NOT LISTED FOR SALE

Estimated Value: $1,056,000 - $1,623,635

3 Beds
2.5 Baths
3,093 Sq Ft
436 Sq Ft Lot

Sale Details

Date Sold: May 17, 2018

Last sale price $1,300,000 $420 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,158 / mo

47 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Parking
  • Property is near public transit and bus stop
  • Above Ground Spa
  • City Lights View
  • 1-minute walk to Ragsdale-MLK Park

About This Home

As of May 2018

Enjoy spectacular views from this exceptional 3,093 sqft. Penthouse condominium at Orchid House. High 13' ceilings, floor-to-ceiling glass, spacious split floor plan, 3 private balconies, Viking grill and cooking area located on the kitchen balcony, outdoor hot tub on the master bedroom balcony, dining & sitting area on the living room balcony, direct elevator access into the unit, Lutron controlled lighting, motorized privacy shades, storm shutters, custom Curly Birdseye Maple kitchen cabinets, granite countertops, all located in the heart of vibrant Tempe, just blocks from Tempe Town Lake, Tempe Beach Park, ASU campus, and all of the wonderful restaurants and entertainment Tempe has to offer. This is a truly rare and remarkable property.

Last Agent to Sell the Property

Johnathon De Young

Russ Lyon Sotheby's International Realty License #SA637637000 Listed on: 01/28/2018

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Johnathon De Young

Russ Lyon Sotheby's International Realty License #SA637637000 Listed on: 01/28/2018

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,192

Year Built

  • Built in 2003

Lot Details

  • End Unit

Parking

  • 2 Car Garage
  • Gated Parking
  • Assigned Parking

Home Design

  • Tile Roof
  • Reflective Roof
  • Foam Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 3,093 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Double Pane Windows
  • Tinted Windows
  • Roller Shields
  • City Lights Views
  • Smart Home

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Hallway
  • Stepless Entry

Outdoor Features

  • Above Ground Spa
  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Location

  • Unit is on the top floor
  • Property is near public transit and bus stop

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Filtration System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 700
  • Assessor Parcel Number 132-27-335

Community Details

Overview

  • Property has a Home Owners Association
  • Colliers Intl Association
  • High-Rise Community
  • Built by BROWNSTONE RES.
  • Lofts At Orchidhouse Subdivision

Recreation

  • Bike Trail

Security

  • Security Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,192

Year Built

Built in 2003

Lot Details

436 Sq Ft Lot

Parking

2

Listing Details

  • Cross Street: MILL AVENUE & 6TH STREET
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 815.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2012
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2012
  • Items Updated Ht Cool Yr Updated: 2012
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2012
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2015
  • Items Updated Wiring Yr Updated: 2012
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2003
  • Tax Year: 2017
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.01
  • Subdivision Name: LOFTS AT ORCHIDHOUSE
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 420.3
  • Association Fees:HOA Fee2: 815.0
  • Windows:Dual Pane: Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Technology:Smart Home System: Yes
  • Building Style:High Rise: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Above Ground
  • Accessibility Features: Zero-Grade Entry, Accessible Hallway(s)
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Other, See Remarks
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), 9+ Flat Ceilings, Drink Wtr Filter Sys, Elevator, Furnished(See Rmrks), Fire Sprinklers, Roller Shields, Kitchen Island, Pantry, Full Bth Master Bdrm, High Speed Internet, Smart Home, Granite Counters
  • Living Area: 3093.0
  • Stories: 1
  • Window Features: Double Pane Windows, Tinted Windows
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Engy Star (See Rmks)2: Yes
  • Fireplace:Other (See Remarks)14: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Covered Patio(s), Patio, Built-in Barbecue
  • Pool Features: None
  • View: City Lights
  • Disclosures: None
  • Common Walls: Neighbor Below, End Unit
  • Construction Type: Other, See Remarks, Frame - Metal
  • Roof: Reflective Coating, Tile, Foam
  • Construction:Frame - Metal: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned, Gated
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Security: Security Guard
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • 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:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1630.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Colliers Intl
  • Association Fees:HOA Management Phone: Colliers Intl
  • 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

Schools

  • Elementary School: Broadmor Elementary School
  • High School: Tempe High School
  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 396.0
  • Parcel #: 132-27-335
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: BROWNSTONE RES.

