NOT LISTED FOR SALE

Estimated Value: $2,031,740

2 Beds
2.5 Baths
3,893 Sq Ft
2005 Built

Sale Details

Date Sold: June 24, 2021

Last sale price $1,100,000 $283 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $14,993 / mo

402 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Heated Spa
  • Navajo Elementary School Rated A-
  • Penthouse
  • Two Primary Bedrooms

About This Home

As of June 2021

This immaculate 3,893 sq ft residence known as Penthouse 1 was created by the owner when the property was built. Three premier units were combined to form this spacious one of kind penthouse over Old Town Scottsdale. You will find a gourmet kitchen equipped with Viking appliances, floor to ceiling windows and doors throughout, wireless shades, smart-home technology and an incredible master suite with luxurious spa bathroom! Enjoy incredible outdoor living on three separate balconies with panoramic city and mountain views. Six reserved garage parking spaces are included + a separate 11'x11' storage room. The community offers concierge services, fitness center, heated pool/ spa, courtyard w/BBQ and F/place. HOA fees include DirecTV, high-speed internet, Water, Sewer, Garbage and Gas.

Last Agent to Sell the Property

Jared Rodham

My Home Group Real Estate License #SA660706000 Listed on: 03/19/2020

Co-Listed By

Molly Rodham

My Home Group Real Estate License #SA657835000

Last Buyer's Agent

Molly Rodham

The Ave Collective License #SA657835000

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,509

Year Built

  • Built in 2005

HOA Fees

  • $2,747 Monthly HOA Fees

Parking

  • 6 Car Garage
  • Assigned Parking

Property Views

  • City Lights

Home Design

  • Penthouse
  • Contemporary Architecture
  • Brick Veneer
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 3,893 Sq Ft Home
  • Wet Bar
  • Furnished
  • Wired For Sound
  • Double Pane Windows
  • Mechanical Sun Shade
  • Solar Screens
  • Formal Dining Room
  • Smart Home

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • Private Water Closet
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Heated Spa

Schools

  • Pueblo Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Wrought Iron Fence

Listing and Financial Details

  • Tax Lot 501
  • Assessor Parcel Number 173-51-190

Community Details

Overview

  • Association fees include maintenance exterior, roof repair, roof replacement, insurance, water, sewer, trash, pest control, gas, cable TV, ground maintenance
  • First Service Resid Association, Phone Number (480) 551-4300
  • High-Rise Community
  • Built by 3rd Avenue Communities
  • 3Rd Avenue Lofts Condominium Subdivision
  • 5-Story Property

Recreation

  • Community Spa

Additional Features

  • Concierge
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,509

Year Built

Built in 2005

Lot Details

0 Sq Ft Lot

HOA Fees

$2,747 per month

Parking

6

Listing Details

  • Cross Street: 3rd Ave & Scottsdale Rd.
  • Property Type: Residential
  • Ownership: Condominium
  • Association Fees Community Facilities District: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 2747.03
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2019
  • Property Sub Type: Apartment
  • Horses: No
  • Co List Office Mls Id: myhg02
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: 3RD AVENUE LOFTS CONDOMINIUM
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 282.56
  • Const - Finish:Const - Finish: Brick Veneer
  • Cooling:Cooling: Central Air
  • Technology:Technology: Pre-Wire Srnd Snd, Cable TV Avail, Smart Home
  • Building Style:Building Style: High Rise
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: Heated
  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Oven, Gas Range, Washer, Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, 2 Master Baths, Tub with Jets, Walk-in Pantry, Smart Home, Wet Bar, No Interior Steps, Furnished(See Rmrks)
  • Living Area: 3893.0
  • Stories: 5
  • Window Features: Solar Screens, Dual Pane, Mechanical Sun Shds
  • Additional Bedroom:Additional Bedroom: 2 Master Bedrooms
  • Dining Area:Dining Area: Formal
  • Interior Features:Interior Features: Wet Bar, Fire Sprinkler System, No Interior Steps, Furnished(See Rmrks)
  • Kitchen Features:Kitchen Features: Dishwasher, Disposal, Refrigerator, Walk-in Pantry, Gas Oven, Gas Range
  • Laundry:Laundry: Washer Included, Dryer Included, Inside
  • Master Bathroom:Master Bathroom: Full Bth Master Bdrm, Separate Shwr & Tub, 2 Master Baths, Tub with Jets, Private Toilet Room
  • Master Bedroom:Master Bedroom: Not Split
  • Window Features:Window Features: Solar Screens, Dual Pane, Mechanical Sun Shds

