NOT LISTED FOR SALE

Lofts on Thomas 535 W Thomas Rd Unit 507 Phoenix, AZ 85013

Willo Neighborhood

Estimated Value: $243,000 - $292,000

1 Bed
1 Bath
934 Sq Ft
$301/ mo HOA Fee

Last Sold May 12, 2021

Last sale price $247,500 $265 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,852/month

38 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
  • Mountain View

About This Home

As of May 2021

Beautiful 1 bedroom ''Margarita'' Floorplan located on the 5th floor (Top Floor) overlooking the pool with stunning south mountain views! The unit is finished in warm modern finishes. From the waterfall quartz island to the modern cabinets this unit was well designed. This floorplan has a large laundry room, a spa like bathroom and an open floorplan. The building offers secure parking, A heated pool, Bbq area, Entertainment/Social room, Work area, gym, yoga studio and so much more!

Last Agent to Sell the Property

James Carlisto Jr.

Jason Mitchell Real Estate License #SA646417000 Listed on: 03/12/2021

Jason Mitchell Real Estate

Last Buyer's Agent

Terri Welch

HomeSmart License #SA652932000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,329

Year Built

  • Built in 2008

Lot Details

  • 871

HOA Fees

  • $301 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Foam Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Gated Parking
  • Assigned Parking

Location

  • Unit is on the top floor
  • Property is near public transit and 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

  • No Interior Steps
  • Built-In Barbecue
  • 1 Common Wall

Listing and Financial Details

  • Tax Lot 507
  • Assessor Parcel Number 118-42-281

Community Details

Overview

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

Amenities

  • Recreation Room
  • Community Media Room

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,329

Year Built

Built in 2008

Lot Details

871 Sq Ft Lot

HOA Fees

$301 per month

Listing Details

  • Cross Street: 7th Ave and Thomas
  • 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: 300.62
  • Basement: N
  • Bathrooms Year Updated: 2013
  • Items Updated Floor Yr Updated: 2013
  • Items Updated Kitchen Yr Updated: 2013
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2020
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2020
  • 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: 264.98
  • 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: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Breakfast Bar, Elevator, 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:Kitchen Island: 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

Exterior Features

  • Fencing: None
  • Exterior Features: Built-in Barbecue
  • Lot Features: Alley
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Below
  • Construction Type: Stucco, Steel Frame, Painted
  • Roof: Foam
  • 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

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air
  • 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 Htd, Community Pool, Near Light Rail Stop, Near Bus Stop, Historic District, Community Media Room, Fitness Center
  • Association Fee: 300.62
  • Association Fee Frequency: Monthly
  • Association Name: City Property Mgmt
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: City Property Mgmt
  • 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 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, 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: 934.0
  • Parcel #: 118-42-281

Building Info

  • Builder Name: Summit

Tax Info

  • Tax Annual Amount: 2329.0
  • Tax Book Number: 118.00
  • Tax Lot: 507
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
May 6, 2021
Sold by
Maxey Paul Allan and Sanchez Eunice
Bought by
Shaw Benjamin
Seller's Agent
James Carlisto Jr.
Jason Mitchell Real Estate
Buyer's Agent
Terri Welch
HomeSmart
List Price
$250,000
Sold Price
$247,500
Premium/Discount to List
-$2,500
-1%
Current Estimated Value
$272,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,566
Avg. Annual Appreciation
1.97%
Original Mortgage
$235,125
Outstanding Balance
$213,082
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$58,984

Purchase Details

Listed on
Jan 19, 2018
Closed on
Jan 25, 2018
Sold by
Willson Bradley R and Willson Susan A
Bought by
Maxey Paul Allan and Sanchez Eunice
Seller's Agent
Dennis Rosvall
Urban House Realty
Buyer's Agent
Michael Roubal
Dwellings Realty Group
List Price
$214,900
Sold Price
$214,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$204,150
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2015
Closed on
Feb 11, 2015
Sold by
Lead Phoenix Llc
Bought by
Willson Bradley R and Willson Susan A
Seller's Agent
Dennis Rosvall
Urban House Realty
Buyer's Agent
Susan Willson
Urban House Realty
List Price
$194,900
Sold Price
$194,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$185,155
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage
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
Shaw Benjamin $247,500 Lawyers Title Of Arizona Inc
Maxey Paul Allan $214,900 North American Title Company
Willson Bradley R $194,900 Fidelity Natl Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Benjamin $235,125
Previous Owner Maxey Paul Allan $204,150
Previous Owner Willson Bradley R $185,155
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2021 05/12/21 Sold $247,500 0.0% $265 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
03/21/2021 03/21/21 Price Changed $247,500 -1.0% $265 / Sq Ft
03/07/2021 03/07/21 For Sale $250,000 +16.3% $268 / Sq Ft
01/29/2018 01/29/18 Sold $214,900 0.0% $230 / Sq Ft View Prior Sale
01/19/2018 01/19/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $214,900 +10.3% $230 / Sq Ft
02/18/2015 02/18/15 Sold $194,900 0.0% $209 / Sq Ft View Prior Sale
02/03/2015 02/03/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $194,900 -- $209 / 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 $1,636 $19,492 -- --
2024 $2,070 $18,564 -- --
2023 $2,070 $20,510 $4,100 $16,410
2022 $2,061 $17,330 $3,460 $13,870
2021 $2,122 $17,070 $3,410 $13,660
2020 $2,329 $18,080 $3,610 $14,470
2019 $2,228 $16,470 $3,290 $13,180
2018 $1,897 $18,720 $3,740 $14,980
2017 $1,789 $16,610 $3,320 $13,290
2016 $1,722 $19,380 $3,870 $15,510
2015 $1,604 $15,900 $3,180 $12,720
Source: Public Records

Agents Affiliated with this Home

  • James Carlisto Jr.

    Seller's Agent in 2021

    James Carlisto Jr.

    Jason Mitchell Real Estate

    (480) 242-6588

    1 in this area

    163 Total Sales

    James Carlisto Jr.
    Section Image
  • Terri Welch

    Buyer's Agent in 2021

    Terri Welch

    HomeSmart

    (602) 989-2604

    1 in this area

    12 Total Sales

    Terri Welch
    Section Image

  • D

    Seller's Agent in 2018

    Dennis Rosvall

    Urban House Realty

  • M

    Buyer's Agent in 2018

    Michael Roubal

    Dwellings Realty Group

    Section Image

  • S

    Buyer's Agent in 2015

    Susan Willson

    Urban House Realty

    Section Image
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About Lofts on Thomas

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6204042

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-42-281

Arizona Maricopa County Phoenix 85003 Willo

535 W Thomas Rd Unit 507, Phoenix, AZ

Not Listed for Sale

Condos

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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