1507 E Sheraton Ln, Phoenix, AZ 85040
Property image
Property image
OFF MARKET

1507 E Sheraton Ln
Phoenix, AZ 85040

South Mountain
  • Studio
  • 3 Baths
  • 1,352 sqft

$296,700

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $1,695/mo*
Refinance Your Home

$296,700

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $1,695/mo*
Refinance Your Home
Studio
3 Baths
1,352 sqft

Home Value

Trulia Estimate
$297K
Since last month
Decreased$2K (-0.8%)
Since last year
Decreased$14K (-4.5%)
Since last sale
Increased$176K (+143.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +134% in the last 10 years
MonthEstimated value
2026
August 2026$298K
July 2026$300K
June 2026$305K
May 2026$308K
April 2026$307K
March 2026$309K
February 2026$310K
January 2026$302K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1505 E CHIPMAN Road, Phoenix, AZ
0.13
Single-Family Home
$310,000
01/29/26
3
2.5
1,352
1420 E SONRISAS Street, Phoenix, AZ
0.09
Single-Family Home
$335,000
01/02/26
2
2.5
1,302
1409 E BLOCH Road, Phoenix, AZ
0.14
Single-Family Home
$329,900
04/16/26
3
2.5
1,352
1430 E MOBILE Lane, Phoenix, AZ
0.07
Single-Family Home
$350,000
12/23/25
4
2.5
1,580
1415 E CHIPMAN Road, Phoenix, AZ
0.15
Single-Family Home
$309,000
02/24/26
3
2.5
1,353
4913 S 15TH Place, Phoenix, AZ
0.13
Single-Family Home
$313,600
01/08/26
3
2.5
1,352
1515 E BLOCH Road, Phoenix, AZ
0.11
Single-Family Home
$290,500
06/30/26
4
2.5
1,580
1401 E BLOCH Road, Phoenix, AZ
0.15
Single-Family Home
$335,000
12/03/25
3
2.5
1,580
1516 E LA SALLE Street, Phoenix, AZ
0.13
Single-Family Home
$360,000
12/24/25
3
2
1,454
1522 E Chambers Street, Phoenix, AZ
0.18
Single-Family Home
$375,000
05/28/26
3
2
1,280

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
5129 S 15TH Place, Phoenix, AZ 85040
0.04
$330,000
3
3
1,352
For Sale
1510 E SHERATON Lane, Phoenix, AZ 85040
0.02
$348,800
4
3
1,607
Off Market
1454 E SHERATON Lane, Phoenix, AZ 85040
0.02
$325,000
4
2.5
1,580
For Sale
1504 E MOBILE Lane, Phoenix, AZ 85040
0.04
$338,700
3
3
1,534
Off Market
5226 S 15TH Street, Phoenix, AZ 85040
0.09
$422,200
4
2
1,831
Off Market
1430 E MOBILE Lane, Phoenix, AZ 85040
0.07
$350,000
4
2.5
1,580
Recently Sold
1505 E ROMLEY Avenue, Phoenix, AZ 85040
0.08
$304,900
3
3
1,332
Off Market
1453 E ROMLEY Avenue, Phoenix, AZ 85040
0.08
$356,400
4
3
1,611
Off Market
1513 E GROVE Street, Phoenix, AZ 85040
0.11
$375,000
3
2
1,454
For Sale
5020 S 16TH Street #--, Phoenix, AZ 85040
0.11
$950,000
-
-
-
For Sale
1452 E ROMLEY Avenue E, Phoenix, AZ 85040
0.10
$320,800
3
3
1,352
Off Market
1435 E ROMLEY Avenue, Phoenix, AZ 85040
0.09
$333,000
4
3
1,534
Off Market

Local Information

  • Map ViewExplore the area around 1507 E Sheraton Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2004
Living Area
1,352 sqft
Price/Sqft
$219
Parking
Garage

About this House

This single-family home is located at 1507 E Sheraton Ln, Phoenix, AZ. 1507 E Sheraton Ln is in the South Mountain neighborhood in Phoenix, AZ and in ZIP code 85040. This property has 3 bathrooms and approximately 1,352 sqft of floor space. This property has a lot size of 2240 sqft and was built in 2004.
1507 E Sheraton Ln, Phoenix, AZ 85040 is a studio, 3 bathroom, 1,352 sqft single-family home in South Mountain, built in 2004. It last sold for $122,000 on Dec 16, 2015. It is currently off market. The Trulia Estimate is $296,700, with a rent estimate of $1,966/month.

