NOT LISTED FOR SALE

Estimated Value: $298,000 - $343,000

1 Bed
1 Bath
861 Sq Ft
$638/mo HOA Fee

Last Sold March 10, 2022

Last sale price $340,000 $395 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,418/month

3 Days on Market

Highlights

  • Valet Parking
  • 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 March 2022

Check out this great location and must see 6th floor unit at the historic Orpheum Lofts which boasts city and courtyard views. Formerly the Phoenix Title and Trust Building, it was converted into Art Deco styled Lofts in 2005 with brick exterior. This stunning home comes with a RARE 10 YEARS of reserved covered VALET PARKING at the neighboring Hyatt Place Hotel! This 1 bedroom spacious open floor plan unit features exposed brick & duct work, large windows, high ceilings, beautiful hardwood floors and tile, black granite counters, open kitchen with cherry cabinetry, R/0 system, large walk in closet, ceiling fans, and stacked washer/dryer. In addition, there is a large 6' x 8' secured storage locker in the basement, new water heater added in 2018, and new microwave added in 2022. Steps away from restaurants, bars, theaters, galleries, shopping, sporting events, ASU downtown campus, and light rail. Downtown urban living at it's finest. Amenities include: secured entrance with doorman, elevator to floors, state of the art fitness center, indoor heated pool with WAVE machine, indoor heated spa, sauna and steam room, club room, conference/meeting room, outdoor courtyard w/grills and seating. HOA Fees cover direct TV, internet, 24 hours security!

Last Agent to Sell the Property

Rhonda Paine

West USA Realty License #SA663563000 Listed on: 02/04/2022

West USA Realty

Last Buyer's Agent

Amy Brown

Compass License #SA692056000

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $975

Year Built

  • Built in 2005

Lot Details

  • 871

HOA Fees

  • $638 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 861 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

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

Schools

  • Kenilworth Elementary School
  • Central High School

Utilities

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

Additional Features

  • No Interior Steps
  • Outdoor Storage
  • Private Yard

Listing and Financial Details

  • Tax Lot 606
  • Assessor Parcel Number 112-21-328

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, cable TV, ground maintenance, trash, water, roof replacement, maintenance exterior
  • City Property Mngemt Association, Phone Number (602) 437-4777
  • High-Rise Condominium
  • Orpheum Lofts Condominium 2Nd Amd Subdivision
  • 11-Story Property

Amenities

  • Valet Parking
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$975

Year Built

Built in 2005

Lot Details

0

HOA Fees

$638 per month

Parking

1

Listing Details

  • Cross Street: Adams St / 1st Ave
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 638.27
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2008
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2021
  • Directions: 1st Avenue south of Van Buren to Adams. Metered parking on the street.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: ORPHEUM LOFTS CONDOMINIUM 2ND AMD
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 638.27
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Water Purifier
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Pantry
  • Living Area: 861.0
  • Stories: 11
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Reverse Osmosis: 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: Private Yard, Storage
  • Pool Features: None
  • View: City Light View(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Neighbor Below, Neighbor Above
  • Construction Type: Brick
  • Roof: Built-Up
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Valet
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Valet: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Security: Fire Sprinkler System, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Near Light Rail Stop, Near Bus Stop, Community Media Room, Guarded Entry, Fitness Center
  • Association Fee: 638.27
  • Association Fee Frequency: Monthly
  • Association Name: Orpheum Lofts
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • 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 _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mngemt
  • 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
  • Association Fee Incl:Cable or Satellite: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Cable TV, 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: 797.0
  • Parcel #: 112-21-328

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 975.0
  • Tax Book Number: 112.00
  • Tax Lot: 606
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 7, 2022
Sold by
German David C
Bought by
Griffin Darnee
Seller's Agent
Rhonda Paine
West USA Realty
Buyer's Agent
Amy Brown
Compass
List Price
$342,900
Sold Price
$340,000
Premium/Discount to List
-$2,900
-0.85%
Current Estimated Value
$320,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,924
Avg. Annual Appreciation
-1.65%
Original Mortgage
$272,000
Outstanding Balance
$254,136
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$65,940

Purchase Details

Closed on
May 3, 2007
Sold by
Hill Carla J
Bought by
German David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2007
Sold by
German Julie L
Bought by
German David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2005
Sold by
Fakadej Richard B
Bought by
Hill Carla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2005
Sold by
Fakadej Kimberly H
Bought by
Fakadej Richard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,768
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage
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
Griffin Darnee $340,000 Chicago Title
German David C $310,500 Capital Title Agency Inc
German David C -- Capital Title Agency Inc
Hill Carla J $324,500 --
Fakadej Richard B -- Chicago Title Insurance Co
Fakadej Richard B $252,211 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Darnee $272,000
Previous Owner German David C $31,000
Previous Owner German David C $248,400
Previous Owner Hill Carla J $144,500
Previous Owner Fakadej Richard B $201,768
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2022 03/10/22 Sold $340,000 -0.8% $395 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $342,900 0.0% $398 / Sq Ft
01/15/2019 01/15/19 Rented $1,550 0.0% --
12/17/2018 12/17/18 Under Contract -- -- --
11/01/2018 11/01/18 For Rent $1,550 -- --
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 $1,061 $6,585 -- --
2024 $1,053 $6,271 -- --
2023 $1,053 $10,440 $2,085 $8,355
2022 $1,001 $9,485 $1,895 $7,590
2021 $975 $9,210 $1,840 $7,370
2020 $1,003 $9,210 $1,840 $7,370
2019 $997 $9,105 $1,820 $7,285
2018 $984 $9,190 $1,835 $7,355
2017 $958 $8,155 $1,630 $6,525
2016 $930 $6,660 $1,330 $5,330
2015 $860 $6,250 $1,250 $5,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6351389

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-328