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3131 Central Ave

Phoenix, AZ 85012

2 bd 2 ba 1,112 sqft Built 2024 Lot 1,186 sqft condos
Most recent sale
$2,200,000
Dec 3, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 10, 2026 Sold $499,000 ArizonaRegionalMLS
Dec 3, 2025 Relisted $540,000 ArizonaRegionalMLS
May 10, 2025 Price changed $540,000 ArizonaRegionalMLS
May 18, 2022 Listed $557,900 MLS #6401730
Dec 3, 2021 Sold $2,200,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $2,730 $2,730 $104
2021 $2,730 $2,730 $106
2020 $2,625 $2,625 $103
2019 $2,445 $2,445 $99
2018 $900 $900 $95
2017 $930 $930 $88

Property facts

Year built
2024
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,112 sqft
Lot size
1,186 sqft
ZIP code
85012
City
Phoenix
Street
Central Ave
Coordinates
33.48502, -112.07285

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
$13,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3131 Central Ave last sell?
3131 Central Ave most recently sold on Dec 3, 2021 for $2,200,000.
What is the current tax assessment for 3131 Central Ave?
The most recent total assessment for 3131 Central Ave (year 2022) is $2,730 with $104 in property tax.
How does 3131 Central Ave's assessment compare to its last sale price?
The current assessment is 99.9% below the last sale price of $2,200,000.
When was 3131 Central Ave built?
3131 Central Ave was built in 2024.
How does 3131 Central Ave compare to others on Central Ave?
We track 8 other properties on Central Ave. Browse the list under "Other properties on Central Ave" to compare beds, baths, and sale history.
What are the property facts for 3131 Central Ave?
3131 Central Ave is a 2 bed, 2 bath, 1,112 sqft, 1,186 sqft lot condos.
Is 3131 Central Ave a flip candidate?
No — 3131 Central Ave does not appear in our flips dataset.
Is 3131 Central Ave a tax-appeal candidate?
No — 3131 Central Ave 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
-5.4%
Implied 1-yr
-21.4%
2026 Q3
$388.8K
2026 Q4
$357.5K
ZIP 85012 — Median Price History + Forecast

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