129 E Dewey Ave · Coolidge, AZ 85128

$219,999

3 bd · 2.0 ba · 1,012 sqft · SingleFamily public records · 72 Days on market

Built 2019 4,401 sqft lot $217/sqft · 9% below area Est $242k · 9% under $58/mo HOA · 3% of rent

---

Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +12.3/30.0
• ARV discount +11.7/15.0
• DSCR +3.7/10.0
• Livability +2.9/5.0
• 1% rule +2.7/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to a home that's been truly loved and thoughtfully maintained. This 3-bedroom, 2-bath residence offers a comfortable and functional layout with an open living area that invites connection and everyday ease. The kitchen features beautiful countertops and flows seamlessly into the main living space, making it ideal for both daily living and entertaining. Step outside to a fully finished backyard designed for enjoyment and flexibility. A standout feature is the detached shed complete with power and its own window unit, perfect for a workspace, hobby room, or additional storage. The one-car garage is finished with coated flooring, adding both durability and a polished look. Energy-conscious buyers will appreciate the leased solar system, offering potential utility savings.

Key facts

• Coated flooring
• Leased solar system
• Granite countertops

Tags

• GRANITE COUNTERTOPS
• FULLY FINISHED BACKYARD
• DETACHED SHED
• COATED FLOORING
• LEASED SOLAR SYSTEM

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $220k.

Deal economics

• At list price, monthly cash flow is $-39 ($-471/yr) — negative.
• To cash-flow at today's rent, offer at most $213k (3.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $170k (22.8% below list).
• Recommended offer: $170k (22.8% below list) — sets the bar for 1% rule.
• Cap rate 6.1% vs local median 4.5% in Coolidge — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 57/100 on livability (#235 in AZ) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D, schools F, amenities F.
• Coolidge Unified District (4442) (town): math 8% / reading 14% proficiency, ranked #229 of 249 in AZ (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 260 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; 9,504 units permitted in Pinal County in 2024 (776 in 5+ unit buildings).
• This rent runs 31% of the median local income ($65k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 72 days — a 6% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 7y ago; this cycle's ask has dropped $15k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $133k; list at $220k implies a 65% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $169,789 (22.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 72 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.77% ✗
• Cap rate: 6.08%
• Cash-on-cash: -0.76%
• DSCR: 0.97
• GRM: 10.8

CMA / ARV

• ARV (median comp): $242,434
• List price: $219,999
• Delta: -9.25%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
190 E Douglas Ave	0.08mi	3/2.0	1,013 (+0%)	6mo	$208,000	$205	92
184 E Douglas Ave	0.07mi	3/2.0	1,013 (+0%)	15mo	$235,000	$232	84
240 W Taylor Ave	0.26mi	3/2.5	1,013 (+0%)	6mo	$220,000	$217	81
138 E Patton Ave	0.07mi	3/2.0	1,013 (+0%)	20mo	$244,200	$241	80
165 W Taylor Ave	0.18mi	3/2.0	1,013 (+0%)	16mo	$254,000	$251	78
281 W Douglas Ave	0.29mi	3/2.0	1,013 (+0%)	14mo	$250,000	$247	75
543 W Sunset Ave	0.66mi	2/1.0 (-1)	946 (-6%)	9mo	$165,000	$174	42
1521 S 4th St	0.46mi	2/1.0 (-1)	897 (-11%)	24mo	$211,000	$235	31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.97% rent growth · sell at horizon

5-year hold

• IRR: -19.7%
• Equity multiple: 0.32×
• Total profit: $-41,607
• Equity at exit: $32,803

10-year hold

• IRR: -17.0%
• Equity multiple: 0.14×
• Total profit: $-53,084
• Equity at exit: $19,021

Cash invested: $61,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Arizona: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

5-day pay-or-quit; AZ courts known for speed; no state rent control; cities preempted by state law.

