NOT LISTED FOR SALE

231 W Elm Ave Coolidge, AZ 85128

Estimated Value: $229,756 - $287,000

-- Bed
-- Bath
2,528 Sq Ft
$104/Sq Ft Est. Value

Last Sold March 06, 2015

Last sale price $75,000 $30 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $1,492/month

255 Days on Market

Highlights

  • Cooling Available
  • Heating Available
  • 3-minute walk to Coolidge Youth Center

About This Home

As of March 2015

This duplex is the investment for anybody looking to take advantage of a great opportunity. Both units are 2 bedroom, 2.5 baths with a den, that could easily be made into a 3rd bedroom. Vaulted ceilings, open kitchen and living room on second floor.

Last Agent to Sell the Property

Sarah Kelley

RD Bradshaw Group LLC License #SA641882000 Listed on: 05/15/2014

Co-Listed By

Dustin Hintz

Keller Williams Realty Sonoran Living License #SA643885000

Last Buyer's Agent

Stephanie Sandoval

HomeSmart Lifestyles License #BR577094000

HomeSmart Lifestyles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,480

Year Built

  • Built in 2003

Lot Details

  • 7,492

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • 1 Covered Space

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV, landscaping
  • Tax Lot 4
  • Assessor Parcel Number 205-14-132-C

Community Details

Overview

  • 2 Units
  • Building Dimensions are 50X150
  • Wallace Addition Subdivision

Building Details

  • Operating Expense $1,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,480

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Cross Street: Arizona Ave & Coolidge Ave
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: Unkown
  • Number Of Buildings: 1
  • Year Built: 2003
  • Tax Year: 2013
  • Directions: Head South on Arizona Ave. Left onto W. Elm Ave. Duplex is on the right.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: trbg001
  • Co List Office Phone: 602-740-6147
  • Subdivision Name: WALLACE ADDITION
  • Garage Yn: Yes
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 3.0
  • Garage Details: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: 50X150
  • Additional Parcels: No
  • Parcel #: 205-14-132-C

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Operating Expense: 1480.46
  • Vacancy Allowance Rate: 100.0

Tax Info

  • Tax Annual Amount: 1480.46
  • Tax Book Number: 205.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2014
Closed on
Feb 24, 2015
Sold by
5K Ranch Llc
Bought by
Az Cash Flips Llc
Seller's Agent
Sarah Kelley
RD Bradshaw Group LLC
Buyer's Agent
Stephanie Sandoval
HomeSmart Lifestyles
List Price
$99,000
Sold Price
$75,000
Premium/Discount to List
-$24,000
-24.24%
Current Estimated Value
$262,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,689
Avg. Annual Appreciation
12.62%

Purchase Details

Listed on
May 15, 2014
Closed on
Feb 10, 2015
Sold by
Az Cash Flips Llc
Bought by
Ellie Family Limited Partnership
Seller's Agent
Sarah Kelley
RD Bradshaw Group LLC
Buyer's Agent
Stephanie Sandoval
HomeSmart Lifestyles
List Price
$99,000
Sold Price
$75,000
Premium/Discount to List
-$24,000
-24.24%

Purchase Details

Closed on
Sep 20, 2009
Sold by
Pinkerton Amanda and Kelley Sarah
Bought by
Az Cash Flips Llc

Purchase Details

Closed on
Sep 18, 2009
Sold by
Kelley Brian
Bought by
Kelley Sarah

Purchase Details

Closed on
Sep 16, 2009
Sold by
Wells Fargo Bank Na
Bought by
Pinkerton Amanda and Kelley Sarah

Purchase Details

Closed on
Sep 15, 2009
Sold by
Pinkerton Deric
Bought by
Pinkerton Amanda

Purchase Details

Closed on
Dec 2, 2008
Sold by
Perez Ronaldo S and Perez Eunice N
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 25, 2005
Sold by
Spartan Realty Investments Llc
Bought by
Perez Ronaldo S and Perez Eunice N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2004
Sold by
Brooks James H and Brooks Bonnie J
Bought by
Spartan Investments Llc
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Az Cash Flips Llc -- Empire West Title Agency
Ellie Family Limited Partnership $75,000 Empire West Title Agency
Az Cash Flips Llc -- None Available
Kelley Sarah -- Metro Title Agency Of Az Llc
Pinkerton Amanda $47,250 Metro Title Agency Of Az Llc
Pinkerton Amanda -- Metro Title Agency Of Az Llc
Wells Fargo Bank Na $170,023 None Available
Perez Ronaldo S $180,000 Security Title Agency Inc
Spartan Investments Llc -- Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellie Family Limited Partnership $500,000
Previous Owner Sk Ranch Llc $51,000
Previous Owner Perez Ronaldo S $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2015 03/06/15 Sold $75,000 -24.2% $30 / Sq Ft
01/25/2015 01/25/15 Pending -- -- --
05/15/2014 05/15/14 For Sale $99,000 -- $39 / 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 $1,265 $17,995 -- --
2024 $1,239 $18,319 -- --
2023 $1,302 $13,339 $1,125 $12,214
2022 $1,239 $9,608 $675 $8,933
2021 $1,294 $9,911 $0 $0
2020 $1,270 $9,961 $0 $0
2019 $1,211 $8,864 $0 $0
2018 $1,131 $8,791 $0 $0
2017 $1,110 $8,634 $0 $0
2016 $993 $9,116 $619 $8,497
2014 -- $6,002 $450 $5,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5116184

Arizona Regional Multiple Listing Service (ARMLS)

APN: 205-14-132C