NOT LISTED FOR SALE

Estimated Value: $951,000 - $1,081,386

3 Beds
3 Baths
2,381 Sq Ft
$1,454/mo HOA Fee

Last Sold March 20, 2024

Last sale price $924,000 $388 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,399/month

41 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gated Parking
  • Phoenix Coding Academy Rated A
  • Unit is on the top floor
  • City Lights View

About This Home

As of March 2024

Discover the epitome of high-rise luxury in the heart of Biltmore's financial district. One of the few 3 bed/3 bath, 2,381 sqft condo in Biltmore Optima, offering breathtaking panoramic mountain and city skyline views. Unique split floor plan showcases two primary ensuite bedrooms with walk-in closets. The 2023 kitchen remodel features new cabinets and stainless-steel appliances, including a gas GE Monogram cooktop. This unit includes 3 secured parking garage spaces & a storage locker. Experience the ultimate convenience with proximity to some of the finest resorts & spas, shopping, dining, entertainment, & golf. The amenities at the Optima are unparalleled, with an expansive state-of-the-art fitness center, club room & kitchen, business center, & the rooftop pool (scheduled completion mid to late 2024). Biltmore Optima is also pet-friendly and offers an on-site dog park for your four-legged friends. All of this with quick and easy access to the 51 freeway and a short drive to Old Town Scottsdale, downtown Phoenix, and Sky Harbor Airport.

Last Listed By

Brandon Trowbridge

Realty ONE Group License #BR576052000 Listed on: 01/18/2024

Realty ONE Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,576

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $1,454 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Concrete Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 2,381 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Solar Screens

Kitchen

  • Kitchen Updated in 2023
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Location

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

Schools

  • Madison Park Elementary And Middle School
  • Camelback High School

Utilities

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

Listing and Financial Details

  • Tax Lot 1321
  • Assessor Parcel Number 163-19-296

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, cable TV, ground maintenance, gas, trash, water, roof replacement, maintenance exterior
  • First Service Reside Association, Phone Number (602) 374-7085
  • High-Rise Condominium
  • Built by Optima
  • Optima Biltmore Towers Condominium 2Nd Amd Subdivision
  • 15-Story Property

Amenities

  • Concierge
  • Recreation Room

Recreation

  • Community Spa

Security

  • Security Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,576

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,454 per month

Parking

3

Listing Details

  • Cross Street: 24th Street & Camelback
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1453.54
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2010
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2010
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2023
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2023
  • Property Sub Type: Apartment Style/Flat
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: OPTIMA BILTMORE TOWERS CONDOMINIUM 2ND AMD
  • Architectural Style: Contemporary, Other (See Remarks)
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1453.54
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Elevator, Fire Sprinklers, No Interior Steps, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 2381.0
  • Stories: 15
  • Window Features: Vinyl Frame, Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Community Features:Concierge: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Covered Patio(s), Storage
  • Lot Features: Corner Lot
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Below, Neighbor Above, End Unit
  • Construction Type: Frame - Metal
  • Roof: Concrete
  • Construction:Frame - Metal: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Separate Strge Area, Assigned, Gated
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security Guard
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Near Bus Stop, Concierge, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 1453.54
  • Association Fee Frequency: Monthly
  • Association Name: First Service Reside
  • Phone: 602-374-7085
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: First Service Reside
  • Association Fees:HOA Telephone4: 602-374-7085
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 2906.0
  • Association Fees:Disclosure Fees HOA: 245.0
  • Association Fees:Other Fees HOA: 150.0
  • Association Fees:Other Fees Description: Move in fee
  • 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: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:Cable or Satellite: Yes
  • Association Fee Incl:Gas6: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Cable TV, Maintenance Grounds, Gas, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1477.0
  • Parcel #: 163-19-296
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Optima

Tax Info

  • Tax Annual Amount: 7576.0
  • Tax Book Number: 163.00
  • Tax Lot: 1321
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Mar 20, 2024
Sold by
Kest Daren
Bought by
Susan A Baroff 2006 Revocable Trust and Baroff
Seller's Agent
Brandon Trowbridge
Realty ONE Group
Buyer's Agent
Joshua Shaver
Russ Lyon Sotheby's International Realty
List Price
$1,050,000
Sold Price
$924,000
Premium/Discount to List
-$126,000
-12%
Total Days on Market
41
Views
1085
Current Estimated Value
$991,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,097
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Aug 23, 2023
Sold by
Nizam Family Trust
Bought by
Kest Daren G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2022
Closed on
Mar 1, 2022
Sold by
Nizam Family Trust
Bought by
Kest Daren G
Seller's Agent
Mariana Martin
The Brokery
Buyer's Agent
Brandon Trowbridge
Realty ONE Group
List Price
$849,000
Sold Price
$849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$636,750
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2016
Sold by
Nizam Amir Jamil and Nizam Yevgeniya Roshal
Bought by
Nizam Family Trust

