NOT LISTED FOR SALE

Orpheum Lofts 114 W Adams St Unit 309 Phoenix, AZ 85003

Downtown Phoenix Neighborhood

Estimated Value: $395,000 - $417,000

2 Beds
2 Baths
1,098 Sq Ft
$659/mo HOA Fee

Last Sold March 25, 2020

Last sale price $280,500 $255 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,959/month

176 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to Washington/Central Ave
  • The property is located in a historic district
  • Magnet Traditional School Rated 9+
  • Gated with Attendant
  • 3-minute walk to McDowell Mountain Regional Park

About This Home

As of March 2020

Beautiful upgraded unit on the 3rd floor of the coveted Orpheum Lofts! Hardwood flooring throughout with tile in bathrooms, kitchen island, granite countertops, and beautiful city views! Fantastic spacious layout in this lovely loft that boasts exposed brick and ductwork...Beautiful! Both bedrooms have walk-in closets. A one of a kind historic high rise building located along the light rail and next to City Scape. Walking distance to all the amenities downtown has to offer! Pool, spa, sauna, fitness center, clubroom w/kitchen & pool table, conference room, business center, 2nd floor courtyard, & on site security guard are all amenities this wonderful community has to offer. INTERNET & SEWER/TRASH ARE ALSO INCLUDED IN HOA FEE.

Last Agent to Sell the Property

Julie Hill

HomeSmart License #SA516167000 Listed on: 09/04/2019

HomeSmart

Last Buyer's Agent

Jose Aispuro

HomeSmart License #SA644477000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,242

Year Built

  • Built in 2005

Lot Details

  • 1,307

HOA Fees

  • $659 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Built-Up Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,098 Sq Ft Home
  • Ceiling Fan
  • Mountain Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Location

  • Property is near public transit
  • 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

Additional Features

  • No Interior Steps
  • End Unit

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 309
  • Assessor Parcel Number 112-21-301

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, (see remarks), trash, roof replacement, maintenance exterior
  • City Property Mgmnt 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

$2,242

Year Built

Built in 2005

Lot Details

0

HOA Fees

$659 per month

Listing Details

  • Cross Street: 1st Ave and Adams
  • 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: 659.08
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2019
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: ORPHEUM LOFTS CONDOMINIUM 2ND AMD
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 659.08
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Breakfast Bar, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 1098.0
  • Stories: 11
  • Community Features:ClubhouseRec Room: 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
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:On-Site Guard: 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
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: None, Seller Discl Avail
  • Home Warranty: Yes
  • Common Walls: End Unit
  • Construction Type: Brick Veneer, Stucco, Painted, Block, Brick
  • Roof: Built-Up, Foam, Rolled/Hot Mop
  • Construction:Block: 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 Htd, Community Pool Htd, Near Light Rail Stop, Historic District, Community Media Room, Guarded Entry, Fitness Center
  • Association Fee: 659.08
  • Association Fee Frequency: Monthly
  • Association Name: Orpheum Lofts
  • Phone: 602-254-3750
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Orpheum Lofts
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1318.16
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mgmnt
  • 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:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Other (See Remarks), 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: 1214.0
  • Parcel #: 112-21-301

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2242.0
  • Tax Book Number: 112.00
  • Tax Lot: 309
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Mar 17, 2020
Sold by
Huddleston Natalie Blair
Bought by
Guerrero Erica
Seller's Agent
Julie Hill
HomeSmart
Buyer's Agent
Jose Aispuro
HomeSmart
List Price
$289,000
Sold Price
$280,500
Premium/Discount to List
-$8,500
-2.94%
Current Estimated Value
$402,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,334
Avg. Annual Appreciation
6.69%
Original Mortgage
$266,475
Outstanding Balance
$235,552
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$167,282

Purchase Details

Closed on
Nov 4, 2017
Sold by
Huddleston Beverly and Huddleston Joseph
Bought by
Huddleston Natalie Blair

Purchase Details

Listed on
Apr 17, 2015
Closed on
May 13, 2015
Sold by
Jones Lydia A and Jones Owen D
Bought by
Huddleston Joe M and Huddleston Beverly A
Seller's Agent
Richard Dobbles
HomeSmart Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$195,750
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2011
Sold by
Hatch Brian P and Hatch Erika A
Bought by
Jones Lydia A and Jones Owen D

