NOT LISTED FOR SALE

1436 E Cinnabar Ave Phoenix, AZ 85020

North Central Neighborhood

Estimated Value: $599,909 - $819,000

-- Bed
1 Bath
800 Sq Ft
$941/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $537,500 $672 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,026/month

75 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Sunnyslope High School Rated A
  • Ceiling Fan
  • 4-minute walk to Sunnyslope Rock Garden

About This Home

As of September 2020

Custom 4 Plex! New 30 year roof installed end of 2018. Front 2 units are stacked. Unit A is 2BD2BA 1100 SQFT inside laundry with additional outside storage. Unit B Is 2bd2Bath with 2 car Garage Laundry in garage. C and D are 650 SQFT each. Both have new hot water heaters, Air conditioners, shaker cabinets with whisper close hinges and granite counters. Unit C has updated herringbone tile floors, Fresh paint and new back sliding door. Outside attached laundry room covered parking and additional storage room. Unit D has new stainless steel appliances and a beautiful master walk in shower. Unit D has covered parking and additional outdoor storage. Long term tenants. Fantastic central location close to the freeway.

Last Agent to Sell the Property

Katie Hansen

My Home Group Real Estate License #SA685150000 Listed on: 05/04/2020

My Home Group Real Estate

Last Buyer's Agent

Heather Oldham

HomeSmart License #SA670609000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $927

Year Built

  • Built in 1998

Lot Details

  • 7,884

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • On-Street Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 22
  • Assessor Parcel Number 159-29-011-D

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 63x125
  • Mountain Home Tr Lots 1 4,15,16,25 32,34,36 40 Subdivision

Building Details

  • Operating Expense $3,127
  • Gross Income $44,300
  • Net Operating Income $25,336

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$927

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Cross Street: Cave Creek & Dunlap
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1998
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Subdivision Name: MOUNTAIN HOME TR LOTS 1-4,15,16,25-32,34,36-40
  • Garage Yn: Yes
  • Tax Parcel Letter: D
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Add'l Parking Avail, 1 Space/Unit, Street Parking, Common
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Garage Details: Yes
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Electric, Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Trash Expense: 700.0
  • Annual Water Sewer Expense: 1500.0

Schools

  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: 63x125
  • Additional Parcels: No
  • Parcel #: 159-29-011-D

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 44300.0
  • Property Net Operating Income: 25335.84
  • Annual Operating Expense: 3127.0

Tax Info

  • Tax Annual Amount: 927.0
  • Tax Book Number: 159.00
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Aug 13, 2020
Sold by
Justin Hansen
Bought by
Brian Traicoff and Shelby Traicoff Shelby
Seller's Agent
Katie Hansen
My Home Group Real Estate
Buyer's Agent
Heather Oldham
HomeSmart
List Price
$550,000
Sold Price
$537,500
Premium/Discount to List
-$12,500
-2.27%
Current Estimated Value
$752,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,227
Avg. Annual Appreciation
6.76%
Original Mortgage
$602,485
Outstanding Balance
$534,447
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$218,280

Purchase Details

Listed on
Apr 24, 2017
Closed on
May 24, 2017
Sold by
Arkad Investments Llc
Bought by
Hansen Justin
Seller's Agent
Dave Israel
Arizona Excellence Realty
Buyer's Agent
Jhante Lopez
My Home Group Real Estate
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.31%
Original Mortgage
$260,200
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2013
Sold by
Mcfford Dylan J
Bought by
Arkad Investments Llc

Purchase Details

Listed on
Jan 27, 2012
Closed on
Oct 16, 2012
Sold by
Hall Dennis
Bought by
Hall Dennis and Hall Hong Ling Holly
Seller's Agent
Richard Liao
Geneva Real Estate and Investments
Buyer's Agent
Dave Israel
Arizona Excellence Realty
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.78%
Original Mortgage
$105,000
Interest Rate
3.52%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 27, 2012
Closed on
Aug 27, 2012
Sold by
Hall Dennis and Hall Hong Ling Holly
Bought by
Mefford Dylan J
Seller's Agent
Richard Liao
Geneva Real Estate and Investments
Buyer's Agent
Dave Israel
Arizona Excellence Realty
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

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
3.52%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2002
Sold by
Hall Dennis
Bought by
Hall Dennis and Hall Hong Ling Holly

Purchase Details

Closed on
Jan 15, 2002
Sold by
Hall Helen Margaret
Bought by
Hall Dennis
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Brian Traicoff $637,000 Lawyers Title Of Arizona Inc
Hansen Justin $265,000 First Arizona Title Agency L
Arkad Investments Llc -- None Available
Arkad Investments Llc -- None Available
Hall Dennis -- Lawyers Title Of Arizona Inc
Mefford Dylan J $140,000 Lawyers Title Of Arizona Inc
Hall Dennis -- Lawyers Title Of Arizona Inc
Hall Dennis -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brian Traicoff $602,485
Previous Owner Hansen Justin $260,200
Previous Owner Mefford Dylan J $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2020 09/04/20 Sold $537,500 -2.3% $672 / Sq Ft
09/02/2020 09/02/20 Price Changed $550,000 0.0% $688 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $550,000 +107.5% $688 / Sq Ft
06/06/2017 06/06/17 Sold $265,000 0.0% $331 / Sq Ft View Prior Sale
04/25/2017 04/25/17 Pending -- -- --
04/23/2017 04/23/17 For Sale $265,000 +89.3% $331 / Sq Ft
10/17/2012 10/17/12 Sold $140,000 -6.7% $175 / Sq Ft View Prior Sale
08/10/2012 08/10/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $150,000 -- $188 / Sq Ft
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 $1,046 $8,231 -- --
2024 $988 $7,839 -- --
2023 $988 $46,050 $9,210 $36,840
2022 $956 $30,970 $6,190 $24,780
2021 $969 $25,380 $5,070 $20,310
2020 $944 $23,180 $4,630 $18,550
2019 $927 $21,830 $4,360 $17,470
2018 $903 $18,500 $3,700 $14,800
2017 $898 $17,200 $3,440 $13,760
2016 $882 $15,300 $3,060 $12,240
2015 $817 $16,510 $3,300 $13,210
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Katie Hansen

    My Home Group Real Estate

    (480) 685-2760

    2 Total Sales

    Katie Hansen
    Section Image
  • Heather Oldham

    Buyer's Agent in 2020

    Heather Oldham

    HomeSmart

    (480) 433-2723

    28 Total Sales

    Heather Oldham
    Section Image

  • D

    Seller's Agent in 2017

    Dave Israel

    Arizona Excellence Realty

  • Jhante Lopez

    Buyer's Agent in 2017

    Jhante Lopez

    My Home Group

    (623) 302-3805

    27 Total Sales

    Jhante Lopez
    Section Image
  • Richard Liao

    Seller's Agent in 2012

    Richard Liao

    Geneva Real Estate and Investments

    (480) 612-4545

    7 Total Sales

    Richard Liao
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6074013

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-29-011D

Arizona Maricopa County Phoenix 85020 North Central

1436 E Cinnabar Ave, Phoenix, AZ

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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