Welcome to the most coveted building in the exclusive Biltmore Terrace community, where breathtaking golf/lakeside views & unparalleled convenience await. This exceptional second-floor condo offers elevator access & showcases an unrivaled panorama of the iconic Biltmore Golf Course's 3rd green, two sparkling lakes, & a stunning mountain backdrop. Step into an oversized one-bedroom retreat, perfectly designed for effortless lock-and-leave living. Just minutes from the airport, you'll find yourself surrounded by world-class dining, high-end shopping, & championship golf courses. Enjoy the luxurious amenities of this gated community, including 2 resort-style pools with hot tubs, a fitness center, and an elegant clubhouse. Don't miss your chance to own a piece of paradise at Biltmore Terrace!
Sold for $296,000
$296,000
5124 N 31ST Place #523, Phoenix, AZ 85016
1beds
1baths
1,032sqft
Condominium
Built in 1981
-- sqft lot
$290,500 Zestimate®
$287/sqft
$1,769 Estimated rent
Home value
$290,500
$264,000 - $320,000
$1,769/mo
Zestimate® history
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List your homeWhat's special
Fitness centerExceptional second-floor condoElegant clubhouseOversized one-bedroom retreatUnrivaled panorama
Zillow last checked:
Listing updated:
Listed by:
Aladin S. Abdin 602-448-3805,
Russ Lyon Sotheby's International Realty
Bought with:
Non-Represented Buyer
Non-MLS Office
Source: ARMLS,MLS#: 6801160
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Bedroom
- Area: 192
- Dimensions: 16.00 x 12.00
Great room
- Area: 425
- Dimensions: 25.00 x 17.00
Kitchen
- Area: 162
- Dimensions: 18.00 x 9.00
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Electric Cooktop
Features
- High Speed Internet, 9+ Flat Ceilings, Elevator, No Interior Steps, Pantry, Full Bth Master Bdrm
- Flooring: Carpet, Tile
- Windows: Double Pane Windows
- Has basement: No
- Common walls with other units/homes: Neighbor Below,Neighbor Above
Interior area
- Total structure area: 1,032
- Total interior livable area: 1,032 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Stories: 4
- Patio & porch: Covered, Patio
- Exterior features: Balcony, Private Yard
- Pool features: None
- Spa features: None
- Fencing: Other,Wrought Iron
- On waterfront: Yes
- Waterfront features: Waterfront
Lot
- Size: 1,053 Square Feet
- Features: Waterfront, Desert Front, On Golf Course, Gravel/Stone Front, Grass Back
Details
- Parcel number: 16469483
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco, Painted, Block
- Roof: Tile,Foam
Condition
- Fixer
- Year built: 1981
Details
- Builder name: Scurr-Messinger
Utilities & green energy
- Electric: 220 Volts in Kitchen
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Features: Golf, Lake, Gated, Community Spa, Community Spa Htd, Community Pool, Near Bus Stop, Biking/Walking Path, Fitness Center
- Subdivision: BILTMORE TERRACE CONDOMINIUMS
HOA
- Has HOA: Yes
- Services included: Roof Repair, Insurance, Sewer, Maintenance Grounds, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior
- HOA fee: $578 monthly
- HOA name: Biltmore Terrace
- HOA phone: 480-600-6567
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $287/sqft
- Tax assessed value: $276,200
- Annual tax amount: $1,733
- Date on market: 9/15/2025
- Cumulative days on market: 72 days
- Listing terms: Cash,Conventional,1031 Exchange
- Ownership: Condominium
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2025 | Sold | $296,000-1.3%$287/sqft |
Source:  ARMLS #6801160 Report a problem | ||
| 3/20/2025 | Pending sale | $300,000$291/sqft |
Source: ARMLS #6801160 Report a problem | ||
| 1/7/2025 | Listed for sale | $300,000+123.9%$291/sqft |
Source: ARMLS #6801160 Report a problem | ||
| 5/21/2004 | Sold | $134,000+62.4%$130/sqft |
Source: ARMLS #2131614 Report a problem | ||
| 12/8/1995 | Sold | $82,500$80/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,823 +5.2% | $27,620 -6% |
| 2024 | $1,733 +3% | $29,380 +103.7% |
| 2023 | $1,683 +3.3% | $14,420 -36.5% |
| 2022 | $1,629 -0.4% | $22,700 +15.6% |
| 2021 | $1,635 +2.3% | $19,630 +3.6% |
| 2020 | $1,598 +2.7% | $18,950 +17.3% |
| 2019 | $1,556 | $16,150 +2.7% |
| 2018 | $1,556 +5.3% | $15,730 +2.6% |
| 2017 | $1,477 +11.5% | $15,330 +3.5% |
| 2016 | $1,325 +4% | $14,810 +9.9% |
| 2015 | $1,274 | $13,480 +28% |
| 2014 | -- | $10,530 +24.6% |
| 2013 | -- | $8,450 -13.8% |
| 2012 | -- | $9,800 -5.3% |
| 2011 | -- | $10,350 -30.1% |
| 2010 | -- | $14,800 -15.2% |
| 2009 | -- | $17,450 -31.8% |
| 2008 | -- | $25,600 +51% |
| 2007 | -- | $16,950 +67.8% |
| 2006 | -- | $10,100 |
| 2005 | -- | $10,100 -0.5% |
| 2004 | -- | $10,150 |
| 2003 | -- | $10,150 +20.1% |
| 2002 | -- | $8,450 |
Find assessor info on the county website
Neighborhood: Camelback East
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Nearby schools
GreatSchools rating
- 5/10Madison #1 Elementary SchoolGrades: 5-8Distance: 1.7 mi
- 3/10Camelback High SchoolGrades: 9-12Distance: 0.6 mi
- 8/10Madison Rose Lane SchoolGrades: PK-4Distance: 2.6 mi
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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Estimated market value
$290,500
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
$290,500
- Arizona
- Maricopa County
- Phoenix
- 85016
- Camelback East
- 5124 N 31ST Place Unit 523
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