NOT LISTED FOR SALE

6502 N Central Ave Unit A204 Phoenix, AZ 85012

Alhambra Neighborhood

Estimated Value: $463,000 - $588,000

2 Beds
2 Baths
1,675 Sq Ft
1964 Built

Last Sold July 18, 2016

Last sale price $260,000 $155 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,149/month

173 Days on Market

Highlights

  • Gated Parking
  • Sitting Area In Primary Bedroom
  • Heated Community Pool
  • Madison Richard Simis School Rated A-
  • Clubhouse
  • Covered patio or porch

About This Home

As of July 2016

Mid-Century Modern located on Central. HOA includes A/C, heat and water! Completely renovated. This unit has the WOW factor you're looking for: Barrel Ceilings accentuated by LED cable lighting. Built-in 5-seat wet-bar with unobstructed views to the large balcony and amazing sunset views. Kitchen includes high-end appliances and matching cabinetry. The secondary sitting area/den features a stunning electronic fireplace. Bathrooms have been tastefully remodeled and the two Bedrooms (owners and guest suites) currently have, and easily accommodate, King Bedroom furniture sets. The Unit comes with 2 underground parking spaces and Storage closet! ont of the main elevator and ample internal and external storage space. The Community has an Olympic swimming pool (seasonal) and year-round access to the barbecue and adjacent pool-side sitting areas. This is a one-of-a-kind and must see Central Phoenix property. The additional HOA fee (see section below) includes water, AC/HEAT, basic cable/internet. There is typically on average an additional utility fee of $45/mo for electrical items plugged into outlets.

Last Agent to Sell the Property

Roberta Candelaria

Phoenix Urban Spaces License #BR561500000 Listed on: 01/22/2016

Last Buyer's Agent

Adele Coffman

HomeSmart License #SA042365000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,121

Year Built

  • Built in 1964

Lot Details

  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

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

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,675 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Ceiling Fan
  • Living Room with Fireplace
  • Laundry in unit

Kitchen

  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Madison Richard Simis Elementary School
  • Madison Meadows Middle School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot A204
  • Assessor Parcel Number 161-27-058-A

Community Details

Overview

  • Property has a Home Owners Association
  • Osselaer Association, Phone Number (602) 277-4418
  • Olympus Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,121

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Maryland Avenue & Central Avenue
  • Legal Info Range: 3E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 704.16
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1964
  • Tax Year: 2015
  • Directions: Central Ave, West on Maryland Ave. Park along Maryland Ave (temporarily until guest parking is completed. Unit is located in bldg A on the East side of community.
  • Property Sub Type: Apartment Style/Flat
  • Subdivision Name: OLYMPUS
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 704.16
  • Special Features: None

Interior Features

  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Walk-In Closet(s), Wet Bar, Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1675.0
  • Stories: 4
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Fireplace Living Rm: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned, Community Structure, Gated
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool, Clubhouse
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: The Olympus
  • Phone: 602-277-4418
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 164.75
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: The Olympus
  • Association Fees:HOA Telephone4: 602-277-4418
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Osselaer
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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:Air CondHeating: Yes

Schools

  • Elementary School: Madison Richard Simis School
  • High School: Central High School
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 155.0
  • Parcel #: 161-27-058-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1121.0
  • Tax Book Number: 161.00
  • Tax Lot: A204
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2016
Closed on
Jul 15, 2016
Sold by
Beroud Marc A
Bought by
Lawfield Monica Jean
Seller's Agent
Roberta Candelaria
Phoenix Urban Spaces
Buyer's Agent
Adele Coffman
HomeSmart
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%
Current Estimated Value
$541,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,799
Avg. Annual Appreciation
8.58%

