$345,000

5122 N 31st Way Unit 238 Phoenix, AZ 85016

$4,097
Closing credit¹
1 bed
2 baths
1,170 sqft
0.03 acres
$295 / sqft
Condo

Property details

About 5122 N 31st Way Unit 238

Welcome to your beautifully remodeled home in the heart of the exclusive, gated Biltmore Terrace community. Thoughtfully redesigned with exquisite attention to detail, this bright and open space exudes modern elegance. A brand-new A/C (installed in 2022) ensures comfort year-round, while new LVT flooring throughout enhances the home's seamless, neutral aesthetic. The kitchen is a showstopper, featuring sleek two-toned cabinetry, quartz countertops, and an extended island perfect for entertaining. The primary suite offers a private retreat with direct patio access, while the stunningly updated bathroom boasts marble countertops. Enjoy resort-style living with access to two sparkling pools, a fitness center, a rec room, and beautifully landscaped grounds that connect to Biltmore Circle. Just steps from premier shopping and dining at 32nd St & Camelback, and minutes from Camelback Mountain, Old Town Scottsdale, and the Biltmore areathis location is truly unbeatable.

Highlights

Home typeCondominium
HeatingElectric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,170 sqft
Lot size0.03 Acres
Year built1981
ParkingAssigned, Detached, Unassigned
MLS #6828276

Summary

  • MLS Number: 6828276
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Compass
  • Office Phone: (480) 776-1555
  • Office Email: lexie@azhomes.com
  • Listing Agent: Cylie Lawrence

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© 2025 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: 4/20/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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doorway to property with stucco siding

$345,000

5122 N 31st Way Unit 238

$4,097

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 03, 2021
Home Sold
$236,218

Tax history

YearAssessmentProperty Tax
2024$28,830$1,689
2023$25,560$1,635
2022$20,260$1,668
2020$17,160$1,858
2019$16,370$1,772
2017$15,060$1,689

History based on county public records data.

Nearby schools

4

Madison Camelview Elementary School

Public District PK-4

1.4 mi

2002 E Campbell Ave

6

Arizona Autism Charter School

Public Charter KG-6

2.3 mi

4125 N 14th St

6

Madison Heights Elementary School

Public District PK-4

2.3 mi

7150 N 22nd St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $83,759. Most Phoenix, AZ residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
38%
35k-100k
26%
100k-200k
15%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

61%
Single, No Kids
2%
Single, with Kids
34%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
1%
12-17 yrs old
12%
18-34 yrs old
43%
35-64 yrs old
40%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Chico'sChico's
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • California Pizza KitchenCalifornia Pizza Kitchen

What do the neighbors drive?

  • LexusLexus
  • CadillacCadillac
  • MazdaMazda

What do the neighbors listen to?

  • NewsNews
  • ClassicalClassical
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5122 N 31st Way Unit 238

This home is located at 5122 N 31st Way Unit 238 in Phoenix, AZ and zip code 85016 in the Biltmore neighborhood. This 1,170 square foot home, which was built in 1981, sits on a 0.03 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 2, 2025 and is currently priced at $345,000.

In March 2025, from all listings sold in Phoenix, AZ there were more than 224 sold above asking price, over 812 sold below and more than 375 were sold right at the asked price. In March 2025 in Phoenix, AZ there were 9.3% more homes for sale than in February. In March 2025 median list price was $459,738 and the average listing age was 65 days.

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

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