NOT LISTED FOR SALE

Estimated Value: $384,000 - $456,000

1 Bed
1 Bath
882 Sq Ft
$436/mo HOA Fee

Last Sold October 12, 2023

Last sale price $425,000 $482 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,984/month

23 Days on Market

Highlights

  • Mountain View
  • Eat-In Kitchen
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • Tankless Water Heater
  • 1-minute walk to Ragsdale-MLK Park

About This Home

As of October 2023

Gorgeous remodel at The Lofts at Orchidhouse! 5th floor loft boasts amazing views & great sunlight from its expansive windows! 2016 custom remodel including wood floors, custom cabinetry, GE Monogram stainless steel appliances, Broan range hood & quartz countertops! New tankless hot water heater! This fully furnished & tastefully decorated loft is move-in ready! 11Ft ceilings & exposed ductwork! Reserved underground parking space! Perfect for someone looking for a LIVE/WORK space! Mill Avenue's shopping, dining & the Metro light rail, Tempe Streetcar, ASU and all of downtown Tempe's entertainment - right out your front door! Tempe Town Lake & Beach Park are a short walk away!

Last Agent to Sell the Property

Kevin Houston

HomeSmart License #SA575371000 Listed on: 08/31/2023

HomeSmart

Last Buyer's Agent

Alondra Churcher

DeLex Realty License #SA657155000

DeLex Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,745

Year Built

  • Built in 2002

HOA Fees

  • $436 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 882 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Flooring
  • Mountain Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Schools

  • Cecil Shamley Elementary And Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available
  • Plumbing System Updated in 2023
  • Tankless Water Heater

Community Details

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

Listing and Financial Details

  • Tax Lot 511
  • Assessor Parcel Number 132-27-270

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,745

Year Built

Built in 2002

Lot Details

0

HOA Fees

$436 per month

Parking

1

Listing Details

  • Cross Street: Mill Ave & 6th St
  • 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
  • Items Updated Plmbg Yr Updated: 2023
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2022
  • Directions: From Mill & 6th St east to 7 story brick building, Orchidhouse.
  • Property Sub Type: Loft Style
  • Horses: No
  • Subdivision Name: LOFTS AT ORCHIDHOUSE CONDOMINIUM
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 435.8
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: 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, 3/4 Bath Master Bdrm
  • Living Area: 882.0
  • Stories: 7
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Pool Private: No
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Steel Frame, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Construction:Frame - Metal: Yes

Garage/Parking

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

  • Amenities: Management
  • Association Fee: 435.8
  • Association Fee Frequency: Monthly
  • Association Name: Lofts at Orchidhouse
  • Phone: 480-820-3451
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 135.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lofts at Orchidhouse
  • Association Fees:HOA Telephone4: 480-820-3451
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 871.6
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 871.6
  • Association Fees:Disclosure Fees HOA: 265.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Exterior Mnt of Unit: 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

Fee Information

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

Schools

  • Elementary School: Cecil Shamley School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Cecil Shamley School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 88.0
  • Parcel #: 132-27-270
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Brownstone

Tax Info

  • Tax Annual Amount: 2745.0
  • Tax Book Number: 132.00
  • Tax Lot: 511
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2025
Sold by
Farrell Dean
Bought by
Ketacro Trust and Farrell
Total Days on Market
23
Current Estimated Value
$418,589

Purchase Details

Listed on
Aug 31, 2023
Closed on
Oct 12, 2023
Sold by
Sommer Investments Llc
Bought by
Ida N Farrell Space Cadet Trust and Farrell
Seller's Agent
Kevin Houston
HomeSmart
Buyer's Agent
Alondra Churcher
DeLex Realty
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.90%

Purchase Details

Closed on
Dec 6, 2010
Sold by
Persson Jerry
Bought by
Sommer Investments Llc

Purchase Details

Closed on
Apr 20, 2007
Sold by
Saindon Brad
Bought by
Persson Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
Smith Michael
Bought by
Saindon Brad

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
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2002
Sold by
Mcw Orchidhouse Llc
Bought by
Smith Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,300
Interest Rate
6.74%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Ketacro Trust -- None Listed On Document
Farrell Dean -- None Listed On Document
Ida N Farrell Space Cadet Trust $423,500 Security Title Agency
Sommer Investments Llc -- None Available
Persson Jerry $347,500 First American Title Ins Co
Saindon Brad $250,000 Title Partners Of Phoenix Ll
Smith Michael $175,908 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sommer Investments Llc $1,356,976
Previous Owner Sommer Investments Llc $500,000
Previous Owner Persson Jerry $278,000
Previous Owner Saindon Brad $200,000
Previous Owner Smith Michael $158,300
Closed Saindon Brad $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $425,000 -5.3% $482 / Sq Ft
09/24/2023 09/24/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $449,000 0.0% $509 / Sq Ft
07/02/2019 07/02/19 Rented $1,650 0.0% --
06/25/2019 06/25/19 For Rent $1,650 0.0% --
12/31/2018 12/31/18 For Rent $1,650 0.0% --
12/21/2018 12/21/18 Under Contract -- -- --
12/21/2018 12/21/18 Rented $1,650 -12.0% --
06/26/2017 06/26/17 Rented $1,875 +19.0% --
06/12/2017 06/12/17 Under Contract -- -- --
06/02/2017 06/02/17 Price Changed $1,575 -12.3% $2 / Sq Ft
05/22/2017 05/22/17 Price Changed $1,795 -5.3% $2 / Sq Ft
04/18/2017 04/18/17 For Rent $1,895 -- --
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 $2,504 $25,857 -- --
2024 $2,862 $24,626 -- --
2023 $2,862 $26,210 $5,240 $20,970
2022 $2,745 $23,030 $4,600 $18,430
2021 $2,764 $22,350 $4,470 $17,880
2020 $2,680 $20,260 $4,050 $16,210
2019 $2,773 $20,350 $4,070 $16,280
2018 $2,994 $21,460 $4,290 $17,170
2017 $3,186 $22,710 $4,540 $18,170
2016 $3,163 $22,750 $4,550 $18,200
2015 $3,038 $24,470 $4,890 $19,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6599404

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-27-270