NOT LISTED FOR SALE

Estimated Value: $468,000 - $546,687

2 Beds
2 Baths
1,166 Sq Ft
1,307 Sq Ft Lot

Sale Details

Date Sold: August 18, 2021

Last sale price $430,000 $369 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,538 / mo

13 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Mountain View
  • Phoenix Coding Academy Rated A
  • Gated Parking
  • Wood Flooring

About This Home

As of August 2021

LOVELY 2 Bedroom/2 Bath SE Corner Unit in the Optima Biltmore East Tower. Enjoy the fantastic mountain & city light views from every room in this open and bright floor plan. The beautiful outdoors can be taken advantage of on the private & spacious terrace. Upgraded features include: remodeled kitchen with added cabinet space at counter area, stainless steel appliances, gas cooktop, hardwood flooring, designer closets, upgraded lightning & ceiling fans, custom paint & accent walls. Don't miss the secured underground parking & storage locker this unit offers. Be close to all the best shopping & restaurants along with access to all the amenities Optima Biltmore has to offer: Lounge/Kitchen area, Workout Facility, Rooftop heated pool/spa, BBQ areas, relaxing sitting areas and views galore!!

Last Agent to Sell the Property

Victoria Potolicchio

HomeSmart License #SA530454000 Listed on: 07/12/2021

HomeSmart

Co-Listed By

William (Bill) Potolicchio

HomeSmart License #SA524494000

Last Buyer's Agent

Lauren Sato

West USA Realty License #SA542281000

West USA Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,893

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $652 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking
  • Assigned Parking

Interior Spaces

  • 1,166 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Unit is on the top floor

Listing and Financial Details

  • Tax Lot 607
  • Assessor Parcel Number 163-19-182

Community Details

Overview

  • Association fees include insurance, sewer, pest control, cable TV, ground maintenance, gas, trash, water, roof replacement, maintenance exterior
  • Brown Management Association, Phone Number (602) 374-7085
  • Built by Optima, Inc
  • Optima Biltmore Towers Condominium Subdivision

Recreation

  • Community Spa

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,893

Year Built

Built in 2006

Lot Details

1,307 Sq Ft Lot

HOA Fees

$652 per month

Parking

1

Listing Details

  • Cross Street: 24th Street & Camelback
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 652.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2014
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2014
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2020
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: cril01
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: Optima Biltmore Towers Condominium
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 368.78
  • Association Fees:HOA Fee2: 652.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, 3/4 Bath Master Bdrm
  • Living Area: 1166.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: 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:On-Site Guard: Yes
  • KitchenFeatures:Refrigerator: 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, Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Below, Neighbor Above, 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, Separate Strge Area, Assigned
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Fitness Center
  • Association Fee: 652.0
  • Association Fee Frequency: Monthly
  • Association Name: Optima Biltmore
  • Phone: 602-374-7085
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Optima Biltmore
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1956.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Management
  • Association Fee Incl:Exterior Mnt of Unit: 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

Fee Information

  • Association Fee Includes: Insurance, Sewer, Pest Control, Cable TV, Maintenance Grounds, 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 Park School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1160.0
  • Parcel #: 163-19-182

Building Info

  • Builder Name: Optima, Inc

Tax Info

  • Tax Annual Amount: 2893.0
  • Tax Book Number: 163.00
  • Tax Lot: 607
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Aug 6, 2021
Sold by
Burk Kenneth R and Burk Madeline M
Bought by
Gresko Mariah
Seller's Agent
Victoria Potolicchio
HomeSmart
Buyer's Agent
Lauren Sato
West USA Realty
List Price
$420,000
Sold Price
$430,000
Premium/Discount to List
$10,000
2.38%
Current Estimated Value
$490,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,198
Avg. Annual Appreciation
3.23%
Original Mortgage
$344,000
Outstanding Balance
$310,089
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$188,333

