tomo logo

$379,000

Beds
2
Baths
2.0
sq ft
1,319

5122 North 31st Way Unit 217, Phoenix, AZ 85016

5122 North 31st Way Unit 217

Phoenix, AZ 85016

  • 2 days on market
GORGEOUS REMODELED GROUND FLOOR CONDO!!! This is the floorplan everyone desires. A light bright updated condo with two huge bedrooms and bathrooms. Location is ideal within the gated Biltmore neighborhood. Walking distance to shopping, dining, golfing and more. Short drive to hiking and mountain biking! Newer cabinets, appliances, quartz counters in bathrooms and kitchen. newer tile flooring, fresh paint, and brand new HVAC system. Lovely outdoor covered patio with storage unit. Heated community pool, spa, and gym with a Peloton. Home comes with 1 covered parking space, and plenty of guest parking.

Details

Property type

Condominium

Est. home value

$369,735

Lot size

1,321 sq ft

Price per sq ft

$288

Year built

1981

Annual property taxes

$1,916

Monthly HOA fee

$787.24

Price History

01/02/2025
ArizonaRegional

ArizonaRegional #6799429

Listed
$379,000
+14.85%
05/06/2022
ArizonaRegional

ArizonaRegional #6343180

Sold
$330,000
+35.25%
10/04/2018
ArizonaRegional

ArizonaRegional #5744369

Sold
$244,000

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Madison #1 Elementary School

Middle school: 

Madison Meadows School

High school: 

Camelback High School

Community features: 

Gated, Golf, Clubhouse, Fitness Center, Pool, Sidewalks

High school district: 

Phoenix Union High School District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$130,686
Asking price
$379,000
Closing costs (~8% of asking)
-$30,320
Est. remaining loan balance
-$217,994
Cash to seller
$130,686

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

June 2022

Original loan amount

$227,000

Est. remaining balance

$217,994

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Christopher N Hunt and Susan S Hunt

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/04/2025 at 10:20 PM

Listing updated: 01/03/2025 at 6:15 PM

Listed by: Babbi L Gabel, RETSY Phone #: (602) 842-0000

MLS: ArizonaRegional #6799429

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