NOT LISTED FOR SALE

Estimated Value: $489,000 - $520,000

1 Bed
2 Baths
1,203 Sq Ft
$473/mo HOA Fee

Last Sold November 24, 2020

Last sale price $385,000 $320 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,332/month

33 Days on Market

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 November 2020

This one of a kind, 1,203 sf, 5th Floor loft at the Orchidhouse is located in the heart of Downtown Tempe. Stunning 11 foot ceilings enclose this loft which includes large, operable windows facing North with ''knock your socks off'' views! The loft includes wood flooring, exposed concrete ceilings and ductwork and other modern touches. The open floor plan style, 1 Bedroom (convertible to a 2 bedroom!) and 2 bathroom sports an industrial look and is zoned ''Live/Work'' for entrepreneurs looking for a hip and modern space to office. The Orchidhouse Lofts are just off Mill Ave's many shops and restaurants, Whole Foods Market, the light rail, forthcoming Streetcar, ASU, and everything else downtown Tempe has to offer!

Last Agent to Sell the Property

Tom Tokoph

Urban Realty & Development, LLC Brokerage Phone: 602-549-9000 License #BR114305000 Listed on: 10/08/2020

Last Buyer's Agent

Alondra Churcher

DeLex Realty License #SA657155000

DeLex Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,837

Year Built

  • Built in 2002

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $473 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Built-Up Roof
  • Stone Exterior Construction

Interior Spaces

  • 1,203 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

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

  • Tax Lot 537
  • Assessor Parcel Number 132-27-296

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 Subdivision
  • 7-Story Property

Recreation

  • Bike Trail

Additional Features

  • Transportation Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,837

Year Built

Built in 2002

Lot Details

0

HOA Fees

$473 per month

Parking

2

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 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 472.77
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2020
  • Property Sub Type: Loft Style
  • Horses: No
  • Subdivision Name: Lofts at Orchidhouse
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 472.77
  • Construction Brick: Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: Other
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Eat-in Kitchen, 9+ Flat Ceilings, Elevator, 3/4 Bath Master Bdrm
  • Living Area: 1203.0
  • Stories: 7
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Near Bus Stop: 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
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: None
  • Common Walls: 1 Common Wall, Neighbor Below, Neighbor Above, End Unit
  • Construction Type: Brick Veneer, Other, Steel Frame, Stone, Brick
  • Roof: Built-Up
  • Construction:Frame - Metal: 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: Wshr/Dry HookUp Only
  • 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 Fee: 472.77
  • Association Fee Frequency: Monthly
  • Association Name: Kinney Management
  • Phone: 480-820-3451
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 295.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Kinney Management
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 945.54
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • 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: 120.0
  • Parcel #: 132-27-296

Building Info

  • Builder Name: Brownstone Residential

Tax Info

  • Tax Annual Amount: 3837.0
  • Tax Book Number: 132.00
  • Tax Lot: 537
  • Tax Map Number: 27.00

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2021
Sold by
Farrell Dean
Bought by
Farrell Dean and Ketacro Trust
Current Estimated Value
$502,037

Purchase Details

Listed on
Oct 8, 2020
Closed on
Nov 22, 2020
Sold by
Smith Shenandoah G
Bought by
Farrell Dean
Seller's Agent
Tom Tokoph
Urban Realty & Development, LLC
Buyer's Agent
Alondra Churcher
DeLex Realty
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%

Purchase Details

Listed on
Nov 19, 2014
Closed on
Nov 20, 2014
Sold by
Kelly Michael Wilson and Kelly Grace Delmonte
Bought by
Smith Shenandoah G
Seller's Agent
Tom Tokoph
Urban Realty & Development, LLC
Buyer's Agent
Tom Tokoph
Urban Realty & Development, LLC
Sold Price
$1,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.44%

Purchase Details

Closed on
Jul 23, 2010
Sold by
Kelly Michael W and Kelly Grace D
Bought by
Kelly Michael Wilson and Kelly Grace Delmonte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,100
Interest Rate
4.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2006
Sold by
Kelly Michael W and Kelly Grace D
Bought by
Kelly Michael Wilson and Kelly Grace Delmonte

Purchase Details

Closed on
Jan 24, 2003
Sold by
Keelan Patrick J
Bought by
Kelly Michael and Kelly Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,400
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2002
Sold by
Mcw Orchidhouse Llc
Bought by
Keelan Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,276
Interest Rate
6.24%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Farrell Dean -- None Available
Farrell Dean $385,000 Chicago Title Agency
Smith Shenandoah G $375,000 Security Title Agency
Kelly Michael Wilson -- Stewart Title & Trust Of Pho
Kelly Michael W -- Stewart Title & Trust Of Pho
Kelly Michael Wilson -- None Available
Kelly Michael $343,000 First American Title Ins Co
Keelan Patrick J $294,095 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Michael W $288,100
Previous Owner Kelly Michael $274,400
Previous Owner Keelan Patrick J $235,276
Closed Keelan Patrick J $44,114
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2020 11/24/20 Sold $385,000 -2.5% $320 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $395,000 0.0% $328 / Sq Ft
01/12/2016 01/12/16 Rented $2,085 0.0% --
12/03/2015 12/03/15 For Rent $2,085 +10.0% --
01/01/2015 01/01/15 Rented $1,895 -99.5% --
12/30/2014 12/30/14 Under Contract -- -- --
12/01/2014 12/01/14 Sold $375,000 0.0% $312 / Sq Ft View Prior Sale
11/18/2014 11/18/14 For Rent $1,895 0.0% --
10/17/2014 10/17/14 Pending -- -- --
10/06/2014 10/06/14 For Sale $396,000 -- $329 / 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 $2,772 $37,025 -- --
2024 $3,542 $35,262 -- --
2023 $3,542 $36,460 $7,290 $29,170
2022 $3,382 $32,450 $6,490 $25,960
2021 $3,449 $31,700 $6,340 $25,360
2020 $3,837 $29,010 $5,800 $23,210
2019 $3,995 $29,320 $5,860 $23,460
2018 $4,382 $31,410 $6,280 $25,130
2017 $4,443 $32,880 $6,570 $26,310
2016 $4,412 $32,680 $6,530 $26,150
2015 $4,238 $34,200 $6,840 $27,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6143869

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-27-296