$160,000
SOLD DEC 1, 2016

732 W Cinnabar Ave Phoenix, AZ 85021

North Mountain Village Neighborhood
-- Bed
-- Bath
2,760 Sq Ft
0.26 Acres

Recently Sold

$58 Per Sq Ft

11% Below List Price

19 Days on Market

Highlights

  • Central Air
  • Carpet
  • 3-minute walk to Mountain View Park
  • Sunnyslope High School Rated A
  • Heating Available

About This Home

As of March 2022

Well maintained 4 plex on a big 11,265 sq ft lot. All 4 units have new A/C units 2016, fenced front yard and individually fenced back yards with laundry hook ups for each unit. Three units have been remodeled with new kitchens, baths, flooring and dual pane windows. All units have refrigerators. Walk to spacious city mountain park.

Last Agent to Sell the Property

Rex Tanner

AZ Brokerage Holdings, LLC License #SA015593000 Listed on: 11/04/2016

Last Buyer's Agent

Ognjen Zdrale

HomeSmart License #SA663025000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $791

Year Built

  • Built in 1960

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 14
  • Assessor Parcel Number 158-29-037-D

Community Details

Overview

  • 4 Units
  • Building Dimensions are 11,265
  • Ironwood Place Subdivision

Building Details

  • Operating Expense $7,291

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$791

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: 7th Av and Peoria
  • Property Type: Multiple Dwellings
  • Zoning: RENTAL RESID
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2201
  • Directions: South on 7th Av from Peoria, west on Cinnabar. Drive by only, do not disturb tenants.
  • Road Surface Type: Asphalt
  • Subdivision Name: IRONWOOD PLACE
  • Tax Parcel Letter: D
  • Cooling:Central Air: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air
  • 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

  • Exterior Amenities:Fenced3: Yes

Fee Information

  • Annual Water Sewer Expense: 4000.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 11,265
  • Additional Parcels: No
  • Parcel #: 158-29-037-D

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Insurance Expense: 2500.0
  • Annual Operating Expense: 7291.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 791.0
  • Tax Book Number: 158.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Mar 25, 2022
Sold by
Serafica Fiorella and Serafica Christina
Bought by
Casillas Marcos and Montes Magali
Seller's Agent
Norma Millett
HomeSmart
Buyer's Agent
Joe Pampinella
Orchard Brokerage
List Price
$600,000
Sold Price
$655,000
Premium/Discount to List
$55,000
9.17%
Current Estimated Value
$714,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,597
Avg. Annual Appreciation
2.45%
Original Mortgage
$491,250
Outstanding Balance
$430,413
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$281,705

Purchase Details

Closed on
Jul 2, 2021
Sold by
Fiorella Tony and Fiorella Christina Serafica
Bought by
Fiorella Tony and Fiorella Christina Serafica

Purchase Details

Closed on
Jan 23, 2020
Sold by
Fiorella Maria
Bought by
Fiorella Tony and Fiorella Serafica

Purchase Details

Listed on
Sep 23, 2019
Closed on
Sep 25, 2019
Sold by
Zdrale Veselinka
Bought by
Florella Maria
Seller's Agent
Ognjen Zdrale
HomeSmart
Buyer's Agent
Norma Millett
HomeSmart
List Price
$339,000
Sold Price
$340,000
Premium/Discount to List
$1,000
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%

Purchase Details

Listed on
Nov 4, 2016
Closed on
Nov 29, 2016
Sold by
Zdrale Ognjen and Zdrale Veselinka
Bought by
Zdrale Veselinka
Seller's Agent
Rex Tanner
AZ Brokerage Holdings, LLC
Buyer's Agent
Ognjen Zdrale
HomeSmart
List Price
$180,000
Sold Price
$160,000
Premium/Discount to List
-$20,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.64%

Purchase Details

Closed on
Dec 30, 2013
Sold by
Red Orchid Llc
Bought by
Gastelum Raul and Gastelum Laura Y

