NOT LISTED FOR SALE

371 W Spruell Ave Coolidge, AZ 85128

-- Bed
-- Bath
-- Sq Ft
20,473 Sq Ft Lot

Sale Details

Date Sold: December 21, 2020

Last sale price $643,000

435 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Heating System Uses Natural Gas

About This Home

As of December 2020

This apartment complex and additional .92 acre of land is perfect for your O-Zone investment plans. Feature packed 2 bedroom 1 bath units are large with patio, storage/laundry rooms, lots of tile and rent easily and quickly. Units were substantially renovated 2017-2018. Concrete driveway and parking areas, with covered parking. Coolidge AZ is one of the hottest markets around, with new industry flocking to central Pinal county. Multiple homebuilders are producing new homes to meet the demand of the expected influx of new workers. Owner Agent.

Last Agent to Sell the Property

David Schlagel

ROX Real Estate License #SA637465000 Listed on: 07/23/2019

ROX Real Estate

Co-Listed By

Rock Earle

Rox Commercial License #BR004695000

Last Buyer's Agent

Dallon Schultz

H&M Arizona Real Estate Brokerage, LLC License #SA685410000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,853

Year Built

  • Built in 1979

Lot Details

  • 0.47

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Parking

  • 10 Open Parking Spaces
  • 18 Parking Spaces
  • 8 Covered Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 205-17-053-A

Community Details

Overview

  • 4 Buildings
  • 8 Units
  • Building Dimensions are 264 x 306
  • Com @ W1/4 Cor Of Sec 27 5S 8E Th S 992.88 Th E 66 Subdivision

Building Details

  • Operating Expense $4,853
  • Gross Income $68,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,853

Year Built

Built in 1979

Lot Details

0.47 Acres

Listing Details

  • Cross Street: Arizona and Spruell
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: residential
  • Number Of Buildings: 4
  • Year Built: 1979
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cbrr01
  • Co List Office Phone: 520-423-8250
  • Subdivision Name: COM @ W1/4 COR OF SEC 27-5S-8E TH S-992.88 TH E-66
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 18.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 18.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks), Individual Meter
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise, Master Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: 264 x 306
  • Additional Parcels: Yes
  • Parcel #: 205-17-053-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 8
  • Annual Gross Income: 68400.0
  • Annual Operating Expense: 4853.4

Tax Info

  • Tax Annual Amount: 4853.4
  • Tax Book Number: 205.00
  • Tax Lot: 0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $643,000 -17.0% --
11/23/2020 11/23/20 For Sale $775,000 0.0% --
11/23/2020 11/23/20 Price Changed $775,000 0.0% --
09/30/2020 09/30/20 Pending -- -- --
09/21/2020 09/21/20 Pending -- -- --
08/05/2020 08/05/20 Price Changed $775,000 -2.5% --
07/24/2020 07/24/20 For Sale $795,000 +23.6% --
07/24/2020 07/24/20 Off Market $643,000 -- --
07/23/2019 07/23/19 For Sale $795,000 0.0% --
02/24/2016 02/24/16 Rented $592 0.0% --
02/24/2016 02/24/16 Under Contract -- -- --
02/01/2016 02/01/16 For Rent $592 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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
2024 $2,037 $22,016 -- --
2023 $1,938 $17,614 $4,299 $13,314
2022 $1,938 $13,763 $4,299 $9,464
2021 $2,141 $13,884 $0 $0
2020 $2,341 $15,244 $0 $0
2019 $2,233 $14,053 $0 $0
2018 $2,155 $13,845 $0 $0
2017 $2,168 $14,031 $0 $0
2016 $1,939 $14,357 $5,937 $8,420
2014 $1,782 $11,676 $4,095 $7,581
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5955758

Arizona Regional Multiple Listing Service (ARMLS)

APN: 205-17-053A

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