NOT LISTED FOR SALE

Estimated Value: $346,000 - $366,000

2 Beds
2 Baths
1,208 Sq Ft
$401/mo HOA Fee

Last Sold January 06, 2023

Last sale price $327,000 $271 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,496/month

147 Days on Market

Highlights

  • Fitness Center
  • The property is located in a historic district
  • Gated Community
  • Phoenix Coding Academy Rated A
  • Gated Parking
  • Clubhouse

About This Home

As of January 2023

Welcome to the Lofts on Thomas, a modern urban oasis to live, work, play and relax in Midtown Phoenix. The Lofts on Thomas offers you effortless, turnkey ownership in a location convenient to everything you want to do. A vibrant city haven filled with a nearby abundance of culinary selections, creative arts, professional sports, healthcare and employment opportunities to enrich your dream lifestyle morning, noon and night. Just steps from your door you'll enjoy over 10,000sf of community space designed to make your mind, body and soul come to life: find inspiration with a glass of wine and a laptop at our poolside veranda, close the deal with you new client in our modern business lounge, soak up some sun in our resort-like heated pool, watch the big game with your friends... ...on one of our HD HDTVs, enrich your body in our state-of-the-art fitness center or relax and find your center in our zen inducing yoga & dance studio. Your fury babies are always welcome in our pet friendly community.

This 2nd Floor unit with furnishings available features 2 loft-style bedrooms w/ HUGE walk-in closet in spacious primary bedroom, 1 3/4 bathrooms, Quartz counters w/ waterfall edge, stainless appliances, modern light fixtures, architectural ducting, in-suite laundry w/ stacked W/D, offset tile flooring, barn doors, barn wood accents and designers touches, plus low utility bills.

Last Agent to Sell the Property

Dennis Rosvall

REMAX Prime License #BR107990000 Listed on: 07/07/2022

Last Buyer's Agent

Jaysen Morse

Compass License #SA567917000

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,754

Year Built

  • Built in 2008

Lot Details

  • 1,307

HOA Fees

  • $401 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Foam Roof
  • Block Exterior
  • Metal Construction or Metal Frame
  • Stucco

Interior Spaces

  • 1,208 Sq Ft Home
  • Furnished
  • Double Pane Windows
  • Wood Frame Window
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Home Security

Parking

  • 1 Carport Space
  • Gated Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Hallway
  • Doors with lever handles
  • Doors are 32 inches wide or more
  • No Interior Steps
  • Stepless Entry
  • Hard or Low Nap Flooring

Location

  • Unit is below another unit
  • 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

  • Refrigerated Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Built-In Barbecue
  • 1 Common Wall

Listing and Financial Details

  • Tax Lot 213
  • Assessor Parcel Number 118-42-248

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, street maintenance, front yard maint, trash, roof replacement, maintenance exterior
  • City Property Mgmt Association, Phone Number (602) 437-4777
  • High-Rise Condominium
  • Built by Summit DCK
  • Lofts On Thomas Condominium Subdivision, Encanto Floorplan
  • 5-Story Property

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

  • Bike Trail

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,754

Year Built

Built in 2008

Lot Details

0

HOA Fees

$401 per month

Listing Details

  • Cross Street: Central and Thomas
  • 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: 400.83
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2013
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2013
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2013
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2013
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2013
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2013
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2013
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2013
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2013
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2008
  • Tax Year: 2021
  • Directions: West to 535 W Thomas, south down alley on east side of bldg to visitor parking on south side. Do not park in reserved spaces in front of bldg. Lockbox in dumpster enclosure by dog park.
  • Master Model: Encanto
  • Property Sub Type: Apartment Style/Flat
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: LOFTS ON THOMAS CONDOMINIUM
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 400.83
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Building Style:High Rise: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Accessible Door 32in+ Wide, Zero-Grade Entry, Lever Handles, Hard/Low Nap Floors, Accessible Hallway(s)
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Elevator, Furnished(See Rmrks), Fire Sprinklers, No Interior Steps, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1208.0
  • Stories: 5
  • Window Features: Wood Frames, Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: 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
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Other, Built-in Barbecue
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, None, Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Above
  • Construction Type: Painted, Stucco, Block, Frame - Metal
  • Roof: Foam
  • Construction:Block: Yes
  • Construction:Frame - Metal: Yes
  • Exterior Features:Built-in BBQ: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Water Source: City Water

