ParkingElectric Door Opener, Separate Strge Area, Assigned, Community Structure, Gated
Year Built2008
HeatingElectric
CoolingCeiling Fan(s)
FireplaceNone
MLS #6775384
Lot Size0.03 Acres
StatusActive
About 535 W Thomas Rd Unit 508
Penthouse Living at Lofts on Thomas! - Experience top-floor luxury in this beautifully updated 2 bedroom (two fully enclosed bedrooms rare in this building), 2-bathroom unit boasting breathtaking downtown Phoenix views. Located just north of Downtown, this stylish residence is steps from popular restaurants, cozy coffee shops, and trendy boutiques along North Central Avenue. Enjoy the perfect blend of urban excitement and neighborhood serenity, with museums, nightlife, and public transportation just minutes away. Building amenities include a private fitness center, yoga studio, community pool, and entertainment spaces. Don't miss out on this unique opportunity to live the penthouse lifestyle at Lofts on Thomas!
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 2008
Stories: 5
Living Area: 1,356 SqFt
Listing Office:
Office Name: Keller Williams Realty Sonoran Living
Office Phone: (480) 948-3338
Listing Agent: Katie Baccus, Kiley Hapner
Interior Features
Interior Information:
Flooring Type: Vinyl
Interior: Eat-in Kitchen, 9+ Flat Ceilings, Elevator, Fire Sprinklers, No Interior Steps, Full Bth Master Bdrm, High Speed Internet
Fireplace: None
Bedroom and Bathroom Information:
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Storage
Parking Information:
Parking: Electric Door Opener, Separate Strge Area, Assigned, Community Structure, Gated
Lot Features
Lot Information:
Lot Size: 0.03 Acres
Utilities
Utilities Information:
Heating: Electric
Cooling: Ceiling Fan(s)
Other
Directions Information:
Directions: North on Central Ave, West on Thomas, Left into Lofts on Thomas just before 7th Ave. *visitor parking just behind the building
Price Information
Listing Price Info
Price Summary:
List Price: $450,000
Price Per SqFt: $332/SqFt
HOA Fees:
Amount: $519
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Phoenix, AZ.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,832
Per Month
Principal & Interest
$2,246
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$519
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,416
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Encanto Elementary School
1426 W Osborn Rd
Distance between this listing and this school0.78 miles
Public District Grades KG-3
4
/10
Clarendon Elementary School
1225 W Clarendon Ave
Distance between this listing and this school0.84 miles
Public District Grades 4-6
7
/10
Basis Phoenix Central Primary School
201 E Indianola Ave
Distance between this listing and this school1.03 miles
Public Charter Grades KG-5
Nearby Schools
4
/10
Kenilworth School
1210 N 5th Ave
Distance between this listing and this school1.23 miles
Public District Grades PK-8
2
/10
Emerson School
915 E Palm Ln
Distance between this listing and this school1.39 miles
Public District Grades KG-8
8
/10
Magnet Traditional School
2602 N 23rd Ave
Distance between this listing and this school1.58 miles
Public Magnet Grades KG-8
Nearby Schools
8
/10
Phoenix College Preparatory Academy
3310 N 10th Ave
Distance between this listing and this school0.52 miles
Public Charter Grades 9-12
4
/10
Arizona Virtual Academy
99 E Virginia Ave Ste 200
Distance between this listing and this school0.66 miles
Public Charter Grades KG-12
8
/10
Metropolitan Arts Institute
1700 N 7th Ave
Distance between this listing and this school0.93 miles
The neighbors living near this home have an average income of $89,007. The majority of Phoenix, AZ residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 535 W Thomas Rd Unit 508 in Phoenix, AZ and zip code 85013 in the Midtown neighborhood. This 1,356 square foot home, which was built in 2008, sits on a 0.03 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $450,000.
In November 2024 more than 201 listings in Phoenix, AZ were sold above the asking price. During the same period more than 301 listings were sold at asking price, while more than 636 were sold below. In November 2024 in Phoenix, AZ there were 1.4% less homes for sale than in October 2024. Listings spent 63 days on the market in November 2024, and had a median list price of $452,345 during the same period.
From Rocket Homes Real Estate and based on county public records data.