NOT LISTED FOR SALE

Estimated Value: $303,000 - $332,000

1 Bed
1 Bath
837 Sq Ft
$654/mo HOA Fee

Last Sold February 10, 2023

Last sale price $335,000 $400 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,508/month

17 Days on Market

Highlights

  • Concierge
  • 3-minute walk to Washington/Central Ave
  • The property is located in a historic district
  • Phoenix Coding Academy Rated A
  • Gated with Attendant
  • 3-minute walk to McDowell Mountain Regional Park

About This Home

As of February 2023

The quintessential loft experience in Downtown Phoenix - Welcome to the only Art Deco residential building in Arizona. This one bedroom loft features original red-brick walls, concrete ceiling and exposed duct-work. Orpheum Lofts offers Westinghouse elevators, indoor & outdoor lounge space, grilling area, pool, spa, sauna, steam room and well-equipped fitness center. This stunning development is an 11-story high-rise, originally built in 1931 as office space for Phoenix Title & Trust Co. In 2004 it underwent renovations to be converted into condominiums. It was later added to the Phoenix Historic Property Register and The National Historic Register of Places. Own a piece of Phoenix history when you call Orpheum Lofts your home. (Owner leases parking that may be transferrable!)

Last Agent to Sell the Property

Natasha Lawrence

LOVE PHX Brokerage Email: natasha@residephoenix.com License #BR679078000 Listed on: 01/12/2023

Last Buyer's Agent

Pamela Bernard

Keller Williams Realty Sonoran Living License #SA552798000

Keller Williams Realty Sonoran Living

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,682

Year Built

  • Built in 1931

Lot Details

  • 871

HOA Fees

  • $654 Monthly HOA Fees

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stone Exterior Construction

Interior Spaces

  • 837 Sq Ft Home
  • Double Pane Windows

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Location

  • The property is located in a historic district

Schools

  • Kenilworth Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 301
  • Assessor Parcel Number 112-21-293

Community Details

Overview

  • Association fees include electricity, roof repair, insurance, sewer, ground maintenance, air conditioning and heating, trash, water, roof replacement, maintenance exterior
  • City Property Mgmt. Association, Phone Number (602) 437-4777
  • High-Rise Condominium
  • Built by Historic
  • Orpheum Lofts Condominium 2Nd Amd Subdivision
  • 11-Story Property

Amenities

  • Concierge
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,682

Year Built

Built in 1931

Lot Details

0

HOA Fees

$654 per month

Listing Details

  • Cross Street: 1ST AVE & ADAMS STREET
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 653.97
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2019
  • Separate Den Office Sep Den Office: N
  • Year Built: 1931
  • Tax Year: 2022
  • Directions: West on Adams from 1st Ave
  • Attribution Contact: natasha@residephoenix.com
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: ORPHEUM LOFTS CONDOMINIUM 2ND AMD
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 653.97
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Elevator, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 837.0
  • Stories: 11
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Assessor
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Historic District: Yes
  • Community Features:Concierge: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Other, Steel Frame, Stone, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Construction:Frame - Metal: Yes

Garage/Parking

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

Utilities

  • Cooling: Other, See Remarks
  • Heating: Electric
  • Security: Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Historic District, Community Media Room, Guarded Entry, Concierge, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 653.97
  • Association Fee Frequency: Monthly
  • Association Name: Orpheum Lofts Condos
  • Phone: (602) 437-777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Orpheum Lofts Condos
  • Association Fees:HOA Telephone4: (602) 437-777
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 400.0
  • 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: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:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Air CondHeating: Yes
  • Association Fee Incl:Electric8: Yes

Fee Information

  • Association Fee Includes: Electricity, Roof Repair, Insurance, Sewer, Maintenance Grounds, Air Cond/Heating, Trash, Water, 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: Osborn Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 837.0
  • Parcel #: 112-21-293
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Historic

Tax Info

  • Tax Annual Amount: 1681.84
  • Tax Book Number: 112.00
  • Tax Lot: 301
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Feb 10, 2023
Sold by
Wright Dustin N
Bought by
Okunami Troy
Seller's Agent
Natasha Lawrence
LOVE PHX
Buyer's Agent
Pamela Bernard
Keller Williams Realty Sonoran Living
List Price
$345,000
Sold Price
$335,000
Premium/Discount to List
-$10,000
-2.9%
Views
58
Current Estimated Value
$318,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,702
Avg. Annual Appreciation
-2.14%

