$203,900
SOLD MAY 31, 2017

6502 N Central Ave Unit B101 Phoenix, AZ 85012

Alhambra Neighborhood
2 Beds
2 Baths
1,444 Sq Ft
$655/mo HOA Fee

Recently Sold

$141 Per Sq Ft

5% Below List Price

52 Days on Market

Highlights

  • Gated Parking
  • Clubhouse
  • End Unit
  • Madison Richard Simis School Rated A-
  • Contemporary Architecture
  • Corner Lot

About This Home

As of April 2022

Welcome to the Architecturally stunning building in North Central Phoenix called “The Olympus” It’s location is one of the finest in Phoenix. Nestled along Million Dollar homes. This convenient ground floor unit is located in the middle of a 3 building complex of 36 condos allowing easy access to the Pool, and a Cool Shaded patio. With Double sliding glass doors you can turn the patio into extra living space, perfect for those morning cups of coffee or evening beverage. The Kitchen is user friendly offering plenty of Granite Countertop and Cupboard space, while offering the benefit of not having your kitchen on display while entertaining in the living room. The enSuite is generously sized with a walk in Closet, and dual sinks. Olympus Newsletters under the Documents Tab!! Water, Sewer, and Garbage, Blanket Insurance as well as Cox Cable, Internet, Exterior and Common Area Maintenance. Secured parking is below the building, and the unit comes with 2 parking spaces and a separate storage unit. Check out the Latest Newsletters under the Documents Tabs.

Last Agent to Sell the Property

Joey Hallatt

Cambridge Properties License #BR518174000 Listed on: 03/03/2017

Last Buyer's Agent

Kim Majid

My Home Group Real Estate License #BR661055000

My Home Group Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,240

Year Built

  • Built in 1964

Lot Details

  • End Unit
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $655 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Assigned Parking

Home Design

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

Interior Spaces

  • 1,444 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Location

  • 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

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, front yard maint, air conditioning and heating, trash, water, roof replacement, maintenance exterior
  • Osselear Association, Phone Number (602) 277-4418
  • High-Rise Condominium
  • Built by Architect: Robert Starkovich
  • Olympus Amd Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Pool
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,240

Year Built

Built in 1964

Lot Details

0

HOA Fees

$655 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 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 655.21
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1964
  • Tax Year: 2016
  • Directions: From Central and Maryland, turn West and park along Maryland. Parking lot is currently getting strips and a gate installed. Enter through the walk through gates, up the ramp to 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: 655.21
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Building Style:High Rise: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1444.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Storage
  • Lot Features: Corner Lot, 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
  • 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: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • 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: 655.21
  • Association Fee Frequency: Monthly
  • Association Name: Osselear
  • Phone: 602-277-4418
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Osselear
  • 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: Osselear
  • 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: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, 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: Architect: Robert Starkovich

Tax Info

  • Tax Annual Amount: 1240.0
  • 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%
Current Estimated Value
$475,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,074
Avg. Annual Appreciation
1.44%
Original Mortgage
$434,150
Outstanding Balance
$409,952
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$69,400

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
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
Warranty Deed $457,000 New Title Company Name
Warranty Deed $457,000 New Title Company Name
Warranty Deed $203,900 Great American Title Agency
Special Warranty Deed $91,000 First American Title Ins Co
Trustee Deed $78,625 First American Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $205,900 Security Title Agency Inc
Warranty Deed $106,500 Security Title Agency
Warranty Deed $113,500 Security Title Agency
Warranty Deed $80,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $434,150 New Conventional
Closed $434,150 New Conventional
Previous Owner $118,000 New Conventional
Previous Owner $123,900 New Conventional
Previous Owner $72,800 New Conventional
Previous Owner $164,700 Purchase Money Mortgage
Previous Owner $41,100 Stand Alone Second
Previous Owner $122,100 Fannie Mae Freddie Mac
Previous Owner $25,100 Stand Alone Second
Previous Owner $106,500 New Conventional
Previous Owner $90,800 New Conventional
Previous Owner $72,000 New Conventional
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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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5569323

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-27-059A