8502 N CENTRAL Avenue 5, Phoenix, AZ 85020, Phoenix, 85020 - 2 bed, 2 bath
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Phoenix, AZ 85020
This Move-In Ready Townhouse offers exceptional value with a List Price of $264,000, matching its $264,000 Fair Market Value. Boasting a Condition Rating of 3, the interior features New Luxury Carpeting, fresh paint, and a Stylish White Kitchen. Residents enjoy a premium lifestyle on Central Avenue with immediate access to the Murphy Bridle Path and the top-rated Sunnyslope High School. With a private Fenced Backyard, community pool, and proximity to Royal Palm Middle School, this property serves as a polished urban sanctuary. It is the perfect fit for first-time buyers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8502 N CENTRAL Avenue 5 Subject | $249,000* List Price | 2 | 2 | 1,075 | $222 | - |
A 8406 N CENTRAL Avenue A Sold | $319,900 List Price | 3 | 2 | 1,255 | 0.2 mi | |
B 8241 N CENTRAL Avenue 23 Pending | $295,000 List Price | 2 | 2 | 1,088 | $271 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several recent cosmetic updates including new luxury carpeting and fresh paint. The kitchen has been refreshed with crisp white cabinetry, and the bathrooms appear clean and well-maintained with updated vanities. While the structure was built in 1974, the interior has been sufficiently updated to meet current market standards for a move-in ready home without the need for immediate renovation.
Situated on Central Avenue, this property offers exceptional walkability and access to the Murphy Bridle Path, Arizona Canal trails, and popular local dining spots like OHSO Brewery and Timo Wine Bar.
The interior features recent upgrades including new luxury carpeting, fresh paint, and a stylish kitchen with white cabinetry, ensuring a modern feel for the new owner.
Rare for a townhouse at this price point, the unit includes both a front patio and a fenced backyard area, providing private outdoor living space in addition to the community pool.
Built in 1974, the property may require ongoing maintenance or future capital improvements to older mechanical and structural systems typical of a 50-year-old complex.
While the high school is well-rated, the assigned elementary and middle schools have lower performance ratings, which may be a consideration for families with younger children.
The unit features new luxury carpet, fresh paint, and natural lighting. Highlights include elegant French doors, a generous family room with a dining area, and a stylish kitchen with crisp, white cabinetry and all appliances included. For convenience, a powder room is downstairs. Outdoor Space & Amenities Enjoy relaxing on the front patio or in the fenced backyard area. The 27-unit complex also features a sparkling community pool and ramada, perfect for socializing and cooling off. Parking & Laundry The unit includes two assigned covered carport parking spaces and a private indoor laundry room. The Arizona Canal Bike Path, a 72-mile multi-use trail spanning Peoria, Phoenix, Scottsdale, and Mesa is minutes away from this home. This condominium is on Central Avenue. Residents enjoy immediate access to: - OHSO Brewery & Distillery - Timo Wine Bar (featuring a wood fire pizza oven) - Walmart Neighborhood Market and shopping center - Murphy Bridle Path and the Arizona Canal walking/bike path, allowing travel to Scottsdale or Peoria. - Easy access to Piestewa Peak, local parks, restaurants, and entertainment.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,075 | 1,405 | 32% |
| Lot Size | 529 | 2,235 | 4% |
| Price | $249.0K | $303.8K | 43% |
| Price per sq ft | $232 | $249 | 39% |
| Built year | 1974 | 1980 | 20% |
| HOA | $350 | $278 | 87% |
| Days on market | 136 | 1665 | 11% |
Apr 18, 2026
$249,000
$264,000
-6% Price Drop
Initial Listing
Dec 11, 2025
$264,000
Initial Listing