NOT LISTED FOR SALE

Estimated Value: $395,644

1 Bed
1.5 Baths
1,074 Sq Ft
$587/mo HOA Fee

Last Sold June 18, 2024

Last sale price $405,000 $377 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,983/month

69 Days on Market

Highlights

  • Concierge
  • 3-minute walk to 3Rd St/Jefferson
  • Gated Parking
  • Phoenix Coding Academy Rated A
  • Fitness Center
  • Gated Community

About This Home

As of June 2024

One of kind! Only in the prestigious Summit!!! Downtown living on 15th floor!!! Luxury condo in heart of downtown Phoenix, overlooking Diamondback Chase Field Stadium! Exclusive and prestigious The Summit, with guarded entry. High ceiling! Luxury resort style with common amenity of Gym, Pool, Sauna, Conference room all on 5th floor! 1full bedroom plus a den as an office or guest bedroom. Modern kitchen with stainless appliance and washer and dryer all can convey, 1 assigned parking. Listing broker is also an owner

Last Listed By

Zongfu Li

Lichi Investment, LLC License #BR578246000 Listed on: 03/05/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,280

Year Built

  • Built in 2007

Lot Details

  • 1,307

HOA Fees

  • $587 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Built-Up Roof
  • Concrete Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 1,074 Sq Ft Home
  • Furnished
  • Double Pane Windows

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom
  • 1.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Kenilworth Elementary School
  • Kingswood Elementary Middle School
  • Central High School

Utilities

  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Balcony

Listing and Financial Details

  • Tax Lot 1507
  • Assessor Parcel Number 112-42-154

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, water, roof replacement, maintenance exterior
  • First Service Reside Association, Phone Number (602) 437-4777
  • High-Rise Condominium
  • Summit At Copper Square Condominium 2Nd Amd Subdivision
  • 23-Story Property

Amenities

  • Concierge
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Community Spa

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,280

Year Built

Built in 2007

Lot Details

0

HOA Fees

$587 per month

Parking

1

Listing Details

  • Cross Street: 4th Street & Jackson (Heart of Downtown Phoenix)
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 586.55
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2007
  • Tax Year: 2023
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: SUMMIT AT COPPER SQUARE CONDOMINIUM 2ND AMD
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 586.55
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Elevator, Furnished(See Rmrks), Fire Sprinklers, No Interior Steps, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 1074.0
  • Stories: 23
  • Window Features: Dual Pane
  • 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:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Community Media Room: 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
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Frame - Metal
  • Roof: Built-Up, Concrete
  • Construction:Frame - Metal: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Electric Door Opener, Assigned, Community Structure, Gated
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Utilities: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes
  • Main Cooling Other: 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, Community Media Room, Concierge, Clubhouse, Fitness Center
  • Amenities: Management
  • Association Fee: 586.55
  • Association Fee Frequency: Monthly
  • Association Name: The Summit HOA
  • Phone: 602-252-7300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: The Summit HOA
  • Association Fees:HOA Telephone4: 602-252-7300
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: First Service Reside
  • Association Fees:HOA Management Phone: 602-437-4777
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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

Fee Information

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

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Kingswood Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1160.0
  • Parcel #: 112-42-154
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2280.0
  • Tax Book Number: 112.00
  • Tax Lot: 1507
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Jun 18, 2024
Sold by
Lj Phoenician Properties Llc
Bought by
Robert L And Jean A Fraley Trust and Fraley
Seller's Agent
Zongfu Li
Lichi Investment, LLC
Buyer's Agent
Jeanie Fraley
HomeSmart
List Price
$450,000
Sold Price
$405,000
Premium/Discount to List
-$45,000
-10%
Total Days on Market
69
Views
131
Current Estimated Value
$395,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,356
Avg. Annual Appreciation
-2.71%
Original Mortgage
$340,000
Outstanding Balance
$338,098
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$57,546

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 7, 2022
Sold by
Behmer Gary S and Behmer Caryl R
Bought by
Lj Phoenician Properties Llc
Seller's Agent
Jamie Wong
RE/MAX Fine Properties
Buyer's Agent
Zongfu Li
Lichi Investment, LLC
List Price
$340,000
Sold Price
$355,000
Premium/Discount to List
$15,000
4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%

Purchase Details

Listed on
Mar 22, 2014
Closed on
Jul 28, 2015
Sold by
Urban Commons Summit Llc
Bought by
Behmer Gary S and Behmer Caryl R
Seller's Agent
Lindsay Erickson
Polly Mitchell Global Realty
Buyer's Agent
Tracy Williamson
Citiea
List Price
$225,000
Sold Price
$239,000
Premium/Discount to List
$14,000
6.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$191,200
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2011
Sold by
Stearns Summit Holding Company Llc
Bought by
Urban Commons Summit Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2010
Sold by
Fnbn Rescon I Llc
Bought by
Stearns Holding Company Llc

Purchase Details

Closed on
Jul 16, 2010
Sold by
The Summit At Copper Square Llc
Bought by
Fnbn-Rescon I Llc

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
Robert L And Jean A Fraley Trust $405,000 American Title Service Agency
Lj Phoenician Properties Llc $355,000 New Title Company Name
Behmer Gary S $239,000 Fidelity Natl Title Agency
Urban Commons Summit Llc $12,700,000 None Available
Stearns Holding Company Llc -- None Available
Fnbn-Rescon I Llc $13,770,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robert L And Jean A Fraley Trust $340,000
Previous Owner Lj Phoenician Properties Llc $285,000
Previous Owner Lj Phoenician Properties Llc $10,000,000
Previous Owner Behmer Gary S $191,200
Previous Owner Urban Commons Summit Llc $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $405,000 -3.6% $377 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
05/08/2024 05/08/24 Price Changed $420,000 -1.2% $391 / Sq Ft
04/20/2024 04/20/24 Price Changed $425,000 -1.2% $396 / Sq Ft
04/13/2024 04/13/24 Price Changed $430,000 -2.3% $400 / Sq Ft
03/23/2024 03/23/24 Price Changed $440,000 -2.2% $410 / Sq Ft
03/05/2024 03/05/24 For Sale $450,000 +26.8% $419 / Sq Ft
04/13/2022 04/13/22 Sold $355,000 +4.4% $331 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $340,000 0.0% $317 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $340,000 +42.3% $317 / Sq Ft
09/04/2015 09/04/15 Sold $239,000 -2.4% $223 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
02/17/2015 02/17/15 Price Changed $245,000 +6.5% $228 / Sq Ft
06/10/2014 06/10/14 Price Changed $230,000 +2.2% $214 / Sq Ft
03/22/2014 03/22/14 For Sale $225,000 -- $209 / 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 $2,301 $15,427 -- --
2024 $2,280 $14,693 -- --
2023 $2,280 $25,970 $5,190 $20,780
2022 $2,190 $21,560 $4,310 $17,250
2021 $2,147 $20,720 $4,140 $16,580
2020 $2,197 $18,970 $3,790 $15,180
2019 $2,185 $18,780 $3,750 $15,030
2018 $2,155 $20,030 $4,000 $16,030
2017 $2,110 $18,260 $3,650 $14,610
2016 $2,050 $17,560 $3,510 $14,050
2015 $1,893 $17,470 $3,490 $13,980
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6672656

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-42-154