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16402 N 31ST Street #218, Phoenix, AZ, 85032

2beds
2baths
934sqft
$199,000
$213price/sqft
$1,345/moest. monthly cost
$53,800/yrincome needed

About This Home

New price! Exceptional value with added peace of mind from a newer roof, HVAC system, and water heater, all replaced last year. Light, bright, and move-in ready. This well-maintained 2-bed, 2-bath, second-level condominium offers a spacious and open layout with vaulted ceilings and abundant natural light. The functional great room features a wood-burning fireplace and opens to a private balcony through French doors, creating an easy indoor-outdoor flow. 2026 updates include new carpet, fresh interior paint, and a new washer, making the home clean and move-in ready. The eat-in kitchen offers ample cabinetry, dual sinks, and full appliance package including refrigerator, range, dishwasher, and built-in microwave. Each bedroom includes its own full bathroom, providing privacy and flexibility. Additional highlights include ceiling fans, a laundry room located off the balcony with washer and dryer included, extra storage, and assigned covered parking. Located in the Villa Capri community, residents enjoy a large community pool, sport court, barbecue grills, and low property taxes, all with convenient access to the SR-51, Loop 101, shopping, and dining. Ideal as a primary residence or investment opportunity.

Getting Around

68
WalkingSomewhat Walkable
39
TransitSome Transit
64
BikeBikeable

Schools

1/10
Palomino Primary SchoolGrades PK-30.3 mi
5/10
Greenway Middle SchoolGrades 7-80.8 mi
8/10

Construction

Condition

  • Year built: 1987

Materials

  • Roof: Tile,Concrete
  • Construction materials: Stucco,Wood Frame

Type & Style

  • Home type: Apartment
  • Architectural style: Spanish,Territorial/Santa Fe
  • Property subType: Apartment

Interior

Appliances

  • Appliances included: Dryer,Washer,Refrigerator,Built-in Microwave,Dishwasher,Electric Range

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • High Speed Internet,Eat-in Kitchen,Vaulted Ceiling(s),Full Bth Master Bdrm,Laminate Counters
  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: Neighbor Below,Three Common Walls

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 934
  • Total interior livable area: 934 sqft

Property

Details

  • Parcel number: 21431222A
  • Attached to another structure: Yes

Features

  • Stories: 2
  • Exterior features: Other,Balcony
  • Spa features: None
  • Fencing: None

Lot

  • Lot size: 97 sqft
  • Features: None

Parking

  • Total spaces: 1
  • Parking features: Off Street,Detached Carport,Unassigned,Gated,Assigned
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

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
    Heat WaveVery High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Heat Wave
Hail
Inland Flooding

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

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

MonthlyAnnual
Mortgage $1,006$12,072
Home Insurance $51$612
Property Taxes $72$864
Electricity $216$2,603
Total$1,345$16,140

Income You'd Need if You Spent...

35% on housing$46,114/yr
40% on housing$40,350/yr
45% on housing$35,866/yr

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.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$213This listing

vs Other Active Listings

Avg $/sqft

ZIP 85032$204
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85032$323
Maricopa County$262

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

DateEventPrice
2026-04-28Price change$199,000
2026-02-01Listed for sale$210,000
2024-11-16Listing removed$1,195
2024-10-09Price change$1,195
2024-09-11Price change$1,295
2024-08-22Listed for rent$1,395
2024-08-22Listing removed--
2024-08-08Listed for rent$1,395
2023-08-03Listing removed--
2023-06-06Price change$1,295
2023-04-19Price change$1,395
2023-04-12Listed for rent$1,495
2023-02-24Sold$172,500
2023-02-06Price change$178,500
2023-01-27Pending sale$184,900
2023-01-18Price change$184,900
2023-01-01Price change$189,900
2022-12-01Price change$194,900
2022-11-19Listed for sale$199,900
2020-06-26Sold$119,000
2020-06-01Pending sale$119,000
2020-05-31Listed for sale$119,000
2020-05-11Pending sale$119,000
2020-05-07Listed for sale$119,000
2015-11-04Listing removed$749
2011-11-09Sold$33,000
2007-03-28Sold$128,000
2004-02-09Sold$72,000
1999-12-23Sold$58,000
1996-07-22Sold$56,500

For Sale by Agent

AgentDawn M Patterson
BrokerageEmbarc Realty

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