NOT LISTED FOR SALE

2347 W Coolidge St Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $476,000 - $1,173,000

7 Beds
-- Bath
1,558 Sq Ft
$610/Sq Ft Est. Value

Last Sold August 24, 2021

Last sale price $975,000 $626 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,211/month

117 Days on Market

Highlights

  • Cooling Available
  • Community Barbecue Grill
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Ceiling Fan
  • 4-minute walk to Kid Street Park

About This Home

As of August 2021

Obtain a 6 unit property that has been redone. Large Storage rooms for additional Income along w/Owner Owned Coin-Op Laundry. The ample parking lot has been recoated w/new striping. The Exterior newly painted w/MODERN paint. The interior has been painted along w/ 4 inch baseboards and all outlets have been replaced. New tenants being placed now at $895 per door. There is a Gazebo with a new Picnic area for the Tenants. All Exterior Doors have been refinished. New Thresholds in every unit. Solar Security Lighting has been added as well as Exterior Security Doors. New Doors on all of the Water Heater Closets. ALL new sunscreens added. The interior have all new laminate wood grain flooring with padding. New ceiling fan and much more-see the document tab-Buyer to verify all facts & figures

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 04/10/2021

Last Buyer's Agent

Linda CCIM

Stephen Magee Int'l Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,956

Year Built

  • Built in 1985

Lot Details

  • 0.29

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 11 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 36
  • Assessor Parcel Number 154-13-015

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Building Dimensions are irr
  • Rowlett Place 2 Subdivision

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $18,358
  • Gross Income $70,228
  • Net Operating Income $52,099

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,956

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 23 Ave and Camelback RD
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: MFAM
  • Number Of Buildings: 2
  • Year Built: 1985
  • Tax Year: 2020
  • Directions: Turn south onto 23 Ave to Coolidge. Turn Right at Coolidge and property is on the south side of the street.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s), Alley
  • Professional Management Expense: 5636.0
  • Subdivision Name: ROWLETT PLACE 2
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm, APOD/Backup Avaible, Sch of Personal Prop
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 10.5
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.5
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Heat Pump, Ceiling Fan(s)
  • Heating: Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Community Amenities:Barbecue: Yes

Fee Information

  • Annual Water Sewer Expense: 7046.0

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 154-13-015

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 6
  • Annual Gross Income: 70228.0
  • Insurance Expense: 2310.0
  • Maintenance Expense: 705.0
  • Property Net Operating Income: 52099.0
  • Annual Operating Expense: 18358.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1956.0
  • Tax Book Number: 154.00
  • Tax Lot: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2021
Closed on
Aug 22, 2021
Sold by
1317 Pima Phoenix Llc
Bought by
Jms Az Property I Llc
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$1,040,000
Sold Price
$975,000
Premium/Discount to List
-$65,000
-6.25%
Current Estimated Value
$950,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,220
Avg. Annual Appreciation
-0.61%

Purchase Details

Listed on
Jun 27, 2020
Closed on
Oct 13, 2020
Sold by
Gomez Raul and Gomez Maria Guadalupe
Bought by
1317 Pima Phoenix Llc
Seller's Agent
Troy Koehler
Realty ONE Group
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$685,000
Sold Price
$650,000
Premium/Discount to List
-$35,000
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.04%
Original Mortgage
$590,700
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2020
Sold by
Gomez Raul and Gomez Guadalupe
Bought by
Gomez Raul and Gomez Maria Guadalupe

Purchase Details

Closed on
Jun 7, 2000
Sold by
Walker Thomas M and Walker Ruby L
Bought by
Gomez Raul and Guadalupe Gomez M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
8.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 7, 1996
Sold by
Huschke Darell A and Huschke Martha J
Bought by
Walker Thomas M and Walker Ruby L
Source: Public Records

Range of Values:

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Average Value
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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
Jms Az Property I Llc $975,000 Empire West Title Agency Llc
1317 Pima Phoenix Llc $650,000 Empire West Title Agency Llc
Gomez Raul -- None Available
Gomez Raul $159,000 Security Title Agency
Walker Thomas M $125,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1317 Pima Phoenix Llc $590,700
Previous Owner Gomez Raul $119,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2021 08/24/21 Sold $975,000 -2.3% $626 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/16/2021 07/16/21 Price Changed $998,000 -4.0% $641 / Sq Ft
04/10/2021 04/10/21 For Sale $1,040,000 +60.0% $668 / Sq Ft
10/20/2020 10/20/20 Sold $650,000 -5.1% $417 / Sq Ft View Prior Sale
09/11/2020 09/11/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $685,000 -- $440 / 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 $2,037 $14,183 -- --
2024 $2,047 $13,508 -- --
2023 $2,047 $47,420 $9,480 $37,940
2022 $2,016 $35,420 $7,080 $28,340
2021 $2,034 $30,560 $6,110 $24,450
2020 $1,956 $27,120 $5,420 $21,700
2019 $1,932 $23,060 $4,610 $18,450
2018 $1,784 $19,820 $3,960 $15,860
2017 $1,761 $17,560 $3,510 $14,050
2016 $1,687 $15,430 $3,080 $12,350
2015 $1,596 $12,910 $2,580 $10,330
Source: Public Records

Agents Affiliated with this Home

  • Linda Gerchick

    Seller's Agent in 2021

    Linda Gerchick

    Gerchick Real Estate

    (602) 688-9279

    9 in this area

    119 Total Sales

    Linda Gerchick
    Section Image

  • L

    Buyer's Agent in 2021

    Linda CCIM

    Stephen Magee Int'l Properties

  • T

    Seller's Agent in 2020

    Troy Koehler

    Realty One Group

    (623) 334-3744

    2 in this area

    11 Total Sales

    Troy Koehler
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6219809

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-13-015

Arizona Maricopa County Phoenix 85015 Alhambra

2347 W Coolidge St, Phoenix, AZ

This home is located at 2347 W Coolidge St, Phoenix, AZ 85015 since 10 April 2021 and is currently estimated at $950,780, approximately $610 per square foot. This property was built in 1985. 2347 W Coolidge St is a home located in Maricopa County with nearby schools including Westwood Primary School, Choice Learning Academy, and Central High School.

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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