Home Details for 1507 E Sheraton Ln

Interior Features

Levels, Entrance, & Accessibility
Stories: 2
Interior Details
Number of Rooms: 6
Heating & Cooling
Air ConditioningCooling System: Refrigerator

Exterior Features

Exterior Home Features
Roof: TileExterior: Stucco
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 2004
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 2240 sqft

Price and Tax history

DateEventPrice
Dec 16, 2015
Source: ARMLS #5350341
Sold
$122,000
May 27, 2005
Source: N/A
Sold
$150,000
Aug 26, 2004
Source: N/A
Sold
$115,080

Market trends in South Mountain

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$374K
$13KMoM
Sale-to-List Price
100.0%
0.2%MoM
Price per sq ft
$239
$3MoM
Available listings
374
7MoM

Around this home

Neighborhood Overview

South Mountain
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Mountain

At least 811 Trulia users voted on each feature.

  • 83 % Say car is needed

  • 82 % Say there are sidewalks

  • 79 % Say parking is easy

  • 78 % Say yards are well-kept

  • 70 % Say it's dog friendly

  • 69 % Say there's holiday spirit

  • 62 % Say kids play outside

  • 59 % Say it's quiet

  • 54 % Say streets are well-lit

  • 54 % Say they plan to stay for at least 5 years

  • 50 % Say people would walk alone at night

  • 47 % Say it's walkable to grocery stores

  • 43 % Say neighbors are friendly

  • 42 % Say there's wildlife

  • 41 % Say it's walkable to restaurants

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Rnewme87
    "Like having a designated dog park for my pooch Kiera to get out and have exercise and meet other dogs."
    2
    Flag
  • Sharon Poole
    "Crime rates school districts neighborhood activists and activities stores safety. Property qualities "
    1
    Flag
  • Trulia User
    "I live in the neighborhood throughout my childhood the neighbors are very friendly and always look out for each other"
    7
    Flag
  • Trulia User
    "The neighborhood is growing at a fast rate and now has many family distractions around parks recreations and other family fun places around. "
    0
    Flag
  • Trulia User
    "Most neighbors own dogs and it’s an easy way to socialize with neighbors. Our association provides small trash cans and bags scattered throughout the community so it’s easy to keep tidy and most people do. "
    0
    Flag
  • Trulia User
    "South Mountain has a bad reputation, but the 2 years that I've been here says otherwise. I love this neighborhood. "
    0
    Flag
  • Trulia User
    "congested, live right off Baseline and there is traffic a lot of the time. car accidents happen often."
    2
    Flag
  • Trulia User
    "plenty of shady off-sidewalk places for dogs. it's Phoenix so it is hot and the pavement and sidewalks do get very hot 🔥 "
    0
    Flag
  • Trulia User
    "I’ve always lived around South Mountain my whole life. My parent would always move around a lot here & there when I was little"
    10
    Flag
  • Trulia User
    "None that’s I will go too there none special at all I’m not at but church yes I enjoy the church I visit "
    0
    Flag
  • Trulia User
    "Super friendly people in a lovely quiet corner of the city - seems very suburban. Convenient to everything!"
    0
    Flag
  • Trulia User
    "majority of people have dogs able to walk them at park good clean areas lots of space to run in multiple parks"
    0
    Flag
  • Trulia User
    "There are good schools and great restaurants. Nice parks to go fishing and new communities, also big supermarkets"
    0
    Flag
  • Trulia User
    "Dogs are lose and alone sometimes is dangerous. It’s not pet friendly because big dogs can be just walking around alone "
    1
    Flag
  • Trulia User
    "Some people walking their dogs I feel safe and watched over neighbors. Would be nice to have more doggy parks"
    0
    Flag
  • Trulia User
    "is very family oriented and friendly neighborhood with a lot of different store in the area and public transportation"
    0
    Flag
  • Trulia User
    "We’re in a gated community, but the community is small and makes sidewalks hard to walk with dogs when other neighbors are out doing the same. "
    0
    Flag
  • Trulia User
    "It’s a nice area lived here my whole life.A lot of kids that like to play with mine. Good people that care for each other "
    5
    Flag
  • Trulia User
    "Lived here for over 8 years, Great neighborhood and very close to hiking trails, airport, and shopping "
    1
    Flag
  • Trulia User