Condo/Co-op/Association

  • Community Features: Gated Community, Community Pool Htd, Community Pool, Near Light Rail Stop, Near Bus Stop, Historic District, Community Media Room, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management
  • Association Fee: 400.83
  • Association Fee Frequency: Monthly
  • Association Name: Lofts on Thomas COA
  • Phone: 602-437-4777 ext 2142
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lofts on Thomas COA
  • Association Fees:HOA Telephone4: 602-437-4777 x2142
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2000.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 801.66
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mgmt
  • Association Fees:HOA Management Phone: 602-437-4777 x2142
  • Association Fees:Cap ImprovementImpact Fee 2: 1203.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • 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:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

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

  • Horse Amenities: See Remarks
  • Land Lease: No
  • Lot Size Sq Ft: 1132.0
  • Parcel #: 118-42-248
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Summit DCK

Tax Info

  • Tax Annual Amount: 2754.0
  • Tax Book Number: 118.00
  • Tax Lot: 213
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Jan 6, 2023
Sold by
Bella Womens Care Pc
Bought by
Condon Nicholas
Seller's Agent
Dennis Rosvall
REMAX Prime
Buyer's Agent
Jaysen Morse
Compass
List Price
$390,000
Sold Price
$327,000
Premium/Discount to List
-$63,000
-16.15%
Views
13
Current Estimated Value
$357,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,570
Avg. Annual Appreciation
4.18%
Original Mortgage
$294,300
Outstanding Balance
$286,700
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$78,839

Purchase Details

Listed on
Jun 15, 2017
Closed on
Jun 14, 2017
Sold by
Lead Phoenix Llc
Bought by
Bella Womens Care Pc
Seller's Agent
Dennis Rosvall
Urban House Realty
Buyer's Agent
Dennis Rosvall
REMAX Prime
List Price
$219,900
Sold Price
$219,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%

Purchase Details

Closed on
Jan 25, 2012
Sold by
Brown Roger W and Estate Of Metropolitan Lofts L
Bought by
Abrahams Wendy and Metro Loan Llc
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
Condon Nicholas $327,000 Wfg National Title Insurance C
Bella Womens Care Pc $219,900 Fidelity National Title Agen
Abrahams Wendy -- Thomas Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Condon Nicholas $294,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $327,000 -0.9% $271 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
10/26/2022 10/26/22 Price Changed $330,000 -5.7% $273 / Sq Ft
09/30/2022 09/30/22 Price Changed $350,000 -2.8% $290 / Sq Ft
09/25/2022 09/25/22 Price Changed $360,000 -2.7% $298 / Sq Ft
08/29/2022 08/29/22 Price Changed $370,000 -5.1% $306 / Sq Ft
07/06/2022 07/06/22 For Sale $390,000 +77.4% $323 / Sq Ft
06/16/2017 06/16/17 Sold $219,900 0.0% $182 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $219,900 -- $182 / 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 $2,478 $22,465 -- --
2024 $2,386 $15,517 -- --
2023 $2,386 $26,870 $5,370 $21,500
2022 $2,708 $21,200 $4,240 $16,960
2021 $2,754 $20,700 $4,140 $16,560
2020 $2,685 $21,300 $4,260 $17,040
2019 $2,568 $19,760 $3,950 $15,810
2018 $2,483 $21,870 $4,370 $17,500
2017 $1,998 $18,710 $3,740 $14,970
2016 $1,928 $18,800 $3,760 $15,040
2015 $1,792 $15,500 $3,100 $12,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6429566

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-42-248