NOT LISTED FOR SALE

Estimated Value: $368,583 - $387,000

1 Bed
1 Bath
907 Sq Ft
$500/ mo HOA Fee

Last Sold September 14, 2023

Last sale price $393,000 $433 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,661/month

43 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gated Community
  • Phoenix Coding Academy Rated A
  • Gated Parking
  • Mountain View

About This Home

As of September 2023

Ultimate in luxury! Located at the Optima Biltmore in the heart of the Biltmore Financial District. This stunning 1 bedroom executive suite is located on the 11th floor with city-wide view. The unit is equipped with vinyl plank flooring, ceramic tiles, open kitchen with granite counters, floor to ceiling glass curtain walls with modern roller shades and more. The building is equipped with state of the art amenities- roof deck swimming pool and spa (Currently being remodeled), world class gym facility, interior gardens, meeting rooms, executive lounge and more...furniture negotiable.

Last Agent to Sell the Property

Samir Sawhney

XCD Realty & Property Mgmt License #BR645393000 Listed on: 07/09/2023

Last Buyer's Agent

Jeff Fields

Russ Lyon Sotheby's International Realty License #SA643055000

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,846

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Parking Permit Required
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Contemporary Architecture

Interior Spaces

  • 907 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Solar Screens
  • Tile Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Schools

  • Madison Elementary School
  • Madison #1 Middle School
  • Camelback High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • No Interior Steps

Listing and Financial Details

  • Tax Lot 1122
  • Assessor Parcel Number 163-19-265

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, cable TV, gas, trash, water, roof replacement, maintenance exterior
  • Optima Biltmore Association, Phone Number (602) 374-7085
  • High-Rise Condominium
  • Built by Optima
  • Optima Biltmore Towers Subdivision
  • 15-Story Property

Amenities

  • Concierge
  • Recreation Room
  • Community Media Room

Recreation

  • Community Spa
  • Bike Trail

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,846

Year Built

Built in 2006

Lot Details

871 Sq Ft Lot

HOA Fees

$500 per month

Parking

1

Listing Details

  • Cross Street: 24th st & Camelback
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 500.0
  • Basement: N
  • Items Updated Floor Yr Updated: 2020
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2022
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: OPTIMA BILTMORE TOWERS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 433.29
  • Association Fees:HOA Fee2: 500.0
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Eat-in Kitchen, 9+ Flat Ceilings, Elevator, No Interior Steps, 3/4 Bath Master Bdrm
  • Living Area: 907.0
  • Stories: 15
  • Window Features: Solar Screens
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Community Features:Community Media Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Concierge: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req
  • Common Walls: Two Common Walls, End Unit
  • Construction Type: Steel Frame
  • Roof: Other
  • Construction:Frame - Metal: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Gated, Garage Door Opener, Separate Strge Area, Assigned, Community Structure, Permit Required
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:PermitDecal Req_squote_d: Yes
  • Parking Features:Community Structure: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Natural Gas
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Community Media Room, Concierge, Biking/Walking Path, Fitness Center
  • Association Fee: 500.0
  • Association Fee Frequency: Monthly
  • Association Name: Optima Biltmore
  • Phone: 602-374-7085
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Optima Biltmore
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _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:Cable or Satellite: Yes
  • Association Fee Incl:Gas6: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Cable TV, Gas, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Madison Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 881.0
  • Parcel #: 163-19-265

Building Info

  • Builder Name: Optima

Tax Info

  • Tax Annual Amount: 2846.0
  • Tax Book Number: 163.00
  • Tax Lot: 1122
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2023
Closed on
Sep 15, 2023
Sold by
Mikaht Llc
Bought by
Klein Jason
Seller's Agent
Samir Sawhney
XCD Realty & Property Mgmt
Buyer's Agent
Jeff Fields
Russ Lyon Sotheby's International Realty
List Price
$424,900
Sold Price
$393,000
Premium/Discount to List
-$31,900
-7.51%
Views
74
Current Estimated Value
$377,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,354
Avg. Annual Appreciation
-1.58%
Original Mortgage
$294,750
Outstanding Balance
$287,287
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$90,359

Purchase Details

Listed on
Jan 19, 2022
Closed on
Jun 24, 2022
Sold by
Amit Mehta
Bought by
Mikaht Llc
Seller's Agent
Samir Sawhney
XCD Realty & Property Mgmt
Buyer's Agent
Samir Sawhney
XCD Realty & Property Mgmt
Sold Price
$2,495

