$407,500
SOLD OCT 24, 2023
2 Beds
2 Baths
1,374 Sq Ft
$382/mo HOA Fee

Recently Sold

$297 Per Sq Ft

2% Above List Price

34 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Community
  • Property is near public transit
  • Phoenix Coding Academy Rated A
  • Mountain View
  • End Unit

About This Home

As of October 2023

You have a rare opportunity to own a mid-century modern penthouse built with a modern feel in the historic Phoenix Melrose District! The charming concrete panels that adorn the classy Pierre midcentury style and beauty was a classic design. It was built with precast soundproof slabs between the floors to maintain a tranquil living environment. A secure entrance through the welcoming air-conditioned lobby where you can take the elevator to the 3rd-floor to find this very spacious updated two-bedroom 1374 sq ft. condo! The home has a light and bright feel with 3 sliding doors and a beautiful kitchen that offers warm tones with upgraded quartz counters, cherry cabinets with pull out shelves, and stainless appliances. The primary suite boasts roomy dual closets with built-in shelving and ensuite bath with glass shower doors, large vanity and a room has exit to the balcony. The second full bath features a beautiful tub/shower with updated tile and glass doors. The patio offers 2 good size storage rooms for extras. Enjoy the amazing downtown views, a peak of mountain views and sparkling pool! With only 26 units there is a real sense of community. New stackable washer/dryer, new bedroom carpet, 1 covered/gated parking space #17, additional on-site, full-size laundry, and optional storage rental space. All of this is centrally located in the heart of downtown Phoenix, offering a wide array of eateries, Sprouts, Natural Grocers, close to light rail, Starbucks, freeways, airport & local hospitals.

Last Agent to Sell the Property

Jacqueline Black-Hogue

Better Homes & Gardens Real Estate SJ Fowler License #SA625152000 Listed on: 08/30/2023

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Jonathan Headings

West USA Realty License #SA695763000

West USA Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,841

Year Built

  • Built in 1961

Lot Details

  • End Unit
  • Two or More Common Walls
  • Wrought Iron Fence

HOA Fees

  • $382 Monthly HOA Fees

Home Design

  • Designed by Mid Century Modern Architects
  • Built-Up Roof
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 1,374 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Solar Screens
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Floors Updated in 2023
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Pool Updated in 2023
  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Location

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

Schools

  • Encanto Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Central Air
  • Heating Available
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 307
  • Assessor Parcel Number 118-30-338

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, front yard maint, trash, maintenance exterior
  • Desert Realty Assoc Association, Phone Number (602) 861-5980
  • Built by Stanton Fields & Co
  • Pierre On 5Th Avenue Condominium Amd Subdivision, Mid Century Modern Floorplan

Recreation

  • Community Pool

Additional Features

  • Coin Laundry
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,841

Year Built

Built in 1961

Lot Details

0

HOA Fees

$382 per month

Listing Details

  • Cross Street: Osborn & 5th Avenue
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Mid Century Modern
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 382.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2023
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2023
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1961
  • Tax Year: 2022
  • Directions: 7th Ave North to Osborn go East on Osborn then North on 5th Ave to property on left. Park in street and proceed to lobby door.
  • Master Model: MID CENTURY MODERN
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: PIERRE ON 5TH AVENUE CONDOMINIUM AMD
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 382.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Breakfast Bar, 9+ Flat Ceilings, Elevator, No Interior Steps, Soft Water Loop, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 1374.0
  • Stories: 3
  • Window Features: Solar Screens, Dual Pane, Vinyl Frame
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Coin-Op Laundry: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Storage
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Below, End Unit
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Built-Up, Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Pool, Near Light Rail Stop, Near Bus Stop, Coin-Op Laundry
  • Association Fee: 382.0
  • Association Fee Frequency: Monthly
  • Association Name: Pierre on 5th Condo
  • Phone: 602-861-5980
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Pierre on 5th Condo
  • Association Fees:HOA Telephone4: (602) 861-5980
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 382.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Desert Realty Assoc
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Front Yard Maint, Trash, Maintenance Exterior

