$10,000 Closing Credit¹
#6846441, Megan Cynthia Ternes, Listing Office: HomeSmart
#6781912·
Listing office: Berkshire Hathaway HomeServices Arizona Properties·
Listing agent: Michael L Braden·
Listing office phone: 602-288-4400
$950,000 List price
5122 N 31st Way Unit 244 Phoenix, AZ 85016
$10,000
Closing credit¹
2 beds
3 baths
1,835 sqft
0.04 acres
$518 / sqft
Condo
Property details
About 5122 N 31st Way Unit 244
BILTMORE TERRACE PENTHOUSE a very tranquil lofty residence at ARIZONA BILTMORE ESTATES - 1,835'square foot plan often described as a 3-BR or 2-BR & Den with 2.5 baths along with the largest balcony available. Gated & Patrolled Links Golf Course at ARIZONA BILTMORE Low-Density Community. This is a PREMIUM Location, top floor with fireplace. Travertine flooring & granite counters. Two spacious Split-Master Ensuite Bedrooms, Instant-Hot-Water and full sized laundry along with the best available assigned parking space! Two community pools & spas, clubhouse is terraced overlooking the 3rd green & different lakes on the Links 3rd & 4th fairways, exercise fitness center and two bicycle storage facilities.
Highlights
Home typeCondominium
HeatingENERGY STAR Qualified Equipment, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,835 sqft
Lot size0.04 Acres
Year built1981
ParkingCircular Driveway, Separate Strge Area, Assigned, Detached, Unassigned, Gated, Permit Required
MLS #6781912
Fireplace1 Fireplace, Living Room
ViewCity Lights, Mountain(s)
Private poolYes
Summary
- Flooring Type: Carpet, Stone
- Interior: Eat-in Kitchen, Elevator, Furnished(See Rmrks), No Interior Steps, 2 Master Baths, 3/4 Bath Master Bdrm, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
- Fireplace: 1 Fireplace, Living Room
- Total Bedroom Count: 2
- Private Pool: Yes
- Parking: Circular Driveway, Separate Strge Area, Assigned, Detached, Unassigned, Gated, Permit Required
- View: City Lights, Mountain(s)
- Exterior: Balcony, Private Street(s), Built-in Barbecue
- Architectural Style: Contemporary
- Heating: ENERGY STAR Qualified Equipment, Electric
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $950,000
- Price/SqFt: $517
- HOA Amount: $1,124
- HOA Frequency: Monthly
- Annual Tax Amount: $3,445
- Tax Year: 2024
- Lot: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Grass Front
- Year Built: 1981
- Stories: 4
- Living Area: 1,835 SqFt
- Lot Size: 0.04 Acres
- MLS Number: 6781912
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Berkshire Hathaway HomeServices Arizona Properties
- Office Phone: (602) 288-4400
- Office Email: flb@forrestcan.com
- Listing Agent: Michael L Braden
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: 5/9/2025, 3:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$950,000
5122 N 31st Way Unit 244
$10,000
closing credit¹
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Seller rebate
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 16, 2005 | Home Sold | $325,000 |
| Jun 30, 1997 | Home Sold | $213,000 |
| Oct 23, 1992 | Home Sold | $140,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $40,270 | $3,445 |
| 2023 | $36,060 | $3,342 |
| 2022 | $28,850 | $3,371 |
| 2020 | $25,360 | $3,319 |
| 2019 | $24,430 | $3,166 |
| 2017 | $22,910 | $3,017 |
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.
Neighborhood
The neighbors living near this home have an average income of $83,759. Typical income of Phoenix, AZ residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living 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 Tennis
PGA/LPGA
Hiking/backpacking
Where do the neighbors shop?
Bloomingdales
Chico's
Nordstrom Rack
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
California Pizza Kitchen
What do the neighbors drive?
Lexus
Cadillac
Mazda
What do the neighbors listen to?
News
Classical
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5122 N 31st Way Unit 244
The listing price of 5122 N 31st Way Unit 244 property is $950,000.
The property 5122 N 31st Way Unit 244 is a condo located in Phoenix, Arizona, 85016.
Active Listing: 5122 N 31st Way Unit 244 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5122 N 31st Way Unit 244 are: Madison Camelview Elementary School (GreatSchools Rating 4/10), Arizona Autism Charter School (GreatSchools Rating 6/10), Madison Heights Elementary School (GreatSchools Rating 6/10), Biltmore Preparatory Academy (GreatSchools Rating 5/10), Villa Montessori - Phoenix Campus (GreatSchools Rating 9/10), Larry C. Kennedy School (GreatSchools Rating 2/10), Camelback High School (GreatSchools Rating 2/10), Madison Highland Preparatory (GreatSchools Rating 10/10), Arizona Autism Charter School Upper School Campus (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $3,445 (source: MLS/based on county public records data).
The last sale was on May 16, 2005 for $325,000 (source: MLS/tax record).
The property at 5122 N 31st Way Unit 244 has 2 bedrooms and 3 bathrooms.
The property 5122 N 31st Way Unit 244 is 1,835 SqFt (source: MLS/tax record).
The year of construction for 5122 N 31st Way Unit 244 is 1981.
This home is located at 5122 N 31st Way Unit 244 in Phoenix, AZ and zip code 85016 in the Biltmore neighborhood. This 1,835 square foot home, which was built in 1981, sits on a 0.04 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 9, 2024 and is currently priced at $950,000.
Over 217 listings were sold over their listed price in April 2025 in Phoenix, AZ. In the same period over 786 listings were sold below the listed price and 405 listings were sold for the listed price. In April 2025 in Phoenix, AZ there were 5.8% more homes for sale than in March. While the average time on the market in April 2025 was 67 days, the median list price was $457,998.
From Rocket Homes Real Estate and based on county public records data.