NOT LISTED FOR SALE

Orpheum Lofts 114 W Adams St Unit 407 Phoenix, AZ 85003

Downtown Phoenix Neighborhood

Estimated Value: $290,937 - $321,000

1 Bed
1 Bath
755 Sq Ft
$631/mo HOA Fee

Last Sold February 14, 2024

Last sale price $325,000 $430 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,318/month

83 Days on Market

Highlights

  • Heated Indoor Pool
  • 3-minute walk to Washington/Central Ave
  • Wood Flooring
  • Phoenix Coding Academy Rated A
  • Vaulted Ceiling
  • 3-minute walk to McDowell Mountain Regional Park

About This Home

As of February 2024

NYC in Phoenix! Live like you're in Manhattan, just without the rain and snow. 407 at Orpheum Lofts is located in one of the few walkable parts of town, with a Valley Metro Rail station just a block away at Jefferson & 1st Ave. Roosevelt Row, Footprint Center, and more all within walking distance. Exposed brick walls, vaulted concrete ceilings, exposed pipes, and a wall of windows complete the NYC loft aesthetic.

Orpheum Lofts is one of the few pre-war condominiums in AZ. Built in 1931 as the Title and Trust building, it was later converted to condominiums in 2005. Amenities include a part-time doorman, package room, billiards room, conference room, pool, fitness center, private storage, and more.

Homes at Orpheum are eligible for a historic property tax credit, if owner occupie

Last Agent to Sell the Property

Nicholas El-Tawil

The Agency License #BR703763000 Listed on: 11/07/2023

Last Buyer's Agent

Christy Rios

Keller Williams Integrity First License #SA569852000

Keller Williams Integrity First

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $891

Year Built

  • Built in 2005

Lot Details

  • 871

HOA Fees

  • $631 Monthly HOA Fees

Home Design

  • Designed by Josh Comfort Architects
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 755 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Bedrooms and Bathrooms

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

Pool

  • Heated Indoor Pool
  • Heated Spa

Schools

  • Kenilworth Elementary School
  • Central High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Community Details

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

Listing and Financial Details

  • Tax Lot 407
  • Assessor Parcel Number 112-21-309

Property Details

Home Type

Condominium

Est. Annual Taxes

$891

Year Built

Built in 2005

Lot Details

0

HOA Fees

$631 per month

Listing Details

  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • Architect Architect: Josh Comfort
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 631.0
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2023
  • Property Sub Type: Loft Style
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: ORPHEUM LOFTS CONDOMINIUM
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 631.0
  • Cooling:Ceiling Fan(s): 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: Wood
  • Basement YN: No
  • Spa Features: Heated
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 755.0
  • Stories: 11
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Pool Features: Heated, Indoor
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick
  • Roof: Built-Up
  • Pool Features:Indoor: Yes

Utilities

  • Utilities: Other
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 631.0
  • Association Fee Frequency: Monthly
  • Association Name: Orpheum Lofts
  • Phone: 602-437-4777
  • 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
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 1262.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 1262.0
  • Association Fees:Other Fees Description: Reserve contribution fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mgmt
  • 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:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, 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: Kenilworth Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 751.0
  • Parcel #: 112-21-309

Building Info

  • Builder Name: Weitz Co/General Contractor

Tax Info

  • Tax Annual Amount: 891.0
  • Tax Book Number: 112.00
  • Tax Lot: 407
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Feb 14, 2024
Sold by
Broderick Thomas M
Bought by
Manville Neil I and Manville Susan L
Seller's Agent
Nicholas El-Tawil
The Agency
Buyer's Agent
Christy Rios
Keller Williams Integrity First
List Price
$340,000
Sold Price
$325,000
Premium/Discount to List
-$15,000
-4.41%
Views
242
Current Estimated Value
$304,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,016
Avg. Annual Appreciation
-3.82%
Original Mortgage
$222,750
Outstanding Balance
$218,821
Interest Rate
6.62%
Mortgage Type
VA
Estimated Equity
$86,163

Purchase Details

Listed on
Nov 7, 2023
Closed on
Feb 3, 2024
Sold by
Broderick Thomas M
Bought by
Manville Neil I and Manville Susan L
Seller's Agent
Nicholas El-Tawil
The Agency
Buyer's Agent
Christy Rios
Keller Williams Integrity First
List Price
$340,000
Sold Price
$325,000
Premium/Discount to List
-$15,000
-4.41%
Views
242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,750
Outstanding Balance
$218,821
Interest Rate
6.62%
Mortgage Type
VA
Estimated Equity
$86,163

Purchase Details

Closed on
Jul 26, 2010
Sold by
Gibson John S
Bought by
Broderick Thomas M

Purchase Details

Closed on
May 24, 2005
Sold by
Gibson Kelly K
Bought by
Gibson John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2005
Sold by
Tasb Llc
Bought by
Gibson John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Manville Neil I $325,000 Wfg National Title Insurance C
Manville Neil I $325,000 Wfg National Title Insurance C
Broderick Thomas M $85,000 Driggs Title Agency
Gibson John S -- Chicago Title Insurance Co
Gibson John S $299,900 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manville Neil I $222,750
Closed Manville Neil I $222,750
Previous Owner Gibson John S $239,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2024 02/14/24 Sold $325,000 -3.0% $430 / Sq Ft
01/16/2024 01/16/24 Price Changed $335,000 -1.5% $444 / Sq Ft
11/07/2023 11/07/23 For Sale $340,000 -- $450 / 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 $897 $5,503 -- --
2024 $891 $5,241 -- --
2023 $891 $9,240 $1,845 $7,395
2022 $855 $8,350 $1,670 $6,680
2021 $830 $8,085 $1,615 $6,470
2020 $857 $8,055 $1,610 $6,445
2019 $850 $7,935 $1,585 $6,350
2018 $839 $7,655 $1,530 $6,125
2017 $817 $6,850 $1,370 $5,480
2016 $793 $5,565 $1,110 $4,455
2015 $733 $5,265 $1,050 $4,215
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Nicholas El-Tawil

    The Agency

  • Christy Rios

    Buyer's Agent in 2024

    Christy Rios

    Keller Williams Integrity First

    (602) 565-4851

    1 in this area

    156 Total Sales

    Christy Rios
    Section Image

  • C

    Buyer Co-Listing Agent in 2024

    Ciara Rios

    Keller Williams Integrity First

    (480) 854-2400

    1 in this area

    125 Total Sales

    Ciara Rios
    Section Image
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About Orpheum Lofts

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6625297

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-309

Arizona Maricopa County Phoenix 85003 Downtown Phoenix

114 W Adams St Unit 407, Phoenix, AZ

This home is located at 114 W Adams St Unit 407, Phoenix, AZ 85003 since 07 November 2023 and is currently estimated at $304,984, approximately $403 per square foot. This property was built in 2005. 114 W Adams St Unit 407 is a home located in Maricopa County with nearby schools including Dunbar Elementary School, Magnet Traditional School, and Phoenix Coding Academy.

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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