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5122 N 31 Way, 214, Phoenix, AZ 85016
$225,000



















Property Type:
Residential
Bedrooms:
1
Baths:
1
Square Footage:
1,073
Lot Size (sq. ft.):
1,044
Status:
Closed
Current Price:
$225,000
List Date:
8/12/2023
Last Modified:
5/07/2025
Description
Live in the heart of the Iconic Biltmore and enjoy walking to shopping, coffee, grocery, award winning restaurants all conveniently connected by a pedestrian gate. Gated community with 2 pools & 2 heated spas, gym, covered parking, and a club house overlooking the lake. Large ground floor unit in a quiet area of the complex but near pool area. Ground floor is convenient and cooler which helps with lower electric bills in the summer. Spacious patio w/ ample storage. Lock and leave lifestyle property or a great rental, if you are looking for an easy investment. New air conditioning in 2022. Complete renovation of all shared plumbing in 2023. Please note all that the HOA covers including hot water - no hot water heater to worry about. Owner only pays electric and cable/wifi.
More Information MLS# 6589241
Contract Information
Status Change Date: 2024-02-05
Sold Price: $225,000
Status: Closed
Current Price: $225,000
List Date: 2023-08-05
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 5122
Compass: N
Street Name: 31
St Suffix: Way
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85016
Country: US
County Code: Maricopa
Assessor Number: 164-69-412
Subdivision: Biltmore Terrace
Tax Year: 2022
General Property Description
Dwelling Type: Apartment
Dwelling Styles: Stacked
Exterior Stories: 4
# of Interior Levels: 1
# Bedrooms: 1
# Bathrooms: 1
Approx SQFT: 1073
Price/SqFt: 209.69
Horses: N
Builder Name: unknown
Year Built: 1981
Approx Lot SqFt: 1044
Approx Lot Acres: 0.024
Flood Zone: No
Pool: Community Only
Planned Comm Name: BILTMORE TERRACE CONDOMINIUMS
Marketing Name: BILTMORE TERRACE CONDOMIN
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Elementary School: Madison Elementary School
Jr. High School: Madison #1 Middle School
High School: Camelback High School
Remarks Misc
Cross Street: 32nd Street and Camelback
Directions: 32nd Street & Camelback Road Directions: North on 32nd Street from Camelback Road, left on Colter Street to Biltmore Terrace Condominiums. Unit is in Building 2, sharp left of the guard shack.
Geo Lat: 33.512347
Geo Lon: -112.015759
Status Change Info
Off Market Date: 2024-02-05
Under Contract Date: 2023-12-17
Close of Escrow Date: 2024-02-05
Sold Price: $225,000
Legal Info
Township: 2N
Range: 3E
Section: 14
Lot Number: 214
Association Fees
Association Fee 2: 300
Basement
Basement Y/N: N
Items Updated
Plmbg Partial/Full: Partial
Ht/Cool Yr Updated: 2022
Parking Spaces
Carport Spaces: 1
Slab Parking Spaces: 1
Total Covered Spaces: 1
Miscellaneous
Home Warranty: 1
Contact Info
List Agent Home Phn: 480-457-0322
Sold Info
Loan Type: Cash
Closing Cost Split: Buyer - B
Buyer Concession $/%: %
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Building Style: High Rise
Master Bathroom: 3/4 Bath Master Bdrm
Additional Bedroom: Master Bedroom Walk-in Closet
Fireplace Features: 1 Fireplace
Flooring: Carpet; Tile
Pool Features: No Pool
Spa: None
Community Features: Biking/Walking Path; Clubhouse/Rec Room; Community Media Room; Community Pool; Community Spa Htd; Gated; Workout Facility
Dining Area: Dining in LR/GR
Kitchen Features: Range/Oven Elec; Dishwasher; Built-in Microwave; Refrigerator; Granite Counters
Laundry: Washer Included; Dryer Included; Stacked Washer/Dryer
Other Rooms: Great Room
Exterior Features: Patio; Storage
Parking Features: Assigned Parking; Gated; Permit/Decal Req'd
Road Responsibility: Private Maintained Road
Construction: Block
Const - Finish: Stucco
Roofing: Foam
Cooling: Central Air; Ceiling Fan(s)
Heating: Electric
Utilities: SRP
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Block
Landscaping: Desert Front; Desert Back
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Supra
Possession: Close of Escrow
Unit Style: Two Common Walls; Neighbor Above; Ground Level
Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Water; Garbage Collection; Front Yard Maint; Common Area Maint; Street Maint
Existing 1st Loan: Conventional
Existing 1st Ln Trms: Non Assumable
New Financing: Cash; Conventional
Disclosures: Agency Discl Req
Documents
Listing Office: HomeSmart
Last Updated: May - 07 - 2025

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