NOT LISTED FOR SALE

Edison Midtown 3131 N Central Ave Unit 4011 Phoenix, AZ 85012

Midtown Phoenix Neighborhood

Estimated Value: $531,000 - $644,000

2 Beds
2 Baths
1,125 Sq Ft
$508/mo HOA Fee

Last Sold June 26, 2024

Last sale price $550,308 $489 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,402/month

1 Day on Market

Highlights

  • Fitness Center
  • 3-minute walk to Osborn/Central Ave
  • Gated Community
  • Phoenix Coding Academy Rated A
  • Gated Parking
  • Contemporary Architecture

About This Home

As of June 2024

Introducing Edison Midtown Phase 2 with 60 new construction condominiums. This spacious two bedroom condo is an end unit and 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. Enjoy the views over the pool and common areas from the spacious balcony. 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.

Last Agent to Sell the Property

James Cavanaugh

The Agency License #SA630963000 Listed on: 05/12/2022

The Agency

Co-Listed By

Marilyn Cavanaugh

The Agency License #SA551199000

Last Buyer's Agent

Aleca Sayler

RETSY License #SA669775000

RETSY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $106

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • End Unit
  • Desert faces the front and back of the property
  • Artificial Turf

HOA Fees

  • $508 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Home to be built
  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 1,125 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Flooring
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Schools

  • Encanto Elementary School
  • Clarendon Middle School
  • Central High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Property is near public transit

Listing and Financial Details

  • Tax Lot 4011
  • Assessor Parcel Number 118-34-563

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, gas, trash, water, roof replacement, maintenance exterior
  • The Management Trust Association, Phone Number (480) 284-5551
  • Built by Tannin Developments
  • Edison Midtown Condominiums Subdivision
  • 7-Story Property

Recreation

  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$106

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$508 per month

Parking

2

Listing Details

  • Cross Street: Central & Osborn
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 508.01
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2022
  • Tax Year: 2021
  • Directions: From Central Ave go east on Monterey
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: agen01
  • Co List Office Phone: 480-739-5110
  • Subdivision Name: EDISON MIDTOWN CONDOMINIUMS
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 508.01
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Vinyl
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Zero-Grade Entry
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 9+ Flat Ceilings, No Interior Steps, Full Bth Master Bdrm
  • Living Area: 1125.0
  • Stories: 7
  • Window Features: Low-Emissivity Windows, Dual Pane
  • ResoLivingAreaSource: Assessor
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: Desert Back, Desert Front, Synthetic Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: End Unit
  • Construction Type: Stucco, Wood Frame, Painted
  • Property Condition: To Be Built, Under Construction
  • Roof: Built-Up, Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes
  • Construction Status:Under Construction: Yes
  • Construction Status:To Be Built: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned, Community Structure, Gated
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Near Light Rail Stop, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 508.01
  • Association Fee Frequency: Monthly
  • Association Name: Edison Midtown
  • Phone: 480-284-5551
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Edison Midtown
  • Association Fees:HOA Telephone4: 480-284-5551
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 3048.06
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 1600.23
  • Association Fees:Disclosure Fees HOA: 100.0
  • Association Fees:Other Fees HOA: 1600.23
  • Association Fees:Other Fees Description: working capital
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: The Management Trust
  • Association Fees:HOA Management Phone: 480-284-5551
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Gas6: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Gas, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Encanto School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Clarendon School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1186.0
  • Parcel #: 118-34-563
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Tannin Developments

Tax Info

  • Tax Annual Amount: 106.0
  • Tax Book Number: 118.00
  • Tax Lot: 4011
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 26, 2024
Sold by
Edison Midtown Two Llc
Bought by
Young Matthew Martin
Seller's Agent
James Cavanaugh
The Agency
Buyer's Agent
Aleca Sayler
RETSY
List Price
$538,900
Sold Price
$550,308
Premium/Discount to List
$11,408
2.12%
Views
11
Current Estimated Value
$522,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,903
Avg. Annual Appreciation
-4.62%
Original Mortgage
$531,940
Outstanding Balance
$527,938
Interest Rate
7.02%
Mortgage Type
FHA
Estimated Equity
-$5,533

Purchase Details

Closed on
Dec 3, 2021
Sold by
Ds Deco Central Llc
Bought by
Edison Midtown Two Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
3.09%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Young Matthew Martin $550,308 Thomas Title & Escrow Llc
Edison Midtown Two Llc $2,200,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Matthew Martin $531,940
Previous Owner Edison Midtown Two Llc $1,050,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $550,308 +2.1% $489 / Sq Ft
09/29/2023 09/29/23 Off Market $538,900 -- --
05/13/2022 05/13/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $538,900 -- $479 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $109 $865 $865 --
2024 $105 $824 $824 --
2023 $105 $4,290 $4,290 $0
2022 $104 $2,730 $2,730 $0
2021 $106 $2,730 $2,730 $0
2020 $103 $2,625 $2,625 $0
2019 $99 $2,445 $2,445 $0
2018 $96 $900 $900 $0
2017 $88 $930 $930 $0
Source: Public Records

Agents Affiliated with this Home

  • James Cavanaugh

    Seller's Agent in 2024

    James Cavanaugh

    The Agency

    (480) 878-3000

    50 in this area

    179 Total Sales

    Section Image
  • Marilyn Cavanaugh

    Seller Co-Listing Agent in 2024

    Marilyn Cavanaugh

    The Agency

    (602) 859-5999

    50 in this area

    186 Total Sales

    Section Image

  • A

    Buyer's Agent in 2024

    Aleca Sayler

    RETSY

    (928) 380-0918

    2 in this area

    13 Total Sales

    Section Image
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About Edison Midtown

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6398841

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-34-563

Arizona Maricopa County Phoenix 85012 Midtown Phoenix

3131 N Central Ave Unit 4011, Phoenix, AZ

This home is located at 3131 N Central Ave Unit 4011, Phoenix, AZ 85012 since 12 May 2022 and is currently estimated at $565,570, approximately $502 per square foot. This property was built in 2022. 3131 N Central Ave Unit 4011 is a home located in Maricopa County with nearby schools including Clarendon Elementary School, Encanto Elementary School, and Osborn Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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