Methodology + full state rankings →

ZIP-level market 85128

• Home prices YoY: -7.9%
• Rents YoY: 1.0%
• Active inventory: 260
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $1,698 high
• Mortgage (P&I): −$1,154
• Tax from tax record: −$77 /mo · $926/yr
• Insurance: −$92
• HOA: −$58
• Vacancy / Maint / Mgmt: −$357
• Net cashflow: $-39

Break-even live

Break-even rent $1,748

Max offer price $213,070

Occupancy floor 97%

Sensitivity live

Price	-10% $85	-5% $23	+0% $-39	+5% $-101	+10% $-164
Rent	-10% $-173	-5% $-106	+0% $-39	+5% $28	+10% $95
Rate	-1.0pp $72	-0.5pp $17	base $-39	+0.5pp $-96	+1.0pp $-154

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $55,000
• Closing costs: $6,600
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1660 S Wooten St Coolidge, AZ	3.0	2.5	1385	$1,500	$1.08	5d	1	0.04mi
131 E Patton Ave Coolidge, AZ	4.0	2.0	1221	$2,200	$1.80	44d	1	0.11mi
227 W Douglas Ave Coolidge, AZ	3.0	2.0	1202	$1,595	$1.33	44d	1	0.20mi
342 W Taylor Ave Coolidge, AZ	3.0	1.5	1008	$1,500	$1.49	44d	1	0.37mi
350 W Spruell Ave Coolidge, AZ	1.0–2.0	1.0–2.0	771	$1,095	$1.42	1d	1	0.42mi
440 W Taylor Ave Coolidge, AZ	2.0	1.0	992	$1,250	$1.26	15d	1	0.47mi
232 W Elm Ave Unit B Coolidge, AZ	4.0	2.5	1452	$1,350	$0.93	44d	1	0.70mi
393 W Seagoe Ave Unit B Coolidge, AZ	3.0	2.0	1030	$1,250	$1.21	44d	1	0.80mi
144 W Lincoln Ave Coolidge, AZ	3.0	2.0	1125	$1,299	$1.15	4d	1	0.82mi
447 W Seagoe Ave Unit A Coolidge, AZ	2.0	1.5	752	$1,000	$1.33	25d	1	0.83mi
392 E Dirkley Ave Coolidge, AZ	4.0	2.5	1440	$1,700	$1.18	44d	1	0.97mi
313 E Central Ave Coolidge, AZ	2.0	2.0	1393	$1,200	$0.86	44d	1	1.11mi

HOA detail

• Monthly dues: $58 · $696/yr

Listing history 28 events

1. 2026-06-18
   days on market $219,999 Active 72 DOM
2. 2026-06-17
   days on market $219,999 Active 71 DOM
3. 2026-06-16
   days on market $219,999 Active 70 DOM
4. 2026-06-15
   days on market $219,999 Active 69 DOM
5. 2026-06-13
   days on market $219,999 Active 67 DOM
6. 2026-06-13
   days on market $219,999 Active 66 DOM
7. 2026-06-09
   days on market $219,999 Active 63 DOM
8. 2026-06-08
   days on market $219,999 Active 62 DOM
9. 2026-06-07
   days on market $219,999 Active 61 DOM
10. 2026-06-04
    days on market $219,999 Active 58 DOM
11. 2026-06-03
    statusdays on market $219,999 Active 57 DOM
12. 2026-06-01
    status $219,999 Pending 56 DOM
13. 2026-05-31
    days on market $219,999 Active 56 DOM
14. 2026-05-05
    price $224,999 788-char remark

    Show marketing remark (788 chars)

    Welcome to a home that's been truly loved and thoughtfully maintained. This 3-bedroom, 2-bath residence offers a comfortable and functional layout with an open living area that invites connection and everyday ease. The kitchen features beautiful countertops and flows seamlessly into the main living space, making it ideal for both daily living and entertaining. Step outside to a fully finished backyard designed for enjoyment and flexibility. A standout feature is the detached shed complete with power and its own window unit, perfect for a workspace, hobby room, or additional storage. The one-car garage is finished with coated flooring, adding both durability and a polished look. Energy-conscious buyers will appreciate the leased solar system, offering potential utility savings.

