$165,000
SOLD SEP 19, 2013

6502 N Central Ave Unit A204 Phoenix, AZ 85012

Alhambra Neighborhood
2 Beds
2 Baths
1,675 Sq Ft
1964 Built

Recently Sold

$99 Per Sq Ft

4% Below List Price

8 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Parking
  • Contemporary Architecture
  • Madison Richard Simis School Rated A-
  • Clubhouse
  • Vaulted Ceiling

About This Home

As of July 2016

Largest unit currently available at The Olympus, a high-demand Mid-Century Modern treasure in the North Central Corridor. 2 BR, 2 Baths, plus a den/office. It's a spacious layout with lots of natural light, barreled ceilings, and a private balcony that offers terrific sunset views. There are two assigned spaces in the underground parking garage, plus a storage unit. Fabulous location on the famous Murphy Bridle Path - a mecca for walkers, joggers and bikers which connects to miles of canal paths, too. Community pool and rec center. HOA fee is nearly all-inclusive (heating/cooling, water, sewer, basic cable, and exterior maintenance).

Last Agent to Sell the Property

Tom Bryant

HomeSmart License #SA025366000 Listed on: 07/28/2013

HomeSmart

Co-Listed By

Patrick Martin

HomeSmart License #SA035445000

Last Buyer's Agent

JoAnn Callaway

eXp Realty License #SA116490000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,161

Year Built

  • Built in 1964

Parking

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

Home Design

  • Contemporary Architecture
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,675 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Dishwasher
  • Stacked Washer and Dryer

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Location

  • Unit is on the top floor
  • Property is near a bus stop

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

Additional Features

  • No Interior Steps
  • Balcony
  • 1 Common Wall

Listing and Financial Details

  • 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
  • The Olympus Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,161

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Central Avenue and Maryland
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 624.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1964
  • Tax Year: 2012
  • Directions: Three building complex is located on the NW corner of Central and Maryland. Guest parking is located between the first 2 buildings.
  • Property Sub Type: Apartment Style/Flat
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: The Olympus
  • Architectural Style: Contemporary
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 624.0
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), No Interior Steps, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1675.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Community Features:Near Bus Stop: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Below
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Stacked Washer/Dryer, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, 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: 164.0
  • 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:HOA Management Phone: 602-277-4418
  • 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: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: 1161.0
  • 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 Type Sale Price Title Company
Cash Sale Deed $260,000 Lawyers Title Of Arizona Inc
Warranty Deed $225,000 Old Republic Title Agency
Warranty Deed $165,000 Old Republic Title Agency
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Lsi Title Company
Warranty Deed $95,000 Lsi Title Company
Trustee Deed $157,500 Fidelity Natl Title Ins Co
Warranty Deed $205,000 --
Warranty Deed $154,900 Security Title Agency Inc
Warranty Deed $112,000 Security Title Agency
Quit Claim Deed -- Security Title Agency
Interfamily Deed Transfer -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Previous Owner $180,000 New Conventional
Previous Owner $132,000 New Conventional
Previous Owner $93,279 FHA
Previous Owner $93,279 FHA
Previous Owner $164,000 Negative Amortization
Previous Owner $100,000 New Conventional
Previous Owner $66,500 Unknown
Previous Owner $50,000 New Conventional
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: 4974448

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-27-058A