$485,000
SOLD SEP 29, 2020
1 Bed
2 Baths
1,525 Sq Ft
$588/mo HOA Fee

Recently Sold

$318 Per Sq Ft

3% Below List Price

28 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Community
  • Contemporary Architecture
  • Gated Parking
  • Mountain View
  • 1-minute walk to Ragsdale-MLK Park

About This Home

As of September 2020

Here is a rare opportunity for any future urban dweller! This Loft at the Orchidhouse, boasts 11-ft ceilings and amazing views & light from its 3rd floor windows. Tastefully remodeled with 18x18 tile flooring & a large Gourmet kitchen & island with ample cabinetry. Custom low-voltage lighting & custom cabinetry runs throughout the loft & even includes a built-in Murphy-bed. Currently designed as a spacious 1 bed, 2 bath, but the size may allow for a 2nd bedroom. Absolutely perfect for entrepreneurs looking for a LIVE-WORK space. Includes 2 parking spaces in underground, gated garage. The Orchidhouse Lofts are right off Mill Avenue's shops & bistros, the Metro light rail, the forthcoming Mill Ave Streetcar, new Whole Foods Market, ASU, & everything else Downtown Tempe has to offer!

Last Agent to Sell the Property

Tom Tokoph

Urban Realty & Development, LLC Brokerage Phone: 602-549-9000 License #BR114305000 Listed on: 07/31/2020

Last Buyer's Agent

Amy Richardson

HomeSmart License #SA673095000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,062

Year Built

  • Built in 2002

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $588 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Garage
  • Gated Parking
  • Parking Permit Required

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Foam Roof

Interior Spaces

  • 1,525 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Stone Flooring
  • Mountain Views

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Broadmor Elementary School
  • Mckemy Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 310
  • Assessor Parcel Number 132-27-179

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, gas, trash, water, roof replacement
  • Kinney Management Association, Phone Number (480) 820-3451
  • Brickyard On Mill Association, Phone Number (480) 820-3451
  • Association Phone (480) 820-3451
  • High-Rise Condominium
  • Built by Brownstone Residential
  • Lofts At Orchidhouse Condominium Subdivision
  • 7-Story Property

Recreation

  • Bike Trail

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,062

Year Built

Built in 2002

Lot Details

0

HOA Fees

$588 per month

Parking

2

Listing Details

  • Cross Street: 6th Street & Mill Avenue
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Name: Brickyard on Mill
  • HOA #2 Phone Number: 480-820-3451
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 587.85
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2013
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2005
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2013
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2013
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2013
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2019
  • Directions: From Mill Ave & University take Mill Ave to 6th Street, East of 6th Street to 7 story brick Orchidhouse building.
  • Attribution Contact: 602-549-9000
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: LOFTS AT ORCHIDHOUSE CONDOMINIUM
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 587.85
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, 9+ Flat Ceilings, Elevator, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1525.0
  • Stories: 7
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Below, Neighbor Above, End Unit
  • Construction Type: Brick Veneer, Steel Frame
  • Roof: Other, Foam
  • Construction:Frame - Metal: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Tandem Garage, Gated, Permit Required
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:PermitDecal Req_squote_d: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Near Light Rail Stop, Near Bus Stop, Biking/Walking Path
  • Association #2 Fee Frequency: Annually
  • Association Fee: 587.85
  • Association Fee Frequency: Monthly
  • Association: Brickyard on Mill
  • Association Name: Lofts at Orchidhouse
  • Association Phone #2: 480-820-3451
  • Phone: 480-820-3451
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 295.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lofts at Orchidhouse
  • Association Fees:HOA Telephone4: 480-820-3451
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1175.7
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Kinney Management
  • Association Fees:HOA Paid Frequency 2: Annually
  • 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:Gas6: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Gas, Trash, Water, Roof Replacement

Schools

  • Elementary School: Broadmor Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1518.0
  • Parcel #: 132-27-179

