
Phoenix, AZ 85012
This Modern New Construction Condominium is listed at $448,000, offering a fair entry point at its $448,000 Fair Market Value. Boasting a Condition Rating of 2, this 2024 build provides a sophisticated, turnkey lifestyle featuring 10-foot ceilings, a chef's kitchen with quartz countertops, and a private balcony with city skyline and mountain views. Residents benefit from resort-style amenities, including a lap pool and a 2,000 sq. ft. fitness center in a prime Midtown location. This high-end unit is a premier choice for Urban Professionals or Owner-Occupants seeking a maintenance-free sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3131 N CENTRAL Avenue 4014 Subject | $400,000* List Price | 2 | 2 | 1,125 | $356 | - |
A 3131 N CENTRAL Avenue 6011 Sold | $499,000 | 2 | 2 | 1,112 | $449 | 0.0 mi |
B 3131 N CENTRAL Avenue 6010 Sold | $435,000 | 2 | 2 | 1,109 | $392 | 0.0 mi |
C 3131 N CENTRAL Avenue 4015 Sold | $518,000 | 2 | 2 | 1,363 | $380 | 0.0 mi |
D 3131 N CENTRAL Avenue 3013 Sold | $399,000 | 2 | 2 | 1,125 | $355 | 0.0 mi |
E 3131 N Central Avenue 4007 Sold | $483,500 List Price | 2 | 2 | 1,374 | 0.0 mi | |
F 3131 N CENTRAL Avenue 3004 Sold | $340,000 | 1 | 2 | 808 | $421 | 0.0 mi |
G 3131 N CENTRAL Avenue 6021 Pending | $509,250 List Price | 2 | 2 | 1,125 | $453 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a brand-new 2024 construction featuring high-end modern finishes throughout. The chef's kitchen is equipped with new stainless steel appliances, a gas range, and quartz countertops. The unit boasts 10-foot ceilings, contemporary wood-look flooring, and updated fixtures, meeting all criteria for the highest quality condition with no deferred maintenance.
As a 2024 build, this unit features contemporary finishes including 10-foot ceilings, quartz countertops, and a chef's kitchen with a gas range, offering a turnkey experience with no immediate maintenance needs.
The property offers an exceptional urban lifestyle with access to a 2,000 sq. ft. fitness center, a lap pool, and a secure gated parking garage, providing high value for active residents.
Situated on Central Avenue, the condo provides a central urbanite lifestyle with a private balcony overlooking the pool and common areas, blending city living with pleasant views.
The monthly association fee of $640 is significant for a 1,125 sq. ft. unit, which may impact the overall affordability and long-term investment yield for some buyers.
The assigned public schools, such as Central High and Encanto School, carry lower ratings (3/10), which could be a deterrent for families prioritizing top-tier educational districts.
*Construction Completed* Introducing Edison Midtown Phase 2 with 60 new construction condominiums. This spacious two bedroom condo offers ten ft. ceilings, an open floor plan, and large master bedroom with ensuite bathroom. Chefs kitchen offers expansive cabinetry, quartz countertops and stainless steel appliances including a gas range. Located on the 4th floor with North facing city views. Edison Midtown features incredible amenities for that perfect Urbanite lifestyle. A beautiful pool and lap pool, 2000 sq. ft. fitness center and lounge, and gated parking garage.
No exterior & parking available.
Grades PK-8 • 1.0 mi
Grades PK-8 • 1.0 mi
Grades 7-8 • 1.7 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 | 1,125 | 1,125 | 50% |
| Lot Size | 1,201 | 1,186 | 68% |
| Price | $400.0K | $340.0K | 68% |
| Price per sq ft | $356 | $356 | 50% |
| Built year | 2024 | 2018 | 68% |
| HOA | $640 | $533 | 63% |
| Days on market | 923 | 1104 | 37% |
Apr 20, 2026
$400,000
$448,000
-11% Price Drop
Initial Listing
Oct 16, 2023
$448,000
Initial Listing