NOT LISTED FOR SALE

The Lofts at Orchidhouse Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $466,000 - $552,000

1 Bed
1 Bath
1,203 Sq Ft
$384/mo HOA Fee

Last Sold September 15, 2012

Last sale price $350,000 $291 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,460/month

34 Days on Market

Highlights

  • Transportation Service
  • The property is located in a historic district
  • City Lights View
  • Unit is on the top floor
  • Gated Community
  • 1-minute walk to Ragsdale-MLK Park

About This Home

As of September 2012

Live in the heart of Downtown Tempe in this amazing 3rd floor loft at the Orchidhouse. Stunning corner unit with north exposure and direct elevator access. This open-plan loft has 11 foot ceilings, wrapped on two sides with large operable windows and warm cherry wood flooring throughout. Architectural details include a custom suspended wood shelf partition and beautiful kitchen with stainless steel appliances and black granite counter tops. Plans are available to create into a 2 bedroom. Schedule a time to see for yourself! Zoned ''live/work'' for entrepreneurs looking for a cultured and vibrant space to office.
The Orchidhouse Lofts are just off Mill Avenue surrounded by shops and bistros, steps away from the light rail system, ASU, and much more!

Last Agent to Sell the Property

Tom Tokoph

Urban Realty & Development, LLC License #BR114305000 Listed on: 06/15/2012

Last Buyer's Agent

Tom Tokoph

Urban Realty & Development, LLC License #BR114305000 Listed on: 06/15/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,392

Year Built

  • Built in 2003

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $384 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking
  • Community Parking Structure

Property Views

  • City Lights
  • Mountain

Home Design

  • Loft
  • Contemporary Architecture
  • Brick Exterior Construction
  • Foam Roof
  • Stone Exterior Construction
  • Metal Construction or Metal Frame

Interior Spaces

  • 1,203 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

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

  • Mckemy Middle School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 345
  • Assessor Parcel Number 132-27-214

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, gas, trash, water, roof replacement, maintenance exterior
  • Kinney Management Association, Phone Number (480) 820-3451
  • High-Rise Condominium
  • Built by Brownstone Residential
  • Lofts At Orchidhouse Subdivision
  • 7-Story Property

Amenities

  • Transportation Service

Recreation

  • Bike Trail

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,392

Year Built

Built in 2003

Lot Details

0

HOA Fees

$384 per month

Parking

2

Listing Details

  • Cross Street: 6th Street & Mill Avenue
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 384.34
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2003
  • Tax Year: 2011
  • Directions: From Mill Avenue & University head North on Mill Avenue to 6th Street. Take right on 6th Street (East) to 7 story brick Orchidhouse building.
  • Attribution Contact: 602-549-9000
  • Property Sub Type: Loft Style
  • Subdivision Name: Lofts at Orchidhouse
  • Architectural Style: Contemporary
  • Efficiency: Multi-Pane Wndws
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 384.34
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Building Style:High Rise: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Tile, Wood
  • Possible Use: Other, See Remarks
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Elevator, Fire Sprinklers, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1203.0
  • Stories: 7
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Community Features:Gated Community2: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • Community Features:Transportation Svcs: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Below, Neighbor Above, End Unit
  • Construction Type: Brick Veneer, Stone, Brick, Frame - Metal, Other, See Remarks
  • Roof: Foam, Other, See Remarks
  • Construction:Other (See Remarks)23: Yes
  • Construction:Frame - Metal: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned, Community Structure
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Transportation Svcs, Near Light Rail Stop, Near Bus Stop, Historic District, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 384.34
  • Association Fee Frequency: Monthly
  • Association Name: Kinney Management
  • Phone: 480-820-3451
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 500.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Kinney Management
  • Association Fees:HOA Telephone4: 480-820-3451
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 768.0
  • 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
  • Association Fee Incl:Gas6: Yes

Fee Information

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

Schools

  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 120.0
  • Parcel #: 132-27-214
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Brownstone Residential

Tax Info

  • Tax Annual Amount: 2392.0
  • Tax Book Number: 132.00
  • Tax Lot: 345
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2012
Closed on
Sep 6, 2012
Sold by
Abel Mark E and Abel Cheryl K
Bought by
Skihard Llc
Seller's Agent
Tom Tokoph
Urban Realty & Development, LLC
Buyer's Agent
Tom Tokoph
Urban Realty & Development, LLC
List Price
$385,000
Sold Price
$350,000
Premium/Discount to List
-$35,000
-9.09%
Current Estimated Value
$503,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,053
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Nov 14, 2003
Sold by
Ladriere Christopher L
Bought by
Abel Mark E and Abel Cheryl K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2003
Sold by
Mcw Orchidhouse Llc
Bought by
Ladriere Christopher L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,371
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Skihard Llc $350,000 First American Title Ins Co
Abel Mark E $317,000 Equity Title Agency Inc
Ladriere Christopher L $258,286 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abel Mark E $238,400
Previous Owner Abel Mark E $253,600
Previous Owner Ladriere Christopher L $245,371
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2012 09/15/12 Sold $350,000 -9.1% $291 / Sq Ft
07/19/2012 07/19/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $385,000 -- $320 / 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 $4,024 $35,927 -- --
2024 $3,976 $34,217 -- --
2023 $3,976 $35,380 $7,070 $28,310
2022 $3,814 $31,480 $6,290 $25,190
2021 $3,840 $30,760 $6,150 $24,610
2020 $3,724 $28,150 $5,630 $22,520
2019 $3,878 $28,460 $5,690 $22,770
2018 $4,088 $29,300 $5,860 $23,440
2017 $4,127 $31,010 $6,200 $24,810
2016 $4,098 $30,620 $6,120 $24,500
2015 $3,936 $31,950 $6,390 $25,560
Source: Public Records

Agents Affiliated with this Home

  • Tom Tokoph

    Seller's Agent in 2012

    Tom Tokoph

    Urban Realty & Development, LLC

    (480) 829-1000

    22 in this area

    31 Total Sales

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About The Lofts at Orchidhouse

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4774655

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-27-214

Arizona Maricopa County Tempe 85281

Downtown Tempe

This home since 15 June 2012 and is currently estimated at $501,197, approximately $416 per square foot. This property was built in 2003. This home is a home located in Maricopa County with nearby schools including Scales Technology Academy, Tempe High School, and New School for the Arts & Academics.

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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