NOT LISTED FOR SALE

6502 N Central Ave Unit B201 Phoenix, AZ 85012

Alhambra Neighborhood

Estimated Value: $429,000 - $511,000

2 Beds
2 Baths
1,444 Sq Ft
$547/mo HOA Fee

Last Sold July 23, 2013

Last sale price $177,500 $123 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $3,153/month

26 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Parking
  • Contemporary Architecture
  • Madison Richard Simis School Rated A-
  • Clubhouse
  • Property is near public transit

About This Home

As of July 2013

Disregard Days On Market,Fell Out Of Escrow Due to Buyer Financing Issues! A True Mid-Century Gem in the 1964 Landmark Bob Starkovich Designed Olympus Complex Along the N. Central PHX Corridor! Striking Contemporary Condo was Completely Renovated Fall of 2012. Custom Bamboo Cabinetry, European Hardware, Open Concept Kitchen, Cork Flooring Thru-out & New Tiles in Bathrooms. Custom Barn Wood Door to 2nd Bedroom/Den. Rajasthan Marble & Extensive Use of Caesarstone. Travertine Balcony w/Fabulous Views of Pool & Clubhouse. Secure Parking-2 Spaces, Extra Storage & Elevators. HOA includes:AC/Heat,Basic Cable, Electrical,Blanket Insurance & Maintenance. The Olympus is the Heart of a Well Established Tree Lined Residential Neighborhood Beside Murphy's Bridle Path & Many Neighborhood Restaurants! A MUST SEE... A True Mid-Century Gem in the Landmark Bob Starkovich Designed in 1964 in the Highly Sought After Olympus Complex, Along the North Central Phoenix Corridor. Only 36 Units in All!
This Spacious 1,444 Square Foot Striking Contemporary, Concrete 2nd Floor End Unit Condo was Completely Renovated in the Fall of 2012. New Beautiful Cork Flooring & Contemporary Light Fixtures Throughout. Unique Interior Ceilings Give a True Urban Feel.
Open-Concept Kitchen with Custom Bamboo Cabinetry, European Hardware, Caesarstone Countertops, Glass Hand Painted Wall Art Back Splash & All New Stainless Steel Appliances Including the Refrigerator and Flat-top Electric Range.
Both Bathrooms Have New Tile Flooring , Rajasthan Indian Marble and Extensive Use of Caesarstone Countertops with the Original Contemporary Cabinetry. Master Bathroom has Large Vanity with Sitting Area, His & Her Stainless Steel Sinks and Tile Surround Deep Soaking Bath Tub.
Spacious Master Bedroom with Sitting Area and Walk-in Closet. Gorgeous Reclaimed Barn Wood Sliding Door to 2nd Bedroom/Den with Eleven Foot Walnut Desk Area.
Inside laundry Room with Washer/Dryer Included.
Dining in Large Living/Great Room. Living Room with Contemporary Built-in Decorative Wall Unit with Sliding Arcadia Door that Opens to the Covered Patio/Balcony with a Fabulous View of the Huge Sparkling Community Pool, Newly Constructed & Landscaped Social Area and Clubhouse with Pool Table. A Fabulous Space for Entertaining!
Contemporary Lines and Finishes, Retro, Punchy and Cool!
The Complex Boasts Gated Secure Underground Parking with 2 Assigned Parking Spaces, Extra Storage Space & Keyed Elevators. Complex is Pet Friendly and Includes a Fenced Dog Run.
HOA Includes: A/C and Heat, Electrical, Water, Sewer, Garbage Collection, Basic Cable, Blanket Insurance Policy, Roof Replacement, Exterior & Common Area Maintenance.
The Olympus is in the Heart of a Well-Established, Residential Neighborhood with Tree-Lined Streets, Bordering the Shaded, Historic Murphy's Bridle Path. The Olympus is Only Minutes from Urban Neighborhood Restaurants, The Federal, Z Tejas, Postinos, St. Francis, Luci's Healthy Marketplace, Windsor, Maizies, Tammie Coe Breads and Pastries to Name Just a Few.
The Metro Light Rail is a Short Stroll or Quick Bus Ride Away. The Heard Museum, Phoenix Art Gallery and Chase Field are Just Down Central Avenue from The Olympus. Great Hiking at Phoenix Mountains Preserve and Cycling Along the Arizona Canal Path are Within Easy Reach. This is a Stunning Condo in a Remarkable Location! Check It Out, You Will Not Be Disappointed!
Living Room Sony TV, Samsung Sound Bar, George Nelson Bubble Lamp and 2nd Bedroom/Den Cigar Wall Sconce Do Not Convey.

