NOT LISTED FOR SALE

390 S 3rd St Coolidge, AZ 85128

Estimated Value: $248,000 - $448,000

3 Beds
2 Baths
3,009 Sq Ft
$104/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $125,000 $42 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,791/month

197 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Solar Screens
  • Corner Lot
  • Double Pane Windows
  • Property is near a bus stop

About This Home

As of March 2016

This property is an amazing investment opportunity at around $47 dollars per square foot and a CAP RATE of around 12%. This property boast two separate identical 3x2 homes which have been built in the same property for a total square footage of over 3,000 square feet. These two properties are virtually new built in 2006 and will require very minimal maintenance for the coming years. It is two properties for one very low price. Being close to downtown Coolidge is an exceptional location and puts the owners in close proximity to all services and entertainment. Living in one property and leasing the other is also a great opportunity to take advantage of the excellent CAP Rate where the rental income can virtually pay for the monthly mortgage.

Last Agent to Sell the Property

Carlos Cicero

West USA Realty License #SA633100000 Listed on: 08/06/2015

West USA Realty

Co-Listed By

Charles Bocook

West USA Realty License #SA659695000

Last Buyer's Agent

Mary McCormick

eXp Realty License #BR520369000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,188

Year Built

  • Built in 2006

Lot Details

  • 7,702 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,009 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Solar Screens

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Location

  • Property is near a bus stop

Schools

  • West Elementary School
  • Coolidge High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by General Contractor
  • Jones Addition 20 Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 20
  • Assessor Parcel Number 205-04-074

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,188

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 3rd Street and Harding Ave
  • Legal Info Range: 08E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2014
  • Directions: From Hiway 87 go East on Harding and when you get to 3rd Stree the property is on the Northwest side of the intersection.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.18
  • Co List Office Mls Id: wsrr01
  • Co List Office Phone: 480-722-9800
  • Subdivision Name: JONES ADDITION 20
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Windows:Dual Pane: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Pantry, Full Bth Master Bdrm
  • Living Area: 3009.0
  • Stories: 2
  • Window Features: Sunscreen(s), Dual Pane
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: West Elementary School
  • High School: Coolidge High School
  • Junior High Dist: Coolidge Unified District
  • Middle Or Junior School: West Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7702.0
  • Parcel #: 205-04-074
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: General Contractor

Tax Info

  • Tax Annual Amount: 1188.0
  • Tax Block: 20
  • Tax Book Number: 205.00
  • Tax Lot: 13
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2020
Sold by
Ray Gary
Bought by
Acuna Roberto and Acuna Samantha K
Current Estimated Value
$313,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2015
Closed on
Feb 29, 2016
Sold by
Marketa Pm Inc
Bought by
Acuna Roberto A and Acuna Samantha K
Seller's Agent
Carlos Cicero
West USA Realty
Buyer's Agent
Mary McCormick
eXp Realty
List Price
$142,900
Sold Price
$125,000
Premium/Discount to List
-$17,900
-12.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%
Original Mortgage
$130,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2012
Sold by
Marketa Enterprises Llc
Bought by
Roosevelt 13 Llc

Purchase Details

Closed on
Sep 30, 2010
Sold by
Dhb Real Estate Llc
Bought by
Marketa Enterprises Llc

Purchase Details

Closed on
Oct 14, 2009
Sold by
Desert Hills Bank
Bought by
Dhb Real Estate Llc

Purchase Details

Closed on
Sep 1, 2009
Sold by
Brooks James H and Brooks Bonnie J
Bought by
Desert Hills Bank

Purchase Details

Closed on
Sep 21, 2006
Sold by
Brooks James H and Brooks Bonnie J
Bought by
Spartan Realty Investments & Az Llc

Purchase Details

Closed on
Jul 27, 2005
Sold by
Vasquez Raymond L
Bought by
Rutz Dale

Purchase Details

Closed on
Apr 19, 2000
Sold by
Realty Asset Properties Ltd
Bought by
Vasquez Raymond L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,200
Interest Rate
8.24%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 22, 1996
Sold by
Peace Mary
Bought by
Peace Ray

Purchase Details

Closed on
Aug 12, 1996
Sold by
Realty Assets Inc
Bought by
Peace Ray
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
Acuna Roberto $77,500 Driggs Title Agency Inc
Acuna Roberto A $125,000 Driggs Title Agency Inc
Marketa Pm Inc -- Driggs Title Agency Inc
Roosevelt 13 Llc -- None Available
Marketa Enterprises Llc $61,000 The Talon Group Ocotillo
Dhb Real Estate Llc -- None Available
Desert Hills Bank $140,250 Thomas Title & Escrow
Spartan Realty Investments & Az Llc -- Security Title Agency Inc
Rutz Dale -- --
Vasquez Raymond L $16,000 Capital Title Agency
Peace Ray -- --
Peace Ray $26,160 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acuna Roberto $95,000
Previous Owner Acuna Roberto A $130,000
Previous Owner Vasquez Raymond L $15,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2016 03/01/16 Sold $125,000 -12.5% $42 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
12/10/2015 12/10/15 For Sale $142,900 0.0% $47 / Sq Ft
11/27/2015 11/27/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $142,900 0.0% $47 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $142,900 -- $47 / 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 $1,594 $38,349 -- --
2024 $1,561 $40,359 -- --
2023 $1,641 $32,009 $1,050 $30,959
2022 $1,561 $23,410 $630 $22,780
2021 $1,630 $22,279 $0 $0
2020 $1,600 $20,595 $0 $0
2019 $1,526 $15,894 $0 $0
2018 $1,425 $13,961 $0 $0
2017 $1,398 $14,074 $0 $0
2016 $1,251 $14,174 $579 $13,594
2014 -- $9,349 $420 $8,929
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5317507

Arizona Regional Multiple Listing Service (ARMLS)

APN: 205-04-074