$607,500
SOLD DEC 27, 2024

6502 N Central Ave Unit D401 Phoenix, AZ 85012

Alhambra Neighborhood
2 Beds
2 Baths
1,880 Sq Ft
$1,107/mo HOA Fee

Recently Sold

$323 Per Sq Ft

3% Below List Price

37 Days on Market

Highlights

  • Private Pool
  • Gated Parking
  • Clubhouse
  • Madison Richard Simis School Rated A-
  • Mountain View
  • Property is near public transit

About This Home

As of December 2024

This beautiful mid-century penthouse, designed by renowned architect Starkovich, seamlessly blends historic charm with modern living. Situated along the iconic, tree-lined Central Ave in one of Phoenix's most sought-after neighborhoods, this original 2-bedroom, 2-bathroom home boasts breathtaking north-facing views of Piestewa Peak and stunning sunsets, framed by an impressive wall of windows. Just steps away, the scenic Murphy Bridal Trail offers a perfect escape for hiking enthusiasts and nature lovers.

Bathed in natural light, the bright and airy interior creates an inviting atmosphere. The spacious great room is perfect for hosting gatherings or simply enjoying a peaceful morning coffee as the sunrise fills the space with warmth and light. HOA replaced roofs 2023, A/C & Heat piping 2024 they will also be redoing the wrap around patio.

HOA includes utilities: cooling, heating, water, trash, sewer, cox cable and cox internet

Owner only pays for electricity (minus heating and cooling)

Complex was also just approved as Historical landmark which decreases homeowners' property tax as long as they are owner occupied

Last Agent to Sell the Property

Brittney McGuire

Great Way Real Estate License #BR680761000 Listed on: 09/13/2024

Co-Listed By

Chad Denke

Great Way Real Estate License #SA665643000

Last Buyer's Agent

Miriam Hayenga

HomeSmart License #SA538809000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,774

Year Built

  • Built in 1964

HOA Fees

  • $1,107 Monthly HOA Fees

Home Design

  • Block Exterior

Interior Spaces

  • 1,880 Sq Ft Home
  • 4-Story Property
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

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

Additional Features

  • Wrought Iron Fence
  • Cooling System Updated in 2024

Listing and Financial Details

  • Tax Lot D401
  • Assessor Parcel Number 161-27-083-A

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, air conditioning and heating, trash, water, roof replacement, maintenance exterior
  • Osselaer Association, Phone Number (602) 277-4418
  • Olympus Amd Subdivision, Penthouse Floorplan

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,774

Year Built

Built in 1964

Lot Details

0

HOA Fees

$1,107 per month

Listing Details

  • Cross Street: N Central Ave & Glendale Ave
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1107.37
  • Basement: N
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2024
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1964
  • Tax Year: 2023
  • Directions: South on N Central from Glendale to W Maryland Ave. Condominium complex on North/West corner of N Central and W Maryland, Unit is in the 2nd building on the 4th floor
  • Master Model: Penthouse
  • Property Sub Type: Apartment
  • Horses: No
  • Co List Office Mls Id: gway02
  • Co List Office Phone: 480-550-8880
  • Subdivision Name: OLYMPUS AMD
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1107.37
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 1880.0
  • Stories: 4
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Storage
  • Pool Features: Fenced
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: See Remarks
  • Construction:Block: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Parking Features: Electric Door Opener, Separate Strge Area, Assigned, Community Structure, Gated
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Other
  • Heating: Other
  • Water Source: City Water
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Community Pool Htd, Near Light Rail Stop, Near Bus Stop, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 1107.37
  • Association Fee Frequency: Monthly
  • Association Name: The Olympus
  • Phone: 602-277-4418
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: The Olympus
  • Association Fees:HOA Telephone4: 602-277-4418
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2214.74
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 2214.74
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Osselaer
  • 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, Maintenance Grounds, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Madison Elementary 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: 173.0
  • Parcel #: 161-27-083-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1774.0
  • Tax Book Number: 161.00
  • Tax Lot: D401
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Dec 18, 2024
Sold by
Donald And Audrey M White Living Trust and White Audrey M
Bought by
Regan Melody
Seller's Agent
Brittney McGuire
Great Way Real Estate
Buyer's Agent
Miriam Hayenga
HomeSmart
List Price
$625,000
Sold Price
$607,500
Premium/Discount to List
-$17,500
-2.8%
Total Days on Market
37
Views
37
Current Estimated Value
$599,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,478
Avg. Annual Appreciation
-3.01%
Original Mortgage
$307,500
Outstanding Balance
$306,706
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$292,316

Purchase Details

Closed on
Jan 2, 2015
Sold by
White Drake and White Yvonne
Bought by
White Audrey

Purchase Details

Closed on
Jul 22, 2014
Sold by
Gregorio Joseph G
Bought by
White Drake and White Yvonne

Purchase Details

Closed on
Dec 1, 2010
Sold by
Paynich Stephanie I and Omalley Stephanie I
Bought by
Gregorio Joseph G

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
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2001
Sold by
Omalley William J
Bought by
Omalley Stephanie I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.98%

Purchase Details

Closed on
Jun 18, 1999
Sold by
Omalley William J and Omalley Stephanie I
Bought by
Omalley William J and Omalley Stephanie I

Purchase Details

Closed on
May 27, 1998
Sold by
Muirhead Helen L
Bought by
Omalley William J and Omalley Stephanie I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,200
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 1996
Sold by
Ducote John B
Bought by
Muirhead Helen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
7.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 1995
Sold by
Cuzick Harrison R and Cuzick Wanda J
Bought by
Ducote John B and Ducote Barbara J

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
8.51%
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 $607,500 Grand Canyon Title
Warranty Deed $607,500 Grand Canyon Title
Interfamily Deed Transfer -- None Available
Warranty Deed $182,000 Empire West Title Agency
Warranty Deed $125,000 Security Title Agency
Interfamily Deed Transfer -- Ati Title Agency
Interfamily Deed Transfer -- --
Joint Tenancy Deed $151,500 Chicago Title Insurance Co
Warranty Deed $141,000 First American Title
Joint Tenancy Deed $125,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $307,500 New Conventional
Closed $307,500 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $187,775 FHA
Previous Owner $144,000 No Value Available
Previous Owner $121,200 New Conventional
Previous Owner $108,500 New Conventional
Previous Owner $100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $607,500 -2.8% $323 / Sq Ft
09/13/2024 09/13/24 For Sale $625,000 -- $332 / 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 $1,823 $14,675 -- --
2024 $1,774 $13,976 -- --
2023 $1,774 $33,410 $6,680 $26,730
2022 $1,721 $25,960 $5,190 $20,770
2021 $1,736 $25,220 $5,040 $20,180
2020 $1,709 $24,530 $4,900 $19,630
2019 $1,671 $21,310 $4,260 $17,050
2018 $1,630 $18,850 $3,770 $15,080
2017 $1,553 $18,080 $3,610 $14,470
2016 $1,500 $14,360 $2,870 $11,490
2015 $1,393 $13,510 $2,700 $10,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6757231

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-27-083A