NOT LISTED FOR SALE

101 N 7th St Unit 278 Phoenix, AZ 85034

Garfield Neighborhood

Estimated Value: $347,000 - $381,000

2 Beds
2 Baths
1,146 Sq Ft
$313/mo HOA Fee

Last Sold June 22, 2023

Last sale price $420,000 $366 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $2,366/month

51 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Gated Community
  • Phoenix Coding Academy Rated A
  • Gated Parking
  • Contemporary Architecture

About This Home

As of June 2023

Remarkable renovation - The property features hardwood floors & plantation shutters throughout. The raised ceiling in the main living area makes the kitchen spectacular w/ a rich black cabinetry, stainless steel appliances & an impressive kitchen island with an under-mount sink, under-mount microwave & an essential R/O system. Master bath w/ dual sinks & enlarged walk-in shower. Excellent split floor plan with 4 separate balconies. New HVAC unit, electric fireplace, washer & dryer & wireless alarm. Steps from the pool, clubhouse & exercise room! Walk across the street to Heritage Square, restaurants, coffee shops, Chase Field, Herberger Theater, Phoenix Symphony Hall, the Suns Arena & the Phoenix Light Rail. Truly one of a kind in the heart of downtown w/ over $200,000 renovation upgrades!

Last Agent to Sell the Property

Michael Paletta

Ventana Fine Properties License #SA028543000 Listed on: 04/25/2023

Last Buyer's Agent

Ashok Parmar

HomeSmart License #SA631525000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,598

Year Built

  • Built in 1985

Lot Details

  • 1,307

HOA Fees

  • $313 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,146 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Solar Screens
  • Living Room with Fireplace

Kitchen

  • Kitchen Updated in 2023
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Floors Updated in 2023
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Updated in 2023
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 1 Carport Space
  • Gated Parking
  • Assigned Parking

Location

  • Unit is on the top floor
  • Property is near public transit

Schools

  • Garfield Elementary And Middle School
  • North High School

Utilities

  • Cooling System Updated in 2023
  • Central Air
  • Heating Available
  • Plumbing System Updated in 2023
  • Wiring Updated in 2023
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 278
  • Assessor Parcel Number 116-34-114

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, street maintenance, front yard maint, roof replacement, maintenance exterior
  • Apm Association, Phone Number (480) 628-2848
  • Built by Coventry
  • Renaissance Park Phase 1 Subdivision, Plaza Floorplan

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Additional Features

  • Recreation Room
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,598

Year Built

Built in 1985

Lot Details

0

HOA Fees

$313 per month

Listing Details

  • Cross Street: 7th St & Washington Ave
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 312.7
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2023
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2023
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2023
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2023
  • Items Updated Plmbg Yr Updated: 2023
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2023
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2022
  • Master Model: Plaza
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: Renaissance Park Phase 1
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 312.7
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, 9+ Flat Ceilings, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1146.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Below
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Built-Up, Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Gated, Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated2: 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: Gated, Community Spa Htd, Community Pool, Near Light Rail Stop, Biking/Walking Path, Fitness Center
  • Association Fee: 312.7
  • Association Fee Frequency: Monthly
  • Association Name: Renaissance Park
  • Phone: 480-628-2848
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Renaissance Park
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 625.4
  • Association Fees:Disclosure Fees HOA: 250.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: APM
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • 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

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, Street Maint, Front Yard Maint, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Garfield School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Garfield School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1103.0
  • Parcel #: 116-34-114

Building Info

  • Builder Name: Coventry

Tax Info

  • Tax Annual Amount: 1598.0
  • Tax Book Number: 116.00
  • Tax Lot: 278
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Jun 22, 2023
Sold by
Mastre Grant R
Bought by
Parmar Prashant and Parmar Heena P
Seller's Agent
Michael Paletta
Ventana Fine Properties
Buyer's Agent
Ashok Parmar
HomeSmart
List Price
$449,000
Sold Price
$420,000
Premium/Discount to List
-$29,000
-6.46%
Views
31
Current Estimated Value
$364,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,943
Avg. Annual Appreciation
-5.93%

Purchase Details

Listed on
Apr 7, 2022
Closed on
May 12, 2022
Sold by
Paul Zazueta
Bought by
Mastre Grant R
Seller's Agent
Lon Tovar
HomeSmart
Buyer's Agent
Michael Paletta
Ventana Fine Properties
List Price
$320,000
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.34%
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
Parmar Prashant $420,000 Great American Title Agency
Mastre Grant R $320,000 Great American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2023 06/22/23 Sold $420,000 -6.5% $366 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/12/2023 06/12/23 Price Changed $449,000 0.0% $392 / Sq Ft
06/12/2023 06/12/23 For Sale $449,000 +6.9% $392 / Sq Ft
05/30/2023 05/30/23 Off Market $420,000 -- --
05/16/2023 05/16/23 Price Changed $478,000 -8.1% $417 / Sq Ft
04/25/2023 04/25/23 For Sale $520,000 +62.5% $454 / Sq Ft
05/20/2022 05/20/22 Sold $320,000 0.0% $279 / Sq Ft View Prior Sale
04/09/2022 04/09/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $320,000 -- $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 $1,777 $12,511 -- --
2024 $1,657 $11,915 -- --
2023 $1,657 $23,710 $4,740 $18,970
2022 $1,598 $19,670 $3,930 $15,740
2021 $1,414 $18,160 $3,630 $14,530
2020 $1,434 $17,030 $3,400 $13,630
2019 $1,435 $15,630 $3,120 $12,510
2018 $1,409 $13,610 $2,720 $10,890
2017 $1,359 $11,560 $2,310 $9,250
2016 $1,320 $11,410 $2,280 $9,130
2015 $1,203 $11,070 $2,210 $8,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6548309

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-34-114