Purchase Details

Listed on
May 31, 2021
Closed on
Jul 7, 2021
Sold by
Diversified Associated Management
Bought by
Mehta Amit
Seller's Agent
Samir Sawhney
XCD Realty & Property Mgmt
Buyer's Agent
Jonah Daniels
Platinum Living Realty
Sold Price
$2,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%
Original Mortgage
$255,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2020
Closed on
Jun 22, 2020
Sold by
Patel Nirav and Patel Dominique
Bought by
Diversified Associated Management
Seller's Agent
Kelsey Pasquel
Scottsdale Classic Real Estate
Buyer's Agent
Jacqueline Roersma
West USA Realty
List Price
$280,000
Sold Price
$265,000
Premium/Discount to List
-$15,000
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.44%

Purchase Details

Closed on
Mar 30, 2020
Sold by
Patel Nirav
Bought by
Patel Nirav and Patel Dominique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2012
Closed on
May 17, 2012
Sold by
Calfa Real Estate Llc
Bought by
Patel Nirav
Seller's Agent
Joe Best
Gentry Real Estate
Buyer's Agent
Joanne Foster
Compass
List Price
$194,000
Sold Price
$187,000
Premium/Discount to List
-$7,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$168,300
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2012
Sold by
Weidner Matthew J
Bought by
Calfa R E Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,300
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2006
Sold by
Optima Camelback Lp
Bought by
Weidner Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,600
Interest Rate
6.32%
Mortgage Type
New Conventional
Source: Public Records
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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
Klein Jason $393,000 Old Republic Title Agency
Mikaht Llc -- --
Mehta Amit $340,000 Chicago Title Agency Inc
Diversified Associated Management $265,000 First American Title Ins Co
Patel Nirav -- Servicelink
Patel Nirav $187,000 Equity Title Agency Inc
Calfa R E Llc $164,300 None Available
Weidner Matthew J $370,943 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klein Jason $294,750
Previous Owner Mehta Amit $255,000
Previous Owner Patel Nirav $161,500
Previous Owner Patel Nirav $168,300
Previous Owner Calfa R E Llc $131,440
Previous Owner Weidner Matthew J $298,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2023 09/14/23 Sold $393,000 -7.5% $433 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
07/09/2023 07/09/23 For Sale $424,900 0.0% $468 / Sq Ft
07/01/2022 07/01/22 Rented $2,495 0.0% --
06/23/2022 06/23/22 Under Contract -- -- --
01/19/2022 01/19/22 For Rent $2,495 +8.7% --
07/18/2021 07/18/21 Rented $2,295 0.0% --
07/17/2021 07/17/21 Under Contract -- -- --
06/28/2021 06/28/21 Price Changed $2,295 -4.2% $3 / Sq Ft
06/16/2021 06/16/21 Price Changed $2,395 0.0% $3 / Sq Ft
06/04/2021 06/04/21 Sold $337,500 0.0% $372 / Sq Ft View Prior Sale
05/31/2021 05/31/21 For Rent $2,495 0.0% --
04/23/2021 04/23/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $349,900 +32.0% $386 / Sq Ft
07/07/2020 07/07/20 Sold $265,000 -5.4% $292 / Sq Ft View Prior Sale
06/20/2020 06/20/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $280,000 0.0% $309 / Sq Ft
06/01/2019 06/01/19 Rented $1,525 0.0% --
04/26/2019 04/26/19 Under Contract -- -- --
04/15/2019 04/15/19 For Rent $1,525 +1.7% --
05/15/2018 05/15/18 Rented $1,499 0.0% --
04/29/2018 04/29/18 Under Contract -- -- --
03/15/2018 03/15/18 Price Changed $1,499 -3.3% $2 / Sq Ft
02/26/2018 02/26/18 For Rent $1,550 +10.7% --
09/23/2016 09/23/16 Rented $1,400 -6.6% --
09/15/2016 09/15/16 Under Contract -- -- --
09/02/2016 09/02/16 Price Changed $1,499 -6.0% $2 / Sq Ft
08/24/2016 08/24/16 For Rent $1,595 0.0% --
05/23/2012 05/23/12 Sold $187,000 -3.6% $206 / Sq Ft View Prior Sale
04/19/2012 04/19/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $194,000 -- $214 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,349 $18,033 -- --
2024 $2,934 $17,174 -- --
2023 $2,934 $26,150 $5,230 $20,920
2022 $2,846 $23,250 $4,650 $18,600
2021 $2,537 $22,220 $4,440 $17,780
2020 $2,826 $19,970 $3,990 $15,980
2019 $2,440 $19,380 $3,870 $15,510
2018 $2,376 $20,880 $4,170 $16,710
2017 $2,255 $19,550 $3,910 $15,640
2016 $2,174 $20,270 $4,050 $16,220
2015 $2,023 $19,970 $3,990 $15,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6578278

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-19-265

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