NOT LISTED FOR SALE

Orpheum Lofts 114 W Adams St Unit C-101 Phoenix, AZ 85003

Downtown Phoenix Neighborhood
-- Bed
-- Bath
9,445 Sq Ft
1,307 Sq Ft Lot Lot

Sale Details

Date Sold: August 15, 2019

Last sale price $707,000 $75 Per Sq Ft

219 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to Washington/Central Ave
  • Community Kitchen
  • Phoenix Coding Academy Rated A
  • Corner Lot
  • 3-minute walk to McDowell Mountain Regional Park

About This Home

As of August 2019

Located in one of the highest rated walk-able locations in Downtown Phoenix, ground floor of Orpheum Lofts and across from 44 Monroe. The light rail passes within 15ft of Orpheum giving a true urban feel as well as a convenient means of transportation for patrons. Needless to say, this property is positioned impeccably. The Gothic style of Orpheum is timeless, desirable, and very rare for Phoenix. It is one of the only historic high rises in Phoenix and one of the most beautiful. Tenant is in the middle of their first option period and is one of the best--if not the best--sushi restaurants in Phoenix, Harumi Sushi.

Last Agent to Sell the Property

Dennis Kolodin

Metro Realty License #BR535429000 Listed on: 11/20/2018

Last Buyer's Agent

Mykyung Chung

Delex Realty License #SA560718000

Delex Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,480

Year Built

  • Built in 1990

Lot Details

  • 1,307

Parking

  • Paved Parking

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 9,445 Sq Ft Home
  • Ceiling height between 12 to 15 feet
  • Chilled Water System

Home Security

Utilities

  • Cooling Available
  • Chiller Cooling System
  • Heating Available
  • Separate Meters
  • Three-Phase Power

Listing and Financial Details

  • Tax Lot C101
  • Assessor Parcel Number 112-21-583

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Public Restrooms

Recreation

Building Details

  • Operating Expense $3,480
  • Net Operating Income $43,096

Additional Features

  • Orpheum Lofts Commercial Unit Amd Subdivision
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,480

Year Built

Built in 1990

Lot Details

1,307 Sq Ft Lot

Listing Details

  • Cross Street: Adams and 1st Ave
  • Property Type: Comm/Industry Sale
  • Zoning: DTC-BCORE
  • Number Of Buildings: 1
  • Ownership: Condominium
  • Year Built: 1990
  • Tax Year: 2018
  • Lot Size Acres: 0.03
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: ORPHEUM LOFTS COMMERCIAL UNIT AMD
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Living Area: 9445.0
  • Stories: 11+ Stories

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Block
  • Roof: Built-Up
  • Exterior: Corner Lot, Building Sign, Curb(s) & Gutter(s), Sidewalk(s)

Garage/Parking

  • Parking Features: Paved, Parking Lot, Fee
  • Attached Garage: No

Utilities

  • Electric: Submetered System, Individual Meter, 3 Phase Power
  • Cooling: Chiller System
  • Heating: Electric
  • Security: Fire Sprinklers
  • Green Building Features: Conference Room, Exercise Room, Kitchen, LAN Compatible Copr
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Submetered System, Individual Meter, Other, See Remarks

Lot Info

  • Lot Size Sq Ft: 1487.0
  • Parcel #: 112-21-583

Multi Family

  • Property Net Operating Income: 43096.0
  • Annual Operating Expense: 3480.0
  • Leasable Area: 1169.0

Tax Info

  • Tax Annual Amount: 3480.0
  • Tax Book Number: 112.0
  • Tax Lot: C101
  • Tax Map Number: 21.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2019 08/15/19 Sold $707,000 -2.5% $75 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
11/20/2018 11/20/18 For Sale $725,000 +23332.4% $77 / Sq Ft
07/01/2013 07/01/13 Sold $3,094 0.0% $2 / Sq Ft View Prior Sale
06/21/2013 06/21/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $3,094 -- $2 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Dennis Kolodin

    Metro Realty

    Section Image

  • M

    Buyer's Agent in 2019

    Mykyung Chung

    DPR Realty

    (623) 979-3002

    9 Total Sales

    Mykyung Chung
    Section Image
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About Orpheum Lofts

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5849250

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85003 Downtown Phoenix

114 W Adams St Unit C-101, Phoenix, AZ

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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