NOT LISTED FOR SALE

Estimated Value: $337,000 - $388,000

2 Beds
1.5 Baths
960 Sq Ft
$764/mo HOA Fee

Last Sold June 21, 2021

Last sale price $278,000 $290 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,822/month

46 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to Washington/Central Ave
  • Wood Flooring
  • Phoenix Coding Academy Rated A
  • The property is located in a historic district
  • 3-minute walk to McDowell Mountain Regional Park

About This Home

As of June 2021

FINEST LOFT STYLE LIVING!!!! 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. Unit features exposed concrete ceiling beams, The living/dining room and bedroom have exposed brick walls. This unit offers 2 bedrooms and 1.50 bathrooms new stove and microwave gorgeous hard wood flooring! Come be a part of this fabulous lifestyle! 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.

Last Agent to Sell the Property

Kelly Harrell

Arizona Elite Properties License #SA639357000 Listed on: 04/14/2021

Arizona Elite Properties

Last Buyer's Agent

Alexandria Pettis

Opendoor Brokerage, LLC License #SA690319000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,720

Year Built

  • Built in 2005

HOA Fees

  • $764 Monthly HOA Fees

Home Design

  • 960 Sq Ft Home
  • Loft
  • Brick Exterior Construction
  • Built-Up Roof
  • Concrete Roof

Kitchen

  • Built-In Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 1.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Location

  • 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

Listing and Financial Details

  • Tax Lot 309
  • Assessor Parcel Number 112-21-339

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, roof replacement
  • Orpheum Lofts Conds Association, Phone Number (602) 437-4777
  • Built by WEITZ
  • Orpheum Lofts Subdivision
  • 11-Story Property

Recreation

  • Heated Community Pool
  • Community Spa

Additional Features

  • Recreation Room
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,720

Year Built

Built in 2005

Lot Details

0

HOA Fees

$764 per month

Listing Details

  • Cross Street: 1ST AVE & Van Buren
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 763.8
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2020
  • Property Sub Type: Loft Style
  • Horses: No
  • Subdivision Name: ORPHEUM LOFTS
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 763.8
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Full Bth Master Bdrm
  • Living Area: 960.0
  • Stories: 11
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Workout Facility: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Historic District: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Brick
  • Roof: Built-Up, Concrete

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool Htd, Community Pool, Near Bus Stop, Historic District, Fitness Center
  • Association Fee: 763.8
  • Association Fee Frequency: Monthly
  • Association Name: Orpheum Lofts Conds
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Orpheum Lofts Conds
  • 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 Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Trash, Roof Replacement

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
  • Parcel #: 112-21-339

Building Info

  • Builder Name: WEITZ

Tax Info

  • Tax Annual Amount: 1720.0
  • Tax Book Number: 112.00
  • Tax Lot: 309
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jun 14, 2021
Sold by
Yonenaka Christopher
Bought by
Le Kristie and Le Simon
Seller's Agent
Kelly Harrell
Arizona Elite Properties
Buyer's Agent
Alexandria Pettis
Opendoor Brokerage, LLC
List Price
$297,500
Sold Price
$278,000
Premium/Discount to List
-$19,500
-6.55%
Current Estimated Value
$357,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,514
Avg. Annual Appreciation
5.98%
Original Mortgage
$236,300
Outstanding Balance
$213,940
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$143,574

Purchase Details

Closed on
Feb 17, 2005
Sold by
Tasb Llc
Bought by
Yonenaka Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,200
Interest Rate
5.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Le Kristie $278,000 Magnus Title Agency Llc
Yonenaka Christopher $268,962 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Kristie $236,300
Previous Owner Yonenaka Christopher $211,200
Closed Yonenaka Christopher $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2021 06/21/21 Sold $278,000 -5.0% $290 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/20/2021 05/20/21 Price Changed $292,500 -1.7% $305 / Sq Ft
05/07/2021 05/07/21 For Sale $297,500 +7.0% $310 / Sq Ft
05/07/2021 05/07/21 Off Market $278,000 -- --
04/30/2021 04/30/21 Price Changed $297,500 -0.3% $310 / Sq Ft
04/20/2021 04/20/21 Price Changed $298,500 -0.5% $311 / Sq Ft
04/09/2021 04/09/21 For Sale $300,000 0.0% $313 / Sq Ft
03/01/2019 03/01/19 Rented $1,700 0.0% --
02/18/2019 02/18/19 Under Contract -- -- --
01/24/2019 01/24/19 For Rent $1,700 +13.3% --
02/23/2018 02/23/18 Rented $1,500 0.0% --
02/02/2018 02/02/18 Price Changed $1,500 -11.8% $1 / Sq Ft
01/19/2018 01/19/18 For Rent $1,700 +41.7% --
12/05/2014 12/05/14 Rented $1,200 -17.2% --
12/05/2014 12/05/14 Under Contract -- -- --
10/15/2014 10/15/14 For Rent $1,450 -- --
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 $2,017 $15,239 -- --
2024 $2,000 $14,514 -- --
2023 $2,000 $23,660 $4,730 $18,930
2022 $1,918 $21,580 $4,310 $17,270
2021 $1,895 $21,000 $4,200 $16,800
2020 $2,151 $21,060 $4,210 $16,850
2019 $2,141 $20,860 $4,170 $16,690
2018 $2,111 $21,610 $4,320 $17,290
2017 $2,057 $19,050 $3,810 $15,240
2016 $1,995 $15,600 $3,120 $12,480
2015 $1,845 $14,510 $2,900 $11,610
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6221436

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-339