7031 N CENTRAL Avenue, Phoenix, AZ, 85020
About This Home
Rare opportunity to own one of the most iconic locations in North Central Phoenix, situated directly on the coveted Murphy Bridle Path along Central Avenue. Surrounded by multi-million dollar estates and lush mature landscaping, this property offers endless potential to create a truly exceptional custom residence in one of the Valley's most desirable corridors. The existing home has been taken down to the studs and is ready for its next chapter, whether that's a complete reimagination of the current structure or an entirely new custom build. With an unbeatable location, expansive potential, and premier North Central setting, this is a unique chance to bring your vision to life. Property is being sold AS-IS.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer,Under Construction
- Year built: 1974
Materials
- Roof: Tile
- Construction materials: Stucco,Wood Frame,Painted
Type & Style
- Home type: SingleFamily
- Architectural style: Mid-Century Modern
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator,Dishwasher,Gas Range,Gas Cooktop
- Laundry features: In Garage,Inside,Gas Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Features
- Master Downstairs,Vaulted Ceiling(s),2 Master Baths,Full Bth Master Bdrm
- Number of fireplaces: 1
- Fireplace features: Family Room,Gas
- Fireplace: Yes
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 3,592
- Total interior livable area: 3,592 sqft
Property
Details
- Parcel number: 16031068
Features
- Stories: 2
- Private pool: Yes
- Pool features: Outdoor Pool
- Spa features: None
- Fencing: Block
Lot
- Lot size: 0.34 Acres
- Features: Corner Lot,Desert Back,Desert Front,Cul-De-Sac
Parking
- Total spaces: 3
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Maricopa County and Arizona
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,067 | $72,804 |
| Home Insurance | $272 | $3,264 |
| Property Taxes | $439 | $5,268 |
| Electricity | $380 | $4,564 |
| Total | $7,158 | $85,896 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Price change | $999,900 |
| 2026-08-13 | Price change | $1,099,900 |
| 2026-07-16 | Price change | $1,199,900 |
| 2026-06-25 | Price change | $1,299,900 |
| 2026-05-29 | Listed for sale | $1,325,000 |
| 2024-04-10 | Sold | $1,125,000 |
| 2024-04-09 | Pending sale | $1,150,000 |
| 2024-04-09 | Listed for sale | $1,150,000 |
| 2024-03-09 | Pending sale | $1,150,000 |
| 2024-03-08 | Listed for sale | $1,150,000 |
| 1995-08-25 | Sold | $275,000 |
| 1993-11-30 | Sold | $173,000 |
View on Zillow