NOT LISTED FOR SALE

Lofts on Thomas 535 W Thomas Rd Unit 201 Phoenix, AZ 85013

Willo Neighborhood

Estimated Value: $207,100 - $294,000

1 Bed
1 Bath
678 Sq Ft
$220/mo HOA Fee

Last Sold July 09, 2020

Last sale price $167,500 $247 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,591/month

28 Days on Market

Highlights

  • Fitness Center
  • The property is located in a historic district
  • Gated Community
  • Phoenix Coding Academy Rated A
  • Gated Parking
  • Theater or Screening Room

About This Home

As of July 2020

Great Midtown location! The beautiful condo features a bright and open floor plan studio style including full size bathroom, walk in closet and cozy living room. Enjoy your morning coffee while enjoying city views amongst the lush historic Encanto district views. Relax at night in our 24-hour heated pool, lounge & entertainment rooms, fitness center featuring state of the art equipment, yoga studio, gated covered parking, BBQ, pet station, indoor bike storage and much more. Walking distance near light rail and plenty of eatery's. All you need is your suitcase and personal belongings. Condo includes all appliances, furniture, linens, dish-ware, flatware, flat screen TV! This would make a great corporate rental (6 month minimum) or turn key read owner occupant

Last Agent to Sell the Property

Bonnie Kingcannon

Thrive Realty And Property Management License #BR629386000 Listed on: 05/17/2020

Last Buyer's Agent

Marcia Bachrad

West USA Realty License #SA020230000

West USA Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,424

Year Built

  • Built in 2008

Lot Details

  • 1 Common Wall
  • Desert faces the front and back of the property

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Foam Roof
  • Stucco

Interior Spaces

  • 678 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Wood Frame Window
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Gated Parking
  • Assigned Parking

Accessible Home Design

  • Kitchen Appliances
  • Low Kitchen Cabinetry
  • Accessible Hallway
  • No Interior Steps
  • Stepless Entry

Outdoor Features

  • Built-In Barbecue

Location

  • Property is near public transit
  • Property is near a bus stop
  • 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

  • Tax Lot B-2
  • Assessor Parcel Number 118-42-180

Community Details

Overview

  • Association fees include roof repair, insurance, pest control, front yard maint, trash, roof replacement
  • City Property Mgmt Association, Phone Number (602) 437-4777
  • High-Rise Condominium
  • Built by Summit DCK
  • Metropolitan Lofts Condominium 2Nd Amd Subdivision, Cherry Lynn Floorplan
  • 5-Story Property

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

  • Bike Trail

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,424

Year Built

Built in 2008

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Cross Street: 7th Avenue and Thomas
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 220.25
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2018
  • Master Model: Cherry Lynn
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: METROPOLITAN LOFTS CONDOMINIUM 2ND AMD
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 247.05
  • Association Fees:HOA Fee2: 220.25
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Zero-Grade Entry, Ktch Low Cabinetry, Accessible Hallway(s), Accessible Kitchen Appliances
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, 9+ Flat Ceilings, Elevator, No Interior Steps, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 678.0
  • Stories: 5
  • Window Features: Dual Pane, Wood Frames
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Community Media Room: 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

Exterior Features

  • Fencing: None
  • Exterior Features: Built-in Barbecue
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • View: City Light View(s)
  • Disclosures: None
  • Common Walls: 1 Common Wall
  • Construction Type: Stucco, Steel Frame, Painted
  • Roof: Foam
  • Construction:Frame - Metal: Yes
  • Exterior Features:Built-in BBQ: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Other, See Remarks
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water

Condo/Co-op/Association

  • Community Features: Gated, Community Pool Htd, Community Pool, Near Light Rail Stop, Near Bus Stop, Historic District, Community Media Room, Biking/Walking Path, Fitness Center
  • Association Fee: 220.25
  • Association Fee Frequency: Monthly
  • Association Name: Lofts on Thomas
  • Phone: +602 437-477-7132
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lofts on Thomas
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2000.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:HOA Management Company: City Property Mgmt
  • Association Fees:HOA Management Phone: 602.437.4777 xt 132
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Pest Control, Front Yard Maint, Trash, Roof Replacement

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: 743.0
  • Parcel #: 118-42-180

