535 W Thomas Rd

535 W Thomas Rd, Phoenix, AZ, 85013

Description

Lofts on Thomas sits at 535 W Thomas Rd in Midtown Phoenix. The property is a mid-rise building with 5 stories and includes 56 condominium units. It offers prime city and mountain views. The building, constructed in 2008, features a loft-style design with spacious open floorplans and modern finishes. Nearby, East Washington Street meets North 24th Street, connecting residents to various restaurants and cafes. Mika's Greek, La Paloma Mexican Grill, and Hamburger Haven are popular dining spots in the area. The building faces the vibrant arts and culture scene, which adds to the neighborhood charm. The Salt River lies to the west, providing a scenic outdoor space. Unit sizes range from 665 to 1,356 square feet, with options for 1 or 2 bedrooms. Prices for units fall between $405,000 and $480,000, showing a good market range. The average closed price for the last year is $270,217, with the lowest sold price around $237,465. These details suggest strong value and accessibility within the market. Residents enjoy various amenities, including a clubhouse and fitness center. The building features move-in ready units, often with new or updated appliances. In-suite laundry adds to the comfort of everyday living, while gated access and communal areas enhance security and community feel. Units generally spend around 131 days on the market. The average price per square foot sits at $266. This pricing structure provides a clear understanding of the building's value in the Midtown Phoenix area. A lifestyle combining modern living and urban accessibility defines this property.