$465,000
SOLD MAY 6, 2022

Orpheum Lofts 114 W Adams St Unit 207 Phoenix, AZ 85003

Downtown Phoenix Neighborhood
2 Beds
2 Baths
1,798 Sq Ft
$1,238/mo HOA Fee

Recently Sold

$259 Per Sq Ft

13% Below List Price

127 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 June 2024

Executive living at its finest! Incredible opportunity to own a piece of history in downtown Phoenix. This unit has tons of character with breathtaking views, corner unit, open split floor plan, only one of five units with direct courtyard access. Master bedroom has no neighbors above, 2nd largest unit in Orpheum lofts. Granite counter tops, stainless steel appliance, upgraded cabinetry, wood floors and carpet in the bedrooms. Along with this unit comes covered parking spot (Renaissance Parking Garage) and once the Hyatt is completed you will have free valet parking for 10 years(25K value). In addition, you have access to a community heated pool, spa, fitness center, conference room and security guard. A storage locker is also included in the sale. All right in the heart of Phoenix

Last Agent to Sell the Property

Brian Kulpaca

ProSmart Realty License #SA523661000 Listed on: 07/07/2021

ProSmart Realty

Last Buyer's Agent

Michael Korzeniowski

Embarc Realty License #SA671638000

Embarc Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,189

Year Built

  • Built in 2005

HOA Fees

  • $1,238 Monthly HOA Fees

Home Design

  • Loft
  • Brick Exterior Construction

Interior Spaces

  • 1,798 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Ceiling Fan

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 1 Carport Space
  • Off-Site Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Hallway
  • No Interior Steps
  • Stepless Entry

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

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

Additional Features

  • Patio
  • End Unit

Listing and Financial Details

  • Tax Lot 207
  • Assessor Parcel Number 112-21-290

Community Details

Overview

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

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,189

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,238 per month

Listing Details

  • Cross Street: 1st Ave & Adams
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1238.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2020
  • Directions: Northwest corner of 1st Ave/Adams. Park on street or in Wells Fargo Parking garage just south of Orpheum Lofts.
  • Property Sub Type: Loft Style
  • Horses: No
  • Lot Size Acres: 0.04
  • Subdivision Name: ORPHEUM LOFTS CONDOMINIUM 2ND AMD
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 1238.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Building Style:High Rise: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Zero-Grade Entry, Accessible Hallway(s)
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Elevator, No Interior Steps, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 1798.0
  • Stories: 11
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Community Media Room: 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
  • Lot Features: Corner Lot
  • Pool Features: None
  • Pool Private: No
  • View: City Light View(s)
  • Disclosures: Agency Discl Req
  • Common Walls: Neighbor Below, Neighbor Above, End Unit
  • Construction Type: Brick Veneer, Brick
  • Patio And Porch Features: Patio
  • Roof: Other
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned, Off Site
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Off Site: Yes

Utilities

  • Cooling: Ceiling Fan(s), Other, Programmable Thmstat, See Remarks
  • Heating: Electric
  • Security: Fire Sprinkler System, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Spa Htd, Near Light Rail Stop, Near Bus Stop, Historic District, Community Media Room, Guarded Entry, Biking/Walking Path, Fitness Center
  • Association Fee: 1238.0
  • 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: 2.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mgmt
  • 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

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, 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: 1915.0
  • Parcel #: 112-21-290

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3189.0
  • Tax Book Number: 112.00
  • Tax Lot: 207
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jun 28, 2024
Sold by
Murray Colin B
Bought by
Gilliam John Sherman
Seller's Agent
Nicholas Yale
Brokers Hub Realty, LLC
Buyer's Agent
Allyson Allan
West USA Realty
List Price
$599,990
Sold Price
$570,000
Premium/Discount to List
-$29,990
-5%
Views
30
Current Estimated Value
$554,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,367
Avg. Annual Appreciation
3.23%
Original Mortgage
$534,500
Outstanding Balance
$528,623
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$63,721

