4 months on rocket

114 W Adams St Unit 506, Phoenix, AZ, 85003

$519,900

Home List Price

$6,174*

Closing Credit

2 Bedrooms
1 Bath
1,200 SqFt
$433/SqFt
Condo
Schools Nearby

Location

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114 W Adams St Unit 506, Phoenix$519,900

Buyer Closing Credits

$6,174*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAddtn'l Purchasable
Year Built2005
HeatingElectric
CoolingCeiling Fan(s)
FireplaceNone
MLS #6640461
Lot Size0.03 Acres
StatusActive

About 114 W Adams St Unit 506

Urban Elegance in the Heart of Phoenix: Discover the epitome of urban downtown living in this prestigious MOVE-IN-READY 2-Bedroom, 1-Bath loft, within the historic Orpheum Lofts Art Deco building that seamlessly combines timeless elegance with modern amenities. This unit offers an exquisite blend of classic charm and contemporary comfort. The open-concept design showcases red-brick walls and exposed ductwork, and a stunning wall of windows overlooking the courtyard, providing a stylish industrial edge that's as unique as it is inviting. A full kitchen with a complete appliance package and the convenience of a washer and dryer in-unit ensures that your daily life flows with ease. Built in 1931 as office space and completely renovated in 2005 into this fabulous residential community, this historic building stands as a testament to Phoenix's rich heritage, offering a timeless atmosphere that is truly one-of-a-kind. This unit provides an elegant interior and is privy to a suite of top-tier amenities. Enjoy the luxury of a heated pool and spa, a sauna and steam room, additional storage, and a well-equipped fitness center. The spacious clubroom and office center make remote work and meetings a breeze, and a 24-hour doorman adds an extra layer of security and convenience. Location is everything, and this loft's prime spot puts you within walking distance of some of Phoenix's most beloved attractions. The Orpheum Lofts is just steps away from exquisite entertainment, culinary delights, sporting venues, grand theaters, and the ever popular Roosevelt Row making it easy to enjoy the vibrant cultural and sporting scene that the city offers. If you're seeking a residence that blends historic charm, contemporary comfort, and unbeatable location, this Orpheum Lofts 2-bedroom loft is the perfect choice. Don't miss the chance to call this unique and inviting space your home. Make an offer today!

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 2005
  • Stories: 11
  • Living Area: 1,200 SqFt

Listing Office:

  • Office Name: Howe Realty
  • Office Phone: (602) 909-6513
  • Listing Agent: Brandon Howe, Erin T Payne

Interior Features

Interior Information:

  • Flooring Type: Tile, Wood
  • Interior: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Addtn'l Purchasable

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Phoenix Union Bioscience High School, Public District Grades 9-12
  • Franklin Police and Fire High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: Head south on N 1st Ave toward W Van Buren St. Turn right onto W Adams St. Destination will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $519,900
  • Price Per SqFt: $433/SqFt

HOA Fees:

  • Amount: $980
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,349
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

Med. Sold Price

$440K

Med. Price/SqFt

$281

Avg. Days On Market

54

# of Sold Homes

1488

114 W Adams St Unit 506 vs Phoenix

135 DAYS ON ROCKET

+81 Days

$519,900

+$79.8K More

$433/SqFt

+$152 More

KEY TAKEAWAY

This property is $79.8K more than the Median Sold Price and $152/SqFt more than other homes in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6640461

Listing Office:

  • Office Name: Howe Realty
  • Office Phone: (602) 909-6513
  • Listing Agent: Brandon Howe, Erin T Payne

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 2:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 22, 2005Home Sold
$364,930

Tax History

YEARPROP. TAXASSESSMENT
2021$1,349$13,200
2020$1,390$13,330
2019$1,362$13,265
2017$1,327$11,740

History based on county public records data.

Payment Calculator

$3,642

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,625

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-1299560
9
/10
  • Phoenix Union Bioscience High School

  • 512 E Pierce St

  • 0.66 miles

  • Public District Grades 9-12

school-card-donut-1299561
8
/10
  • Franklin Police and Fire High School

  • 1645 W Mcdowell Rd

  • 1.55 miles

  • Public District Grades 9-12

school-card-donut-1299562
3
/10
  • Central High School

  • 4525 N Central Ave

  • 3.66 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,955. Most Phoenix, AZ residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 114 W Adams St Unit 506

What is the listing price of this property?

The listing price of 114 W Adams St Unit 506 property is $519,900.

What type of property is this?

The property 114 W Adams St Unit 506 is a condo located in Phoenix, Arizona, 85003.

Is this property for sale now?

Active Listing: 114 W Adams St Unit 506 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 114 W Adams St Unit 506 are:
Phoenix Union Bioscience High School: GreatSchools Rating 9/10
Franklin Police and Fire High School: GreatSchools Rating 8/10
Central High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,349 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 22, 2005 for $364,930. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 114 W Adams St Unit 506 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 114 W Adams St Unit 506 is 1,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 114 W Adams St Unit 506 is 2005.

Rocket Homes›Arizona›Maricopa County›Phoenix›85003›114 W Adams St Unit 506

This home is located at 114 W Adams St Unit 506 in Phoenix, AZ and zip code 85003 in the Central City neighborhood. This 1,200 square foot home, which was built in 2005, sits on a 0.03 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 14, 2023 and is currently priced at $519,900.

In March 2024 more than 282 listings in Phoenix, AZ were sold above the asking price. During the same period more than 418 listings were sold at asking price, while more than 788 were sold below. In March 2024 in Phoenix, AZ there were 7.8% more homes for sale than in February 2024. While the average time on the market in March 2024 was 54 days, the median list price was $440,050.

From Rocket Homes Real Estate and based on county public records data.

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