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605 North Central Avenue

605 North Central Avenue, Phoenix, AZ 85004
Property in Downtown Phoenix
605 North Central Avenue in Phoenix, AZ was first built in 2008 and is 16 years old. This has been categorized as a commercial property type. In total, the area measurement of the land is 3,375 square feet.

Learn more about the property and building on this page. The roof of the home is made of aluminum. Water for the property is sourced from a water system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The condition of the building has been evaluated as poor. The property was last sold in Mar 2, 2022 for $22,000,000. Prior to that sales transaction, the property was also sold in Apr 10, 2020 for $14,000,000. 605 North Central Avenue was last assessed in 2023. The total value of the property was assessed at $50,592. Specifically, the land the property is located on was valued at $48,756. While improvements on the property were assessed at a total of $1,836. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,098. The initial tax year of delinquency was in 2020. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Poor
  • Roof Cover Type: Aluminium
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,375
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Commercial
  • Subdivision: CHURCHILL ADDITION
  • Land Acres: 0.078
  • Standard Land Use Code: Parking lot
  • Legal Description 1: CHURCHILL ADDITION MCR 2-08

Ownership

  • Current Owner : 601 CENTRAL OZ OWNER LLC
  • Previous Owner : CENTRAL FILLMORE DEV 1 LLC
  • Owner Before Previous Owner: H M INVESTMENTS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Phoenix Elementary District
  • Census Tract: 113100

Zoning

  • Zoning: C-DT

Geography

  • Assessors Map Reference: 208
  • Parcel: 111-45-037
  • Block: 4
  • Lot: 2
  • Meridian: SEC 5 TWN 1N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.4548
  • Longitude: -112.073

    Address

  • Full Address: 605 N Central Ave
  • Address - House Number: 605
  • Street Direction: N
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Phoenix
  • Zip Code: 85004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,098
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 011300

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $190,000,000
  • First Open Lien Mortgage Lender: BANK OZK
  • First Open Lien Mortgage Recording Date: Feb 10, 2023
  • First Open Lien Mortgage Loan Amount: $190,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $297,600
  • Market Land Value: $286,800
  • Market Improvement Value: $10,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,592
  • Assessed Land Value: $48,756
  • Assessed Improvements Value: $1,836

    Sales

  • Current Sale Contract Date: Mar 02, 2022
  • Current Sale Recording Date: Mar 08, 2022
  • Current Sale Transaction ID: 11889245293
  • Current Sale Price: $22,000,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 212626
  • Previous Sale Recording Date: Apr 10, 2020
  • Previous Sale Contract Date: Apr 10, 2020
  • Previous Sale Amount: $14,000,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MORKIDS LLC
  • Previous Mortgage Transaction Date: Apr 10, 2020
  • Previous Mortgage Loan Amount: $14,000,000
  • Previous Mortgage Loan Type: Commercial

About Central City



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Frequently Asked Questions

What neighborhood is 605 North Central Avenue located in?
The 605 North Central Avenue is a located in the neighborhood of Downtown Phoenix in Central City, Phoenix.
What is the average sales price for listings in 605 North Central Avenue?
The average sales price for units in 605 North Central Avenue is $0 currently.

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