$560,000
SOLD FEB 12, 2025
-- Bed
-- Bath
-- Sq Ft
1960 Built

Recently Sold

34% Below List Price

50 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • 2-minute walk to Sunnyslope Rock Garden
  • Sunnyslope High School Rated A
  • Individual Controls for Heating

About This Home

As of February 2025

1329 E Cinnabar Ave offers a great investment opportunity nestled in the Sunnyslope Submarket. This multifamily property has five units across four buildings and all units have private backyards. The unit mix varies from one-, two-, and three- bedroom configurations. This property is bank owned, and 100% occupied.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 10/30/2024

Co-Listed By

Jake Vice

R.O.I. Properties License #SA697209000

Last Buyer's Agent

Reuben Nach

R.O.I. Properties License #SA687040000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,486

Year Built

  • Built in 1960

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Wood
  • Vinyl

Parking

  • 12 Parking Spaces
  • Carport
  • Over 1 Space Per Unit
  • On-Street Parking

Schools

  • Sunnyslope High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 159-30-042-C

Community Details

Overview

  • 4 Buildings
  • 5 Units
  • Building Dimensions are 156.98' by 166.10'
  • Mountain Home Tract Lots 17 Thru 24 41 Thru 48 Subdivision

Building Details

  • Operating Expense $2,486

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,486

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: N Cave Creek Rd & E Cinnabar Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2024
  • Road Surface Type: Dirt, Asphalt
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: MOUNTAIN HOME TRACT LOTS 17 THRU 24 41 THRU 48
  • Tax Parcel Letter: C
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Wood
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Painted
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: >1 Space Per Unit, On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS, SRP, Individual Meter, Solar
  • Cooling: Electric, Individual
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 156.98' by 166.10'
  • Additional Parcels: No
  • Parcel #: 159-30-042-C

Multi Family

  • Owner Pays: Other, See Remarks
  • Number Of Units Total: 5
  • Annual Operating Expense: 2486.0

Tax Info

  • Tax Annual Amount: 2486.0
  • Tax Book Number: 159.00
  • Tax Lot: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Dec 26, 2024
Sold by
Crown Investment Company
Bought by
Ten Street Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Reuben Nach
R.O.I. Properties
List Price
$850,000
Sold Price
$560,000
Premium/Discount to List
-$290,000
-34.12%
Views
14
Current Estimated Value
$549,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,565
Avg. Annual Appreciation
0.28%

Purchase Details

Closed on
Oct 16, 2024
Sold by
Lishko Andrew S
Bought by
Crown Investment Company

Purchase Details

Closed on
Oct 4, 2022
Sold by
Kirkland Charles
Bought by
Kirkland Charles and Kirkland-Lopez George

Purchase Details

Closed on
Mar 9, 2018
Sold by
Green Home Rentals Llc
Bought by
Green Home Rentals Llc

Purchase Details

Closed on
Mar 7, 2018
Sold by
Green Home Rentals Llc
Bought by
Green Home Rentals Llc

Purchase Details

Listed on
Mar 6, 2015
Closed on
Feb 13, 2015
Sold by
Property At Cinnabar Llc
Bought by
Green Home Rentals Llc
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
List Price
$209,000
Sold Price
$195,000
Premium/Discount to List
-$14,000
-6.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%

Purchase Details

Closed on
Jan 23, 2012
Sold by
Investors Financial Limited Partnership
Bought by
Jackson Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
3.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 18, 2009
Sold by
Investors Financial Limited Partnership
Bought by
Cinnabar Ranch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 25, 2004
Sold by
Erickson Pearson Loreen and Erickson Loreen
Bought by
Ju Sung Cheol and Ju Soo Hyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 31, 2001
Sold by
Smith Robert D
Bought by
Erickson Loreen
Source: Public Records

Similar Homes in the area

  • 609 E Royal Palm Square S, Phoenix, AZ 85020

    $459,777

    • 2 Beds
    • 2 Baths
    • 1,439 Sq Ft
    • 609 E Royal Palm Square S
    • Phoenix, AZ

    UNICORN ALERT! So rare, but they do exist! This fantastic patio home really clicks all the boxes! Tucked in the back of this superb neighborhood is this single level home with the Goldilocks sized backyard! Pull into the 2 car carport and you will see why this one is special. 2 good size bedrooms, 2 full baths, updated modern kitchen, plenty of natural light and it just feels open and inviting.

    Nicholas Yale Brokers Hub Realty, LLC

    Section Image
  • 1012 E Wagon Wheel Dr, Phoenix, AZ 85020

    $542,500

    • 2 Beds
    • 2 Baths
    • 1,903 Sq Ft
    • 1012 E Wagon Wheel Dr
    • Phoenix, AZ

    Welcome home! This charming single-level residence in Orangewood North features great curb appeal, manicured landscaping, and carport parking. Inside, enjoy vaulted ceilings, and sliding doors that open to a peaceful patio. The kitchen offers a tray ceiling, stainless steel appliances, ample cabinetry, and a spacious peninsula. The main suite includes a walk-in closet and private bath. The

    Dave Westbrook Real Broker

    Section Image
  • 6103 N 13th St, Phoenix, AZ 85014

    $440,000

    • 2 Beds
    • 2 Baths
    • 1,819 Sq Ft
    • 6103 N 13th St
    • Phoenix, AZ

    Come see the large open floorplan this 2 bed, 2 bath patio home boasts in the beautiful Villa De Las Rosas subdivision. Home features newer cabinetry and countertops throughout. Your new home Showcases a stunning mid-century modern fireplace that highlights the charm of its early 1970s build. One of only four units in the community with a private patio. Enjoy the convenience of a two-car garage,