Purchase Details

Listed on
Jul 16, 2014
Closed on
Feb 11, 2015
Sold by
Smith Marshall L and Smith Gerri
Bought by
Nizam Amir Jamil and Nizam Yevgeniva Roshal
Seller's Agent
Stephen Caniglia
Compass
Buyer's Agent
Shaun Krasowski
DPR Realty LLC
List Price
$849,000
Sold Price
$656,000
Premium/Discount to List
-$193,000
-22.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%

Purchase Details

Closed on
May 21, 2010
Sold by
Ing Bank Fsb
Bought by
Smith Marshall L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,937
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2009
Sold by
Le Hanh B
Bought by
Ing Bank Fsb

Purchase Details

Closed on
Feb 8, 2006
Sold by
Illinois Lp
Bought by
Le Hanh B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Susan A Baroff 2006 Revocable Trust $924,000 Magnus Title Agency
Kest Daren G $849,000 Chicago Title
Nizam Family Trust -- None Available
Nizam Amir Jamil $656,000 Security Title Agency
Smith Marshall L $399,900 Equity Title Agency Inc
Ing Bank Fsb $760,500 Accommodation
Le Hanh B $771,560 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kest Daren G $636,750
Previous Owner Kest Daren G $100,000
Previous Owner Kest Daren G $636,750
Previous Owner Smith Marshall L $580,000
Previous Owner Smith Marshall L $65,000
Previous Owner Smith Marshall L $251,937
Previous Owner Le Hanh B $109,500
Previous Owner Le Hahn B $1,128,000
Previous Owner Le Hanh B $600,000
Previous Owner Le Hanh B $94,200
Closed Nizam Amir Jamil $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $924,000 -2.7% $388 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/20/2024 02/20/24 Price Changed $950,000 -4.5% $399 / Sq Ft
02/01/2024 02/01/24 Price Changed $995,000 -5.2% $418 / Sq Ft
01/18/2024 01/18/24 For Sale $1,050,000 +23.7% $441 / Sq Ft
03/02/2022 03/02/22 Sold $849,000 0.0% $355 / Sq Ft
01/13/2022 01/13/22 For Sale $849,000 0.0% $355 / Sq Ft
08/17/2020 08/17/20 Rented $4,000 -6.9% --
03/23/2020 03/23/20 Price Changed $4,295 -4.4% $2 / Sq Ft
03/03/2020 03/03/20 Price Changed $4,495 -6.4% $2 / Sq Ft
02/26/2020 02/26/20 For Rent $4,800 +6.7% --
05/15/2018 05/15/18 Rented $4,500 -9.9% --
05/10/2018 05/10/18 Under Contract -- -- --
02/20/2018 02/20/18 Price Changed $4,995 -9.1% $2 / Sq Ft
10/27/2017 10/27/17 For Rent $5,495 0.0% --
02/19/2015 02/19/15 Sold $656,000 -4.9% $274 / Sq Ft
01/29/2015 01/29/15 Price Changed $690,000 -4.8% $288 / Sq Ft
12/22/2014 12/22/14 Price Changed $725,000 -9.3% $303 / Sq Ft
09/13/2014 09/13/14 Price Changed $799,000 -5.9% $334 / Sq Ft
07/16/2014 07/16/14 For Sale $849,000 0.0% $355 / Sq Ft
02/05/2013 02/05/13 Rented $3,800 -5.0% --
01/21/2013 01/21/13 Under Contract -- -- --
12/08/2012 12/08/12 For Rent $4,000 -- --
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 $4,954 $44,715 -- --
2024 $4,483 $42,586 -- --
2023 $4,483 $44,820 $8,960 $35,860
2022 $4,331 $40,750 $8,150 $32,600
2021 $4,974 $40,100 $8,020 $32,080
2020 $4,896 $35,850 $7,170 $28,680
2019 $4,789 $34,780 $6,950 $27,830
2018 $4,671 $38,480 $7,690 $30,790
2017 $4,451 $35,270 $7,050 $28,220
2016 $4,298 $36,430 $7,280 $29,150
2015 $3,991 $34,480 $6,890 $27,590
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6652069

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-19-296