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail
  • Common Walls: All on One Level, Penthouse
  • Construction Type: Block, Steel Frame, Brick Veneer
  • Roof: Built-Up
  • General Property Description:Community Pool YN2: Yes
  • General Property Description:Private Pool YN2: No
  • Community Pool Features:Community Pool Features: Heated

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Assigned Parking, Gated
  • Attached Garage: No
  • Garage Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Utilities:Utilities: APS, SW Gas

Condo/Co-op/Association

  • Community Features: Community Spa, Community Spa Htd, Concierge, Gated, Fitness Center
  • Association Fee: 2747.03
  • Association Fee Frequency: Monthly
  • Association Name: Third Avenue Lofts
  • Phone: 4807736061
  • Association: Yes

Association/Amenities

  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 5299.1
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:HOA Management Company: First Service Resid
  • Association Fees:HOA Management Phone: 4805514300
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Exterior, Roof Repair, Roof Replacement, Insurance, Water, Sewer, Trash, Pest Control, Gas, Cable TV, Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 161.0
  • Parcel #: 173-51-190

Building Info

  • Builder Name: 3rd Avenue Communities

Tax Info

  • Tax Annual Amount: 8509.08
  • Tax Lot: 501

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
Mar 19, 2020
Closed on
Jun 18, 2021
Sold by
Leon Nancy and Schuman Mary
Bought by
Seller's Agent
Jared Rodham
My Home Group Real Estate
Buyer's Agent
Molly Rodham
The Ave Collective
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%
Current Estimated Value
$2,031,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$931,740
Avg. Annual Appreciation
12.42%
Original Mortgage
$825,000
Outstanding Balance
$728,800
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,302,940

Purchase Details

Closed on
Jun 18, 2017
Sold by
Leon Nancy and Schuman Mary
Bought by
Leon Nancy and Schuman Mary

Purchase Details

Closed on
Jun 18, 2015
Sold by
Grossman Ryna Jean and Schuman David G
Bought by
Grossman Ryna Jean and Leon Nancy

Purchase Details

Closed on
Aug 20, 2008
Sold by
Grossman Ryna Jean
Bought by
Grossman Ryna Jean and Schuman David G

Purchase Details

Closed on
Oct 4, 2005
Sold by
Third Avenue Lofts Llc
Bought by
Grossman Ryna Jean and The Harold & Jean Grossman Family Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Old Town Scottsdale, AZ

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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
$1,100,000 Lawyers Title Of Arizona Inc
Leon Nancy -- None Available
Grossman Ryna Jean -- None Available
Grossman Ryna Jean -- None Available
Grossman Ryna Jean $1,654,843 Capital Title Agency Inc
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 $825,000
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
06/24/2021 06/24/21 Sold $1,100,000 -4.3% $283 / Sq Ft
06/24/2021 06/24/21 Price Changed $1,150,000 0.0% $295 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $1,150,000 0.0% $295 / Sq Ft
02/10/2021 02/10/21 Price Changed $1,150,000 +4.5% $295 / Sq Ft
09/21/2020 09/21/20 Off Market $1,100,000 -- --
06/05/2020 06/05/20 Price Changed $1,350,000 -6.9% $347 / Sq Ft
03/19/2020 03/19/20 For Sale $1,450,000 -- $372 / 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 $9,316 $141,262
2024 $9,447 $134,535
2023 $9,447 $155,530 $31,090 $124,440
2022 $8,963 $147,010 $29,380 $117,630
2021 $9,523 $146,430 $29,270 $117,160
2020 $9,440 $147,650 $29,510 $118,140
2019 $8,509 $148,190 $29,620 $118,570
2018 $8,220 $153,810 $30,750 $123,060
2017 $7,848 $142,490 $28,490 $114,000
2016 $7,684 $121,900 $24,370 $97,530
2015 $7,285 $142,800 $28,550 $114,250
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6052866

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-51-190

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