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16031 1st St

Phoenix, AZ 85048

4 bd 3 ba 2,846 sqft Built 1994 Lot 10,890 sqft single_family
Most recent sale
$750,000
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 9, 2022 Sold $750,000 MLS #6376394
Apr 25, 2022 Relisted $800,000 MLS #6376394
Apr 8, 2022 Listed $800,000 MLS #6376394
Mar 27, 2014 Listing removed $549,000 ArizonaRegionalMLS
Feb 19, 2014 Listed $549,000 MLS #5072165
Jul 11, 2000 Sold $364,000 Public Record
Dec 24, 1997 Sold $323,000 Public Record
Sep 30, 1994 Sold $298,307 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $64,000 $4,811
2024 $64,000 $4,663
2023 $69,730 $4,558
2022 $36,820 $9,200 $46,020 $4,338
2021 $34,400 $8,600 $43,000 $4,465
2020 $32,860 $8,210 $41,070 $4,347
2019 $32,660 $8,160 $40,820 $4,200
2018 $31,760 $7,940 $39,700 $4,052
2017 $32,340 $8,080 $40,420 $3,856
2016 $31,580 $7,890 $39,470 $3,893
2015 $31,260 $7,810 $39,070 $3,440
2014 $25,130 $6,280 $31,410 $3,359
2013 $21,870 $5,460 $27,330 $2,989
2012 $21,870 $5,460 $27,330 $3,487
2011 $27,080 $6,770 $33,850 $3,825
2009 $36,330 $9,080 $45,410 $3,680
2008 $41,080 $10,270 $51,350 $3,578
2007 $39,640 $9,910 $49,550 $3,660

Property facts

Year built
1994
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,846 sqft
Lot size
10,890 sqft
ZIP code
85048
City
Phoenix
Street
1st St
Coordinates
33.30100, -112.07790

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,411
Gross rental yield
7.06%
Implied cap rate
4.59%
Trend-extrapolated value

Frequently asked questions

When did 16031 1st St last sell?
16031 1st St most recently sold on May 9, 2022 for $750,000.
What is the current tax assessment for 16031 1st St?
The most recent total assessment for 16031 1st St (year 2025) is $64,000 with $4,811 in property tax.
How does 16031 1st St's assessment compare to its last sale price?
The current assessment is 91.5% below the last sale price of $750,000.
When was 16031 1st St built?
16031 1st St was built in 1994.
How does 16031 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 16031 1st St?
16031 1st St is a 4 bed, 3 bath, 2,846 sqft, 10,890 sqft lot single_family.
Is 16031 1st St a flip candidate?
No — 16031 1st St does not appear in our flips dataset.
Is 16031 1st St a tax-appeal candidate?
No — 16031 1st St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.6%
Implied 1-yr
-6.3%
2026 Q3
$534K
2026 Q4
$524.6K
ZIP 85048 — Median Price History + Forecast

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