NOT LISTED FOR SALE

Estimated Value: $484,000 - $587,201

2 Beds
2 Baths
1,718 Sq Ft
1,742 Sq Ft Lot Lot

Sale Details

Date Sold: July 24, 2023

Last sale price $555,000 $323 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,376 / mo

19 Days on Market

Highlights

  • Concierge
  • 3-minute walk to Washington/Central Ave
  • Gated with Attendant
  • Phoenix Coding Academy Rated A
  • Fitness Center
  • 3-minute walk to McDowell Mountain Regional Park

About This Home

As of July 2023

Welcome to the Iconic Orpheum Lofts in the heart of downtown Phoenix. This 11-story Art Deco high rise building exudes AZ history and grandeur along with a current urban lifestyle and chic vibe. The 1718 sf open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating an ideal setting for both entertaining guests and everyday living. The living area exudes an inviting ambiance, featuring exposed brick walls, hardwood floors, large south facing picture windows, custom light fixtures & exposed 10 ft duct ceilings that add a touch of modern industrial sophistication. The split 2/bed, 2/bath floor plan is ideal for daily living comforts. Another bonus, this condo offers tons of spacious storage with entry closet, walk-in pantry and large utility room. Orpheum Loft enjoy a host of amenities to include lobby guard, heated indoor pool & spa, steam & sauna, fitness center, communal lounge, business center and 2nd floor outdoor open-air courtyard. Lockable area and bicycle storage in basement. Parking available nearby. This prime downtown Phoenix location provides easy access to a wealth of cultural, dining, and entertainment options. Explore the vibrant arts scene at the nearby Orpheum Theatre or catch a game at the Talking Stick Resort Arena. The opportunities are to enjoy the best of urban living.

Last Agent to Sell the Property

Ashlee Donaldson

Keller Williams Arizona Realty License #SA627275000 Listed on: 06/03/2023

Keller Williams Arizona Realty

Co-Listed By

Emily Lewandowski

Keller Williams Arizona Realty License #SA699893000

Last Buyer's Agent

Sonya White

My Home Group Real Estate License #SA697290000

My Home Group Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,864

Year Built

  • Built in 1930

Lot Details

  • 1,742

HOA Fees

  • $1,355 Monthly HOA Fees

Home Design

  • Brick Veneer
  • Stone Exterior Construction
  • Stone

Interior Spaces

  • 1,718 Sq Ft Home
  • Great Room
  • Combination Dining and Living Room
  • City Lights Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Separate Shower in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property is near public transit and bus stop
  • The property is located in a historic district

Schools

  • Kenilworth Elementary School
  • Central High School

Utilities

  • Central Air
  • Heating Available
  • Programmable Thermostat
  • Electric Water Heater

Additional Features

  • North or South Exposure
  • Historic Home

Listing and Financial Details

  • Tax Lot 310
  • Assessor Parcel Number 112-21-302

Community Details

Overview

  • Association fees include maintenance exterior, roof repair, roof replacement, insurance, ground maintenance
  • City Property Mgmt Association, Phone Number (602) 437-4777
  • High-Rise Community
  • Built by Weitz Co/General Contractor
  • Orpheum Lofts Subdivision
  • 11-Story Property

Amenities

  • Concierge
  • Community Media Room

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,864

Year Built

Built in 1930

Lot Details

1,742 Sq Ft Lot

HOA Fees

$1,355 per month

Listing Details

  • Cross Street: 1st Ave and Adams St
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1354.74
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2010
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2017
  • Separate Den Office Sep Den Office: N
  • Year Built: 1930
  • Tax Year: 2022
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.04
  • Co List Office Mls Id: kwaz10
  • Co List Office Phone: 480-767-3000
  • Subdivision Name: ORPHEUM LOFTS
  • Architectural Style: Other
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 323.05
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave, Washer, Dryer
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Separate Shwr & Tub, Breakfast Bar, Kitchen Island, Walk-in Pantry, Granite Counters, Elevator
  • Living Area: 1718.0
  • Stories: 11

Exterior Features

  • Fencing: None
  • Lot Features: North/South Exposure, Nat Reg Historic Hms, None
  • Pool Private: No
  • View: City Lights
  • Disclosures: Agency Discl Req
  • Construction Type: Steel Frame, Brick, Painted, Brick Veneer, Stone
  • Roof: Other

