Seller's Agent in 2020
Mario Romero
The Melcher Agency
(602) 920-0306
5 in this area
73 Total Sales
Orpheum Lofts 114 W Adams St Unit 609 Phoenix, AZ 85003
Downtown Phoenix NeighborhoodEstimated Value: $396,882 - $442,000
2
Beds
2
Baths
1,098
Sq Ft
$660/mo
HOA Fee
Highlights
- Fitness Center
- 3-minute walk to Washington/Central Ave
- Unit is on the top floor
- Magnet Traditional School Rated 9+
- Gated with Attendant
- 3-minute walk to McDowell Mountain Regional Park
About This Home
As of July 2020In the heart of downtown Phoenix, the Iconic Orpheum Lofts (originally the Title and Trust Building) is an 11-story high-rise building and designed in Art Deco style by local architects Lescher & Mahoney . Downtown living at its finest, great city views, heated pool & spa, a clubhouse, BBQ common area, workout facility, close to shopping, restaurants, performing theatres, museums, light rail and sports venues. Split 2 bedroom, 2 bath, open floor plan. Awesome Virginia maple floors, Kraftmaid kitchen cabinets, quartz counter tops, stainless steel appliances, travertine floors in the bath and laundry rooms, exposed brick and 10 foot high duct ceilings. No expense was spared in this remodel. This a rare chance to live in an exclusive downtown building. It was the largest office building in Arizona at the time of its construction in 1930. The grand opening took place on January 31, 1931. Easy living at its finest ! Must see to appreciate all the finest details ! The bricks used in the facade were specially made in California and are progressively lighter in color from bottom to top.[3] A neon sign located on the north side that advertised the 'Phoenix Titles & Trust Co' was a prominent feature for many years. The site was originally occupied by the 2-story O'Neill Building which was constructed around 1900 and housed early Phoenix lawyers O'Neill and McKean, and later the Arizona Industrial Congress. The building was razed in 1929 to make way for construction of the Title and Trust Building which was expected to cost $650,000. Transamerica Title Insurance Co. acquired the building in 1959 when it bought controlling interest in the Phoenix Title & Trust Co. The building was sold during March 1969, by Transamerica to T & T Building Associates for $2,000,000 The building was listed on the National Register of Historic Places on September 4, 1985, as part of the Phoenix Commercial MRA (multiple resource area). The opening sequence of the 1960 Alfred Hitchcock film Psycho, was filmed from the roof of this building. A walk score 78
Last Agent to Sell the Property
The Melcher Agency License #BR022807000 Listed on: 05/22/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,175
Year Built
- Built in 2005
Lot Details
- Two or More Common Walls
HOA Fees
- $660 Monthly HOA Fees
Parking
- Community Parking Structure
Home Design
- Brick Exterior Construction
- Built-Up Roof
- Block Exterior
Interior Spaces
- 1,098 Sq Ft Home
- 1-Story Property
- Double Pane Windows
Kitchen
- Breakfast Bar
- Built-In Microwave
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
- The property is located in a historic district
Schools
- Kenilworth Elementary School
- Central High School
Utilities
- Central Air
- Heating Available
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 609
- Assessor Parcel Number 112-21-331
Community Details
Overview
- Association fees include sewer, cable TV, ground maintenance, trash, roof replacement, maintenance exterior
- Orpheum Lofts Association, Phone Number (602) 437-4777
- High-Rise Condominium
- Built by Lescher & Mahoney
- Orpheum Lofts Condominium Subdivision
Recreation
- Heated Community Pool
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2020
Closed on
Jul 7, 2020
Sold by
Porter Augustina
Bought by
Porter Russell Benton
Seller's Agent
Mario Romero
The Melcher Agency
Buyer's Agent
Angela Melancon
My Home Group Real Estate
List Price
$324,888
Sold Price
$321,000
Premium/Discount to List
-$3,888
-1.2%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,221
Avg. Annual Appreciation
5.00%
Original Mortgage
$227,215
Outstanding Balance
$201,479
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$214,742
Purchase Details
Listed on
Apr 12, 2016
Closed on
Sep 19, 2016
Sold by
Paterson Katherine and Paterson Katherin M
Bought by