15. 2026-04-30
    price $227,500 788-char remark

    Show marketing remark (788 chars)

    Welcome to a home that's been truly loved and thoughtfully maintained. This 3-bedroom, 2-bath residence offers a comfortable and functional layout with an open living area that invites connection and everyday ease. The kitchen features beautiful countertops and flows seamlessly into the main living space, making it ideal for both daily living and entertaining. Step outside to a fully finished backyard designed for enjoyment and flexibility. A standout feature is the detached shed complete with power and its own window unit, perfect for a workspace, hobby room, or additional storage. The one-car garage is finished with coated flooring, adding both durability and a polished look. Energy-conscious buyers will appreciate the leased solar system, offering potential utility savings.

16. 2026-04-20
    price $229,999 788-char remark

    Show marketing remark (788 chars)

    Welcome to a home that's been truly loved and thoughtfully maintained. This 3-bedroom, 2-bath residence offers a comfortable and functional layout with an open living area that invites connection and everyday ease. The kitchen features beautiful countertops and flows seamlessly into the main living space, making it ideal for both daily living and entertaining. Step outside to a fully finished backyard designed for enjoyment and flexibility. A standout feature is the detached shed complete with power and its own window unit, perfect for a workspace, hobby room, or additional storage. The one-car garage is finished with coated flooring, adding both durability and a polished look. Energy-conscious buyers will appreciate the leased solar system, offering potential utility savings.

17. 2026-04-15
    price $234,000 788-char remark

    Show marketing remark (788 chars)

    Welcome to a home that's been truly loved and thoughtfully maintained. This 3-bedroom, 2-bath residence offers a comfortable and functional layout with an open living area that invites connection and everyday ease. The kitchen features beautiful countertops and flows seamlessly into the main living space, making it ideal for both daily living and entertaining. Step outside to a fully finished backyard designed for enjoyment and flexibility. A standout feature is the detached shed complete with power and its own window unit, perfect for a workspace, hobby room, or additional storage. The one-car garage is finished with coated flooring, adding both durability and a polished look. Energy-conscious buyers will appreciate the leased solar system, offering potential utility savings.

18. 2026-03-31
    listed $235,000 Active 788-char remark

    Show marketing remark (788 chars)

    Welcome to a home that's been truly loved and thoughtfully maintained. This 3-bedroom, 2-bath residence offers a comfortable and functional layout with an open living area that invites connection and everyday ease. The kitchen features beautiful countertops and flows seamlessly into the main living space, making it ideal for both daily living and entertaining. Step outside to a fully finished backyard designed for enjoyment and flexibility. A standout feature is the detached shed complete with power and its own window unit, perfect for a workspace, hobby room, or additional storage. The one-car garage is finished with coated flooring, adding both durability and a polished look. Energy-conscious buyers will appreciate the leased solar system, offering potential utility savings.

19. 2020-05-11
    soldstatus $132,990 Closed 231-char remark

    Show marketing remark (231 chars)

    1001-A NEW single-story garage home! The home features an open great room and kitchen. Additionally, there is an owner's suite with private bath, 2 more bedrooms and another full bath. Haggle free pricing. No negotiation necessary.

20. 2020-03-11
    status Pending 231-char remark

    Show marketing remark (231 chars)

    1001-A NEW single-story garage home! The home features an open great room and kitchen. Additionally, there is an owner's suite with private bath, 2 more bedrooms and another full bath. Haggle free pricing. No negotiation necessary.

21. 2019-12-19
    price $134,990 231-char remark

    Show marketing remark (231 chars)

    1001-A NEW single-story garage home! The home features an open great room and kitchen. Additionally, there is an owner's suite with private bath, 2 more bedrooms and another full bath. Haggle free pricing. No negotiation necessary.

22. 2019-12-01
    listed $132,990 Active 231-char remark

    Show marketing remark (231 chars)

    1001-A NEW single-story garage home! The home features an open great room and kitchen. Additionally, there is an owner's suite with private bath, 2 more bedrooms and another full bath. Haggle free pricing. No negotiation necessary.

