NOT LISTED FOR SALE

Estimated Value: $687,491 - $810,000

2 Beds
2.5 Baths
1,354 Sq Ft
1,307 Sq Ft Lot

Last Sold December 30, 2013

Last sale price $386,000 $285 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,434/month

138 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to Roosevelt/Central Ave
  • Heated Pool
  • Phoenix Coding Academy Rated A
  • Unit is on the top floor
  • 1-minute walk to Portland Parkway Park

About This Home

As of December 2013

Considered by most as 'the' place for condominium living in the downtown. This unit has spectacular 180 degree views of the downtown and mountains from the top floor on the city side.
With the night comes the sparkle of city lights through the floor to ceiling windows .
Chefs kitchen with lots of counter top. Dual master bedrooms. Fantastic rooftop pool, BBQ area and more great views.
Great location as light rail(airport connection) is 2 blocks away and Margaret Hance Park and the Japanese garden on north side of building. If in the mood, a short walk to all the rest of downtown and everything it has to offer.

Last Agent to Sell the Property

Leslie Dockter

Infill Realty Services License #BR526323000 Listed on: 07/19/2013

Last Buyer's Agent

Julie Kinkead

HomeSmart License #SA533241000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,123

Year Built

  • Built in 2007

Lot Details

  • Two or More Common Walls
  • Block Wall Fence

Parking

  • 1.75 Car Garage
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,354 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Roller Shields
  • City Lights Views

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Outdoor Features

  • Heated Pool

Location

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

Schools

  • Kenilworth Elementary School
  • Palo Verde Middle School
  • Central High School

Utilities

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

Listing and Financial Details

  • Tax Lot 655
  • Assessor Parcel Number 111-34-155

Community Details

Overview

  • Property has a Home Owners Association
  • Portland Place Condo Association, Phone Number (602) 957-9191
  • High-Rise Condominium
  • Built by Weitz
  • Portland Place Condominiums Subdivision
  • 6-Story Property

Recreation

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,123

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Cross Street: Roosevelt St. & Central Ave
  • Legal Info Range: 3E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 569.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.8
  • Separate Den Office Sep Den Office: N
  • Year Built: 2007
  • Tax Year: 2012
  • Directions: West on Roosevelt to 3rd Ave. Right/north on 3rd Ave one block to Portland. Turn right east onto Portland. Condominiums on north sided of Portland.
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.03
  • Subdivision Name: Portland Place Condominiums
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 569.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Building Style:High Rise: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone, Tile
  • Spa Features: None
  • Accessibility Features: Zero-Grade Entry
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Breakfast Bar, Elevator, Fire Sprinklers, No Interior Steps, Roller Shields, Kitchen Island, 2 Master Baths, Double Vanity, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 1354.0
  • Stories: 6
  • Window Features: Mechanical Sun Shds
  • ResoLivingAreaSource: Builder
  • Community Features:Community Pool: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Pool Features: Community, Heated, None
  • View: City Lights
  • Disclosures: Agency Discl Req
  • Common Walls: Two Common Walls, Neighbor Below
  • Construction Type: Other, See Remarks, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.8
  • Parking Features: Assigned, Community Structure, Gated
  • Attached Garage: No
  • Garage Spaces: 1.75
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Historic District, Pool, Fitness Center
  • Amenities: Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: Portland Place Condo
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Portland Place Condo
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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:Pest Control: Yes
  • Association Fee Incl:Cable or Satellite: Yes
  • Association Fee Incl:Gas6: Yes

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Middle Or Junior School: Palo Verde School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1282.0
  • Parcel #: 111-34-155
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Weitz

Tax Info

  • Tax Annual Amount: 3123.0
  • Tax Book Number: 111.00
  • Tax Lot: 655
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2013
Closed on
Dec 24, 2013
Sold by
Cress Tom L and Cress Geraldine
Bought by
Lehn Charles and Lehn Madonna
Seller's Agent
Leslie Dockter
Infill Realty Services
Buyer's Agent
Julie Kinkead
HomeSmart
List Price
$401,000
Sold Price
$386,000
Premium/Discount to List
-$15,000
-3.74%
Current Estimated Value
$747,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,326
Avg. Annual Appreciation
5.85%
Original Mortgage
$347,400
Outstanding Balance
$108,904
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$638,422

Purchase Details

Closed on
Nov 27, 2012
Sold by
Cress Tom L and Cress Geraldine
Bought by
Cress Trust and Cress Tom L

Purchase Details

Closed on
Sep 15, 2009
Sold by
Portland Group Llc
Bought by
Cress Tom L and Cress Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
5.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lehn Charles $386,000 Old Republic Title Agency
Cress Trust -- None Available
Cress Tom L $333,000 Greystone Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lehn Charles $347,400
Closed Lehn Charles $347,400
Previous Owner Cress Tom L $266,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2013 12/30/13 Sold $386,000 -3.7% $285 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $401,000 -- $296 / 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 $4,104 $34,617 -- --
2024 $4,065 $32,969 -- --
2023 $4,065 $45,300 $9,060 $36,240
2022 $3,909 $37,880 $7,570 $30,310
2021 $3,913 $34,120 $6,820 $27,300
2020 $3,969 $34,320 $6,860 $27,460
2019 $3,970 $32,860 $6,570 $26,290
2018 $3,899 $35,410 $7,080 $28,330
2017 $3,760 $31,660 $6,330 $25,330
2016 $3,653 $33,760 $6,750 $27,010
2015 $3,328 $32,050 $6,410 $25,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4970051

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-34-155