1701 E Colter Street 148, Phoenix, AZ 85016, Phoenix, 85016 - 2 bed, 2 bath
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Phoenix, AZ 85016
This Resort-Style Urban Condominium is listed at $397,990, representing a stable market entry aligned with its $395,563 Fair Market Value. Boasting a Condition Rating of 3, this move-in ready residence features 9-foot ceilings, a granite kitchen, and a private patio. The standout feature is a rare assumable VA loan at 4.875% with no mortgage insurance, offering an incredible lifestyle advantage. Located in the gated Biltmore Square with resort pools, it provides a sophisticated sanctuary near Madison #1 Elementary (rated 6/10). This is a perfect match for VA-eligible buyers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1701 E Colter Street 148 Subject | $397,990* List Price | 2 | 2 | 999 | $396 | - |
A 1701 E COLTER Street 150 Sold | $313,500 List Price | 2 | 2 | 790 | 0.0 mi | |
B 4808 N 24TH Street 1427 Sold | $479,000 | 2 | 2 | 1,089 | $440 | 0.8 mi |
C 4808 N 24TH Street 1427 Sold | $479,000 | 2 | 2 | 1,089 | $440 | 0.8 mi |
D 4808 N 24TH Street 1427 Sold | $479,000 | 2 | 2 | 1,089 | $440 | 0.8 mi |
E 2025 E CAMPBELL Avenue 368 Sold | $302,000 | 2 | 2 | 1,076 | $281 | 0.9 mi |
F 1701 E COLTER Street 178 Active | $305,000 List Price | 2 | 2 | 999 | $305 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring an open floor plan with 9-foot ceilings. Although built in 2003 (21 years ago), the kitchen is equipped with granite countertops and upgraded wood cabinetry, and the bathrooms feature modern vanities and Roman-style soaking tubs. The flooring and fixtures appear to be in good condition with minimal wear, meeting the criteria for a well-maintained home that does not require immediate renovation.
The property offers a rare assumable VA loan at a 4.875% interest rate with no mortgage insurance, providing a significant financial advantage in the current high-rate market.
Residents have access to premium community features including three pools, a two-story fitness center, and a gated four-story parking garage, enhancing the lifestyle value.
Centrally located within walking distance to high-end shopping and dining, with immediate access to the 51 Freeway and Sky Harbor International Airport.
The assigned public schools carry modest ratings, particularly the local high school at a 4/10, which may be a drawback for education-focused families.
At 999 square feet for a two-bedroom, two-bathroom configuration, the unit may feel slightly confined for buyers looking for more expansive interior proportions.
ASSUMABLE VA LOAN AT 4.875%!! No MI!! Don't miss out on this spacious 2-bed, 2-bath condo with an open floor plan and 9-foot ceilings. The master suite features a Roman-style soaking tub, while the kitchen offers granite countertops, upgraded wood cabinetry, and a breakfast bar. Additional features include upgraded carpeting, a walk-in laundry room with full-size washer/dryer, and plenty of storage. Enjoy resort-style amenities: 3 pools, a Jacuzzi, a 2-story fitness center, business center, conference room, and BBQs. The gated complex includes a 4-story parking garage, with HOA management onsite. Conveniently located near the 51 Freeway, Sky Harbor, downtown, and walking distance to shopping and dining. A rare opportunity in a top location!
No exterior & parking available.
Grades 5-8 • 0.4 mi
Grades PK-4 • 1.3 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 999 | 1,185 | 22% |
| Lot Size | 937 | 995 | 46% |
| Price | $398.0K | $381.5K | 55% |
| Price per sq ft | $398 | $312 | 71% |
| Built year | 2003 | 1984 | 71% |
| HOA | $322 | $363 | 43% |
| Days on market | 270 | 1430 | 32% |
Jul 30, 2025
$397,990
Initial Listing