$205,000
SOLD AUG 20, 2019
1 Bed
1 Bath
934 Sq Ft
$301/mo HOA Fee

Recently Sold

$219 Per Sq Ft

5% Below List Price

36 Days on Market

Highlights

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

About This Home

As of August 2019

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 4th Floor unit was our original Margarita Model and features a spacious loft-style bedroom w/ closet organizers, 3/4 bathroom with linen storage, massive island kitchen, Quartz counters w/ waterfall edge, stainless appliances, modern light fixtures, architectural ducting, large in-suite laundry room w/ stacked W/D included, offset 12'x24"tile flooring and spectacular southern views of the Downtown Phoenix skyline and South Mountains.

The keys to your ultimate loft living are only a phone call away. Call to schedule your private tour today.

Last Agent to Sell the Property

Dennis Rosvall

REMAX Prime License #BR107990000 Listed on: 06/05/2019

Last Buyer's Agent

David Karrick

My Home Group Real Estate License #SA024831000

My Home Group Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,624

Year Built

  • Built in 2014

HOA Fees

  • $301 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Block Exterior
  • Stucco

Interior Spaces

  • 934 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Wood Frame Window
  • Tile Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • <<builtInMicrowave>>
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Gated Parking
  • Assigned Parking

Accessible Home Design

  • Roll-in Shower
  • Grab Bar In Bathroom
  • Kitchen Appliances
  • Low Kitchen Cabinetry
  • Accessible Hallway
  • No Interior Steps
  • Stepless Entry

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

Additional Features

  • Built-In Barbecue
  • 1 Common Wall

Listing and Financial Details

  • Tax Lot 407
  • Assessor Parcel Number 118-42-268

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, front yard maint, air conditioning and heating, 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, Margarita 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

$1,624

Year Built

Built in 2014

Lot Details

0

HOA Fees

$301 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: 300.62
  • 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: N
  • Year Built: 2014
  • Tax Year: 2018
  • Directions: West to 535 W Thomas Rd, turn south down driveway on eastside of building, visitor parking in south lot.
  • Master Model: Margarita
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: LOFTS ON THOMAS CONDOMINIUM
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 300.62
  • Dining Area:Breakfast Bar: Yes
  • 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: VirtualTour

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Zero-Grade Entry, Ktch Low Cabinetry, Bath Roll-In Shower, Bath Grab Bars, Accessible Hallway(s), Accessible Kitchen Appliances
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Elevator, Furnished(See Rmrks), No Interior Steps, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 934.0
  • 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: Gravel/Stone Front
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Stucco, Painted, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: 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: 300.62
  • Association Fee Frequency: Monthly
  • Association Name: Lofts on Thomas Cond
  • Phone: 602-688-9000
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lofts on Thomas Cond
  • Association Fees:HOA Telephone4: 602-688-9000
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2901.86
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mgmt
  • Association Fees:HOA Management Phone: 602-437-4777 x132
  • 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
  • Association Fee Incl:Pest Control: Yes
  • Association Fee Incl:Air CondHeating: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Air Cond/Heating, 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

  • Land Lease: No
  • Lot Size Sq Ft: 849.0
  • Parcel #: 118-42-268

Building Info

  • Builder Name: Summit DCK

Tax Info

  • Tax Annual Amount: 1624.0
  • Tax Book Number: 118.00
  • Tax Lot: 407
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Aug 16, 2019
Sold by
Larremore Barbara
Bought by
Ruston Veronica
Seller's Agent
Dennis Rosvall
REMAX Prime
Buyer's Agent
David Karrick
My Home Group Real Estate
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$145,000
Outstanding Balance
$128,088
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$155,113

Purchase Details

Listed on
Oct 29, 2014
Closed on
Feb 10, 2015
Sold by
Lead Phoenix Llc
Bought by
Larremore Barbara
Seller's Agent
Dennis Rosvall
Urban House Realty
Buyer's Agent
Francisco Leyva
DPR Realty LLC
List Price
$184,900
Sold Price
$184,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%
Original Mortgage
$164,900
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage

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 Type Sale Price Title Company
Warranty Deed $205,000 Lawyers Title Of Arizona Inc
Special Warranty Deed $184,900 Fidelity Natl Title Agency
Trustee Deed -- Thomas Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,000 VA
Previous Owner $164,900 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2025 07/12/25 For Sale $260,000 +26.8% $278 / Sq Ft
08/20/2019 08/20/19 Sold $205,000 -4.7% $219 / Sq Ft
06/05/2019 06/05/19 For Sale $215,000 +16.3% $230 / Sq Ft
02/17/2015 02/17/15 Sold $184,900 0.0% $198 / Sq Ft
01/17/2015 01/17/15 Pending -- -- --
10/29/2014 10/29/14 For Sale $184,900 -- $198 / 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 $1,840 $16,681 -- --
2024 $1,772 $15,887 -- --
2023 $1,772 $20,510 $4,100 $16,410
2022 $1,764 $16,880 $3,370 $13,510
2021 $1,816 $16,550 $3,310 $13,240
2020 $1,767 $17,320 $3,460 $13,860
2019 $1,684 $15,850 $3,170 $12,680
2018 $1,624 $16,020 $3,200 $12,820
2017 $1,475 $14,250 $2,850 $11,400
2016 $1,420 $15,560 $3,110 $12,450
2015 $1,323 $13,110 $2,620 $10,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5935722

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-42-268