R
Seller's Agent in 2025
Robert Hershey
PMI Phx Gateway
(480) 980-7653
1 in this area
49 Total Sales
2142 W Washington St Phoenix, AZ 85009
Central City Neighborhood
3
Beds
4
Baths
825
Sq Ft
1926
Built
Highlights
- Cooling System Mounted To A Wall/Window
- Phoenix Coding Academy Rated A
- Heating Available
About This Home
As of April 2025This sale consists of 4 lots with a total of 15 units. 109-32-014
109-32-015
109-32-016
109-32-017
13 units currently have tenants on month to month leases, several tenants have been there for years but definitely room to raise rents.
Great cap rate and priced very well!
No access to the properties until contract acceptance. Drive by only.
Last Agent to Sell the Property
PMI Phx Gateway License #BR506143000 Listed on: 02/26/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $669
Year Built
- Built in 1926
Home Design
- Wood Frame Construction
- Stucco
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- On-Street Parking
- Assigned Parking
Lot Details
- Additional Parcels
Utilities
- Cooling System Mounted To A Wall/Window
- Central Air
- Heating Available
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Tax Lot 14
- Assessor Parcel Number 109-32-014
Community Details
Overview
- 15 Buildings
- 15 Units
- Building Dimensions are 140x200
- Capitol Addition Subdivision
Building Details
- Operating Expense $669
- Gross Income $135,478
- Net Operating Income $130,600
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2025
Closed on
Apr 9, 2025
Sold by
Bought by
Seller's Agent
Robert Hershey
PMI Phx Gateway
Buyer's Agent
Mitchell Drake
ABI Multifamily
List Price
$1,200,000
Sold Price
$1,220,000
Premium/Discount to List
$20,000
1.67%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,025,000
Interest Rate
0.0663%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 19, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
0.0708%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 23, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,230
Interest Rate
0.0393%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 16, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,700
Interest Rate
0.0412%
Mortgage Type
Commercial
Purchase Details
Listed on
Nov 4, 2013
Closed on
Nov 18, 2013
Sold by
Bought by
Seller's Agent
Richard Vairo
Prestige Realty
Buyer's Agent
Brian Petree
West USA Choice
List Price
$64,900
Sold Price
$60,000
Premium/Discount to List
-$4,900
-7.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
0.0423%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 6, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,575
Interest Rate
0.05%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 21, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,575
Interest Rate
0.05%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 27, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
0.0675%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 13, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
0.0675%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 12, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
0.0675%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,220,000 | Stewart Title & Trust Of Phoen | ||
| -- | Professional Escrow Resources | ||
| $355,000 | Old Republic Title Agency | ||
| $570,000 | Equity Title Agency Inc | ||
| $60,000 | Lawyers Title Of Arizona Inc | ||
| -- | None Available | ||
| $97,632 | None Available | ||
| -- | Grand Canyon Title Agency In | ||
| $205,000 | Grand Canyon Title Agency In | ||
| -- | Grand Canyon Title Agency In | ||
| -- | Grand Canyon Title Agency In | ||
| $205,000 | Grand Canyon Title Agency In |
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 | $434,000 | ||
| Closed | $1,025,000 | ||
| Previous Owner | $625,000 | ||
| Previous Owner | $75,000 | ||
| Previous Owner | $220,230 | ||
| Previous Owner | $348,700 | ||
| Previous Owner | $91,100 | ||
| Previous Owner | $253,712 | ||
| Previous Owner | $78,000 | ||
| Previous Owner | $60,000 | ||
| Previous Owner | $54,061 | ||
| Previous Owner | $23,575 | ||
| Previous Owner | $164,000 |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/16/2025 04/16/25 | Sold | $1,220,000 | +1.7% | $1,479 / Sq Ft | |
| 04/09/2025 04/09/25 | Price Changed | $1,200,000 | 0.0% | $1,455 / Sq Ft | |
| 03/07/2025 03/07/25 | Pending | -- | -- | -- | |
| 03/06/2025 03/06/25 | Pending | -- | -- | -- | |
| 02/26/2025 02/26/25 | For Sale | $1,200,000 | +1900.0% | $1,455 / Sq Ft | |
| 11/20/2013 11/20/13 | Sold | $60,000 | -7.6% | $73 / Sq Ft | View Prior Sale |
| 11/08/2013 11/08/13 | Pending | -- | -- | -- | |
| 11/04/2013 11/04/13 | For Sale | $64,900 | -- | $79 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax 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.
| 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 | $711 | $5,005 | ||
| 2024 | $663 | $4,766 | ||
| 2023 | $663 | $24,220 | $4,840 | $19,380 |
| 2022 | $639 | $15,950 | $3,190 | $12,760 |
| 2021 | $634 | $13,950 | $2,790 | $11,160 |
| 2020 | $642 | $11,270 | $2,250 | $9,020 |
| 2019 | $641 | $9,830 | $1,960 | $7,870 |
| 2018 | $630 | $8,170 | $1,630 | $6,540 |
| 2017 | $615 | $7,360 | $1,470 | $5,890 |
| 2016 | $598 | $5,260 | $1,050 | $4,210 |
| 2015 | $553 | $4,160 | $830 | $3,330 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Hershey
-
Mitchell Drake
Buyer's Agent in 2025
Mitchell Drake
ABI Multifamily
(602) 714-1400
7 in this area
30 Total Sales
-
Richard Vairo
Seller's Agent in 2013
Richard Vairo
Prestige Realty
(602) 230-7600
1 in this area
9 Total Sales
-
Brian Petree
B
Buyer's Agent in 2013
Brian Petree
West USA Choice
1 Total Sale
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6829683
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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