1 year on rocket

3131 N Central Ave Unit 5018, Phoenix, AZ, 85012

$705,917

Home List Price

$8,383*

Closing Credit

2 Bedrooms
2 Baths
1,419 SqFt
$497/SqFt
Multi

Location

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3131 N Central Ave Unit 5018, Phoenix$705,917

Buyer Closing Credits

$8,383*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAssigned, Community Structure, Gated
Garage2 spaces
Year Built2024
HeatingElectric
FireplaceNone
ViewCity Lights, Mountain(s)
MLS #6568565
Lot Size0.03 Acres
StatusActive

About 3131 N Central Ave Unit 5018

*Construction completed* 5% buyer incentive! Introducing Edison Midtown Phase 2 with 60 new construction condominiums. This spacious two bedroom+ den condo is one of the larger two bedroom floor plans and 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. Spacious balcony to capture the amazing views while outside as well. 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: 1,419 SqFt

Listing Office:

  • Office Name: The Agency
  • Office Phone: (480) 739-5110
  • Listing Agent: James Cavanaugh, Marilyn Cavanaugh

Interior Features

Interior Information:

  • Flooring Type: Other
  • 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
  • View: City Lights, Mountain(s)
  • 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: $705,917
  • Price Per SqFt: $497/SqFt

HOA Fees:

  • Amount: $533
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $106
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

Med. Sold Price

$450.9K

Med. Price/SqFt

$284

Avg. Days On Market

62

# of Sold Homes

1291

3131 N Central Ave Unit 5018 vs Phoenix

529 DAYS ON ROCKET

+467 Days

$705,917

+$254.9K More

$497/SqFt

+$212 More

KEY TAKEAWAY

This property is $254.9K more than the Median Sold Price and $212/SqFt more than other homes in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6568565

Listing Office:

  • Office Name: The Agency
  • Office Phone: (480) 739-5110
  • Listing Agent: James Cavanaugh, Marilyn Cavanaugh

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© 2024 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: 11/24/2024, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$106$2,730
2020$103$2,625
2019$95$2,445
2017$88$930

History based on county public records data.

Payment Calculator

$4,124

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,183

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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.

Nearby Schools

school-card-donut-1206314
7
/10
  • Basis Phoenix Central Primary School

  • 201 E Indianola Ave

  • 0.48 miles

  • Public Charter Grades KG-5

school-card-donut-1206315
4
/10
  • Clarendon Elementary School

  • 1225 W Clarendon Ave

  • 1.02 miles

  • Public District Grades 4-6

school-card-donut-1206316
4
/10
  • Encanto Elementary School

  • 1426 W Osborn Rd

  • 1.05 miles

  • Public District Grades KG-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,393. Typical income of Phoenix, AZ residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket Homes›Arizona›Maricopa County›Phoenix›85012›3131 N Central Ave Unit 5018

This home is located at 3131 N Central Ave Unit 5018 in Phoenix, AZ and zip code 85012 in the Midtown neighborhood. This 1,419 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 June 14, 2023 and is currently priced at $705,917.

While more than 250 listings in Phoenix, AZ in October 2024 were sold above asking price, there were more than 344 listings sold at asking price, and more than 697 were sold below. The number of listings in Phoenix, AZ increased by 7.5% between September 2024 and October 2024. In October 2024 median list price was $450,977 and the average listing age was 62 days.

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

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