Veitenhans Peter J and Henderson Susan L
Seller's Agent
Brett Tanner
Keller Williams Realty Phoenix
Buyer's Agent
Bruce Brogard
The Melcher Agency
List Price
$245,000
Sold Price
$245,500
Premium/Discount to List
$500
0.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$196,400
Interest Rate
3.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 5, 2016
Sold by
Kitkat Holdings Lcc
Bought by
Paterson Katherine
Purchase Details
Closed on
May 22, 2010
Sold by
Paterson John R and Paterson Katherine M
Bought by
Kitkat Holdings Llc
Purchase Details
Closed on
Jan 14, 2005
Sold by
Tasb Llc
Bought by
Paterson John and Paterson Katherine M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,920
Interest Rate
5.75%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Porter Russell Benton | -- | Empire West Title Agency Llc | |
| Porter Russel Benton | $321,000 | Empire West Title Agency Llc | |
| Veitenhans Peter J | $245,500 | Empire West Title Agency | |
| Paterson Katherine | -- | None Available | |
| Kitkat Holdings Llc | -- | None Available | |
| Paterson John R | -- | None Available | |
| Paterson John R | -- | None Available | |
| Paterson John | $374,900 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Porter Russell Benton | $227,215 | |
| Previous Owner | Veitenhans Peter J | $196,400 | |
| Previous Owner | Paterson John | $299,920 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/08/2020 07/08/20 | Sold | $321,000 | -1.2% | $292 / Sq Ft | |
| 06/03/2020 06/03/20 | Pending | -- | -- | -- | |
| 05/22/2020 05/22/20 | For Sale | $324,888 | +32.3% | $296 / Sq Ft | |
| 09/30/2016 09/30/16 | Sold | $245,500 | +0.2% | $224 / Sq Ft | View Prior Sale |
| 07/14/2016 07/14/16 | Pending | -- | -- | -- | |
| 06/10/2016 06/10/16 | For Sale | $245,000 | 0.0% | $223 / Sq Ft | |
| 06/10/2016 06/10/16 | Price Changed | $245,000 | +32.4% | $223 / Sq Ft | |
| 04/18/2016 04/18/16 | Pending | -- | -- | -- | |
| 04/11/2016 04/11/16 | For Sale | $185,000 | -- | $168 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,389 | $17,026 | -- | -- |
| 2024 | $2,236 | $16,216 | -- | -- |
| 2023 | $2,236 | $27,000 | $5,400 | $21,600 |
| 2022 | $2,153 | $24,760 | $4,950 | $19,810 |
| 2021 | $2,127 | $24,170 | $4,830 | $19,340 |
| 2020 | $2,183 | $24,350 | $4,870 | $19,480 |
| 2019 | $2,175 | $24,180 | $4,830 | $19,350 |
| 2018 | $2,144 | $24,730 | $4,940 | $19,790 |
| 2017 | $2,065 | $21,750 | $4,350 | $17,400 |
| 2016 | $2,238 | $17,660 | $3,530 | $14,130 |
| 2015 | $2,069 | $16,210 | $3,240 | $12,970 |
Source: Public Records
Agents Affiliated with this Home
-
Mario Romero
-
Bruce Brogard
B
Seller Co-Listing Agent in 2020
Bruce Brogard
The Melcher Agency
(602) 670-3825
3 in this area
50 Total Sales
-
Angela Melancon
Buyer's Agent in 2020
Angela Melancon
My Home Group
(623) 512-5053
85 Total Sales
-
Brett Tanner
Seller's Agent in 2016
Brett Tanner
Keller Williams Realty Phoenix
(623) 688-1710
1 in this area
573 Total Sales
-
Sabrina Song
S
Seller Co-Listing Agent in 2016
Sabrina Song
Keller Williams Realty Phoenix
(480) 768-9333
14 Total Sales
About Orpheum Lofts
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6081544
APN: 112-21-331
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.
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
Nearby Homes
- 114 W Adams St Unit 1007
- 114 W Adams St Unit 505
- 114 W Adams St Unit PH
- 114 W Adams St Unit 910
- 114 W Adams St Unit 907
- 0 N Central Ave Unit 4 6521206
- 0 N Central Ave Unit 3 6521203
- 0 N Central Ave Unit 2 6521197
- 122 E Washington St
- 130 E Washington St
- 512 W Adams St
- 387 N 2nd Ave Unit F2
- 833 N 2nd Ave
- 100 E Fillmore St Unit 217
- 620 N 4th Ave Unit 10
- 424 S 2nd St Unit 306
- 424 S 2nd St Unit 203
- 310 S 4th St Unit 601
- 310 S 4th St Unit 1902
- 310 S 4th St Unit 901
- 114 W Adams St Unit C-101
- 114 W Adams St Unit C-107 C
- 114 W Adams St Unit C107 107C
- 114 W Adams St Unit 103
- 114 W Adams St Unit C-102
- 114 W Adams St Unit C107-10
- 114 W Adams St Unit C107
- 114 W Adams St Unit C109
- 114 W Adams St Unit 2R
- 114 W Adams St Unit 3A
- 114 W Adams St Unit 10HJ
- 114 W Adams St Unit 2T
- 114 W Adams St Unit 4F
- 114 W Adams St Unit 8HJ
- 114 W Adams St Unit 3H
- 114 W Adams St Unit 5B
- 114 W Adams St Unit 609/6H
- 114 W Adams St Unit 9V
- 114 W Adams St Unit 10D
- 114 W Adams St Unit 404-4C