NOT LISTED FOR SALE

Estimated Value: $329,480

1 Bed
2 Baths
1,208 Sq Ft
1,307 Sq Ft Lot

Sale Details

Date Sold: August 31, 2020

Last sale price $265,000 $219 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,512 / mo

42 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Gated Community
  • Phoenix Coding Academy Rated A
  • Gated Parking
  • City Lights View

About This Home

As of August 2020

Welcome to the Lofts on Thomas, a modern urban oasis to live, work, play & relax in Midtown Phoenix. The Lofts on Thomas offers you effortless, turnkey ownership in a location convenient to everything you want to do. Enjoy luxury living near an abundance of culinary selections, creative arts, professional sports, healthcare & employment opportunities to fulfill your dream lifestyle morning, noon & 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, get your body in perfect shape in our state-of-the-art fitness center or relax and find your zen in our yoga & dance studio.

This 5th Floor industrial modern styled 1 bedroom, 1.75 bathroom, 1.208sf loft blends the warm textures of a wood barn door, exposed mechanicals & steampunk iron fixtures with Quartz counters, upgraded SS appliances, deep SS farm sink, 12'x24' offset tile and a soothing pallet of colors. Extra touches include floating vanities, a huge walk-in closet, in-suite laundry and 1 gated, covered & reserved parking space.

The Lofts on Thomas is a solid concrete construction, pet-friendly community which also offers elevators, secured bike storage and more. Located in the heart of Midtown Phoenix and close to light rail, Arts & Entertainment, St. Joseph's Hospital, the new Creighton Medical School under construction at Park Central, and all that Central Phoenix has to offer.

Last Agent to Sell the Property

Dennis Rosvall

REMAX Prime License #BR107990000 Listed on: 06/09/2020

Last Buyer's Agent

Matt Hiatt

HomeSmart License #SA109557000

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,688

Year Built

  • Built in 2008

Lot Details

  • End Unit
  • 1 Common Wall
  • Block Wall Fence

HOA Fees

  • $399 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Home Design

  • Foam Roof
  • Block Exterior
  • Metal Construction or Metal Frame
  • Stucco

Interior Spaces

  • 1,208 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Triple Pane Windows
  • Wood Frame Window
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Home Security

Parking

  • 1 Carport Space
  • Gated Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Hallway
  • Doors with lever handles
  • 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 and bus stop

Schools

  • Encanto Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 511
  • Assessor Parcel Number 118-42-285

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 Community
  • Built by Summit DCK
  • Lofts On Thomas Condominium Subdivision, Encanto Floorplan
  • FHA/VA Approved Complex
  • 5-Story Property

Amenities

  • Recreation Room

Recreation

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,688

Year Built

Built in 2008

Lot Details

1,307 Sq Ft Lot

HOA Fees

$399 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: 398.71
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2019
  • Master Model: Encanto
  • Property Sub Type: Loft Style
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: LOFTS ON THOMAS CONDOMINIUM
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 219.37
  • Association Fees:HOA Fee2: 398.71
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Building Style:High Rise: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Zero-Grade Entry, Lever Handles, Hard/Low Nap Floors, Accessible Hallway(s)
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Elevator, Fire Sprinklers, Wet Bar, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1208.0
  • Stories: 5
  • Window Features: Wood Frames, Triple Pane Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: 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
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Pool Htd, Near Light Rail Stop, Near Bus Stop, Clubhouse, Fitness Center
  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks), VA Approved Prjct
  • Association Fee: 398.71
  • Association Fee Frequency: Monthly
  • Association Name: Lofts on Thomas C.A.
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lofts on Thomas C.A.
  • 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
  • Association Fees:Cap ImprovementImpact Fee 2: 1196.0
  • 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: 1126.0
  • Parcel #: 118-42-285
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Summit DCK

Tax Info

  • Tax Annual Amount: 2688.0
  • Tax Book Number: 118.00
  • Tax Lot: 511
  • Tax Map Number: 42.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Aug 26, 2020
Sold by
Rosvall Dennis Jay and Rosvall Jennifer Lynn
Bought by
Seller's Agent
Dennis Rosvall
REMAX Prime
Buyer's Agent
Matt Hiatt
HomeSmart
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$329,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,480
Avg. Annual Appreciation
3.67%
Original Mortgage
$251,750
Outstanding Balance
$217,756
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$111,724

Purchase Details

Closed on
Sep 18, 2017
Sold by
Rosvall Dennis J and Rosvall Jennifer L
Bought by
Rosvall Dennis Jay and Rosvall Jennifer Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,282
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 29, 2014
Closed on
Feb 24, 2015
Sold by
Lead Phoenix Llc
Bought by
Rosvall Dennis and Rosvall Jennifer L
Seller's Agent
Dennis Rosvall
Urban House Realty
Buyer's Agent
Dennis Rosvall
REMAX Prime
List Price
$254,900
Sold Price
$249,900
Premium/Discount to List
-$5,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Original Mortgage
$417,810
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$265,000 Security Title Agency Inc
Rosvall Dennis Jay -- Security Title Agency Inc
Rosvall Dennis $439,800 Fidelity Natl Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $251,750
Closed Rosvall Dennis Jay $7,978
Previous Owner Rosvall Dennis Jay $235,282
Previous Owner Rosvall Dennis Jay $234,875
Previous Owner Rosvall Dennis $417,810
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $265,000 -3.6% $219 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $275,000 -- $228 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,033 $26,544
2024 $2,820 $25,280
2023 $2,820 $26,870 $5,370 $21,500
2022 $2,807 $22,930 $4,580 $18,350
2021 $2,898 $22,710 $4,540 $18,170
2020 $2,820 $24,230 $4,840 $19,390
2019 $2,688 $22,200 $4,440 $17,760
2018 $2,591 $25,570 $5,110 $20,460
2017 $1,542 $21,820 $4,360 $17,460
2016 $1,705 $16,480 $3,290 $13,190
2015 $1,585 $13,710 $2,740 $10,970
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6088623

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-42-285

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