RENTED MAR 16, 2026

Lofts on Thomas 535 W Thomas Rd Unit 405 Phoenix, AZ 85013

Willo Neighborhood

Estimated Value: $244,000 - $268,206

1 Bed
1 Bath
817 Sq Ft
871 Sq Ft Lot

Sale Details

Date Sold: June 21, 2024

Last sale price $283,000 $346 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,518 / mo

Highlights

  • Fitness Center
  • The property is located in a historic district
  • Contemporary Architecture
  • Phoenix Coding Academy Rated A
  • City View
  • Property is near public transit and bus stop

About This Home

As of March 2026

WELL MAINTAINED HVAC BY HOA! Welcome to the Lofts on Thomas, a modern urban oasis to live, work, play and relax in Midtown Phoenix. Over 10,000 sq. ft. of community space designed with you in mind: a poolside veranda includes a public grill, a modern business lounge, a sparkling pool, multiple big screen TV's to take the big game in with friends, a 24 hour fitness center, and finally, a yoga & dance studio. This pet friendly community also includes a dog park out back! This 4th floor unit features a spacious loft-style bedroom with black out shades and a generous walk-in closet, a modern kitchen adorned with Quartz counters that flow to a majestic waterfall edge, NEW stainless-steel appliances

Last Agent to Rent the Property

Kim Franken

Arizona Elite Properties License #BR517687000 Listed on: 01/21/2026

Arizona Elite Properties

Last Renter's Agent

Kim Franken

Arizona Elite Properties License #BR517687000 Listed on: 01/21/2026

Arizona Elite Properties

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • Desert faces the front and back of the property
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Home Design

  • Loft
  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 817 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Great Room
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Accessible Home Design

  • No Interior Steps

Eco-Friendly Details

  • North or South Exposure
  • Smoke Free Home

Location

  • Property is near public transit and bus stop
  • The property is located in a historic district

Schools

  • Encanto Elementary School
  • Clarendon Middle School
  • Metro Tech High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property Available on 1/22/26
  • $250 Move-In Fee
  • Lease Option
  • 6-Month Minimum Lease Term
  • Tax Lot 405
  • Assessor Parcel Number 118-42-266

Community Details

Overview

  • Property has a Home Owners Association
  • Lofts On Thomas Cond Association, Phone Number (602) 437-4777
  • Built by Summit DCK
  • Lofts On Thomas Condominium Subdivision
  • 5-Story Property

Recreation

Security

  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

871 Sq Ft Lot

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2026-01-22

Listing Details

  • Cross Street: 7th Ave and Thomas Road
  • Property Type: Residential Lease
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Non Assistive Animals: Lessor Approval
  • Initial Move In Costs Admin Fee: 250.0
  • Lease Term Minimum Lease Term Months: 6
  • Property Sub Type: Loft Style
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: LOFTS ON THOMAS CONDOMINIUM
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Dishwasher, Refrigerator, Electric Oven, Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Quartz Countertops, High Speed Internet, No Interior Steps
  • Living Area: 817.0
  • Stories: 5
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Exterior Features: Dog Run
  • Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Private: No
  • View: City
  • Disclosures: Agency Discl Req
  • Common Walls: All on One Level, Street Facing
  • Construction Type: Steel Frame, Painted, Stucco
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned Parking
  • Attached Garage: No
  • Carport Spaces: 1.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Historic District, Gated, Near Bus Stop, Near Light Rail Stop, Fitness Center
  • Association Name: Lofts on Thomas Cond
  • Phone: 602.437.4777
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

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

Lot Info

  • Lot Size Sq Ft: 817.0
  • Parcel #: 118-42-266

Building Info

  • Builder Name: Summit DCK

Tax Info

  • Tax Book Number: 118.0
  • Tax Lot: 405
  • Tax Map Number: 42.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 21, 2024
Sold by
Baughman Harry C and Baughman Harry C
Bought by
Bella Family Properties Thomas Rd Llc
Seller's Agent
Beth Rider
Keller Williams Arizona Realty
Buyer's Agent
Danielle Bronson
Redfin Corporation
List Price
$289,500
Sold Price
$283,000
Premium/Discount to List
-$6,500
-2.25%
Views
2420
Current Estimated Value
$254,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,948
Avg. Annual Appreciation
-5.91%

Purchase Details

Listed on
May 24, 2016
Closed on
Aug 19, 2016
Sold by
Lead Phoenix Llc
Bought by
Baughman Harry C and Baughman Harry C
Seller's Agent
Dennis Rosvall
Urban House Realty
Buyer's Agent
Dennis Rosvall
REMAX Prime
List Price
$189,900
Sold Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$139,900
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2012
Sold by
Brown Roger W and Estate Of Metropolitan Lofts L
Bought by
Abrahams Wendy and Metro Loan Llc
Source: Public Records
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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
Bella Family Properties Thomas Rd Llc $283,000 Partners Title Company
Baughman Harry C $189,900 Fidelity Natl Title Agency I
Abrahams Wendy -- Thomas Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baughman Harry C $139,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2026 03/16/26 Rented $1,199 0.0% --
02/14/2026 02/14/26 Price Changed $1,199 -4.1% $1 / Sq Ft
02/08/2026 02/08/26 Price Changed $1,250 -3.8% $2 / Sq Ft
02/02/2026 02/02/26 Price Changed $1,300 -13.3% $2 / Sq Ft
01/21/2026 01/21/26 For Rent $1,500 0.0% --
06/21/2024 06/21/24 Sold $283,000 -2.2% $346 / Sq Ft View Prior Sale
05/15/2024 05/15/24 For Sale $289,500 +52.4% $354 / Sq Ft
08/29/2016 08/29/16 Sold $189,900 0.0% $232 / Sq Ft View Prior Sale
07/10/2016 07/10/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $189,900 -- $232 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,802 $17,156 -- --
2024 $1,822 $16,339 -- --
2023 $1,822 $18,110 $3,620 $14,490
2022 $1,814 $14,820 $2,960 $11,860
2021 $1,916 $14,480 $2,890 $11,590
2020 $1,934 $15,100 $3,020 $12,080
2019 $1,844 $13,770 $2,750 $11,020
2018 $1,777 $13,830 $2,760 $11,070
2017 $1,617 $12,360 $2,470 $9,890
2016 $2,252 $22,130 $4,420 $17,710
2015 $2,094 $18,110 $3,620 $14,490
Source: Public Records

Agents Affiliated with this Home

  • Kim Franken

    Landlord's Agent in 2026

    Kim Franken

    Arizona Elite Properties

    (480) 225-3489

    58 Total Sales

    Kim Franken
    Section Image
  • Beth Rider

    Seller's Agent in 2024

    Beth Rider

    Keller Williams Arizona Realty

    (602) 737-2414

    3 in this area

    1,543 Total Sales

    Beth Rider
    Section Image

  • D

    Seller's Agent in 2016

    Dennis Rosvall

    Urban House Realty

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About Lofts on Thomas

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6972202

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-42-266

Arizona Maricopa County Phoenix 85003 Willo

535 W Thomas Rd Unit 405, Phoenix, AZ

Not Listed for Sale

Condos

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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