NOT LISTED FOR SALE

Estimated Value: $421,893 - $470,000

2 Beds
2 Baths
1,174 Sq Ft
$822/mo HOA Fee

Last Sold March 15, 2022

Last sale price $465,000 $396 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,245/month

89 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to Washington/Central Ave
  • Property is near public transit
  • Magnet Traditional School Rated 9+
  • Unit is on the top floor
  • 3-minute walk to McDowell Mountain Regional Park

About This Home

As of March 2022

1 Year Reserved Parking included! This 2 bedroom, 2 bath residence at Orpheum Lofts is in a premium location on the SE corner of the 4th floor. This corner residence boasts beautiful city light views with minimum sun exposure. This spacious floor plan consists of 10' 8'' ceilings, bamboo wood floors, warm red brick exterior walls and exposed duct-work in an open floor plan. The building is constructed with concrete and brick. In addition to the abundance of storage within the residence, there is a 6' x 8' secured storage locker in basement. Amenities: Secured Entrance, Elevators, Fitness Center, Pool w/wave machine, Sauna, Club Room, Conference room, Outdoor Courtyard with grills and seating. Energy efficient cooling with electric average $137/mo. HOA inc water, Internet. Extremely healthy HOA! Built in 1931, formerly the Phoenix Title & Trust building, the building was recreated in Art Deco-styled residences. The location downtown is very walkable to dining, entertainment, theaters, movies. And, of course Roosevelt Row!

Fun Fact: The community was featured in Alfred Hitchcock's film Psycho in 1960.

Last Agent to Sell the Property

Roberta Candelaria

Phoenix Urban Spaces License #BR561500000 Listed on: 11/12/2021

Last Buyer's Agent

Chad Christian Jr

Russ Lyon Sotheby's International Realty License #SA536279000

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,285

Year Built

  • Built in 2005

Lot Details

  • 1,307

HOA Fees

  • $822 Monthly HOA Fees

Home Design

  • 1,174 Sq Ft Home
  • Brick Exterior Construction

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Kenilworth Elementary School
  • Centennial High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Outdoor Storage
  • End Unit

Listing and Financial Details

  • Tax Lot 408
  • Assessor Parcel Number 112-21-310

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, cable TV, ground maintenance, (see remarks), trash, water, roof replacement, maintenance exterior
  • Orpheum Lofts Association, Phone Number (602) 437-4777
  • High-Rise Condominium
  • Orpheum Lofts Condominium Subdivision
  • 11-Story Property

Recreation

  • Heated Community Pool
  • Community Spa

Additional Features

  • Recreation Room
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,285

Year Built

Built in 2005

Lot Details

0

HOA Fees

$822 per month

Listing Details

  • Cross Street: 1ST AVE AND ADAMS
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 821.64
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2021
  • Directions: Metered parking along Adams
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: ORPHEUM LOFTS CONDOMINIUM
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 821.64
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: 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
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Breakfast Bar, No Interior Steps, Pantry, Full Bth Master Bdrm
  • Living Area: 1174.0
  • Stories: 11
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Storage
  • Pool Features: None
  • View: City Light View(s)
  • Disclosures: Agency Discl Req, None, Seller Discl Avail
  • Common Walls: Neighbor Below, Neighbor Above, End Unit
  • Construction Type: Brick Veneer, Brick
  • Roof: Other
  • Exterior Features:Storage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool Htd, Community Pool, Near Light Rail Stop, Near Bus Stop, Fitness Center
  • Association Fee: 821.64
  • Association Fee Frequency: Monthly
  • Association Name: ORPHEUM LOFTS
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: ORPHEUM LOFTS
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1643.28
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • 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:Pest Control: Yes
  • Association Fee Incl:Cable or Satellite: Yes
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Cable TV, Maintenance Grounds, Other (See Remarks), Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Centennial 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: 1268.0
  • Parcel #: 112-21-310

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1285.0
  • Tax Book Number: 112.00
  • Tax Lot: 408
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Mar 10, 2022
Sold by
Good Benjamin R
Bought by
Underwood John M
Seller's Agent
Roberta Candelaria
Phoenix Urban Spaces
Buyer's Agent
Chad Christian Jr
Russ Lyon Sotheby's International Realty
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%
Current Estimated Value
$436,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,277
Avg. Annual Appreciation
-1.74%

Purchase Details

Listed on
Jul 2, 2016
Closed on
Aug 29, 2016
Sold by
Fredstrom Zachary W and Fredstrom Kristin M
Bought by
Good Benjamin R
Seller's Agent
Tracy Williamson
Contigo Realty
Buyer's Agent
Robin Fink
Fathom Realty Elite
List Price
$309,900
Sold Price
$285,000
Premium/Discount to List
-$24,900
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%

Purchase Details

Closed on
Apr 23, 2009
Sold by
Fredstrom Mark W and Fredstrom Audrey K
Bought by
Fredstrom Zachary W and Hazen Kristin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2007
Sold by
Bradberry Luz Marina
Bought by
Countrywie Home Loans Inc

Purchase Details

Closed on
May 16, 2005
Sold by
Tasb Llc
Bought by
Bradberry Luz Marina
Source: Public Records

Range of Values:

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Average Value
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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
Underwood John M $465,000 Arizona Premier Title
Good Benjamin R $285,000 First American Title Ins Co
Fredstrom Zachary W $240,000 Security Title Agency
Countrywie Home Loans Inc $362,133 None Available
Bradberry Luz Marina $424,828 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fredstrom Zachary W $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2022 03/15/22 Sold $465,000 -2.1% $396 / Sq Ft
11/12/2021 11/12/21 For Sale $475,000 +66.7% $405 / Sq Ft
09/12/2016 09/12/16 Sold $285,000 -4.7% $243 / Sq Ft View Prior Sale
08/17/2016 08/17/16 Price Changed $299,000 -3.5% $255 / Sq Ft
07/02/2016 07/02/16 For Sale $309,900 -- $264 / 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 $1,373 $8,513 -- --
2024 $1,363 $8,108 -- --
2023 $1,363 $14,225 $2,845 $11,380
2022 $1,322 $13,080 $2,615 $10,465
2021 $1,285 $12,785 $2,555 $10,230
2020 $1,326 $12,905 $2,580 $10,325
2019 $1,316 $12,840 $2,565 $10,275
2018 $1,299 $12,660 $2,530 $10,130
2017 $1,265 $11,160 $2,230 $8,930
2016 $1,227 $8,975 $1,795 $7,180
2015 $1,133 $8,160 $1,630 $6,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6320745

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-310