NOT LISTED FOR SALE

Estimated Value: $295,000 - $343,000

1 Bed
1 Bath
861 Sq Ft
$597/mo HOA Fee

Last Sold October 19, 2021

Last sale price $316,900 $368 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,375/month

2 Days on Market

Highlights

  • Gated with Attendant
  • 3-minute walk to Washington/Central Ave
  • Property is near public transit
  • Magnet Traditional School Rated 9+
  • The property is located in a historic district
  • 3-minute walk to McDowell Mountain Regional Park

About This Home

As of October 2021

This one bedroom, one bath suite at Orpheum Lofts is in a premium location on the 7th floor. Boasting beautiful city light views with minimum sun exposure. This spacious floor plan consists of 10' 8'' ceilings, 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, large 6' x 8' secured storage locker in basement. Built in 1931, formerly the Phoenix Title & Trust building, the building was recreated in Art Deco-styled residences. Amenities include: Secured Entrance, Elevators to all floors, Fitness Center, Pool w/wave machine, Sauna, Club Room, Conference/meeting room, Outdoor Courtyard with grills and seating. Energy efficient cooling and heat provided by Northwind. Utilities average $87/mo!

The location downtown is very walkable to dining, entertainment, theaters, movies. And, of course Roosevelt Row! Extremely healthy HOA includes water and Internet!

Last Agent to Sell the Property

Roberta Candelaria

Phoenix Urban Spaces License #BR561500000 Listed on: 09/17/2021

Last Buyer's Agent

Daniel Brown

My Home Group Real Estate License #SA586198000

My Home Group Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $992

Year Built

  • Built in 2005

Lot Details

  • Block Wall Fence

HOA Fees

  • $597 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Built-Up Roof
  • Stone Exterior Construction

Interior Spaces

  • 861 Sq Ft Home
  • Ceiling Fan
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Location

  • Property is near public transit
  • Property is near a bus stop
  • 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 706
  • Assessor Parcel Number 112-21-338

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, cable TV, trash, water, roof replacement, maintenance exterior
  • City Property Mgmt Association, Phone Number (602) 437-4777
  • Built by Orpheum
  • Orpheum Lofts Condominium Subdivision
  • 11-Story Property

Recreation

  • Heated Community Pool
  • Community Spa

Additional Features

  • Recreation Room
  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$992

Year Built

Built in 2005

Lot Details

0

HOA Fees

$597 per month

Listing Details

  • Cross Street: Central and Adams.
  • 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: 596.57
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2021
  • Directions: South to Adams and right to parking on the street, or in Wells Fargo Parking garage south of Adams on 1st Ave. Entrance to building on North side of Adams.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: ORPHEUM LOFTS CONDOMINIUM
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 596.57
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Cooling:Central Air: 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
  • Accessibility Features: Zero-Grade Entry
  • Possible Bedrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, No Interior Steps, Full Bth Master Bdrm
  • Living Area: 861.0
  • Stories: 11
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Pool Features: None
  • View: City Light View(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stone, Brick
  • Roof: Built-Up

Garage/Parking

  • Parking Features: Separate Strge Area
  • Attached Garage: No
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • 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, Historic District, Guarded Entry
  • Association Fee: 596.57
  • 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: 1193.14
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • 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
  • Association Fee Incl:Cable or Satellite: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Cable TV, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 797.0
  • Parcel #: 112-21-338

Building Info

  • Builder Name: Orpheum

Tax Info

  • Tax Annual Amount: 992.0
  • Tax Book Number: 112.00
  • Tax Lot: 706
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Oct 15, 2021
Sold by
Gaffney Leggett Laurence C and Gafney Laurence C
Bought by
Simmons Earl and Johnson Amy
Seller's Agent
Roberta Candelaria
Phoenix Urban Spaces
Buyer's Agent
Daniel Brown
My Home Group Real Estate
List Price
$319,900
Sold Price
$316,900
Premium/Discount to List
-$3,000
-0.94%
Current Estimated Value
$319,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,642
Avg. Annual Appreciation
0.21%
Original Mortgage
$274,500
Outstanding Balance
$250,318
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$69,224

Purchase Details

Closed on
Mar 9, 2011
Sold by
Gaffney Leggett Laurence C
Bought by
Gaffney Leggett Laurence C and The Laurence C Gaffney Leggett Revocable

Purchase Details

Closed on
Jan 28, 2005
Sold by
Tasb Llc
Bought by
Gaffney Leggett Laurence C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,787
Interest Rate
5.5%
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
Simmons Earl $316,900 Fidelity Natl Ttl Agcy Inc
Gaffney Leggett Laurence C -- None Available
Gaffney Leggett Laurence C $267,234 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Earl $274,500
Previous Owner Gaffney Leggett Laurence C $213,787
Closed Gaffney Leggett Laurence C $40,085
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2023 10/21/23 Off Market $316,900 -- --
10/19/2021 10/19/21 Sold $316,900 -0.9% $368 / Sq Ft
09/17/2021 09/17/21 For Sale $319,900 -- $372 / 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 $1,070 $6,726 -- --
2024 $1,061 $6,406 -- --
2023 $1,061 $10,440 $2,085 $8,355
2022 $1,019 $9,485 $1,895 $7,590
2021 $992 $9,210 $1,840 $7,370
2020 $1,022 $9,210 $1,840 $7,370
2019 $1,015 $9,105 $1,820 $7,285
2018 $1,001 $9,380 $1,875 $7,505
2017 $976 $8,300 $1,660 $6,640
2016 $947 $6,810 $1,360 $5,450
2015 $875 $6,390 $1,275 $5,115
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6295030

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-338