Perfectly positioned at the intersection of Arcadia's charm and Old Town Scottsdale's vibrant energy, this ground-floor residence at The Spengler has been transformed into a sleek, modern sanctuary. Offering the rare combination of a prime poolside location and a complete interior overhaul, this 2-bedroom, 2-bathroom home is the definition of turn-key urban living. Step inside to a bright, airy atmosphere defined by a sophisticated color palette and high-end finishes. The entire home features brand-new, oversized tile flooring complemented by crisp interior paint and modern, architectural baseboards. The heart of the home is the reimagined open-concept kitchen—a chef's dream featuring stunning new countertops, premium stainless steel appliances, and a seamless flow into the living area that is perfect for hosting. The thoughtful floor plan provides maximum privacy and comfort. Both bedrooms are spacious and well-appointed, while the bathrooms have been elevated with contemporary touches, including a fully re-tiled secondary bathroom. Beyond the aesthetic upgrades, this home offers significant mechanical value with a brand-new, high-efficiency HVAC system, ensuring year-round comfort and lower utility costs. As a ground-floor unit, you enjoy effortless access and a premier position within the community, just steps away from the sparkling pool and lounge areas.
Accepting backups
Price cut: $5K (2/19)
$264,900
5525 E THOMAS Road #L1, Phoenix, AZ 85018
2beds
982sqft
Est.:
Condominium
Built in 1974
-- sqft lot
$-- Zestimate®
$270/sqft
$405/mo HOA
What's special
Sophisticated color palettePrime poolside locationStunning new countertopsHigh-end finishesCrisp interior paintPremium stainless steel appliancesModern architectural baseboards
- 55 days |
- 350 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: March 01, 2026 at 07:21am
Listed by:
Blake Keathley 661-900-9145,
Everystate, Inc
Source: ARMLS,MLS#: 6969273

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other
Cooling
- Other
Appliances
- Included: Refrigerator, Dishwasher, Electric Cooktop
- Laundry: Other, See Remarks
Features
- Eat-in Kitchen, Full Bth Master Bdrm
- Has basement: No
Interior area
- Total structure area: 982
- Total interior livable area: 982 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Community Structure
- Carport spaces: 1
Features
- Stories: 2
- Spa features: None
- Fencing: Block
Lot
- Size: 930 Square Feet
- Features: Grass Front
Details
- Parcel number: 12624450
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco, Wood Frame
- Roof: Other
Condition
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
- Utilities for property: Other
Community & HOA
Community
- Features: Pool
- Subdivision: SPENGLER CONDOMINIUMS AMD
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $405 monthly
- HOA name: Spengler
- HOA phone: 602-843-1333
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $270/sqft
- Tax assessed value: $219,700
- Annual tax amount: $1,192
- Date on market: 1/15/2026
- Cumulative days on market: 55 days
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Condominium
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Price change | $264,900-1.9%$270/sqft |
Source: | ||
| 2/12/2026 | Price change | $269,900-3.6%$275/sqft |
Source: | ||
| 1/29/2026 | Price change | $279,900-3.4%$285/sqft |
Source: | ||
| 1/15/2026 | Listed for sale | $289,900+13.7%$295/sqft |
Source: | ||
| 11/4/2025 | Listing removed | $1,850$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/25/2025 | Price change | $1,850-5.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/15/2025 | Listed for rent | $1,950$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/28/2022 | Sold | $255,000-5.6%$260/sqft |
Source: | ||
| 1/22/2022 | Pending sale | $270,000$275/sqft |
Source: | ||
| 1/22/2022 | Listed for sale | $270,000$275/sqft |
Source: | ||
| 1/19/2022 | Pending sale | $270,000$275/sqft |
Source: | ||
| 1/19/2022 | Listed for sale | $270,000$275/sqft |
Source: | ||
| 1/12/2022 | Pending sale | $270,000$275/sqft |
Source: | ||
| 12/17/2021 | Contingent | $270,000$275/sqft |
Source: | ||
| 12/13/2021 | Listed for sale | $270,000+227.3%$275/sqft |
Source: | ||
| 10/20/2020 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 3/11/2020 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 9/28/2004 | Sold | $82,500+8.6%$84/sqft |
Source: Public Record Report a problem | ||
| 3/31/2003 | Sold | $76,000+40.7%$77/sqft |
Source: Public Record Report a problem | ||
| 7/28/2000 | Sold | $54,000-6.9%$55/sqft |
Source: | ||
| 5/28/1996 | Sold | $58,000$59/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,192 +88.7% | $21,970 -5.6% |
| 2024 | $632 +0.9% | $23,270 +326.1% |
| 2023 | $626 +4.1% | $5,461 -59.6% |
| 2022 | $601 -12.7% | $13,520 +11.9% |
| 2021 | $689 +13.7% | $12,080 +6.8% |
| 2020 | $606 +6.8% | $11,310 +26.9% |
| 2019 | $567 | $8,910 +7.6% |
| 2018 | $567 +4.7% | $8,280 +13.7% |
| 2017 | $542 +8.5% | $7,280 +22.8% |
| 2016 | $499 +7.2% | $5,930 +11.3% |
| 2015 | $465 | $5,330 +22.2% |
| 2014 | -- | $4,360 +36.3% |
| 2013 | -- | $3,200 -14.7% |
| 2012 | -- | $3,750 -38.5% |
| 2011 | -- | $6,100 -28.7% |
| 2010 | -- | $8,550 -19.3% |
| 2009 | -- | $10,600 +1.4% |
| 2008 | -- | $10,450 +21.5% |
| 2007 | -- | $8,600 +48.3% |
| 2006 | -- | $5,800 |
| 2005 | -- | $5,800 +4.5% |
| 2004 | -- | $5,550 |
| 2003 | -- | $5,550 +16.8% |
| 2002 | -- | $4,750 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,758/mo
Principal & interest
$1262
HOA Fees
$405
Property taxes
$91
More affordability tools
Climate risks
Neighborhood: Camelback East
Nearby schools
GreatSchools rating
- 3/10Griffith Elementary SchoolGrades: K-5Distance: 1.5 mi
- 3/10Pat Tillman Middle SchoolGrades: 6-8Distance: 1.9 mi
- 3/10Camelback High SchoolGrades: 9-12Distance: 3.9 mi
Schools provided by the listing agent
- Elementary: Griffith Elementary School
- Middle: Pat Tillman Middle School
- High: Camelback High School
- District: Balsz Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







