1616 North Central Avenue, Phoenix, AZ 85004

Roosevelt, Downtown Phoenix, Central City, Maricopa
Building in Downtown Phoenix
400 Stories
Built in 2016
1616 N Central Avenue - Photo 1
1616 N Central Avenue, Apt B2
Willo, Encanto, Maricopa
$1,807
|
2 Bed
|
2 Bath
By Pete Tuccio
1616 N Central Avenue - Photo 1
1616 N Central Avenue, Apt A1
Willo, Encanto, Maricopa
$1,481
|
1 Bed
|
1 Bath
By Heather Troost
1616 N Central Avenue - Photo 1
1616 N Central Avenue, Apt ST
Willo, Encanto, Maricopa
$1,359
|
Studio
|
1 Bath
By Pete Tuccio
Welcome to 1616 North Central Avenue, a building located in Roosevelt, Downtown Phoenix, Central City, Maricopa in Phoenix, AZ. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 2016. This is a relatively tall building with a total of 400 floors. The market value for the land that the building sits on has been listed at $20,703,700. In addition, improvements upon the building have an added value of $82,815,100. In total, the total market value of the property as a whole is $103,518,800. According to local assessors, the total value of the building is currently valued at $10,496,806. Specifically, the value of the land that the property sits on has been assessed at $2,099,355. The building was last assessed in 2023. There are another one buildings located on the same land that 1616 North Central Avenue was built on.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no available porch for tenants to enjoy. Instead, they will have access to a patio! For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
2016
Effective Year Built
2016
Building Count
4
Bedroom Count
0
Building Condition
0
Building Quality
0
Construction Type
17
Building Style
0
Exterior Walls Type
0
Interior Walls Type
0
Roof Shape Type
0
Roof Cover Type
0
Floor Count
400
Living Units
367
Floor Cover
0
Basement Type
0
Basement Area
0
Garage Type
0
Parking Space Count
0
Patio Type
60
Porch Type
0
Pool Type
0
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
0
Property Class
R
Subdivision
MUSE
Land Acres
0000005572
Standard Land Use Code
1112
County Land Use Code
0377
Legal Description 1
MUSE MCR 1263-12
Neighborhood
School District Name
Phoenix Elementary District
Census Tract
111800
Census Block Code
2014
Census Group
2
Census Year
2018
Census - County FIPS
04013
Census - Full FIPS
040131118002014
Census - Metro Micro Statistical Area - Area Code
38060
Census - Metro Micro Statistical Area - Area Name
Phoenix-Mesa-Scottsdale, AZ
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
0455000
Census Source
US Census Bureau
Census State FIPS
04
Census Tract Code
111800
School District - Secondary - Grade High
12
School District - Secondary - Grade Low
09
School District - Secondary - LEA Code
0406330
School District - Secondary - Name
Phoenix Union High School District
Zoning
Zoning
DTCGTWY
Geography
Assessors Map Reference
MB 126312
Parcel
118-56-158
Lot
1
Meridian
SEC 32 TWN 2N RNG 3E
Municipality
PHOENIX
Latitude
33.4665
Longitude
-112.074
FIPS
04013
Old APN
118561586
Geo Status Code
P
Valuation
Timestamp
2024-04-01 15:00:02
UCID Flag
C
More About The Building
In total, the building area is listed as 551,168 square feet. The building itself has 551,168 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. From what we gather, the control joints used in the construction of this particular building for contraction purposes were made of . The building class code for 1616 North Central Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Downtown Phoenix area have a median price of $2,280. Those in the 25th percentile, have a price around $1,900. While those in the 75th percentile, have a price around $2,850. Typically, the buildings in this area have a median sqft of 837. That means that the median price per sqft is around $28. In other words, the price per sqft for buildings in the 25th percentile is $23. While the price per sqft for buildings in the 75th percentile is $34. As a breakdown, we've included the following stats:

  • There are currently a total of 5 studio listings. The median price for these types of listings is $1,099. That's $26.38 price per sqft.

  • There are currently a total of 19 one bedroom listings. The median price for these types of listings is $1,914. That's $34.98 price per sqft.

  • There are currently a total of 19 two bedroom listings. The median price for these types of listings is $2,699. That's $26.58 price per sqft.

  • There are currently a total of 2 three bedroom listings. The median price for these types of listings is $4,025. That's $29.85 price per sqft.

  • There are currently no four bedroom listings being advertised in the area.
About The Area
1616 North Central Avenue is located in 85004. There are 5,209 people living here. There are 2,250 households. Most of these households have an average family size of 2.98 people. According to the census, 73% are currently renting while 27% own their homes. The median age of this population is around 33.3 years old. On average, most folks in the zipcode are unmarried. About 25% of folks speak a language other than English in this area. The area's employment rate is currently around 54.6%. Speaking of employment, the median income is $34,595. Most folks will commute by car for around 20.0 minutes. Finally, we know that 22% of residents in the area have graduated with their high school degree. Additionally, 23% and 16% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Maricopa County, Arizona has a population of 4,088,549 people. Based on census records, there are 1,465,840 registered households. Families in this area are on average made up of 3.38 people per household. Most folks are unmarried. They are also typically around 35.8 years old. Does diversity matter to you? Right now, 26% of folks speak a language other than English here. About 40% rent while 60% purchased their homes. Right now, the community is made up of 23% of residents who have graduated with at least a high school degree. On top of that, 20% have a Bachelor's degree and 11% have a Master's degree. The employment rate is currently around 58.9%. Those employed, have a median income of $55,676. If you move here, you can expect to commute mostly by car for around 25.6 minutes.

Finally, let's take a look at the stats related to Phoenix - Mesa, AZ Urban Area. The urban area is home to 3,874,544 people. A total of 1,402,549 households are registered here. With average family sizes being listed at 3.38 people. About 23% of residents have graduated with a high school degree. Of the rest, 20% have their Bachelor's and 11% have their Master's degree. Folks speaking a language other than English, make up about 26% of the population. Speaking of your commute, 58.9% of people in this area are employed. The recorded median income is currently at $54,724 per year. The median population age has been listed at 35.9 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 40% of the population while homeowners are at about 60% of the population.
$1,099
Studio Median Rent
$1,914
1BR Median Rent
$2,699
2BR Median Rent
$4,025
3BR Median Rent