NOT LISTED FOR SALE

Orpheum Lofts 114 W Adams St Unit 1101 Phoenix, AZ 85003

Downtown Phoenix Neighborhood

Estimated Value: $703,000 - $2,140,389

2 Beds
2.5 Baths
2,777 Sq Ft
2,614 Sq Ft Lot

Last Sold October 10, 2013

Last sale price $1,300,000 $468 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,818/month

124 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 October 2013

This is the most magnificent penthouse in downtown Phoenix comprising the entire 11th floor of the Orpheum Lofts building with 2 private roof decks, 1 with a Jacuzzi and 1 with a magnificent gas fireplace. Architectural beauty and magnificent views. There is no 11th floor elevator lobby as the elevator opens directly into this custom, one-of-a-kind, luxurious penthouse. The pictures tell the whole story. Walking distance to Chase Field, US Airways Arena, City Scape as well as theatres and restaurants galore. Main roof deck approx. 950 sq ft; Jacuzzi roof deck approx. 450 sq ft. Buyer to measure.

Last Agent to Sell the Property

Dennis Kolodin

Metro Realty License #BR535429000 Listed on: 05/24/2013

Last Buyer's Agent

Gina Marcelli-Munk

HomeSmart License #SA569971000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,715

Year Built

  • Built in 2005

Lot Details

  • No Common Walls
  • End Unit

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Assigned Parking

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Metal Construction or Metal Frame

Interior Spaces

  • 2,777 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Smart Home

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Outdoor Fireplace

Location

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

Schools

  • Kenilworth Elementary School
  • Kenilworth Elementary High School

Utilities

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

Listing and Financial Details

  • Tax Lot 1101
  • Assessor Parcel Number 112-21-373

Community Details

Overview

  • Property has a Home Owners Association
  • City Property Manage Association, Phone Number (480) 551-4310
  • High-Rise Condominium
  • Built by Weitz Construction
  • Orpheum Lofts Subdivision, Penthouse Floorplan

Amenities

  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,715

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Cross Street: Van Buren Street & Central Avenue
  • Property Type: Residential
  • 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: 1700.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2005
  • Spa Private: Yes
  • Tax Year: 2012
  • Master Model: Penthouse
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.06
  • Subdivision Name: Orpheum Lofts
  • Architectural Style: Contemporary
  • ResoBuildingAreaSource: Owner
  • Association Fees:HOA Fee2: 1700.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Technology:Smart Home System: Yes
  • Building Style:High Rise: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone, Wood, Other
  • Spa Features: Community, Heated, None, Private
  • Total Bedrooms: 2
  • Fireplace Features: 2 Fireplace, Exterior Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Walk-In Closet(s), 9+ Flat Ceilings, Fire Sprinklers, Vaulted Ceiling(s), Wet Bar, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Smart Home, Granite Counters
  • Living Area: 2777.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Owner
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Dishwasher2: 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:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Other, See Remarks
  • Exterior Features: Balcony
  • Pool Features: Community, Heated, None
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req
  • Common Walls: No Common Walls, Neighbor Below, End Unit
  • Construction Type: Brick Veneer, Other, See Remarks, Brick, Frame - Metal
  • Roof: Other, See Remarks
  • Construction:Frame - Metal: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security Guard
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Guarded Entry, Clubhouse, Fitness Center
  • Amenities: Other, Management, Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: Orpheum Lofts
  • Phone: 480-551-4310
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Orpheum Lofts
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Manage
  • 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: Kenilworth Elementary School
  • Middle Or Junior School: Kenilworth Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2559.0
  • Parcel #: 112-21-373
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Weitz Construction

Tax Info

  • Tax Annual Amount: 2714.76
  • Tax Book Number: 112.00
  • Tax Lot: 1101
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2019
Sold by
Mathiesen Hans W
Bought by
Mathiesen Hans W
Current Estimated Value
$1,232,597

Purchase Details

Listed on
May 24, 2013
Closed on
Sep 30, 2013
Sold by
Jochim Scott P
Bought by
Mathiesen Hans W
Seller's Agent
Dennis Kolodin
Metro Realty
Buyer's Agent
Gina Marcelli-Munk
HomeSmart
List Price
$1,495,000
Sold Price
$1,300,000
Premium/Discount to List
-$195,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.44%

Purchase Details

Closed on
Jun 12, 2008
Sold by
Tasb Llc
Bought by
Jochim Scott P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
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
Mathiesen Hans W -- None Available
Mathiesen Hans W $1,300,000 Equity Title Agency Inc
Jochim Scott P $825,000 Title Management Agency Of A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jochim Scott P $618,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2013 10/10/13 Sold $1,300,000 -5.4% $468 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
08/26/2013 08/26/13 Price Changed $1,374,900 -1.4% $495 / Sq Ft
06/06/2013 06/06/13 Price Changed $1,395,000 -6.7% $502 / Sq Ft
05/24/2013 05/24/13 For Sale $1,495,000 -- $538 / 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 $4,404 $27,656 -- --
2024 $4,144 $26,339 -- --
2023 $4,144 $34,490 $6,895 $27,595
2022 $3,982 $32,005 $6,400 $25,605
2021 $3,901 $31,705 $6,340 $25,365
2020 $3,999 $33,275 $6,655 $26,620
2019 $3,976 $34,380 $6,875 $27,505
2018 $3,933 $45,080 $9,015 $36,065
2017 $3,829 $37,955 $7,590 $30,365
2016 $3,715 $32,155 $6,430 $25,725
2015 $3,422 $22,550 $4,510 $18,040
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Dennis Kolodin

    Metro Realty

    Section Image

  • G

    Buyer's Agent in 2013

    Gina Marcelli-Munk

    HomeSmart

    Section Image
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About Orpheum Lofts

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4942279

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-373

Arizona Maricopa County Phoenix 85003 Downtown Phoenix

114 W Adams St Unit 1101, 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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