NOT LISTED FOR SALE

1 E Lexington Ave Unit 1605 Phoenix, AZ 85012

Midtown Phoenix Neighborhood

Estimated Value: $963,000 - $1,356,000

2 Beds
2.5 Baths
2,022 Sq Ft
$1,262/mo HOA Fee

Last Sold June 22, 2020

Last sale price $1,107,500 $548 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,243/month

149 Days on Market

Highlights

  • Concierge
  • 1-minute walk to Osborn/Central Ave
  • Gated Community
  • Phoenix Coding Academy Rated A
  • Fitness Center
  • Property is near public transit

About This Home

As of June 2020

This corner Penthouse Unit is a very rare, one of a kind opportunity! Luxe living from the 16th floor with the best Million Dollar panoramic views of the city, mountains and Central Avenue through your floor to ceiling windows. This is the most exquisite penthouse in the Valley with an expansive, over-sized, wrap around deck and unrivaled 270 degree views. This loft style penthouse is contemporary, bright and open, with a modern and soothing palette. No expense was spared in this sleek beauty! Hardwood and natural stone abound, high-end Thermador stainless appliances, custom cabinets, spa like bathrooms.

Last Agent to Sell the Property

Lauren Rosin

eXp Realty License #BR558852000 Listed on: 09/04/2019

eXp Realty

Co-Listed By

Jodi Nordahl-Homes

West USA Realty License #BR635845000

Last Buyer's Agent

Jennifer Sheedy

RETSY License #SA531855000

RETSY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,221

Year Built

  • Built in 2011

Lot Details

  • 1,307

HOA Fees

  • $1,262 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Assigned Parking

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 2,022 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Location

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

Schools

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

Additional Features

  • Balcony
  • Zoned Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1605
  • Assessor Parcel Number 118-34-507

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Brown Community Mgmt Association, Phone Number (480) 339-8820
  • High-Rise Condominium
  • Built by LEXINGTON AVENUE LLP
  • One Lexington Ave Subdivision, Penthouse Floorplan
  • 17-Story Property

Amenities

  • Concierge
  • Recreation Room

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,221

Year Built

Built in 2011

Lot Details

0

HOA Fees

$1,262 per month

Parking

4

Listing Details

  • Cross Street: Central & Thomas
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1261.7
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2011
  • Tax Year: 2018
  • Directions: North on Central to Lexington Ave and Head East to 1 E Lexington Ave
  • Master Model: PENTHOUSE
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: wusa02
  • Co List Office Phone: 480-948-5554
  • Subdivision Name: ONE LEXINGTON AVE
  • Efficiency: Multi-Zones
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 1261.7
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Breakfast Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2022.0
  • Stories: 17
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Concierge: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • View: City Light View(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Addtn'l Purchasable, Assigned
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Addtn_squote_l Purchasable: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa Htd, Community Pool Htd, Community Pool, Near Light Rail Stop, Near Bus Stop, Concierge, Fitness Center
  • Association Fee: 1261.7
  • Association Fee Frequency: Monthly
  • Association Name: 1 Lexington Ave
  • Phone: 480-339-8820
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: 1 Lexington Ave
  • Association Fees:HOA Telephone4: 480-339-8820
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2523.4
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Community Mgmt
  • 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 Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, 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: 1191.0
  • Parcel #: 118-34-507

Building Info

  • Builder Name: LEXINGTON AVENUE LLP

Tax Info

  • Tax Annual Amount: 8220.8
  • Tax Book Number: 118.00
  • Tax Lot: 1605
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Jun 12, 2020
Sold by
Hersch Dale Robert and Hersch Cynthia Jane
Bought by
Civic David J and Iverson Valerie A
Seller's Agent
Lauren Rosin
eXp Realty
Buyer's Agent
Jennifer Sheedy
RETSY
List Price
$1,200,000
Sold Price
$1,107,500
Premium/Discount to List
-$92,500
-7.71%
Current Estimated Value
$1,137,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,675
Avg. Annual Appreciation
2.56%
Original Mortgage
$560,000
Outstanding Balance
$498,585
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$763,824

Purchase Details

Closed on
Sep 20, 2013
Sold by
Hersch Dale Robert
Bought by
Hersch Dale Robert and Hersch Cynthia Jane

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
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2011
Sold by
Hersch Cynthia J
Bought by
Hersch Dale Robert

Purchase Details

Closed on
Jan 14, 2011
Sold by
Lexington Avenue Limited Liability Partn
Bought by
Hersch Dale Robert
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Civic David J $1,107,500 Old Republic Title Agency
Hersch Dale Robert -- Old Republic Title Agency
Hersch Dale Robert -- Fidelity Natl Title Ins Co
Hersch Dale Robert $670,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Civic David J $560,000
Previous Owner Hersch Dale Robert $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2020 06/22/20 Sold $1,107,500 -7.7% $548 / Sq Ft
04/23/2020 04/23/20 For Sale $1,200,000 0.0% $593 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
09/04/2019 09/04/19 For Sale $1,200,000 -- $593 / 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 $9,414 $79,795 -- --
2024 $9,073 $75,995 -- --
2023 $9,073 $86,220 $17,240 $68,980
2022 $9,020 $68,930 $13,780 $55,150
2021 $9,184 $67,320 $13,460 $53,860
2020 $8,936 $64,820 $12,960 $51,860
2019 $8,523 $67,380 $13,470 $53,910
2018 $8,221 $79,070 $15,810 $63,260
2017 $7,498 $70,980 $14,190 $56,790
2016 $7,212 $73,620 $14,720 $58,900
2015 $6,662 $70,880 $14,170 $56,710
Source: Public Records

Agents Affiliated with this Home

  • Lauren Rosin

    Seller's Agent in 2020

    Lauren Rosin

    eXp Realty

    (480) 744-4604

    1 in this area

    829 Total Sales

    Lauren Rosin
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jodi Nordahl-Homes

    West USA Realty

    Section Image
  • Jennifer Sheedy

    Buyer's Agent in 2020

    Jennifer Sheedy

    RETSY

    (602) 502-6600

    45 Total Sales

    Jennifer Sheedy
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5973803

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-34-507

Arizona Maricopa County Phoenix 85012 Midtown Phoenix

1 E Lexington Ave Unit 1605, Phoenix, AZ

This home is located at 1 E Lexington Ave Unit 1605, Phoenix, AZ 85012 since 04 September 2019 and is currently estimated at $1,137,175, approximately $562 per square foot. This property was built in 2011. 1 E Lexington Ave Unit 1605 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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