Building Info

  • Builder Name: Brownstone Residential

Tax Info

  • Tax Annual Amount: 5062.0
  • Tax Book Number: 132.00
  • Tax Lot: 310
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Nov 3, 2020
Sold by
Escarcega Ruby and Escarcega Stephen
Bought by
6Th Orchid Llc
Seller's Agent
Tom Tokoph
Urban Realty & Development, LLC
Buyer's Agent
Amy Richardson
HomeSmart
List Price
$499,900
Sold Price
$485,000
Premium/Discount to List
-$14,900
-2.98%
Current Estimated Value
$647,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,051
Avg. Annual Appreciation
6.12%
Original Mortgage
$363,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2020
Closed on
Sep 22, 2020
Sold by
Haapala John
Bought by
Escarcega Ruby and Escarcega Stephen
Seller's Agent
Tom Tokoph
Urban Realty & Development, LLC
Buyer's Agent
Amy Richardson
HomeSmart
List Price
$499,900
Sold Price
$485,000
Premium/Discount to List
-$14,900
-2.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2015
Closed on
Jun 27, 2016
Sold by
Guinn Jimmy R
Bought by
The Guinn Family Living Trust and Guinn Cuta Crina
Seller's Agent
Josefina Knoell
Russ Lyon Sotheby's International Realty
Buyer's Agent
Tom Tokoph
Urban Realty & Development, LLC
List Price
$485,000
Sold Price
$450,000
Premium/Discount to List
-$35,000
-7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.77%

Purchase Details

Listed on
Dec 2, 2015
Closed on
May 24, 2016
Sold by
Werzberger Cassie
Bought by
Haapala John
Seller's Agent
Josefina Knoell
Russ Lyon Sotheby's International Realty
Buyer's Agent
Tom Tokoph
Urban Realty & Development, LLC
List Price
$485,000
Sold Price
$450,000
Premium/Discount to List
-$35,000
-7.22%

Purchase Details

Closed on
Oct 29, 2013
Sold by
Wertzberger Cassie
Bought by
Wertzberger Cassie and C Wertzberger Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $485,000 Security Title Agency Inc
Interfamily Deed Transfer -- None Available
Cash Sale Deed $450,000 First American Title Ins Co
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $363,750 New Conventional
Previous Owner $125,081 New Conventional
Previous Owner $150,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Rented $2,300 0.0% --
10/13/2023 10/13/23 Under Contract -- -- --
10/13/2023 10/13/23 For Rent $2,300 0.0% --
10/13/2023 10/13/23 Off Market $2,300 -- --
09/18/2023 09/18/23 Price Changed $2,300 -11.5% $2 / Sq Ft
09/15/2023 09/15/23 For Rent $2,600 0.0% --
07/27/2022 07/27/22 Rented $2,600 0.0% --
06/28/2022 06/28/22 Under Contract -- -- --
06/18/2022 06/18/22 For Rent $2,600 0.0% --
09/29/2020 09/29/20 Sold $485,000 -3.0% $318 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $499,900 +11.1% $328 / Sq Ft
06/27/2016 06/27/16 Sold $450,000 0.0% $295 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
05/17/2016 05/17/16 Price Changed $450,000 -5.3% $295 / Sq Ft
04/01/2016 04/01/16 Price Changed $475,000 -2.1% $311 / Sq Ft
12/02/2015 12/02/15 For Sale $485,000 -- $318 / 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 $5,011 $46,661 -- --
2024 $5,164 $44,439 -- --
2023 $5,164 $44,980 $8,990 $35,990
2022 $4,953 $40,400 $8,080 $32,320
2021 $4,988 $39,670 $7,930 $31,740
2020 $4,836 $36,560 $7,310 $29,250
2019 $5,062 $37,150 $7,430 $29,720
2018 $5,372 $38,710 $7,740 $30,970
2017 $5,213 $40,370 $8,070 $32,300
2016 $4,576 $39,560 $7,910 $31,650
2015 $4,371 $40,450 $8,090 $32,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6110940

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-27-179