NOT LISTED FOR SALE

Estimated Value: $402,971

Studio
-- Bath
2,000 Sq Ft
$201/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $395,000 $198 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,260/month

6 Days on Market

Highlights

  • Community Kitchen
  • Concrete Flooring
  • Heating Available
  • Sunnyslope High School Rated A

About This Home

As of February 2024

1131 E Cinnabar, ideally suited for industrial or automotive users, features a newly renovated office complete with a new AC unit, spacious warehouse/workspace, and a secure fenced yard. Conveniently situated just off the busy Cave Creek Road in Phoenix, AZ, this property ensures easy access to the entire valley through the close proximity of I-17 and SR-51.

Last Agent to Sell the Property

Reuben Nach

R.O.I. Properties License #SA687040000 Listed on: 03/04/2024

Last Buyer's Agent

Martha Navarro

HomeSmart License #BR523587000

HomeSmart

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,015

Year Built

  • Built in 1976

Lot Details

  • 6,405 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned C-3

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Concrete Flooring

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Paved Parking
  • Fenced Parking

Utilities

  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 159-39-039-E

Community Details

Overview

  • 2 Buildings
  • Workman Place Subdivision

Amenities

  • Community Kitchen

Property Details

Property Type

Other

Est. Annual Taxes

$2,015

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Cross Street: Cave Creek Rd and 12th St
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Bay Info Bay Door Height: 12.0
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1976
  • Tax Year: 2023
  • Lot Size Acres: 0.15
  • Subdivision Name: WORKMAN PLACE
  • Structure Type: Other (See Remarks), Commercial, Industrial, Office, Distribution/Warehse
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Concrete
  • Living Area: 2000.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: Other (See Remarks)
  • Construction Type: Frame - Wood, Metal Siding
  • Roof: Metal
  • Construction:Metal: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Fenced
  • 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:Paved Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: Over 220 Amp, City Electric
  • Cooling: Office A/C
  • Heating: Electric
  • Green Building Features: Kitchen
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Lot Size Sq Ft: 6405.0
  • Parcel #: 159-39-039-E
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2015.0
  • Tax Book Number: 159.00
  • Tax Lot: 1
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Feb 28, 2024
Sold by
918 Holdings Llc
Bought by
Vazquez Victorino Hernandez and Camargo Maria Cruz
Seller's Agent
Reuben Nach
R.O.I. Properties
Buyer's Agent
Martha Navarro
HomeSmart
List Price
$395,000
Sold Price
$395,000
Current Estimated Value
$402,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,971
Avg. Annual Appreciation
1.05%

Purchase Details

Closed on
Jun 21, 2019
Sold by
Mijo Investments Llc
Bought by
918 Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 11, 2017
Closed on
Aug 22, 2017
Sold by
Marji Mahir T and Marji Manal
Bought by
Mijo Investments Llc
Seller's Agent
Tucker Geer
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$170,000
Sold Price
$156,000
Premium/Discount to List
-$14,000
-8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%

Purchase Details

Closed on
May 13, 2015
Sold by
Ronald L Powers Llc
Bought by
Marji Mahir T

Purchase Details

Closed on
Oct 2, 2000
Sold by
Peters Robert L and Peters Madelene
Bought by
Ronald L Powers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8.01%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Vazquez Victorino Hernandez $395,000 Equitable Title
918 Holdings Llc $165,000 Wfg National Title Ins Co
Mijo Investments Llc $156,000 Chicago Title Agency Inc
Marji Mahir T $100,000 Great Amer Title Agency Inc
Ronald L Powers Llc $129,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 918 Holdings Llc $124,800
Previous Owner Ronald L Powers Llc $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold $395,000 0.0% $198 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $395,000 +153.2% $198 / Sq Ft
08/25/2017 08/25/17 Sold $156,000 0.0% $78 / Sq Ft View Prior Sale
08/25/2017 08/25/17 Sold $156,000 -8.2% $78 / Sq Ft View Prior Sale
08/25/2017 08/25/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $170,000 0.0% $85 / Sq Ft
06/24/2017 06/24/17 Price Changed $170,000 -10.1% $85 / Sq Ft
06/08/2017 06/08/17 For Sale $189,000 -- $95 / Sq Ft
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 $2,007 $15,790 -- --
2024 $2,015 $15,508 -- --
2023 $2,015 $22,015 $9,962 $12,053
2022 $2,006 $21,088 $8,750 $12,338
2021 $2,090 $23,238 $9,000 $14,238
2020 $2,038 $21,906 $9,504 $12,402
2019 $2,001 $18,540 $8,568 $9,972
2018 $1,948 $19,728 $7,596 $12,132
2017 $1,938 $17,640 $7,308 $10,332
2016 $1,903 $14,544 $7,236 $7,308
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6658264

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-39-039E