1 E LEXINGTON Avenue 1302, Phoenix, AZ 85012, Phoenix, 85012 - 2 bed, 2 bath
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Phoenix, AZ 85012
This Luxury High-Rise Residence is listed at $499,900, positioned accurately alongside its $491,810 Fair Market Value to reflect the stability of the Midtown Phoenix corridor. Maintaining a Good Condition Rating, the unit offers a turnkey experience with 12-foot ceilings, floor-to-ceiling glass, and high-end Provenza wood floors. Notable lifestyle perks include a saltwater heated pool, utility-inclusive HOA, and proximity to Central High, Osborn Middle, and Clarendon School. Located steps from the light rail, this home is a sophisticated metropolitan sanctuary ideal for urban professionals or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1 E LEXINGTON Avenue 1302 Subject | $499,900* List Price | 2 | 2 | 1,089 | $452 | - |
A 1 E LEXINGTON Avenue 902 Sold | $495,000 List Price | 2 | 2 | 1,089 | 0.0 mi | |
B 3131 N CENTRAL Avenue 6010 Sold | $435,000 | 2 | 2 | 1,109 | $392 | 0.1 mi |
C 3131 N Central Avenue 4007 Sold | $483,500 List Price | 2 | 2 | 1,374 | 0.1 mi | |
D 1 E LEXINGTON Avenue 1407 Sold | $350,000 | 1 | 1 | 734 | $477 | 0.0 mi |
E 3131 N CENTRAL Avenue 7014 Sold | $637,900 List Price | 2 | 2 | 1,125 | 0.1 mi | |
F 3131 N CENTRAL Avenue 6011 Sold | $499,000 | 2 | 2 | 1,112 | $449 | 0.1 mi |
G 1 E LEXINGTON Avenue 1004 Active | $585,000 List Price | 2 | 2 | 1,169 | $500 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this property falls within the 10-20 year age range for a 'good' rating. It is move-in ready with high-end finishes such as Provenza wood floors, Italian cabinetry, and quartz countertops. The inclusion of a new air handler and well-maintained stainless steel appliances indicates that major systems are functional and within their expected lifespan, though the property has not undergone a full recent renovation to qualify as 'excellent'.
This 13th-floor unit features 12-foot ceilings and floor-to-ceiling glass with southern exposure, offering expansive views and high-end finishes like Provenza wood floors and Italian cabinetry.
The HOA fee covers the cost of air conditioning, heating, and water, which significantly reduces personal utility expenses to an average of just $50 per month.
Located directly on a light rail stop, the property provides excellent transit access and includes rare high-rise perks like two parking spots, a storage locker, and a salt water heated pool.
The monthly HOA fee of $771 is relatively high, which may be a deterrent for budget-conscious buyers despite the included utilities.
The local public schools are rated between 3 and 5, which may not meet the expectations of families seeking top-tier educational performance.
Seller Financing Consideration! High rise living on the 13th floor with floor-to-ceiling glass offering views from every room. This 2 bedroom, 2 bath split floor plan concept boasts 12' ceilings and southern exposure offering just the right amount of natural light. Finishes include Provenza African Plains wood floors, Stanton carpeting, Neiman Marcus Horchow lighting, contemporary Italian cabinetry, quartz counters, SS appliances, full size W/D and a New air handler. Comes with TWO parking spots and storage locker. Located on a rail stop, amenities include fitness center, salt water heated pool & spa, concierge, 24/7 lounge, resident lounge areas, clubhouse and secured parking. An HOA that makes sense! The HOA includes the cost of providing A/C, heat and water. Electric avg $50/mo.
No exterior & parking available.
Grades PK-8 • 0.9 mi
Grades PK-8 • 1.0 mi
Grades 7-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,089 | 1,112 | 42% |
| Lot Size | 1,089 | 1,089 | 50% |
| Price | $499.9K | $340.0K | 79% |
| Price per sq ft | $459 | $370 | 79% |
| Built year | 2008 | 2008 | 50% |
| HOA | $771 | $533 | 84% |
| Days on market | 191 | 1104 | 26% |
Oct 17, 2025
$499,900
Initial Listing