NOT LISTED FOR SALE

6502 N Central Ave Unit E402 Phoenix, AZ 85012

Alhambra Neighborhood

Estimated Value: $497,000 - $624,000

2 Beds
2 Baths
1,880 Sq Ft
1,742 Sq Ft Lot

Last Sold May 13, 2021

Last sale price $460,000 $245 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,331/month

Highlights

  • Unit is on the top floor
  • Clubhouse
  • Community Pool
  • Madison Richard Simis School Rated A-
  • 1 Fireplace
  • Balcony

About This Home

As of January 2023

Gorgeous 2 bed 2 bath condo, ready just for YOU! Rare opportunity to live in the exclusive 36 unit Mid-Century modern concrete condos at the fabulous Olympus on prestigious Central Ave. The 1880sq ft is perfect for entertaining with spacious living and dining areas. Kitchen includes electric range/oven, fridge, garbage disposal, and dishwasher. Washer and dryer included too! This desirable condo is just steps away from walking, biking, and jogging along Murphys Bridle Path, uptown dining and shopping. Piestewa Peak & North mountain are just a short car or bike ride away for some of the best hiking and scenery Phoenix has to offer. Water/sewer/trash included!

Last Agent to Rent the Property

Israel Barouk

E & G Real Estate Services License #SA701921000 Listed on: 10/20/2022

Last Renter's Agent

Michael J. Misheski

HomeSmart License #SA584449000

HomeSmart

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,823

Year Built

  • Built in 1964

Lot Details

  • 1,742

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Built-Up Roof

Interior Spaces

  • 1,880 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

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

Schools

  • Madison Elementary School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Balcony
  • Grass Covered Lot

Listing and Financial Details

  • Property Available on 12/7/22
  • $150 Move-In Fee
  • Rent includes water, sewer, garbage collection
  • 12-Month Minimum Lease Term
  • Tax Lot E402
  • Assessor Parcel Number 161-27-086-A

Community Details

Overview

  • Property has a Home Owners Association
  • The Olympus HOA, Phone Number (602) 277-4418
  • Olympus Amd Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,823

Year Built

Built in 1964

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Water, Sewer, Garbage Collection
  • Available Date: 2022-12-07

Listing Details

  • Cross Street: Central & Maryland
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1964
  • Rental Info H O A Name: THE OLYMPUS HOA
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.3
  • Initial Move In Costs Admin Fee: 150.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Apartment Style/Flat
  • Horses: No
  • Lot Size Acres: 0.04
  • Subdivision Name: OLYMPUS AMD
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Elevator, No Interior Steps, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
  • Living Area: 1880.0
  • Stories: 4
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Other
  • Exterior Features: Balcony
  • Lot Features: Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: Neighbor Below
  • Construction Type: See Remarks
  • Roof: Built-Up, Rolled/Hot Mop
  • Construction:Other (See Remarks)23: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop, Clubhouse
  • Association Name: THE OLYMPUS HOA
  • Phone: 602-277-4418
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 1880.0
  • Parcel #: 161-27-086-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Book Number: 161.00
  • Tax Lot: E402
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
May 12, 2021
Sold by
Lango Edward K
Bought by
Stein E402 Llc
Seller's Agent
Rodney Coty
Compass
Buyer's Agent
Michael Dmuchoski
UMe Realty Group
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Current Estimated Value
$580,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,667
Avg. Annual Appreciation
5.35%

Purchase Details

Closed on
Mar 23, 2009
Sold by
Lange Edward Kenneth
Bought by
Lange Edward K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
4.8%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2006
Sold by
Lange Edward Kenneth
Bought by
Lange Edward Kenneth and Edward Kenneth Lange Living Trust

Purchase Details

Closed on
Aug 31, 2005
Sold by
Lange E Kenneth
Bought by
Lange E Kenneth and E Kenneth E Lange Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2005
Sold by
Lange Edward Kenneth
Bought by
Lange Edward Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2000
Sold by
Gray Richard L
Bought by
Lange Edward Kenneth and The Edward Kenneth Lange Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
7.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 6, 1997
Sold by
Grant Robert E and Grant Marguerite A
Bought by
Gray Richard L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Stein E402 Llc $460,000 Pioneer Title Agency Inc
Lange Edward K -- Accommodation
Lange Edward Kenneth -- None Available
Lange E Kenneth -- --
Lange Edward Kenneth -- First American
Lange Edward Kenneth $155,000 Security Title Agency
Gray Richard L $149,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lange Edward K $427,500
Previous Owner Lange Edward Kenneth $307,500
Previous Owner Lange Edward Kenneth $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2023 01/15/23 Rented $2,500 0.0% --
12/22/2022 12/22/22 Under Contract -- -- --
12/02/2022 12/02/22 Price Changed $2,500 -7.2% $1 / Sq Ft
11/14/2022 11/14/22 Price Changed $2,695 -3.6% $1 / Sq Ft
10/27/2022 10/27/22 Price Changed $2,795 -0.2% $1 / Sq Ft
10/20/2022 10/20/22 For Rent $2,800 +12.0% --
08/03/2021 08/03/21 For Rent $2,500 0.0% --
08/01/2021 08/01/21 Rented $2,500 -99.5% --
07/08/2021 07/08/21 Under Contract -- -- --
05/13/2021 05/13/21 Sold $460,000 +2.2% $245 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $450,000 -- $239 / 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 $1,504 $25,960 $5,190 $20,770
2021 $1,534 $25,220 $5,040 $20,180
2020 $1,509 $24,530 $4,900 $19,630
2019 $1,475 $21,310 $4,260 $17,050
2018 $1,436 $18,850 $3,770 $15,080
2017 $1,364 $18,080 $3,610 $14,470
2016 $1,314 $14,360 $2,870 $11,490
2015 $1,223 $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: 6479646

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-27-086A