OFF MARKET
Off market oct 2022 for $460K
$480,510
Est. refi paymentEst. refi $3,082/mo
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bd
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sq ft

2531 E Broadway Rd, Phoenix, AZ 85040

map-entry

About this home

2531 E Broadway Rd is a house on a 7,012 square foot lot. - it last sold on October 03, 2022 for $460,000. Based on Redfin's Phoenix data, we estimate the home's value is $480,510.
Single-familyProperty Type
7,012 sq ftLot Size
2 car garageParking
Source:Public Records
Listed by Jacob Allen
Redfin checked: 2 minutes ago
•Source:ARMLS #6568305

Redfin Estimate

$480,510
$21K since sold in October 2022$3,000 since September

This home's estimate is 6.1% higher than the average sale price ($453K) of 6 comparable homes.

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Earn from this home

Sell
$110,844
Est. take-home

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Refinance
$0
Est. cash available

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Rent
$2,524/mo
Redfin rental estimate

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Market trends in 85040, AZ

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price
99.2%

+0.6% MoM

Median sale price
$379K

$1K MoM

Avg. days on market
49d

4 days MoM

Recently sold homes
53

9 MoM

New listings for sale

Provided by Redfin

Sale history for 2531 E Broadway Rd

Tax history for 2531 E Broadway Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

R-5

SPVTABDO

FOUR CORNERS OVERLAY \N

Multifamily Residence-Restricted Commercial District

The purpose of the multi-family residence districts is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes; The density ranges offered are intended to allow for a greater interaction of residents with at least the opportunity for less individual maintenance, unit cost, and size as compared with a conventional single-family residence.
Zone overlays
  • South Phoenix Village and Target Area B Design Overlay
  • Four Corners Overlay District
Permitted uses

Include but are not limited to:

  • Religious facility
  • Housing-Group
  • Educational / school
  • Fire house
  • Police station

Property details

Around this home

Schools

Martin Luther King Junior Elementary School

Public PreK-3 • Assigned • 0.5mi

Percy L Julian School

Public K-8 • Assigned • 0.7mi

5/10
South Mountain High School

Public 9-12 • Assigned • 2.2mi

2/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

9/10 Heat Factor

7 days above 112° expected this year, 19 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Phoenix, AZ • 85040
Average low and high temperatures (°F)
70
47
79
54
86
60
88
63
95
71
106
80
107
85
108
87
100
79
93
68
77
55
74
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 13.5 hours in June and 7.8 hours in December, placing it above the U.S. average for solar exposure.

13.5 hrs
7.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$457,000 – $553,000

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Home values near 2531 E Broadway Rd

Data from public records.
AddressRedfin Estimate
3 Beds | 2 Baths | 1189 Sq. Ft.
$343,721
- Beds | 1 Baths | 504 Sq. Ft.
$208,561
AddressRedfin Estimate
- Beds | 1 Baths | 986 Sq. Ft.
$238,306
- Beds | 1 Baths | 928 Sq. Ft.
$261,602
AddressRedfin Estimate
- Beds | 1 Baths | 1059 Sq. Ft.
$247,608
3 Beds | 2 Baths | 1295 Sq. Ft.
$345,194
Property information provided by ARMLS when last listed in 2023. This data may not match public records. Learn more.
Listing agent: Jacob Allen
Indicates a property listed by a real estate brokerage other than the web site owner. Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last Updated: 2023-07-19T08:53:51.560Z

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