2 months on rocket

5122 N 31st Way Unit 227, Phoenix, AZ, 85016

$425,000

Home List Price

$5,047*

Closing Credit

2 Bedrooms
2 Baths
1,319 SqFt
$322/SqFt
Multi

Location

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5122 N 31st Way Unit 227, Phoenix$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAssigned, Detached, Gated, Permit Required
Year Built1981
HeatingElectric, ENERGY STAR Qualified Equipment
CoolingENERGY STAR Qualified Equipment
FireplaceNone
ViewCity Lights, Mountain(s)
Private PoolYes
MLS #6751225
Lot Size0.03 Acres
StatusActive

About 5122 N 31st Way Unit 227

REDUCED ! Light & Bright Spacious Updated Turn-Key at BILTMORE TERRACE in BILTMORE ESTATES a controlled access Gated GOLF COURSE LAKE COMMUNITY - Security Patrolled -Enjoy Walking Paths TWO Pools+ 2 Spas, Clubhouse FITNESS CENTER & ELEVATOR and stairs -South Exposed Balcony for great natural light! CONVENIENCE: direct access to BILTMORE PLAZA Restaurants+Safeway Grocery! New Stone Counters kitchen w plenty of cabinet+counter space & breakfast area. New double-sinks vanities +LED Lighting for both baths !USB-charge plugs, new carpet huge primary suite w desk & dressing +seating area +desk! Inside full size Laundry! HOT water on demand /unlimited! This is a Light & Bright unit w East & Southern daylight exposures & ULTRA QUIET Low-Density Masonry+Steel Construction 1-Owner of 17-years.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1981
  • Stories: 4
  • Living Area: 1,319 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Arizona Properties
  • Office Phone: (602) 288-4400
  • Listing Agent: Michael L Braden

Interior Features

Interior Information:

  • Flooring Type: Carpet, Vinyl, Tile, Concrete
  • Interior: Eat-in Kitchen, Breakfast Bar, Drink Wtr Filter Sys, Elevator, No Interior Steps, Pantry, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet, Smart Home, Granite Counters
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City Lights, Mountain(s)
  • Exterior: Balcony, Circular Drive, Covered Patio(s), Gazebo/Ramada, Patio, Private Street(s), Storage, Built-in Barbecue

Parking Information:

  • Parking: Assigned, Detached, Gated, Permit Required

Lot Features

Lot Information:

  • Lot: Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Grass Front
  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Electric, ENERGY STAR Qualified Equipment
  • Cooling: ENERGY STAR Qualified Equipment

Other

Directions Information:

  • Directions: Make an Offer here| N on 32nd St from CAMELBACK then W into BILTMORE ESTATES at COLTER, West to Community Entry Gate at 3055 E Colter just East of the LINKS GOLF COURSE+LAKE

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $322/SqFt

HOA Fees:

  • Amount: $782
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,437
  • 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 227 vs Phoenix

82 DAYS ON ROCKET

+20 Days

$425,000

-$25.9K Less

$322/SqFt

+$37 More

KEY TAKEAWAY

This property is $25.9K less than the Median Sold Price and $37/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: #6751225

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Arizona Properties
  • Office Phone: (602) 288-4400
  • Listing Agent: Michael L Braden

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: 11/22/2024, 7:20:53 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

Mar 05, 2007Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,437$20,860
2020$2,398$19,110
2019$2,288$18,270
2017$2,181$16,900

History based on county public records data.

Payment Calculator

$2,971

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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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-710523
4
/10

  • Madison Camelview Elementary School

  • 2002 E Campbell Ave

  • 1.41 miles

  • Public District Grades PK-4

school-card-donut-710524
6
/10

  • Arizona Autism Charter School

  • 4125 N 14th St

  • 2.32 miles

  • Public Charter Grades KG-6

school-card-donut-710525
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. Residents of Phoenix, AZ typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area 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 227

This home is located at 5122 N 31st Way Unit 227 in Phoenix, AZ and zip code 85016 in the Biltmore neighborhood. This 1,319 square foot home, which was built in 1981, sits on a 0.03 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 01, 2024 and is currently priced at $425,000.

Over 250 listings were sold over their listed price in October 2024 in Phoenix, AZ. In the same period over 697 listings were sold below the listed price and 344 listings were sold for the listed price. The inventory of homes for sale in Phoenix, AZ between September 2024 and October 2024 increased by 7.5%. While the average time on the market in October 2024 was 62 days, the median list price was $450,977.

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

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