NOT LISTED FOR SALE

Estimated Value: $782,000 - $1,187,000

2 Beds
2.5 Baths
2,456 Sq Ft
$1,708/mo HOA Fee

Last Sold October 03, 2023

Last sale price $1,085,000 $442 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,734/month

140 Days on Market

Highlights

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

About This Home

As of October 2023

Ultimate luxury living at this penthouse double unit at Optima Biltmore featuring unparalleled panoramic views of the surrounding Mtns & city skyline, never miss a single breathtaking sunset. Gorgeous modern design & high-end finishes t/o. Spacious living room boasts soaring ceilings and floor-to-ceiling windows, flooding the space with natural light & offering incredible views from every angle. Gourmet Kitchen features SS appliances, brkfst bar & custom cabinetry. Primary suite offers the ultimate sanctuary with its private balcony, spa-like en-suite bathroom w/ double vanity, soaking tub/shower & large WIC. Generous guest bedroom PLUS spacious den. Step onto the expansive balconies for breathtaking views with morning coffee. Optima Biltmore offers an unparalleled living experience Optima Biltmore enjoy a host of amenities, a state-of-the-art fitness center, rooftop deck. Plus, with its prime location in the heart of Phoenix's prestigious Biltmore district, you'll be just minutes from world-class dining, shopping, and entertainment. Don't miss your chance to experience the epitome of luxury living in this stunning penthouse unit at Optima Biltmore! Optima Biltmore offers an unparalleled living experience with a wide range of world-class amenities designed to cater to your every need. Here's a description of some of the amenities that residents can enjoy: Fitness Center: Optima Biltmore's state-of-the-art fitness center is equipped with the latest cardio and weight training equipment to help you stay in shape.
Outdoor Pool : ROOFTOP outdoor pool, relax on a lounge chair, and soak up the Arizona sun.
Rooftop Terrace: The rooftop terrace offers stunning views of the city skyline and is the perfect spot to unwind after a long day.
Clubroom: The clubroom is a perfect place to entertain guests, featuring a full kitchen, lounge area, and flat-screen TVs.
Business Center: The business center is equipped with everything you need to work from home, including high-speed internet, printing, and scanning services. Outdoor Grilling Areas: Residents can enjoy outdoor cooking and dining with the community's outdoor grilling areas. Pet-Friendly: Optima Biltmore is a pet-friendly community, with a dog park on-site for your furry friends to play and socialize.

Last Agent to Sell the Property

Andrew Filipowicz

Berkshire Hathaway HomeServices Arizona Properties License #SA113301000 Listed on: 03/25/2023

Co-Listed By

Wendy Weiss

Berkshire Hathaway HomeServices Arizona Properties License #SA645198000

Last Buyer's Agent

Deniz Bayramoglu

eXp Realty License #SA647038000

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,930

Year Built

  • Built in 2006

Lot Details

  • 2,614

HOA Fees

  • $1,708 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Metal Roof

Interior Spaces

  • 2,456 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Patio
  • Outdoor Storage

Location

  • Property is near a bus stop

Schools

  • Madison Camelview Elementary School
  • Madison Park Middle School
  • Camelback High School

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1525
  • Assessor Parcel Number 163-19-332

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, cable TV, ground maintenance, front yard maint, gas, air conditioning and heating, trash, water, roof replacement, maintenance exterior
  • 1St Service Association, Phone Number (602) 704-3705
  • High-Rise Condominium
  • Built by Optima
  • Optima Biltmore Towers Condominium 2Nd Amd Subdivision, 1525/1526 Penthouse Floorplan
  • 15-Story Property

Recreation

  • Community Spa

Additional Features

  • Recreation Room
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,930

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,708 per month

Parking

3

Listing Details

  • Cross Street: 24th St/ Camelback Rd
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1708.35
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2006
  • Tax Year: 2022
  • Directions: From Camelback Rd. South on 24th St to Optima (red & orange tall building) Turn west and park on north side at guest parking garage. Once in parking garage go to N/W corner behind yellow generator.
  • Master Model: 1525/1526 Penthouse
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.06
  • Co List Office Mls Id: praz04
  • Co List Office Phone: 480-505-6300
  • Subdivision Name: OPTIMA BILTMORE TOWERS CONDOMINIUM 2ND AMD
  • Efficiency: Multi-Zones
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 1708.35
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Full Bth Master Bdrm
  • Living Area: 2456.0
  • Stories: 15
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Other
  • Exterior Features: Balcony, Storage
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Steel Frame
  • Patio And Porch Features: Patio
  • Roof: Other, Metal
  • Construction:Frame - Metal: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Gated, Garage Door Opener, Separate Strge Area, Assigned, Community Structure
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Community Structure: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Near Bus Stop, Fitness Center
  • Association Fee: 1708.35
  • Association Fee Frequency: Monthly
  • Association Name: Optima Biltmore
  • Phone: 602-704-3705
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 215.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Optima Biltmore
  • Association Fees:HOA Telephone4: 602-704-3705
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 5125.29
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 3418.0
  • Association Fees:Disclosure Fees HOA: 182.0
  • Association Fees:Other Fees HOA: 150.0
  • Association Fees:Other Fees Description: Move In FEE
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: 1st Service
  • Association Fee Incl:Front Yard Maint: Yes
  • 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:Pest Control: Yes
  • Association Fee Incl:Cable or Satellite: Yes
  • Association Fee Incl:Gas6: Yes
  • Association Fee Incl:Air CondHeating: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Cable TV, Maintenance Grounds, Front Yard Maint, Gas, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Madison Camelview Elementary
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Park School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2431.0
  • Parcel #: 163-19-332

