NOT LISTED FOR SALE

Edison Midtown 3131 N Central Ave Unit 7008 Phoenix, AZ 85012

Midtown Phoenix Neighborhood

Estimated Value: $525,164 - $574,000

2 Beds
2 Baths
1,112 Sq Ft
$382/mo HOA Fee

Last Sold September 14, 2018

Last sale price $400,000 $360 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,712/month

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 September 2018

Beautiful views and urban living at the exclusive Edison Midtown. The ultimate urbanite lifestyle. This brand new 2-bedroom 2 bath condo offers 10' ceilings a 115 sqft. balcony to capture the beautiful sunrises of Arizona, Camelback Mountain and Midtown Phoenix. A beautiful kitchen featuring hi gloss cabinetry, stainless steel appliances, Denali white quartz counter tops and tile backsplash. Amazing wood flooring in kitchen and entry with carpet in the bedrooms and tiled bathrooms.
Edison Midtown features incredible amenities like a 2-story 2,000 SQFT fitness center, beautiful clubhouse featuring a fireplace, 88'' TV, coffee bar and

Last Agent to Sell the Property

James Cavanaugh

The Agency License #SA630963000 Listed on: 07/09/2018

The Agency

Co-Listed By

Marilyn Cavanaugh

The Agency License #SA551199000

The Agency

Last Buyer's Agent

Marilyn Cavanaugh

The Agency License #SA551199000

The Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,048

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 1,307

HOA Fees

  • $382 Monthly HOA Fees

Parking

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

Home Design

  • Home to be built
  • Contemporary Architecture
  • Wood Frame Construction

Interior Spaces

  • 1,112 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps

Listing and Financial Details

  • Tax Lot 7008
  • Assessor Parcel Number 118-34-626

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, gas, trash, water, roof replacement, maintenance exterior
  • City Property Mngt Association
  • Built by Deco Communities
  • Edison Subdivision, No. 3 Floorplan
  • 7-Story Property

Recreation

  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,048

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$382 per month

Parking

2

Listing Details

  • Cross Street: Central & Thomas
  • 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: 381.68
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2018
  • Tax Year: 2017
  • Directions: North on Central to SE Corner of Central and Monterey Way.
  • Master Model: No. 3
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: agen01
  • Co List Office Phone: 480-878-3000
  • Subdivision Name: EDISON
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 381.68
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Elevator, No Interior Steps, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 1112.0
  • Stories: 7
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • View: City Light View(s)
  • Disclosures: None
  • Construction Type: Wood Frame
  • Property Condition: To Be Built, Under Construction
  • Roof: Other
  • 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: Gated, Direct Access, Assigned, Community Structure
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Community Structure: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Engy Star (See Rmks), 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 Htd, Community Pool Htd, Near Light Rail Stop, Near Bus Stop, Fitness Center
  • Association Fee: 381.68
  • Association Fee Frequency: Monthly
  • Association Name: City Property Mngt
  • Phone: TBD
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: City Property Mngt
  • Association Fees:HOA Telephone4: TBD
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • 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: 1213.0
  • Parcel #: 118-34-626

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: Deco Communities

Tax Info

  • Tax Annual Amount: 88.0
  • Tax Book Number: 118.00
  • Tax Lot: 7008
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Aug 13, 2018
Sold by
Ds Deco Centeral Llc
Bought by
Kolb Michael P and Kolb Susan D
Seller's Agent
James Cavanaugh
The Agency
Buyer's Agent
Marilyn Cavanaugh
The Agency
List Price
$405,900
Sold Price
$400,000
Premium/Discount to List
-$5,900
-1.45%
Current Estimated Value
$546,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,764
Avg. Annual Appreciation
4.63%
Original Mortgage
$360,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kolb Michael P $400,000 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolb Michael P $342,400
Closed Kolb Michael P $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $400,000 -1.5% $360 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $405,900 -- $365 / 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 $4,048 $32,256 -- --
2024 $3,910 $30,720 -- --
2023 $3,910 $43,150 $8,630 $34,520
2022 $3,889 $37,400 $7,480 $29,920
2021 $3,955 $37,750 $7,550 $30,200
2020 $3,855 $33,310 $6,660 $26,650
2019 $3,687 $33,430 $6,680 $26,750
2018 $96 $900 $900 $0
2017 $88 $930 $930 $0
Source: Public Records

Agents Affiliated with this Home

  • James Cavanaugh

    Seller's Agent in 2018

    James Cavanaugh

    The Agency

    (480) 878-3000

    50 in this area

    179 Total Sales

    Section Image
  • Marilyn Cavanaugh

    Seller Co-Listing Agent in 2018

    Marilyn Cavanaugh

    The Agency

    (602) 859-5999

    50 in this area

    186 Total Sales

    Section Image
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About Edison Midtown

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5791128

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-34-626

Arizona Maricopa County Phoenix 85012 Midtown Phoenix

3131 N Central Ave Unit 7008, Phoenix, AZ

This home is located at 3131 N Central Ave Unit 7008, Phoenix, AZ 85012 since 09 July 2018 and is currently estimated at $549,541, approximately $494 per square foot. This property was built in 2018. 3131 N Central Ave Unit 7008 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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