$399,500
$45K PRICE DROP

Estimated payment $3,198/month

Total Views 6,800
2 Beds
2 Baths
1,356 Sq Ft
$295 Price per Sq Ft

Highlights

  • Fitness Center
  • Gated Parking
  • Contemporary Architecture
  • Phoenix Coding Academy Rated A
  • Clubhouse
  • Property is near public transit

About This Home

WOW LOOK AT THAT NEW PRICE! Welcome to luxury urban penthouse living at its finest! This beautifully updated condo in the heart of Phoenix offers incredible views of the Downtown Phoenix city skyline! Located in the sought-after Lofts on Thomas, Unit 508 boasts breathtaking city views and an open-concept layout that's perfect for modern living. The kitchen features sleek granite countertops, stainless steel appliances, and ample storage. The spacious living area is bathed in natural light, creating a warm and inviting atmosphere. The primary bedroom includes a walk-in closet and an en-suite bathroom with elegant finishes. This unit also comes with TWO designated covered parking spaces and access to fantastic community amenities, including a heated pool, 24 hour fitness center, yoga studio, and business center area. Situated in the heart of Midtown, you're steps away from popular restaurants, boutique shops, local coffee shops and the light rail, making commuting a breeze. The Lofts on Thomas is a 5-story, 54 unit urban condo residence built with solid concrete to keep any noise at a minimum! Don't miss this opportunity to own a piece of Phoenix's dynamic lifestyle in a prime location! This is a stunning unit located in the heart of Phoenix, perfect for buyers seeking an urban lifestyle.

Listing Agent

Kelly Cook

Real Broker License #SA562405000

Real Broker

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,728

Year Built

  • Built in 2008

Lot Details

  • 1,228 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $657 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Room Addition Constructed in 2021
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,356 Sq Ft Home
  • Elevator
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Eat-In Kitchen

Flooring

  • Floors Updated in 2021
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Updated in 2021
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 2 Carport Spaces
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Outdoor Features

  • Outdoor Storage

Location

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

Schools

  • Encanto Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heating Available
  • Plumbing System Updated in 2021
  • Wiring Updated in 2021
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 508
  • Assessor Parcel Number 118-42-282

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Lofts On Thomas Cond Association, Phone Number (602) 437-4777
  • High-Rise Condominium
  • Lofts On Thomas Subdivision, Willo Floorplan
  • 5-Story Property

Amenities

  • Recreation Room

Recreation

  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,728

Year Built

Built in 2008

Lot Details

0

HOA Fees

$657 per month

Listing Details

  • Cross Street: Central and Thomas
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 656.62
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2021
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2021
  • Updated Heating or Cooling Units: Full
  • Updated Kitchen: Full
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2021
  • Updated Pool: Full
  • Updated Room Addition: Partial
  • Items Updated Rm Adtn Yr Updated: 2021
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2020
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2021
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2024
  • Master Model: Willo
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: LOFTS ON THOMAS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 656.62
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Zero-Grade Entry
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Elevator, No Interior Steps, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1356.0
  • Stories: 5
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Assessor
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Storage
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: 1 Common Wall
  • Construction Type: Stucco, Painted, Block
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Separate Strge Area, Assigned, Community Structure, Gated
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Community Structure: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Light Rail Stop, Near Bus Stop, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management
  • Association Fee: 656.62
  • Association Fee Frequency: Monthly
  • Association Name: Lofts on Thomas Cond
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lofts on Thomas Cond
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 3969.86
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 1038.14
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • 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:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, 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: Osborn Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1228.0
  • Parcel #: 118-42-282
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3728.0
  • Tax Book Number: 118.00
  • Tax Lot: 508
  • Tax Map Number: 42.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,728 $29,705 -- --
2024 $3,601 $17,907 -- --
2023 $3,601 $29,920 $5,980 $23,940
2022 $3,141 $25,660 $5,130 $20,530
2021 $3,290 $25,470 $5,090 $20,380
2020 $3,200 $27,280 $5,450 $21,830
2019 $3,051 $25,050 $5,010 $20,040
2018 $2,941 $29,020 $5,800 $23,220
2017 $1,809 $24,670 $4,930 $19,740
2016 $1,742 $19,620 $3,920 $15,700
2015 $1,622 $16,080 $3,210 $12,870
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Price Changed $399,500 -5.9% $295 / Sq Ft
02/27/2025 02/27/25 Price Changed $424,500 -4.4% $313 / Sq Ft
01/22/2025 01/22/25 For Sale $444,000 -7.5% $327 / Sq Ft
05/03/2023 05/03/23 Sold $480,000 -3.8% $354 / Sq Ft
03/17/2023 03/17/23 For Sale $499,000 +63.6% $368 / Sq Ft
12/22/2020 12/22/20 Sold $305,000 -3.2% $225 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $315,000 +12.5% $232 / Sq Ft
01/31/2020 01/31/20 Sold $279,900 0.0% $206 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
11/21/2019 11/21/19 Price Changed $279,900 -2.4% $206 / Sq Ft
11/14/2019 11/14/19 Price Changed $286,900 -0.3% $212 / Sq Ft
11/07/2019 11/07/19 Price Changed $287,900 -0.3% $212 / Sq Ft
11/01/2019 11/01/19 Price Changed $288,900 -0.3% $213 / Sq Ft
10/25/2019 10/25/19 Price Changed $289,900 -0.3% $214 / Sq Ft
10/05/2019 10/05/19 For Sale $290,900 +5.8% $215 / Sq Ft
09/24/2019 09/24/19 Sold $275,000 -4.8% $203 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
08/13/2019 08/13/19 Price Changed $288,900 +3.6% $213 / Sq Ft
08/09/2019 08/09/19 Price Changed $278,900 -6.7% $206 / Sq Ft
06/21/2019 06/21/19 For Sale $298,990 +8.8% $220 / Sq Ft
03/17/2015 03/17/15 Sold $274,900 +3.8% $203 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $264,900 -- $195 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $480,000 Wfg National Title Insurance C
Warranty Deed $305,000 Grand Canyon Title Agency
Warranty Deed $279,900 None Available
Warranty Deed $275,000 None Available
Cash Sale Deed $274,900 Fidelity Natl Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $289,750 New Conventional
Previous Owner $79,900 New Conventional
Previous Owner $225,250 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6808725

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-42-282