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424 S 2ND Street #209, Phoenix, AZ, 85004

1beds
2baths
1,710sqft
$399,000
$233price/sqft
$2,472/moest. monthly cost
$98,880/yrincome needed

About This Home

''Welcome to Downtown Phoenix Lofts.'' This 2 level loft is perfect for city living as it offers style, location and access to restaurants, entertainment, and steps from Chase Field and Mortgage Matchup Center. Enjoy the open floor plan with ''industrial feel'' and a separate bedroom with an ensuite bathroom, separate of the main living space. A very comfortable home in the heart of the city. Includes two ground level, secure covered parking spaces.

Getting Around

81
WalkingVery Walkable
62
TransitGood Transit
69
BikeBikeable

Schools

4/10
3/10
Central High SchoolGrades 9-124.1 mi

Construction

Condition

  • Year built: 2004

Materials

  • Roof: Foam
  • Construction materials: Brick Veneer,Brick

Other

  • Builder name: Reliance

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Washer/Dryer Stacked,Refrigerator,Built-in Microwave,Dishwasher,Disposal,Electric Range

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • High Speed Internet,Granite Counters,Breakfast Bar,Vaulted Ceiling(s),Pantry,Full Bth Master Bdrm,Separate Shwr & Tub
  • Window features: Screens,Double Pane Windows
  • Flooring: Concrete

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,710
  • Total interior livable area: 1,710 sqft

Property

Details

  • Parcel number: 11226141
  • Attached to another structure: Yes
  • Lease amount: 0

Features

  • Stories: 2
  • Spa features: None,Bath
  • Fencing: Block
  • Has view: Yes
  • View description: City,City Lights,Mountain(s)

Lot

  • Lot size: 1,216 sqft
  • Features: None

Parking

  • Total spaces: 4
  • Parking features: Off Street,Attached,Gated,Garage Door Opener,Assigned,Common
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 4
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,017$24,204
Home Insurance $93$1,116
Property Taxes $146$1,752
Electricity $216$2,603
Total$2,472$29,664

Income You'd Need if You Spent...

35% on housing$84,754/yr
40% on housing$74,160/yr
45% on housing$65,920/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$233This listing

vs Other Active Listings

Avg $/sqft

ZIP 85004$265
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85004$473
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-05Price change$499,000
2026-04-25Price change$519,000
2026-04-15Price change$529,000
2026-04-07Price change$539,000
2026-03-18Listed for sale$549,000
2021-04-01Listing removed--
2021-03-19Listed for rent$1,800
2018-09-09Listing removed$1,650
2018-08-05Listed for rent$1,650
2015-08-27Listing removed$1,600
2015-08-01Listed for rent$1,600
2014-09-26Listing removed$1,550
2014-08-14Listed for rent$1,550
2009-11-09Sold$185,000
2009-08-08Listing removed$200,000
2009-06-12Listed for sale$200,000
2005-08-22Sold$450,000
2004-09-16Sold$309,173

For Sale by Agent

AgentPaul Montano
BrokerageHomeSmart

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