Seller's Agent in 2022
Karla Rozum
Grace Realty Group, LLC
(602) 315-8330
1 in this area
15 Total Sales
Orpheum Lofts 114 W Adams St Unit 406 Phoenix, AZ 85003
Downtown Phoenix NeighborhoodEstimated Value: $436,267 - $480,000
2
Beds
2
Baths
1,200
Sq Ft
$925/mo
HOA Fee
Highlights
- Concierge
- 3-minute walk to Washington/Central Ave
- Gated with Attendant
- Magnet Traditional School Rated 9+
- Fitness Center
- 3-minute walk to McDowell Mountain Regional Park
About This Home
As of April 2022Gorgeous & roomy downtown loft style condo! East facing 4th story views in prestigious Orpheum Lofts, a gorgeous 1931 Art Deco building. This stunner offers convenience, comfort & downtown lifestyle. Recent updates: New kitchen including cabinets (w/plywood boxes!), stainless sink & faucet, GE Cafe appliances: French door refrigerator, B/I oven, induction cooktop, convection microwave, dishwasher, quartz counter tops, tile backsplash; tankless water heater; new GE washer/dryer; baths have new counters, sinks, faucets, mirrors & lighting; new European white oak hardwood flooring t/o except baths; new baseboards & paint t/o, new Legrand Adorne light switches/outlets all t/o. Light filled, with a view of the building's open-air courtyard below. Exposed brick walls with modern industrial vibe. Lots of closet, pantry & storage space. Storage space & tankless water heater behind washer/dryer. Lockable storage area as well as bicycle storage in basement. This is one of only 3 two-bedroom units in the building with this floor plan (also 306/506), with baths discreetly located away from living/dining room. This historic building was gutted & renovated approx 2004, with all new framing, heating/cooling, electrical and plumbing. This property offers a bang for the HOA buck, amenities include Pool, Spa, Sauna, Fitness Center, Locker Rooms, Party Room, Business Center and 2nd floor Outdoor Open Air Court Yard, Concierge, garbage, high-speed internet. Parking available nearby.
Orpheum Lofts History:
It was the largest office building in Arizona at the time of its construction in 1930. The grand opening took place on January 31, 1931. Easy living at its finest ! Must see to appreciate all the finest details! The bricks used in the facade were specially made in California and are progressively lighter in color from bottom to top.[3] A neon sign located on the north side that advertised the 'Phoenix Titles & Trust Co' was a prominent feature for many years. The site was originally occupied by the 2-story O'Neill Building which was constructed around 1900 and housed early Phoenix lawyers O'Neill and McKean, and later the Arizona Industrial Congress. The building was razed in 1929 to make way for construction of the Title and Trust Building which was expected to cost $650,000. Transamerica Title Insurance Co. acquired the building in 1959 when it bought controlling interest in the Phoenix Title & Trust Co. The building was sold during March 1969, by Transamerica to T & T Building Associates for $2,000,000 The building was listed on the National Register of Historic Places on September 4, 1985, as part of the Phoenix Commercial MRA (multiple resource area). The opening sequence of the 1960 Alfred Hitchcock film Psycho was filmed from the roof of this building.
Last Agent to Sell the Property
Grace Realty Group, LLC License #BR539029000 Listed on: 03/11/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,319
Year Built
- Built in 2005
Lot Details
- 1,307
HOA Fees
- $925 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,200 Sq Ft Home
- Ceiling height of 9 feet or more
- Double Pane Windows
- Built-In Microwave
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bathroom is a Full Bathroom
- 2 Bathrooms
Location
- 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
Listing and Financial Details
- Tax Lot 406
- Assessor Parcel Number 112-21-308
Community Details
Overview
- Association fees include roof repair, insurance, ground maintenance, trash, roof replacement, maintenance exterior
- Orpheum Lofts Association, Phone Number (602) 437-4777
- High-Rise Condominium
- Built by Weitz Co general contractor
- Orpheum Lofts Condominium 2Nd Amd Subdivision
- 7-Story Property
Amenities
- Concierge
- Theater or Screening Room
- Recreation Room
Recreation
- Heated Community Pool
- Community Spa
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2020
Closed on
Feb 24, 2020
Sold by
Realty Assets Group Llc
Bought by
Orpheum910 Llc
Seller's Agent
Aaron Cunningham
My Home Group Real Estate
Buyer's Agent
Karla Rozum
Grace Realty Group, LLC
List Price
$319,900
Sold Price
$306,000
Premium/Discount to List
-$13,900
-4.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,567
