NOT LISTED FOR SALE

Estimated Value: $338,000 - $384,973

2 Beds
2 Baths
1,141 Sq Ft
$375/mo HOA Fee

Last Sold August 10, 2022

Last sale price $405,000 $355 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,498/month

5 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 August 2022

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 fully FURNISHED Top Floor (5th) unit features "Million Dollar" views of Downtown Phoenix, 2 loft-style bedrooms w/ walk-in closet in the 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 wood accents and designers touches, 2 parking spots (1 covered), plus low utility bills.

Last Agent to Sell the Property

Dennis Rosvall

REMAX Prime License #BR107990000 Listed on: 07/12/2022

Last Buyer's Agent

Jane Simmons

Howe Realty License #SA624519000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,025

Year Built

  • Built in 2008

Lot Details

  • End Unit
  • 1 Common Wall
  • Desert faces the front and back of the property

HOA Fees

  • $375 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,141 Sq Ft Home
  • Double Pane Windows
  • Wood Frame Window
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

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

  • Outdoor Storage
  • 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 506
  • Assessor Parcel Number 118-42-280

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, front yard maint, trash, water, 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, Del Norte 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

$3,025

Year Built

Built in 2008

Lot Details

0

HOA Fees

$375 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: 375.34
  • 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 Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • 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.
  • Master Model: Del Norte
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: LOFTS ON THOMAS CONDOMINIUM
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 375.34
  • 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
  • Cooling:Central Air: Yes
  • Water Source City Water: 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: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Elevator, No Interior Steps, Kitchen Island, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1141.0
  • Stories: 5
  • Window Features: Dual Pane, Wood Frames
  • ResoLivingAreaSource: Assessor
  • 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: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
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Storage, Built-in Barbecue
  • Lot Features: Alley, Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Below, End Unit
  • Construction Type: Stucco, Steel Frame, Painted
  • Roof: Foam
  • Construction:Frame - Metal: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Other
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water

Condo/Co-op/Association

  • Community Features: Gated, Community Pool, Near Light Rail Stop, Near Bus Stop, Historic District, Community Media Room, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management
  • Association Fee: 375.34
  • Association Fee Frequency: Monthly
  • Association Name: Lofts on Thomas COA
  • 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 COA
  • 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 x2142
  • Association Fees:Cap ImprovementImpact Fee 2: 1126.0
  • 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: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, Insurance, Sewer, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, 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: 1060.0
  • Parcel #: 118-42-280
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Summit DCK

Tax Info

  • Tax Annual Amount: 3025.0
  • Tax Book Number: 118.00
  • Tax Lot: 506
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Aug 5, 2022
Sold by
Bella Womens Care Pc
Bought by
Reichle Michael C
Seller's Agent
Dennis Rosvall
REMAX Prime
Buyer's Agent
Jane Simmons
Howe Realty
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%
Current Estimated Value
$358,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,007
Avg. Annual Appreciation
-2.07%

Purchase Details

Listed on
Oct 2, 2015
Closed on
Oct 9, 2015
Sold by
Lead Phoenix Llc
Bought by
Bella Womens Care Pc
Seller's Agent
Dennis Rosvall
Urban House Realty
Buyer's Agent
Adrienne King
HomeSmart
List Price
$254,900
Sold Price
$254,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
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
Reichle Michael C $405,000 Old Republic Title
Bella Womens Care Pc $254,900 Fidelity Natl Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2022 08/10/22 Sold $405,000 -2.4% $355 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $415,000 +62.8% $364 / Sq Ft
10/14/2015 10/14/15 Sold $254,900 0.0% $218 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
10/02/2015 10/02/15 For Sale $254,900 -- $218 / 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 $2,722 $24,673 -- --
2024 $2,621 $14,709 -- --
2023 $2,621 $25,470 $5,090 $20,380
2022 $2,974 $21,700 $4,340 $17,360
2021 $3,025 $21,460 $4,290 $17,170
2020 $2,948 $22,860 $4,570 $18,290
2019 $2,820 $20,920 $4,180 $16,740
2018 $2,727 $24,020 $4,800 $19,220
2017 $2,831 $20,550 $4,110 $16,440
2016 $2,731 $27,580 $5,510 $22,070
2015 $2,539 $21,960 $4,390 $17,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6432772

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-42-280