NOT LISTED FOR SALE

Lofts on Thomas 535 W Thomas Rd Unit 405 Phoenix, AZ 85013

Willo Neighborhood

Estimated Value: $267,000 - $295,000

1 Bed
1 Bath
817 Sq Ft
$351/mo HOA Fee

Last Sold June 21, 2024

Last sale price $283,000 $346 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,049/month

27 Days on Market

Highlights

  • Fitness Center
  • The property is located in a historic district
  • Gated Community
  • Phoenix Coding Academy Rated A
  • Gated Parking
  • Property is near public transit

About This Home

As of June 2024

Welcome to the Lofts on Thomas, a modern urban oasis to live, work, play and relax in Midtown Phoenix. Your search for effortless, turnkey ownership in a location convenient to everything you want to do ends here! Community amenities include over 10,000 sq. ft. of community space designed with you in mind: a poolside veranda which includes a public grill, a modern business lounge, a sparkling pool, multiple big screen TV's to take the big game in with friends, a 24 hour fitness center, and finally, a yoga & dance studio. This pet friendly community also includes a dog park out back!This 4th floor unit features a spacious loft-style bedroom with a generous walk-in closet, a modern kitchen adorned with Quartz counters that flow to a majestic waterfall edge, stainless steel appliances in-suite laundry, and a spacious great room perfect for entertaining. Plus, walking distance to the light rail, a plethora of dining options, shopping, and much more! Loft living at its finest in Midtown is only a phone call away...

Last Agent to Sell the Property

Beth Rider

Keller Williams Arizona Realty License #SA117774000 Listed on: 05/15/2024

Keller Williams Arizona Realty

Last Buyer's Agent

Danielle Bronson

Redfin Corporation License #SA684163000

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,822

Year Built

  • Built in 2008

Lot Details

  • 871

HOA Fees

  • $351 Monthly HOA Fees

Home Design

  • 817 Sq Ft Home
  • Loft
  • Stucco

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Gated Parking
  • Assigned Parking

Location

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

Schools

  • Encanto Elementary School
  • Clarendon Middle School
  • Metro Tech High School

Utilities

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

Listing and Financial Details

  • Tax Lot 405
  • Assessor Parcel Number 118-42-266

Community Details

Overview

  • Association fees include roof repair, sewer, pest control, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Lofts On Thomas Association, Phone Number (602) 437-4777
  • Built by Summit DCK
  • Lofts On Thomas Condominium Subdivision
  • 5-Story Property

Recreation

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,822

Year Built

Built in 2008

Lot Details

0

HOA Fees

$351 per month

Listing Details

  • Cross Street: 7th Ave and Thomas Rd
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 351.37
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2023
  • Directions: Head W on Thomas Rd between 7th Ave and 5th Ave, turn left then right, Loft on Thomas will be on Right
  • Property Sub Type: Loft Style
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: LOFTS ON THOMAS CONDOMINIUM
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 351.37
  • Cooling:Central Air: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Breakfast Bar, 3/4 Bath Master Bdrm
  • Living Area: 817.0
  • Stories: 5
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Steel Frame, Painted
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Metal: 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

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Pool Htd, Near Light Rail Stop, Near Bus Stop, Historic District, Fitness Center
  • Association Fee: 351.37
  • 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:HOA Telephone4: 602-437-4777
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1054.11
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 702.74
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 2000.0
  • Association Fees:Other Fees Description: Reserve Contribution
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: 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, Sewer, Pest Control, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Encanto School
  • High School: Metro Tech High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Clarendon School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 758.0
  • Parcel #: 118-42-266
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Summit DCK

Tax Info

  • Tax Annual Amount: 1822.0
  • Tax Book Number: 118.00
  • Tax Lot: 405
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 21, 2024
Sold by
Baughman Harry C and Baughman Harry C
Bought by
Bella Family Properties Thomas Rd Llc
Seller's Agent
Beth Rider
Keller Williams Arizona Realty
Buyer's Agent
Danielle Bronson
Redfin Corporation
List Price
$289,500
Sold Price
$283,000
Premium/Discount to List
-$6,500
-2.25%
Views
2420
Current Estimated Value
$278,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,208
Avg. Annual Appreciation
-1.52%

Purchase Details

Listed on
May 24, 2016
Closed on
Aug 19, 2016
Sold by
Lead Phoenix Llc
Bought by
Baughman Harry C and Baughman Harry C
Seller's Agent
Dennis Rosvall
Urban House Realty
Buyer's Agent
Dennis Rosvall
REMAX Prime
List Price
$189,900
Sold Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$139,900
Interest Rate
3.42%
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

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
Bella Family Properties Thomas Rd Llc $283,000 Partners Title Company
Baughman Harry C $189,900 Fidelity Natl Title Agency I
Abrahams Wendy -- Thomas Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baughman Harry C $139,900
Previous Owner Lead Phoenix Llc $2,171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $283,000 -2.2% $346 / Sq Ft
05/15/2024 05/15/24 For Sale $289,500 +52.4% $354 / Sq Ft
08/29/2016 08/29/16 Sold $189,900 0.0% $232 / Sq Ft
07/10/2016 07/10/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $189,900 -- $232 / 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 $1,742 $17,156 -- --
2024 $1,822 $16,339 -- --
2023 $1,822 $18,110 $3,620 $14,490
2022 $1,814 $14,820 $2,960 $11,860
2021 $1,916 $14,480 $2,890 $11,590
2020 $1,934 $15,100 $3,020 $12,080
2019 $1,844 $13,770 $2,750 $11,020
2018 $1,777 $13,830 $2,760 $11,070
2017 $1,617 $12,360 $2,470 $9,890
2016 $2,252 $22,130 $4,420 $17,710
2015 $2,094 $18,110 $3,620 $14,490
Source: Public Records

Agents Affiliated with this Home

  • Beth Rider

    Seller's Agent in 2024

    Beth Rider

    Keller Williams Arizona Realty

    (480) 666-0501

    2 in this area

    1,661 Total Sales

    Beth Rider
    Section Image

  • D

    Buyer's Agent in 2024

    Danielle Bronson

    Redfin Corporation

    (602) 483-4919

    Section Image

  • D

    Seller's Agent in 2016

    Dennis Rosvall

    Urban House Realty

See All Agents

About Lofts on Thomas

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6705893

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-42-266

Arizona Maricopa County Phoenix 85003 Willo

535 W Thomas Rd Unit 405, Phoenix, AZ

This home is located at 535 W Thomas Rd Unit 405, Phoenix, AZ 85013 since 15 May 2024 and is currently estimated at $278,689, approximately $341 per square foot. This property was built in 2008. 535 W Thomas Rd Unit 405 is a home located in Maricopa County with nearby schools including Clarendon Elementary School, Encanto Elementary School, and Osborn Middle 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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