NOT LISTED FOR SALE

Orpheum Lofts 114 W Adams St Unit 708 Phoenix, AZ 85003

Downtown Phoenix Neighborhood

Estimated Value: $387,000 - $478,000

2 Beds
1.5 Baths
1,174 Sq Ft
$925/ mo HOA Fee

Last Sold April 11, 2023

Last sale price $485,000 $413 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,340/month

95 Days on Market

Highlights

  • Concierge
  • 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 April 2023

Gorgeous views await you on the 7th floor of this 1931 Art Deco Building. Fully furnished 2 bedrooms/1.5 bathrooms featuring Copenhagen Furniture was designed keeping with the art deco style. Exposed brick walls with a modern industrial vibe greet you as you enter the southeast corner unit. Stained, polished concrete floors T/O, large windows lighting every room,, tiled deco bathrooms and exposed ceilings complement the open & split floor plan. Central kitchen features stainless steel appliances, tiled backsplash, double sink & breakfast bar. Amenities include pool, spa, sauna, fitness center, party room, business center and 2nd floor outdoor open-air courtyard. Lockable area and bicycle storage in basement. Parking available nearby. This stunner offers convenience, & downtown lifestyle!

Last Agent to Sell the Property

DeeAnn Davis-Nowell

Compass License #SA660594000 Listed on: 12/14/2022

Compass

Last Buyer's Agent

Lyndsay Clark

The Brokery License #SA690416000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,415

Year Built

  • Built in 2005

Lot Details

  • End Unit

HOA Fees

  • $925 Monthly HOA Fees

Parking

  • Common or Shared Parking

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 1,174 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Concrete Flooring
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 1.5 Bathrooms

Location

  • Unit is on the top floor
  • Property is near public transit and 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 708
  • Assessor Parcel Number 112-21-340-0

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, roof replacement, maintenance exterior
  • City Property Mgmt Association, Phone Number (602) 437-4777
  • High-Rise Condominium
  • Built by Weitz Co/General Contractor
  • Orpheum Lofts Condominium 2Nd Amd Subdivision
  • 11-Story Property

Amenities

  • Concierge
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,415

Year Built

Built in 2005

Lot Details

1,307 Sq Ft Lot

HOA Fees

$925 per month

Listing Details

  • Cross Street: 1st Avenue and Adams Street
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 925.46
  • Basement: Y
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2022
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: ORPHEUM LOFTS CONDOMINIUM 2ND AMD
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • Tax Parcel Letter: 0
  • General Property Description:PriceSqFt: 413.11
  • Association Fees:HOA Fee2: 925.46
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished
  • Flooring: Concrete
  • Basement YN: Yes
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Breakfast Bar, Elevator, Furnished(See Rmrks), Full Bth Master Bdrm
  • Living Area: 1174.0
  • Stories: 11
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: 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
  • Community Features:On-Site Guard: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Historic District: Yes
  • Community Features:Concierge: Yes
  • Community Features:Near Light Rail Stop: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Common Walls: Neighbor Below, Neighbor Above, End Unit
  • Construction Type: Brick Veneer, Steel Frame, Painted, Stone, Brick
  • Roof: Other
  • Construction:Frame - Metal: Yes

Garage/Parking

  • Parking Features: Addtn'l Purchasable, Common
  • Attached Garage: No
  • Parking Features:Addtn_squote_l Purchasable: Yes
  • Parking Features:Common: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • 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 Spa Htd, Community Pool Htd, Community Pool, Near Light Rail Stop, Near Bus Stop, Historic District, Guarded Entry, Concierge, Fitness Center
  • Association Fee: 925.46
  • 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:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1850.92
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 1850.92
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mgmt
  • 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

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, 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: 1289.0
  • Parcel #: 112-21-340-0

Building Info

  • Builder Name: Weitz Co/General Contractor

Tax Info

  • Tax Annual Amount: 1415.0
  • Tax Book Number: 112.00
  • Tax Lot: 708
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2022
Closed on
Apr 11, 2023
Sold by
Ledbetter Group Llc
Bought by
Schwartz Ira
Seller's Agent
DeeAnn Davis-Nowell
Compass
Buyer's Agent
Lyndsay Clark
The Brokery
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%
Views
95
Current Estimated Value
$439,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,838
Avg. Annual Appreciation
-3.32%
Original Mortgage
$363,750
Outstanding Balance
$353,454
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$85,708

Purchase Details

Closed on
Jul 9, 2009
Sold by
Bank Of America National Association
Bought by
Ledbetter Group Llc

Purchase Details

Closed on
May 12, 2009
Sold by
Stein Kevin Francis
Bought by
Bank Of America National Association and Msm 2007-15Ar

Purchase Details

Closed on
Jun 6, 2005
Sold by
Tasb Llc
Bought by
Stein Kevin Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,925
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Schwartz Ira $485,000 Wfg National Title Insurance C
Ledbetter Group Llc $183,600 First American Title Ins Co
Bank Of America National Association $245,000 None Available
Stein Kevin Francis $508,657 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Ira $363,750
Previous Owner Stein Kevin Francis $406,925
Closed Stein Kevin Francis $50,816
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2023 04/11/23 Sold $485,000 -2.8% $413 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
01/19/2023 01/19/23 Price Changed $499,000 -5.0% $425 / Sq Ft
12/06/2022 12/06/22 For Sale $525,000 -- $447 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,561 $9,219 -- --
2024 $1,457 $8,780 -- --
2023 $1,457 $14,225 $2,845 $11,380
2022 $1,415 $13,080 $2,615 $10,465
2021 $1,377 $12,785 $2,555 $10,230
2020 $1,419 $12,905 $2,580 $10,325
2019 $1,409 $12,840 $2,565 $10,275
2018 $1,391 $13,435 $2,685 $10,750
2017 $1,355 $11,765 $2,350 $9,415
2016 $1,315 $9,580 $1,915 $7,665
2015 $1,214 $8,750 $1,750 $7,000
Source: Public Records

Agents Affiliated with this Home

  • DeeAnn Davis-Nowell

    Seller's Agent in 2023

    DeeAnn Davis-Nowell

    Compass

    (602) 538-2202

    3 in this area

    66 Total Sales

    DeeAnn Davis-Nowell
    Section Image
  • Lyndsay Clark

    Buyer's Agent in 2023

    Lyndsay Clark

    The Brokery

    (480) 529-0685

    1 in this area

    80 Total Sales

    Lyndsay Clark
    Section Image
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About Orpheum Lofts

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6497995

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-340

Arizona Maricopa County Phoenix 85003 Downtown Phoenix

114 W Adams St Unit 708, Phoenix, AZ

Not Listed for Sale

Condos

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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