$631,000 - $837,000
RENTED OCT 26, 2024
2 Beds
3 Baths
1,590 Sq Ft
2003 Built

Last Sold March 15, 2021

Last sale price $680,000 $428 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,435/month

Highlights

  • Transportation Service
  • The property is located in a historic district
  • Mountain View
  • Unit is on the top floor
  • Gated Community
  • 1-minute walk to Ragsdale-MLK Park

About This Home

As of October 2024

Published in ''California Homes'' magazine, this architecturally stunning home boasts a giant terrace (1 of only 3 in the building). Partially furnished, every modern detail in this loft was carefully planned with lavish upgrades-- too many to list here. (Think Bulthaup kitchen & Miele appliances.) Bring your most particular clients with modern taste and they will be impressed! The Lofts at Orchidhouse include stunning 11 foot ceilings with large, operable windows. The warehouse style brick building is also zoned ''Live/work''- for those entrepreneurs looking for a hip and modern space to office. The Orchidhouse Lofts are located just off Mill Avenue's shops and bistros, Whole Foods Market, Metro light rail system, Mill Ave Streetcar, ASU, & everything else Downtown Tempe has to offer!

Last Agent to Rent the Property

Tom Tokoph

Urban Realty & Development, LLC Brokerage Phone: 602-549-9000 License #BR114305000 Listed on: 06/22/2024

Last Renter's Agent

Tom Tokoph

Urban Realty & Development, LLC Brokerage Phone: 602-549-9000 License #BR114305000 Listed on: 06/22/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,293

Year Built

  • Built in 2003

Lot Details

  • Two or More Common Walls
  • Backyard Sprinklers

Parking

  • 2 Car Garage
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Loft
  • Contemporary Architecture
  • Brick Veneer
  • Steel Frame
  • Foam Roof
  • Stone Exterior Construction

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Ceiling height of 9 feet or more
  • Mountain Views
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Security

Outdoor Features

  • Balcony

Location

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

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Property Available on 7/1/24
  • $250 Move-In Fee
  • Rent includes water, sewer, garbage collection
  • 12-Month Minimum Lease Term
  • $45 Application Fee
  • Tax Lot 410
  • Assessor Parcel Number 132-27-225

Community Details

Overview

  • Property has a Home Owners Association
  • Lofts At Orchidhouse Association, Phone Number (480) 820-3451
  • Built by Brownstone Residential
  • Lofts At Orchidhouse Subdivision

Amenities

  • Transportation Service

Recreation

  • Bike Trail

Security

  • Gated Community
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,293

Year Built

Built in 2003

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Water, Sewer, Garbage Collection
  • Available Date: 2024-07-01

Listing Details

  • Cross Street: 6th Street & Mill Avenue
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2003
  • Rental Info H O A Name: Lofts at Orchidhouse
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.8
  • Furnishings Include Other Furnishings: Barstools, Living Room Sofa & Dining room Table/Chairs
  • Initial Move In Costs Admin Fee: 250.0
  • Initial Move In Costs Application Fee: 45.0
  • Lease Term Minimum Lease Term Months: 12
  • Attribution Contact: 602-549-9000
  • Property Sub Type: Loft Style
  • Horses: No
  • Subdivision Name: Lofts at Orchidhouse
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Structure Type: High Rise
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Security Features:Fire Sprinkler System: Yes
  • Water Source City Water2: Yes
  • Const - Finish Brick Veneer: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Furnished: Partially
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, 9+ Flat Ceilings, Elevator, 3/4 Bath Master Bdrm
  • Living Area: 1590.0
  • Stories: 1
  • Community Features:BikingWalking Path: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • Community Features:Transportation Svcs: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: Corner Lot, Irrigation Back
  • View: City Light View(s), Mountain(s)
  • Disclosures: None
  • Common Walls: Two Common Walls, Neighbor Above, Neighbor Below
  • Construction Type: Brick Veneer, Other, Steel Frame, Stone, Brick
  • Roof: Other, Foam
  • Exterior Features:Balcony: Yes
  • Construction:Steel Frame: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned, Community Structure
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Stacked Washer/Dryer
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Transportation Svcs, Near Light Rail Stop, Near Bus Stop, Historic District, Biking/Walking Path
  • Association Name: Lofts at Orchidhouse
  • Phone: 480-820-3451
  • Association: Yes
  • Pets Allowed: Lessor Approval

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

  • Lot Size Sq Ft: 158.0
  • Parcel #: 132-27-225

Building Info

  • Builder Name: Brownstone Residential

Tax Info

  • Tax Book Number: 132.00
  • Tax Lot: 410
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Feb 1, 2021
Sold by
Skihard Llc
Bought by
Warth Matthew Kirk and Warth Kristen Deyell
Seller's Agent
Tom Tokoph
Urban Realty & Development, LLC
Buyer's Agent
Tom Tokoph
Urban Realty & Development, LLC
List Price
$700,000
Sold Price
$680,000
Premium/Discount to List
-$20,000
-2.86%
Current Estimated Value
$732,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,985
Avg. Annual Appreciation
1.72%
Original Mortgage
$510,000
Outstanding Balance
$461,315
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$272,087

Purchase Details

Closed on
Mar 7, 2017
Sold by
Loder Ronald K and Loder Yolanda R
Bought by
Skihard Llc

Purchase Details

Closed on
Aug 18, 2005
Sold by
Gillies Michael and Gillies Betti Firth
Bought by
Loder Ronald K and Loder Yolanda R

Purchase Details

Closed on
Sep 30, 2003
Sold by
Mueller Edward E and Mueller Geraldine R
Bought by
Gillies Michael Wayne and Gillies Betti Firth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 15, 2002
Sold by
Mcw Orchidhouse Llc
Bought by
Mueller Edward E and Mueller Geraldine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.89%
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
Warth Matthew Kirk $680,000 First American Title Ins Co
Skihard Llc $650,000 First American Title Insuran
Loder Ronald K $615,000 First American Title Ins Co
Gillies Michael Wayne $410,000 First American Title Ins Co
Mueller Edward E $301,499 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warth Matthew Kirk $510,000
Previous Owner Gillies Michael Wayne $400,000
Previous Owner Mueller Edward E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2024 10/26/24 Rented $3,800 -4.9% --
10/22/2024 10/22/24 Under Contract -- -- --
06/22/2024 06/22/24 For Rent $3,995 +11.1% --
05/01/2021 05/01/21 Rented $3,595 -99.5% --
04/05/2021 04/05/21 Under Contract -- -- --
03/15/2021 03/15/21 Sold $680,000 0.0% $428 / Sq Ft
02/27/2021 02/27/21 For Rent $3,595 0.0% --
01/29/2021 01/29/21 Pending -- -- --
10/23/2020 10/23/20 For Sale $700,000 -- $440 / 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 $5,293 $47,248 -- --
2024 $5,229 $44,998 -- --
2023 $5,229 $47,100 $9,420 $37,680
2022 $5,016 $42,370 $8,470 $33,900
2021 $5,050 $41,650 $8,330 $33,320
2020 $4,897 $38,420 $7,680 $30,740
2019 $4,804 $39,080 $7,810 $31,270
2018 $4,685 $41,620 $8,320 $33,300
2017 $4,545 $43,550 $8,710 $34,840
2016 $4,513 $42,870 $8,570 $34,300
2015 $4,335 $43,710 $8,740 $34,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6722516

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-27-225