NOT LISTED FOR SALE

1 E Lexington Ave Unit 708 Phoenix, AZ 85012

Midtown Phoenix Neighborhood

Estimated Value: $784,000 - $952,000

3 Beds
3 Baths
1,973 Sq Ft
$928/mo HOA Fee

Last Sold June 10, 2013

Last sale price $500,000 $253 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,131/month

57 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 June 2013

HAVE CONTRACT WAITING FOR CORPORATE CLIENT SIGNATURES. WILL TAKE BACKUP OFFERS. THE VIEWS ARE TRULY SPECTACULAR! FLOOR TO CEILING LOW E WALL TO WALL WINDOWS EVERYWHERE & 2 BALCONIES TO ENJOY THOSE VIEWS EVEN MORE. IF YOU'RE LOOKING FOR A GREAT CONDO IN MIDTOWN, LOOK NO FURTHER. RARE 3 BR & 3 BA CONDO W/ALMOST 2000SF. THE BUILDING WAS TOTALLY REMODELED BETWEEN 2008-2011. INTERIOR IS LOFT LIKE W/EXPOSED DUCTS & HAS A SOFT CONTEMPORARY FEEL/CEILINGS ARE 11'10''. FLOOR PLAN IS OPEN W/2 LIVING & DINING AREAS IF DESIRED. THERE ARE 2 MBRs IN THIS SPLIT FLOOR PLAN & THE 3RD BR ALSO MAKES A GREAT STUDY. UNIT HAS ITALIAN CABINETRY, SLAB GRANITE COUNTERS IN KIT, WRAP AROUND BREAKFAST BAR; GLASS TILE BACKSPLASH. YOU'LL TOTALLY ENJOY THE POOL, SPA & COMMON AREA AS WELL AS FITNESS CENTER.

Last Agent to Sell the Property

Judith Jones

Russ Lyon Sotheby's International Realty License #SA046099000 Listed on: 02/25/2013

Russ Lyon Sotheby's International Realty

Co-Listed By

Ron Moore

Russ Lyon Sotheby's International Realty License #BR042981000

Last Buyer's Agent

Linda Boatwright

SERHANT. License #SA025067000

SERHANT.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,090

Year Built

  • Built in 2008

Lot Details

  • End Unit
  • 1 Common Wall
  • Desert faces the front and back of the property

HOA Fees

  • $928 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Gated Parking
  • Parking Permit Required

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Block Exterior

Interior Spaces

  • 1,973 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

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

Home Security

Location

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

Schools

  • Clarendon Middle School
  • Phoenix Union Cyber High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Balcony

Listing and Financial Details

  • Tax Lot 708
  • Assessor Parcel Number 118-34-517

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Aam Association, Phone Number (602) 957-9191
  • Built by MACDONAL DEVELOPMENT
  • One Lexington Subdivision, Plan C 1
  • 15-Story Property

Amenities

  • Concierge

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,090

Year Built

Built in 2008

Lot Details

0

HOA Fees

$928 per month

Parking

3

Listing Details

  • Cross Street: THOMAS AND CENTRAL
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Transfer Fee: 365.0
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 928.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 2008
  • Tax Year: 2012
  • Directions: NORTH ON CENTRAL TO LEXINGTON AVENUE. PROPERTY IS ON THE SE CORNER OF LEXINGTON AND CENTRAL
  • Master Model: PLAN C-1
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.04
  • Co List Office Mls Id: cbrb06
  • Co List Office Phone: 480-951-1010
  • Subdivision Name: ONE LEXINGTON
  • Architectural Style: Contemporary
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 928.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Elevator, Fire Sprinklers, No Interior Steps, Pantry, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 1973.0
  • Stories: 15
  • Window Features: Dual Pane, Low-E, Tinted Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: 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
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Concierge: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: See Remarks, Other
  • Exterior Features: Balcony
  • Lot Features: Corner Lot, Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Below, Neighbor Above, End Unit
  • Construction Type: Painted, Block
  • Roof: See Remarks
  • Construction:Block: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Detached, Gated, Permit Required
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Gated Parking: Yes
  • Parking Features:Detached: Yes
  • Parking Features:PermitDecal Req_squote_d: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: 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, Concierge, Fitness Center
  • Amenities: Management
  • Association Fee: 928.0
  • Association Fee Frequency: Monthly
  • Association Name: ONE LEXINGTON
  • Phone: 602-595-4850
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 365.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: ONE LEXINGTON
  • Association Fees:HOA Telephone4: 602-595-4850
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1856.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM
  • Association Fees:HOA Management Phone: 602-957-9191
  • 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

  • High School: Phoenix Union Cyber 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 #: 118-34-517
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: MACDONAL DEVELOPMENT

Tax Info

  • Tax Annual Amount: 4090.0
  • Tax Book Number: 118.00
  • Tax Lot: 708
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2018
Sold by
Ruch Lana R
Bought by
Ruch Lana R and The Ruch Bypass Trust
Current Estimated Value
$849,580

Purchase Details

Listed on
Feb 25, 2013
Closed on
May 8, 2013
Sold by
Martin Harriet E
Bought by
Ruch Lana R
Seller's Agent
Judith Jones
Russ Lyon Sotheby's International Realty
Buyer's Agent
Linda Boatwright
SERHANT.
List Price
$549,900
Sold Price
$500,000
Premium/Discount to List
-$49,900
-9.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$400,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2011
Sold by
Lexingtonavenue Limited Partnership
Bought by
Martin Harriet E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,400
Interest Rate
4.45%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Ruch Lana R -- None Available
Ruch Lana R -- None Available
Ruch Lana R $500,000 Equity Title Agency
Martin Harriet E $455,500 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruch Lana R $347,300
Closed Ruch Lana R $400,000
Previous Owner Martin Harriet E $364,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2013 06/10/13 Sold $500,000 -1.8% $253 / Sq Ft
03/16/2013 03/16/13 Price Changed $509,000 -7.4% $258 / Sq Ft
02/25/2013 02/25/13 For Sale $549,900 -- $279 / 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 $6,886 $59,652 -- --
2024 $6,632 $56,812 -- --
2023 $6,632 $60,800 $12,160 $48,640
2022 $6,591 $51,530 $10,300 $41,230
2021 $7,053 $52,120 $10,420 $41,700
2020 $6,859 $48,910 $9,780 $39,130
2019 $6,975 $49,450 $9,890 $39,560
2018 $6,754 $53,710 $10,740 $42,970
2017 $6,151 $49,330 $9,860 $39,470
2016 $5,913 $47,200 $9,440 $37,760
2015 $5,454 $46,280 $9,250 $37,030
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Judith Jones

    Russ Lyon Sotheby's International Realty

    Section Image

  • R

    Seller Co-Listing Agent in 2013

    Ron Moore

    Russ Lyon Sotheby's International Realty

    Section Image
  • Linda Boatwright

    Buyer's Agent in 2013

    Linda Boatwright

    SERHANT.

    (602) 615-3589

    3 in this area

    76 Total Sales

    Linda Boatwright
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4895481

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-34-517

Arizona Maricopa County Phoenix 85012 Midtown Phoenix

1 E Lexington Ave Unit 708, Phoenix, AZ

This home is located at 1 E Lexington Ave Unit 708, Phoenix, AZ 85012 since 25 February 2013 and is currently estimated at $849,580, approximately $430 per square foot. This property was built in 2008. 1 E Lexington Ave Unit 708 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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