2045 W Washington St Phoenix, AZ 85009
Central City NeighborhoodEstimated payment $3,362/month
Highlights
- Popular Property
- Patio
- Central Heating and Cooling System
- Phoenix Coding Academy Rated A
- Ceramic Tile Flooring
- Partially Fenced Property
About This Home
Great opportunity in a central Phoenix location! This property is fully rented out and offers strong potential for investors or buyers looking to add value. Situated on a generously sized lot with easy access to downtown, freeways, and employment hubs. With the right vision, this property can be transformed into a solid income-producing asset or primary residence. Perfect for Section 8. There can be a 4th unit which is a studio but currently down to the studs. Phoenix allows ADU's for a great added value. Priced to sell--don't miss this opportunity! See Private Remarks.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,577
Year Built
- Built in 1948
Parking
- On-Street Parking
Home Design
- Wood Frame Construction
- Built-Up Roof
- Block Exterior
- Stucco
Interior Spaces
- Vertical Blinds
- Ceramic Tile Flooring
- Fire and Smoke Detector
Schools
- Mary Mcleod Bethune Elementary And Middle School
- Central High School
Utilities
- Central Heating and Cooling System
- Natural Gas Not Available
- Master Water Meter
Additional Features
- Patio
- Partially Fenced Property
Listing and Financial Details
- The owner pays for water, sewer, trash collection
- Legal Lot and Block 12 / 43
- Assessor Parcel Number 109-49-108
Community Details
Overview
- 3 Units
- Building Dimensions are 50 x 140, Corner lot
- Capitol Addition Subdivision
Building Details
- Operating Expense $6,677
- Gross Income $47,880
- Net Operating Income $42,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,577 | $11,106 | -- | -- |
| 2024 | $1,471 | $10,577 | -- | -- |
| 2023 | $1,471 | $36,370 | $7,270 | $29,100 |
| 2022 | $1,419 | $25,900 | $5,180 | $20,720 |
| 2021 | $1,408 | $26,800 | $5,360 | $21,440 |
| 2020 | $1,424 | $13,810 | $2,760 | $11,050 |
| 2019 | $1,422 | $11,510 | $2,300 | $9,210 |
| 2018 | $581 | $9,310 | $1,860 | $7,450 |
| 2017 | $567 | $7,900 | $1,580 | $6,320 |
| 2016 | $551 | $6,950 | $1,390 | $5,560 |
| 2015 | $510 | $5,460 | $1,090 | $4,370 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/03/2026 04/03/26 | For Sale | $599,900 | +7.1% | -- | |
| 08/13/2024 08/13/24 | Sold | $560,000 | -5.9% | -- | View Prior Sale |
| 07/01/2024 07/01/24 | Pending | -- | -- | -- | |
| 04/23/2024 04/23/24 | Price Changed | $595,000 | -8.5% | -- | |
| 04/01/2024 04/01/24 | For Sale | $650,000 | +47.7% | -- | |
| 12/10/2020 12/10/20 | Sold | $440,000 | -7.4% | -- | View Prior Sale |
| 11/25/2020 11/25/20 | Pending | -- | -- | -- | |
| 11/14/2020 11/14/20 | Price Changed | $475,000 | -4.0% | -- | |
| 11/14/2020 11/14/20 | For Sale | $495,000 | +25.3% | -- | |
| 10/31/2019 10/31/19 | Sold | $395,000 | -5.9% | -- | View Prior Sale |
| 10/01/2019 10/01/19 | Pending | -- | -- | -- | |
| 09/19/2019 09/19/19 | For Sale | $419,900 | 0.0% | -- | |
| 09/14/2019 09/14/19 | Pending | -- | -- | -- | |
| 09/02/2019 09/02/19 | Price Changed | $419,900 | -2.3% | -- | |
| 08/03/2019 08/03/19 | For Sale | $429,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $560,000 | Security Title Agency | |
| Warranty Deed | $440,000 | Thomas Title & Escrow Llc | |
| Warranty Deed | $395,000 | Chicago Title Agency Inc | |
| Warranty Deed | $25,000 | Lawyers Title Of Arizona Inc | |
| Trustee Deed | $77,381 | Fidelity National Title Agen | |
| Cash Sale Deed | $32,000 | Great American Title Agency | |
| Warranty Deed | -- | Accommodation | |
| Trustee Deed | $51,000 | Great American Title | |
| Interfamily Deed Transfer | -- | Capital Title Agency Inc | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Warranty Deed | $105,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Stewart Title & Trust | |
| Warranty Deed | $69,500 | Stewart Title & Trust |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $420,000 | New Conventional | |
| Previous Owner | $26,520 | New Conventional | |
| Previous Owner | $116,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7008464
APN: 109-49-108
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.
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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Ask me questions while you tour the home.