    Eric Fox Keller Williams Realty Sonoran Living

    Section Image
  • 15020 N 40th St Unit 41, Phoenix, AZ 85032

    $435,000

    • 2 Beds
    • 2 Baths
    • 1,211 Sq Ft
    • 15020 N 40th St
    • Unit 41
    • Phoenix, AZ

    Welcome home to this quiet, cozy neighborhood that has all the charm you're looking for. MANY UPDATES to this spacious patio home boasting a large great room/dining room area with beehive fireplace, vaulted ceilings, NEW carpet, NEW interior paint throughout, NEW roof installed Jan 2025, Large kitchen with plenty of cabinet and counter space, eat-in breakfast nook, NEW blinds throughout, NEW

    Tammy Mlecko HomeSmart

    Section Image
  • 11416 N Century Ln, Scottsdale, AZ 85254

    $645,000

    • 2 Beds
    • 2 Baths
    • 1,719 Sq Ft
    • 11416 N Century Ln
    • Scottsdale, AZ

    Rare opportunity to own a townhome just steps from Orange Tree Golf Course in the coveted 85254 zip code! Set in a quiet corner of the community, this updated home offers low-maintenance living surrounded by multi-million-dollar properties. Enjoy vaulted ceilings, a spacious floor plan, gas fireplace, mature landscaping. Recent upgrades include: new HVAC, electrical panel, renovated bathrooms,

    Lauren Ratzken Two Brothers Realty & Co

    Section Image
  • 3221 N 37th St Unit 10, Phoenix, AZ 85018

    $499,900

    • 2 Beds
    • 2.5 Baths
    • 1,490 Sq Ft
    • 3221 N 37th St
    • Unit 10
    • Phoenix, AZ

    Welcome Home!! This beautiful patio home boasts everything you've been looking for. It has recently been updated and upgraded with no item being over looked from the floors, to the kitchen, and bathrooms. This property is an end unit with a community grass area right out side your front door. There is an en-suite bedroom down stairs and an en-suite bedroom upstairs with a guest powder room down

    Andrew Davis My Home Group Real Estate

    Section Image
  • 361 E Palm Ln, Phoenix, AZ 85004

    $595,000

    • 2 Beds
    • 2 Baths
    • 1,684 Sq Ft
    • 361 E Palm Ln
    • Phoenix, AZ

    Rare opportunity in a remarkable location! Tucked away in a quintessential community of only 14 patio homes adjacent to the sought-after Los Olivos & Alvarado neighborhoods; turning into this private drive feels like entering a secret garden. Enter through custom & secure iron front gate courtyard. Spacious single level 2 bedroom, 2 bath unit with large living room, an extra den/office, plus

    lisa brown HomeSmart

    Section Image
  • 4525 N 66th St Unit 95, Scottsdale, AZ 85251

    $650,000

    • 2 Beds
    • 2 Baths
    • 1,575 Sq Ft
    • 4525 N 66th St
    • Unit 95
    • Scottsdale, AZ

    Beautifully renovated lock and leave patio home in the best location at 66th Street and Camelback just steps to Scottsdale Fashion Square. This unit has an open floor plan with 10' high ceilings, a gorgeous custom kitchen with quartz counters and all new appliances including a bar with wine refrigerator for entertaining. Two generous sized bedrooms both with sliders to patios and two gorgeous

    Kelly Knapp HomeSmart

    Section Image
  • 4733 E Morning Vista Ln, Cave Creek, AZ 85331

    $475,000

    • 2 Beds
    • 2 Baths
    • 1,938 Sq Ft
    • 4733 E Morning Vista Ln
    • Cave Creek, AZ

    Charming Tatum Village. A very popular one of a kind community. Home is well maintained-carpet recently installed.-Heat pump installed 2 yrs ago. Home needs some updating but priced to reflect it. Murphy bed in guest room and built-in office in den. Gated community, home backs to wash, walking paths, pool and spa near, pickle ball/tennis courts. Approx. 28 acres of common area. Near

    Patty Richards HomeSmart

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 Type Sale Price Title Company
Special Warranty Deed $560,000 Landmark Title Assurance Agenc
Trustee Deed $580,110 None Listed On Document
Deed -- None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- None Available
Special Warranty Deed $195,000 Chicago Title Agency Inc
Warranty Deed $151,000 Chicago Title Agency Inc
Special Warranty Deed $160,000 Security Title Agency
Special Warranty Deed $330,000 Capital Title Agency Inc
Warranty Deed $50,000 Capital Title Agency
Warranty Deed $120,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $149,500 Seller Take Back
Previous Owner $160,000 Seller Take Back
Previous Owner $285,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Sold $560,000 -34.1% --
12/19/2024 12/19/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $850,000 +335.9% --
03/05/2015 03/05/15 Sold $195,000 -6.7% --
03/05/2015 03/05/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $209,000 -- --
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 $2,486 $20,330 -- --
2024 $2,441 $19,362 -- --
2023 $2,441 $48,220 $9,640 $38,580
2022 $2,362 $32,950 $6,590 $26,360
2021 $2,392 $27,750 $5,550 $22,200
2020 $2,332 $24,470 $4,890 $19,580
2019 $2,290 $21,070 $4,210 $16,860
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6779502

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-30-042C