NOT LISTED FOR SALE

1 E Lexington Ave Unit 508 Phoenix, AZ 85012

Midtown Phoenix Neighborhood

Estimated Value: $681,000 - $877,000

3 Beds
3 Baths
1,973 Sq Ft
$1,392/mo HOA Fee

Last Sold October 05, 2023

Last sale price $750,000 $380 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,295/month

70 Days on Market

Highlights

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

About This Home

As of October 2023

Extremely RARE Penthouse style condo boasting 3 bedrooms and 3 bathrooms with 2 impressive primary suites! Located in one of the most desirable high rises in Midtown Phoenix, One Lexington elegantly soars over Central Avenue! This 5th floor corner unit offers North and West facing balconies showcasing exquisite mountain and sunset views. Exceptional finishes include quartz counters, European soft close cabinetry, Bosch appliances, and upgraded bamboo flooring. Relax in the resort style heated salt water pool and spa. Well appointed workout facilities, lounge, club room, front desk concierge services and excellent security features make One Lexington a wonderful place to call home! Located just steps from the light rail with direct access to the airport, restaurants, museums, and downtown entertainment venues. this amazing unit comes with 3 parking spaces. This won't last long!

Last Agent to Sell the Property

Katie Baccus

Compass License #SA639631000 Listed on: 06/22/2023

Compass

Co-Listed By

Kiley Hapner

Compass License #SA680193000

Last Buyer's Agent

Julie Allen

eXp Realty License #SA662016000

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,820

Year Built

  • Built in 2008

Lot Details

  • 1,742

HOA Fees

  • $1,392 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,973 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Triple Pane Windows
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Mechanical Sun Shade
  • Solar Screens
  • Wood Flooring
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 3 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

Utilities

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

Additional Features

  • No Interior Steps
  • Balcony
  • End Unit

Listing and Financial Details

  • Tax Lot 508
  • Assessor Parcel Number 118-34-516

Community Details

Overview

  • Association fees include insurance, sewer, ground maintenance, street maintenance, air conditioning and heating, trash, water, maintenance exterior
  • Brown Management Association, Phone Number (602) 595-4850
  • High-Rise Condominium
  • Built by Macdonald Development
  • One Lexington Ave Condominiums Aka Century Plaza C Subdivision
  • 16-Story Property

Amenities

  • Concierge
  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,820

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,392 per month

Parking

3

Listing Details

  • Cross Street: Central Avenue & 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: 1392.43
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2022
  • Directions: North on Central from Thomas. Building is on the right (south/east corner of Central and Lexington). Park in garage on east side of building.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.04
  • Co List Office Mls Id: kwsl02
  • Co List Office Phone: 480-948-3338
  • Subdivision Name: ONE LEXINGTON AVE CONDOMINIUMS AKA CENTURY PLAZA C
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1392.43
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 9+ Flat Ceilings, Elevator, No Interior Steps, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 1973.0
  • Stories: 16
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane, Mechanical Sun Shds, Tinted Windows, Triple Pane Windows
  • ResoLivingAreaSource: Assessor
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: 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
  • Other Rooms:Family 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
  • Exterior Features: Balcony
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: End Unit
  • Construction Type: Steel Frame
  • Roof: Other
  • Construction:Frame - Metal: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Assigned, Community Structure, Gated
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Fire Sprinkler System
  • 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, Guarded Entry, Concierge, Clubhouse, Fitness Center
  • Amenities: Management
  • Association Fee: 1392.43
  • Association Fee Frequency: Monthly
  • Association Name: One Lexington HOA
  • Phone: 602-595-4850
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: One Lexington HOA
  • Association Fees:HOA Telephone4: 602-595-4850
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2784.86
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 2784.86
  • Association Fees:Disclosure Fees HOA: 192.0
  • Association Fees:Other Fees HOA: 185.0
  • Association Fees:Other Fees Description: Resale/New Owner Fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Management
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: 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:Air CondHeating: Yes