Last Agent to Sell the Property

Jacqueline Dempsey

HomeSmart License #BR544944000 Listed on: 06/05/2013

HomeSmart

Co-Listed By

Dennis Dempsey

HomeSmart License #SA639966000

Last Buyer's Agent

Andrew Monaghan

Real Broker License #BR526609000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $900

Year Built

  • Built in 1964

Lot Details

  • End Unit
  • 1 Common Wall
  • Wrought Iron Fence

HOA Fees

  • $547 Monthly HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,444 Sq Ft Home
  • 4-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • Unit is on the top floor
  • Property is near public transit
  • 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

  • Tax Lot B201
  • Assessor Parcel Number 161-27-063-A

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, 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 Monarch
  • Olympus Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$900

Year Built

Built in 1964

Lot Details

0

HOA Fees

$547 per month

Parking

2

Listing Details

  • Cross Street: Central Ave and Maryland Ave.
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • 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: 547.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2012
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2012
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2012
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1964
  • Tax Year: 2012
  • Directions: From Central West on Maryland to Property on NW Corner. Unit is Located in B Building 2nd Floor End Unit. Park on Maryland or Visitor Parking Between A and B Building.
  • Property Sub Type: Apartment
  • Horses: No
  • Co List Office Mls Id: cril01
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: Olympus
  • Architectural Style: Contemporary
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 547.0
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Building Style:High Rise: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Other, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Elevator, Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1444.0
  • Stories: 4
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Patio
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Below, Neighbor Above, End Unit
  • 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: 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
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Light Rail Stop, Near Bus Stop, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 547.0
  • 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: 500.0
  • 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 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:Air CondHeating: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, 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: 131.0
  • Parcel #: 161-27-063-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Monarch

Tax Info

  • Tax Annual Amount: 900.5
  • Tax Book Number: 161.00
  • Tax Lot: B201
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2013
Closed on
Jul 23, 2013
Sold by
Casey Anthony P
Bought by
Stoichkov Borian and Stoichkov Patricia Constance
Seller's Agent
Jacqueline Dempsey
HomeSmart
Buyer's Agent
Andrew Monaghan
Real Broker
List Price
$182,500
Sold Price
$177,500
Premium/Discount to List
-$5,000
-2.74%
Current Estimated Value
$470,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,216
Avg. Annual Appreciation
8.50%
Original Mortgage
$133,125
Outstanding Balance
$98,192
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$381,928

Purchase Details

Listed on
Oct 10, 2011
Closed on
Apr 20, 2012
Sold by
Smitih Jason T and Rojas Smithi Natalie R
Bought by
Casey Anthony P
Seller's Agent
Jim Mitchell
Realty ONE Group
Buyer's Agent
Jacqueline Dempsey
HomeSmart
List Price
$99,000
Sold Price
$82,000
Premium/Discount to List
-$17,000
-17.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.41%

Purchase Details

Closed on
Nov 27, 2006
Sold by
Smith Jason T and Rojas Smith Natalie R
Bought by
Smith Jason T and Rojas Smith Natalie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2005
Sold by
Fetters Glenna
Bought by
Smith Jason T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,150
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1996
Sold by
King Larry A
Bought by
Fetters Glenna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
8.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stoichkov Borian $177,500 Clear Title Agency Of Arizon
Casey Anthony P $82,000 Pioneer Title Agency Inc
Smith Jason T -- Chicago Title Insurance Comp
Smith Jason T $157,000 Chicago Title Insurance Co
Fetters Glenna M $72,500 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoichkov Borian $133,125
Previous Owner Smith Jason T $152,000
Previous Owner Smith Jason T $149,150
Previous Owner Fetters Glenna M $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2013 07/23/13 Sold $177,500 -2.7% $123 / Sq Ft
07/22/2013 07/22/13 Price Changed $182,500 0.0% $126 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
06/15/2013 06/15/13 For Sale $182,500 0.0% $126 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
06/05/2013 06/05/13 For Sale $182,500 +122.6% $126 / Sq Ft
04/27/2012 04/27/12 Sold $82,000 0.0% $57 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
04/04/2012 04/04/12 Off Market $82,000 -- --
02/04/2012 02/04/12 Price Changed $83,000 -2.4% $57 / Sq Ft
01/04/2012 01/04/12 Price Changed $85,000 -5.5% $59 / Sq Ft
12/07/2011 12/07/11 Price Changed $89,900 -4.3% $62 / Sq Ft
11/08/2011 11/08/11 Price Changed $93,900 -5.2% $65 / Sq Ft
10/10/2011 10/10/11 For Sale $99,000 -- $69 / 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 $1,323 $12,135 -- --
2024 $1,285 $11,557 -- --
2023 $1,285 $28,900 $5,780 $23,120
2022 $1,244 $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 $1,087 $11,900 $2,380 $9,520
2015 $1,011 $10,870 $2,170 $8,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4947878

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-27-063A