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610 North 1st Avenue

610 North 1st Avenue, Phoenix, AZ 85003
Property in Copper Square
Local assessors in Phoenix, AZ have categorized 610 North 1st Avenue as a commercial type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 6,750 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is poor. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a roof that is made of aluminum. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 610 North 1st Avenue was last sold in Mar 2, 2022 for $22,000,000. According to our calculations, that's $11,000.00 per sqft. Prior to that sales transaction, the property was sold for $14,000,000 in Apr 10, 2020. Current property owners are expected to pay $7,750 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 610 North 1st Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $101,218. To break that down further, the land itself was valued at $97,529. While improvements to the property were assessed at a total of $3,689. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can 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
  • Building Quality: A
  • Construction Type: Concrete
  • Roof Cover Type: Aluminium
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,750
  • Total Building Area: 2,000
  • Building Area: 2,000

    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: 0.155
  • 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: 111-45-046
  • Block: 4
  • Lot: 10
  • Meridian: SEC 5 TWN 1N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.455
  • Longitude: -112.073

    Address

  • Full Address: 610 N 1st Ave
  • Address - House Number: 610
  • Street Direction: N
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Phoenix
  • Zip Code: 85003

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,750
  • 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: $595,400
  • Market Land Value: $573,700
  • Market Improvement Value: $21,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,218
  • Assessed Land Value: $97,529
  • Assessed Improvements Value: $3,689

    Sales

  • Current Sale Contract Date: Mar 02, 2022
  • Current Sale Recording Date: Mar 08, 2022
  • Current Sale Transaction ID: 11889359010
  • 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

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Frequently Asked Questions

What neighborhood is 610 North 1st Avenue located in?
The 610 North 1st Avenue is a located in the neighborhood of Copper Square in Central City, Phoenix.
What is the average sales price for listings in 610 North 1st Avenue?
The average sales price for units in 610 North 1st Avenue is $0 currently.

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