NOT LISTED FOR SALE

1518 E Carter Rd Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $324,792 - $402,000

4 Beds
2 Baths
1,570 Sq Ft
$239/Sq Ft Est. Value

About This Home

Please note, our homes are available on a first-come, first-serve basis and are not reserved until the lease is signed by all applicants and security deposits are collected.

This home features Progress Smart Home - Progress Residential's smart home app, which allows you to control the home securely from any of your devices. Learn more at

Rent this home by November 30, 2025 and receive $1500.

Want to tour on your own? Click the “Self Tour” button on this home’s listing or call to register for a self-guided showing at a time that works best for you.

Interested in this home? You clearly have exceptional taste. This charming 4-bedroom, 2.0-bathroom home is not only pet-friendly, but also equipped with smart home features to make everyday life more convenient and connected. Homes like this don’t stay on the market for long, don’t miss your chance to make it yours. Apply today!

Some images have been virtually staged to help showcase the potential of spaces in the home. The furnishings shown are for illustrative purposes only and are not included in the home.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Progress Phoenix Llc
Bought by
Progress Resid Borrower 16 Llc
Current Estimated Value
$374,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,962,000
Outstanding Balance
$420,869,692
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$420,495,244

Purchase Details

Closed on
Feb 7, 2020
Sold by
Opendoor Property C Llc
Bought by
Progress Phoenix Llc

Purchase Details

Closed on
Jan 10, 2020
Sold by
Stidhum Kelvin D and Freeney Stidhum Antoinette
Bought by
Opendoor Property C Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Progress Resid Borrower 16 Llc -- New Title Company Name
Progress Phoenix Llc $232,000 Fidelity Natl Ttl Agcy Inc
Opendoor Property C Llc $221,900 Jetclosing Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Resid Borrower 16 Llc $468,962,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2025 11/27/25 Off Market $1,980 -- --
11/21/2025 11/21/25 Price Changed $1,980 -0.5% $1 / Sq Ft
11/07/2025 11/07/25 Price Changed $1,990 -1.5% $1 / Sq Ft
10/13/2025 10/13/25 Price Changed $2,020 -1.9% $1 / Sq Ft
10/08/2025 10/08/25 Price Changed $2,060 -1.2% $1 / Sq Ft
10/03/2025 10/03/25 Price Changed $2,085 -9.3% $1 / Sq Ft
09/28/2025 09/28/25 Price Changed $2,300 -2.1% $1 / Sq Ft
09/22/2025 09/22/25 Price Changed $2,350 -3.9% $1 / Sq Ft
09/10/2025 09/10/25 Price Changed $2,445 +15.1% $2 / Sq Ft
09/06/2025 09/06/25 Price Changed $2,125 -9.6% $1 / Sq Ft
09/04/2025 09/04/25 Price Changed $2,350 -1.1% $1 / Sq Ft
09/03/2025 09/03/25 Price Changed $2,375 -0.8% $2 / Sq Ft
08/21/2025 08/21/25 Price Changed $2,395 -0.2% $2 / Sq Ft
08/21/2025 08/21/25 Price Changed $2,400 -1.8% $2 / Sq Ft
08/13/2025 08/13/25 Price Changed $2,445 -28.7% $2 / Sq Ft
08/11/2025 08/11/25 For Rent $3,430 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,362 $9,031 -- --
2024 $1,289 $8,601 -- --
2023 $1,289 $27,170 $5,430 $21,740
2022 $1,263 $20,010 $4,000 $16,010
2021 $1,289 $17,830 $3,560 $14,270
2020 $1,273 $16,880 $3,370 $13,510
2019 $1,111 $14,560 $2,910 $11,650
2018 $1,079 $13,000 $2,600 $10,400
2017 $1,006 $11,670 $2,330 $9,340
2016 $954 $10,650 $2,130 $8,520
2015 $887 $8,120 $1,620 $6,500
Source: Public Records

Map

Arizona Maricopa County Phoenix 85042 South Mountain

1518 E Carter Rd, Phoenix, AZ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes