NOT LISTED FOR SALE

Orpheum Lofts 114 W Adams St Unit 409 Phoenix, AZ 85003

Downtown Phoenix Neighborhood

Estimated Value: $391,910 - $417,000

2 Beds
2 Baths
1,098 Sq Ft
1,133 Sq Ft Lot

Last Sold October 19, 2012

Last sale price $165,000 $150 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $2,244/month

Highlights

  • Fitness Center
  • 3-minute walk to Washington/Central Ave
  • City Lights View
  • Magnet Traditional School Rated 9+
  • Gated Community
  • 3-minute walk to McDowell Mountain Regional Park

About This Home

As of October 2012

Oh my! This is a great find! Enjoy urban living at its very best! Great 4th floor 2 bedroom, 2 full bath loft located in one of the trendiest buildings downtown. Just steps from the light rail, great restaurants, shopping, entertainment and more! Hardwood floors in the living areas, carpets in the bedrooms and exposed red brick walls t/o. Enjoy all the Orpheum has to offer, an indoor pool, spa, sauna, conference room, media family room compete with big screen tv, and a gym that rivals anything you would pay for at a regular gym, all tucked inside your building!

Last Agent to Sell the Property

Nicholas Yale

Brokers Hub Realty, LLC License #BR517934000 Listed on: 10/01/2012

Last Buyer's Agent

Katie Crissman

Metro Realty License #BR511921000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $889

Year Built

  • Built in 2005

Lot Details

  • 1,133

Home Design

  • Loft
  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Exterior

Interior Spaces

  • 1,098 Sq Ft Home
  • 1-Story Property
  • City Lights Views
  • Stacked Washer and Dryer

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

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

Schools

  • Kenilworth Elementary School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 409
  • Assessor Parcel Number 112-21-311

Community Details

Overview

  • Property has a Home Owners Association
  • Orpheum Association
  • High-Rise Condominium
  • Built by Weitz
  • Orpheum Lofts Subdivision

Amenities

  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$889

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: 1st Ave & Adams
  • Legal Info Range: 3E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 659.08
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2010
  • Year Built: 2005
  • Tax Year: 2012
  • Directions: 1st Ave & Adams, on NW corner
  • Property Sub Type: Loft Style
  • Subdivision Name: Orpheum Lofts
  • Architectural Style: Contemporary
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 659.08
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry:Stacked WasherDryer: Yes
  • Building Style:High Rise: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Wood
  • Spa Features: Community, None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Elevator, Kitchen Island, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1098.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Other
  • Pool Features: None
  • View: City Lights
  • Disclosures: Agency Discl Req
  • Construction Type: Brick Veneer, Block
  • Roof: Other, See Remarks
  • Construction:Block: Yes
  • Exterior Features:Other5: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Stacked Washer/Dryer, Washer Included
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Pool, Clubhouse, Fitness Center
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: Orpheum
  • Phone: 0
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 500.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Orpheum
  • Association Fees:HOA Telephone4: 0
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • 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

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Other
  • Middle Or Junior School: Kenilworth Elementary School

Lot Info

  • Land Lease: No
  • Parcel #: 112-21-311

Building Info

  • Builder Name: Weitz

Tax Info

  • Tax Annual Amount: 889.0
  • Tax Book Number: 112.00
  • Tax Lot: 409
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2012
Closed on
Oct 1, 2012
Sold by
Ure Andrew D
Bought by
Shea Diana L
Seller's Agent
Nicholas Yale
Brokers Hub Realty, LLC
Buyer's Agent
Katie Crissman
Metro Realty
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$406,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,728
Avg. Annual Appreciation
7.17%

Purchase Details

Closed on
Apr 5, 2010
Sold by
The Bank Of New York Mellon
Bought by
Ure Andrew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2009
Sold by
Oconnor Michael Patrick
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jan 14, 2005
Sold by
Tasb Llc
Bought by
Oconnor Michael Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,476
Interest Rate
7.97%
Mortgage Type
New Conventional
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
Shea Diana L $165,000 First American Title Ins Co
Ure Andrew D $140,000 First American Title Ins Co
The Bank Of New York Mellon $147,299 First American Title
Oconnor Michael Patrick $343,095 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ure Andrew D $100,000
Previous Owner Oconnor Michael Patrick $274,476
Closed Oconnor Michael Patrick $68,619
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2012 10/19/12 Sold $165,000 0.0% $150 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $165,000 -- $150 / 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 $1,377 $8,090 -- --
2024 $1,294 $7,705 -- --
2023 $1,294 $13,500 $2,700 $10,800
2022 $1,249 $12,380 $2,475 $9,905
2021 $1,215 $12,085 $2,415 $9,670
2020 $1,253 $12,175 $2,435 $9,740
2019 $1,243 $12,090 $2,415 $9,675
2018 $1,227 $11,885 $2,375 $9,510
2017 $1,195 $10,500 $2,100 $8,400
2016 $1,159 $8,455 $1,690 $6,765
2015 $1,071 $7,735 $1,545 $6,190
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Yale

    Seller's Agent in 2012

    Nicholas Yale

    Brokers Hub Realty, LLC

    (480) 620-8075

    27 in this area

    204 Total Sales

    Nicholas Yale
    Section Image

  • K

    Buyer's Agent in 2012

    Katie Crissman

    Metro Realty

    Section Image
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About Orpheum Lofts

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4827351

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-311

Arizona Maricopa County Phoenix 85003 Downtown Phoenix

114 W Adams St Unit 409, 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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