NOT LISTED FOR SALE

Estimated Value: $410,000 - $510,000

1 Bed
1.5 Baths
1,173 Sq Ft
$436/mo HOA Fee

Last Sold June 02, 2023

Last sale price $450,000 $384 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,358/month

98 Days on Market

Highlights

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

About This Home

As of June 2023

Here is a rare opportunity for any future urban dweller. This 1,174 s.f. 'Lofts at Orchidhouse' 1 bedroom & 1.5 bathroom boasts fantastic views and great SUNLIGHT from it's expansive 4th floor windows. Includes wood floors and a modern kitchen and Bar with ample storage to maximize every square foot of the loft. Also includes a large bathroom with double sinks. All appliances convey including Washer/Dryer. Absolutely perfect for entrepreneurs looking for a Live/Work space or for any urbanite searching for their very own home in the modern world! Enjoy Mill Avenue's shopping, dining & the light rail, Streetcar, ASU and all of downtown Tempe's entertainment right out your front door! (Also, access to next door Residence Inn's Rooftop Pool, Jacuzzi, Workout available to owners: $25/mo.)

Last Agent to Sell the Property

Tom Tokoph

Urban Realty & Development, LLC Brokerage Phone: 602-549-9000 License #BR114305000 Listed on: 02/09/2023

Last Buyer's Agent

Tom Tokoph

Urban Realty & Development, LLC Brokerage Phone: 602-549-9000 License #BR114305000 Listed on: 02/09/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,788

Year Built

  • Built in 2002

Lot Details

  • Two or More Common Walls

HOA Fees

  • $436 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking
  • Community Parking Structure

Property Views

  • City Lights
  • Mountain

Home Design

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

Interior Spaces

  • 1,173 Sq Ft Home
  • Ceiling height of 9 feet or more

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1.5 Bathrooms

Home Security

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

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 426, 427 & 428
  • Assessor Parcel Number 132-27-241

Community Details

Overview

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

Amenities

  • Transportation Service

Recreation

  • Bike Trail

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,788

Year Built

Built in 2002

Lot Details

0

HOA Fees

$436 per month

Parking

1

Listing Details

  • Cross Street: 6th Street & Mill Avenue
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 435.8
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2022
  • Directions: From Mill Avenue and University take Mill Avenue North to 6th Street. Take 6th Street East to 7 story brick building.
  • Attribution Contact: 602-549-9000
  • Property Sub Type: Loft Style
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: LOFTS AT ORCHIDHOUSE CONDOMINIUM
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 435.8
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Elevator, Fire Sprinklers, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1173.0
  • Stories: 7
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • 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

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req
  • Common Walls: Two Common Walls, Neighbor Below, Neighbor Above
  • Construction Type: See Remarks, Brick Veneer, Stone, Brick, Frame - Metal
  • Roof: See Remarks, Foam
  • Construction:Other (See Remarks)23: Yes
  • Construction:Frame - Metal: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned, Community Structure
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Transportation Svcs, Near Light Rail Stop, Near Bus Stop, Historic District, Biking/Walking Path
  • Association Fee: 435.8
  • Association Fee Frequency: Monthly
  • Association Name: Orchidhouse HOA
  • Phone: 480-820-3451
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 450.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Orchidhouse HOA
  • Association Fees:HOA Telephone4: 480-820-3451
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 800.22
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 800.22
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Kinney Management
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • 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:Gas6: Yes

Fee Information

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

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: 1174.0
  • Parcel #: 132-27-241
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Brownstone Residential

Tax Info

  • Tax Annual Amount: 3788.0
  • Tax Book Number: 132.00
  • Tax Lot: 426, 427 & 428
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Jun 2, 2023
Sold by
Baron Family Living Trust
Bought by
Baptiste Alexander
Seller's Agent
Tom Tokoph
Urban Realty & Development, LLC
Buyer's Agent
Tom Tokoph
Urban Realty & Development, LLC
List Price
$489,000
Sold Price
$450,000
Premium/Discount to List
-$39,000
-7.98%
Views
216
Current Estimated Value
$471,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,502
Avg. Annual Appreciation
2.13%

Purchase Details

Closed on
Sep 24, 2020
Sold by
Baron Casey L and Baron Allison N
Bought by
Baron Casey Love and Baron Allison Nicole

Purchase Details

Listed on
Apr 6, 2020
Closed on
Jun 25, 2020
Sold by
Mowry Michael S
Bought by
Baron Casey L and Baron Allison N
Seller's Agent
Ronnie Spece
At Home Desert Realty
Buyer's Agent
Ann Adams
Ann Adams And Associates Realty, LLC
List Price
$345,000
Sold Price
$336,500
Premium/Discount to List
-$8,500
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%

Purchase Details

Closed on
Jul 10, 2003
Sold by
Burg Robert S
Bought by
Mowry Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2002
Sold by
Burg Elsa M
Bought by
Burg Robert S

Purchase Details

Closed on
Sep 25, 2002
Sold by
Mcw Orchidhouse Llc
Bought by
Burg Robert S
Source: Public Records

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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
Baptiste Alexander $450,000 First American Title Insurance
Baron Casey Love -- None Available
Baron Casey L $336,500 Old Republic Title Agency
Mowry Michael S $292,500 First American Title Ins Co
Burg Robert S -- First American Title
Burg Robert S $259,578 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mowry Michael S $188,700
Previous Owner Mowry Michael S $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $450,000 -8.0% $384 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $489,000 +45.3% $417 / Sq Ft
06/30/2020 06/30/20 Sold $336,500 -2.5% $287 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $345,000 -- $294 / 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 $3,456 $35,685 -- --
2024 $3,413 $20,340 -- --
2023 $3,413 $35,220 $7,040 $28,180
2022 $3,788 $31,310 $6,260 $25,050
2021 $3,814 $30,570 $6,110 $24,460
2020 $3,214 $27,960 $5,590 $22,370
2019 $3,344 $28,250 $5,650 $22,600
2018 $3,582 $29,620 $5,920 $23,700
2017 $3,619 $31,110 $6,220 $24,890
2016 $3,602 $30,810 $6,160 $24,650
2015 $3,484 $32,280 $6,450 $25,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6518108

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-27-241