Purchase Details

Listed on
Aug 21, 2018
Closed on
Dec 28, 2018
Sold by
Ortiz Joseph M
Bought by
Wright Dustin N
Seller's Agent
Sandra Mitsis
Acacia Fine Homes
Buyer's Agent
Natasha Lawrence
LOVE PHX
List Price
$219,900
Sold Price
$209,000
Premium/Discount to List
-$10,900
-4.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.29%
Original Mortgage
$198,550
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2015
Closed on
May 11, 2015
Sold by
Eisenberger Kenneth and Martinez Ronald
Bought by
Ortiz Joseph M
Seller's Agent
Brandon Howe
Howe Realty
Buyer's Agent
Sandra Mitsis
Acacia Fine Homes
List Price
$179,500
Sold Price
$169,000
Premium/Discount to List
-$10,500
-5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$160,550
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2008
Sold by
Bank Of America National Association
Bought by
Eisenberger Kenneth and Martinez Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2008
Sold by
Harlan Sam Link
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 14, 2005
Sold by
Tasb Llc
Bought by
Capri Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2005
Sold by
Capri Frank
Bought by
Harlan Sam Link

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
5.61%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Okunami Troy $335,000 Security Title Agency
Wright Dustin N $209,000 Lawyers Title Of Arizona Inc
Ortiz Joseph M $169,000 Lawyers Title Of Arizona Inc
Eisenberger Kenneth $146,000 Great American Title Agency
Bank Of America Na $188,000 Great American Title Agency
Capri Frank $171,320 Chicago Title Insurance Co
Harlan Sam Link $250,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Dustin N $197,000
Previous Owner Wright Dustin N $198,550
Previous Owner Ortiz Joseph M $166,655
Previous Owner Ortiz Joseph M $160,550
Previous Owner Eisenberger Kenneth $96,000
Previous Owner Harlan Sam Link $50,000
Previous Owner Harlan Sam Link $258,500
Previous Owner Capri Frank $171,000
Previous Owner Harlan Sam Link $200,000
Closed Harlan Sam Link $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $335,000 -2.9% $400 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $345,000 0.0% $412 / Sq Ft
12/01/2020 12/01/20 Rented $1,650 -5.7% --
10/14/2020 10/14/20 Under Contract -- -- --
10/08/2020 10/08/20 For Rent $1,750 0.0% --
03/11/2020 03/11/20 Rented $1,750 0.0% --
01/27/2020 01/27/20 Under Contract -- -- --
11/21/2019 11/21/19 For Rent $1,750 0.0% --
01/18/2019 01/18/19 Sold $209,000 -4.1% $250 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
10/10/2018 10/10/18 Price Changed $218,000 -0.9% $260 / Sq Ft
08/20/2018 08/20/18 For Sale $219,900 +30.1% $263 / Sq Ft
06/23/2015 06/23/15 Sold $169,000 -0.6% $202 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
04/15/2015 04/15/15 Price Changed $169,950 -5.3% $203 / Sq Ft
03/02/2015 03/02/15 For Sale $179,500 0.0% $214 / Sq Ft
07/15/2014 07/15/14 Rented $1,450 -6.5% --
07/12/2014 07/12/14 Under Contract -- -- --
05/30/2014 05/30/14 For Rent $1,550 0.0% --
07/21/2013 07/21/13 Rented $1,550 0.0% --
07/21/2013 07/21/13 Under Contract -- -- --
07/07/2013 07/07/13 For Rent $1,550 -- --
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 $972 $11,853 -- --
2024 $1,749 $5,644 -- --
2023 $1,749 $20,350 $4,070 $16,280
2022 $1,682 $18,460 $3,690 $14,770
2021 $1,650 $17,910 $3,580 $14,330
2020 $1,688 $17,900 $3,580 $14,320
2019 $1,836 $17,680 $3,530 $14,150
2018 $1,498 $16,800 $3,360 $13,440
2017 $1,443 $15,010 $3,000 $12,010
2016 $1,399 $12,120 $2,420 $9,700
2015 $1,440 $5,675 $1,135 $4,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6505403

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-293