Purchase Details

Listed on
Sep 16, 2014
Closed on
Oct 14, 2014
Sold by
Palmer Gerald E and Hern Daryl D
Bought by
Beroud Marc A
Seller's Agent
JoAnn Callaway
eXp Realty
Buyer's Agent
Diane Vachon-Cain
West USA Realty
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$180,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2013
Closed on
Sep 10, 2013
Sold by
Aiello David
Bought by
Palmer Gerald E and Hern Daryl D
Seller's Agent
Tom Bryant
HomeSmart
Buyer's Agent
JoAnn Callaway
eXp Realty
List Price
$171,000
Sold Price
$165,000
Premium/Discount to List
-$6,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.92%
Original Mortgage
$132,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2013
Sold by
Aiello Elani L
Bought by
Aiello David

Purchase Details

Closed on
Feb 12, 2010
Sold by
Aiello David
Bought by
Aiello David and Aiello Elani L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,279
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 2010
Sold by
Aiello Elani L
Bought by
Aiello David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,279
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Aiello David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,279
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2009
Sold by
Wolfe Zachary Michael
Bought by
Deutsche Bank National Trust Company and American Home Mortgage Investment Trust

Purchase Details

Closed on
Sep 2, 2005
Sold by
Moore David W
Bought by
Wolfe Zachary Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
1.4%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 8, 2005
Sold by
Sampat Mar Patricia J and Sampat Pratima J
Bought by
Moore David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2000
Sold by
Bialac James T and Altman Alice Sue
Bought by
Sampat Pratima J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2000
Sold by
Bernhardt Dan
Bought by
Db & Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1996
Sold by
Bialac James T and Bialac Gerald I
Bought by
Bialac James T and Altman Alice Sue
Source: Public Records

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Range of Values:

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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
Lawfield Monica Jean $260,000 Lawyers Title Of Arizona Inc
Beroud Marc A $225,000 Old Republic Title Agency
Palmer Gerald E $165,000 Old Republic Title Agency
Aiello David -- None Available
Aiello David -- None Available
Aiello David -- Lsi Title Company
Aiello David $95,000 Lsi Title Company
Deutsche Bank National Trust Company $157,500 Fidelity Natl Title Ins Co
Wolfe Zachary Michael $205,000 --
Moore David W $154,900 Security Title Agency Inc
Sampat Pratima J $112,000 Security Title Agency
Db & Associates Llc -- Security Title Agency
Bialac James T -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawfield Monica Jean $250,000
Previous Owner Beroud Marc A $180,000
Previous Owner Palmer Gerald E $132,000
Previous Owner Aiello David $93,279
Previous Owner Aiello David $93,279
Previous Owner Wolfe Zachary Michael $164,000
Previous Owner Moore David W $100,000
Previous Owner Sampat Mar Pratima J $66,500
Previous Owner Sampat Pratima J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2016 07/18/16 Sold $260,000 -5.5% $155 / Sq Ft
04/11/2016 04/11/16 Price Changed $275,000 -3.5% $164 / Sq Ft
03/04/2016 03/04/16 Price Changed $285,000 -5.0% $170 / Sq Ft
01/21/2016 01/21/16 For Sale $299,900 +33.3% $179 / Sq Ft
10/21/2014 10/21/14 Sold $225,000 0.0% $134 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $225,000 +36.4% $134 / Sq Ft
09/19/2013 09/19/13 Sold $165,000 -3.5% $99 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
07/28/2013 07/28/13 For Sale $171,000 -- $102 / 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 $1,467 $13,452 -- --
2024 $1,424 $12,811 -- --
2023 $1,424 $31,360 $6,270 $25,090
2022 $1,378 $24,230 $4,840 $19,390
2021 $1,406 $23,480 $4,690 $18,790
2020 $1,384 $22,500 $4,500 $18,000
2019 $1,352 $19,760 $3,950 $15,810
2018 $1,317 $17,410 $3,480 $13,930
2017 $1,250 $16,520 $3,300 $13,220
2016 $1,205 $13,230 $2,640 $10,590
2015 $1,121 $12,280 $2,450 $9,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5386999

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-27-058A