*Construction Completed* 5% BUYER INCENTIVE! Introducing Edison Midtown Phase 2 with 60 new construction condominiums. This spacious two bedroom condo offers ten ft. ceilings, an open floor plan, and large master bedroom with ensuite bathroom. Chefs kitchen offers expansive cabinetry, quartz countertops and stainless steel appliances including a gas range. Enjoy the views over the pool and common areas from the spacious balcony. Edison Midtown features incredible amenities for that perfect Urbanite lifestyle. A beautiful pool and lap pool, 2000 sq. ft. fitness center and lounge, and gated parking garage.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 2024
Stories: 7
Living Area: 1,125 SqFt
Listing Office:
Office Name: The Agency
Office Phone: (480) 739-5110
Listing Agent: James Cavanaugh, Marilyn Cavanaugh
Interior Features
Interior Information:
Flooring Type: Vinyl
Interior: 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Full Bth Master Bdrm
Fireplace: None
Bedroom and Bathroom Information:
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Balcony
Parking Information:
Garage Space: 2 spaces
Parking: Assigned, Community Structure, Gated
Lot Features
Lot Information:
Lot: Desert Back, Desert Front
Lot Size: 0.03 Acres
Utilities
Utilities Information:
Heating: Electric
Other
Directions Information:
Directions: From Central Ave go east on Monterey
Price Information
Listing Price Info
Price Summary:
List Price: $525,000
Price Per SqFt: $467/SqFt
HOA Fees:
Amount: $533
Frequency: Monthly
Tax Information:
Annual Amount: $106
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Phoenix, AZ.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,221
Per Month
Principal & Interest
$2,621
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$533
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,640
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Basis Phoenix Central Primary School
201 E Indianola Ave
Distance between this listing and this school0.51 miles
Public Charter Grades KG-5
4
/10
Clarendon Elementary School
1225 W Clarendon Ave
Distance between this listing and this school0.97 miles
Public District Grades 4-6
4
/10
Encanto Elementary School
1426 W Osborn Rd
Distance between this listing and this school1.00 miles
Public District Grades KG-3
Nearby Schools
2
/10
Emerson School
915 E Palm Ln
Distance between this listing and this school1.30 miles
Public District Grades KG-8
7
/10
Self Development Academy-Phoenix
1515 E Indian School Rd
Distance between this listing and this school1.49 miles
Public Charter Grades KG-8
3
/10
Phoenix Advantage Charter School
3738 N 16th St
Distance between this listing and this school1.50 miles
Public Charter Grades KG-8
Nearby Schools
4
/10
Arizona Virtual Academy
99 E Virginia Ave Ste 200
Distance between this listing and this school0.60 miles
Public Charter Grades KG-12
8
/10
Phoenix College Preparatory Academy
3310 N 10th Ave
Distance between this listing and this school0.76 miles
Public Charter Grades 9-12
2
/10
Pathways in Education
2226 N 7th St
Distance between this listing and this school0.99 miles
The neighbors living near this home have an average income of $44,393. Most Phoenix, AZ residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
This home is located at 3131 N Central Ave Unit 4014 in Phoenix, AZ and zip code 85012 in the Midtown neighborhood. This 1,125 square foot home, which was built in 2024, sits on a 0.03 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 17, 2023 and is currently priced at $525,000.
In October 2024, from all listings sold in Phoenix, AZ there were more than 250 sold above asking price, over 697 sold below and more than 344 were sold right at the asked price. The number of homes for sale in Phoenix, AZ increased by 7.5% between September 2024 and October 2024. The median list price of listings available in October 2024 was $450,977, while the average time on the real estate market was 62 days.
From Rocket Homes Real Estate and based on county public records data.