UPDATED:
12/21/2024 05:13 PM
Key Details
Property Type Condo
Sub Type Apartment Style/Flat
Listing Status Active
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $388
Subdivision Phoenix Towers Los Olivos
MLS Listing ID 6778477
Style Contemporary,Other (See Remarks)
Bedrooms 2
HOA Fees $1,241/mo
HOA Y/N Yes
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1957
Annual Tax Amount $369
Tax Year 2024
Lot Size 2.160 Acres
Acres 2.16
Property Description
Early History:
The site was originally adjacent and part of "Casa Blanca", the residence of Phoenix's Dwight Heard and Maie Bartlett Heard, founders and benefactors of the Heard Museum next door. After Maie Heard's death in 1951, the land was purchased by a Phoenix real estate agent for development.
The architect was Chicago-based Ralph C. Harris, who designed Phoenix Towers in the "Modern Style." Del E. Webb Construction Company supervised the building's construction, which was completed in 1957 in an X-shaped design with four wings.
Each apartment has two or three exposures with only one common wall. Another outstanding feature is the projecting concrete ledges that serve not only as balcony floors and covers, but also as awnings for the apartment windows.
These ledges are extensions of the building's concrete slab floors. At the opening of Phoenix Towers, one newspaper reporter characterized the building as "a collection of modern air-conditioned "ranch homes"(meaning single level), grouped together on a vertical plane. "The open house of a furnished model apartment in 1957 attracted more than 5,000 visitors the first day. (From The Webb Spinner, March 1957]
Ownership:
Phoenix Towers is structured as a cooperative in which buyers purchase shares of stock in a non-profit corporation with the number of shares based on the size of the apartment. Stockholders are not only neighbors who reside in the same building, but also business associates who own that building and share collective responsibility
through an elected Board of Directors for its operation and maintenance.
Twelve of the fourteen floors are devoted to apartments ranging in size from 1,210 square feet to 2,550 square feet. The ground level includes a lobby, offices, a mailroom, laundry room, exercise room, resident storage facilities, and mechanical equipment area. The top floor features an enclosed space with a catering kitchen and an outside terrace with stunning views of the city. The property also has an outdoor saltwater lap pool with 12 cabanas, a community garden, a dog park, and visitor parking. In addition, there is a secure underground parking garage with two assigned parking spaces for
each apartment.
Notable Architecture:
In January 2008 Phoenix Towers was placed on the National Register
of Historic Places for its role in introducing to Arizona a new form of housing, residential high-rise living, and as an outstanding example of Mid- Century Modern architecture.
Over the years most of the apartments have been remodeled, with changes reviewed by a Building Committee and final approval by the Board of Directors. Several apartments retain the original Beauty Queen metal kitchen cabinets and stained concrete floors.
The building made the New Times "100 Things to Do in Phoenix Before You Die" - "Snag an Invitation to a Party on the Roof of Phoenix Towers with "gorgeous city views." More recently, the building was repainted using Dunn and Edwards' "Phoenix
Towers Pink' (the original color) and returning the original gray panels to the outside front of the building from the eighth floor to the thirteenth floor. The lobby was renovated in 2020-21 to update the décor while retaining unique original features such as the terrazzo floor and carved columns.
Phoenix Towers remains one of the preeminent buildings and residential addresses in Central/Mid-Town Phoenix. A testament to its high quality construction, superb location and enduring mid-century architecture.
Location
State AZ
County Maricopa
Community Phoenix Towers Los Olivos
Direction Central south to Palm Lane, take a U-turn north to Monte Vista, Phoenix Towers on the Northeast corner.
Rooms
Other Rooms ExerciseSauna Room, BonusGame Room
Den/Bedroom Plus 3
Separate Den/Office N
Interior
Interior Features Elevator, No Interior Steps, 3/4 Bath Master Bdrm, High Speed Internet
Heating Other, See Remarks
Cooling Other, See Remarks
Flooring Tile, Wood
Fireplaces Number No Fireplace
Fireplaces Type None
Fireplace No
SPA None
Exterior
Exterior Feature Circular Drive, Covered Patio(s), Patio
Parking Features Assigned, Community Structure, Common
Garage Spaces 2.0
Garage Description 2.0
Fence Wrought Iron
Pool None
Community Features Gated Community, Community Pool Htd, Community Pool, Near Light Rail Stop, Near Bus Stop, Historic District, Community Media Room, Community Laundry, Guarded Entry, Clubhouse, Fitness Center
Amenities Available Other, Management, Rental OK (See Rmks), Self Managed
View City Lights
Roof Type Built-Up
Private Pool No
Building
Lot Description Sprinklers In Rear, Sprinklers In Front, Corner Lot
Story 1
Builder Name Mid Century Modern
Sewer Public Sewer
Water City Water
Architectural Style Contemporary, Other (See Remarks)
Structure Type Circular Drive,Covered Patio(s),Patio
New Construction No
Schools
Elementary Schools Kenilworth Elementary School
Middle Schools Emerson Elementary School
High Schools Central High School
School District Phoenix Union High School District
Others
HOA Name Phoenix Towers Coop
HOA Fee Include Roof Repair,Insurance,Sewer,Electricity,Cable TV,Maintenance Grounds,Front Yard Maint,Air Cond/Heating,Trash,Water,Roof Replacement
Senior Community No
Tax ID 118-52-019-A
Ownership Co-Operative
Horse Property N
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