NOT LISTED FOR SALE

375 W Coolidge Ave Coolidge, AZ 85128

Estimated Value: $329,380

Studio
-- Bath
8,499 Sq Ft
$39/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $345,000 $41 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,059/month

114 Days on Market

Highlights

  • 0.32 Acre Lot
  • Display Windows
  • Central Air
  • Community Kitchen
  • Chilled Water System
  • 5-minute walk to Coolidge Youth Center

About This Home

As of August 2023

HUGEEE PRICE DROP!! Mixed-Use zoning provides a fantastic Owner-user / Investment Opportunity in the BOOMING corridor between Phoenix & Tucson. In an Opportunity Zone! Series 9 Liquor License. Upgraded electrical!! 1200 AMPS.

** Opportunity to remodel attached SFR for rental income?? See photos.

250 SF walk-in beer/beverage cooler
Multiple walk-in freezers/refrigerators (all operational). 4 Refrigerating food displays
1000 SF of storage space for additional inventory (back of store). Money wiring & check cashing services

6,435 SF - Retail/Convenience/Liquor AND 2,064 SF - Single Family Home (attached; back of property)

Last Agent to Sell the Property

Hudson Robison

The Broker Reserve LLC License #BR692045000 Listed on: 03/09/2023

Last Buyer's Agent

Hudson Robison

The Firm RE License #BR692045000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,340

Year Built

  • Built in 1953

Lot Details

  • 0.32 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Property is zoned MIXED

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 8,499 Sq Ft Home
  • Display Windows
  • Vinyl Flooring
  • Chilled Water System

Parking

  • 17 Open Parking Spaces
  • 17 Parking Spaces
  • Public Parking
  • Paved Parking

Utilities

  • Central Air
  • Multiple Heating Units
  • Heating unit installed on the ceiling
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 205-15-002

Community Details

Overview

  • Seagoe's Second Addition Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Showroom
  • Reception Area

Building Details

  • Operating Expense $4,340
  • Gross Income $724,896
  • Net Operating Income $28,680

Property Details

Property Type

Other

Est. Annual Taxes

$4,340

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Cross Street: Coolidge Avenue & 4th Street
  • Legal Info Range: 08E
  • Property Type: Comm/Industry Sale
  • Zoning: MIXED
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1953
  • Tax Year: 2022
  • Lot Size Acres: 0.32
  • Subdivision Name: SEAGOE'S SECOND ADDITION
  • Structure Type: Commercial
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Vinyl
  • Living Area: 8499.0

Exterior Features

  • Fencing: Chain Link, Partial
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Parking Lot, Paved
  • Attached Garage: No
  • Open Parking Spaces: 17.0
  • Total Parking Spaces: 17.0
  • General Property Description:Uncvrd Parking Spcs: 17.0
  • General Property Description:Total Parking Spcs: 17.0
  • Parking Features Paved Parking: Yes
  • Parking Features Public Parking: Yes

Utilities

  • Electric: Over 220 Amp, APS
  • Cooling: Central Air, Heat Pump, Chiller System, Office A/C, Warehouse A/C, Warehouse Fan(s)
  • Heating: Heat Pump, 2 or More Units, Electric, Ceiling
  • Green Building Features: Conference Room, Reception Room, Showroom, Kitchen, Display Window(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Ceiling: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Office Heated: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showroom: Yes
  • Amenities:Display Window(s): Yes

Lot Info

  • Lot Size Sq Ft: 14003.0
  • Parcel #: 205-15-002

Multi Family

  • Annual Gross Income: 724896.08
  • Property Net Operating Income: 28680.48
  • Annual Operating Expense: 4340.0

Tax Info

  • Tax Annual Amount: 4340.0
  • Tax Book Number: 205.00
  • Tax Lot: 2
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Aug 11, 2023
Sold by
Tang Jeannie
Bought by
Kashish Llc
Seller's Agent
Hudson Robison
The Broker Reserve LLC
Buyer's Agent
Hudson Robison
The Broker Reserve LLC
List Price
$665,000
Sold Price
$345,000
Premium/Discount to List
-$320,000
-48.12%
Views
35
Current Estimated Value
$329,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,620
Avg. Annual Appreciation
-0.77%

Purchase Details

Closed on
Jul 21, 2016
Sold by
501 S Arizona Bovd Llc
Bought by
Gustavo Gonzales Rentuls Llc

Purchase Details

Closed on
Mar 11, 2015
Sold by
Le Dan Thi and Ngo Bich Lien Thi
Bought by
Tang Jeannie

Purchase Details

Closed on
Mar 11, 2011
Sold by
Le Than Q and Quach Kia B
Bought by
Le Dan Thi and Ngo Bieh Lien Thi

Purchase Details

Closed on
Mar 8, 1999
Sold by
Chen King Yuk and Chen Yip Wing
Bought by
Le Thao Q and Quach Kia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kashish Llc $345,000 Empire Title
Gustavo Gonzales Rentuls Llc $29,000 None Available
Tang Jeannie $152,000 Chicago Title Agency Inc
Le Dan Thi $75,000 Title Security Agency Of Pin
Le Thao Q $120,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Le Thao Q $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $345,000 -29.2% $41 / Sq Ft
06/08/2023 06/08/23 Price Changed $487,500 -10.9% $57 / Sq Ft
04/07/2023 04/07/23 Price Changed $547,000 -17.7% $64 / Sq Ft
03/01/2023 03/01/23 For Sale $665,000 -- $78 / 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 $4,193 -- -- --
2024 $4,340 -- -- --
2023 $4,429 $35,516 $5,292 $30,224
2022 $4,340 $32,631 $5,292 $27,339
2021 $4,693 $33,118 $0 $0
2020 $4,948 $34,472 $0 $0
2019 $4,726 $32,602 $0 $0
2018 $4,443 $30,668 $0 $0
2017 $4,618 $31,273 $0 $0
2016 $3,424 $7,714 $7,714 $7,714
2014 $3,269 $14,079 $2,800 $11,279
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6528595

Arizona Regional Multiple Listing Service (ARMLS)

APN: 205-15-002