GOLF COURSE COMMUNITY & Contemporary Spacious Updates -TURN-KEY BILTMORE TERRACE at ARIZONA BILTMORE ESTATES controlled access gated & security patrolled -Enjoy Walking Paths 2 Pools+ 2 Spas, Clubhouse on the GOLF COURSE & LAKES Fitness Center ELEVATOR -Relaxing South Exposed Balcony for great natural light! CONVENIENCE: pedestrian access direct to BILTMORE PLAZA Restaurants+Safeway Grocery Stores! Spacious kitchen w plenty of cabinet+counter space & breakfast area. UPDATED both bathrooms w new vanities and LED Lighting+USB-charging plugs, carpeting Spacious master suite w dressing & conversation areas and double-sinks - desk! Inside full Laundry! Both Hot & Cold water included w HOA, on demand & unlimited!
For sale
$440,000
5122 N 31ST Way #227, Phoenix, AZ 85016
2beds
1,319sqft
Condominium
Built in 1981
-- sqft lot
$427,200 Zestimate®
$334/sqft
$819/mo HOA
What's special
Walking pathsInside full laundry
- 90 days
- 359
- 12
Zillow last checked:
Listing updated:
Listed by:
Michael L Braden 602-527-1166,
Berkshire Hathaway HomeServices Arizona Properties
Source: ARMLS,MLS#: 7039823
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- ENERGY STAR Qualified Equipment, Electric
Cooling
- Central Air, ENERGY STAR Qualified Equipment
Appliances
- Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Induction Cooktop, Electric Range, Electric Oven, Electric Cooktop, Water Purifier
- Laundry: Inside, Engy Star (See Rmks)
Features
- Non-laminate Counter, High Speed Internet, Smart Home, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Elevator, No Interior Steps, Pantry, 3/4 Bath Master Bdrm
- Windows: Double Pane Windows
- Has basement: No
- Has fireplace: No
- Common walls with other units/homes: Neighbor Below
Interior area
- Total structure area: 1,319
- Total interior livable area: 1,319 sqft
Property
Parking
- Total spaces: 2
- Parking features: Gated, Circular Driveway, Assigned
- Carport spaces: 1
- Uncovered spaces: 1
Accessibility
- Accessibility features: Zero-Grade Entry, Hard/Low Nap Floors, Exterior Curb Cuts, Bath Raised Toilet, Bath Grab Bars
Features
- Stories: 4
- Patio & porch: Covered, Patio
- Exterior features: Balcony, Private Street(s), Storage, Built-in Barbecue
- Has private pool: Yes
- Pool features: Fenced
- Has spa: Yes
- Spa features: Heated
- Fencing: Other,Block
- Has view: Yes
- View description: City Lights, Mountain(s)
Lot
- Size: 1,321 Square Feet
- Features: Borders Common Area, North/South Exposure, Corner Lot, Desert Back, Desert Front, Grass Front, Grass Back
Details
- Additional structures: Gazebo
- Parcel number: 16469463
Construction
Type & style
- Home type: Condo
- Architectural style: Mid-Century Modern,Contemporary
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco, Steel Frame, Low VOC Paint, Block
- Roof: Reflective Coating,Tile,Concrete,Foam
Condition
- Year built: 1981
Details
- Builder name: Scurr Messenger
Utilities & green energy
- Water: City Water
Green energy
- Energy efficient items: ENERGY STAR Light Fixture
- Water conservation: Tankless Ht Wtr Heat, Recirculation Pump
Community & HOA
Community
- Features: Pool, Golf, Lake, Gated, Community Spa, Community Spa Htd, Near Bus Stop, Community Media Room, Biking/Walking Path, Fitness Center
- Subdivision: TERRACE at BILTMORE ESTARES
HOA
- Has HOA: Yes
- Services included: Roof Repair, Insurance, Sewer, Maintenance Grounds, Other (See Remarks), Street Maint, Gas, Trash, Water, Roof Replacement, Maintenance Exterior
- HOA fee: $787 monthly
- HOA name: Biltmore Terrace
- HOA phone: 480-396-4567
- Second HOA fee: $385 annually
- Second HOA name: ABEVA
- Second HOA phone: 602-955-1003
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $334/sqft
- Tax assessed value: $293,600
- Annual tax amount: $2,684
- Date on market: 6/4/2026
- Cumulative days on market: 85 days