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
4.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 11, 2009
Sold by
Us Bank National Association
Bought by
Red Orchid Llc

Purchase Details

Closed on
Oct 12, 2005
Sold by
Eagan Lisa and Eagan Gary
Bought by
Young Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
5.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 14, 2005
Sold by
Erler Dan
Bought by
Eagan Gary and Eagan Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1997
Sold by
Camp James Edward
Bought by
Erler Dan
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 Type Sale Price Title Company
Warranty Deed $655,000 Equitable Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Accommodation
Warranty Deed $340,000 Equitable Title Agency
Interfamily Deed Transfer -- Chicago Title Agency Inc
Cash Sale Deed $160,000 Chicago Title Agency Inc
Warranty Deed $135,000 Us Title Agency Llc
Cash Sale Deed $75,000 Great American Title Agency
Warranty Deed $325,000 Capital Title Agency Inc
Warranty Deed $260,000 --
Warranty Deed $83,400 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $491,250 New Conventional
Previous Owner $105,000 Seller Take Back
Previous Owner $14,000 Unknown
Previous Owner $227,500 Purchase Money Mortgage
Previous Owner $182,000 New Conventional
Previous Owner $65,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 For Rent $1,100 0.0% --
03/31/2022 03/31/22 Sold $655,000 +5.6% $237 / Sq Ft
03/07/2022 03/07/22 Price Changed $620,000 +3.3% $225 / Sq Ft
02/17/2022 02/17/22 For Sale $600,000 +76.5% $217 / Sq Ft
09/27/2019 09/27/19 Sold $340,000 +0.3% $123 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
09/23/2019 09/23/19 For Sale $339,000 +111.9% $123 / Sq Ft
12/01/2016 12/01/16 Sold $160,000 -11.1% $58 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
11/22/2016 11/22/16 For Sale $180,000 0.0% $65 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
11/04/2016 11/04/16 For Sale $180,000 -- $65 / 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 $903 $7,385 -- --
2024 $887 $7,033 -- --
2023 $887 $41,370 $8,270 $33,100
2022 $858 $28,620 $5,720 $22,900
2021 $869 $23,280 $4,650 $18,630
2020 $847 $20,120 $4,020 $16,100
2019 $832 $16,710 $3,340 $13,370
2018 $810 $12,480 $2,490 $9,990
2017 $806 $12,000 $2,400 $9,600
2016 $791 $11,100 $2,220 $8,880
2015 $733 $9,470 $1,890 $7,580
Source: Public Records

Agents Affiliated with this Home

  • Norma Millett

    Seller's Agent in 2022

    Norma Millett

    HomeSmart

    (480) 628-3862

    3 in this area

    39 Total Sales

    Norma Millett
    Section Image
  • Joe Pampinella

    Buyer's Agent in 2022

    Joe Pampinella

    Orchard Brokerage

    (602) 953-4000

    6 in this area

    200 Total Sales

    Joe Pampinella
    Section Image

  • S

    Buyer's Agent in 2022

    S.J. Pampinella

    Redfin Corporation

  • Ognjen Zdrale

    Seller's Agent in 2019

    Ognjen Zdrale

    HomeSmart

    (480) 399-9315

    20 Total Sales

    Ognjen Zdrale
    Section Image

  • R

    Seller's Agent in 2016

    Rex Tanner

    Realty Executives

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5520859

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-29-037D

Arizona Maricopa County Phoenix 85021 North Mountain Village

732 W Cinnabar Ave, Phoenix, AZ

This home is located at 732 W Cinnabar Ave, Phoenix, AZ 85021 and is currently priced at $160,000, approximately $57 per square foot. This property was built in 1960. 732 W Cinnabar Ave is a home located in Maricopa County with nearby schools including Mountain View Elementary School, Sunnyslope High School, and Bennett Academy – Venture Site.

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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