$185,000
SOLD JUN 13, 2018

Lofts on Thomas 535 W Thomas Rd Unit 504 Phoenix, AZ 85013

Willo Neighborhood
1 Bed
1 Bath
847 Sq Ft
$275/mo HOA Fee

Recently Sold

$218 Per Sq Ft

3% Below List Price

9 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Gated Parking
  • Phoenix Coding Academy Rated A
  • The property is located in a historic district
  • Gated Community

About This Home

As of May 2020

DISPLAY MODEL CLOSEOUT at Midtown's premier modern urban loft community. This bright & open TOP FLOOR 1 bed/1 bath model features stylish modern finishes that'll make you fall in love the moment you walk in. Large living areas, bathroom & closet, Quartz counter tops with waterfall edge, stainless appliances, modern light fixtures, architectural ducting, in-suite laundry & offset tile flooring. Experience world-class amenities each day like your 24-hour heated pool, lounge & entertainment rooms w/ WiFi & HDTV's, fitness center featuring state-of-the-art equipment, yoga studio, gated covered parking, BBQ, dog park, indoor bike storage, near light rail. FHA/VA Approved. Close in 30 days and receive up to 12 months FREE HOA dues credit at closing.

Last Agent to Sell the Property

Dennis Rosvall

REMAX Prime License #BR107990000 Listed on: 05/30/2018

Last Buyer's Agent

John Conover

Gentry Real Estate License #SA628608000

Gentry Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,244

Year Built

  • Built in 2008

Lot Details

  • Two or More Common Walls
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 847 Sq Ft Home
  • Double Pane Windows
  • Wood Frame Window
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Bathroom
  • Low Flow Plumbing Fixtures

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

Outdoor Features

  • Built-In Barbecue

Location

  • Unit is on the top floor
  • 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 504
  • Assessor Parcel Number 118-42-278

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, 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 Subdivision, Coronado 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

$2,244

Year Built

Built in 2008

Lot Details

0

HOA Fees

$275 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: 275.0
  • 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: 2008
  • Tax Year: 2017
  • Directions: West to community, park in Visitor Parking on south side of building.
  • Master Model: Coronado
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: Lofts on Thomas
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 275.0
  • 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: Accessible Door 32in+ Wide, Zero-Grade Entry, Lever Handles, Hard/Low Nap Floors, Accessible Hallway(s)
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Breakfast Bar, Elevator, No Interior Steps, 3/4 Bath Master Bdrm
  • Living Area: 847.0
  • 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
  • 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: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • View: City Light View(s)
  • Disclosures: None
  • Common Walls: Two Common Walls, Neighbor Below
  • Construction Type: Stucco, Steel Frame, Painted
  • Roof: Rolled/Hot Mop
  • 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
  • Laundry Features: Wshr/Dry HookUp Only
  • 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: 275.0
  • 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: 2000.0
  • 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

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, 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

  • Land Lease: No
  • Lot Size Sq Ft: 772.0
  • Parcel #: 118-42-278

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: Summit DCK

Tax Info

  • Tax Annual Amount: 2244.0
  • Tax Book Number: 118.00
  • Tax Lot: 504
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2020
Closed on
May 27, 2020
Sold by
Honn Auto Repair Llc
Bought by
Mueller Andrea
Seller's Agent
Perla Cardenas Dorame
Coldwell Banker Realty
Buyer's Agent
Chris Thompson
Caroline Auza Development
List Price
$209,000
Sold Price
$192,000
Premium/Discount to List
-$17,000
-8.13%
Current Estimated Value
$259,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,361
Avg. Annual Appreciation
6.76%
Original Mortgage
$182,400
Interest Rate
3.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $192,000 Wfg National Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $182,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $192,000 -8.1% $227 / Sq Ft
03/25/2020 03/25/20 For Sale $209,000 +13.0% $247 / Sq Ft
06/13/2018 06/13/18 Sold $185,000 -2.6% $218 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $189,900 -- $224 / 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 $1,635 $18,244 -- --
2024 $1,938 $17,375 -- --
2023 $1,938 $18,730 $3,740 $14,990
2022 $1,929 $15,760 $3,150 $12,610
2021 $2,048 $15,480 $3,090 $12,390
2020 $2,111 $16,360 $3,270 $13,090
2019 $2,278 $14,870 $2,970 $11,900
2018 $2,445 $16,820 $3,360 $13,460
2017 $2,244 $14,970 $2,990 $11,980
2016 $2,425 $24,220 $4,840 $19,380
2015 $2,255 $19,500 $3,900 $15,600
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Perla Cardenas Dorame

    Coldwell Banker Realty

    Section Image

  • C

    Buyer's Agent in 2020

    Chris Thompson

    Caroline Auza Development

    (520) 382-6800

    7 Total Sales

    Chris Thompson
    Section Image
  • Dennis Rosvall

    Seller's Agent in 2018

    Dennis Rosvall

    RE/MAX

    4 in this area

    37 Total Sales

    Dennis Rosvall
    Section Image
  • John Conover

    Buyer's Agent in 2018

    John Conover

    Gentry Real Estate

    (480) 570-7100

    6 Total Sales

    John Conover
    Section Image
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About Lofts on Thomas

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5772960

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-42-278

Arizona Maricopa County Phoenix 85003 Willo

535 W Thomas Rd Unit 504, Phoenix, AZ

This home is located at 535 W Thomas Rd Unit 504, Phoenix, AZ 85013 and is currently priced at $185,000, approximately $218 per square foot. This property was built in 2008. 535 W Thomas Rd Unit 504 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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