thomas Rd?
We track 8 other properties on Thomas Rd. Browse the list under "Other properties on Thomas Rd" to compare beds, baths, and sale history.
What are the property facts for 5525 Thomas Rd?
5525 Thomas Rd is a 2 bed, 2 bath, 982 sqft, 952 sqft lot apartment.
Is 5525 Thomas Rd a flip candidate?
No — 5525 Thomas Rd does not appear in our flips dataset.
Is 5525 Thomas Rd a tax-appeal candidate?
No — 5525 Thomas Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.6%
Implied 1-yr
+2.5%
2026 Q3
$2.07M
2026 Q4
$2.09M
ZIP 85018 — Median Price History + Forecast

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