    "It’s not safe after night falls you have homeless people lurking the streets and crack heads very dangerous "
    0
    Flag
  • Trulia User
    "Baseline has high traffic from the avenues to the I-10 but commute is 12 mins to airport diverse area with all ages"
    0
    Flag
  • Trulia User
    "Love the open walks by the canal and the friendly individuals. South mountain trails are very close and breathtaking. "
    0
    Flag
  • Singhsanjayk001
    "Awesome Friendly Close to downtown Inexpensive Freeways and neighborhood Great place to call home"
    8
    Flag
  • Hannah G.
    "Gated communities are kid friendly, but the surrounding areas are something to watch out for. The area is definitely up and coming though."
    10
    Flag
  • Alexis
    "I live in a nice friendly neighborhood where everyone communicates n knows each other everyone is either related or friends ."
    5
    Flag
  • U2hilary
    "Mountain View’s great! Friendly neighbors, quiet neighborhood. Close to so many things including the airport If you travel often. "
    18
    Flag
  • Andi S.
    "I drive everywhere. but it is just short jaunts. 5 min away from every freeway. this area is constantly improving and opening up more areas for vma variety of shopping. plus there's some open to the public farms near by. fresh eggs, milk and produce. "
    4
    Flag
  • Bukky R.
    "Beautiful views and proximity to downtown is superb. Most homes and shopping are new. People are friendly and down to earth. "
    4
    Flag
  • Sunny B.
    "Great schools, family friendly neighborhoods with lots of parks. Emergency room nearby. Sports complex for youth activities "
    0
    Flag
  • At_rice44
    "I’ve live in this neighborhood for 17 years and have enjoyed my neighbors. Being a home owner is the greatest reward "
    10
    Flag
  • Xavieralexzander
    "Good community for an adult family. Not very motivating for the advancing youth. Quiet noisy with cars and sirens but people are distant and friendly. And about every other house house pit bulls lol. "
    1
    Flag
  • E.S.
    "There’s a bus stop on the corner but I have a car. The light rail is extending to south Phoenix soon though."
    0
    Flag
  • Tammy L.
    "I can’t wait to get out of here! Crime has increased exponentially in the past 5 years! Gun shots heard nightly & every weekend there at least one helicopter flying in circles with spot light. Not to mention, the HOA doesn’t keep anything up- even the neighborhood park is trashed!"
    27
    Flag
  • Marydesamais42
    "We typically do not have community events. I’ve lived here for over 18 years and I never went to a community event "
    0
    Flag
  • Martinezkevin92
    "It’s a peaceful area. A lot of misconception regarding “south side” I love it here, I love the mountains"
    8
    Flag
  • Nestor M.
    "Nothing. This a poor weak neighborhood. Everyone here either keeps to themselves or are very loud. If you want fun just go downtown."
    2
    Flag
  • Whtaylor
    "All of the neighborhood cats!!! It’s like a convention...oh and they regularly use my yard as their personal litter box,"
    13
    Flag
  • Shywanda B.
    "The main streets would be less congested, if there were three lanes. And no, pet owners do not curb their dogs."
    0
    Flag
  • Barbaraascencio
    "We have events at El Prado park and Cesar Chavez Park that make the area special as well as yard sales and other events."
    4
    Flag
  • Jose A. S.
    "public pools, close convenient stores, good schools, but alot of pedifiles, but neighbors mind there own business "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1507 E Sheraton Ln

  • What is 1507 E Sheraton Ln estimated to be worth?
    Trulia's estimated value for 1507 E Sheraton Ln in Phoenix, AZ is $296,700.
  • What is the price history for 1507 E Sheraton Ln?
    1507 E Sheraton Ln in Phoenix, AZ last sold for $122,000 in December 2015.
  • Is Phoenix a buyer's or seller's market?
    Phoenix is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Phoenix?
    The median sale price in Phoenix is $374K. That is down $13K from the prior month.
  • Does 1507 E Sheraton Ln have air conditioning?
    Yes, 1507 E Sheraton Ln in Phoenix, AZ has air conditioning.
  • How big is the lot at 1507 E Sheraton Ln?
    The lot at 1507 E Sheraton Ln in Phoenix, AZ is about 0.05 acres (2,240 sq ft).

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Off Market Homes Near 1507 E Sheraton Ln

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