NOT LISTED FOR SALE

Orpheum Lofts 114 W Adams St Unit C104 Phoenix, AZ 85003

Downtown Phoenix Neighborhood
-- Bed
-- Bath
9,445 Sq Ft
1,742 Sq Ft Lot

Last Sold December 13, 2019

Last sale price $900,000 $95 Per Sq Ft

332 Days on Market

Highlights

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

About This Home

As of December 2019

Located in one of the highest rated walkable 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 Thai Basil Signature, a flagship Thai Basil location.

Last Agent to Sell the Property

Dennis Kolodin

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

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,882

Year Built

  • Built in 1990

Lot Details

  • 1,742

Home Design

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

Interior Spaces

  • 9,445 Sq Ft Home
  • Concrete Flooring
  • Chilled Water System

Parking

  • Public Parking
  • Paved Parking

Listing and Financial Details

  • Tax Lot C104
  • Assessor Parcel Number 112-21-586

Community Details

Overview

  • Orpheum Lofts Commercial Unit Amd Subdivision

Amenities

  • Community Kitchen
  • Meeting Room

Recreation

Building Details

  • Operating Expense $3,882
  • Net Operating Income $55,260

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,882

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Cross Street: 1st Ave and Adams
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: HR1
  • Number Of Buildings: 1
  • Ownership: Condominium
  • Year Built: 1990
  • Tax Year: 2018
  • Directions: South on 1st Ave. West on Adams to property on the right.
  • Lot Size Acres: 0.04
  • Subdivision Name: ORPHEUM LOFTS COMMERCIAL UNIT AMD
  • Structure Type: Commercial
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Concrete
  • Living Area: 9445.0

Exterior Features

  • Construction Type: Block, Brick
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Public Parking, Fee
  • Attached Garage: No
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: Individual Meter, Submetered System
  • Cooling: Chiller System
  • Green Building Features: Conference Room, Exercise Room, Kitchen, LAN Compatible Copr
  • Water Source: Submetered System, Individual Meter
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Exercise Room: Yes
  • Amenities:LAN Compatible Copr: Yes

Fee Information

  • Parking Fee: Yes

Lot Info

  • Lot Size Sq Ft: 1706.0
  • Parcel #: 112-21-586
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 55260.0
  • Annual Operating Expense: 3882.0
  • Leasable Area: 1686.0

Tax Info

  • Tax Annual Amount: 3882.0
  • Tax Book Number: 112.00
  • Tax Lot: C104
  • Tax Map Number: 21.00

Range of Values:

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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
12/13/2019 12/13/19 Sold $900,000 -2.7% $95 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
11/20/2018 11/20/18 For Sale $925,000 -- $98 / 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 2019

    Dennis Kolodin

    Metro Realty

    Section Image

  • N

    Buyer's Agent in 2019

    Non-MLS Agent

    Non-MLS Office

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About Orpheum Lofts

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5849253

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85003 Downtown Phoenix

114 W Adams St Unit C104, Phoenix, AZ

This home is located at 114 W Adams St Unit C104, Phoenix, AZ 85003 since 20 November 2018. This property was built in 1990. 114 W Adams St Unit C104 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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