- Listing terms: Cash,Conventional,Also for Rent,Lease Purchase,VA Loan
- Ownership: Condominium
Estimated market value
$427,200
$406,000 - $449,000
$2,153/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Price change | $2,100-2.3%$2/sqft |
Source: ARMLS #7038592 Report a problem | ||
| 7/6/2026 | Price change | $2,150-4.4%$2/sqft |
Source: ARMLS #7038592 Report a problem | ||
| 6/10/2026 | Listed for sale | $440,000+3.5%$334/sqft |
Source:  ARMLS #7039823 Report a problem | ||
| 6/7/2026 | Listed for rent | $2,250-13.5%$2/sqft |
Source: ARMLS #7038592 Report a problem | ||
| 8/2/2025 | Listing removed | $2,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/21/2025 | Price change | $2,600+30%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/19/2025 | Listed for rent | $2,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/19/2025 | Listing removed | $2,000$2/sqft |
Source: ARMLS #6857713 Report a problem | ||
| 7/8/2025 | Listing removed | $425,000$322/sqft |
Source: BHHS broker feed #6751225 Report a problem | ||
| 5/17/2025 | Price change | $2,000-11.1%$2/sqft |
Source: ARMLS #6857713 Report a problem | ||
| 5/9/2025 | Price change | $2,250+1.4%$2/sqft |
Source: ARMLS #6857713 Report a problem | ||
| 5/8/2025 | Price change | $2,220-5.5%$2/sqft |
Source: ARMLS #6857713 Report a problem | ||
| 5/7/2025 | Price change | $2,350-2.1%$2/sqft |
Source: ARMLS #6857713 Report a problem | ||
| 4/26/2025 | Listed for rent | $2,400$2/sqft |
Source: ARMLS #6857713 Report a problem | ||
| 11/15/2024 | Price change | $425,000-10.5%$322/sqft |
Source: ARMLS #6751225 Report a problem | ||
| 10/22/2024 | Price change | $475,000-5%$360/sqft |
Source: ARMLS #6751225 Report a problem | ||
| 9/2/2024 | Listed for sale | $500,000+5.3%$379/sqft |
Source: ARMLS #6751225 Report a problem | ||
| 7/12/2024 | Listing removed | $474,900$360/sqft |
Source: BHHS broker feed #6681747 Report a problem | ||
| 5/24/2024 | Price change | $474,9000%$360/sqft |
Source: ARMLS #6681747 Report a problem | ||
| 5/5/2024 | Price change | $475,000-2.9%$360/sqft |
Source: ARMLS #6681747 Report a problem | ||
| 1/12/2024 | Price change | $489,000-5%$371/sqft |
Source: ARMLS #6614453 Report a problem | ||
| 5/18/2023 | Price change | $515,000-1.9%$390/sqft |
Source: ARMLS #6552946 Report a problem | ||
| 2/27/2023 | Listed for sale | $525,000+16.7%$398/sqft |
Source: ARMLS #6525112 Report a problem | ||
| 12/19/2022 | Listing removed | -- |
Source:  Berkshire Hathaway HomeServices Arizona Properties Report a problem | ||
| 12/15/2022 | Listed for sale | $450,000+80%$341/sqft |
Source: ARMLS #6371325 Report a problem | ||
| 3/5/2007 | Sold | $250,000$190/sqft |
Source: ARMLS #2680038 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,684 +4.9% | $29,360 -7.1% |
| 2024 | $2,559 +2.7% | $31,600 +69.1% |
| 2023 | $2,490 +3.1% | $18,686 -16.3% |
| 2022 | $2,416 +0.7% | $22,320 +7% |
| 2021 | $2,399 +2.3% | $20,860 +9.2% |
| 2020 | $2,346 +2.5% | $19,110 +4.6% |
| 2019 | $2,289 | $18,270 +4.2% |
| 2018 | $2,289 +4.9% | $17,530 +3.7% |
| 2017 | $2,181 +11.5% | $16,900 +7.2% |
| 2016 | $1,956 +6.4% | $15,770 +1.5% |
| 2015 | $1,838 | $15,530 +20.3% |
| 2014 | -- | $12,910 +17.9% |
| 2013 | -- | $10,950 -12.4% |
| 2012 | -- | $12,500 -2.7% |
| 2011 | -- | $12,850 -29.8% |
| 2010 | -- | $18,300 -11.4% |
| 2009 | -- | $20,650 -31.8% |
| 2008 | -- | $30,300 +62% |
| 2007 | -- | $18,700 +50.2% |
| 2006 | -- | $12,450 |
| 2005 | -- | $12,450 +4.2% |
| 2004 | -- | $11,950 |
| 2003 | -- | $11,950 +14.9% |
| 2002 | -- | $10,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Camelback East
Nearby schools
Schools provided by the listing agent
- Elementary: Madison #1 Elementary School
- Middle: Madison #1 Elementary 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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