$300,000
SOLD APR 30, 2015

1 E Lexington Ave Unit 503 Phoenix, AZ 85012

Midtown Phoenix Neighborhood
2 Beds
2 Baths
1,169 Sq Ft
$623/mo HOA Fee

Recently Sold

$257 Per Sq Ft

14% Below List Price

187 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

Prestigious urban up-scale living, midtown, in the heart of Phoenix. Walking distance to restaurants and steps from the light rail. One Lexington is a 17 story building with modern city flare! This condo is tastefully appointed and immaculately cared for by the original owners. Southeast corner unit with floor to ceiling windows boasting spectacular city and mountain views. Stainless appliances, granite counters, custom back splash. Amenities include fitness center, clubhouse, resort style pool area with putting green, BBQs, and dog run. It's hard not to fall in love with this one!!!

Last Agent to Sell the Property

Jacqueline Zonno

Brokers Hub Realty, LLC License #BR585238000 Listed on: 10/16/2014

Co-Listed By

Greg Zonno

HomeSmart License #SA545789000

Last Buyer's Agent

Brett Tanner

Keller Williams Realty Phoenix License #SA564356000

Keller Williams Realty Phoenix

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,895

Year Built

  • Built in 2008

HOA Fees

  • $623 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Community Parking Structure

Home Design

  • Contemporary Architecture
  • Concrete Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 1,169 Sq Ft Home
  • Mountain Views

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Accessible Home Design

  • No Interior Steps

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

  • Refrigerated Cooling System
  • Heating Available

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 Association, Phone Number (480) 539-1396
  • High-Rise Condominium
  • Built by Macdonald Development
  • One Lexington Subdivision
  • 17-Story Property

Amenities

  • Concierge
  • Clubhouse
  • 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

$2,895

Year Built

Built in 2008

Lot Details

0

HOA Fees

$623 per month

Parking

2

Listing Details

  • Cross Street: Central and 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: 623.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2013
  • Directions: South on Central to Lexington Avenue. Building on SE corner of Lexington and Central.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: ctig02
  • Co List Office Phone: 602-633-2814
  • Subdivision Name: One Lexington
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 623.0
  • Building Style:High Rise: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Elevator, No Interior Steps, Full Bth Master Bdrm, Granite Counters
  • Living Area: 1169.0
  • Stories: 17
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Concierge: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Neighbor Below, Neighbor Above
  • Construction Type: Frame - Metal
  • Roof: Concrete
  • Construction:Frame - Metal: 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: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Near Light Rail Stop, Near Bus Stop, Community Media Room, Guarded Entry, Concierge, Clubhouse, Fitness Center
  • Amenities: Management
  • Association Fee: 623.0
  • Association Fee Frequency: Monthly
  • Association Name: Brown
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Brown
  • Association Fees:HOA Telephone4: 480-539-1396
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • 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
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Macdonald Development

Tax Info

  • Tax Annual Amount: 2895.0
  • 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

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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: 5187963

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-34-153