NOT LISTED FOR SALE

Orpheum Lofts 114 W Adams St Unit 503 Phoenix, AZ 85003

Downtown Phoenix Neighborhood

Estimated Value: $298,000 - $328,000

1 Bed
1 Bath
858 Sq Ft
$681/mo HOA Fee

Last Sold June 30, 2023

Last sale price $360,000 $420 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,554/month

12 Days on Market

Highlights

  • Granite Countertops
  • 3-minute walk to Washington/Central Ave
  • No Interior Steps
  • Phoenix Coding Academy Rated A
  • Heated Community Pool
  • 3-minute walk to McDowell Mountain Regional Park

About This Home

As of June 2023

This one bedroom, one bath suite at Orpheum Lofts is in a premium location on the 5th floor. Boasting beautiful city lights. This spacious floor plan consists of 10' 8'' ceilings, wood floors, warm red brick exterior walls and exposed ductwork in an open floor plan. The building is constructed with concrete and brick. In addition to the storage within the residence, large 6' x 8' secured storage locker in basement. Amenities: Guard Entrance, Elevators, Fitness, Heated indoor Pool, Sauna, Steam, Club Room, Conference room, Courtyard w/grills. On a rail stop, the location downtown is very walkable to dining, entertainment, theaters, movies, and Roosevelt Row. Own a piece of Phoenix history when you call Orpheum Lofts your home. Utilities are added to monthly HOA fees.

Last Agent to Sell the Property

Lisa Eagan

Leagan Realty, LLC License #BR537622000 Listed on: 05/11/2023

Last Buyer's Agent

Terry Cottle

Real Broker License #SA662741000

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,815

Year Built

  • Built in 2005

Lot Details

  • 871

HOA Fees

  • $681 Monthly HOA Fees

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 858 Sq Ft Home
  • Ceiling height of 9 feet or more

Kitchen

  • Kitchen Updated in 2022
  • Granite Countertops

Flooring

  • Floors Updated in 2022
  • Laminate Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom Updated in 2022
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Accessible Home Design

  • No Interior Steps

Schools

  • Kenilworth Elementary School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 503 / 100
  • Assessor Parcel Number 112-21-315

Community Details

Overview

  • 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
  • Orpheum Lofts Subdivision
  • 11-Story Property

Recreation

  • Heated Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,815

Year Built

Built in 2005

Lot Details

0

HOA Fees

$681 per month

Listing Details

  • Cross Street: CENTRAL/ADAMS
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 681.3
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2022
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2022
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2022
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2022
  • Directions: Orpheum Lofts is on NW corner of 1st Ave & Adams, Main Entrance on south side of building.
  • Property Sub Type: Loft Style
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: ORPHEUM LOFTS
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 681.3
  • Technology:Cable TV Avail: 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: Laminate
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, 9+ Flat Ceilings, No Interior Steps, Full Bth Master Bdrm
  • Living Area: 858.0
  • Stories: 11
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

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

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, See Remarks
  • Heating: See Remarks, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Spa Htd, Community Pool Htd, Community Pool
  • Association Fee: 681.3
  • 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: 1362.6
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 1362.6
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mgmt
  • Association Fees:HOA Management Phone: 602-437-4777
  • 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
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Kenilworth Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 871.0
  • Parcel #: 112-21-315

Building Info

  • Builder Name: NA

Tax Info

  • Tax Annual Amount: 1815.0
  • Tax Block: 100
  • Tax Book Number: 112.00
  • Tax Lot: 503
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 29, 2023
Sold by
Thorpe David H
Bought by
Adair Kristian Anne-Marie
Seller's Agent
Lisa Eagan
Leagan Realty, LLC
Buyer's Agent
Terry Cottle
Real Broker
List Price
$360,000
Sold Price
$360,000
Views
3
Current Estimated Value
$317,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,193
Avg. Annual Appreciation
-5.28%
Original Mortgage
$342,000
Outstanding Balance
$334,649
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
-$14,272

Purchase Details

Closed on
Feb 11, 2008
Sold by
Jp Morgan Chase Bank Na
Bought by
The Bank Of New York and Jp Morgan Chase Bank Na

Purchase Details

Closed on
Feb 4, 2008
Sold by
The Bank Of New York
Bought by
Thorpe David H

Purchase Details

Closed on
Jan 25, 2008
Sold by
Thorpe Leann O
Bought by
Thorpe David H

Purchase Details

Closed on
Jun 1, 2007
Sold by
Cohen Keren
Bought by
Jp Morgan Chase Bank Na and Bs Alt A 2005-7

Purchase Details

Closed on
Jul 25, 2006
Sold by
Mayost Eyal
Bought by
Mayost Keren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,420
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2005
Sold by
Mayost Eyal
Bought by
Cohen Keren

Purchase Details

Closed on
Mar 8, 2005
Sold by
Tasb Llc
Bought by
Cohen Keren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,600
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac
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
Adair Kristian Anne-Marie $360,000 Fidelity National Title Agency
The Bank Of New York -- First American Title Ins Co
Thorpe David H $224,000 First American Title Ins Co
Thorpe David H -- First American Title Ins Co
Jp Morgan Chase Bank Na $249,965 Great American Title Agency
Mayost Keren -- Magnus Title Agency
Cohen Keren -- Chicago Title Insurance Co
Cohen Keren $290,787 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adair Kristian Anne-Marie $342,000
Previous Owner Mayost Keren $118,420
Previous Owner Cohen Keren $232,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $360,000 0.0% $420 / Sq Ft
05/11/2023 05/11/23 For Sale $360,000 -- $420 / 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 $1,707 $12,793 -- --
2024 $1,886 $12,184 -- --
2023 $1,886 $20,820 $4,160 $16,660
2022 $1,815 $18,910 $3,780 $15,130
2021 $1,781 $18,360 $3,670 $14,690
2020 $1,821 $18,360 $3,670 $14,690
2019 $1,812 $18,150 $3,630 $14,520
2018 $1,969 $17,960 $3,590 $14,370
2017 $1,558 $15,960 $3,190 $12,770
2016 $1,511 $13,000 $2,600 $10,400
2015 $1,378 $12,170 $2,430 $9,740
Source: Public Records

Agents Affiliated with this Home

  • Lisa Eagan

    Seller's Agent in 2023

    Lisa Eagan

    Leagan Realty, LLC

    (480) 766-2115

    1 in this area

    13 Total Sales

    Lisa Eagan
    Section Image
  • Terry Cottle

    Buyer's Agent in 2023

    Terry Cottle

    Real Broker

    (480) 868-0572

    1 in this area

    86 Total Sales

    Terry Cottle
    Section Image
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About Orpheum Lofts

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6552808

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-315

Arizona Maricopa County Phoenix 85003 Downtown Phoenix

114 W Adams St Unit 503, Phoenix, AZ

This home is located at 114 W Adams St Unit 503, Phoenix, AZ 85003 since 11 May 2023 and is currently estimated at $317,807, approximately $370 per square foot. This property was built in 2005. 114 W Adams St Unit 503 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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