NOT LISTED FOR SALE

Estimated Value: $270,000 - $284,694

1 Bed
1 Bath
934 Sq Ft
$359/mo HOA Fee

Last Sold September 07, 2023

Last sale price $310,000 $332 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,951/month

41 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • Property is near public transit and bus stop
  • Phoenix Coding Academy Rated A
  • Contemporary Architecture
  • Granite Countertops

About This Home

As of September 2023

Welcome to The Lofts on Thomas. Located in the trendy Midtown Phoenix neighborhood, which has become a popular destination for so many. Known for its vibrant arts and culture scene, as well as its many restaurants, cafes, and boutiques. The perfect location for anyone who wants to be in the heart of it all. The residence itself is spacious and modern, with one of the largest kitchens available, in unit laundry, plenty of natural light and views of the city. Building amenities include a pool, gym, studio, and lounge area. Plus, the nearby light rail station makes it easy to get downtown or to other parts of the city. If you are looking for a convenient and low-maintenance lifestyle, this pristine residence could be yours today.

Last Agent to Sell the Property

Jamie Harvey

The Brokery License #SA652462000 Listed on: 06/30/2023

Last Buyer's Agent

Steele Nash

eXp Realty License #SA699499000

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,740

Year Built

  • Built in 2008

Lot Details

  • 871

HOA Fees

  • $359 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 934 Sq Ft Home
  • Double Pane Windows
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Schools

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

Utilities

  • Central Air
  • Heating Available

Additional Features

  • No Interior Steps
  • Property is near public transit and bus stop

Listing and Financial Details

  • Tax Lot 307
  • Assessor Parcel Number 118-42-255

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, water, roof replacement, maintenance exterior
  • City Property Mgmt Association, Phone Number (602) 437-4777
  • Lofts On Thomas Condominium Subdivision
  • 5-Story Property

Amenities

  • Recreation Room

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,740

Year Built

Built in 2008

Lot Details

0

HOA Fees

$359 per month

Listing Details

  • Cross Street: Central Ave & Thomas Rd
  • 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: 359.36
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2022
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: LOFTS ON THOMAS CONDOMINIUM
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 331.9
  • Association Fees:HOA Fee2: 359.36
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Eat-in Kitchen, No Interior Steps, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 934.0
  • Stories: 5
  • Window Features: Dual Pane
  • 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:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • View: City Light View(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Light Rail Stop, Near Bus Stop, Fitness Center
  • Association Fee: 359.36
  • Association Fee Frequency: Monthly
  • Association Name: Lofts on Thomas
  • Phone: 602-437-4777
  • 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
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 3078.08
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • 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
  • 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, Trash, Water, 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: 849.0
  • Parcel #: 118-42-255

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1740.0
  • Tax Book Number: 118.00
  • Tax Lot: 307
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Sep 7, 2023
Sold by
Krietenstein Maxwell Kevin
Bought by
Studer Nicholas
Seller's Agent
Jamie Harvey
The Brokery
Buyer's Agent
Steele Nash
eXp Realty
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Views
32
Current Estimated Value
$278,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,326
Avg. Annual Appreciation
-4.38%
Original Mortgage
$279,000
Outstanding Balance
$272,914
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$5,760

Purchase Details

Listed on
Apr 26, 2020
Closed on
Jun 19, 2020
Sold by
Griffin Mark G
Bought by
Krietenstein Maxwell Kevin
Seller's Agent
Bonnie Kingcannon
Thrive Realty And Property Management
Buyer's Agent
Jamie Harvey
The Brokery
List Price
$224,999
Sold Price
$212,000
Premium/Discount to List
-$12,999
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%
Original Mortgage
$201,400
Interest Rate
3.2%
Mortgage Type
New Conventional

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
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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
Studer Nicholas $310,000 Exclusive Title Company
Krietenstein Maxwell Kevin $212,000 Old Republic Title Agency
Abrahams Wendy -- Thomas Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Studer Nicholas $279,000
Previous Owner Krietenstein Maxwell Kevin $201,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2023 09/07/23 Sold $310,000 -1.6% $332 / Sq Ft
07/14/2023 07/14/23 Price Changed $315,000 -3.1% $337 / Sq Ft
06/30/2023 06/30/23 For Sale $325,000 +53.3% $348 / Sq Ft
06/25/2020 06/25/20 Sold $212,000 -5.8% $227 / Sq Ft View Prior Sale
05/07/2020 05/07/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $224,999 +28.6% $241 / Sq Ft
03/31/2015 03/31/15 Sold $174,900 -5.4% $187 / Sq Ft View Prior Sale
02/24/2015 02/24/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $184,900 -- $198 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,717 $16,455 -- --
2024 $1,748 $15,672 -- --
2023 $1,748 $20,510 $4,100 $16,410
2022 $1,740 $16,450 $3,290 $13,160
2021 $1,791 $16,050 $3,210 $12,840
2020 $1,743 $16,580 $3,310 $13,270
2019 $1,881 $15,230 $3,040 $12,190
2018 $1,819 $16,020 $3,200 $12,820
2017 $1,652 $14,250 $2,850 $11,400
2016 $1,593 $15,220 $3,040 $12,180
2015 $1,481 $12,810 $2,560 $10,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6574245

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-42-255