In the heart of Phoenix's Melrose District, this spacious 2-bedroom, 2.5-bath condo puts you just blocks from some of Central Phoenix's best dining, nightlife, shopping and local favorites along the vibrant 7th Avenue corridor. Set within the gated Park Fifth Avenue community, the open, thoughtfully designed layout feels more like a home than a typical condo. The main level offers generous living and dining areas, a cozy fireplace, abundant natural light, a charming built-in desk and a large private balcony. The distinctive kitchen provides plenty of counter space and storage, while upstairs,
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This property is offered at $256 per square foot, compared with a $215 median for active 2-bedroom homes in Phoenix. Its asking price falls near the 71st percentile of that active group. The comparison uses 1,714 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $584,643, and the median is $355 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 4330 N 5TH Avenue 211, Phoenix, AZ 85013 | Sep 3, 2026 | 2 bd · 838 sqft | $160,000 | 0.0 mi |
| 4220 N 3RD Avenue, Phoenix, AZ 85013 | Jun 24, 2026 | 5 bd | $535,000 | 0.1 mi |
| 511 W ROMA Avenue, Phoenix, AZ 85013 | Jul 9, 2026 | 3 bd · 2,012 sqft | $634,286 | 0.2 mi |
| 4246 N 2ND Drive, Phoenix, AZ 85013 | Apr 9, 2026 | 2 bd · 1,380 sqft | $490,000 | 0.2 mi |
| 4305 N 9TH Avenue, Phoenix, AZ 85013 | Apr 14, 2026 | 4 bd · 1,365 sqft | $485,000 | 0.2 mi |
| 515 W CAMPBELL Avenue, Phoenix, AZ 85013 | Jun 26, 2026 | 3 bd · 1,622 sqft | $650,000 | 0.2 mi |
| 220 W MONTEROSA Street, Phoenix, AZ 85013 | Aug 12, 2026 | 8 bd | $1,525,000 | 0.2 mi |
| 4134 N 7TH Avenue, Phoenix, AZ 85013 | Jul 1, 2026 | — · 1,501 sqft | $699,744 | 0.3 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
Continue comparing
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