Avg. Annual Appreciation
7.27%
Purchase Details
Listed on
Jul 27, 2018
Closed on
Aug 28, 2018
Sold by
Wheelhouse Properties Inc
Bought by
Realty Assets Group Llc
Seller's Agent
Tom Henschen
Tom Henschen And Assoc., Inc
Buyer's Agent
Alan Kittelman
Venture REI, LLC
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.07%
Original Mortgage
$168,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Listed on
Jul 27, 2018
Closed on
Aug 21, 2018
Sold by
Hardy James P and Hardy Karen J
Bought by
Wheelhouse Properties Inc
Seller's Agent
Tom Henschen
Tom Henschen And Assoc., Inc
Buyer's Agent
Alan Kittelman
Venture REI, LLC
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Listed on
Mar 15, 2013
Closed on
Oct 4, 2013
Sold by
Az Dwelling Llc
Bought by
Berschler Benjamin M
Seller's Agent
Stephen Rouse
DPR Realty LLC
Buyer's Agent
Tom Henschen
Tom Henschen And Assoc., Inc
List Price
$239,500
Sold Price
$223,500
Premium/Discount to List
-$16,000
-6.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.32%
Purchase Details
Listed on
Mar 15, 2013
Closed on
Sep 16, 2013
Sold by
Berschler Benjamin M
Bought by
Hardy James P and Hardy Karen L
Seller's Agent
Stephen Rouse
DPR Realty LLC
Buyer's Agent
Tom Henschen
Tom Henschen And Assoc., Inc
List Price
$239,500
Sold Price
$223,500
Premium/Discount to List
-$16,000
-6.68%
Purchase Details
Closed on
May 6, 2008
Sold by
Berschler Benjamin Mark and Berschler Abbi Jill
Bought by
Az Dwelling Llc
Purchase Details
Closed on
Dec 8, 2004
Sold by
Tasb Llc
Bought by
Berschler Benjamin and Berschler Abbi Jill
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.74%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Orpheum910 Llc | $306,000 | American Title Svc Agcy Llc | |
| Realty Assets Group Llc | $218,000 | Fidelity National Title Agen | |
| Wheelhouse Properties Inc | $220,000 | Fidelity National Title Agen | |
| Berschler Benjamin M | -- | Magnus Title Agency | |
| Hardy James P | $223,500 | Magnus Title Agency | |
| Az Dwelling Llc | -- | None Available | |
| Berschler Benjamin | $335,416 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Realty Assets Group Llc | $168,000 | |
| Previous Owner | Berschler Benjamin | $248,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/27/2022 04/27/22 | Sold | $500,000 | 0.0% | $417 / Sq Ft | |
| 03/13/2022 03/13/22 | Pending | -- | -- | -- | |
| 03/07/2022 03/07/22 | For Sale | $500,000 | +63.4% | $417 / Sq Ft | |
| 03/06/2020 03/06/20 | Sold | $306,000 | -4.3% | $243 / Sq Ft | View Prior Sale |
| 03/02/2020 03/02/20 | For Sale | $319,900 | 0.0% | $254 / Sq Ft | |
| 03/02/2020 03/02/20 | Price Changed | $319,900 | 0.0% | $254 / Sq Ft | |
| 02/11/2020 02/11/20 | Pending | -- | -- | -- | |
| 02/10/2020 02/10/20 | Pending | -- | -- | -- | |
| 01/24/2020 01/24/20 | For Sale | $319,900 | +45.4% | $254 / Sq Ft | |
| 08/27/2018 08/27/18 | Sold | $220,000 | -8.3% | $175 / Sq Ft | View Prior Sale |
| 08/16/2018 08/16/18 | Pending | -- | -- | -- | |
| 07/27/2018 07/27/18 | For Sale | $240,000 | +7.4% | $191 / Sq Ft | |
| 10/08/2013 10/08/13 | Sold | $223,500 | -4.7% | $178 / Sq Ft | View Prior Sale |
| 04/05/2013 04/05/13 | Price Changed | $234,500 | -2.1% | $187 / Sq Ft | |
| 03/15/2013 03/15/13 | For Sale | $239,500 | 0.0% | $191 / Sq Ft | |
| 06/01/2012 06/01/12 | Rented | $1,475 | 0.0% | -- | |
| 05/12/2012 05/12/12 | Under Contract | -- | -- | -- | |
| 02/07/2012 02/07/12 | For Rent | $1,475 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,416 | $8,796 | -- | -- |
| 2024 | $1,405 | $8,377 | -- | -- |
| 2023 | $1,405 | $14,660 | $2,930 | $11,730 |
| 2022 | $1,356 | $13,500 | $2,700 | $10,800 |
| 2021 | $1,319 | $13,200 | $2,640 | $10,560 |
| 2020 | $1,360 | $13,330 | $2,665 | $10,665 |
| 2019 | $1,350 | $13,265 | $2,650 | $10,615 |
| 2018 | $1,333 | $13,100 | $2,620 | $10,480 |
| 2017 | $1,298 | $11,535 | $2,305 | $9,230 |
| 2016 | $1,259 | $9,265 | $1,850 | $7,415 |
| 2015 | $1,163 | $8,415 | $1,680 | $6,735 |
Source: Public Records
Agents Affiliated with this Home
-
Karla Rozum
-
Mike Snitz
Buyer's Agent in 2022
Mike Snitz
Realty One Group
(602) 327-2785
4 in this area
124 Total Sales
-
M
Buyer's Agent in 2022
Michael Snitz
eXp Realty
-
A
Seller's Agent in 2020
Aaron Cunningham
My Home Group
-
Sean O'Carroll
Seller Co-Listing Agent in 2020
Sean O'Carroll
Citiea
(602) 370-0321
1 in this area
242 Total Sales
-
Tom Henschen
Seller's Agent in 2018
Tom Henschen
Tom Henschen And Assoc., Inc
(602) 840-8484
82 Total Sales
About Orpheum Lofts
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6364931
APN: 112-21-308
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.
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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