central phoenix homes for sale

307 E. Verde, A Blend of Historical and Contemporary

I was out showing homes this weekend and revisited a place worth of note. As Realtors, we appreciate a good remodel as we are saddened by some of the remodeling mistakes we often see… luckily 307 E. Verde in the Hacienda Historic District is not one.

The home recently received a fine updating with exceptional kitchen and bath redos. In fact, I doubt there were any surfaces left untouched including the landscaping and new garage.

Upon entering you will find well done stained concrete floors, a larger than average living room and a kitchen that will aspire you to entertain. The kitchen is well designed with sleek dark wood cabinets (a lot of them) and amenities missing in most homes. The attention to detail here is eye-catching. We’ll let the pictures tell the story.

Note the 1” tile backsplash, stunning vent hood, stacked microwave and oven and attached table for casual dining. Recessed lighting keeps the space open, yet bright… especially with the windows that open to the freshly landscaped back yard and patio.

The balance of the home has been tastefully updated as well. It looks like a few walls were moved to create a more spacious feel and add amenities such as an indoor washer/dryer nook. Both the guest and master baths have been fully modernized with tasteful accents, custom tile and vessel sinks.

The master bath features a jetted tub, dual sinks and a spacious shower. Note the narrow windows offering light and privacy as well as a mid-century feel. A nice touch many would not have added.

The only real downside to the home is its proximity to Thomas and 3rd Street. The rear of the property looks on to the McDonald Florist building. However, the owner included a stand of Oleanders in his landscaping design that will provide a nice visual block in just a year or two. Again, fine details most people miss when considering a remodel project.

Of note too is the garage. This is a new structure, yet done as to feel it belongs. It is an over-sized two car garage with plenty of room for storage, a work bench and more.

All in all, I believe they did a fine job on this project that someone is going to be happy to call home, entertain friends and enjoy the urban life.

If you’d like to take a look at this place use the contact form below or call us. We’d be delighted to take you on a tour.

Gene Urban & Ron Urban
The Urban Connection Team
602-224-5777
connecting people to the perfect space

listing courtesy of HomeSmart

central phoenix homes for sale

Real Estate and Home Values 85014

Today, May 18 2010,  we’ll be taking a look at the real estate and home/condo market in Phoenix zip code 85014. The map to the right shows you the boundaries to this narrow region of mid-town and central Phoenix, AZ. As you can see, Camelback sits midway and 7th Street and the 51 bound it on the sides.

Zip code 85014 offers a diverse selection of real estate opportunities from condos, townhomes, single family homes, multi-family housing and some historics. It is this eclectic blend that gives the area its personality and diversity.

The 85014 zip code is one of the most popular in Phoenix. Relative to the general region, home prices are generally lower. At the same time, there are a lot of benefits with great access to downtown Phoenix, Sky Harbor airport, proximity to the Biltmore area and it is fairly close to Metro Light Rail and the ASU downtown Phoenix campus for ASU. The job market is strong with ASU, many law firms, numerous hospitals, hotels and other businesses.

Recent real estate data shows some strength in the single family home market. As of this post, only 72 homes are for sale and home inventory is in the 3-4 month range. The graph to the left comes from Mike Orr of the Cromford Report and shows pretty good sales from traditional homeowners and a growing inventory of short sales. As you can see, buying a short sale or bank owned home offers some strong price advantages. With short sales getting a bit easier, it may be wise to explore these opportunities. (If you would like more information about short sales please visit our short sale information site.)

The condo market is a completely different story. As we’ve discussed in the past, financing for condos is a nightmare. Lenders are afraid of condos these days due to financial problems with homeowners associations. Thus, most lenders are staying as far away from condos as possible and its easier to find a fiscally responsible politician than obtaining an FHA loan.

The loan issues surround condos has made values pretty soft. A few projects like Brick Commons and One Lexington qualify for financing but the majority do not. If you are a cash buyer there are some great deals out there. I’d advise caution though and make sure to have a CPA take a look at the HOA’s financials and don’t expect much, if any, appreciation until the mortgage issues are resolved and a larger buyer pool becomes available.

If you would like to take a look at what’s for sale in 85014, we’ve included a nifty home search tool below. If you click on any home it will open a window with lots of information and an opportunity to modify the search for your particular needs. If you have a question, need more information or what to take a look at a place, we’d be happy to help.

Best to you,

Gene Urban & Ron Urban
The Urban Connection Team
602-234-5777

SEARCH FOR HOMES % CONDOS IN 85014

central phoenix homes for sale

50's Ranch near light rail in great Uptown location

Walk to the 7th Ave Light Rail Station from this large single story home on a spacious corner lot.  Featuring 3 bedrooms, 1.75 baths with separate entry for what could be home/office.  Situated on a lushly landscaped lot with privacy in both front and back yards.  Also, walking or bicycling distance to all of the new restaurants & other retail, opening near Central & Camelback including Postino’s, Lola’s, Haus Modern Living  and on and on.

 

 

Asking Price is $283,800.  You may qualify for 1% down FHA financing on this home (OAC).

For more information about this home or to arrange a personal viewing, contact Lyle Plocher

 at 602 373 3725 or lyle@urbanconnectionrealty.com

Listing is courtesy of JDS & Company, LLC