$305,000
SOLD JUL 19, 2019
1 Bed
2 Baths
1,485 Sq Ft
$175/mo HOA Fee

Recently Sold

$205 Per Sq Ft

3% Below List Price

21 Days on Market

Highlights

  • Gated Parking
  • Contemporary Architecture
  • Wood Flooring
  • Phoenix Coding Academy Rated A
  • Property is near public transit
  • Double Pane Windows

About This Home

As of December 2022

Live!...Work!...Live/Work!!...All are options for this great loft. This is one of only 3 within the complex that zoning and CC&R's allow professional office use. The options are terrific with two baths~ one upstairs and one downstairs, great open space and split bedroom areas. This is currently a one bedroom, but office area can be closed off as second bedroom if wanted. The location is spectacular for a sports fan less than a block from the Arena and two blocks from the Stadium. The Warehouse District is rockin' with development and properties are getting rarer and rarer in this price point. Two, yes TWO parking spaces within this gated community and the HOA fee is low with a strong, financially healthy HOA. The soaring ceiling, brick walls and spectacular windows can't be beat!

Last Agent to Sell the Property

Sherry Rampy

Brokers Hub Realty, LLC License #BR102894000 Listed on: 05/25/2019

Last Buyer's Agent

James Flowers

Realty ONE Group License #SA525395000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 2004

Lot Details

  • Two or More Common Walls

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 1,485 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Gated Parking
  • Assigned Parking

Location

  • Unit is below another unit
  • Property is near public transit

Schools

  • Faith North Elementary School
  • Central High School

Utilities

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

Community Details

  • Association fees include roof repair, insurance, sewer, ground maintenance, street maintenance, trash, water, roof replacement, maintenance exterior
  • Built by Downtown Phoenix Lofts LLC
  • Downtown Phoenix Lofts Condominium Subdivision, Stadium Lofts Floorplan

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number 112-26-132

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,497

Year Built

Built in 2004

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Cross Street: 7th Street and Jefferson
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 175.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2004
  • Tax Year: 2018
  • Directions: 7th St & Jefferson ~ south to Lincoln ~ east to 2nd St ~ north to the NW corner of 2nd St & Buchanan. Entrance is on the 2nd St side of the building. Other ways to get there, but this is simplest.
  • Master Model: Stadium Lofts
  • Property Sub Type: Loft Style
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: DOWNTOWN PHOENIX LOFTS CONDOMINIUM
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 175.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: Other, Res/Business Use Ok
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Upstairs, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1485.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: See Remarks, Other
  • Pool Features: None
  • View: City Light View(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Above
  • Construction Type: Brick Veneer, Brick
  • Roof: Built-Up

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Gated, Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop
  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Association Name: Self
  • Phone: jeff.sundberg@ufa.co
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Self
  • Association Fees:HOA Telephone4: jeff.sundberg@ufa.co
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street 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

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Street Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Faith North Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Faith North Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1203.0
  • Parcel #: 112-26-132

Building Info

  • Builder Name: Downtown Phoenix Lofts LLC

Tax Info

  • Tax Annual Amount: 2497.0
  • Tax Book Number: 112.00
  • Tax Lot: 105
  • Tax Map Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2019
Closed on
Jun 20, 2019
Sold by
Pennell Michael J and Jannasch Pennell Angel K
Bought by
Wigness Paden
Seller's Agent
Sherry Rampy
Brokers Hub Realty, LLC
Buyer's Agent
James Flowers
Realty ONE Group
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%
Current Estimated Value
$456,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,391
Avg. Annual Appreciation
6.92%
Original Mortgage
$244,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2011
Sold by
The Bank Of New York Mellon
Bought by
Pennell Angel and Pennell Michael

Purchase Details

Closed on
Aug 23, 2011
Sold by
Klar Yehoshua and Mortgage Electronic Registrati
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Sep 15, 2004
Sold by
Downtown Phoenix Lofts Llc
Bought by
Klar Yehoshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,703
Interest Rate
6.99%
Mortgage Type
New Conventional
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 $305,000 Driggs Title Agency Inc
Cash Sale Deed $135,000 Security Title Agency
Trustee Deed $147,600 First American Title
Special Warranty Deed $282,129 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 New Conventional
Closed $272,800 New Conventional
Closed $244,000 New Conventional
Previous Owner $84,200 Credit Line Revolving
Previous Owner $298,000 Unknown
Previous Owner $225,703 New Conventional
Closed $56,426 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2022 12/13/22 Sold $425,000 -5.3% $283 / Sq Ft
11/24/2022 11/24/22 Pending -- -- --
11/21/2022 11/21/22 Price Changed $449,000 -3.2% $299 / Sq Ft
10/17/2022 10/17/22 Price Changed $464,000 -3.1% $309 / Sq Ft
09/19/2022 09/19/22 Price Changed $479,000 -3.2% $319 / Sq Ft
07/30/2022 07/30/22 For Sale $495,000 +62.3% $330 / Sq Ft
07/19/2019 07/19/19 Sold $305,000 -3.2% $205 / Sq Ft
06/15/2019 06/15/19 Pending -- -- --
05/25/2019 05/25/19 For Sale $315,000 -- $212 / 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 $2,352 $19,840 -- --
2024 $2,330 $18,895 -- --
2023 $2,330 $34,110 $6,820 $27,290
2022 $2,241 $27,230 $5,440 $21,790
2021 $2,242 $26,320 $5,260 $21,060
2020 $2,275 $26,010 $5,200 $20,810
2019 $2,540 $24,730 $4,940 $19,790
2018 $2,497 $20,720 $4,140 $16,580
2017 $2,439 $17,980 $3,590 $14,390
2016 $2,369 $18,110 $3,620 $14,490
2015 $1,908 $13,830 $2,760 $11,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5931377

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-26-132