8502 N CENTRAL Avenue 11, Phoenix, AZ 85020, Phoenix, 85020 - 2 bed, 2 bath
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Phoenix, AZ 85020
This Modernized North Central Townhome is a Strong Value Opportunity, listed at $304,990—positioned well below the $335,219 Fair Market Value by 9%. This valuation gap provides $30,229 in Instant Equity. Boasting an Excellent Condition Rating, the home features a 2024 HVAC system, granite countertops, and a private turf patio. Located steps from the Murphy Bridal Path and the top-rated Sunnyslope High School, it balances lifestyle perks with financial upside. This is an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8502 N CENTRAL Avenue 11 Subject | $294,990* List Price | 2 | 2 | 1,117 | $264 | - |
A 8406 N CENTRAL Avenue A Sold | $315,000 List Price | 3 | 2 | 1,255 | 0.2 mi | |
B 750 E NORTHERN Avenue 1124 Sold | $311,000 | 2 | 2 | 1,013 | $307 | 0.7 mi |
C 750 E Northern Avenue 1041 Sold | $275,000 | 2 | 2 | 1,013 | $271 | 0.8 mi |
D 202 E RUTH Avenue 2 Active | $209,000 List Price | 2 | 2 | 952 | $220 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1974 build date, the property underwent a major renovation within the last 2 years (2024), including a brand new HVAC system, new vinyl flooring, and granite countertops. With a 2025 pool renovation and a 2026 full exterior HOA transformation, the home is in mint, move-in ready condition with no immediate maintenance required.
Situated in North Central Phoenix, the property offers exceptional walkability to the Murphy Bridal Path and OHSO Brewery, providing a high-quality urban lifestyle.
The home features a brand-new HVAC system (2024), vinyl flooring, and granite countertops, ensuring immediate comfort and reduced maintenance costs for the new owner.
The HOA fee covers major expenses including roof repair, exterior maintenance, and utilities like water and sewer, plus a full community exterior renovation scheduled for completion in 2026.
With a full exterior HOA transformation scheduled through July 2026, residents may experience temporary noise, dust, and limited access to certain community areas during the project.
The unit features a 1.5-bath layout rather than two full bathrooms, which may be a limiting factor for roommates or families seeking maximum functional privacy.
Move-in ready and freshly updated, this 2-bed, 1.5-bath North Central Phoenix townhome-style condo is full of recent upgrades: granite countertops, brand-new vinyl flooring, a new HVAC system, and a new banister (all April 2024), plus in-unit washer/dryer. Enjoy a private patio with new low-maintenance turf (April 2026) and two assigned covered parking spaces. The community pool was renovated in 2025, and a recent HOA exterior transformation adds fresh stucco, paint, and redesigned landscaping (planned July 2026 completion). The HOA covers blanket insurance, exterior maintenance, and roof for easy, lock-and-leave ownership. All just steps from the Murphy Bridal Path and across from OHSO Brewery in a walkable, lifestyle-friendly location. SHOWING: Appointment required, minimum 2-hour notice. Text listing agent. Owner will vacate during showings. Enter from Butler Dr, turn right into complex, park on street. Lockbox on front door. PROPERTY HIGHLIGHTS: Extensively updated 2BD/1.5BA condo in the heart of North Central Phoenix. All major mechanical and cosmetic updates completed -- new vinyl plank flooring, new HVAC, new granite kitchen, new banister (all April 2024), and new low-maintenance patio turf (April 2026). In-unit washer/dryer included. Two assigned covered carport spaces. HOA -- GREAT VALUE AT $350/MO COVERS: Exterior maintenance, roof repair/replacement, blanket insurance, front yard and common area maintenance. No special assessments. Community pool renovated 2025. Full exterior complex transformation (new stucco, paint, landscaping) completing July 2026 -- buyers are getting a brand new exterior. HOA CONTACT: Jordan Mastel (President), Central Avenue HOA -- centralavehoa@gmail.com FINANCIALS: Taxes $763/yr (2025). Cap improvement fee $500. HOA prepaid at close: $700. Disclosure fee: $400. HOA transfer fee: $0. Accepts Cash, Conventional, FHA. LOCATION: Steps from Murphy Bridal Path trail system. Directly across from OHSO Brewery. Walkable to dining, coffee, and Canal trail access.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades 5-8 • 1.5 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,117 | - |
| Lot Size | 531 | - |
| Price | $295.0K | $310.8K |
| Price per sq ft | $264 | $272 |
| Built year | 1974 | 0 |
| HOA | $350 | $0 |
| Days on market | 85 | 1408 |
Jul 12, 2026
$294,990
$299,000
-1% Price Drop
Initial Listing
Jun 24, 2026
$299,000
$304,990
-2% Price Drop
Initial Listing
Apr 28, 2026
$304,990
Initial Listing