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$725,000

Beds
2
Baths
2.0
sq ft
1,706

114 West Adams Street Unit 203, Phoenix, AZ 85003

114 West Adams Street Unit 203

Phoenix, AZ 85003

  • <1 day on market
Step into the timeless charm of The Orpheum Lofts in Downtown Phoenix, where history meets modern sophistication. This iconic art-deco building now offers one of its most desirable and spacious units for sale, tucked away in the coveted northeast corner. This unique home has direct access to the lush 2nd-floor outdoor courtyard featuring barbecue grill, garden, and comfortable lounge seating—perfect for entertaining or relaxing. Inside, the unit exudes character with exposed brick walls and rich cherry wood floors throughout. The thoughtfully designed split-bedroom layout includes a completely remodeled kitchen along with many more upgrades totaling over $125K done in 2022. Some upgrades include: Whole house filtration, Tankless Water Heater, Salt Free Water Softener, & Smart Home System. Residents of The Orpheum Lofts enjoy an impressive array of amenities, including a clubhouse, heated community pool and spa, sauna, steam room, fitness center, storage lockers and guarded entry. Conveniently located near bus and light rail stops, this building is also proudly listed on the National Register of Historic Places. With a prime location, you'll be within walking distance of vibrant restaurants, the Phoenix Convention Center, Symphony Hall, Footprint Center, Chase Field, grocery stores, and pharmacy. Don't miss the opportunity to own a piece of Phoenix history while enjoying all the perks of downtown living!

Details

Property type

Condominium

Est. home value

$554,646

Lot size

1,835 sq ft

Price per sq ft

$425

Year built

2005

Annual property taxes

$1,914

Monthly HOA fee

$1,476.28

Price History

01/23/2025
ArizonaRegional

ArizonaRegional #6809610

Listed
$725,000
+50.93%
05/25/2021
ArizonaRegional

ArizonaRegional #6213076

Sold
$480,348
+9.17%
09/18/2020
ArizonaRegional

ArizonaRegional #6096060

Sold
$440,000

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Kenilworth Elementary School

Middle school: 

Kenilworth Elementary School

High school: 

Central High School

Community features: 

Clubhouse, Fitness Center, Pool

High school district: 

Phoenix Union High School District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Figure Lending Llc

Loan start date

May 2023

Original loan amount

$125,000

Est. remaining balance

Not provided

Interest rate

6.27%

Loan type

Credit Line (Revolving), 30 year

Seller

Michael Bernardez

Lender

Redfin Mortgage Llc

Loan start date

May 2021

Original loan amount

$339,300

Est. remaining balance

$312,952

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Michael Bernardez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/23/2025 at 4:25 PM

Listing updated: 01/23/2025 at 2:35 PM

Listed by: Jenna M Alexander, 50 STATES Realty Phone #: (602) 242-1188

MLS: ArizonaRegional #6809610

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