23. 2019-03-27
    soldstatus $1,999,999
24. 2019-03-26
    soldstatus $1,999,999
25. 2018-10-18
    soldstatus $2,195,000
26. 2013-01-30
    soldstatus $2,000,000
27. 2011-06-08
    soldstatus $250,000
28. 2007-10-31
    soldstatus $1,090,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast AZ · Resets to sale price

• Current annual tax: $926 · $77/mo
• Projected year-2 tax: $1,452 · $121/mo
• Expected delta: +$526/yr (+$44/mo · 56.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥113°F today · 20 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,375
• − Mortgage interest: −$12,323
• − Property taxes: −$926
• − Insurance: −$1,100
• − Repairs & maintenance: −$1,630
• − Management: −$1,630
• − HOA: −$696
• − Depreciation: −$6,400
• Taxable loss: −$4,331
• Est. tax savings @ 24.0%: +$1,039
• After-tax cash flow: $569/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Coolidge Unified District (4442)
• NCES district ID: 0402320
• Math proficiency: 8% ▼ -6.00%
• Reading proficiency: 14% ▼ -2.00%
• Median HH income: $49,182
• Composite: 10.35/100
• National rank: #9787
• State rank: #229 of 249 in AZ

Livability — Coolidge

• Score: 57/100
• State rank: #235
• US rank: #22344

Category grades

Amenities F Commute F Cost of living A+ Crime C+ Employment D Housing A+ Health & safety F User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Coolidge, AZ
• County: Pinal County · 399,947 people
• City population: 19,487
• Metro: Phoenix-Mesa-Chandler, AZ
• Population (ZIP): 19,487
• Household income: $65,477
• Rent vs Own: 26.0% rent · 74.0% own
• Severe rent burden: 264.0

Population outlook (Pinal County) Hauer SSP2

• Today (2025): 437,574 people
• By 2030: 446,903 · +2.1%
• By 2040: 452,589 · +3.4%
• By 2050: 444,126 · +1.5%
• By 2075: 430,300 · -1.7%
• By 2100: 393,536 · -10.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Hispanic / Latino 52% White 29% Two or more races 22% Native American 17% Black 4%
• Hispanic origin (detail): Mexican 49%
• Common ancestry: Lithuanian 1% Portuguese 1% Serbian 1%
• Foreign-born: 9% · Canada
• Languages at home: 71% English-only · Spanish 25% Other Indo-European 1%

Political lean MEDSL · Pinal

• 2024 margin: Strong R (+22.1) · D 38.5% · R 60.6%
• 2008→2024 swing: -7.6pp toward R · 2008: -14.5pp · 2024: -22.1pp
• All cycles: 2024: R+22.1 2020: R+17.3 2016: R+19.3 2012: R+17.1 2008: R+14.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -23.95%
• Current HPI: 280.3422
• Rent YoY: ▲ 0.97%
• Metro: Phoenix-Mesa-Chandler, AZ
• State GDP YoY: ▲ 4.54%
• F500 in state: 20

Industry mix (Fortune 500 HQ in AZ)

Industry	F500 HQs	Revenue
▸Technology	2	$13B
▸Mining / Metals	1	$23B
▸Environmental Services	1	$16B
▸Metals / Steel	1	$14B
▸Technology Distribution	1	$9B
▸Homebuilding	1	$8B

Price history

-79.4% since first listed

15 events — show timeline

• 2026-05-05 Price Changed $224,999 ARMLS
• 2026-04-30 Price Changed $227,500 ARMLS
• 2026-04-20 Price Changed $229,999 ARMLS
• 2026-04-15 Price Changed $234,000 ARMLS
• 2026-03-31 Listed $235,000 ARMLS
• 2020-05-11 Sold (MLS) $132,990 ARMLS
• 2020-03-11 Pending — ARMLS
• 2019-12-19 Price Changed $134,990 ARMLS
• 2019-12-01 Listed $132,990 ARMLS
• 2019-03-27 Sold (Public Records) $1,999,999 Public Records
• 2019-03-26 Sold (Public Records) $1,999,999 Public Records
• 2018-10-18 Sold (Public Records) $2,195,000 Public Records
• 2013-01-30 Sold (Public Records) $2,000,000 Public Records
• 2011-06-08 Sold (Public Records) $250,000 Public Records
• 2007-10-31 Sold (Public Records) $1,090,500 Public Records

Property tax history

+29.8%/yr

Latest (2025): $926 · +5.3% YoY. Source: county tax records.