Building Info

  • Builder Name: Optima

Tax Info

  • Tax Annual Amount: 4930.0
  • Tax Book Number: 163.00
  • Tax Lot: 1525
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2023
Closed on
Oct 3, 2023
Sold by
El-Khoury Living Trust
Bought by
Yadav Yatinder
Seller's Agent
Andrew Filipowicz
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Deniz Bayramoglu
eXp Realty
List Price
$1,250,000
Sold Price
$1,085,000
Premium/Discount to List
-$165,000
-13.2%
Views
49
Current Estimated Value
$1,011,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,492
Avg. Annual Appreciation
-3.72%

Purchase Details

Listed on
Jul 7, 2020
Closed on
Feb 16, 2021
Sold by
Jacobson Damon E
Bought by
El Khoury Hassane and The El Khoury Living Trust
Seller's Agent
Nancy Mowry
Russ Lyon Sotheby's International Realty
Buyer's Agent
Andrew Filipowicz
HomeSmart
List Price
$1,200,000
Sold Price
$1,140,000
Premium/Discount to List
-$60,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.90%

Purchase Details

Closed on
Jan 23, 2009
Sold by
The Bank Of New York
Bought by
Jacobson Damon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2008
Sold by
Davis Wesley Roland
Bought by
The Bank Of New York and Cwalt Inc Alternative Loan Tr 2007-Oa10

Purchase Details

Closed on
Mar 1, 2006
Sold by
Optima Camelback Lp
Bought by
Davis Wesley Roland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1.12%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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List Price
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
Yadav Yatinder $1,085,000 Pioneer Title Services
El Khoury Hassane $1,140,000 First American Title Ins Co
Jacobson Damon E $720,000 First American Title Ins Co
The Bank Of New York $892,500 First American Title
Davis Wesley Roland $965,254 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner El Khoury Hassane S $855,000
Previous Owner Jacobson Damon E $540,000
Previous Owner Davis Wesley Roland $1,420,000
Previous Owner Davis Wesley Roland $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2023 10/03/23 Sold $1,085,000 -13.2% $442 / Sq Ft
08/17/2023 08/17/23 For Sale $1,250,000 +15.2% $509 / Sq Ft
07/22/2023 07/22/23 Off Market $1,085,000 -- --
05/15/2023 05/15/23 Price Changed $1,250,000 -3.8% $509 / Sq Ft
03/25/2023 03/25/23 For Sale $1,300,000 +14.0% $529 / Sq Ft
03/05/2021 03/05/21 Sold $1,140,000 -5.0% $464 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
07/07/2020 07/07/20 For Sale $1,200,000 0.0% $489 / Sq Ft
08/23/2019 08/23/19 Rented $5,400 0.0% --
07/24/2019 07/24/19 Under Contract -- -- --
07/03/2019 07/03/19 For Rent $5,400 0.0% --
02/01/2019 02/01/19 Rented $5,400 0.0% --
01/23/2019 01/23/19 Under Contract -- -- --
10/19/2018 10/19/18 Price Changed $5,400 -10.0% $2 / Sq Ft
07/01/2018 07/01/18 For Rent $6,000 -- --
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 $5,857 $47,159 -- --
2024 $5,700 $28,525 -- --
2023 $5,700 $47,660 $9,530 $38,130
2022 $4,930 $41,310 $8,260 $33,050
2021 $4,978 $40,970 $8,190 $32,780
2020 $4,891 $36,950 $7,390 $29,560
2019 $4,842 $36,860 $7,370 $29,490
2018 $4,708 $42,900 $8,580 $34,320
2017 $4,458 $39,160 $7,830 $31,330
2016 $4,284 $42,720 $8,540 $34,180
2015 $3,982 $39,670 $7,930 $31,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6536064

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-19-332