NOT LISTED FOR SALE

7601 N Central Ave Unit 25 Phoenix, AZ 85020

Alhambra Neighborhood

Estimated Value: $1,181,959 - $1,293,000

3 Beds
3 Baths
2,639 Sq Ft
$468/Sq Ft Est. Value

Last Sold October 17, 2018

Last sale price $775,000 $294 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,871/month

24 Days on Market

Highlights

  • Play Pool
  • Gated Community
  • Wood Flooring
  • Madison Richard Simis School Rated A-
  • Family Room with Fireplace
  • Santa Barbara Architecture

About This Home

As of October 2018

Great opportunity in NC's most desirable gated community!!! Single level, completely remodeled with high-end finishes including granite and marble counters and custom cabinetry. Walls of windows provide a view of the side-yard sculpture garden and north-facing, professionally landscaped backyard with pool. Tile and wood flooring, tall ceilings, crown molding, solid-core doors, and deep baseboards. The high-end, custom kitchen is open to the family room with fireplace. LR/DR with wet bar and modern fireplace. Spacious Master suite. Additional guest suite and third bedroom currently used as an office are split. Interior design by Karen Rapp Interiors. See Documents for further details.

Last Agent to Sell the Property

Becky Blum

Coldwell Banker Realty License #SA561600000 Listed on: 07/17/2018

Last Buyer's Agent

Stephen Caniglia

Compass License #SA554647000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,075

Year Built

  • Built in 1993

Lot Details

  • 8,573 Sq Ft Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,639 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Double Pane Windows
  • Tinted Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Play Pool
  • Covered patio or porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12 / 7600
  • Assessor Parcel Number 160-39-065

Community Details

Overview

  • Association fees include ground maintenance
  • Mgt Support Services Association, Phone Number (602) 978-2090
  • Built by Monterey
  • La Reserve Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,075

Year Built

Built in 1993

Lot Details

0

HOA Fees

$267 per month

Parking

2

Listing Details

  • Cross Street: Central Ave and Northern
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 266.67
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2016
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2013
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2014
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2013
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2010
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1993
  • Tax Year: 2017
  • Directions: South from Northern on Central Ave to gated entrance on the east side of Central.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: La Reserve
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 800.0
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace, Family Room, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 2639.0
  • Stories: 1
  • Window Features: Dual Pane, Tinted Windows
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Street(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 800.0
  • Association Fee Frequency: Quarterly
  • Association Name: La Reserve
  • Phone: 602-978-2090
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 600.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: La Reserve
  • Association Fees:HOA Telephone4: 602-978-2090
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Mgt Support Services
  • Association Fees:HOA Management Phone: 602-978-2090
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 8573.0
  • Parcel #: 160-39-065
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Monterey

Tax Info

  • Tax Annual Amount: 6075.26
  • Tax Block: 7600
  • Tax Book Number: 160.00
  • Tax Lot: 12
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2021
Sold by
Smith Marshall L and Smith Gerri L
Bought by
Smith Marshall L and Smith Gerri L
Total Days on Market
24
Current Estimated Value
$1,252,976

Purchase Details

Listed on
Jul 17, 2018
Closed on
Oct 1, 2018
Sold by
Cummins Frank L and Cummins Roberta R
Bought by
Smith Marshall L and Smtih Gerri L
Seller's Agent
Becky Blum
Coldwell Banker Realty
Buyer's Agent
Stephen Caniglia
Compass
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$580,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 5, 2004
Sold by
Cummins Frank L and Cummins Roberta R
Bought by
Cummins Frank L and Cummins Roberta R

Purchase Details

Closed on
Jul 6, 2001
Sold by
Fefer Richard J and Fefer Helen J
Bought by
Fefer Richard J and Fefer Helene J

Purchase Details

Closed on
Dec 14, 1998
Sold by
Cooper Alan
Bought by
Cummins Frank L and Cummins Roberta R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 1994
Sold by
Dmb Property Ventures Ltd Partnership
Bought by
Monterey Management Inc

Purchase Details

Closed on
Sep 16, 1994
Sold by
Monterey Management Inc
Bought by
Monterey Homes Corp
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 Buyer Sale Price Title Company
Smith Marshall L -- None Available
Smith Marshall L $775,000 Equity Title Agency Inc
Cummins Frank L -- --
Fefer Richard J -- --
Cummins Frank L $390,000 Chicago Title Insurance Co
Monterey Management Inc -- --
Monterey Homes Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gm Smith Trust $350,000
Closed Smith Marshall L $310,000
Open Smith Marshall L $620,000
Closed Smith Marshall L $580,000
Previous Owner Cummins Frank L $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2018 10/17/18 Sold $775,000 -2.5% $294 / Sq Ft
09/14/2018 09/14/18 For Sale $795,000 0.0% $301 / Sq Ft
09/12/2018 09/12/18 Price Changed $795,000 0.0% $301 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $795,000 -- $301 / 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 $7,232 $63,060 -- --
2024 $7,023 $60,057 -- --
2023 $7,023 $86,150 $17,230 $68,920
2022 $6,795 $67,970 $13,590 $54,380
2021 $6,859 $65,060 $13,010 $52,050
2020 $6,743 $62,350 $12,470 $49,880
2019 $6,581 $59,030 $11,800 $47,230
2018 $6,405 $56,150 $11,230 $44,920
2017 $6,075 $51,320 $10,260 $41,060
2016 $5,845 $47,530 $9,500 $38,030
2015 $5,386 $39,620 $7,920 $31,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5798310

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-39-065