$558,000
SOLD FEB 27, 2019
2 Beds
2 Baths
1,492 Sq Ft
$596/mo HOA Fee

Recently Sold

$374 Per Sq Ft

11% Below List Price

112 Days on Market

Highlights

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

About This Home

As of November 2021

Truly one of a kind terrace style home at the Orchidhouse Lofts. The amazing outdoor terrace is breathtaking. It includes a large outdoor kitchen w/ island, water feature, and artificial grass built to drain for a pet. Inside the large open loft provides a Master Suite and Master Bath that will surely impress. The huge walk in closet is a custom made beauty. The Den includes 2 computer workstations. The many upgrades are impressive & include, etched glass, beautiful brick, 11 ft ceilings, large mechanical window shades, warm wood floors & high end lighting t/o. Enjoy the Miele appliances while cooking in the open Chefs kitchen with butcher block island. The property is zoned ''Live/Work'' for those entrepreneurs looking for a hip & modern office space. Too many custom touches to list all.

Last Agent to Sell the Property

Laina Ackerman

eXp Realty License #SA523045000 Listed on: 10/24/2018

eXp Realty

Co-Listed By

Del Rounds

RE/MAX Fine Properties License #SA104553000

Last Buyer's Agent

Kari Salvato

Coldwell Banker Realty License #SA566651000

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,134

Year Built

  • Built in 2002

Lot Details

  • End Unit
  • Two or More Common Walls
  • Artificial Turf

HOA Fees

  • $596 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Garage
  • Community Parking Structure

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Foam Roof

Interior Spaces

  • 1,492 Sq Ft Home
  • Double Pane Windows
  • Mechanical Sun Shade
  • Solar Screens
  • Mountain Views
  • Smart Home

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Patio
  • Built-In Barbecue

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 507
  • Assessor Parcel Number 132-27-266

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, gas, trash, water, roof replacement, maintenance exterior
  • Management Trust Association, Phone Number (480) 284-5551
  • High-Rise Condominium
  • Built by Orchidhouse
  • Lofts At Orchidhouse Subdivision
  • 7-Story Property

Recreation

  • Bike Trail

Additional Features

  • Transportation Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,134

Year Built

Built in 2002

Lot Details

0

HOA Fees

$596 per month

Parking

2

Listing Details

  • Cross Street: University & Mill Avenue
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 595.85
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2015
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2015
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2015
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2015
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2002
  • Tax Year: 2018
  • Directions: North on Mill Ave, East on 6th Street, to Lofts at Orchidhouse. Door just left of Burger Rehab. Take elevator up to 5th Floor. Public Parking in underground garage as well.
  • Property Sub Type: Apartment
  • Horses: No
  • Co List Office Mls Id: rmfp03
  • Co List Office Phone: 480-792-9500
  • Subdivision Name: Lofts at Orchidhouse
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 595.85
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Possible Use: Other
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Eat-in Kitchen, Elevator, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 1492.0
  • Stories: 7
  • Window Features: Solar Screens, Dual Pane, Mechanical Sun Shds
  • Kitchen Features:RangeOven Elec: 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
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • Community Features:Transportation Svcs: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Built-in Barbecue
  • Lot Features: Corner Lot, Synthetic Grass Back
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Below, Neighbor Above, End Unit
  • Construction Type: Brick Veneer, Other, Steel Frame, Brick
  • Patio And Porch Features: Patio
  • Roof: Foam
  • Construction:Frame - Metal: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • 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, Biking/Walking Path
  • Association Fee: 595.85
  • Association Fee Frequency: Monthly
  • Association Name: Management Trust
  • Phone: 480-284-5551
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Management Trust
  • Association Fees:HOA Telephone4: 480-284-5551
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1191.7
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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
  • Parcel #: 132-27-266

