$390,000

1516 W Nancy Ln Phoenix, AZ 85041

$4,631
Closing credit¹
3 beds
2 baths
1,376 sqft
0.1 acres
$283 / sqft
House

Property details

About 1516 W Nancy Ln

Welcome to this beautifully renovated single-family home located on a spacious corner lot. This charming 3-bedroom, 2-bathroom home boasts modern upgrades and stunning curb appeal. Perfect for families, this home offers a perfect blend of comfort, style, and outdoor living. Spacious Living Areas: Open-concept layout that allows for seamless flow between the living room, dining area, and kitchen. Corner Lot: Enjoy extra space and privacy with a large yard that offers endless possibilities for outdoor living, gardening, and entertainment.

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air
Size1,376 sqft
Lot size0.15 Acres
Year built2003
MLS #6847217
Garage2 spaces

Summary

  • MLS Number: 6847217
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Barrett Real Estate
  • Office Phone: (480) 864-2100
  • Office Email: michaeldrakesmith@gmail.com
  • Listing Agent: Theresa R Marquez

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring a tiled roof, a lawn, a garage, stucco siding, and driveway

$390,000

1516 W Nancy Ln

$4,631

closing credit¹

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Price information

Property sales

DateEventPrice
Jan 10, 2012
Home Sold
$62,000
May 25, 2007
Home Sold
$215,000
May 23, 2003
Home Sold
$137,770

Tax history

YearAssessmentProperty Tax
2024$31,230$1,167
2023$25,920$1,143
2022$19,470$1,179
2020$16,800$1,164
2019$14,920$1,092
2017$11,670$1,018

History based on county public records data.

Nearby schools

7

Basis Phoenix South

Public Charter KG-5

0.6 mi

5700 S 19th Ave

3

Asu Preparatory Academy - South Phoenix Intermediate School

Public Charter 3-6

1.0 mi

5610 S Central Ave

5

Reyes Maria Ruiz Leadership Academy

Public Charter KG-6

1.4 mi

4848 S 2nd St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,455. The majority of Phoenix, AZ residents have income less than $<35k annually. Residents typically live in single, with kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

45%
<35k
40%
35k-100k
13%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

27%
Single, No Kids
38%
Single, with Kids
10%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

27%
<11 yrs old
13%
12-17 yrs old
29%
18-34 yrs old
27%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • BasketballBasketball
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Jasons DeliJasons Deli
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • AcuraAcura
  • ToyotaToyota

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1516 W Nancy Ln

This home is located at 1516 W Nancy Ln in Phoenix, AZ and zip code 85041 in the South Mountain neighborhood. This 1,376 square foot home, which was built in 2003, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $390,000.

Over 224 listings were sold over their listed price in March 2025 in Phoenix, AZ. In the same period over 812 listings were sold below the listed price and 375 listings were sold for the listed price. Between February and March 2025, Phoenix, AZ real estate market has seen increase in the number of listings by 9.3%. While the average time on the market in March 2025 was 65 days, the median list price was $459,738.

From Rocket Homes Real Estate and based on county public records data.

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