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Sold for $400,000
  • $400,000

    114 W ADAMS Street #506, Phoenix, AZ 85003

    2beds
    1baths
    1,200sqft
    Condominium
    Built in 2005
    -- sqft lot
    $439,600 Zestimate®
    $333/sqft
    $1,798 Estimated rent

    Home value

    $439,600

    $404,000 - $479,000

    $1,798/mo

    Zestimate® history
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    What's special

    Heated pool and spaSpacious clubroomOpen-concept designFull kitchenOffice centerStunning wall of windowsExposed ductwork
    Urban Elegance in the Heart of Phoenix: Discover the epitome of urban downtown living in this prestigious MOVE-IN-READY 2-Bedroom, 1-Bath loft, within the historic Orpheum Lofts Art Deco building that seamlessly combines timeless elegance with modern amenities. This unit offers an exquisite blend of classic charm and contemporary comfort. The open-concept design showcases red-brick walls and exposed ductwork, and a stunning wall of windows overlooking the courtyard, providing a stylish industrial edge that's as unique as it is inviting. A full kitchen with a complete appliance package and the convenience of a washer and dryer in-unit ensures that your daily life flows with ease. Built in 1931 as office space and completely renovated in 2005 into this fabulous residential community, this historic building stands as a testament to Phoenix's rich heritage, offering a timeless atmosphere that is truly one-of-a-kind. This unit provides an elegant interior and is privy to a suite of top-tier amenities. Enjoy the luxury of a heated pool and spa, a sauna and steam room, additional storage, and a well-equipped fitness center. The spacious clubroom and office center make remote work and meetings a breeze, and a 24-hour doorman adds an extra layer of security and convenience. Location is everything, and this loft's prime spot puts you within walking distance of some of Phoenix's most beloved attractions. The Orpheum Lofts is just steps away from exquisite entertainment, culinary delights, sporting venues, grand theaters, and the ever popular Roosevelt Row making it easy to enjoy the vibrant cultural and sporting scene that the city offers. If you're seeking a residence that blends historic charm, contemporary comfort, and unbeatable location, this Orpheum Lofts 2-bedroom loft is the perfect choice. Don't miss the chance to call this unique and inviting space your home. Make an offer today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Brandon Howe 602-909-6513,

    Howe Realty,

    Erin T Payne 214-450-7344,

    Howe Realty

    Bought with:

    Devin Halverson, BR696300000

    Jason Mitchell Real Estate

    Source: ARMLS,MLS#: 6787223MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Washer/Dryer Stacked, Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal
    • Laundry: Inside
    Features
    • High Speed Internet, Granite Counters, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Full Bth Master Bdrm
    • Flooring: Tile, Wood
    • Has basement: No
    • Common walls with other units/homes: Two Common Walls,Neighbor Below,Neighbor Above
    Interior area
    • Total structure area: 1,200
    • Total interior livable area: 1,200 sqft

    Property

    Parking
    • Parking features: Addtn'l Purchasable
    Features
    • Stories: 11
    • Pool features: None
    • Spa features: None
    • Fencing: None
    Lot
    • Size: 1,254 Square Feet
    • Features: None
    Details
    • Parcel number: 11221318
    • Special conditions: Probate Listing

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Other
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Painted, Brick
    • Roof: Built-Up
    Condition
    • Year built: 2005
    Details
    • Builder name: TASB

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Pool, Community Spa Htd, Near Light Rail Stop, Near Bus Stop, Historic District, Community Media Room, Fitness Center
    • Security: Fire Sprinkler System, Security Guard
    • Subdivision: ORPHEUM LOFTS CONDOMINIUM 2ND AMD
    HOA
    • Has HOA: Yes
    • Services included: Electricity, Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior
    • HOA fee: $981 monthly
    • HOA name: Orpheum Lofts Condo
    • HOA phone: 602-437-4777
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $333/sqft
    • Tax assessed value: $402,500
    • Annual tax amount: $1,456
    • Date on market: 6/4/2025
    • Cumulative days on market: 266 days
    • Listing terms: Cash,Conventional,VA Loan
    • Ownership: Condominium

    Price history

    DateEventPrice
    8/15/2025Sold$400,000-5.9%$333/sqft
    Source: ARMLS #6787223 Report a problem
    5/8/2025Price change$425,000-5.5%$354/sqft
    Source: ARMLS #6787223 Report a problem
    1/23/2025Price change$449,900-5.3%$375/sqft
    Source: ARMLS #6787223 Report a problem
    9/5/2024Price change$474,900-5%$396/sqft
    Source: ARMLS #6640461 Report a problem
    7/3/2024Price change$499,900-3.8%$417/sqft
    Source: ARMLS #6640461 Report a problem
    4/5/2024Price change$519,900-3.6%$433/sqft
    Source: ARMLS #6640461 Report a problem
    1/29/2024Price change$539,500-3.6%$450/sqft
    Source: ARMLS #6640461 Report a problem
    12/14/2023Listed for sale$559,500+53.3%$466/sqft
    Source: ARMLS #6640461 Report a problem
    3/22/2005Sold$364,930$304/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,283 +6.2%$20,125 +0.6%
    2024$1,208 +1%$20,010 +144.3%
    2023$1,196 -13.7%$8,191 -39.3%
    2022$1,386 -0.3%$13,500 +2.3%
    2021$1,391 +0.8%$13,200 -1%
    2020$1,380 +1.3%$13,330 +0.5%
    2019$1,362 $13,265 -0.7%
    2018$1,362 +2.7%$13,360 +13.8%
    2017$1,327 +11.6%$11,740 +23.9%
    2016$1,189 +8.4%$9,475 +10%
    2015$1,097 $8,615 +56.5%
    2014-- $5,505 +14.7%
    2013-- $4,800 -1.5%
    2012-- $4,875 -31.1%
    2011-- $7,075 -28.7%
    2010-- $9,925 -44.1%
    2009-- $17,750 -58.8%
    2008-- $43,100 +17%
    2007-- $36,850
    Find assessor info on the county website

    Neighborhood: Central City

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Paul Dunbar Lawrence School
    • Middle: Paul Dunbar Lawrence School
    • High: Central High School
    • District: Phoenix Elementary District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $439,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $439,600