20 days on rocket

2201 N Central Ave Unit 4-E, Phoenix, AZ, 85004

$485,000

Home List Price

$5,759*

Closing Credit

2 Bedrooms
2 Baths
1,250 SqFt
$388/SqFt
Multi

Location

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2201 N Central Ave Unit 4-E, Phoenix$485,000

Buyer Closing Credits

$5,759*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAssigned, Community Structure, Common
Garage2 spaces
Year Built1957
HeatingOther
CoolingOther
FireplaceNone
ViewCity Lights
MLS #6778477
Lot Size2.16 Acres
StatusActive

About 2201 N Central Ave Unit 4-E

This corner unit in sought-after Phoenix Towers offers a wonderful view location, great 2/2 floor plan, abundant storage & updated interiors. Apartment style home includes 2BR/2BA, in-unit laundry, view terrace above Central Ave. Updated throughout including kitchen/baths. Mid-Century look w/fresh vibe; turn-key describes this one! 2 parking spaces, on-site storage. Concierge service; on-site pool, top floor common area, catering kitchen, terrace w/stunning views, community garden, dog park. located in Alvarado Historic District, this was the first residential high-rise building in AZ. Phoenix Towers remains one of the preeminent buildings in Central/Mid-Town Phx. A testament to its high quality construction, superb location & enduring mid century architecture. Run to this one! MORE. PHOENIX TOWERS-ARIZONA'S FIRST and FINEST MULTI-STORY LUXURY APARTMENT BUILDING Early History: The site was originally adjacent and part of "Casa Blanca", the residence of Phoenix's Dwight Heard and Maie Bartlett Heard, founders and benefactors of the Heard Museum next door. After Maie Heard's death in 1951, the land was purchased by a Phoenix real estate agent for development. The architect was Chicago-based Ralph C. Harris, who designed Phoenix Towers in the "Modern Style." Del E. Webb Construction Company supervised the building's construction, which was completed in 1957 in an X-shaped design with four wings. Each apartment has two or three exposures with only one common wall. Another outstanding feature is the projecting concrete ledges that serve not only as balcony floors and covers, but also as awnings for the apartment windows. These ledges are extensions of the building's concrete slab floors. At the opening of Phoenix Towers, one newspaper reporter characterized the building as "a collection of modern air-conditioned "ranch homes"(meaning single level), grouped together on a vertical plane. "The open house of a furnished model apartment in 1957 attracted more than 5,000 visitors the first day. (From The Webb Spinner, March 1957] Ownership: Phoenix Towers is structured as a cooperative in which buyers purchase shares of stock in a non-profit corporation with the number of shares based on the size of the apartment. Stockholders are not only neighbors who reside in the same building, but also business associates who own that building and share collective responsibility through an elected Board of Directors for its operation and maintenance. Twelve of the fourteen floors are devoted to apartments ranging in size from 1,210 square feet to 2,550 square feet. The ground level includes a lobby, offices, a mailroom, laundry room, exercise room, resident storage facilities, and mechanical equipment area. The top floor features an enclosed space with a catering kitchen and an outside terrace with stunning views of the city. The property also has an outdoor saltwater lap pool with 12 cabanas, a community garden, a dog park, and visitor parking. In addition, there is a secure underground parking garage with two assigned parking spaces for each apartment. Notable Architecture: In January 2008 Phoenix Towers was placed on the National Register of Historic Places for its role in introducing to Arizona a new form of housing, residential high-rise living, and as an outstanding example of Mid- Century Modern architecture. Over the years most of the apartments have been remodeled, with changes reviewed by a Building Committee and final approval by the Board of Directors. Several apartments retain the original Beauty Queen metal kitchen cabinets and stained concrete floors. The building made the New Times "100 Things to Do in Phoenix Before You Die" - "Snag an Invitation to a Party on the Roof of Phoenix Towers with "gorgeous city views." More recently, the building was repainted using Dunn and Edwards' "Phoenix Towers Pink' (the original color) and returning the original gray panels to the outside front of the building from the eighth floor to the thirteenth floor. The lobby was renovated in 2020-21 to update the décor while retaining unique original features such as the terrazzo floor and carved columns. Phoenix Towers remains one of the preeminent buildings and residential addresses in Central/Mid-Town Phoenix. A testament to its high quality construction, superb location and enduring mid-century architecture.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Other (See Remarks)
  • Year Built: 1957
  • Stories: 1
  • Living Area: 1,250 SqFt

Listing Office:

  • Office Name: AZArchitecture/Jarson & Jarson
  • Office Email: info@azarchitecture.com
  • Listing Agent: Scott A Jarson

Interior Features

Interior Information:

  • Flooring Type: Tile, Wood
  • Interior: Elevator, No Interior Steps, 3/4 Bath Master Bdrm, High Speed Internet
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights
  • Exterior: Circular Drive, Covered Patio(s), Patio

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Community Structure, Common

Lot Features

Lot Information:

  • Lot: Sprinklers In Rear, Sprinklers In Front, Corner Lot
  • Lot Size: 2.16 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Central south to Palm Lane, take a U-turn north to Monte Vista, Phoenix Towers on the Northeast corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $485,000
  • Price Per SqFt: $388/SqFt

HOA Fees:

  • Amount: $1241
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

Med. Sold Price

$450.9K

Med. Price/SqFt

$284

Avg. Days On Market

62

# of Sold Homes

1291

2201 N Central Ave Unit 4-E vs Phoenix

20 DAYS ON ROCKET

-42 Days

$485,000

+$34K More

$388/SqFt

+$103 More

KEY TAKEAWAY

This property is $34K more than the Median Sold Price and $103/SqFt more than other homes in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6778477

Listing Office:

  • Office Name: AZArchitecture/Jarson & Jarson
  • Office Email: info@azarchitecture.com
  • Listing Agent: Scott A Jarson

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 8:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-418634
4
/10
  • Asu Preparatory Academy- Phoenix Elementary School

  • 735 E Fillmore St

  • 1.34 miles

  • Public Charter Grades KG-4

school-card-donut-418635
7
/10
  • Basis Phoenix Central Primary School

  • 201 E Indianola Ave

  • 1.41 miles

  • Public Charter Grades KG-5

school-card-donut-418636
4
/10
  • Encanto Elementary School

  • 1426 W Osborn Rd

  • 1.53 miles

  • Public District Grades KG-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,417. Typical income of Phoenix, AZ residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesArizonaMaricopa CountyPhoenix850042201 N Central Ave Unit 4-E

This home is located at 2201 N Central Ave Unit 4-E in Phoenix, AZ and zip code 85004 in the Alvarado neighborhood. This 1,250 square foot home, which was built in 1957, sits on a 2.16 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $485,000.

Phoenix, AZ housing market in October 2024 saw over 250 listings sold above listed price, more than 344 sold at listed price and over 697 sold below. The inventory of homes for sale in Phoenix, AZ between September 2024 and October 2024 increased by 7.5%. Listings spent 62 days on the market in October 2024, and had a median list price of $450,977 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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