6 months on rocket

5122 N 31st Way Unit 225, Phoenix, AZ, 85016

$299,000

Home List Price

$3,551*

Closing Credit

1 Bedroom
1 Bath
1,073 SqFt
$279/SqFt
Multi

Location

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5122 N 31st Way Unit 225, Phoenix$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1981
HeatingElectric
FireplaceNone
MLS #6710291
Lot Size0.02 Acres
StatusActive

About 5122 N 31st Way Unit 225

Exquisite Biltmore Terrace Condo - 1 Bed, 1 Bath - Next to Biltmore Golf Course! Welcome to 5122 N 31st Way, Unit 225, a spacious 1-bedroom, 1-bathroom condo offering 1,073 sq ft of stylish living in the prestigious Biltmore community. Situated near the Biltmore Golf Course, this serene home offers a tranquil atmosphere and a prime location for golf enthusiasts and those seeking a peaceful retreat. The unit has been thoughtfully upgraded, featuring a 2023 brand-new remodeled shower that brings a touch of luxury to your daily routine. Enjoy year-round comfort with the newly installed AC, ensuring a cool and comfortable environment even during Arizona's hottest months. This condo offers a bright and open layout, with ample living space and natural light throughout.

Property Details

Property Features

Property Information:

  • Year Built: 1981
  • Stories: 4
  • Living Area: 1,073 SqFt

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (602) 755-3415
  • Listing Agent: Sean Peterson

Interior Features

Interior Information:

  • Interior: Eat-in Kitchen, Full Bth Master Bdrm, Laminate Counters
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Electric

Other

Directions Information:

  • Directions: From 32nd and Camelback, go North on 32nd Street to Colter, West on Colter, West on 31st Pl to Guard Gate. Present your business card and Guard will direct you to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $279/SqFt

HOA Fees:

  • Amount: $578
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,701
  • Tax Year: 2021
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Housing Market Comparison

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

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Phoenix, AZ

City

Med. Sold Price

$450.9K

Med. Price/SqFt

$284

Avg. Days On Market

62

# of Sold Homes

1291

5122 N 31st Way Unit 225 vs Phoenix

181 DAYS ON ROCKET

+119 Days

$299,000

-$151.9K Less

$279/SqFt

-$6 Less

KEY TAKEAWAY

This property is $151.9K less than the Median Sold Price and $6/SqFt less 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: #6710291

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (602) 755-3415
  • Listing Agent: Sean Peterson

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: 11/21/2024, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 22, 2020Home Sold
$244,000
Apr 20, 2005Home Sold
$175,000
Jun 08, 2000Home Sold
$93,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,701$16,830
2020$1,674$15,260
2019$1,597$14,560
2017$1,523$13,260

History based on county public records data.

Payment Calculator

$2,138

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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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-503751
4
/10

  • Madison Camelview Elementary School

  • 2002 E Campbell Ave

  • 1.41 miles

  • Public District Grades PK-4

school-card-donut-503752
6
/10

  • Arizona Autism Charter School

  • 4125 N 14th St

  • 2.32 miles

  • Public Charter Grades KG-6

school-card-donut-503753
6
/10

  • Madison Heights Elementary School

  • 7150 N 22nd St

  • 2.32 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,759. The most common annual income of people living in Phoenix, AZ is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Arizona›Maricopa County›Phoenix›85016›5122 N 31st Way Unit 225

This home is located at 5122 N 31st Way Unit 225 in Phoenix, AZ and zip code 85016 in the Biltmore neighborhood. This 1,073 square foot home, which was built in 1981, sits on a 0.02 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 24, 2024 and is currently priced at $299,000.

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.

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