NOT LISTED FOR SALE

Estimated Value: $283,346 - $325,000

1 Bed
1 Bath
710 Sq Ft
$424/mo HOA Fee

Last Sold August 15, 2018

Last sale price $205,000 $289 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,062/month

56 Days on Market

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 August 2018

Oh my! If you are an urban lover, welcome home! Orpheum Lofts is one of the few, true loft style buildings in all of Phoenix! Built in the 1930's in the stunning Art Deco style defined as the predominant decorative art style of the 1920s and 1930s, characterized by precise and boldly delineated geometric shapes and strong colors and used most notably in household objects and in architecture. This building does not disappoint! Starting from the soaring ceilings in the marbled lobby, you feel like you are stepping back in time, yet has a modern, youthful feeling to it. Enjoy the amenities of the building, pool/spa/sauna/gym/conference center/community 'living room' and more! The unit itself is full of light with gorgeous hardwood floors, high ceilings and amazing views. This one is a 10+!

Last Agent to Sell the Property

Nicholas Yale

Brokers Hub Realty, LLC License #BR517934000 Listed on: 05/24/2018

Last Buyer's Agent

Ricardo Figueroa

Best Homes Real Estate License #SA535509000

Best Homes Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $870

Year Built

  • Built in 2005

Lot Details

  • Two or More Common Walls

HOA Fees

  • $424 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 710 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • City Lights Views

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop
  • The property is located in a historic district

Schools

  • Kenilworth Elementary School
  • Phoenix Union Cyber High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 905
  • Assessor Parcel Number 112-21-357

Community Details

Overview

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

Amenities

  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$870

Year Built

Built in 2005

Lot Details

0

HOA Fees

$424 per month

Listing Details

  • Cross Street: 1st Ave and Adams
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 423.91
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2017
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: ORPHEUM LOFTS CONDOMINIUM 2ND AMD
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 423.91
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Building Style:High Rise: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 9+ Flat Ceilings, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 710.0
  • Stories: 11
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Pool Private: No
  • View: City Lights
  • Disclosures: Agency Discl Req, Other (See Remarks), Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Below, Neighbor Above
  • Construction Type: Brick Veneer, Brick
  • Roof: Built-Up

Garage/Parking

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

Utilities

  • Utilities: Other (See Remarks)
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Security: Security Guard
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Near Light Rail Stop, Near Bus Stop, Historic District, Guarded Entry, Clubhouse, Fitness Center
  • Amenities: Rental OK (See Rmks)
  • Association Fee: 423.91
  • Association Fee Frequency: Monthly
  • Association Name: Orpheum Lofts
  • 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
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 847.82
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mgmt
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • 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:Cable or Satellite: Yes
  • Association Fee Incl:Air CondHeating: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Cable TV, Maintenance Grounds, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Phoenix Union Cyber 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: 710.0
  • Parcel #: 112-21-357
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKN

Tax Info

  • Tax Annual Amount: 870.0
  • Tax Book Number: 112.00
  • Tax Lot: 905
  • Tax Map Number: 21.00

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Aug 6, 2018
Sold by
Lopez Emmanuel Jose
Bought by
Chavez Rene and Chavez Maria G
Seller's Agent
Nicholas Yale
Brokers Hub Realty, LLC
Buyer's Agent
Ricardo Figueroa
Best Homes Real Estate
List Price
$210,000
Sold Price
$205,000
Premium/Discount to List
-$5,000
-2.38%
Current Estimated Value
$296,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,837
Avg. Annual Appreciation
5.27%
Original Mortgage
$194,750
Outstanding Balance
$169,132
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$127,705

Purchase Details

Listed on
Oct 4, 2011
Closed on
Apr 20, 2012
Sold by
Moore Dennis E and Moore Carol G
Bought by
Lopez Emmanuel Jose
Seller's Agent
Chris Remsen
CPA Advantage Realty, LLC
Buyer's Agent
Ruby Harris
Realty ONE Group
List Price
$115,000
Sold Price
$96,000
Premium/Discount to List
-$19,000
-16.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%
Original Mortgage
$70,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Moore Dennis E and Moore Carol G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2009
Sold by
Smith Rachelle and Gary Huntoon C
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 19, 2007
Sold by
Smith Rachelle and Gary Huntoon C
Bought by
R A Smith Living Trust
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
Chavez Rene $205,000 Empire West Title Agency Llc
Lopez Emmanuel Jose $96,000 Empire West Title Agency
Moore Dennis E $87,000 Lsi Title Agency
Deutsche Bank National Trust Company $105,500 None Available
R A Smith Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Rene $194,750
Previous Owner Lopez Emmanuel Jose $70,000
Previous Owner Moore Dennis E $69,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2018 08/15/18 Sold $205,000 +3.0% $289 / Sq Ft
06/29/2018 06/29/18 Price Changed $199,000 -5.2% $280 / Sq Ft
05/24/2018 05/24/18 For Sale $210,000 +118.8% $296 / Sq Ft
04/30/2012 04/30/12 Sold $96,000 -4.0% $135 / Sq Ft View Prior Sale
03/26/2012 03/26/12 Pending -- -- --
03/08/2012 03/08/12 Price Changed $100,000 -9.1% $140 / Sq Ft
01/24/2012 01/24/12 Price Changed $110,000 -4.3% $154 / Sq Ft
01/23/2012 01/23/12 For Sale $115,000 0.0% $162 / Sq Ft
01/15/2012 01/15/12 Pending -- -- --
10/04/2011 10/04/11 For Sale $115,000 -- $162 / 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 $1,002 $5,973 -- --
2024 $946 $5,689 -- --
2023 $946 $8,810 $1,760 $7,050
2022 $908 $7,940 $1,585 $6,355
2021 $884 $7,680 $1,535 $6,145
2020 $910 $7,635 $1,525 $6,110
2019 $904 $7,515 $1,500 $6,015
2018 $892 $7,980 $1,595 $6,385
2017 $870 $7,080 $1,415 $5,665
2016 $844 $5,885 $1,175 $4,710
2015 $781 $5,635 $1,125 $4,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5770570

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-21-357