Condo 2BR 2BA - 1 E Lexington Ave Unit 701, Phoenix, AZ
$450,000
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What this actually costs to close
- List price
- $450,000
- Est. closing costs
- $4,500 to $13,500
- Est. all-in
- $454,500 to $463,500
Closing costs run 1% to 3% and cover owner's title insurance, settlement or escrow fee, recording fees. Financing costs are excluded. Transfer tax is excluded: rates run 0% to 4%+ and who pays is set by local custom and negotiable.
BidProwl Summary
2008-built seventh-floor downtown Phoenix condo at 1 E Lexington Ave Unit 701 with 2 bed, 2 bath, 1,297 sq ft interior on a 1,228 sq ft lot, featuring floor-to-ceiling windows, stainless appliances, in-unit laundry, and private balcony with city views. Owner-occupants and investment buyers targeting urban downsizing or rental income in Phoenix's central corridor typically pursue these high-rise units. Verify HOA fees and reserve status, confirm building insurance costs post-acquisition, inspect window seals given age and height exposure, and review any deferred maintenance on HVAC or plumbing systems before committing.
AI summary of the seller's listing; it may occasionally contain inaccuracies. Check the full description and inspect before bidding.
Description from Fannie Mae HomePath
1 E Lexington Ave Unit 701, Phoenix, AZ 85012. 2 bed | 2 bath | 1,297 sq ft | built 2008 | 1,228 sq ft lot. This seventh floor high-rise condominium showcases floor-to-ceiling windows framing downtown Phoenix views that anchor the entire residential experience. With two bedrooms and two bathrooms, the residence delivers both sophistication and functionality in one of the city's most sought-after addresses. The kitchen features stainless steel appliances and custom cabinetry, anchored by a breakfast bar that opens naturally into the main gathering spaces. In-unit laundry provides everyday convenience without leaving your home. The primary suite commands attention with a double vanity, soaking tub, and spacious shower that create a personal retreat.
A smart thermostat manages climate control throughout the unit, while the private balcony extends the interior space outdoors with unobstructed downtown views. The open-concept design maximizes natural light flow between rooms, creating an airy atmosphere that complements the urban setting. Custom storage solutions throughout the residence ensure
Property location
Phoenix, AZ 85012
Open in Google MapsFannie Mae
Seller on Fannie Mae HomePath
Bedrooms: 2
Bathrooms: 2
Living Area: 1,297 sq ft
Lot Size: 1,228 sq ft
Year Built: 2008
Property Type: Condo
Occupancy: Vacant
County: MARICOPA
