NOT LISTED FOR SALE

Orpheum Lofts 114 W Adams St Unit 208 Phoenix, AZ 85003

Downtown Phoenix Neighborhood

Estimated Value: $290,936 - $319,000

1 Bed
1 Bath
839 Sq Ft
$497/mo HOA Fee

Last Sold April 26, 2019

Last sale price $197,000 $235 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,188/month

187 Days on Market

Highlights

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

About This Home

As of April 2019

Dramatic Price Reduction! Urban loft in historic Orpheum Lofts building in downtown Phoenix. This incredible space offers a unique floor plan unlike any other unit in the building with large windows that over look Adams street and all the way down 1st Avenue. Positioned on the second floor it is one of the few units with accessibility up and down the original granite staircase that is displayed in the dramatic lobby of this building. Additional amenities within the building include a full size gym, pool, jacuzzi, dry and wet sauna, clubhouse, and center courtyard located on the second floor.

Last Agent to Sell the Property

Joshua Shaver

Russ Lyon Sotheby's International Realty License #SA656783000 Listed on: 05/02/2018

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Daleena Popham

True North Realty LLC License #BR575408000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $869

Year Built

  • Built in 2005

Lot Details

  • 871

HOA Fees

  • $497 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 839 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Bathroom
  • Low Flow Plumbing Fixtures

Pool

  • Private Pool
  • Spa

Location

  • Unit is below another unit
  • 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

Additional Features

  • Accessible Hallway
  • 1 Common Wall

Listing and Financial Details

  • Tax Lot 208
  • Assessor Parcel Number 112-21-291

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, cable TV, trash, 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

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$869

Year Built

Built in 2005

Lot Details

0

HOA Fees

$497 per month

Listing Details

  • Cross Street: 1st Avenue and Adams Street
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 496.54
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2018
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2015
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Spa Private: Yes
  • Tax Year: 2017
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: ORPHEUM LOFTS CONDOMINIUM 2ND AMD
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 496.54
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): 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: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Private
  • Accessibility Features: Accessible Hallway(s)
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, 9+ Flat Ceilings, Elevator, Pantry
  • Living Area: 839.0
  • Stories: 11
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: 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: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

Exterior Features

  • Fencing: None
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Above
  • Construction Type: Brick Veneer, Painted, Brick
  • Roof: Built-Up

Garage/Parking

  • Parking Features: Addtn'l Purchasable
  • Attached Garage: No
  • Parking Features:Addtn_squote_l Purchasable: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • 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, Near Light Rail Stop, Near Bus Stop, Historic District, Community Media Room, Guarded Entry, Fitness Center
  • Association Fee: 496.54
  • Association Fee Frequency: Monthly
  • Association Name: Orpheum Lofts
  • Phone: 602-254-3750
  • 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 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:Blanket Ins Policy: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes
  • Association Fee Incl:Cable or Satellite: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Cable TV, Trash, 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: 870.0
  • Parcel #: 112-21-291

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 869.0
  • Tax Book Number: 112.00
  • Tax Lot: 208
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Apr 17, 2019
Sold by
Kreis Stephen L
Bought by
Fierros Katie A
Seller's Agent
Joshua Shaver
Russ Lyon Sotheby's International Realty
Buyer's Agent
Daleena Popham
True North Realty LLC
List Price
$219,000
Sold Price
$197,000
Premium/Discount to List
-$22,000
-10.05%
Current Estimated Value
$306,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,484
Avg. Annual Appreciation
7.02%
Original Mortgage
$157,600
Outstanding Balance
$102,307
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$204,177

Purchase Details

Closed on
Feb 3, 2005
Sold by
Tasb Llc
Bought by
Kreis Stephen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,646
Interest Rate
5.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Fierros Katie A $19,700 Dhi Title Agency
Kreis Stephen L $218,307 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fierros Katie A $157,600
Previous Owner Kreis Stephen L $174,646
Closed Kreis Stephen L $32,746
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $197,000 0.0% $235 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
10/22/2018 10/22/18 Price Changed $197,000 -6.1% $235 / Sq Ft
10/10/2018 10/10/18 Price Changed $209,900 -1.2% $250 / Sq Ft
09/20/2018 09/20/18 Price Changed $212,400 -1.2% $253 / Sq Ft
07/09/2018 07/09/18 Price Changed $214,900 -1.9% $256 / Sq Ft
05/02/2018 05/02/18 For Sale $219,000 -- $261 / 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 $1,002 $5,785 -- --
2024 $948 $5,510 -- --
2023 $948 $10,190 $2,035 $8,155
2022 $910 $9,250 $1,850 $7,400
2021 $883 $8,980 $1,795 $7,185
2020 $912 $8,975 $1,795 $7,180
2019 $905 $8,860 $1,770 $7,090
2018 $892 $8,255 $1,650 $6,605
2017 $869 $7,390 $1,475 $5,915
2016 $843 $5,940 $1,185 $4,755
2015 $780 $5,555 $1,110 $4,445
Source: Public Records

Agents Affiliated with this Home

  • Joshua Shaver

    Seller's Agent in 2019

    Joshua Shaver

    Russ Lyon Sotheby's International Realty

    (602) 770-4773

    70 Total Sales

    Joshua Shaver
    Section Image

  • D

    Buyer's Agent in 2019

    Daleena Popham

    True North Realty LLC

    (480) 217-8232

    8 Total Sales

    Daleena Popham
    Section Image
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About Orpheum Lofts

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5760207

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-291

Arizona Maricopa County Phoenix 85003 Downtown Phoenix

114 W Adams St Unit 208, 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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