NOT LISTED FOR SALE

Orpheum Lofts 114 W Adams St Unit C-102 Phoenix, AZ 85003

Downtown Phoenix Neighborhood
-- Bed
-- Bath
1,568 Sq Ft
1,568 Sq Ft Lot

Last Sold August 31, 2016

Last sale price $540,000 $344 Per Sq Ft

241 Days on Market

Highlights

  • Chilled Water System
  • 3-minute walk to Washington/Central Ave
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Concrete Flooring
  • 3-minute walk to McDowell Mountain Regional Park

About This Home

As of August 2016

Has a new tenant at $25/sq ft + NNN's with 3% annual increases. Price is based on a 7% Cap Rate. Sushi & Thai restaurants are neighbors as well as a new asian noodle restaurant.

Last Agent to Sell the Property

Dennis Kolodin

Metro Realty License #BR535429000 Listed on: 11/25/2015

Last Buyer's Agent

Dennis Kolodin

Metro Realty License #BR535429000 Listed on: 11/25/2015

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,814

Year Built

  • Built in 2007

Lot Details

  • 1,568 Sq Ft Lot
  • Property is zoned HR1

Home Design

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

Interior Spaces

  • 1,568 Sq Ft Home
  • Concrete Flooring
  • Chilled Water System

Utilities

  • Heating Available

Community Details

  • Orpheum Lofts Commercial Unit Amd Subdivision
  • Operating Expense $3,814

Listing and Financial Details

  • Tax Lot C102
  • Assessor Parcel Number 112-21-584

Property Details

Property Type

Other

Est. Annual Taxes

$3,814

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Cross Street: 1st/Ave/Adams
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: HR1
  • Current Use: Restaurant
  • Number Of Buildings: 1
  • Year Built: 2007
  • Tax Year: 2015
  • Directions: Commercial unit is located 1st floor of the Orpheum Lofts Condos at NW corner of 1st Ave/Adams facing 1st Ave. Best to use street metered parking to show.
  • Lot Size Acres: 0.04
  • Subdivision Name: ORPHEUM LOFTS COMMERCIAL UNIT AMD
  • Structure Type: Commercial
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Block, Brick
  • Roof: See Remarks, Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking:Public Parking: Yes

Utilities

  • Electric: Individual Meter, Submetered System
  • Cooling: Chiller System
  • Heating: Electric
  • Water Source: Submetered System, Individual Meter
  • Heating:Electric: Yes

Fee Information

  • Parking Fee: Yes

Lot Info

  • Lot Size Sq Ft: 1568.0
  • Additional Parcels: No
  • Parcel #: 112-21-584
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 3813.6
  • Leasable Area: 1568.0

Tax Info

  • Tax Annual Amount: 3813.6
  • Tax Book Number: 112.00
  • Tax Lot: C102
  • Tax Map Number: 21.00

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $540,000 -3.6% $344 / Sq Ft
07/23/2016 07/23/16 Pending -- -- --
11/25/2015 11/25/15 For Sale $560,000 -- $357 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dennis Kolodin

    Seller's Agent in 2016

    Dennis Kolodin

    Metro Realty

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About Orpheum Lofts

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5366884

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85003 Downtown Phoenix

114 W Adams St Unit C-102, Phoenix, AZ

This home is located at 114 W Adams St Unit C-102, Phoenix, AZ 85003 since 25 November 2015. This property was built in 2007. 114 W Adams St Unit C-102 is a home located in Maricopa County with nearby schools including Dunbar Elementary School, Magnet Traditional School, and Phoenix Coding Academy.

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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