NOT LISTED FOR SALE

Orpheum Lofts 114 W Adams St Unit 1003 Phoenix, AZ 85003

Downtown Phoenix Neighborhood

Estimated Value: $295,000 - $326,000

1 Bed
1 Bath
858 Sq Ft
$520/mo HOA Fee

Last Sold January 07, 2020

Last sale price $224,000 $261 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,325/month

207 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to Washington/Central Ave
  • Unit is on the top floor
  • Magnet Traditional School Rated 9+
  • Gated with Attendant
  • 3-minute walk to McDowell Mountain Regional Park

About This Home

As of January 2020

Downtown living at it's finest at the Historic Orpheum Lofts! This is the most beautiful historic residence in downtown Phoenix. Best views to the north and east of downtown from this spacious 1 bedroom with 7 large windows EXTRA HIGH CEILINGS. Tile floors in all living areas, the bedroom is carpeted. Granite in the kitchen with black appliances. Stacked washer/dryer in condo. Beautiful brick walls. Niches and plenty of wall space for art work. This is the most popular 1 bedroom floor plan.

Last Agent to Sell the Property

Dennis Kolodin

Metro Realty License #BR535429000 Listed on: 04/29/2019

Last Buyer's Agent

Anne Penaz

HomeSmart License #SA646783000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,809

Year Built

  • Built in 2005

Lot Details

  • 871

HOA Fees

  • $520 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 858 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop
  • The property is located in a historic district

Schools

  • Kenilworth Elementary School
  • Central High School

Utilities

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

Additional Features

  • No Interior Steps
  • End Unit

Listing and Financial Details

  • Tax Lot 1003
  • Assessor Parcel Number 112-21-365

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, trash, roof replacement, maintenance exterior
  • City Prop Management Association, Phone Number (602) 437-4777
  • High-Rise Condominium
  • Built by Weitz
  • Orpheum Lofts Condominium 2Nd Amd Subdivision
  • 11-Story Property

Recreation

  • Heated Community Pool
  • Community Spa

Additional Features

  • Recreation Room
  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,809

Year Built

Built in 2005

Lot Details

0

HOA Fees

$520 per month

Listing Details

  • Cross Street: Van Buren and 1st Avenue
  • 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: 519.76
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2018
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: ORPHEUM LOFTS CONDOMINIUM 2ND AMD
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 519.76
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Construction Brick: Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Pantry, Full Bth Master Bdrm
  • Living Area: 858.0
  • Stories: 11
  • Window Features: Low-Emissivity Windows, Dual Pane
  • 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 Pantry: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • View: City Light View(s)
  • Disclosures: Agency Discl Req
  • Common Walls: Neighbor Below, End Unit
  • Construction Type: Brick Veneer, Steel Frame, Brick
  • Roof: Built-Up
  • Construction:Frame - Metal: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Fire Sprinkler System, Security Guard
  • 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, Historic District, Guarded Entry, Fitness Center
  • Association Fee: 519.76
  • Association Fee Frequency: Monthly
  • Association Name: City Prop Management
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: City Prop Management
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1039.52
  • 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:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, Trash, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Kenilworth Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 866.0
  • Parcel #: 112-21-365

Building Info

  • Builder Name: Weitz

Tax Info

  • Tax Annual Amount: 1809.0
  • Tax Book Number: 112.00
  • Tax Lot: 1003
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Dec 17, 2019
Sold by
Munger John F and Munger Roseann
Bought by
Boyle Robert Marc O
Seller's Agent
Dennis Kolodin
Metro Realty
Buyer's Agent
Anne Penaz
HomeSmart
List Price
$260,000
Sold Price
$224,000
Premium/Discount to List
-$36,000
-13.85%
Current Estimated Value
$312,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,545
Avg. Annual Appreciation
5.90%
Original Mortgage
$208,050
Outstanding Balance
$183,426
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$129,119

Purchase Details

Closed on
Jun 21, 2007
Sold by
Shapiro E Donald and Shapiro Merle M
Bought by
Munger John F and Munger Roseann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,800
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2005
Sold by
Tasb Llc
Bought by
Shapiro E Donald and Shapiro Merle M
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
Boyle Robert Marc O $224,000 Lawyers Title Of Arizona Inc
Munger John F $376,000 Old Republic Title Agency
Shapiro E Donald $355,725 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyle Robert Marc O $208,050
Previous Owner Munger John F $300,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2020 01/07/20 Sold $224,000 -8.6% $261 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
11/04/2019 11/04/19 Price Changed $245,000 -5.8% $286 / Sq Ft
04/29/2019 04/29/19 For Sale $260,000 0.0% $303 / Sq Ft
05/01/2018 05/01/18 Rented $1,400 -6.4% --
04/30/2018 04/30/18 Under Contract -- -- --
04/05/2018 04/05/18 For Rent $1,495 -0.3% --
12/07/2016 12/07/16 Rented $1,500 -3.2% --
12/05/2016 12/05/16 Under Contract -- -- --
11/26/2016 11/26/16 For Rent $1,550 0.0% --
10/29/2016 10/29/16 Under Contract -- -- --
09/01/2016 09/01/16 For Rent $1,550 +10.7% --
09/10/2015 09/10/15 Rented $1,400 0.0% --
08/26/2015 08/26/15 Under Contract -- -- --
08/01/2015 08/01/15 Off Market $1,400 -- --
08/01/2015 08/01/15 For Rent $1,400 +7.7% --
08/01/2014 08/01/14 Rented $1,300 -7.1% --
06/15/2014 06/15/14 Under Contract -- -- --
01/24/2014 01/24/14 For Rent $1,400 +7.7% --
09/01/2012 09/01/12 Rented $1,300 0.0% --
07/25/2012 07/25/12 Under Contract -- -- --
07/09/2012 07/09/12 For Rent $1,300 -- --
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 $2,024 $14,487 -- --
2024 $1,894 $13,797 -- --
2023 $1,894 $20,820 $4,160 $16,660
2022 $1,816 $18,910 $3,780 $15,130
2021 $1,795 $18,360 $3,670 $14,690
2020 $1,841 $18,360 $3,670 $14,690
2019 $1,835 $18,150 $3,630 $14,520
2018 $1,809 $19,830 $3,960 $15,870
2017 $1,742 $17,430 $3,480 $13,950
2016 $1,691 $14,480 $2,890 $11,590
2015 $1,541 $13,660 $2,730 $10,930
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dennis Kolodin

    Metro Realty

    Section Image

  • A

    Buyer's Agent in 2020

    Anne Penaz

    HomeSmart

    Section Image

  • A

    Buyer's Agent in 2018

    Austin Harmes

    Metro Realty

    Section Image

  • K

    Seller's Agent in 2016

    Katie Crissman

    Metro Realty

    Section Image

  • L

    Buyer's Agent in 2016

    Leslie Dockter

    Infill Realty Services

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About Orpheum Lofts

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5918296

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-365

Arizona Maricopa County Phoenix 85003 Downtown Phoenix

114 W Adams St Unit 1003, Phoenix, AZ

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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