NOT LISTED FOR SALE

425 S Main St Coolidge, AZ 85128

Estimated Value: $919,544

-- Bed
-- Bath
21,000 Sq Ft
$44/Sq Ft Est. Value

Last Sold January 04, 2024

Last sale price $905,000 $43 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,294/month

60 Days on Market

Highlights

  • 0.78 Acre Lot
  • Concrete Flooring
  • 3-minute walk to Coolidge Youth Center

About This Home

As of January 2024

Zoned I-2 . . .Two buildings totaling 21,000 sqft - 3 parcels totaling 33,000 sqft. Great WAREHOUSE asset, right in the MIDDLE of town with plenty of PARKING. Natural GAS, city services, 18' CEILINGS, dropped lighting, INSULATED metal walls, REINFORCED concrete floors, sky lights, 600 amps with 3 PHASE ELECTRIC, restrooms/one with SHOWER. OFFICES built out..... Lease OPTION and/or seller FINANCING available, subject to qualification. Multiple uses permitted by City.

Last Agent to Sell the Property

David Siwinski

ICG-Phoenix, LLC License #BR043254000 Listed on: 10/05/2023

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,035

Year Built

  • Built in 1988

Lot Details

  • 0.78 Acre Lot
  • Property is zoned I-2

Home Design

  • Brick Exterior Construction
  • Built-Up Roof
  • Metal Roof
  • Block Exterior
  • Metal Siding

Interior Spaces

  • 21,000 Sq Ft Home
  • Concrete Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Public Parking
  • Private Parking
  • Free Parking
  • Paved Parking
  • Fenced Parking

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 205-05-079-A

Community Details

Overview

  • 2 Buildings
  • Building Dimensions are 130 X 147.5
  • Coolidge Amended Subdivision

Building Details

  • Operating Expense $6,035
  • Gross Income $40,000
  • Net Operating Income $40,000

Property Details

Property Type

Other

Est. Annual Taxes

$6,035

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Cross Street: Harding & Main
  • Legal Info Range: 08E
  • Property Type: Comm/Industry Sale
  • Zoning: I-2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1988
  • Tax Year: 2021
  • Directions: Corner of Harding & Main in Coolidge
  • Lot Size Acres: 0.78
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: COOLIDGE AMENDED
  • Structure Type: Commercial, Industrial, Manufacturing, Distribution/Warehse
  • Tax Parcel Letter: A
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 21000.0

Exterior Features

  • Construction Type: Metal Siding, Block, Brick
  • Roof: Built-Up, Metal
  • Construction:Block: Yes
  • Construction:Metal: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Public Parking, Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: 3 Phase Power, APS
  • Cooling: Warehouse Evap, Office A/C
  • Water Source: City Franchise, Individual Meter
  • Heating:Natural Gas: Yes
  • Heating:Office Heated: Yes
  • Heating:Warehouse Heated: Yes

Lot Info

  • Lot Size: 130 X 147.5
  • Lot Size Sq Ft: 33800.0
  • Parcel #: 205-05-079-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 40000.0
  • Property Net Operating Income: 40000.0
  • Annual Operating Expense: 6035.0

Tax Info

  • Tax Annual Amount: 6035.0
  • Tax Book Number: 205.00
  • Tax Lot: 1
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Jan 4, 2024
Sold by
Jung Commercial Properties Llc
Bought by
Spillman Koplin Llc
Seller's Agent
David Siwinski
ICG-Phoenix, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$950,000
Sold Price
$905,000
Premium/Discount to List
-$45,000
-4.74%
Views
35
Current Estimated Value
$919,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,544
Avg. Annual Appreciation
0.89%
Original Mortgage
$705,000
Outstanding Balance
$693,434
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$226,110

Purchase Details

Closed on
Dec 22, 2009
Sold by
Jrs Consulting & Investments Inc
Bought by
Srj Consulting & Investments Llc

Purchase Details

Closed on
Jul 30, 2009
Sold by
Brijor Acquisition Corp
Bought by
Jrs Consulting & Investments Inc
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
Spillman Koplin Llc $905,000 Landmark Title
Srj Consulting & Investments Llc -- Stewart Title & Trust Of Pho
Jrs Consulting & Investments Inc $120,000 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spillman Koplin Llc $705,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2024 01/04/24 Sold $905,000 -4.7% $43 / Sq Ft
10/05/2023 10/05/23 For Sale $950,000 -- $45 / 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 $5,196 -- -- --
2024 $5,510 -- -- --
2023 $5,510 $42,830 $6,916 $35,914
2022 $5,395 $33,231 $5,763 $27,468
2021 $6,035 $41,764 $0 $0
2020 $6,384 $42,891 $0 $0
2019 $6,552 $43,994 $0 $0
2018 $6,646 $45,545 $0 $0
2017 $7,188 $47,857 $0 $0
2016 $7,022 $10,081 $10,081 $10,081
2014 $8,022 $28,100 $3,659 $24,441
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6614180

Arizona Regional Multiple Listing Service (ARMLS)

APN: 205-05-079A