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Sold for $225,000
  • $225,000

    5122 N 31 Way #214, Phoenix, AZ 85016

    1beds
    1baths
    1,073sqft
    Apartment
    Built in 1981
    -- sqft lot
    $238,500 Zestimate®
    $210/sqft
    $1,914 Estimated rent

    Home value

    $238,500

    $219,000 - $258,000

    $1,914/mo

    Zestimate® history
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    What's special

    Live in the heart of the Iconic Biltmore and enjoy walking to shopping, coffee, grocery, award winning restaurants all conveniently connected by a pedestrian gate. Gated community with 2 pools & 2 heated spas, gym, covered parking, and a club house overlooking the lake. Large ground floor unit in a quiet area of the complex but near pool area. Ground floor is convenient and cooler which helps with lower electric bills in the summer. Spacious patio w/ ample storage. Lock and leave lifestyle property or a great rental, if you are looking for an easy investment. New air conditioning in 2022. Complete renovation of all shared plumbing in 2023. Please note all that the HOA covers including hot water - no hot water heater to worry about. Owner only pays electric and cable/wifi.

    Zillow last checked:

    Listing updated:

    Listed by:

    Todd Lockwood 602-618-2917,

    HomeSmart

    Bought with:

    Martin Nadirsha, SA669742000

    HomeSmart

    Source: ARMLS,MLS#: 6589241MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Features
    • Granite Counters, 3/4 Bath Master Bdrm
    • Flooring: Carpet, Tile
    • Has basement: No
    • Common walls with other units/homes: Two Common Walls,Neighbor Above
    Interior area
    • Total structure area: 1,073
    • Total interior livable area: 1,073 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Gated, Assigned, Permit Required
    • Carport spaces: 1
    • Uncovered spaces: 1
    Features
    • Stories: 4
    • Patio & porch: Patio
    • Exterior features: Storage
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 1,044 Square Feet
    • Features: Desert Back, Desert Front
    Details
    • Parcel number: 16469412

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment
    • Attached to another structure: Yes
    Materials
    • Stucco, Block
    • Roof: Foam
    Condition
    • Year built: 1981
    Details
    • Warranty included: Yes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Gated, Community Spa Htd, Community Media Room, Biking/Walking Path, Fitness Center
    • Subdivision: Biltmore Terrace
    HOA
    • Has HOA: Yes
    • Services included: Roof Repair, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior
    • HOA fee: $559 monthly
    • HOA name: Biltmore Terrace
    • HOA phone: 480-396-4567
    • Second HOA fee: $300 annually
    • Second HOA name: Abeva
    • Second HOA phone: 602-955-1003
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $210/sqft
    • Tax assessed value: $243,600
    • Annual tax amount: $1,687
    • Date on market: 8/12/2023
    • Cumulative days on market: 177 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/25/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/31/2024Price change$1,650-5.7%$2/sqft
    Source: Zillow Rentals Report a problem
    5/15/2024Price change$1,750-2.8%$2/sqft
    Source: Zillow Rentals Report a problem
    4/29/2024Price change$1,800-5.3%$2/sqft
    Source: Zillow Rentals Report a problem
    4/10/2024Listed for rent$1,900$2/sqft
    Source: Zillow Rentals Report a problem
    4/10/2024Listing removed--
    Source: Zillow Rentals Report a problem
    4/5/2024Price change$1,900-2.6%$2/sqft
    Source: Zillow Rentals Report a problem
    3/30/2024Price change$1,950-4.9%$2/sqft
    Source: Zillow Rentals Report a problem
    3/15/2024Price change$2,050-2.4%$2/sqft
    Source: Zillow Rentals Report a problem
    3/4/2024Listed for rent$2,100+75%$2/sqft
    Source: Zillow Rentals Report a problem
    2/5/2024Sold$225,000-17.9%$210/sqft
    Source: ARMLS #6589241 Report a problem
    2/1/2024Contingent$274,000$255/sqft
    Source: HomeSmart #6589241 Report a problem
    1/23/2024Listed for sale$274,000$255/sqft
    Source: ARMLS #6589241 Report a problem
    12/18/2023Contingent$274,000$255/sqft
    Source: ARMLS #6589241 Report a problem
    8/27/2023Price change$274,000-7.1%$255/sqft
    Source: ARMLS #6589241 Report a problem
    8/12/2023Listed for sale$295,000+168.2%$275/sqft
    Source: ARMLS #6589241 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    2/20/2018Listing removed$1,200$1/sqft
    Source: Owner Report a problem
    1/18/2018Listed for rent$1,200+26.3%$1/sqft
    Source: Owner Report a problem
    11/28/2012Listing removed$950$1/sqft
    Source: Powerhouse Realty #4814983 Report a problem
    10/8/2012Price change$950-9.5%$1/sqft
    Source: Powerhouse Realty #4814983 Report a problem
    9/7/2012Listed for rent$1,050$1/sqft
    Source: Powerhouse Realty #4814983 Report a problem
    6/21/2012Sold$110,000-8.3%$103/sqft
    Source: ARMLS #4714190 Report a problem
    2/11/2012Listed for sale$120,000-7.7%$112/sqft
    Source: Coldwell Banker Residential Brokerage - Biltmore #4714190 Report a problem
    1/12/2005Sold$130,000+32.7%$121/sqft
    Source: Public Record Report a problem
    5/17/2002Sold$98,000$91/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,874 +4.9%$24,360 -7.3%
    2024$1,787 +2.7%$26,280 +101.4%
    2023$1,739 +3.1%$13,047 -28.5%
    2022$1,687 +0.7%$18,260 +8.5%
    2021$1,675 +2.2%$16,830 +10.3%
    2020$1,638 +2.5%$15,260 +4.8%
    2019$1,598 $14,560 +5.7%
    2018$1,598 +4.9%$13,780 +3.9%
    2017$1,523 +11.5%$13,260 +6.5%
    2016$1,365 +8.8%$12,450 +17.5%
    2015$1,255 $10,600 +26%
    2014-- $8,410 -4.4%
    2013-- $8,800 -13.3%
    2012-- $10,150 -5.1%
    2011-- $10,700 -29.8%
    2010-- $15,250 -5.6%
    2009-- $16,150 -32%
    2008-- $23,750 +65.5%
    2007-- $14,350 +38.6%
    2006-- $10,350
    2005-- $10,350
    2004-- $10,350
    2003-- $10,350 +19.7%
    2002-- $8,650
    Find assessor info on the county website

    Neighborhood: Camelback East

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Madison Elementary School
    • Middle: Madison #1 Middle School
    • High: Camelback High School
    • District: Madison Elementary District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $238,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $238,500