$325,000
UNDER CONTRACT $25K PRICE DROP

Estimated payment $2,373/month

Total Views 989
2 Beds
2 Baths
1,374 Sq Ft
$237 Price per Sq Ft

Highlights

  • The property is located in a historic district
  • Gated Community
  • Property is near public transit
  • Phoenix Coding Academy Rated A
  • Mountain View
  • End Unit

About This Home

Don't miss the chance to own a stunning and remodeled mid-century modern home in the heart of Phoenix's historic Melrose District! This spacious 2-bed, 2 bath, 1374 sq ft condo offers a convenient, modern living lifestyle. Enjoy a tranquil living space with soundproof floors, a corner unit providing a light-filled layout, and a sleek kitchen featuring quartz counters, cherry cabinets, stainless steel appliances and open access to the dining and living space for seamless entertaining. The primary suite offers dual closets, a glass shower ensuite bath, and convenient balcony access. Relax on your patio with rare downtown and mountain views, plus extra storage. With only 25 units, pool, and gated parking, this gem is centrally located near fabulous dining, shops, light rail, and more!

Listing Agent

Matthew Potter

Real Broker License #SA647555000 Listed on: 08/02/2025

Real Broker

Co-Listing Agent

Nicole Allen

Real Broker License #SA586945000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1961

Lot Details

  • End Unit
  • Desert faces the back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $458 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,374 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Mountain Views
  • Built-In Microwave

Flooring

  • Floors Updated in 2023
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Updated in 2022
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony

Location

  • Property is near public transit
  • The property is located in a historic district

Schools

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

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, roof replacement, maintenance exterior
  • Pierre On 5Th Association, Phone Number (602) 861-5980
  • Pierre On 5Th Avenue Condominium Amd Subdivision

Recreation

  • Heated Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,900

Year Built

Built in 1961

Lot Details

0

HOA Fees

$458 per month

Listing Details

  • Cross Street: Osborn & 5th Avenue
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 458.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2022
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2023
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1961
  • Tax Year: 2024
  • 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
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: realbr001
  • Co List Office Phone: 602-755-3415
  • Subdivision Name: PIERRE ON 5TH AVENUE CONDOMINIUM AMD
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 458.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Listing Cond:Short Sale: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: 140

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, 3/4 Bath Master Bdrm
  • Living Area: 1374.0
  • Stories: 3
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Desert Back, Grass Front
  • Pool Private: No
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: End Unit
  • Construction Type: Stucco, Painted, Block
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

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

  • Community Features: Gated, Near Light Rail Stop, Historic District
  • Association Fee: 458.0
  • Association Fee Frequency: Monthly
  • Association Name: Pierre on 5th
  • 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
  • Association Fees:HOA Telephone4: 6028615980
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 894.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • 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:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Trash, Roof Replacement, 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: 1405.0
  • Parcel #: 118-30-338

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1900.0
  • Tax Book Number: 118.00
  • Tax Lot: 307
  • Tax Map Number: 30.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

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)

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

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6901266

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-30-338