Building Info

  • Builder Name: Summit DCK

Tax Info

  • Tax Annual Amount: 1424.32
  • Tax Book Number: 118.00
  • Tax Lot: B-2
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2020
Closed on
Jun 24, 2020
Sold by
White James G and White Cammy
Bought by
Rebb Isabela Jillian
Seller's Agent
Bonnie Kingcannon
Thrive Realty And Property Management
Buyer's Agent
Marcia Bachrad
West USA Realty
List Price
$169,999
Sold Price
$167,500
Premium/Discount to List
-$2,499
-1.47%
Current Estimated Value
$240,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,275
Avg. Annual Appreciation
6.87%
Original Mortgage
$164,465
Outstanding Balance
$145,511
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$95,264

Purchase Details

Listed on
Feb 14, 2017
Closed on
Mar 13, 2017
Sold by
Lead Phoenix Llc
Bought by
White James G and White Cammy
Seller's Agent
Dennis Rosvall
Urban House Realty
Buyer's Agent
Dennis Rosvall
REMAX Prime
List Price
$184,900
Sold Price
$164,900
Premium/Discount to List
-$20,000
-10.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.47%
Original Mortgage
$148,410
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2016
Sold by
The Hamilton Group Enterprises Inc
Bought by
Lead Phoenix Llc

Purchase Details

Listed on
Apr 20, 2014
Closed on
Jul 23, 2014
Sold by
Lead Phoenix Llc
Bought by
The Hamilton Group Enterprises
Seller's Agent
Kenneth O'Donnell
Urban House Realty
Buyer's Agent
Kenneth O'Donnell
Urban House Realty
List Price
$169,900
Sold Price
$249,900
Premium/Discount to List
$80,000
47.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.33%
Original Mortgage
$154,609
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2012
Sold by
Brown Roger W
Bought by
Abrahams Wendy and Metro Loan Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rebb Isabela Jillian $167,500 Chicago Title Agency
White James G $164,900 Fidelity Natl Title Agency I
Lead Phoenix Llc $157,000 Fidelity Natl Title Agency I
The Hamilton Group Enterprises $169,900 Fidelity Natl Title Agency
Abrahams Wendy -- Thomas Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rebb Isabela Jillian $164,465
Previous Owner White James G $148,410
Previous Owner The Hamilton Group Enterprises $154,609
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2020 07/09/20 Sold $167,500 -1.5% $247 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $169,999 +3.1% $251 / Sq Ft
03/16/2017 03/16/17 Sold $164,900 -10.8% $241 / Sq Ft View Prior Sale
02/14/2017 02/14/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $184,900 -26.0% $270 / Sq Ft
07/28/2014 07/28/14 Sold $249,900 +47.1% $376 / Sq Ft View Prior Sale
04/20/2014 04/20/14 For Sale $169,900 -- $255 / 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 $1,277 $15,686 -- --
2024 $1,666 $14,939 -- --
2023 $1,666 $17,930 $3,580 $14,350
2022 $1,659 $13,550 $2,710 $10,840
2021 $1,751 $13,330 $2,660 $10,670
2020 $1,922 $13,810 $2,760 $11,050
2019 $1,839 $13,610 $2,720 $10,890
2018 $1,778 $14,380 $2,870 $11,510
2017 $1,424 $12,980 $2,590 $10,390
2016 $1,575 $15,070 $3,010 $12,060
2015 $1,464 $12,660 $2,530 $10,130
Source: Public Records

Agents Affiliated with this Home

  • Bonnie Kingcannon

    Seller's Agent in 2020

    Bonnie Kingcannon

    Thrive Realty And Property Management

    (623) 329-8066

    3 in this area

    57 Total Sales

    Bonnie Kingcannon
    Section Image
  • Marcia Bachrad

    Buyer's Agent in 2020

    Marcia Bachrad

    West USA Realty

    (602) 743-7080

    4 Total Sales

    Marcia Bachrad
    Section Image

  • D

    Seller's Agent in 2017

    Dennis Rosvall

    Urban House Realty

  • Kenneth O'Donnell

    Seller's Agent in 2014

    Kenneth O'Donnell

    Urban House Realty

    (720) 841-8909

    56 Total Sales

    Kenneth O'Donnell
    Section Image
See All Agents

About Lofts on Thomas

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6077024

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-42-236

Arizona Maricopa County Phoenix 85003 Willo

535 W Thomas Rd Unit 201, Phoenix, AZ

Not Listed for Sale

Condos

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

Nearby Homes