Purchase Details

Listed on
Apr 16, 2015
Closed on
May 20, 2015
Sold by
Honigman Holdings Ltd
Bought by
Burk Kenneth R and Burk Madeline M
Seller's Agent
Mary Larsen
Realty ONE Group
Buyer's Agent
Sherry Gaertner Tibbets
SGT Fine Properties
List Price
$345,000
Sold Price
$327,500
Premium/Discount to List
-$17,500
-5.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%

Purchase Details

Listed on
May 29, 2013
Closed on
Nov 12, 2013
Sold by
Kubacki Gregory A and Molitor Lawrence J
Bought by
Honigman Holdings Ltd
Seller's Agent
Mary Larsen
Realty ONE Group
Buyer's Agent
Mary Larsen
HomeSmart
List Price
$305,000
Sold Price
$280,000
Premium/Discount to List
-$25,000
-8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%

Purchase Details

Closed on
Mar 19, 2011
Sold by
Molitor Lawrence F
Bought by
Kubacki Gregory A

Purchase Details

Closed on
Mar 31, 2006
Sold by
Molitor Diana E
Bought by
Molitor Lawrence F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
6.35%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 14, 2006
Sold by
Optima Camelback Lp
Bought by
Molitor Lawrence F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
6.35%
Mortgage Type
Balloon
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
Gresko Mariah $430,000 Chicago Title Agency
Burk Kenneth R $327,500 Security Title Agency Inc
Honigman Holdings Ltd $280,000 First American Title Ins Co
Kubacki Gregory A -- First American Title Ins Co
Kubacki Gregory A -- None Available
Molitor Lawrence F -- First American Title Ins Co
Molitor Lawrence F $396,616 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gresko Mariah $344,000
Previous Owner Molitor Lawrence F $314,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2023 10/24/23 Off Market $430,000 -- --
10/21/2023 10/21/23 Off Market $2,245 -- --
08/18/2021 08/18/21 Sold $430,000 +2.4% $369 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $420,000 0.0% $360 / Sq Ft
08/15/2020 08/15/20 Rented $2,245 +4.4% --
08/04/2020 08/04/20 Under Contract -- -- --
06/20/2020 06/20/20 For Rent $2,150 -10.4% --
06/15/2019 06/15/19 Rented $2,400 -4.0% --
05/28/2019 05/28/19 For Rent $2,500 0.0% --
05/31/2015 05/31/15 Sold $327,500 -2.8% $281 / Sq Ft View Prior Sale
04/29/2015 04/29/15 Price Changed $337,000 -2.3% $289 / Sq Ft
04/16/2015 04/16/15 For Sale $345,000 0.0% $296 / Sq Ft
03/01/2014 03/01/14 Rented $1,975 -12.2% --
02/25/2014 02/25/14 Under Contract -- -- --
01/27/2014 01/27/14 For Rent $2,250 0.0% --
12/13/2013 12/13/13 Sold $280,000 -5.4% $240 / Sq Ft View Prior Sale
11/09/2013 11/09/13 Pending -- -- --
09/30/2013 09/30/13 Price Changed $296,000 -0.3% $254 / Sq Ft
09/17/2013 09/17/13 Price Changed $297,000 -2.0% $255 / Sq Ft
08/05/2013 08/05/13 Price Changed $303,000 -0.7% $260 / Sq Ft
05/29/2013 05/29/13 For Sale $305,000 -- $262 / 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 $3,225 $28,127 -- --
2024 $2,978 $26,787 -- --
2023 $2,978 $30,620 $6,120 $24,500
2022 $2,882 $27,280 $5,450 $21,830
2021 $2,941 $25,060 $5,010 $20,050
2020 $2,893 $23,820 $4,760 $19,060
2019 $2,828 $23,860 $4,770 $19,090
2018 $2,753 $25,910 $5,180 $20,730
2017 $2,614 $24,310 $4,860 $19,450
2016 $2,519 $24,530 $4,900 $19,630
2015 $2,344 $23,480 $4,690 $18,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6258654

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-19-182

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