NOT LISTED FOR SALE

387 N 2nd Ave Unit 2I Phoenix, AZ 85003

Downtown Phoenix Neighborhood

Estimated Value: $458,000 - $533,000

2 Beds
2.5 Baths
1,310 Sq Ft
$394/mo HOA Fee

Last Sold November 13, 2020

Last sale price $359,000 $274 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,185/month

9 Days on Market

Highlights

  • The property is located in a historic district
  • Gated Community
  • Contemporary Architecture
  • Phoenix Coding Academy Rated A
  • Mountain View
  • 4-minute walk to Civic Space Park

About This Home

As of November 2020

Unique loft-style building, Award Winning Roosevelt Historic District, and walking distance to downtown arts, sports, theater, restaurants, and other entertainment. The first true loft conversion in Phoenix, Fillmore offers beautiful exposed brick and ductwork, wood floors, modern kitchen w/stainless steel appliances, two remodeled baths upstairs and remodeled half bath on first level, and a private garage w/storage + covered carport. ELFA desk and pantry system, along with CLASSY closet system in Master closet. Spacious deck takes advantage of the southern skyline and mountain view. One block away from Light Rail and ASU Downtown, two blocks away from Civic Space 2.7acre $30MM park.

Last Agent to Sell the Property

Greg Remmers

RE/MAX Fine Properties License #BR628841000 Listed on: 10/01/2020

RE/MAX Fine Properties

Last Buyer's Agent

Christopher Altman

Keller Williams Arizona Realty License #BR643720000

Keller Williams Arizona Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,690

Year Built

  • Built in 2001

Lot Details

  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $394 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • 1 Carport Space
  • Oversized Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 1,310 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Solar Screens
  • Wood Flooring
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Balcony

Location

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

Schools

  • Kenilworth Elementary School
  • Phoenix Prep Academy Middle School
  • Central High School

Utilities

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

Listing and Financial Details

  • Tax Lot 2I
  • Assessor Parcel Number 111-42-134

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Lofts At Fillmore Association, Phone Number (480) 948-5860
  • Lofts At Fillmore Subdivision, Loft Floorplan

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,690

Year Built

Built in 2001

Lot Details

0

HOA Fees

$394 per month

Parking

1

Listing Details

  • Cross Street: Central and Roosevelt Ave
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 394.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Tax Year: 2020
  • Directions: West on Central to Roosevelt, South on 2nd Ave, Corner of 2nd and Fillmore.
  • Master Model: Loft
  • Property Sub Type: Loft Style
  • Horses: No
  • Lot Size Acres: 0.01
  • Subdivision Name: LOFTS AT FILLMORE
  • Architectural Style: Other, Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 394.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Pantry, Full Bth Master Bdrm
  • Living Area: 1310.0
  • Stories: 2
  • Window Features: Skylight(s), Solar Screens
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Historic District: 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
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Brick
  • Roof: Rolled/Hot Mop
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Extended Length Garage, Detached
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features:Detached: Yes
  • Parking Features:Extended Length Garage: Yes

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, Near Bus Stop, Historic District
  • Association Fee: 394.0
  • Association Fee Frequency: Monthly
  • Association Name: Lofts at Fillmore
  • Phone: 480-948-5860
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 187.5
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lofts at Fillmore
  • Association Fees:HOA Telephone4: 480-948-5860
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Front Yard Maint: 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:Pest Control: Yes

Fee Information

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

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 393.0
  • Parcel #: 111-42-134

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1690.0
  • Tax Book Number: 111.00
  • Tax Lot: 2I
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 10, 2020
Sold by
Kerman Scott G and Kerman Kara M
Bought by
Adelman Jennifer Kaye and Gutierrez Rick Joseph
Seller's Agent
Greg Remmers
RE/MAX Fine Properties
Buyer's Agent
Christopher Altman
Keller Williams Arizona Realty
List Price
$369,500
Sold Price
$359,000
Premium/Discount to List
-$10,500
-2.84%
Current Estimated Value
$496,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,642
Avg. Annual Appreciation
6.89%
Original Mortgage
$287,200
Outstanding Balance
$255,567
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$241,075

Purchase Details

Closed on
Oct 3, 2019
Sold by
Kerman Scott G and Kerman Kara M
Bought by
Kerman Scott G and Kerman Kara M

Purchase Details

Closed on
Nov 13, 2006
Sold by
Kerman Scott and Kerman Kara M
Bought by
Kerman Scott G and Kerman Kara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,150
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2002
Sold by
Leven Kara M
Bought by
Kerman Scott and Leven Kara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Interest Rate
7.17%

Purchase Details

Closed on
Jul 6, 2000
Sold by
The Lofts At Fillmore Llc
Bought by
Leven Kara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,380
Interest Rate
8.55%
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
Adelman Jennifer Kaye $359,000 Valleywide Title Agency
Kerman Scott G -- None Available
Kerman Scott G -- None Available
Kerman Scott -- Chicago Title Insurance Co
Leven Kara M $222,975 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adelman Jennifer Kaye $287,200
Previous Owner Kerman Scott G $180,150
Previous Owner Kerman Scott $182,500
Previous Owner Leven Kara M $178,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $359,000 -2.8% $274 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $369,500 -- $282 / 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 $1,761 $12,793 -- --
2024 $1,743 $12,184 -- --
2023 $1,743 $32,550 $6,510 $26,040
2022 $1,668 $25,280 $5,050 $20,230
2021 $1,641 $24,150 $4,830 $19,320
2020 $1,690 $23,300 $4,660 $18,640
2019 $1,681 $23,270 $4,650 $18,620
2018 $1,656 $20,720 $4,140 $16,580
2017 $1,594 $18,660 $3,730 $14,930
2016 $1,547 $16,080 $3,210 $12,870
2015 $1,405 $12,070 $2,410 $9,660
Source: Public Records

Agents Affiliated with this Home

  • Greg Remmers

    Seller's Agent in 2020

    Greg Remmers

    RE/MAX

    (480) 381-1638

    1 in this area

    7 Total Sales

    Greg Remmers
    Section Image
  • Christopher Altman

    Buyer's Agent in 2020

    Christopher Altman

    Keller Williams Arizona Realty

    (602) 819-7877

    2 in this area

    42 Total Sales

    Christopher Altman
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6137616

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-42-134

Arizona Maricopa County Phoenix 85003 Downtown Phoenix

387 N 2nd Ave Unit 2I, Phoenix, AZ

This home is located at 387 N 2nd Ave Unit 2I, Phoenix, AZ 85003 since 01 October 2020 and is currently estimated at $496,642, approximately $379 per square foot. This property was built in 2001. 387 N 2nd Ave Unit 2I is a home located in Maricopa County with nearby schools including Kenilworth Elementary School, Phoenix Coding Academy, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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