$505,000
SOLD OCT 19, 2023
-- Bed
-- Bath
700 Sq Ft
1935 Built

Recently Sold

$721 Per Sq Ft

8% Below List Price

26 Days on Market

Highlights

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

About This Home

As of October 2023

Great downtown Phoenix Location at 19th Ave/Van Buren. This multi family building is a 7 unit completely vacant property that is ready for a new investor! Addresses included in sale: 2002 W. Jefferson (1 unit). 16 S. 20th Ave (1 unit). 14 S. 20th Ave (5 units). 2002 is a 1 bed; 16 is a 1 bed; 14#1 is a one bed; 14#2-5 are studios. Property is conveniently located close to the Arizona Capitol Museum, Downtown Phoenix, and other food/shopping areas!

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

Flooring

  • Wood
  • Concrete

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

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

Listing Details

  • Cross Street: JEFFERSON BETWEEN I-17 & 19TH AV,
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1935
  • Tax Year: 2023
  • Directions: Property is located on the northwest corner of 20th ave and Jefferson.
  • Road Surface Type: Asphalt
  • Construction Brick: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Concrete
  • Appliances: Built-In Range, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Unfurnished: Yes

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
  • Number Of Units Total: 7
  • Annual Operating Expense: 815.0

Tax Info

  • Tax Annual Amount: 815.0
  • Tax Book Number: 109.00
  • 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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.37%
Original Mortgage
$382,500
Outstanding Balance
$376,019
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$99,591

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
10.71%

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $505,000 Pioneer Title Services
Warranty Deed $268,762 Magnus Title Agency
Warranty Deed $265,000 Equity Title Agency Inc
Warranty Deed $150,000 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $382,500 New Conventional
Previous Owner $120,000 Purchase Money Mortgage
Closed $15,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 Compared to Growth

Source: Public Records

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 $853 $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

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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