Seller's Agent in 2018
Sanjog Gopal
eXp Realty
(602) 770-6574
3 in this area
145 Total Sales
1338 E Cinnabar Ave Phoenix, AZ 85020
North Central NeighborhoodEstimated Value: $387,208 - $506,000
2
Beds
2
Baths
1,450
Sq Ft
$291/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- 1-minute walk to Sunnyslope Rock Garden
- Sunnyslope High School Rated A
- Heating Available
About This Home
As of November 2018Great income producing duplex on an oversized lot. Both tenants have a yard and outdoor storage. This remodeled Duplex features large units. This property generates total rents of $16,260. Expenses are $2,805 for the year and the net operating income is $13,455 per year. The duplex has always been tenanted and the seller has never had an issue getting the units rented.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $627
Year Built
- Built in 1980
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Concrete
- Ceramic Tile
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Over 1 Space Per Unit
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 159-30-023
Community Details
Overview
- 2 Units
- Building Dimensions are 60x150
- Mountain Home Tr Lots 1 4,15,16,25 32,34,36 40 Subdivision
Building Details
- Operating Expense $2,805
- Net Operating Income $13,455
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2018
Closed on
Nov 26, 2018
Sold by
Ramirez Michael
Bought by
Lee Mcdonough Ryan and Lee Mcdonough Paola
Seller's Agent
Sanjog Gopal
eXp Realty
Buyer's Agent
Kevin Downey
Coldwell Banker Realty
List Price
$210,000
Sold Price
$196,500
Premium/Discount to List
-$13,500
-6.43%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,052
Avg. Annual Appreciation
10.88%
Original Mortgage
$147,375
Outstanding Balance
$129,841
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$291,711
Purchase Details
Listed on
Jan 3, 2014
Closed on
Jun 9, 2014
Sold by
Kalaj Management Llc
Bought by
Ramirez Michael
Seller's Agent
Alex Kalaj
HomeSmart
Buyer's Agent
Sanjog Gopal
eXp Realty
List Price
$135,000
Sold Price
$109,000
Premium/Discount to List
-$26,000
-19.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.09%
Purchase Details
Closed on
Dec 14, 2010
Sold by
Gmac Mortgage Llc
Bought by
Kalaj Management Llc
Purchase Details
Closed on
Nov 30, 2010
Sold by
Holland James and Holland Paulette
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation
Purchase Details
Closed on
Oct 6, 2005
Sold by
Holland James and Holland Paulette
Bought by
Holland James and Holland Paulette
Purchase Details
Closed on
Mar 13, 2002
Sold by
Mosiak Oksana Kotula
Bought by
Holland James and Holland Paulette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.84%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Mcdonough Ryan | $196,500 | Equity Title Agency Inc | |
| Ramirez Michael | $109,000 | Driggs Title Agency Inc | |
| Kalaj Management Llc | $23,600 | Fidelity National Title | |
| Gmac Mortgage Llc | $41,600 | Accommodation | |
| Holland James | -- | -- | |
| Holland James | $80,000 | Capital Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Mcdonough Ryan | $147,375 | |
| Previous Owner | Holland James | $72,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/30/2018 11/30/18 | Sold | $196,500 | -1.3% | $136 / Sq Ft | |
| 10/20/2018 10/20/18 | Pending | -- | -- | -- | |
| 09/29/2018 09/29/18 | Price Changed | $199,000 | -2.7% | $137 / Sq Ft | |
| 09/21/2018 09/21/18 | Price Changed | $204,500 | -1.4% | $141 / Sq Ft | |
| 09/07/2018 09/07/18 | Price Changed | $207,500 | -0.7% | $143 / Sq Ft | |
| 08/31/2018 08/31/18 | Price Changed | $209,000 | -0.5% | $144 / Sq Ft | |
| 07/27/2018 07/27/18 | For Sale | $210,000 | +92.7% | $145 / Sq Ft | |
| 06/13/2014 06/13/14 | Sold | $109,000 | -19.3% | $75 / Sq Ft | View Prior Sale |
| 05/23/2014 05/23/14 | Pending | -- | -- | -- | |
| 01/03/2014 01/03/14 | For Sale | $135,000 | -- | $93 / 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 | $730 | $5,747 | -- | -- |
| 2024 | $690 | $5,473 | -- | -- |
| 2023 | $690 | $26,770 | $5,350 | $21,420 |
| 2022 | $668 | $18,850 | $3,770 | $15,080 |
| 2021 | $676 | $16,210 | $3,240 | $12,970 |
| 2020 | $659 | $14,430 | $2,880 | $11,550 |
| 2019 | $647 | $12,430 | $2,480 | $9,950 |
| 2018 | $630 | $10,500 | $2,100 | $8,400 |
| 2017 | $627 | $9,680 | $1,930 | $7,750 |
| 2016 | $616 | $8,780 | $1,750 | $7,030 |
| 2015 | $570 | $8,030 | $1,600 | $6,430 |
Source: Public Records
Agents Affiliated with this Home
-
Sanjog Gopal
-
Kevin Downey
Buyer's Agent in 2018
Kevin Downey
Coldwell Banker Realty
(602) 687-2485
26 Total Sales
-
A
Seller's Agent in 2014
Alex Kalaj
HomeSmart
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5798924
APN: 159-30-023
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.
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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