$925,000
SOLD MAR 23, 2018
3 Beds
5 Baths
5,192 Sq Ft
2,404 Sq Ft Lot

Recently Sold

$178 Per Sq Ft

3% Below List Price

10 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • Wood Flooring
  • Phoenix Coding Academy Rated A
  • Property is near public transit
  • Hydromassage or Jetted Bathtub

About This Home

As of November 2020

Introducing the Arris, Incredible brownstone residences in the heart of Phoenix. The private residence offers 5485 sf of luxury living, soaring ceilings, multiple outdoor patios and a rooftop terrace. Unmatched construction quality including concrete floors, masonry construction. Enter from the charming entry courtyard into the large foyer and office or enter from the private, attached 2 car garage. Gracious living spaces on each floor, all easily accessed with a private elevator. The Arris offers a true lock and leave lifestyle just across the street from the Phoenix Art Museum, the Heard Museum, adjacent to light rail and walkable to dozens of restaurants and cafes. Luxury living in vibrant urban setting. Don't miss this amazing opportunity!

Last Agent to Sell the Property

Chad Christian Jr

Russ Lyon Sotheby's International Realty License #SA536279000 Listed on: 03/21/2018

Russ Lyon Sotheby's International Realty

Co-Listed By

Joe Bushong

Russ Lyon Sotheby's International Realty License #SA558366000

Last Buyer's Agent

Monica Monson

The Noble Agency License #BR535076000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,095

Year Built

  • Built in 2008

Lot Details

  • 2,404 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Private Streets
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 2 Car Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Brick Exterior Construction
  • Concrete Roof
  • Block Exterior

Interior Spaces

  • 5,192 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Security System Owned
  • Intercom

Outdoor Features

  • Balcony
  • Covered patio or porch

Location

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

Schools

  • Kenilworth Elementary School
  • Phoenix Prep Academy Middle School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 118-51-124

Community Details

Overview

  • Property has a Home Owners Association
  • City Prop Mgmt Association, Phone Number (602) 437-4777
  • Chateau On Central Subdivision, Imperial Floorplan

Security

  • Gated Community
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,095

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Central Ave & Palm Lane
  • Legal Info Range: 3E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 450.0
  • Basement: Y
  • Energy Green Feature H E R S Rating: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2008
  • Tax Year: 2017
  • Directions: From Central Ave and Palm Lane, head West on Palm Lane to property on the right.
  • Master Model: Imperial
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.06
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: CHATEAU ON CENTRAL
  • Architectural Style: Other (See Remarks)
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 450.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Flooring: Stone, Wood
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Elevator, Fire Sprinklers, Intercom, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 5192.0
  • Stories: 4
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • Basement Description:Finished2: Yes
  • Basement Description:Full: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Patio, Private Street(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front
  • Pool Features: None
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Brick Veneer, Block, Brick
  • Property Condition: Complete Spec Home
  • Roof: Concrete, Other, See Remarks
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Construction Status:Complete Spec Home: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Extnded Lngth Garage, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Security: Security System Owned, Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: City Prop Mgmt
  • Phone: 602-437-4777 ext 157
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: City Prop Mgmt
  • Association Fees:HOA Telephone4: 602-437-4777x157
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 900.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2404.0
  • Parcel #: 118-51-124
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 15095.24
  • Tax Book Number: 118.00
  • Tax Lot: 5
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2023
Sold by
Ten Palm Properties Llc
Bought by
Reen John and Reen Karen
Current Estimated Value
$1,898,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$294,757
Interest Rate
7.23%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,603,602

Purchase Details

Closed on
Feb 9, 2023
Sold by
Reen John and Reen Karen
Bought by
Ten Palm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2021
Sold by
Pennfield Self Storage Llc
Bought by
Ten Palm Properties Llc

Purchase Details

Listed on
Jun 10, 2020
Closed on
Nov 4, 2020
Sold by
Cohodas Rodney Allen and Cohodas Maureen Mary
Bought by
Exeter 20460 Wy Llc
Seller's Agent
Chad Christian Jr
Russ Lyon Sotheby's International Realty
Buyer's Agent
Karen Reen
Silverleaf Realty
List Price
$1,025,000
Sold Price
$955,000
Premium/Discount to List
-$70,000
-6.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.70%

Purchase Details

Closed on
Feb 11, 2020
Sold by
Cohodas Rod and Cohodas Maureen
Bought by
Cohodas Rodney Allen and Cohodas Maureen Mary Jean

Purchase Details

Closed on
Jun 4, 2018
Sold by
Msi Investment Llc
Bought by
Cohodas Rod and Cohodas Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
4.56%

Purchase Details

Listed on
Mar 21, 2018
Closed on
Mar 23, 2018
Sold by
Msi West Investments Llc
Bought by
Cohodas Rod and Cohodas Maureen
Seller's Agent
Chad Christian Jr
Russ Lyon Sotheby's International Realty
Buyer's Agent
Monica Monson
The Noble Agency
List Price
$950,000
Sold Price
$925,000
Premium/Discount to List
-$25,000
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$740,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Warranty Deed -- Pioneer Title
Quit Claim Deed -- --
Quit Claim Deed -- None Listed On Document
Warranty Deed $955,000 Magnus Title Agency Llc
Interfamily Deed Transfer -- None Available
Deed $925,000 --
Warranty Deed $925,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Credit Line Revolving
Previous Owner $725,000 New Conventional
Previous Owner $740,000 No Value Available
Previous Owner -- No Value Available
Previous Owner $740,000 Credit Line Revolving
Previous Owner $28,500,000 Unknown
Previous Owner $18,500,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Rented $6,900 0.0% --
05/23/2024 05/23/24 For Rent $6,900 0.0% --
11/13/2020 11/13/20 Sold $955,000 -4.4% $184 / Sq Ft
09/17/2020 09/17/20 Price Changed $999,000 -2.5% $192 / Sq Ft
06/10/2020 06/10/20 For Sale $1,025,000 +10.8% $197 / Sq Ft
03/23/2018 03/23/18 Sold $925,000 -2.6% $178 / Sq Ft
03/11/2018 03/11/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $950,000 -- $183 / 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 $12,401 $92,517 -- --
2024 $12,281 $55,343 -- --
2023 $12,281 $92,470 $18,490 $73,980
2022 $11,245 $79,920 $15,980 $63,940
2021 $11,894 $80,900 $16,180 $64,720
2020 $13,491 $85,930 $17,180 $68,750
2019 $14,947 $92,500 $18,500 $74,000
2018 $17,489 $127,050 $25,410 $101,640
2017 $15,095 $115,170 $23,030 $92,140
2016 $14,660 $114,700 $22,940 $91,760
2015 $13,357 $106,510 $21,300 $85,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5739642

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-51-124