$450,000
SOLD JUN 27, 2016
1 Bed
2 Baths
1,525 Sq Ft
$533/mo HOA Fee

Recently Sold

$295 Per Sq Ft

7% Below List Price

173 Days on Market

Highlights

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

About This Home

As of September 2020

DRASTIC PRICE REDUCTION! WELCOME TO THE LOFTS AT ORCHIDHOUSE- High quality building in premier Tempe downtown location with Mill Avenue by front door. True urban living combined with a quiet and peaceful environment. Live/Work in this recently renovated 3rd floor loft with east orientation offering privacy and mountain views. Gourmet kitchen with solid wood cabinetry, center island, 3-inch granite counters & stainless steel appliances. High 12'ceilings , low voltage lighting, 18x18 tile floors, expansive built-in library in foyer and living room, large windows with custom shades. Loft includes two parking spaces in underground, gated garage. Walking distance to light rail, restaurants, ASU & Residence Inn where Orchidhouse residents have privileges (pool, exercise, spa)$25 per month.

Last Agent to Sell the Property

Josefina Knoell

Russ Lyon Sotheby's International Realty License #SA023842000 Listed on: 12/02/2015

Russ Lyon Sotheby's International Realty

Co-Listed By

Susan Thomas

Compass License #SA114174000

Last Buyer's Agent

Tom Tokoph

Urban Realty & Development, LLC License #BR114305000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,283

Year Built

  • Built in 2002

HOA Fees

  • $533 Monthly HOA Fees

Parking

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

Property Views

  • City Lights
  • Mountain

Home Design

  • Loft
  • Contemporary Architecture
  • Brick Exterior Construction
  • Foam Roof
  • Metal Construction or Metal Frame

Interior Spaces

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

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 2 Bathrooms

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

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

Listing and Financial Details

  • Tax Lot 306
  • 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 Subdivision
  • 7-Story Property

Recreation

  • Bike Trail

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,283

Year Built

Built in 2002

Lot Details

0

HOA Fees

$533 per month

Parking

2

Listing Details

  • Cross Street: 6th Street & Mill Avenue
  • Property Type: Residential
  • Ownership: Fee Simple
  • 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: 532.84
  • 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: 2014
  • Directions: Rio Salado Parkway to Mill, south on Mill to 7th Street, east on 7th St to underground parking garage on the north side. Take elevator at far north side to Plaza level. Call agents for access code.
  • Property Sub Type: Loft Style
  • Horses: No
  • Lot Size Acres: 0.04
  • Co List Office Mls Id: reax16
  • Co List Office Phone: 602-861-3300
  • Subdivision Name: Lofts at Orchidhouse
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 532.84
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Building Style:High Rise: 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: 9+ Flat Ceilings, Elevator, Kitchen Island, Pantry, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1525.0
  • Stories: 7
  • Window Features: Sunscreen(s), Dual Pane
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: 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

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail
  • Common Walls: Neighbor Below, Neighbor Above
  • Construction Type: Brick Veneer, Frame - Metal
  • Roof: See Remarks, Foam
  • Construction:Frame - Metal: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Near Light Rail Stop, Near Bus Stop, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee Frequency: Annually
  • Association Fee: 532.84
  • 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: 95.0
  • 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: 1.0
  • 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: 1525.0
  • Parcel #: 132-27-179
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Brownstone Residential

Tax Info

  • Tax Annual Amount: 4283.0
  • Tax Book Number: 132.00
  • Tax Lot: 306
  • 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: 5369108

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-27-179