Purchase Details

Closed on
Jan 11, 2011
Sold by
Sugimoto Jon and Sugimoto Dorothy
Bought by
Hatch Rod

Purchase Details

Closed on
Dec 23, 2005
Sold by
Garris Michelle J
Bought by
Sugimoto Jon and Sugimoto Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,500
Interest Rate
7.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 10, 2004
Sold by
Tasb Llc
Bought by
Garris Michelle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Guerrero Erica $280,500 First Arizona Title Agency
Huddleston Natalie Blair -- None Available
Huddleston Joe M $275,000 First American Title Ins Co
Jones Lydia A $81,500 The Talon Group Tempe Supers
Hatch Brian P -- The Talon Group Tempe Supers
Hatch Rod $81,100 None Available
Sugimoto Jon $435,000 Capital Title Agency Inc
Garris Michelle J $345,153 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrero Erica $266,475
Previous Owner Huddleston Joe M $195,750
Previous Owner Sugimoto Jon $304,500
Previous Owner Garris Michelle J $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2020 03/25/20 Sold $280,500 -0.9% $255 / Sq Ft
03/10/2020 03/10/20 Price Changed $283,000 +1.4% $258 / Sq Ft
01/13/2020 01/13/20 Price Changed $279,000 -3.3% $254 / Sq Ft
01/05/2020 01/05/20 Price Changed $288,500 -0.2% $263 / Sq Ft
10/12/2019 10/12/19 For Sale $289,000 +3.0% $263 / Sq Ft
10/04/2019 10/04/19 Off Market $280,500 -- --
09/04/2019 09/04/19 For Sale $289,000 0.0% $263 / Sq Ft
08/01/2017 08/01/17 Rented $1,550 -6.1% --
06/13/2017 06/13/17 For Rent $1,650 0.0% --
07/08/2015 07/08/15 Sold $275,000 -8.3% $250 / Sq Ft View Prior Sale
05/11/2015 05/11/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $299,900 0.0% $273 / Sq Ft
11/04/2014 11/04/14 Rented $1,500 0.0% --
11/04/2014 11/04/14 Under Contract -- -- --
09/22/2014 09/22/14 For Rent $1,500 0.0% --
06/14/2013 06/14/13 Rented $1,500 0.0% --
05/08/2013 05/08/13 Under Contract -- -- --
04/25/2013 04/25/13 For Rent $1,500 +17.6% --
06/09/2012 06/09/12 Rented $1,275 0.0% --
05/11/2012 05/11/12 Under Contract -- -- --
02/22/2012 02/22/12 For Rent $1,275 -- --
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 $2,239 $15,709 -- --
2024 $2,100 $14,961 -- --
2023 $2,100 $27,000 $5,400 $21,600
2022 $2,013 $24,760 $4,950 $19,810
2021 $1,985 $24,170 $4,830 $19,340
2020 $2,040 $24,350 $4,870 $19,480
2019 $2,242 $24,180 $4,830 $19,350
2018 $2,209 $23,300 $4,660 $18,640
2017 $2,152 $20,630 $4,120 $16,510
2016 $2,087 $16,550 $3,310 $13,240
2015 $1,928 $15,120 $3,020 $12,100
Source: Public Records

Agents Affiliated with this Home

  • Julie Hill

    Seller's Agent in 2020

    Julie Hill

    HomeSmart

    (623) 572-5060

    2 in this area

    32 Total Sales

    Julie Hill
    Section Image
  • Jose Aispuro

    Buyer's Agent in 2020

    Jose Aispuro

    HomeSmart

    (602) 571-4202

    18 Total Sales

    Jose Aispuro
    Section Image

  • S

    Seller's Agent in 2017

    Stacia Palafox

    Real Property Management - Phoenix Metro

  • Richard Dobbles

    Seller's Agent in 2015

    Richard Dobbles

    HomeSmart Realty

    (480) 748-3511

    10 Total Sales

    Richard Dobbles
    Section Image

  • N

    Buyer's Agent in 2015

    Non-MLS Agent

    Non-MLS Office

  • Alicia Osborn

    Seller's Agent in 2014

    Alicia Osborn

    Arizona Property Brokerage

    (602) 317-4400

    4 Total Sales

    Alicia Osborn
    Section Image
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About Orpheum Lofts

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5974016

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-301

Arizona Maricopa County Phoenix 85003 Downtown Phoenix

114 W Adams St Unit 309, 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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