NOT LISTED FOR SALE

Estimated Value: $295,000 - $402,000

1 Bed
1 Bath
861 Sq Ft
871 Sq Ft Lot

Last Sold February 23, 2018

Last sale price $215,000 $250 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,911/month

10 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to Washington/Central Ave
  • Heated Spa
  • Magnet Traditional School Rated 9+
  • Gated with Attendant
  • 3-minute walk to McDowell Mountain Regional Park

About This Home

As of February 2018

Coveted historic Art Deco high-rise community located next to CityScape and light rail. This darling 10th floor one-bedroom loft with wood flooring in living & dining areas, tile in kitchen & bathroom, granite countertops, and wonderful aesthetic touches throughout provides great views of the city facing east as well. Amenities include beautiful clubroom, business center, pool/spa/sauna/steam room, fitness center, conference room, and 2nd floor courtyard. CABLE & INTERNET ARE INCLUDED IN HOA fee along with sewer & trash. Fantastic location & community!

Last Agent to Sell the Property

Julie Hill

HomeSmart License #SA516167000 Listed on: 01/09/2018

HomeSmart

Last Buyer's Agent

Michele Wolff

Russ Lyon Sotheby's International Realty License #SA114448000

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,951

Year Built

  • Built in 2005

Lot Details

  • 871

Home Design

  • Brick Exterior Construction
  • Built-Up Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 861 Sq Ft Home
  • City Lights Views

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Pool

  • Heated Spa
  • Heated Pool

Location

  • Property is near public transit
  • The property is located in a historic district

Schools

  • Kenilworth Elementary School
  • Centennial High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Outdoor Storage

Listing and Financial Details

  • Tax Lot 1006
  • Assessor Parcel Number 112-21-368

Community Details

Overview

  • Property has a Home Owners Association
  • City Property Mgmt Association, Phone Number (602) 437-4777
  • High-Rise Condominium
  • Orpheum Lofts Condominium Subdivision
  • 11-Story Property

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,951

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: 1st Ave & Adams
  • 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: 516.19
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2017
  • Master Model: N
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.02
  • Subdivision Name: ORPHEUM LOFTS CONDOMINIUM
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 516.19
  • Dining Area:Breakfast Bar: Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Building Style:High Rise: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Spa Features: Community, Heated, None
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Breakfast Bar, Fire Sprinklers, No Interior Steps, Kitchen Island, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 861.0
  • Stories: 11
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: 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:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Storage
  • Pool Features: Community, Heated, None
  • View: City Lights
  • Disclosures: Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Brick
  • Roof: Built-Up, Foam, Rolled/Hot Mop
  • Exterior Features:Storage: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security Guard
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Historic District, Community Media Room, Pool, Guarded Entry, Clubhouse, Fitness Center
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: Orpheum Lofts Condos
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Orpheum Lofts Condos
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1032.38
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mgmt
  • Association Fees:HOA Management Phone: 602-437-4777
  • 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:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Cable or Satellite: Yes

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Centennial High School
  • Middle Or Junior School: Kenilworth Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 797.0
  • Parcel #: 112-21-368
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1951.42
  • Tax Book Number: 112.00
  • Tax Lot: 1006
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2018
Closed on
Feb 23, 2018
Sold by
Stevenson David K
Bought by
Mertens Scott E
Seller's Agent
Julie Hill
HomeSmart
Buyer's Agent
Michele Wolff
Russ Lyon Sotheby's International Realty
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Current Estimated Value
$332,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,689
Avg. Annual Appreciation
5.85%
Original Mortgage
$204,250
Outstanding Balance
$174,062
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$158,627

Purchase Details

Listed on
Jan 9, 2018
Closed on
Feb 21, 2018
Sold by
Anderson Teresa
Bought by
Mertens Scott E
Seller's Agent
Julie Hill
HomeSmart
Buyer's Agent
Michele Wolff
Russ Lyon Sotheby's International Realty
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Outstanding Balance
$174,062
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$158,627

Purchase Details

Closed on
Jan 24, 2006
Sold by
Sandy Cheryl Lee
Bought by
Anderson Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2005
Sold by
Turner Barry D
Bought by
Sandy Cheryl Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,457
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 17, 2005
Sold by
Tasb Llc
Bought by
Sandy Cheryl Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,457
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac
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
Mertens Scott E -- Security Title Agency Inc
Mertens Scott E $215,000 Security Title Agency Inc
Anderson Teresa $339,000 Capital Title Agency Inc
Sandy Cheryl Lee -- Chicago Title Insurance Co
Sandy Cheryl Lee $306,822 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mertens Scott E $204,250
Closed Mertens Scott E $204,250
Previous Owner Anderson Teresa $271,200
Previous Owner Sandy Cheryl Lee $245,457
Closed Anderson Teresa $50,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2018 02/23/18 Sold $215,000 -4.4% $250 / Sq Ft
01/18/2018 01/18/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $225,000 0.0% $261 / Sq Ft
01/06/2017 01/06/17 Rented $1,275 -5.6% --
12/22/2016 12/22/16 Under Contract -- -- --
12/05/2016 12/05/16 For Rent $1,350 +8.0% --
12/01/2015 12/01/15 Rented $1,250 -3.8% --
11/13/2015 11/13/15 Under Contract -- -- --
10/15/2015 10/15/15 Price Changed $1,300 -3.7% $2 / Sq Ft
09/09/2015 09/09/15 For Rent $1,350 +10.2% --
07/19/2013 07/19/13 Rented $1,225 -3.9% --
07/02/2013 07/02/13 Under Contract -- -- --
05/01/2013 05/01/13 For Rent $1,275 +4.1% --
05/14/2012 05/14/12 Rented $1,225 -5.8% --
04/20/2012 04/20/12 Under Contract -- -- --
01/23/2012 01/23/12 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 $2,035 $14,581 -- --
2024 $1,904 $13,886 -- --
2023 $1,904 $20,880 $4,170 $16,710
2022 $1,816 $18,970 $3,790 $15,180
2021 $1,797 $18,420 $3,680 $14,740
2020 $1,841 $18,420 $3,680 $14,740
2019 $1,836 $18,210 $3,640 $14,570
2018 $1,810 $19,910 $3,980 $15,930
2017 $1,951 $17,510 $3,500 $14,010
2016 $1,893 $14,550 $2,910 $11,640
2015 $1,751 $13,710 $2,740 $10,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5706135

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-368