Building Info

  • Builder Name: Orchidhouse

Tax Info

  • Tax Annual Amount: 5134.0
  • Tax Book Number: 132.00
  • Tax Lot: 507
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Oct 18, 2021
Sold by
Dong Erik R
Bought by
Price Scott
Seller's Agent
Dustin Anderson
Realty Executives Arizona Territory
Buyer's Agent
Dustin Anderson
Realty Executives Arizona Territory
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$674,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,912
Avg. Annual Appreciation
-2.40%

Purchase Details

Listed on
Nov 7, 2019
Closed on
Dec 16, 2019
Sold by
Crittenden Sandra J and Sandra J Crittenden Revocable
Bought by
Dong Erik R
Seller's Agent
Kari Salvato
Coldwell Banker Realty
Buyer's Agent
Dustin Anderson
Realty Executives Arizona Territory
List Price
$675,000
Sold Price
$635,000
Premium/Discount to List
-$40,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$475,200
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2019
Sold by
Crittenden Sandra J
Bought by
Sandra J Crittenden Revocbale Trust

Purchase Details

Listed on
Oct 24, 2018
Closed on
Feb 25, 2019
Sold by
Deck Llc
Bought by
Crittenden Sandra J
Seller's Agent
Laina Ackerman
eXp Realty
Buyer's Agent
Kari Salvato
Coldwell Banker Realty
List Price
$625,000
Sold Price
$558,000
Premium/Discount to List
-$67,000
-10.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%

Purchase Details

Closed on
Sep 2, 2016
Sold by
Roseshield Insurance Company Inc
Bought by
Deck Llc

Purchase Details

Closed on
Oct 27, 2014
Sold by
Desert Troon Limited Llc
Bought by
Roseshield Insurance Company Inc

Purchase Details

Closed on
Jul 19, 2011
Sold by
Deck Llc
Bought by
Desert Troon Limited Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.45%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 8, 2010
Sold by
Erickson Tyler
Bought by
Deck Llc

Purchase Details

Closed on
Nov 8, 2002
Sold by
Mcw Orchidhouse Llc
Bought by
Erickson Tyler B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,819
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
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 Type Sale Price Title Company
Warranty Deed $750,000 Clear Title Agency Of Az
Warranty Deed $635,000 American Title Svc Agcy Llc
Interfamily Deed Transfer -- None Available
Warranty Deed $558,000 American Title Service Agenc
Cash Sale Deed $750,000 Lawyers Title Of Arizona Inc
Cash Sale Deed $800,000 Lawyers Title Of Arizona Inc
Special Warranty Deed $1,000,000 Lawyers Title Of Arizona Inc
Cash Sale Deed $950,000 Lawyers Title Insurance Corp
Special Warranty Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Previous Owner $475,200 New Conventional
Previous Owner $59,400 Stand Alone Second
Previous Owner $500,000 Seller Take Back
Previous Owner $419,819 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $750,000 0.0% $503 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $750,000 +18.1% $503 / Sq Ft
12/20/2019 12/20/19 Sold $635,000 -5.9% $423 / Sq Ft
11/07/2019 11/07/19 For Sale $675,000 +21.0% $450 / Sq Ft
02/27/2019 02/27/19 Sold $558,000 -7.0% $374 / Sq Ft
01/02/2019 01/02/19 Price Changed $599,900 -4.0% $402 / Sq Ft
10/24/2018 10/24/18 For Sale $625,000 -- $419 / 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 $3,095 $31,960 -- --
2024 $4,584 $30,438 -- --
2023 $4,584 $45,230 $9,040 $36,190
2022 $4,372 $40,600 $8,120 $32,480
2021 $5,007 $39,850 $7,970 $31,880
2020 $4,855 $36,700 $7,340 $29,360
2019 $5,078 $37,270 $7,450 $29,820
2018 $5,631 $40,360 $8,070 $32,290
2017 $5,520 $41,950 $8,390 $33,560
2016 $5,481 $37,500 $7,500 $30,000
2015 $5,265 $37,500 $7,500 $30,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5837544

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-27-266