Garage/Parking

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

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Inside
  • Security: Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Historic District, Guarded Entry, Community Spa Htd, Concierge, Near Light Rail Stop, Near Bus Stop, Clubhouse, Community Media Room, Fitness Center
  • Association Fee: 1354.74
  • Association Fee Frequency: Monthly
  • Association Name: Orpheum Lofts
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2709.48
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 2709.48
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:HOA Management Company: City Property Mgmt
  • Association Fees:HOA Management Phone: 602-437-4777
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Exterior, Roof Repair, Roof Replacement, Insurance, Maintenance Grounds

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: 1794.0
  • Parcel #: 112-21-302

Building Info

  • Builder Name: Weitz Co/General Contractor

Tax Info

  • Tax Annual Amount: 1864.0
  • Tax Book Number: 112.0
  • Tax Lot: 310
  • Tax Map Number: 21.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2023
Closed on
Jul 24, 2023
Sold by
Lund Maria D
Bought by
Noth Ariella
Seller's Agent
Ashlee Donaldson
Keller Williams Arizona Realty
Buyer's Agent
Sonya White
My Home Group Real Estate
List Price
$575,000
Sold Price
$555,000
Premium/Discount to List
-$20,000
-3.48%
Views
158
Current Estimated Value
$537,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,450
Avg. Annual Appreciation
-1.15%
Original Mortgage
$499,500
Outstanding Balance
$485,895
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$51,655

Purchase Details

Listed on
Jul 17, 2020
Closed on
Jan 12, 2021
Sold by
Wagner Michelle Lee
Bought by
Desylva Tony Arthur
Seller's Agent
Mario Romero
The Melcher Agency
Buyer's Agent
Megan Phillips
Capstone Realty Professionals
List Price
$419,800
Sold Price
$400,000
Premium/Discount to List
-$19,800
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.88%
Original Mortgage
$320,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2008
Sold by
Federal National Mortgage Association
Bought by
Wagner Michelle Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2007
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 29, 2007
Sold by
Smith Nathan H
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Nov 16, 2005
Sold by
Peronneau Dion Michelle
Bought by
Smith Nathan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2005
Sold by
Tasb Llc
Bought by
Peronneau Dion Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,459
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Noth Ariella $555,000 Wfg National Title Insurance C
Desylva Tony Arthur $400,000 Fidelity Natl Ttl Agcy Inc
Wagner Michelle Lee $315,000 Lawyers Title Insurance Corp
Federal National Mortgage Association -- First American Title Ins Co
Chase Home Finance Llc $418,988 Accommodation
Smith Nathan H $552,500 Capital Title Agency Inc
Peronneau Dion Michelle $468,288 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noth Ariella $499,500
Previous Owner Desylva Tony Arthur $320,000
Previous Owner Wagner Michelle Lee $283,500
Previous Owner Smith Nathan H $400,000
Previous Owner Peronneau Dion Michelle $421,459
Closed Smith Nathan H $97,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2023 07/24/23 Sold $555,000 -3.5% $323 / Sq Ft
06/27/2023 06/27/23 For Sale $575,000 0.0% $335 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $575,000 +43.8% $335 / Sq Ft
01/15/2021 01/15/21 Sold $400,000 -4.7% $233 / Sq Ft View Prior Sale
11/21/2020 11/21/20 For Sale $419,800 0.0% $244 / Sq Ft
11/08/2020 11/08/20 Pending -- -- --
11/07/2020 11/07/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $419,800 -1.2% $244 / Sq Ft
07/15/2020 07/15/20 For Sale $424,800 -- $247 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,055 $12,088 -- --
2024 $1,944 $11,512 -- --
2023 $1,944 $20,690 $4,135 $16,555
2022 $1,864 $19,325 $3,865 $15,460
2021 $1,813 $19,040 $3,805 $15,235
2020 $1,871 $19,435 $3,885 $15,550
2019 $1,856 $19,500 $3,900 $15,600
2018 $1,833 $19,210 $3,840 $15,370
2017 $1,784 $16,755 $3,350 $13,405
2016 $1,730 $13,285 $2,655 $10,630
2015 $1,597 $11,675 $2,335 $9,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6564542

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-302

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