$440,000
SOLD SEP 18, 2020
2 Beds
2 Baths
1,706 Sq Ft
$1,016/mo HOA Fee

Recently Sold

$258 Per Sq Ft

11% Below List Price

46 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to Washington/Central Ave
  • Unit is on the top floor
  • Phoenix Coding Academy Rated A
  • Gated with Attendant
  • 3-minute walk to McDowell Mountain Regional Park

About This Home

As of May 2021

This is the best 2 bedroom condo located within Orpheum Lofts! This spacious split floor plan in 1706 SF is a corner residences with eastern exposure. The building is constructed with concrete and brick, offering excellent sound abatement. The residence consists of 10' 8'' ceilings, Brazilian Koa wood floors, warm red brick exterior walls and exposed duct-work in an open floor plan. Located in a premium location within the community on the 2nd floor with direct access to the courtyard with grills and outdoor seating - great spot for morning coffee and easy access to grills for dinner. Feel the energy downtown through the wall of windows offering great city night light views. In addition to the abundance of storage within the residence, large secured storage locker in basement. Built in 1931, formerly the Phoenix Title & Trust building, the building was recreated in Art Deco-styled residences. Amenities include secured entrance, elevators to all floors, heated pool with wave machine, fitness center, steam room, sauna, resident recreation room, conference/meeting room, outdoor courtyard with grills and seating. Lobby attendant onsite 7am-2am daily. The location downtown is very walkable to dining, entertainment, theaters, movies. And, of course Roosevelt Row! Super healthy HOA includes Internet and water.

Last Agent to Sell the Property

Roberta Candelaria

Phoenix Urban Spaces License #BR561500000 Listed on: 06/26/2020

Co-Listed By

Pam Prusha

Phoenix Urban Spaces License #SA673670000

Last Buyer's Agent

Michael and Mari Martinez

eXp Realty License #BR039035000

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,814

Year Built

  • Built in 2005

Lot Details

  • End Unit

HOA Fees

  • $1,016 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
  • Roller Shields
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Accessible Home Design

  • 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, sewer, pest control, ground maintenance, front yard maint, trash, roof replacement, maintenance exterior
  • City Property Mgmt Association, Phone Number (602) 437-4777
  • High-Rise Condominium
  • Orpheum Lofts Condominium 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

$1,814

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,016 per month

Listing Details

  • Cross Street: 1st Ave and Adams
  • 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: 1015.71
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2019
  • Directions: Central and Adams. Park on street, entrance on North side of Adams
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.04
  • Co List Office Mls Id: phxu01
  • Co List Office Phone: 602-791-3292
  • Subdivision Name: ORPHEUM LOFTS CONDOMINIUM
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 1015.71
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Zero-Grade Entry
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Breakfast Bar, 9+ Flat Ceilings, Elevator, No Interior Steps, Roller Shields, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 1706.0
  • Stories: 11
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: 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 Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Storage
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Seller Discl Avail
  • Common Walls: Neighbor Below, Neighbor Above, End Unit
  • Construction Type: Brick Veneer, Brick
  • Patio And Porch Features: Patio
  • Roof: Other
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Parking Features: Off Site
  • Attached Garage: No
  • Parking Features:Off Site: Yes

Utilities

  • Utilities: Other
  • 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, Community Spa Htd, Community Pool Htd, Near Light Rail Stop, Near Bus Stop, Historic District, Guarded Entry, Fitness Center
  • Association Fee: 1015.71
  • Association Fee Frequency: Monthly
  • Association Name: Orpheum Lofts Condo
  • 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 Condo
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1015.71
  • 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:Front Yard 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
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Front Yard Maint, 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: 1835.0
  • Parcel #: 112-21-286

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1814.0
  • Tax Book Number: 112.00
  • Tax Lot: 203
  • Tax Map Number: 21.00

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Original Mortgage
$339,300
Outstanding Balance
$310,738
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$372,835

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
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $480,348 Empire West Title Agency Llc
Warranty Deed $440,000 Lawyers Title Of Arizona Inc
Cash Sale Deed $180,000 Fidelity Natl Title Ins Co
Special Warranty Deed $536,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,000 Credit Line Revolving
Open $339,300 New Conventional
Previous Owner $396,000 New Conventional
Previous Owner $426,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Price Changed $699,000 -3.6% $410 / Sq Ft
03/06/2025 03/06/25 For Sale $725,000 0.0% $425 / Sq Ft
03/06/2025 03/06/25 Off Market $725,000 -- --
01/23/2025 01/23/25 For Sale $725,000 +50.9% $425 / Sq Ft
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

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 $1,914 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6096060

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-286