NOT LISTED FOR SALE

6502 N Central Ave Unit B101 Phoenix, AZ 85012

Alhambra Neighborhood

Estimated Value: $449,000 - $564,000

2 Beds
2 Baths
1,444 Sq Ft
$726/mo HOA Fee

Last Sold April 01, 2022

Last sale price $457,000 $316 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,691/month

16 Days on Market

Highlights

  • Gated Parking
  • Clubhouse
  • End Unit
  • Madison Richard Simis School Rated A-
  • Contemporary Architecture
  • Community Pool

About This Home

As of April 2022

Welcome home to The Olympus, a Modern Classic in an A+ location! Adjacent to the historic Murphy Bridal Path in North Central Phoenix and just minutes from trendy restaurants, wine bars and cafes. You will be impressed by the modern updates while still keeping the feel of the classic ambience of The Olympus. This move in ready unit features a spacious main living area and opens up to the updated kitchen including stainless steel appliances & Corian counters. Light and bright main bedroom with gorgeous main bathroom featuring a walk in shower. The amenities are top notch featuring a pool, clubhouse, grill, and secure underground parking. Hurry and see this perfect Central Phoenix ground floor condo today!

Last Listed By

Monique Walker

RE/MAX Excalibur License #SA544942000 Listed on: 02/24/2022

RE/MAX Excalibur

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,269

Year Built

  • Built in 1964

Lot Details

  • End Unit
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $726 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Assigned Parking

Home Design

  • Designed by Robert Starkovich Architects
  • Contemporary Architecture
  • Roof Updated in 2022
  • Built-Up Roof
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 1,444 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Built-In Microwave
  • Washer and Dryer Hookup

Flooring

  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Updated in 2021
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Property is near a bus stop

Listing and Financial Details

  • Legal Lot and Block B101 / 1017
  • Assessor Parcel Number 161-27-059-A

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, cable TV, ground maintenance, street maintenance, front yard maint, air conditioning and heating, trash, water, roof replacement, maintenance exterior
  • Osselaer Association, Phone Number (602) 277-4418
  • High-Rise Condominium
  • Olympus Amd Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Pool
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,269

Year Built

Built in 1964

Lot Details

0

HOA Fees

$726 per month

Parking

2

Listing Details

  • Cross Street: Central Ave & Maryland
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • Architect Architect: Robert Starkovich
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 725.77
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2021
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2017
  • Items Updated Roof Yr Updated: 2022
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1964
  • Tax Year: 2021
  • Directions: From Central and Maryland, turn West and park along Maryland. Building B (on right)
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: OLYMPUS AMD
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 725.77
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Concrete
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Interior Steps, Pantry, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
  • Living Area: 1444.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: End Unit
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Built-Up, Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop, Biking/Walking Path, Clubhouse
  • Amenities: Management
  • Association Fee: 725.77
  • Association Fee Frequency: Monthly
  • Association Name: Olympus HOA
  • Phone: 602-277-4418
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Olympus HOA
  • Association Fees:HOA Telephone4: 602-277-4418
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1451.54
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Osselaer
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street 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

Fee Information

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

Schools

  • Elementary School: Madison Richard Simis School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1310.0
  • Parcel #: 161-27-059-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 1269.0
  • Tax Block: 1017
  • Tax Book Number: 161.00
  • Tax Lot: B101
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Apr 1, 2022
Sold by
Yee and Lynn
Bought by
Adan And Kimberly Madrigal Family Trust
Seller's Agent
Monique Walker
RE/MAX Excalibur
Buyer's Agent
Ardra Hansen
The Brokery
List Price
$450,000
Sold Price
$457,000
Premium/Discount to List
$7,000
1.56%
Total Days on Market
16
Current Estimated Value
$512,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,180
Avg. Annual Appreciation
3.24%
Original Mortgage
$434,150
Outstanding Balance
$409,952
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$94,369

Purchase Details

Listed on
Mar 3, 2017
Closed on
May 22, 2017
Sold by
Mannes Scott G and Todicheeney Rydell L
Bought by
Yee Mark and Yee Lynn
Seller's Agent
Joey Hallatt
Cambridge Properties
Buyer's Agent
Kim Majid
My Home Group Real Estate
List Price
$214,900
Sold Price
$203,900
Premium/Discount to List
-$11,000
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.15%
Original Mortgage
$123,900
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2010
Sold by
Citibank Na
Bought by
Mannes Scott G and Todicheeney Rydell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2009
Sold by
Hyllested Paul
Bought by
Citibank Na

Purchase Details

Closed on
Dec 17, 2008
Sold by
Eihausen Randy
Bought by
Hyllested Paul

Purchase Details

Closed on
Mar 17, 2006
Sold by
Hyllested Paul
Bought by
Hyllested Paul N and Eihausen Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,700
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2006
Sold by
Eihausen Randy J
Bought by
Hyllested Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,700
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2002
Sold by
Vullo Steven M and Vullo Gina M
Bought by
Eihausen Randy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 1998
Sold by
Krause Richard G and Krause Lorraine E
Bought by
Vullo Steven M and Vullo Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,800
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 1996
Sold by
Gagner Ella M
Bought by
Krause Richard G and Krause Lorraine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
9.5%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Adan And Kimberly Madrigal Family Trust $457,000 New Title Company Name
Adan And Kimberly Madrigal Family Trust $457,000 New Title Company Name
Yee Mark $203,900 Great American Title Agency
Mannes Scott G $91,000 First American Title Ins Co
Citibank Na $78,625 First American Title
Hyllested Paul -- None Available
Hyllested Paul N -- None Available
Hyllested Paul $205,900 Security Title Agency Inc
Eihausen Randy J $106,500 Security Title Agency
Vullo Steven M $113,500 Security Title Agency
Krause Richard G $80,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adan And Kimberly Madrigal Family Trust $434,150
Closed Adan And Kimberly Madrigal Family Trust $434,150
Previous Owner Yee Mark $118,000
Previous Owner Yee Mark $123,900
Previous Owner Mannes Scott G $72,800
Previous Owner Hyllested Paul $164,700
Previous Owner Hyllested Paul $41,100
Previous Owner Eihausen Randy J $122,100
Previous Owner Eihausen Randy J $25,100
Previous Owner Eihausen Randy J $106,500
Previous Owner Vullo Steven M $90,800
Previous Owner Krause Richard G $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $457,000 +1.6% $316 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $450,000 +120.7% $312 / Sq Ft
05/31/2017 05/31/17 Sold $203,900 -2.9% $141 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
04/07/2017 04/07/17 Price Changed $209,900 -1.2% $145 / Sq Ft
03/25/2017 03/25/17 Price Changed $212,400 -1.2% $147 / Sq Ft
03/03/2017 03/03/17 For Sale $214,900 -- $149 / 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 $1,507 $12,135 -- --
2024 $1,467 $11,557 -- --
2023 $1,467 $28,900 $5,780 $23,120
2022 $1,423 $22,170 $4,430 $17,740
2021 $1,269 $21,430 $4,280 $17,150
2020 $1,248 $20,130 $4,020 $16,110
2019 $1,220 $17,950 $3,590 $14,360
2018 $1,188 $15,720 $3,140 $12,580
2017 $1,128 $14,700 $2,940 $11,760
2016 $1,240 $11,900 $2,380 $9,520
2015 $1,152 $10,870 $2,170 $8,700
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6357093

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-27-059A