NOT LISTED FOR SALE

1 E Lexington Ave Unit 1604 Phoenix, AZ 85012

Midtown Phoenix Neighborhood

Estimated Value: $855,870 - $1,249,000

2 Beds
2.5 Baths
1,626 Sq Ft
$891/mo HOA Fee

Last Sold February 28, 2014

Last sale price $737,500 $454 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,997/month

28 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to Osborn/Central Ave
  • Gated Parking
  • Phoenix Coding Academy Rated A
  • Gated with Attendant
  • City Lights View

About This Home

As of February 2014

Stunning, Spectacular, Sensational! This 1626sf Penthouse atop the most popular hi-rise in Phoenix is perfect for just about anyone! Guests will love the Great Room with doors of glass that disappear into the wall giving way to a 500sf roof-top balcony. They will be wowed by the north Central corridor, Piestawa Peak and Camelback Mtn views...it's breath-taking! For the cook, the Kitchen features sparkling tiled walls beneath sleek cabinetry, Silestone Counters favored by those who appreciate ''green'' living, and handsome Thermador appliances. The steel and wood stairway leads to the 2nd Master Bedroom and to a lofty ''flex'' space, be it an office, media room, studio or whatever you might need.The floors are beautiful hardwood. There are remote controlled Electric Blinds, beautiful Lighting, Four (4) Parking Spaces in the community garage, and a large locked Storage area. One Lexington amenities include a Heated Outdoor Pool and Spa, a state-of-the-art Fitness Facility, a Club Room with a Full Kitchen, Concierge, and a secured building.

Last Agent to Sell the Property

Katie Crissman

Metro Realty License #BR511921000 Listed on: 09/18/2013

Last Buyer's Agent

Judith Jones

Russ Lyon Sotheby's International Realty License #SA046099000

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,214

Year Built

  • Built in 2008

Lot Details

  • Desert faces the front and back of the property
  • Backyard Sprinklers
  • Grass Covered Lot

HOA Fees

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Built-Up Roof
  • Concrete Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 1,626 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Mechanical Sun Shade
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Two Primary Bathrooms
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Home Security

Outdoor Features

  • Balcony
  • Covered patio or porch

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Encanto Elementary School
  • Clarendon Middle School
  • Central High School

Utilities

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

Listing and Financial Details

  • Tax Lot 1604
  • Assessor Parcel Number 118-34-506

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, cable TV, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Aam, Llc Association, Phone Number (602) 957-9191
  • One Lexington HOA, Phone Number (602) 957-9191
  • High-Rise Condominium
  • Built by Macdonald Development
  • One Lexington Subdivision
  • 16-Story Property

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,214

Year Built

Built in 2008

Lot Details

0

HOA Fees

$891 per month

Parking

4

Listing Details

  • Cross Street: Central Ave and Thomas
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Name: One Lexington HOA
  • HOA #2 Phone Number: 000-000-0000
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 891.48
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2012
  • Directions: At Thomas, North on Central, East on Lexington. Park on first level of parking garage adjacent to One Lexington.*Ask front desk personnel for Token to exit garage.*
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: One Lexington
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 793.44
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Upstairs, 9+ Flat Ceilings, Fire Sprinklers, 2 Master Baths, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
  • Living Area: 1626.0
  • Stories: 16
  • Window Features: Dual Pane, Low-E, Mechanical Sun Shds, Tinted Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: See Remarks, Other
  • Exterior Features: Balcony, Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Desert Back, Desert Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Frame - Metal
  • Roof: Built-Up, Concrete
  • Construction:Frame - Metal: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Electric Door Opener, Separate Strge Area, Assigned, Community Structure, Gated
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Utilities: Other (See Remarks)
  • Cooling: Refrigeration, 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 Light Rail Stop, Near Bus Stop, Guarded Entry, Clubhouse, Fitness Center
  • Amenities: Management
  • Association #2 Fee: 98.04
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 793.44
  • Association Fee Frequency: Monthly
  • Association: One Lexington HOA
  • Association Name: One Lexington HOA
  • Association Phone #2: 000-000-0000
  • Phone: 000-000-0000
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: One Lexington HOA
  • Association Fees:HOA Telephone4: 000-000-0000
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1782.96
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM, LLC
  • Association Fees:HOA Management Phone: 602-957-9191
  • Association Fees:HOA Paid Frequency 2: Monthly
  • 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 Fees:HOA Management Company 2: AAM, LLC
  • Association Fees:HOA Management Phone 2: 602-957-9191
  • Association Fee Incl:Cable or Satellite: Yes

Fee Information

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

Schools

  • Elementary School: Encanto School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Clarendon School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 955.0
  • Parcel #: 118-34-506
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Macdonald Development

Tax Info

  • Tax Annual Amount: 4214.0
  • Tax Book Number: 118.00
  • Tax Lot: 1604
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2015
Sold by
Hb Tucson Medical One Llc
Bought by
Bard Lawrence and Heath Bard Louise
Current Estimated Value
$989,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Outstanding Balance
$178,732
Interest Rate
3.64%
Mortgage Type
Credit Line Revolving
Estimated Equity
$811,225

Purchase Details

Closed on
Oct 1, 2014
Sold by
Bard Lawrence and Heath Bard Louise
Bought by
Hb Tucson Medical One Llc

Purchase Details

Listed on
Sep 18, 2013
Closed on
Feb 7, 2014
Sold by
Garner Brett J and Bryant Danny R
Bought by
Bard Lawrence and Heath Bard Louise
Seller's Agent
Katie Crissman
Metro Realty
Buyer's Agent
Judith Jones
Russ Lyon Sotheby's International Realty
List Price
$749,900
Sold Price
$737,500
Premium/Discount to List
-$12,400
-1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%
Original Mortgage
$100,000
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2011
Sold by
Lexingtonavenue Limited Liability Partne
Bought by
Garner Brett and Bryant Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Bard Lawrence -- None Available
Hb Tucson Medical One Llc -- None Available
Bard Lawrence $737,500 Equity Title Agency Inc
Garner Brett $535,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bard Lawrence $215,000
Previous Owner Bard Lawrence $100,000
Previous Owner Garner Brett $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $737,500 -1.7% $454 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $749,900 -- $461 / Sq Ft
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 $7,108 $61,424 -- --
2024 $6,846 $58,499 -- --
2023 $6,846 $66,950 $13,390 $53,560
2022 $6,805 $53,060 $10,610 $42,450
2021 $7,085 $51,570 $10,310 $41,260
2020 $6,927 $49,350 $9,870 $39,480
2019 $6,754 $51,050 $10,210 $40,840
2018 $6,511 $59,250 $11,850 $47,400
2017 $5,928 $53,580 $10,710 $42,870
2016 $5,698 $55,900 $11,180 $44,720
2015 $5,254 $54,850 $10,970 $43,880
Source: Public Records

Agents Affiliated with this Home

  • Katie Crissman

    Seller's Agent in 2014

    Katie Crissman

    Metro Realty

    Section Image
  • Judith Jones

    Buyer's Agent in 2014

    Judith Jones

    Russ Lyon Sotheby's International Realty

    (602) 430-0447

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5001132

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-34-506

Arizona Maricopa County Phoenix 85012 Midtown Phoenix

1 E Lexington Ave Unit 1604, Phoenix, AZ

This home is located at 1 E Lexington Ave Unit 1604, Phoenix, AZ 85012 since 18 September 2013 and is currently estimated at $989,957, approximately $608 per square foot. This property was built in 2008. 1 E Lexington Ave Unit 1604 is a home located in Maricopa County with nearby schools including Clarendon Elementary School, Encanto Elementary School, and Osborn Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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