Schools

  • Elementary School: Encanto School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1374.0
  • Parcel #: 118-30-338

Building Info

  • Builder Name: Stanton Fields & Co

Tax Info

  • Tax Annual Amount: 1841.0
  • Tax Book Number: 118.00
  • Tax Lot: 307
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Jul 6, 2018
Sold by
Turner Tina M
Bought by
Benham Roberta
Seller's Agent
Mark Deacon
Veteran Home Advantage
Buyer's Agent
Jacqueline Black-Hogue
Better Homes & Gardens Real Estate SJ Fowler
List Price
$239,900
Sold Price
$225,000
Premium/Discount to List
-$14,900
-6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$220,924
Outstanding Balance
$196,216
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$167,213

Purchase Details

Listed on
Oct 3, 2016
Closed on
Nov 14, 2016
Sold by
Gatzemeier Kallie
Bought by
Turner Tina M
Seller's Agent
Christopher Silva
Niksi
Buyer's Agent
Mark Deacon
Veteran Home Advantage
List Price
$216,995
Sold Price
$210,000
Premium/Discount to List
-$6,995
-3.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$178,062
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 23, 2014
Closed on
Aug 13, 2014
Sold by
Greeley Richard J
Bought by
Gatzemeier Kallie
Seller's Agent
Tony Werstler
Jason Mitchell Real Estate
Buyer's Agent
Butch Leiber
Rev Residential Brokerage
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%
Original Mortgage
$181,800
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2010
Sold by
Fifth On Pierre Llc
Bought by
Greeley Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,378
Interest Rate
4.5%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $225,000 American Title Service Agenc
Warranty Deed $210,000 American Title Svc Agency Ll
Warranty Deed $202,000 Driggs Title Agency Inc
Special Warranty Deed $121,900 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,924 FHA
Previous Owner $178,062 FHA
Previous Owner $181,800 New Conventional
Previous Owner $118,300 New Conventional
Previous Owner $120,378 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2025 08/09/25 Price Changed $325,000 -7.1% $237 / Sq Ft
08/02/2025 08/02/25 For Sale $350,000 -14.1% $255 / Sq Ft
10/24/2023 10/24/23 Sold $407,500 -0.1% $297 / Sq Ft
10/07/2023 10/07/23 Price Changed $408,000 +2.0% $297 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $399,900 0.0% $291 / Sq Ft
07/07/2020 07/07/20 Rented $1,750 0.0% --
06/24/2020 06/24/20 Under Contract -- -- --
06/17/2020 06/17/20 Price Changed $1,750 -45.3% $1 / Sq Ft
05/09/2020 05/09/20 For Rent $3,200 0.0% --
07/13/2018 07/13/18 Sold $225,000 -6.2% $164 / Sq Ft
05/17/2018 05/17/18 For Sale $239,900 +14.2% $175 / Sq Ft
12/02/2016 12/02/16 Sold $210,000 -3.2% $153 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $216,995 +8.5% $158 / Sq Ft
08/30/2014 08/30/14 Sold $200,000 -4.8% $146 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $210,000 -- $153 / 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 $1,921 $17,411 -- --
2024 $1,849 $16,582 -- --
2023 $1,849 $24,810 $4,960 $19,850
2022 $1,841 $20,810 $4,160 $16,650
2021 $1,895 $20,700 $4,140 $16,560
2020 $1,844 $19,360 $3,870 $15,490
2019 $1,758 $18,820 $3,760 $15,060
2018 $1,695 $17,210 $3,440 $13,770
2017 $1,542 $15,360 $3,070 $12,290
2016 $1,484 $17,110 $3,420 $13,690
2015 $1,383 $14,930 $2,980 $11,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6599425

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-30-338