D
Seller's Agent in 2016
Dave Chilelli
HomeSmart
(602) 859-6000
4 Total Sales
1416 E Cinnabar Ave Phoenix, AZ 85020
North Central NeighborhoodEstimated Value: $710,000 - $1,286,291
Studio
--
Bath
2,028
Sq Ft
$541/Sq Ft
Est. Value
Highlights
- Cooling Available
- Heating Available
- 4-minute walk to Sunnyslope Rock Garden
- Sunnyslope High School Rated A
About This Home
As of July 2016Great opportunity to purchase an all single level 12 unit complex, all 2 bedrooms with 1 bath (6 of the units have a small 2nd bedroom, each unit also has a private fenced back yard. Each unit has been gone through in the last 3 years including cabinets, counters, appliances, most a/c units, electrical upgrade, main water line upgrade, roofing upgrades. This is a 100% occupied 12 plex and great investment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,842
Year Built
- Built in 1959
Lot Details
- 0.85
Home Design
- Block Exterior
Parking
- 24 Open Parking Spaces
- 24 Parking Spaces
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Tax Lot 20
- Assessor Parcel Number 159-29-008-B
Community Details
Overview
- 4 Buildings
- 12 Units
- Building Dimensions are UNK
- Mountain Home Tr Lots 1 4,15,16,25 32,34,36 40 Subdivision
Building Details
- Operating Expense $1,842
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2016
Closed on
Jun 9, 2016
Sold by
Corax Investments Llc
Bought by
Shuki Xxx Llc
Seller's Agent
Dave Chilelli
HomeSmart
Buyer's Agent
Andrew Tate
Keller Williams Arizona Realty
List Price
$675,000
Sold Price
$642,500
Premium/Discount to List
-$32,500
-4.81%
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
$454,823
Avg. Annual Appreciation
5.82%
Purchase Details
Listed on
Dec 18, 2012
Closed on
Apr 29, 2013
Sold by
Centralphoenix Investment Llc
Bought by
Corax Investment Llc
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Dave Chilelli
HomeSmart
List Price
$479,000
Sold Price
$439,000
Premium/Discount to List
-$40,000
-8.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.43%
Original Mortgage
$329,250
Interest Rate
3.51%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 29, 2012
Sold by
Wasta Llc
Bought by
Central Phoenix Investments Llc
Purchase Details
Closed on
Mar 27, 2012
Sold by
Terrys Real Estate Investments Llc
Bought by
Wasta Llc
Purchase Details
Closed on
Mar 20, 2012
Sold by
Desert Properties
Bought by
Phx Housing Llc
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shuki Xxx Llc | $638,500 | Security Title Agency Inc | |
| Corax Investment Llc | $439,000 | Chicago Title Agency Inc | |
| Central Phoenix Investments Llc | -- | None Available | |
| Wasta Llc | $159,000 | Pioneer Title Agency Inc | |
| Terrys Real Estate Investments Llc | $144,000 | Pioneer Title Agency Inc | |
| Phx Housing Llc | $115,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Corax Investment Llc | $329,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/31/2016 07/31/16 | Sold | $642,500 | -4.8% | $317 / Sq Ft | |
| 06/03/2016 06/03/16 | Pending | -- | -- | -- | |
| 05/23/2016 05/23/16 | For Sale | $675,000 | 0.0% | $333 / Sq Ft | |
| 01/01/2014 01/01/14 | Rented | $499 | 0.0% | -- | |
| 12/30/2013 12/30/13 | Under Contract | -- | -- | -- | |
| 12/18/2013 12/18/13 | For Rent | $499 | 0.0% | -- | |
| 05/02/2013 05/02/13 | Sold | $439,000 | -8.4% | $216 / Sq Ft | View Prior Sale |
| 03/20/2013 03/20/13 | Pending | -- | -- | -- | |
| 12/18/2012 12/18/12 | For Sale | $479,000 | -- | $236 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,359 | $18,561 | -- | -- |
| 2024 | $2,229 | $17,678 | -- | -- |
| 2023 | $2,229 | $93,410 | $18,680 | $74,730 |
| 2022 | $2,156 | $65,780 | $13,150 | $52,630 |
| 2021 | $2,184 | $56,770 | $11,350 | $45,420 |
| 2020 | $2,129 | $50,500 | $10,100 | $40,400 |
| 2019 | $2,091 | $43,850 | $8,770 | $35,080 |
| 2018 | $2,036 | $32,780 | $6,550 | $26,230 |
| 2017 | $2,026 | $32,550 | $6,510 | $26,040 |
| 2016 | $1,989 | $31,450 | $6,290 | $25,160 |
Source: Public Records
Agents Affiliated with this Home
-
Dave Chilelli
-
Andrew Tate
Buyer's Agent in 2016
Andrew Tate
Keller Williams Arizona Realty
(480) 203-7498
8 Total Sales
-
D
Seller's Agent in 2014
Deanna Mozak
Mozak Management Services LLC
-
B
Seller Co-Listing Agent in 2014
Bob Cripe
Realty Executives
-
Terry Kass
Seller's Agent in 2013
Terry Kass
Coldwell Banker Commercial Realty
(602) 330-2525
21 Total Sales
-
J
Seller Co-Listing Agent in 2013
Jon Dzwonkoski
Red Brick Realty, LLC
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5447042
APN: 159-29-008B
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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