NOT LISTED FOR SALE

1 E Lexington Ave Unit 1402 Phoenix, AZ 85012

Midtown Phoenix Neighborhood

Estimated Value: $505,207 - $627,000

2 Beds
2 Baths
1,089 Sq Ft
$701/mo HOA Fee

Last Sold April 20, 2023

Last sale price $500,000 $459 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,980/month

113 Days on Market

Highlights

  • Concierge
  • 1-minute walk to Osborn/Central Ave
  • Gated with Attendant
  • Phoenix Coding Academy Rated A
  • Fitness Center
  • Unit is on the top floor

About This Home

As of April 2023

Luxury high rise 2 bedroom / 2 bath condo located at prestigious 1 East Lexington on the 14th floor. Located in desirable Uptown Phoenix, steps from the light rail in the heart of Phoenix just off Central Avenue. This unit is beautiful with upgraded kitchen cabinets, quartz counter tops and real wood floors plus carpet in the bedrooms. This property is beautiful with fresh paint and designer touches. Breathtaking city and mountain views with floor to ceiling windows and roller solar shades. The amenities are endless; concierge, garage parking, resort style pool, BBQ, and cabanas, 24 hour gym, yoga room, clubhouse with full kitchen plus secured entry & storage. Easy access to restaurants & entertainment.

Last Listed By

Dana Forman

RE/MAX Excalibur License #SA503579000 Listed on: 11/28/2022

RE/MAX Excalibur

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,898

Year Built

  • Built in 2008

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $701 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • City Lights
  • Mountain

Home Design

  • Concrete Roof
  • Block Exterior
  • Siding
  • Metal Construction or Metal Frame

Interior Spaces

  • 1,089 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • ENERGY STAR Qualified Windows

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Home Security

Outdoor Features

  • Balcony
  • Outdoor Storage

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Encanto Elementary School
  • Clarendon Middle School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1402
  • Assessor Parcel Number 118-34-251

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, air conditioning and heating, trash, water, roof replacement, maintenance exterior
  • Brown Comm Mgmt Association, Phone Number (480) 339-8820
  • High-Rise Condominium
  • One Lexington Ave Condominiums Aka Century Plaza Subdivision
  • 17-Story Property

Amenities

  • Concierge
  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,898

Year Built

Built in 2008

Lot Details

0

HOA Fees

$701 per month

Parking

2

Listing Details

  • Cross Street: CENTRAL AVE & OSBORN ROAD
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 701.13
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2022
  • Directions: Building is on block south of Osborn on Lexington Ave Just East of Central. Park in Building's garage and get a token from the front desk to exit the garage or park on the street.
  • Property Sub Type: Apartment Style/Flat
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: ONE LEXINGTON AVE CONDOMINIUMS AKA CENTURY PLAZA
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 701.13
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 9+ Flat Ceilings, Fire Sprinklers, Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1089.0
  • Stories: 17
  • Window Features: ENERGY STAR Qualified Windows, Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Concierge: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Storage
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Below, Neighbor Above, End Unit
  • Construction Type: Painted, Siding, Block, Frame - Metal
  • Roof: Concrete
  • Construction:Block: Yes
  • Construction:Frame - Metal: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

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

Utilities

  • Utilities: Other (See Remarks)
  • Cooling: Refrigeration
  • Heating: Electric
  • Security: Security Guard
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Near Light Rail Stop, Near Bus Stop, Guarded Entry, Concierge, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 701.13
  • Association Fee Frequency: Monthly
  • Association Name: One Lexington
  • Phone: 602-595-4850
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: One Lexington
  • Association Fees:HOA Telephone4: 602-595-4850
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1402.26
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 1402.26
  • Association Fees:Disclosure Fees HOA: 200.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Comm Mgmt
  • Association Fees:HOA Management Phone: 480-339-8820
  • 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:Air CondHeating: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Encanto School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Clarendon School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1089.0
  • Parcel #: 118-34-251
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 3898.0
  • Tax Book Number: 118.00
  • Tax Lot: 1402
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Apr 20, 2023
Sold by
Vasquez Cindy G
Bought by
Pepper Kincaid Sizer Revocable Living Trust
Seller's Agent
Dana Forman
RE/MAX Excalibur
Buyer's Agent
Sam Miller
Brokers Hub Realty, LLC
List Price
$545,000
Sold Price
$500,000
Premium/Discount to List
-$45,000
-8.26%
Total Days on Market
113
Views
37
Current Estimated Value
$544,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,302
Avg. Annual Appreciation
4.58%

Purchase Details

Listed on
Jan 2, 2022
Closed on
May 12, 2022
Sold by
Saluja Poonam
Bought by
Vasquez Cindy G
Seller's Agent
Randi Weiss
Desert Canyon Properties, LLC
Buyer's Agent
Janette Olvera-Aviles
My Home Group Real Estate
List Price
$540,000
Sold Price
$520,000
Premium/Discount to List
-$20,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.13%
Original Mortgage
$492,100
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2021
Sold by
Saluja Gagan
Bought by
Saluja Poonam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,200
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2019
Closed on
Dec 11, 2019
Sold by
Jbw Properties Llc
Bought by
Saluja Gagan
Seller's Agent
Michael Buttery
Wise Choice Properties
Buyer's Agent
David Newcombe
Compass
List Price
$359,900
Sold Price
$299,000
Premium/Discount to List
-$60,900
-16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.96%
Original Mortgage
$155,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2011
Sold by
Brown Jackie and Wheatley Bill
Bought by
Jbw Properties Llc

