NOT LISTED FOR SALE

2002 W Jefferson St Phoenix, AZ 85009

Central City Neighborhood

Estimated Value: $472,299 - $673,000

Studio
5 Baths
700 Sq Ft
$822/Sq Ft Est. Value

Sale Details

Date Sold: October 19, 2023

Last sale price $505,000 $721 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,188 / mo

26 Days on Market

Highlights

  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of October 2023

Downtown Phoenix 5-Units. Tenants are all month to month. Strong in-place rent. Current Annual Gross Income $77,400 ($6,450/Month). Current condition: Functional/C-Class. Potential for investors to reposition into 7 Units and optimize cash flow. Property is sold in as-is condition. Priced accordingly for experienced investors. Buyer shall verify all facts and figures.

Last Agent to Sell the Property

Jennie Miller PLLC

Market Edge Realty, LLC License #BR638404000 Listed on: 08/30/2023

Last Buyer's Agent

Zachary Coty

Compass License #SA697361000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $815

Year Built

  • Built in 1935

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available

Schools

  • William R Sullivan Elementary School
  • Central High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 109-49-120

Community Details

Overview

  • 3 Buildings
  • 7 Units
  • Building Dimensions are 50X140

Building Details

  • Operating Expense $815

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$815

Year Built

Built in 1935

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: JEFFERSON BETWEEN I-17 & 19TH AV,
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1935
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Range, Refrigerator

Exterior Features

  • Disclosures: None
  • Construction Type: Brick, Wood Frame, Painted
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0

Utilities

  • Electric: SRP
  • Cooling: Evaporative Cooling
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: William R Sullivan Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: William R Sullivan Elementary School

Lot Info

  • Lot Size: 50X140
  • Additional Parcels: No
  • Parcel #: 109-49-120

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 7
  • Annual Operating Expense: 815.0

Tax Info

  • Tax Annual Amount: 815.0
  • Tax Book Number: 109.0
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Oct 19, 2023
Sold by
Shieh Sonya
Bought by
Arizona Land Owner Llc
Seller's Agent
Jennie Miller PLLC
Market Edge Realty, LLC
Buyer's Agent
Zachary Coty
Compass
List Price
$550,000
Sold Price
$505,000
Premium/Discount to List
-$45,000
-8.18%
Views
12
Current Estimated Value
$575,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,075
Avg. Annual Appreciation
5.12%
Original Mortgage
$382,500
Outstanding Balance
$373,920
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$201,155

Purchase Details

Closed on
Jun 5, 2021
Sold by
Bo Yifeng
Bought by
Shieh Winston and Shieh Sonya

Purchase Details

Listed on
Jun 14, 2019
Closed on
Oct 16, 2019
Sold by
Twenty Three Michael Christopher and Twenty Three Joanna Lee
Bought by
Go Yifeng
Seller's Agent
John Hoge III
Retro Real Estate
Buyer's Agent
Winston Shieh
West USA Realty
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%

Purchase Details

Closed on
Jun 14, 2005
Sold by
Dominguez Robert C and Dominguez Arcenia B
Bought by
Hudson Michael C and Lockyear Joanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Arizona Land Owner Llc $505,000 Pioneer Title Services
Shieh Winston $268,762 Magnus Title Agency
Go Yifeng $265,000 Equity Title Agency Inc
Hudson Michael C $150,000 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Arizona Land Owner Llc $382,500
Previous Owner Hudson Michael C $120,000
Closed Hudson Michael C $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2026 04/28/26 Price Changed $609,000 -6.3% --
03/30/2026 03/30/26 Price Changed $650,000 -18.6% --
11/03/2025 11/03/25 Price Changed $799,000 -3.2% --
10/29/2025 10/29/25 Price Changed $825,000 -9.8% --
09/29/2025 09/29/25 Price Changed $915,000 -6.6% --
08/19/2025 08/19/25 Price Changed $979,500 -3.9% --
07/17/2025 07/17/25 For Sale $1,019,000 +101.8% --
10/19/2023 10/19/23 Sold $505,000 -8.2% $721 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $550,000 +107.5% $786 / Sq Ft
10/18/2019 10/18/19 Sold $265,000 -3.6% $379 / Sq Ft View Prior Sale
10/08/2019 10/08/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $275,000 0.0% $393 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $275,000 0.0% $393 / Sq Ft
09/26/2019 09/26/19 Price Changed $275,000 -5.1% $393 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
08/14/2019 08/14/19 Price Changed $289,900 -3.3% $414 / Sq Ft
08/13/2019 08/13/19 For Sale $299,900 0.0% $428 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $299,900 0.0% $428 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $299,900 -- $428 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $906 $6,379 -- --
2024 $845 $6,076 -- --
2023 $845 $31,960 $6,390 $25,570
2022 $815 $21,210 $4,240 $16,970
2021 $809 $18,500 $3,700 $14,800
2020 $818 $15,050 $3,010 $12,040
2019 $817 $13,230 $2,640 $10,590
2018 $803 $10,900 $2,180 $8,720
2017 $784 $9,820 $1,960 $7,860
2016 $762 $7,080 $1,410 $5,670
2015 $705 $6,300 $1,260 $5,040
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2025

    Zachary Coty

    Compass

    (602) 319-1326

    4 in this area

    27 Total Sales

    Zachary Coty
    Section Image
  • Jennie Miller PLLC

    Seller's Agent in 2023

    Jennie Miller PLLC

    Market Edge Realty, LLC

    (480) 382-9681

    4 in this area

    40 Total Sales

    Jennie Miller PLLC
    Section Image
  • John Hoge III

    Seller's Agent in 2019

    John Hoge III

    Retro Real Estate

    (602) 469-2651

    2 in this area

    59 Total Sales

    John Hoge III
    Section Image
  • Sacha Blanchet

    Seller Co-Listing Agent in 2019

    Sacha Blanchet

    Coldwell Banker Realty

    (602) 882-4921

    5 in this area

    201 Total Sales

    Sacha Blanchet
    Section Image

  • W

    Buyer's Agent in 2019

    Winston Shieh

    West USA Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6599122

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-49-120

Arizona Maricopa County Phoenix 85009 Central City

2002 W Jefferson St, Phoenix, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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