*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. 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,460
Per Month
Principal & Interest
$2,860
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
$1,784
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 school0.48 miles
Public Charter Grades KG-5
4
/10
Clarendon Elementary School
1225 W Clarendon Ave
Distance between this listing and this school1.00 miles
Public District Grades 4-6
4
/10
Encanto Elementary School
1426 W Osborn Rd
Distance between this listing and this school1.03 miles
Public District Grades KG-3
Nearby Schools
2
/10
Emerson School
915 E Palm Ln
Distance between this listing and this school1.29 miles
Public District Grades KG-8
7
/10
Self Development Academy-Phoenix
1515 E Indian School Rd
Distance between this listing and this school1.45 miles
Public Charter Grades KG-8
3
/10
Phoenix Advantage Charter School
3738 N 16th St
Distance between this listing and this school1.45 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 school0.61 miles
Public Charter Grades KG-12
8
/10
Phoenix College Preparatory Academy
3310 N 10th Ave
Distance between this listing and this school0.80 miles
Public Charter Grades 9-12
3
/10
North High School
1101 E Thomas Rd
Distance between this listing and this school0.96 miles
The neighbors living near this home have an average income of $44,393. Residents of Phoenix, AZ typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 3131 N Central Ave Unit 6014 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 December 12, 2024 and is currently priced at $572,900.
In November 2024, from all listings sold in Phoenix, AZ there were more than 201 sold above asking price, over 636 sold below and more than 301 were sold right at the asked price. The inventory of homes for sale in Phoenix, AZ between October 2024 and November 2024 decreased by 1.4%. While the average time on the market in November 2024 was 63 days, the median list price was $452,345.
From Rocket Homes Real Estate and based on county public records data.