Purchase Details

Closed on
Jun 21, 2011
Sold by
Lexington Avenue Limited Liability Partn
Bought by
Brown Jackie and Wheatley Bill

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
Pepper Kincaid Sizer Revocable Living Trust $500,000 Landmark Title
Vasquez Cindy G $520,000 Pioneer Title
Saluja Poonam -- Great American Ttl Agcy Inc
Saluja Gagan $299,000 Landmark Ttl Assurance Agcy
Jbw Properties Llc -- Accommodation
Brown Jackie $259,500 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasquez Cindy G $492,100
Previous Owner Saluja Poonam $161,200
Previous Owner Saluja Gagan $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $500,000 -3.8% $459 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/15/2023 03/15/23 Price Changed $520,000 -4.6% $478 / Sq Ft
11/28/2022 11/28/22 For Sale $545,000 +4.8% $500 / Sq Ft
05/17/2022 05/17/22 Sold $520,000 -2.8% $478 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
01/07/2022 01/07/22 Price Changed $535,000 -0.9% $491 / Sq Ft
01/02/2022 01/02/22 For Sale $540,000 0.0% $496 / Sq Ft
07/21/2021 07/21/21 Rented $2,150 0.0% --
07/18/2021 07/18/21 Under Contract -- -- --
06/16/2021 06/16/21 For Rent $2,150 0.0% --
06/16/2021 06/16/21 Price Changed $2,150 +2.6% $2 / Sq Ft
06/06/2021 06/06/21 Under Contract -- -- --
06/03/2021 06/03/21 Price Changed $2,095 -2.6% $2 / Sq Ft
05/16/2021 05/16/21 For Rent $2,150 +13.8% --
03/03/2020 03/03/20 Rented $1,890 0.0% --
02/27/2020 02/27/20 Under Contract -- -- --
02/19/2020 02/19/20 Price Changed $1,890 -0.3% $2 / Sq Ft
02/03/2020 02/03/20 For Rent $1,895 0.0% --
12/20/2019 12/20/19 Sold $299,000 0.0% $275 / Sq Ft
11/17/2019 11/17/19 Pending -- -- --
11/14/2019 11/14/19 Price Changed $299,000 -8.0% $275 / Sq Ft
10/03/2019 10/03/19 Price Changed $325,000 -1.5% $298 / Sq Ft
10/02/2019 10/02/19 Price Changed $329,900 -2.3% $303 / Sq Ft
09/27/2019 09/27/19 Price Changed $337,500 -0.1% $310 / Sq Ft
09/06/2019 09/06/19 Price Changed $338,000 -0.6% $310 / Sq Ft
07/16/2019 07/16/19 Price Changed $339,900 -0.6% $312 / Sq Ft
07/12/2019 07/12/19 Price Changed $342,000 -0.1% $314 / Sq Ft
07/06/2019 07/06/19 Price Changed $342,500 -0.4% $315 / Sq Ft
07/02/2019 07/02/19 Price Changed $343,900 -0.3% $316 / Sq Ft
06/21/2019 06/21/19 Price Changed $344,900 -0.3% $317 / Sq Ft
06/14/2019 06/14/19 Price Changed $345,900 -1.1% $318 / Sq Ft
05/31/2019 05/31/19 Price Changed $349,900 +1.0% $321 / Sq Ft
05/24/2019 05/24/19 Price Changed $346,500 -0.1% $318 / Sq Ft
05/11/2019 05/11/19 Price Changed $346,900 -0.2% $319 / Sq Ft
04/06/2019 04/06/19 Price Changed $347,500 -0.3% $319 / Sq Ft
03/18/2019 03/18/19 Price Changed $348,500 -0.3% $320 / Sq Ft
03/12/2019 03/12/19 Price Changed $349,500 -0.1% $321 / Sq Ft
02/22/2019 02/22/19 Price Changed $349,900 -1.4% $321 / Sq Ft
02/20/2019 02/20/19 Price Changed $354,900 -0.6% $326 / Sq Ft
02/16/2019 02/16/19 Price Changed $356,900 -0.2% $328 / Sq Ft
02/11/2019 02/11/19 Price Changed $357,500 -0.4% $328 / Sq Ft
02/07/2019 02/07/19 Price Changed $358,900 -0.3% $330 / Sq Ft
01/28/2019 01/28/19 For Sale $359,900 0.0% $330 / Sq Ft
03/07/2017 03/07/17 Rented $1,950 0.0% --
02/19/2017 02/19/17 For Rent $1,950 +5.4% --
02/01/2015 02/01/15 Rented $1,850 -11.9% --
01/27/2015 01/27/15 Under Contract -- -- --
11/14/2014 11/14/14 For Rent $2,100 +23.5% --
10/22/2012 10/22/12 Rented $1,700 -12.8% --
10/22/2012 10/22/12 Under Contract -- -- --
09/15/2012 09/15/12 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 $2,887 $36,859 -- --
2024 $3,915 $35,104 -- --
2023 $3,915 $39,210 $7,840 $31,370
2022 $3,898 $32,160 $6,430 $25,730
2021 $4,013 $31,450 $6,290 $25,160
2020 $3,904 $28,880 $5,770 $23,110
2019 $4,374 $28,550 $5,710 $22,840
2018 $4,617 $30,630 $6,120 $24,510
2017 $4,238 $28,270 $5,650 $22,620
2016 $4,090 $28,270 $5,650 $22,620
2015 $3,802 $29,480 $5,890 $23,590
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6493424

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-34-251