NOT LISTED FOR SALE

8502 N Central Ave Unit 12 Phoenix, AZ 85020

North Central Neighborhood

Estimated Value: $273,891 - $288,000

2 Beds
1.5 Baths
1,117 Sq Ft
$253/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $170,000 $152 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,735/month

80 Days on Market

Highlights

  • Community Pool
  • Balcony
  • High Speed Internet
  • Sunnyslope High School Rated A
  • Central Air
  • Heating Available

About This Home

As of July 2020

North Central Corridor Condo - The Arbors Condominiums are a 27 unit complex nestled among the mature trees & vegetation outlining Central Avenue. This charming condo features 2 spacious bedrooms, 1 1/2 baths, generous family room with dining area, a balcony off of the second story. 2 covered parking spots are assigned. The community offers a sparkling community pool with ramada. Located in the coveted Central Corridor, with access to all it has to offer - Murphy Bridle path, Piestewa peak, parks, restaurants, museums, art galleries and entertainment.

Last Agent to Sell the Property

John Andrews

Keller Williams Arizona Realty License #SA575824000 Listed on: 03/21/2020

Keller Williams Arizona Realty

Last Buyer's Agent

Johnny Nicholson

Redfin Corporation License #BR649787000

Redfin Corporation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $682

Year Built

  • Built in 1974

Lot Details

  • 536

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,117 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

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

Schools

  • Washington Elementary School
  • Royal Palm Middle School
  • Glendale High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • 536 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 160-62-117

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, water, maintenance exterior
  • Arbors Condo. Town. Association, Phone Number (480) 635-1133
  • Arbors Cond Townhouses Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$682

Year Built

Built in 1974

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Cross Street: Central Ave / Northern Ave
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 185.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Tax Year: 2019
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.01
  • Subdivision Name: ARBORS COND TOWNHOUSES
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 152.19
  • Association Fees:HOA Fee2: 185.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Upstairs, Full Bth Master Bdrm
  • Living Area: 1117.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 185.0
  • Association Fee Frequency: Monthly
  • Association Name: Arbors Condo. Town.
  • Phone: 480-635-1133
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Arbors Condo. Town.
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Trash, Water, Maintenance Exterior

Schools

  • Elementary School: Washington Elementary School
  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Royal Palm Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 536.0
  • Parcel #: 160-62-117

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 682.0
  • Tax Book Number: 160.00
  • Tax Lot: 12
  • Tax Map Number: 62.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2020
Closed on
Jun 30, 2020
Sold by
Zeitlin Rachelle
Bought by
Manzanarez Laura and Manzanarez Laura Schugler
Seller's Agent
John Andrews
Keller Williams Arizona Realty
Buyer's Agent
Johnny Nicholson
Redfin Corporation
List Price
$184,900
Sold Price
$170,000
Premium/Discount to List
-$14,900
-8.06%
Current Estimated Value
$282,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,473
Avg. Annual Appreciation
9.82%
Original Mortgage
$136,000
Outstanding Balance
$120,596
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$161,877

Purchase Details

Closed on
Oct 15, 2002
Sold by
Sirota Zalman and Sirota Rachel
Bought by
Zeitlin Rachelle

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
7.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List 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
Manzanarez Laura $170,000 Old Republic Title Agency
Zeitlin Rachelle $80,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manzanarez Laura $136,000
Previous Owner Zeitlin Rachelle $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2020 07/08/20 Sold $170,000 -2.8% $152 / Sq Ft
06/08/2020 06/08/20 Price Changed $174,900 -2.2% $157 / Sq Ft
04/30/2020 04/30/20 Price Changed $178,900 -1.6% $160 / Sq Ft
04/23/2020 04/23/20 Price Changed $181,900 -1.4% $163 / Sq Ft
04/13/2020 04/13/20 Price Changed $184,400 -0.1% $165 / Sq Ft
04/01/2020 04/01/20 Price Changed $184,500 -0.2% $165 / Sq Ft
03/21/2020 03/21/20 For Sale $184,900 -- $166 / 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 $765 $6,867 -- --
2024 $722 $6,540 -- --
2023 $722 $20,800 $4,160 $16,640
2022 $696 $16,210 $3,240 $12,970
2021 $714 $15,060 $3,010 $12,050
2020 $695 $13,280 $2,650 $10,630
2019 $682 $10,660 $2,130 $8,530
2018 $663 $7,850 $1,570 $6,280
2017 $661 $6,100 $1,220 $4,880
2016 $649 $7,500 $1,500 $6,000
2015 $602 $8,310 $1,660 $6,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6054545

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-62-117