NOT LISTED FOR SALE

573 W Coolidge Ave Coolidge, AZ 85128

Estimated Value: $219,000 - $852,000

-- Bed
8 Baths
550 Sq Ft
$1,159/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $75,000 $136 Per Sq Ft

Est. 750% increase in value since last sale

Current estimated payment $3,524/month

81 Days on Market

Highlights

  • Evaporated cooling system
  • Concrete Flooring
  • Heating Available

About This Home

As of October 2018

Eight units located in Coolidge AZ, Four units are currently rented, four units need complete remodeling prior to being rented. Income is over 2,200.00 per month, on the units that are rented. This is a great location for a investor rental unit. The four empty units are just shells, block walls, and studs, no roof on this section of building. New electrical, new plumbing, new roof, all new sheet rock. Check with City of Coolidge, Developmental services, prior to making offer. This is a money maker with some work, long time location. Owner pays water/ sewer & Trash. Each building has two electrical meters, split between two of the units.

Last Agent to Sell the Property

Kenneth Bolan

RE/MAX A Bar Z Realty License #SA571846000 Listed on: 07/31/2018

RE/MAX A Bar Z Realty

Last Buyer's Agent

Kenneth Bolan

RE/MAX A Bar Z Realty License #SA571846000 Listed on: 07/31/2018

RE/MAX A Bar Z Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,302

Year Built

  • Built in 1964

Lot Details

  • 0.32

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • West Elementary School
  • Coolidge Jr High Middle School
  • Coolidge High School

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 13 / 1
  • Assessor Parcel Number 204-11-007

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Building Dimensions are 100 x 140
  • Allen Addition Subdivision

Building Details

  • Operating Expense $2,742

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,302

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: Arizona Blvd (Hwy 87/287) & Coolidge Ave
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: multi family
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1964
  • Tax Year: 2017
  • Directions: West on Coolidge Ave to property on the left, next to the Shaw's building.
  • Road Surface Type: Asphalt
  • Subdivision Name: ALLEN ADDITION
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: None, BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:None38: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: Other (See Remarks), APS
  • Cooling: Evaporative Cooling, Window/Wall Unit
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 840.0
  • Annual Water Sewer Expense: 600.0

Schools

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

Lot Info

  • Lot Size: 100 x 140
  • Additional Parcels: No
  • Parcel #: 204-11-007

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 8
  • Annual Operating Expense: 2741.98
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1301.98
  • Tax Block: 1
  • Tax Book Number: 204.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
Shepcon Llc
Bought by
Crsc Re & Dential Inc
Current Estimated Value
$637,692

Purchase Details

Closed on
Mar 5, 2019
Sold by
Shepherd Colby and Shepherd Wendy
Bought by
Shepcon Llc

Purchase Details

Listed on
Jul 31, 2018
Closed on
Oct 18, 2018
Sold by
Barash Raghdan
Bought by
Shepherd Colby and Shepherd Wendy
Seller's Agent
Kenneth Bolan
RE/MAX A Bar Z Realty
Buyer's Agent
Kenneth Bolan
RE/MAX A Bar Z Realty
List Price
$149,900
Sold Price
$75,000
Premium/Discount to List
-$74,900
-49.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.07%

Purchase Details

Closed on
Jun 13, 2018
Sold by
Drb Properties Inc
Bought by
Barash Raghdan

Purchase Details

Closed on
Aug 5, 2003
Sold by
Fonville Roy C and Fonville Sheila K
Bought by
Drb Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 4, 1999
Sold by
Brown Kenneth A and Brown Jane M
Bought by
Fonville Roy C and Fonville Sheila K
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
Crsc Re & Dential Inc $775,000 Stewart Ttl & Tr Of Phoenix
Shepcon Llc -- Accommodation
Shepherd Colby $75,000 First American Title Insuran
Barash Raghdan $50,000 North American Title Company
Drb Properties Inc $180,000 Fidelity Natl Title Agency
Fonville Roy C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drb Properties Inc $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $75,000 -24.9% $136 / Sq Ft
10/17/2018 10/17/18 Price Changed $99,900 -33.4% $182 / Sq Ft
07/31/2018 07/31/18 For Sale $149,900 -- $273 / 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 $1,720 $26,491 -- --
2024 $1,684 $26,089 -- --
2023 $1,770 $21,998 $0 $0
2022 $1,684 $16,182 $1,958 $14,224
2021 $1,158 $10,950 $0 $0
2020 $1,290 $8,093 $0 $0
2019 $1,291 $8,094 $0 $0
2018 $1,264 $8,094 $0 $0
2017 $1,302 $8,094 $0 $0
2016 $1,196 $8,094 $1,305 $6,789
2014 $1,100 $7,186 $900 $6,286
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Bolan

    Seller's Agent in 2018

    Kenneth Bolan

    RE/MAX

    (520) 705-8700

    116 in this area

    196 Total Sales

    Kenneth Bolan
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5800440

Arizona Regional Multiple Listing Service (ARMLS)

APN: 204-11-007

Arizona Pinal County Coolidge 85128

573 W Coolidge Ave, Coolidge, AZ

This home is located at 573 W Coolidge Ave, Coolidge, AZ 85128 since 31 July 2018 and is currently estimated at $637,692, approximately $1,159 per square foot. This property was built in 1964. 573 W Coolidge Ave is a home located in Pinal County with nearby schools including West Elementary School, Coolidge Jr. High School, and Coolidge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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