Fee Information

  • Association Fee Includes: Insurance, Sewer, Maintenance Grounds, Street Maint, Air Cond/Heating, Trash, Water, 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: 1879.0
  • Parcel #: 118-34-516
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Macdonald Development

Tax Info

  • Tax Annual Amount: 5820.0
  • Tax Book Number: 118.00
  • Tax Lot: 508
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2024
Sold by
Kent Stuart W and Kent Karolyn S
Bought by
Stuart W Kent And Karolyn S Kent Family Trust and Kent
Total Days on Market
70
Current Estimated Value
$791,719

Purchase Details

Listed on
Jun 22, 2023
Closed on
Oct 5, 2023
Sold by
Logan Steven P and Logan Robin G
Bought by
Kent Stuart W and Kent Karolyn S
Seller's Agent
Katie Baccus
Compass
Buyer's Agent
Julie Allen
eXp Realty
List Price
$825,000
Sold Price
$750,000
Premium/Discount to List
-$75,000
-9.09%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$600,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2022
Sold by
Read James B and Read Maria T
Bought by
Logan Steven P and Lawlor Robin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.51%
Mortgage Type
VA

Purchase Details

Listed on
Aug 31, 2019
Closed on
Jan 28, 2020
Sold by
Strauss Marcy S and Marycy S Strauss Revocable Tru
Bought by
Read James B and Read Maria T
Seller's Agent
Tracy Williamson
Citiea
Buyer's Agent
Tracy Williamson
Citiea
List Price
$649,900
Sold Price
$540,000
Premium/Discount to List
-$109,900
-16.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%

Purchase Details

Closed on
Nov 28, 2018
Sold by
Strauss Marcy
Bought by
Strauss Marcy S

Purchase Details

Closed on
Aug 4, 2010
Sold by
Lexingtonavenue Limited Liability Partne
Bought by
Stutzer Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,600
Interest Rate
4.52%
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
Stuart W Kent And Karolyn S Kent Family Trust -- None Listed On Document
Kent Stuart W $750,000 Fidelity National Title Agency
Logan Steven P $750,000 Great American Title
Read James B $540,000 Great American Ttl Agcy Inc
Strauss Marcy S -- None Available
Stutzer Wayne $452,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kent Stuart W $600,000
Previous Owner Logan Steven P $500,000
Previous Owner Stutzer Wayne $346,000
Previous Owner Stutzer Wayne $361,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $750,000 -3.2% $380 / Sq Ft
08/25/2023 08/25/23 Price Changed $775,000 -4.3% $393 / Sq Ft
08/03/2023 08/03/23 Price Changed $810,000 -1.8% $411 / Sq Ft
07/27/2023 07/27/23 Price Changed $825,000 +1.9% $418 / Sq Ft
07/27/2023 07/27/23 Price Changed $810,000 -1.8% $411 / Sq Ft
06/22/2023 06/22/23 For Sale $825,000 +52.8% $418 / Sq Ft
02/10/2020 02/10/20 Sold $540,000 -14.3% $274 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
01/02/2020 01/02/20 Price Changed $629,900 -3.1% $319 / Sq Ft
08/31/2019 08/31/19 For Sale $649,900 -- $329 / 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 $5,764 $50,715 -- --
2024 $5,548 $48,300 -- --
2023 $5,548 $46,000 $9,200 $36,800
2022 $5,820 $46,000 $9,200 $36,800
2021 $5,957 $50,150 $10,030 $40,120
2020 $6,585 $47,110 $9,420 $37,690
2019 $6,634 $47,760 $9,550 $38,210
2018 $6,395 $51,610 $10,320 $41,290
2017 $5,821 $47,620 $9,520 $38,100
2016 $5,595 $45,180 $9,030 $36,150
2015 $5,159 $44,200 $8,840 $35,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6570273

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-34-516