Tax Info

  • Tax Annual Amount: 11192.0
  • Tax Book Number: 132.00
  • Tax Lot: 700
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2018
Closed on
Apr 12, 2018
Sold by
Clees Joseph T and The Joseph T Clees Living Trus
Bought by
Ortiz Darcy L and Ortiz Mark A
Seller's Agent
Johnathon De Young
Russ Lyon Sotheby's International Realty
Buyer's Agent
Johnathon De Young
Russ Lyon Sotheby's International Realty
List Price
$1,500,000
Sold Price
$1,300,000
Premium/Discount to List
-$200,000
-13.33%
Current Estimated Value
$1,334,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,602
Avg. Annual Appreciation
0.37%
Original Mortgage
$1,040,000
Outstanding Balance
$873,999
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$464,660

Purchase Details

Listed on
Feb 1, 2016
Closed on
Nov 10, 2016
Sold by
Eink Todd F
Bought by
Clees Joseph T
Seller's Agent
Johnathon De Young
Russ Lyon Sotheby's International Realty
Buyer's Agent
Johnathon De Young
Russ Lyon Sotheby's International Realty
List Price
$1,545,000
Sold Price
$1,335,000
Premium/Discount to List
-$210,000
-13.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.77%

Purchase Details

Closed on
May 30, 2008
Sold by
Einck Nahid
Bought by
Einck Todd F

Purchase Details

Closed on
Apr 25, 2007
Sold by
Jackson Randall B and Jackson Melodie O
Bought by
Einck Todd F and Einck Nahid

Purchase Details

Closed on
Feb 25, 2005
Sold by
Kent Robert M and Kent Margarite G
Bought by
Jackson Randall B and Jackson Melodie O

Purchase Details

Closed on
Sep 19, 2003
Sold by
Mcw Orchidhouse Llc
Bought by
Cutler Howard

Purchase Details

Closed on
Sep 18, 2003
Sold by
Cutler Howard C
Bought by
Kent Robert M and Kent Marguerite
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
Ortiz Darcy L $1,300,000 Greystone Title Agency Llc
Clees Joseph T $1,335,000 Greystone Title Agency Llc
Einck Todd F -- None Available
Einck Todd F $1,675,000 Westland Title Agency Az Inc
Jackson Randall B -- North American Title Company
Cutler Howard $730,446 First American Title Ins Co
Kent Robert M $900,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Darcy L $1,040,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2018 05/17/18 Sold $1,300,000 -6.8% $420 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
02/25/2018 02/25/18 Price Changed $1,395,000 +3.3% $451 / Sq Ft
02/24/2018 02/24/18 Price Changed $1,350,000 -6.9% $436 / Sq Ft
02/11/2018 02/11/18 Price Changed $1,450,000 -3.3% $469 / Sq Ft
01/27/2018 01/27/18 For Sale $1,500,000 +12.4% $485 / Sq Ft
11/18/2016 11/18/16 Sold $1,335,000 -6.3% $432 / Sq Ft View Prior Sale
10/29/2016 10/29/16 Pending -- -- --
10/06/2016 10/06/16 Price Changed $1,425,000 -4.7% $461 / Sq Ft
05/11/2016 05/11/16 Price Changed $1,495,000 -3.2% $483 / Sq Ft
02/01/2016 02/01/16 For Sale $1,545,000 0.0% $500 / Sq Ft
10/24/2015 10/24/15 Rented $13,000 +65.6% --
06/02/2015 06/02/15 For Rent $7,850 0.0% --
06/02/2015 06/02/15 Off Market $7,850 -- --
06/01/2015 06/01/15 For Rent $7,850 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $12,402 $108,481 -- --
2024 $11,405 $103,315 -- --
2023 $11,405 $105,370 $21,070 $84,300
2022 $10,916 $100,820 $20,160 $80,660
2021 $10,995 $100,650 $20,130 $80,520
2020 $10,643 $92,930 $18,580 $74,350
2019 $10,430 $80,950 $16,190 $64,760
2018 $11,553 $94,650 $18,930 $75,720
2017 $11,192 $96,150 $19,230 $76,920
2016 $11,109 $94,230 $18,840 $75,390
2015 $10,646 $91,170 $18,230 $72,940
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5715423

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-27-335

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