$330,000
SOLD JAN 14, 2020

1 E Lexington Ave Unit 503 Phoenix, AZ 85012

Midtown Phoenix Neighborhood
2 Beds
2 Baths
1,169 Sq Ft
$717/mo HOA Fee

Recently Sold

$282 Per Sq Ft

6% Below List Price

175 Days on Market

Highlights

  • Concierge
  • 1-minute walk to Osborn/Central Ave
  • Gated with Attendant
  • Phoenix Coding Academy Rated A
  • Fitness Center
  • Unit is on the top floor

About This Home

As of January 2020

Here's your chance to live in one of the premier high rise buildings in Midtown Phoenix! Corner unit with breathtaking views of the valley, lots of natural light throughout, window shades, exposed duct work, beautiful tile floor, ceiling fans, and spacious open floor plan. Granite kitchen counters, glass tile backsplash, SS appliances, breakfast bar, and plenty of European style cabinetry. Plush carpet in all the right places, stylish bedrooms, and upscale baths. Balcony access from master retreat w/private en suite. Mountain Views! Amenities include Fitness Center, resort style pool area, spa, business conference center concierge, Clubhouse and more. Yoga Studio and Light Rail stop at the base of the building! Located in the burgeoning Midtown Corridor the building is within walking distance of the newly renovated Park Central Mall with a host of new restaurants with more to come. Ocotillo is a few blocks away on 3rd St, and a brand new Sprouts, Uptown Plaza, Lux Coffee, Klever Koi, Museums, and Downtown Phoenix are all just a few minutes away. Literally one of the best lock and leave buildings in the valley.

Last Agent to Sell the Property

Tim Cusick

Homelogic Real Estate License #BR043285000 Listed on: 06/20/2019

Co-Listed By

Wesley Ballew

Brokers Hub Realty, LLC License #SA656553000

Last Buyer's Agent

Deena Semeniuk

Realty ONE Group License #SA669234000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,993

Year Built

  • Built in 2008

HOA Fees

  • $717 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Community Parking Structure

Home Design

  • Contemporary Architecture
  • Built-Up Roof
  • Concrete Roof
  • Block Exterior

Interior Spaces

  • 1,169 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Solar Screens
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Balcony

Listing and Financial Details

  • Tax Lot 503
  • Assessor Parcel Number 118-34-153

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Brown Management Association, Phone Number (480) 339-8820
  • High-Rise Condominium
  • Built by Lexington Ave LLP
  • One Lexington Ave Condominiums Aka Century Plaza C Subdivision
  • 17-Story Property

Amenities

  • Concierge
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,993

Year Built

Built in 2008

Lot Details

0

HOA Fees

$717 per month

Parking

2

Listing Details

  • Cross Street: Central & Osborn
  • 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: 716.72
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2018
  • Directions: South on Central to Lexington Avenue. Building on SE corner of Lexington and Central. Parking in garage - front desk will provide a token.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: hopr001
  • Co List Office Phone: 480-346-4111
  • Subdivision Name: ONE LEXINGTON AVE CONDOMINIUMS AKA CENTURY PLAZA C
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 716.72
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1169.0
  • Stories: 17
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: 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 Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Concierge: Yes
  • Community Features:Near Light Rail Stop: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: Corner Lot
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Neighbor Below, Neighbor Above
  • Construction Type: Painted, Block
  • Roof: Built-Up, Concrete
  • Construction:Block: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Community Structure
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Near Light Rail Stop, Near Bus Stop, Community Media Room, Guarded Entry, Concierge, Fitness Center
  • Association Fee: 716.72
  • Association Fee Frequency: Monthly
  • Association Name: One Lexington
  • Phone: 480-339-8820
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 716.72
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: One Lexington
  • Association Fees:HOA Telephone4: 480-339-8820
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1433.44
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Management
  • Association Fees:HOA Management Phone: 480-339-8820
  • 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: 1125.0
  • Parcel #: 118-34-153

Building Info

  • Builder Name: Lexington Ave LLP

Tax Info

  • Tax Annual Amount: 3993.0
  • Tax Book Number: 118.00
  • Tax Lot: 503
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Jan 6, 2020
Sold by
Hernandez Kenneth and Hernandez Justina D
Bought by
Franklin Joseph Lee
Seller's Agent
Tim Cusick
Homelogic Real Estate
Buyer's Agent
Deena Semeniuk
Realty ONE Group
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$297,000
Outstanding Balance
$265,201
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$196,605

Purchase Details

Listed on
Oct 16, 2014
Closed on
Apr 28, 2015
Sold by
Miller Henry C and Miller Darlene M
Bought by
Hernandez Kenneth and Hernandez Justina D
Seller's Agent
Jacqueline Zonno
Brokers Hub Realty, LLC
Buyer's Agent
Brett Tanner
Keller Williams Realty Phoenix
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%

Purchase Details

Closed on
Jun 20, 2011
Sold by
Lexington Avenue Limited Partnership
Bought by
Miller Henry C and Miller Darlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,462
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2010
Sold by
M&I Marshall & Ilsley Bank
Bought by
Lexingtonavenue Limited Liability Partne
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $330,000 Pioneer Title Agency Inc
Cash Sale Deed $300,000 Fidelity Natl Title Agency
Special Warranty Deed $245,950 Fidelity Natl Title Ins Co
Special Warranty Deed $16,000,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $45,000 Credit Line Revolving
Open $297,000 New Conventional
Previous Owner $53,500 Credit Line Revolving
Previous Owner $184,462 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2025 05/18/25 Price Changed $450,000 -7.2% $400 / Sq Ft
03/31/2025 03/31/25 Price Changed $485,000 -2.8% $431 / Sq Ft
02/26/2025 02/26/25 For Sale $499,000 +51.2% $444 / Sq Ft
01/14/2020 01/14/20 Sold $330,000 -5.7% $282 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
12/10/2019 12/10/19 For Sale $350,000 +6.1% $299 / Sq Ft
12/10/2019 12/10/19 Off Market $330,000 -- --
12/06/2019 12/06/19 For Sale $350,000 +6.1% $299 / Sq Ft
12/06/2019 12/06/19 Off Market $330,000 -- --
09/17/2019 09/17/19 Price Changed $350,000 -1.4% $299 / Sq Ft
06/20/2019 06/20/19 For Sale $355,000 +18.3% $304 / Sq Ft
04/30/2015 04/30/15 Sold $300,000 -8.8% $257 / Sq Ft
03/22/2015 03/22/15 Price Changed $329,000 -3.2% $281 / Sq Ft
12/07/2014 12/07/14 Price Changed $340,000 -2.9% $291 / Sq Ft
10/16/2014 10/16/14 For Sale $350,000 -- $299 / 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 $2,650 $32,969 -- --
2024 $3,502 $31,399 -- --
2023 $3,502 $34,210 $6,840 $27,370
2022 $3,487 $28,480 $5,690 $22,790
2021 $3,683 $28,650 $5,730 $22,920
2020 $3,584 $26,510 $5,300 $21,210
2019 $4,070 $26,570 $5,310 $21,260
2018 $3,993 $27,960 $5,590 $22,370
2017 $3,665 $26,260 $5,250 $21,010
2016 $3,536 $25,250 $5,050 $20,200
2015 $3,287 $25,860 $5,170 $20,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5942224

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-34-153