23 hours on Rocket
$4,869 Closing Credit¹
#6883533, Michael J Paletta, Listing office: Ventana Fine Properties
#6787223·
Listing office: Howe Realty·
Listing agent: Brandon Howe, Erin T Payne·
Listing office phone: 602-909-6513
$425,000 List price
114 W Adams St Unit 506 Phoenix, AZ 85003
$5,047
Closing credit¹
2 beds
1 bath
1,200 sqft
0.03 acres
$354 / sqft
Condo
Property details
About 114 W Adams St Unit 506
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!
Highlights
Home typeCondominium
HeatingElectric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,200 sqft
Lot size0.03 Acres
Year built2005
ParkingAddtn'l Purchasable
MLS #6787223
Summary
- Flooring Type: Tile, Wood
- Interior: High Speed Internet, Granite Counters, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Full Bth Master Bdrm
- Fireplace: None
- Total Bedroom Count: 2
- Private Pool: No
- Parking: Addtn'l Purchasable
- Architectural Style: Other
- Heating: Electric
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $425,000
- Price/SqFt: $354
- HOA Amount: $980 Monthly
- Annual Tax Amount: $1,444
- Tax Year: 2024
- Directions: Head south on N 1st Ave toward W Van Buren St. Turn right onto W Adams St. Destination will be on the right.
- Year Built: 2005
- Stories: 11
- Living Area: 1,200 SqFt
- Lot Size: 0.03 Acres
- MLS Number: 6787223
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Howe Realty
- Office Phone: (602) 909-6513
- Listing Agent: Brandon Howe, Erin T Payne
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/22/2025, 4:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$425,000
114 W Adams St Unit 506
$5,047
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 22, 2005 | Home Sold | $364,930 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $20,010 | $1,444 |
| 2023 | $14,660 | $1,386 |
| 2022 | $13,500 | $1,348 |
| 2020 | $13,330 | $1,390 |
| 2019 | $13,265 | $1,362 |
| 2017 | $11,740 | $1,327 |
History based on county public records data.
Nearby schools
4
Asu Preparatory Academy- Phoenix Elementary School
Public Charter KG-4
0.7 mi
•735 E Fillmore St
8
Vista College Preparatory
Public Charter KG-5
0.8 mi
•812 S 6th Ave
4
Encanto Elementary School
Public District KG-3
2.8 mi
•1426 W Osborn Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,955. Most Phoenix, AZ residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
64%
<35k
17%
35k-100k
16%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
91%
Single, No Kids
1%
Single, with Kids
7%
Married, No Kids
1%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
0%
<11 yrs old
6%
12-17 yrs old
70%
18-34 yrs old
22%
35-64 yrs old
2%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Art Museums
Music Concerts
Where do the neighbors shop?
Banana Republic
Bloomingdales
H&M
Where do the neighbors go to eat?
Jack In The Box
Starbucks
Chipotle
What do the neighbors drive?
Toyota
Audi
Volkswagen
What do the neighbors listen to?
Jazz
News
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 114 W Adams St Unit 506
The listing price of 114 W Adams St Unit 506 property is $425,000.
The property 114 W Adams St Unit 506 is a condo located in Phoenix, Arizona, 85003.
Active Listing: 114 W Adams St Unit 506 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 114 W Adams St Unit 506 are: Asu Preparatory Academy- Phoenix Elementary School (GreatSchools Rating 4/10), Vista College Preparatory (GreatSchools Rating 8/10), Encanto Elementary School (GreatSchools Rating 4/10), Asu Preparatory Academy - Phoenix Middle School (GreatSchools Rating 3/10), Dunbar School (GreatSchools Rating 3/10), Lowell School (GreatSchools Rating 3/10), City View High School (GreatSchools Rating 2/10), Phoenix Union Bioscience High School (GreatSchools Rating 10/10), Asu Preparatory Academy- Phoenix High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $1,444 (source: MLS/based on county public records data).
The last sale was on March 22, 2005 for $364,930 (source: MLS/tax record).
The property at 114 W Adams St Unit 506 has 2 bedrooms and 1 bathroom.
The property 114 W Adams St Unit 506 is 1,200 SqFt (source: MLS/tax record).
The year of construction for 114 W Adams St Unit 506 is 2005.
This home is located at 114 W Adams St Unit 506 in Phoenix, AZ and zip code 85003 in the Central City neighborhood. This 1,200 square foot home, which was built in 2005, sits on a 0.03 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $425,000.
Over 222 listings were sold over their listed price in May 2025 in Phoenix, AZ. In the same period over 865 listings were sold below the listed price and 419 listings were sold for the listed price. Between April and May 2025, Phoenix, AZ real estate market has seen increase in the number of listings by 4%. In May 2025, listings were on the market for 64 days. During the same period, the median list price in this real estate market was $456,920.
From Rocket Homes Real Estate and based on county public records data.