NOT LISTED FOR SALE

Estimated Value: $446,917 - $502,000

1 Bed
1 Bath
1,048 Sq Ft
$377/mo HOA Fee

Last Sold September 03, 2020

Last sale price $326,000 $311 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,204/month

113 Days on Market

Highlights

  • Unit is on the top floor
  • Contemporary Architecture
  • Ceiling height of 9 feet or more
  • City Lights View
  • Wood Flooring
  • 1-minute walk to Ragsdale-MLK Park

About This Home

As of September 2020

The Lofts at the Orchidhouse offers all that the urbanite is looking for: Walkability, Sustainability, Community & Personality. Combine this with modern urban styling of wood flooring, @11 foot ceilings, exposed ductwork & concrete & a unique ''Live/Work'' zoning, and you have a one-of-a-kind space for living or working. This 1,048 s.f. space offers spectacular loft style living in the heart of Downtown Tempe wrapped inside brick warehouse style architecture. Boasting stunning views of an ever changing skyline from its large, operable Southern windows. The Orchidhouse Lofts are just off Mill Avenue's shops & bistros, the Metro light rail, the forthcoming Mill Ave Streetcar, Whole Foods, ASU, and everything else downtown has to offer!

Last Agent to Sell the Property

Tom Tokoph

Urban Realty & Development, LLC Brokerage Phone: 602-549-9000 License #BR114305000 Listed on: 04/08/2020

Last Buyer's Agent

Garett Chatham

eXp Realty License #SA666277000

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,885

Year Built

  • Built in 2002

Lot Details

  • 871

HOA Fees

  • $377 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
  • Metal Construction or Metal Frame

Interior Spaces

  • 1,048 Sq Ft Home
  • Ceiling height of 9 feet or more

Kitchen

  • Gas Cooktop
  • Built-In Microwave

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet

Additional Features

  • Two or More Common Walls
  • Unit is on the top floor

Listing and Financial Details

  • Tax Lot 623
  • Assessor Parcel Number 132-27-320

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, gas, trash, water, roof replacement, maintenance exterior
  • Kinney Management Association, Phone Number (480) 820-3451
  • Brickyard On Mill Association, Phone Number (602) 222-5020
  • Association Phone (602) 222-5020
  • High-Rise Condominium
  • Built by Brownstone Residential
  • Lofts At Orchidhouse Condominium Subdivision
  • 7-Story Property

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,885

Year Built

Built in 2002

Lot Details

0

HOA Fees

$377 per month

Parking

1

Listing Details

  • Cross Street: 6th Street & Mill Avenue
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • Association Fees Community Facilities District: N
  • HOA #2 Name: Brickyard On Mill
  • HOA #2 Phone Number: 602-222-5020
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 377.15
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2019
  • Directions: From Mill Ave & University take Mill Ave to 6th Street, East of 6th Street to 7 story brick Orchidhouse building.
  • Attribution Contact: 602-549-9000
  • Property Sub Type: Loft Style
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: LOFTS AT ORCHIDHOUSE CONDOMINIUM
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 377.15
  • Construction Brick: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 9+ Flat Ceilings, Elevator, Fire Sprinklers, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1048.0
  • Stories: 7
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

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

  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee Frequency: Annually
  • Association Fee: 377.15
  • Association Fee Frequency: Monthly
  • Association: Brickyard On Mill
  • Association Name: Lofts at Orchidhouse
  • Association Phone #2: 602-222-5020
  • 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: Lofts at Orchidhouse
  • Association Fees:HOA Telephone4: 480-820-3451
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 754.3
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Kinney Management
  • 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:Pest Control: Yes
  • Association Fee Incl:Gas6: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, 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: 1047.0
  • Parcel #: 132-27-320
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Brownstone Residential

Tax Info

  • Tax Annual Amount: 2885.0
  • Tax Book Number: 132.00
  • Tax Lot: 623
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
Aug 26, 2020
Sold by
Lehr Bruce K
Bought by
Wang Margaret and Wu Cheng Kong
Seller's Agent
Tom Tokoph
Urban Realty & Development, LLC
Buyer's Agent
Garett Chatham
eXp Realty
List Price
$349,900
Sold Price
$326,000
Premium/Discount to List
-$23,900
-6.83%
Total Days on Market
113
Current Estimated Value
$469,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,318
Avg. Annual Appreciation
7.62%
Original Mortgage
$260,800
Outstanding Balance
$234,448
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$229,031

Purchase Details

Closed on
Oct 16, 2012
Sold by
Lehr Bruce
Bought by
Lehr Brucek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,650
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2006
Sold by
Lehr Bruce
Bought by
Lehr Bruce and Bruce Lehr Living Trust

Purchase Details

Closed on
Jun 30, 2005
Sold by
Lee Brandon Michael and Rubin Kathryn
Bought by
Lehr Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2002
Sold by
Mcw Orchidhouse Llc
Bought by
Lee Brandon Michael and Rubin Kathryn Lee
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
Wang Margaret $326,000 Title Alliance Platinum Agcy
Lehr Brucek -- First Arizona Title Agency
Lehr Bruce -- None Available
Lehr Bruce $400,000 Security Title Agency Inc
Lee Brandon Michael $256,441 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Margaret $260,800
Previous Owner Lehr Brucek $287,650
Previous Owner Lehr Bruce $74,000
Previous Owner Lehr Bruce $320,000
Closed Lehr Bruce $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2020 09/03/20 Sold $326,000 -4.1% $311 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
06/23/2020 06/23/20 Price Changed $339,900 -2.9% $324 / Sq Ft
04/07/2020 04/07/20 For Sale $349,900 0.0% $334 / Sq Ft
05/15/2014 05/15/14 Rented $1,595 0.0% --
05/05/2014 05/05/14 Under Contract -- -- --
03/28/2014 03/28/14 For Rent $1,595 +6.3% --
04/01/2012 04/01/12 Rented $1,500 -11.5% --
03/25/2012 03/25/12 Under Contract -- -- --
02/01/2012 02/01/12 For Rent $1,695 -- --
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 $2,455 $30,848 -- --
2024 $3,414 $29,379 -- --
2023 $3,414 $30,770 $6,150 $24,620
2022 $3,275 $27,230 $5,440 $21,790
2021 $3,297 $26,520 $5,300 $21,220
2020 $2,778 $24,170 $4,830 $19,340
2019 $2,885 $24,370 $4,870 $19,500
2018 $3,199 $26,450 $5,290 $21,160
2017 $3,329 $27,750 $5,550 $22,200
2016 $3,313 $27,800 $5,560 $22,240
2015 $3,205 $29,480 $5,890 $23,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6063189

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-27-320