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Sold for $340,000
  • $340,000

    5124 N 31st Place #546, Phoenix, AZ 85016

    1beds
    1baths
    1,240sqft
    Condominium
    Built in 1981
    -- sqft lot
    $332,400 Zestimate®
    $274/sqft
    $1,950 Estimated rent

    Home value

    $332,400

    $302,000 - $366,000

    $1,950/mo

    Zestimate® history
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    What's special

    Largest sized balcony
    This is the MOST DESIRABLE LOCATION in the MOST REQUESTED COMMUNITY at the ARIZONA BILTMORE Peacefully Quiet - One Owner Since 1999! PEDESTRIAN FRIENDLY gated & patrolled... enjoy direct convenient automated access to BILTMORE PLAZA SHOPPING CENTER for all your Starbucks, banking, Safeway grocery +specialty Shops & Fine-Dining RESTAURANT needs like TARBELL'S, THE WINE STORE, HAVA JAVA, at BILTMORE PLAZA SHOPPING CENTER. Onsite CLUBHOUSE & FITNESS CENTER. ....SOLID BUILT ... Concrete Masonry Block between units... (NOT Wood Frame) STEEL FRAMED CONSTRUCTION with concrete slab both above & below every unit! THIS NEVER WAS an apartment bldg. like the Meridian condos next door on 32nd Street which were apartments. 2 SEPARATE POOLS each w SPA'S, and BBQ set up VERY QUIET & LOW DENSITY

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael L Braden 602-527-1166,

    Berkshire Hathaway HomeServices Arizona Properties

    Bought with:

    Zee Arekat, BR106529000

    Compass

    Nick Arekat, SA522994000

    Compass

    Source: ARMLS,MLS#: 6769917MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Primary bedroom
    • Description: Top Floor Penthouse
    • Level: Main
    • Area: 216
    • Dimensions: 18.00 x 12.00
    Other
    • Description: Top Floor Penthouse
    • Level: Main
    • Area: 220
    • Dimensions: 22.00 x 10.00
    Dining room
    • Description: Top Floor Penthouse
    • Level: Main
    • Area: 168
    • Dimensions: 14.00 x 12.00
    Kitchen
    • Description: Top Floor Penthouse
    • Level: Main
    • Area: 162
    • Dimensions: 18.00 x 9.00
    Living room
    • Description: Top Floor Penthouse
    • Level: Main
    • Area: 252
    • Dimensions: 18.00 x 14.00
    Other
    • Description: Top Floor Penthouse
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dryer, Washer, Refrigerator, Dishwasher, Disposal, Electric Cooktop
    • Laundry: Inside
    Features
    • High Speed Internet, Elevator, No Interior Steps, Wet Bar, Full Bth Master Bdrm
    • Flooring: Carpet, Tile
    • Windows: Double Pane Windows
    • Has basement: No
    • Common walls with other units/homes: Neighbor Below,End Unit
    Interior area
    • Total structure area: 1,240
    • Total interior livable area: 1,240 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Unassigned, Gated, Assigned, Detached
    • Carport spaces: 1
    • Uncovered spaces: 1
    Accessibility
    • Accessibility features: Zero-Grade Entry, Hard/Low Nap Floors, Accessible Hallway(s)
    Features
    • Stories: 4
    • Patio & porch: Covered, Patio
    • Exterior features: Balcony, Private Street(s), Storage, Built-in Barbecue
    • Pool features: None
    • Spa features: None
    • Fencing: Other,Block
    • Has view: Yes
    • View description: City Lights, Mountain(s)
    • Waterfront features: Waterfront
    Lot
    • Size: 1,568 Square Feet
    • Features: East/West Exposure, Waterfront, Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, On Golf Course, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
    Details
    • Additional structures: Gazebo
    • Parcel number: 16469577

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco, Steel Frame, Painted, Block
    • Roof: Other,Reflective Coating,Tile,Foam
    Condition
    • Year built: 1981
    Details
    • Builder name: Scurr-Messenger

    Utilities & green energy

    • Electric: 220 Volts in Kitchen
    • Water: City Water
    Green energy
    • Water conservation: Tankless Ht Wtr Heat, Recirculation Pump

    Community & HOA

    Community
    • Features: Pool, Golf, Lake, Gated, Community Spa, Community Spa Htd, Near Bus Stop, Biking/Walking Path, Fitness Center
    • Security: Security Guard
    • Subdivision: Biltmore Terrace at Biltmore Estates
    HOA
    • Has HOA: Yes
    • Services included: Roof Repair, Insurance, Sewer, Maintenance Grounds, Street Maint, Front Yard Maint, Gas, Trash, Water, Roof Replacement, Maintenance Exterior
    • HOA fee: $738 monthly
    • HOA name: Biltmore Terrace
    • HOA phone: 480-396-4567
    • Second HOA fee: $325 annually
    • Second HOA name: ABEVA
    • Second HOA phone: 602-955-1003
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $274/sqft
    • Tax assessed value: $308,800
    • Annual tax amount: $2,340
    • Date on market: 10/27/2024
    • Cumulative days on market: 113 days
    • Listing terms: Cash
    • Ownership: Condominium
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    2/14/2025Sold$340,000-9.3%$274/sqft
    Source: ARMLS #6769917 Report a problem
    1/29/2025Pending sale$375,000$302/sqft
    Source: BHHS broker feed #6769917 Report a problem
    1/28/2025Contingent$375,000$302/sqft
    Source: Berkshire Hathaway HomeServices Arizona Properties #6769917 Report a problem
    1/22/2025Price change$375,000-11.8%$302/sqft
    Source: ARMLS #6769917 Report a problem
    10/27/2024Listed for sale$425,000+226.9%$343/sqft
    Source: ARMLS #6769917 Report a problem
    1/29/1999Sold$130,000+8.3%$105/sqft
    Source: Public Record Report a problem
    2/17/1998Sold$120,000$97/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,270 -5.6%$30,880 -6.1%
    2024$2,404 +2.8%$32,900 +87.4%
    2023$2,340 +3.1%$17,557 -31.2%
    2022$2,270 +14%$25,520 +15.1%
    2021$1,991 +2.3%$22,180 +2.9%
    2020$1,946 +2.7%$21,550 +16.8%
    2019$1,895 $18,450 +2.3%
    2018$1,895 +5.3%$18,030 +2.4%
    2017$1,799 +11.5%$17,600 +2.6%
    2016$1,613 -3.1%$17,150 -8.4%
    2015$1,665 $18,730 +22.7%
    2014-- $15,270 +52.7%
    2013-- $10,000 -12.7%
    2012-- $11,450 -4.6%
    2011-- $12,000 -29.8%
    2010-- $17,100 -33.1%
    2009-- $25,550 -31.9%
    2008-- $37,500 +68.2%
    2007-- $22,300 +97.3%
    2006-- $11,300
    2005-- $11,300
    2004-- $11,300
    2003-- $11,300 +18.9%
    2002-- $9,500
    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 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
    $332,400
    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
    $332,400