Seller's Agent in 2021
Michael and Mari Martinez
eXp Realty
(602) 753-8338
4 in this area
110 Total Sales
Orpheum Lofts 114 W Adams St Unit 203 Phoenix, AZ 85003
Downtown Phoenix NeighborhoodEstimated Value: $623,000 - $721,000
2
Beds
2
Baths
1,706
Sq Ft
$1,174/mo
HOA Fee
Highlights
- Fitness Center
- 3-minute walk to Washington/Central Ave
- Gated with Attendant
- Phoenix Coding Academy Rated A
- Transportation Service
- 3-minute walk to McDowell Mountain Regional Park
About This Home
As of May 2021The Orpheum Lofts in Downtown Phoenix, with its storied past and art-deco style, now has one of the coolest units available for sale. Tucked away in the NE corner of the building, this
spacious unit has direct access to the 2nd floor common area, complete with a barbecue grill, garden and lounge area seating. Inside, and aside from being almost entirely dressed in
exposed brick and cherry wood floors, this split bedroom plan has had some updates. Although the owners have been here a short time, they have installed new window coverings in the
bedrooms, the owner suite bathroom was converted to a walk-in shower, the guest bathroom had new rain shower panel installed, cabinets were repainted, and a new water heater was installed. It's a very open floor plan. There are also lots of amenities within the building, including: Clubhouse/Recreation Room/Community pool heated/community spa heated/Sauna/Steam room/guarded entry/near bus stop/near light rail stop/on site guard entry/workout facility all within the historic district, as well as, this building is listed on the national register of historic places. Lastly, you're within walking distance of lots of great restaurants, Phoenix Convention Center, Symphony Hall, Phoenix Suns Arena, Chase Field, grocery and pharmacy.
Last Agent to Sell the Property
eXp Realty License #BR039035000 Listed on: 03/26/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,828
Year Built
- Built in 2005
Lot Details
- End Unit
HOA Fees
- $1,174 Monthly HOA Fees
Parking
- Off-Site Parking
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,706 Sq Ft Home
- Ceiling height of 9 feet or more
- Ceiling Fan
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Remodeled Bathroom
- 2 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Accessible Home Design
- Grab Bar In Bathroom
- Accessible Hallway
- No Interior Steps
- Stepless Entry
Outdoor Features
- Patio
- Outdoor Storage
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
Listing and Financial Details
- Tax Lot 203
- Assessor Parcel Number 112-21-286
Community Details
Overview
- Association fees include roof repair, insurance, ground maintenance, roof replacement, maintenance exterior
- City Property Association, Phone Number (602) 437-4777
- High-Rise Condominium
- Orpheum Lofts Condominium 2Nd Amd Subdivision
- 11-Story Property
Amenities
- Transportation Service
- Recreation Room
Recreation
- Heated Community Pool
- Community Spa
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2021
Closed on
May 13, 2021
Sold by
Fuentes Evan and Bundy Lisa
Bought by
Bernardez Michael
Seller's Agent
Michael and Mari Martinez
eXp Realty
Buyer's Agent
Ebonie Bennett
Realty ONE Group
List Price
$489,900
Sold Price
$480,348
Premium/Discount to List
-$9,552
-1.95%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,196
Avg. Annual Appreciation
8.21%
Original Mortgage
$339,300
Outstanding Balance
$310,738
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$364,279
Purchase Details
Listed on
Jun 26, 2020
Closed on
Aug 14, 2020
Sold by
Hatch Brian P and Hatch Erika A
Bought by
Fuentes Evan and Bundy Lisa
Seller's Agent
Roberta Candelaria
Phoenix Urban Spaces
Buyer's Agent
Michael and Mari Martinez
eXp Realty
List Price
$492,400
Sold Price
$440,000
Premium/Discount to List
-$52,400
-10.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%
Original Mortgage
$396,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2010
Sold by
Ellis Michael E
Bought by
Hatch Brian P and Hatch Erika A
Purchase Details
Closed on
May 2, 2005
Sold by
Tasb Llc
Bought by
Ellis Michael E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,400
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bernardez Michael | $480,348 | Empire West Title Agency Llc | |
| Fuentes Evan | $440,000 | Lawyers Title Of Arizona Inc | |
| Hatch Brian P | $180,000 | Fidelity Natl Title Ins Co | |
| Ellis Michael E | $536,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bernardez Michael | $125,000 | |
| Open | Bernardez Michael | $339,300 | |
| Previous Owner | Fuentes Evan | $396,000 | |
| Previous Owner | Ellis Michael E | $426,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/25/2021 05/25/21 | Sold | $480,348 | -1.9% | $282 / Sq Ft |
| 04/23/2021 04/23/21 | Pending | -- | -- | -- |
| 03/26/2021 03/26/21 | For Sale | $489,900 | +11.3% | $287 / Sq Ft |
| 09/18/2020 09/18/20 | Sold | $440,000 | -7.8% | $258 / Sq Ft |
| 08/04/2020 08/04/20 | Price Changed | $477,400 | -1.5% | $280 / Sq Ft |
| 07/23/2020 07/23/20 | Price Changed | $484,900 | -1.5% | $284 / Sq Ft |
| 07/17/2020 07/17/20 | For Sale | $492,400 | 0.0% | $289 / Sq Ft |
| 07/17/2020 07/17/20 | Price Changed | $492,400 | +11.9% | $289 / Sq Ft |
| 07/05/2020 07/05/20 | Off Market | $440,000 | -- | -- |
| 06/26/2020 06/26/20 | For Sale | $499,900 | -- | $293 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,914 | $11,712 | -- | -- |
| 2024 | $1,900 | $11,154 | -- | -- |
| 2023 | $1,900 | $20,560 | $4,110 | $16,450 |
| 2022 | $1,822 | $19,190 | $3,835 | $15,355 |
| 2021 | $1,771 | $18,910 | $3,780 | $15,130 |
| 2020 | $1,828 | $19,290 | $3,855 | $15,435 |
| 2019 | $1,814 | $19,355 | $3,870 | $15,485 |
| 2018 | $1,790 | $18,685 | $3,735 | $14,950 |
| 2017 | $1,743 | $16,335 | $3,265 | $13,070 |
| 2016 | $1,691 | $12,905 | $2,580 | $10,325 |
| 2015 | $1,560 | $11,330 | $2,265 | $9,065 |
Source: Public Records
Agents Affiliated with this Home
-
Michael and Mari Martinez
-
Ebonie Bennett
Buyer's Agent in 2021
Ebonie Bennett
Realty One Group
(623) 920-3900
1 in this area
21 Total Sales
-
Roberta Candelaria
Seller's Agent in 2020
Roberta Candelaria
Phoenix Urban Spaces
(602) 791-3292
18 in this area
78 Total Sales
-
Pam Prusha
Seller Co-Listing Agent in 2020
Pam Prusha
Phoenix Urban Spaces
(602) 434-4776
2 in this area
7 Total Sales
About Orpheum Lofts
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6213076
APN: 112-21-286
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.
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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