NOT LISTED FOR SALE

556 W Wilson Ave Coolidge, AZ 85128

Estimated Value: $372,000 - $876,261

Studio
-- Bath
-- Sq Ft
0.48 Acres

Last Sold June 27, 2024

Last sale price $1,000,000

Est. 38% decrease in value since last sale

Current estimated payment $3,470/month

2 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of June 2024

Great income property.

6 units $1100 - $1150
2 units $900

DO NOT CONTACT THE TENANTS.

Last Agent to Sell the Property

Joan Faith

Faith Real Estate and Investments, LLC License #BR115531000 Listed on: 06/02/2024

Co-Listed By

Jenny Cline

Faith Real Estate and Investments, LLC License #SA656707000

Last Buyer's Agent

Rick Horst

Keller Williams Arizona Realty License #SA640657000

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,095

Year Built

  • Built in 1940

Lot Details

  • 0.48

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Metal Construction or Metal Frame
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water
  • Legal Lot and Block 16 / 5
  • Assessor Parcel Number 204-08-085

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Building Dimensions are 23255 sq ft
  • West Coolidge Subdivision

Building Details

  • Operating Expense $2,095
  • Gross Income $7,560
  • Net Operating Income $8,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,095

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: Arizona Ave / Wilson
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: R
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2023
  • Road Surface Type: Dedicated Street
  • Co List Office Mls Id: fath01
  • Co List Office Phone: 480-893-1239
  • Subdivision Name: WEST COOLIDGE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Metal, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Frame - Metal: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Coolidge Unified District

Lot Info

  • Lot Size: 23255 sq ft
  • Additional Parcels: No
  • Parcel #: 204-08-085

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 8
  • Annual Gross Income: 7560.0
  • Property Net Operating Income: 8400.0
  • Annual Operating Expense: 2095.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 2095.0
  • Tax Block: 5
  • Tax Book Number: 204.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2024
Closed on
Jun 27, 2024
Sold by
Sherlock William J and Sherlock Geraldine F
Bought by
Chromatic Llc
Seller's Agent
Joan Faith
Faith Real Estate and Investments, LLC
Buyer's Agent
Rick Horst
Keller Williams Arizona Realty
List Price
$1,000,000
Sold Price
$1,000,000
Views
4
Current Estimated Value
$621,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$378,185
Avg. Annual Appreciation
-25.97%

Purchase Details

Closed on
Jul 25, 2005
Sold by
Lormac Llc
Bought by
Sherlock William J and Sherlock Geraldine F

Purchase Details

Closed on
Sep 23, 2004
Sold by
Lorenzi Allen B and Lorenzi Crystan L
Bought by
Lormac Llc

Purchase Details

Closed on
Jul 31, 2003
Sold by
Greeley Austin
Bought by
Lorenzi Allen B and Lorenzi Crystan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2003
Sold by
Aalseth Ronald A and Aalseth Susan
Bought by
Greeley Austin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
5.17%
Mortgage Type
New Conventional
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chromatic Llc $930,000 Pioneer Title Agency
Sherlock William J $479,000 Security Title Agency Inc
Lormac Llc -- --
Lorenzi Allen B $250,000 Fidelity Natl Title Agency
Greeley Austin -- Fidelity Natl Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lorenzi Allen B $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2024 06/27/24 Sold $1,000,000 0.0% --
06/05/2024 06/05/24 Pending -- -- --
06/02/2024 06/02/24 For Sale $1,000,000 -- --
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
2025 $2,037 $33,118 -- --
2024 $1,993 $32,394 -- --
2023 $2,095 $23,928 $3,150 $20,778
2022 $1,993 $16,921 $1,890 $15,031
2021 $2,080 $16,671 $0 $0
2020 $2,042 $17,278 $0 $0
2019 $1,949 $13,788 $0 $0
2018 $1,818 $11,563 $0 $0
2017 $1,845 $11,376 $0 $0
2016 $1,805 $11,920 $1,656 $10,264
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6713668

Arizona Regional Multiple Listing Service (ARMLS)

APN: 204-08-085