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5124 31st Pl

Phoenix, AZ 85016

1 bd 2 ba 1,211 sqft Built 1981 Lot 1,220 sqft condos
Most recent sale
$275,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 9, 2025 Price changed $320,000 ArizonaRegionalMLS
Jul 2, 2025 Price changed $321,000 ArizonaRegionalMLS
Jun 25, 2025 Price changed $322,000 ArizonaRegionalMLS
Jun 18, 2025 Price changed $323,000 ArizonaRegionalMLS
Jun 11, 2025 Price changed $324,000 ArizonaRegionalMLS
Jun 4, 2025 Price changed $325,000 ArizonaRegionalMLS
May 28, 2025 Price changed $326,000 ArizonaRegionalMLS
May 21, 2025 Price changed $327,000 ArizonaRegionalMLS
May 14, 2025 Price changed $328,000 ArizonaRegionalMLS
May 7, 2025 Price changed $329,000 ArizonaRegionalMLS
Apr 17, 2025 Listed $330,000 ArizonaRegionalMLS
May 25, 2023 Price changed for rent $2,200 ArizonaRegionalMLS
May 9, 2023 Listed for rent $2,500 ArizonaRegionalMLS
Apr 22, 2022 Sold $275,000 MLS #6375389
Mar 29, 2022 Listed $275,000 MLS #6375389
Mar 16, 2007 Sold $250,000 Public Record
Feb 14, 1997 Sold $105,700 Public Record
Dec 11, 1992 Sold $68,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $27,250 $1,857
2024 $27,250 $1,766
2023 $29,370 $2,011
2022 $16,470 $4,110 $20,580 $1,947
2021 $15,300 $3,820 $19,120 $2,248
2020 $13,960 $3,490 $17,450 $2,212
2019 $13,350 $3,330 $16,680 $2,164
2018 $12,730 $3,180 $15,910 $2,110
2017 $12,260 $3,060 $15,320 $2,011
2016 $11,490 $2,870 $14,360 $1,942
2015 $11,460 $2,860 $14,320 $1,583
2014 $9,460 $2,360 $11,820 $1,486
2013 $8,080 $2,020 $10,100 $1,339
2012 $8,080 $2,020 $10,100 $1,396
2011 $9,240 $2,310 $11,550 $1,325
2009 $15,480 $3,870 $19,350 $1,591
2008 $22,680 $5,670 $28,350 $1,776
2007 $13,920 $3,480 $17,400 $1,328

Property facts

Year built
1981
Property type
condos
Stories
4
Beds
1
Baths
2
Living area
1,211 sqft
Lot size
1,220 sqft
ZIP code
85016
City
Phoenix
Street
31st Pl
Coordinates
33.51265, -112.01641

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
$1,877
Gross rental yield
8.19%
Implied cap rate
5.32%
Trend-extrapolated value

Frequently asked questions

When did 5124 31st Pl last sell?
5124 31st Pl most recently sold on Apr 22, 2022 for $275,000.
What is the current tax assessment for 5124 31st Pl?
The most recent total assessment for 5124 31st Pl (year 2025) is $27,250 with $1,857 in property tax.
How does 5124 31st Pl's assessment compare to its last sale price?
The current assessment is 90.1% below the last sale price of $275,000.
When was 5124 31st Pl built?
5124 31st Pl was built in 1981.
How does 5124 31st Pl compare to others on 31st Pl?
We track 8 other properties on 31st Pl. Browse the list under "Other properties on 31st Pl" to compare beds, baths, and sale history.
What are the property facts for 5124 31st Pl?
5124 31st Pl is a 1 bed, 2 bath, 1,211 sqft, 1,220 sqft lot condos.
Is 5124 31st Pl a flip candidate?
No — 5124 31st Pl does not appear in our flips dataset.
Is 5124 31st Pl a tax-appeal candidate?
No — 5124 31st Pl 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
+4.6%
Implied 1-yr
+18.4%
2026 Q3
$1.15M
2026 Q4
$1.15M
ZIP 85016 — Median Price History + Forecast

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