Purchase Details

Closed on
Oct 4, 2013
Sold by
Graziano Joseph
Bought by
Graziano Joseph and Joseph Graziano Living Trust

Purchase Details

Closed on
Mar 3, 2005
Sold by
Tasb Llc
Bought by
Graziano Joseph and Graziano Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.87%
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 Type Sale Price Title Company
Warranty Deed $570,000 Ez Title Services
Interfamily Deed Transfer -- None Available
Special Warranty Deed $550,650 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $534,500 New Conventional
Closed $381,300 New Conventional
Previous Owner $333,700 Purchase Money Mortgage
Closed $81,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $570,000 -5.0% $317 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $599,990 +29.0% $334 / Sq Ft
05/06/2022 05/06/22 Sold $465,000 -4.1% $259 / Sq Ft
10/23/2021 10/23/21 Pending -- -- --
10/02/2021 10/02/21 Price Changed $484,900 0.0% $270 / Sq Ft
08/29/2021 08/29/21 Price Changed $485,000 -3.0% $270 / Sq Ft
08/05/2021 08/05/21 Price Changed $499,900 -4.8% $278 / Sq Ft
07/20/2021 07/20/21 Price Changed $525,000 -1.9% $292 / Sq Ft
06/18/2021 06/18/21 For Sale $535,000 0.0% $298 / Sq Ft
01/27/2017 01/27/17 Rented $1,895 0.0% --
12/30/2016 12/30/16 Under Contract -- -- --
12/08/2016 12/08/16 For Rent $1,895 -- --
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 $3,306 $24,646 -- --
2024 $3,281 $23,472 -- --
2023 $3,281 $43,180 $8,630 $34,550
2022 $3,144 $40,400 $8,080 $32,320
2021 $3,104 $39,850 $7,970 $31,880
2020 $3,189 $40,720 $8,140 $32,580
2019 $3,176 $40,880 $8,170 $32,710
2018 $3,129 $39,580 $7,910 $31,670
2017 $3,012 $34,550 $6,910 $27,640
2016 $2,921 $27,250 $5,450 $21,800
2015 $2,658 $23,810 $4,760 $19,050
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Yale

    Seller's Agent in 2024

    Nicholas Yale

    Brokers Hub Realty, LLC

    (480) 620-8075

    27 in this area

    215 Total Sales

    Nicholas Yale
    Section Image
  • Allyson Allan

    Buyer's Agent in 2024

    Allyson Allan

    West USA Realty

    (480) 215-4411

    1 in this area

    26 Total Sales

    Allyson Allan
    Section Image
  • Brian Kulpaca

    Seller's Agent in 2022

    Brian Kulpaca

    ProSmart Realty

    (602) 686-3304

    1 in this area

    18 Total Sales

    Brian Kulpaca
    Section Image
  • Michael Korzeniowski

    Buyer's Agent in 2022

    Michael Korzeniowski

    Embarc Realty

    (602) 861-3300

    3 in this area

    136 Total Sales

    Michael Korzeniowski
    Section Image
  • Robert Mruz

    Buyer Co-Listing Agent in 2022

    Robert Mruz

    Embarc Realty

    (602) 799-1109

    3 in this area

    129 Total Sales

    Robert Mruz
    Section Image
  • Karen Harrigan

    Seller's Agent in 2017

    Karen Harrigan

    City Property Management Company

    (480) 251-0647

    20 Total Sales

    Karen Harrigan
    Section Image
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About Orpheum Lofts

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6252720

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-290

Arizona Maricopa County Phoenix 85003 Downtown Phoenix

114 W Adams St Unit 207, Phoenix, AZ

This home is located at 114 W Adams St Unit 207, Phoenix, AZ 85003 and is currently priced at $465,000, approximately $258 per square foot. This property was built in 2005. 114 W Adams St Unit 207 is a home located in Maricopa County with nearby schools including Dunbar Elementary School, Magnet Traditional School, and Phoenix Coding Academy.

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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