NOT LISTED FOR SALE

Estimated Value: $426,589 - $528,000

1 Bed
1 Bath
885 Sq Ft
$354/mo HOA Fee

Last Sold November 15, 2018

Last sale price $304,000 $344 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,060/month

141 Days on Market

Highlights

  • Concierge
  • Gated with Attendant
  • Furnished
  • Navajo Elementary School Rated A-
  • Contemporary Architecture
  • Heated Community Pool

About This Home

As of November 2018

Stunning loft in Old Town Scottsdale! Walking distance to entertainment, dining, shopping, and more. Open floorplan with wood like flooring and floor to ceiling windows! Loft bedroom has plush carpeting and spacious walk in closet! Eat in kitchen is complete with a plethora of cabinets, stainless steel appliances, and ample counter space. 3/4 bathroom with single sink vanity and private toilet room. Community cabana-style pool showcasing an outdoor spa and fireplace, state of the art fitness center, underground parking and friendly on-site concierge staff are only a few of the amazing amenities this building has to offer. Resort style living in the heart of Old Town Scottsdale.

Last Agent to Sell the Property

Jared Rodham

My Home Group Real Estate License #SA660706000 Listed on: 05/30/2018

Co-Listed By

Molly Rodham

My Home Group Real Estate License #SA657835000

Last Buyer's Agent

Regina Buzzello

Realty ONE Group License #SA628880000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,703

Year Built

  • Built in 2004

HOA Fees

  • $354 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 885 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Location

  • Unit is below another unit

Schools

  • Navajo Elementary School
  • Mohave Middle School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 111
  • Assessor Parcel Number 173-51-120

Community Details

Overview

  • Association fees include roof repair, pest control, cable TV, ground maintenance, front yard maint, trash, roof replacement, maintenance exterior
  • 3Rd Ave Lofts Association, Phone Number (480) 551-4300
  • Built by 3RD AVE
  • 3Rd Avenue Lofts Subdivision, 3Rd Avenue Lof Floorplan
  • 5-Story Property

Amenities

  • Concierge
  • Recreation Room

Recreation

  • Community Spa

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,703

Year Built

Built in 2004

Lot Details

0

HOA Fees

$354 per month

Parking

1

Listing Details

  • Cross Street: SCOTTSDALE ROAD & INDIAN SCHOOL
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 353.87
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Tax Year: 2017
  • Directions: West on Indian School, right on Buckboard, right on 3rd Ave, complex is on the right.
  • Master Model: 3rd avenue- Lof
  • Property Sub Type: Apartment
  • Horses: No
  • Co List Office Mls Id: myhg02
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: 3rd AVENUE LOFTS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 353.87
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, 9+ Flat Ceilings, Furnished(See Rmrks), Pantry, Full Bth Master Bdrm
  • Living Area: 885.0
  • Stories: 5
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Concierge: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • Disclosures: None
  • Common Walls: Neighbor Above
  • Construction Type: Brick Veneer, Stucco, Brick
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Security: Fire Sprinkler System, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Guarded Entry, Concierge
  • Association Fee: 353.87
  • Association Fee Frequency: Monthly
  • Association Name: 3rd Ave Lofts
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: 3rd Ave Lofts
  • Association Fees:HOA Telephone4: 480-551-4300
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard 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:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes
  • Association Fee Incl:Cable or Satellite: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Pest Control, Cable TV, Maintenance Grounds, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Navajo Elementary School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Parcel #: 173-51-120

Building Info

  • Builder Name: 3RD AVE

Tax Info

  • Tax Annual Amount: 1703.0
  • Tax Book Number: 173.00
  • Tax Lot: 111
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Nov 6, 2018
Sold by
White Marcia and Patterson Jere W
Bought by
Buchan Bruce and Buchan Mary
Seller's Agent
Jared Rodham
My Home Group Real Estate
Buyer's Agent
Regina Buzzello
Realty ONE Group
List Price
$315,000
Sold Price
$304,000
Premium/Discount to List
-$11,000
-3.49%
Current Estimated Value
$486,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,897
Avg. Annual Appreciation
7.32%

Purchase Details

Closed on
Aug 4, 2009
Sold by
Federal National Mortgage Association
Bought by
White Marcia and Patterson Jere W

Purchase Details

Closed on
Jun 24, 2009
Sold by
Maddox Christopher C
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Apr 25, 2005
Sold by
Parsons Johnny
Bought by
Maddox Christopher C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2004
Sold by
Third Avenue Lofts Llc
Bought by
Parsons Johnny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 14, 2004
Sold by
Parsons Lisa M
Bought by
Parsons Johnny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,460
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
Buchan Bruce $304,000 Old Republic Title Agency
White Marcia $175,000 Fidelity Natl Title Ins Co
Aurora Loan Services Llc $323,986 None Available
Maddox Christopher C $385,000 First American Title Ins Co
Parsons Johnny $193,000 Capital Title Agency Inc
Parsons Johnny -- Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maddox Christopher C $179,000
Previous Owner Maddox Christopher C $308,000
Previous Owner Parsons Johnny $105,000
Previous Owner Parsons Johnny $184,460
Closed Maddox Christopher C $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $304,000 -1.9% $344 / Sq Ft
08/13/2018 08/13/18 Price Changed $310,000 -1.6% $350 / Sq Ft
05/30/2018 05/30/18 For Sale $315,000 0.0% $356 / Sq Ft
12/01/2016 12/01/16 Rented $1,595 0.0% --
11/21/2016 11/21/16 Under Contract -- -- --
11/15/2016 11/15/16 For Rent $1,595 0.0% --
11/01/2016 11/01/16 Rented $1,595 0.0% --
10/21/2016 10/21/16 Under Contract -- -- --
10/07/2016 10/07/16 For Rent $1,595 0.0% --
07/26/2016 07/26/16 Rented $1,595 0.0% --
07/06/2016 07/06/16 Price Changed $1,595 -6.2% $2 / Sq Ft
05/12/2016 05/12/16 Price Changed $1,700 -12.8% $2 / Sq Ft
04/05/2016 04/05/16 For Rent $1,950 -2.5% --
03/27/2015 03/27/15 Rented $2,000 0.0% --
03/23/2015 03/23/15 Under Contract -- -- --
08/04/2014 08/04/14 For Rent $2,000 0.0% --
04/12/2014 04/12/14 Rented $2,000 +2.6% --
04/01/2014 04/01/14 Under Contract -- -- --
03/21/2014 03/21/14 For Rent $1,950 -- --
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 $1,348 $28,477 -- --
2024 $1,589 $27,121 -- --
2023 $1,589 $31,550 $6,310 $25,240
2022 $1,513 $26,730 $5,340 $21,390
2021 $1,641 $25,510 $5,100 $20,410
2020 $1,626 $24,600 $4,920 $19,680
2019 $1,577 $24,480 $4,890 $19,590
2018 $1,778 $24,260 $4,850 $19,410
2017 $1,703 $24,580 $4,910 $19,670
2016 $1,670 $21,450 $4,290 $17,160
2015 $1,590 $28,500 $5,700 $22,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5772752

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-51-120