NOT LISTED FOR SALE

740 W Cinnabar Ave Unit 1,2 Phoenix, AZ 85021

North Mountain Village Neighborhood

Estimated Value: $299,000 - $398,000

4 Beds
2 Baths
891 Sq Ft
$397/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $125,000 $140 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,947/month

23 Days on Market

Highlights

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

About This Home

As of November 2016

GREAT Duplex!Great Location!
Units are 2 bedrooms 1 bath each.
Two New AC units, 2.5 tons each. New wooden fence on backyard. Duplex has 60% new roof-

Last Agent to Sell the Property

David Castillo Campos

Planet Realty License #SA652925000 Listed on: 09/28/2016

Last Buyer's Agent

Bill Scheidt

PMI East Valley License #BR649356000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $735

Year Built

  • Built in 1954

Lot Details

  • 10,672

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Schools

  • Mountain View Elementary School
  • Royal Palm Middle School
  • Sunnyslope High School

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 13
  • Assessor Parcel Number 158-29-034

Community Details

Overview

  • 2 Units
  • Building Dimensions are 10625
  • Ironwood Place Subdivision

Building Details

  • Operating Expense $735

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$735

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Cross Street: I-17 & Peoria
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1954
  • Tax Year: 2016
  • Directions: I-17 & Peoria Directions: From Peoria and 19th Ave East to 9th Ave. and South to Cinnabar. Take left and house is on the North side of Street.
  • Road Surface Type: Concrete
  • Subdivision Name: IRONWOOD PLACE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Mountain View Elementary School
  • High School: Sunnyslope High School
  • Middle Or Junior School: Royal Palm Middle School

Lot Info

  • Lot Size: 10625
  • Additional Parcels: No
  • Parcel #: 158-29-034

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Operating Expense: 734.8

Tax Info

  • Tax Annual Amount: 734.8
  • Tax Book Number: 158.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2016
Closed on
Oct 31, 2016
Sold by
Castrillo Eduardo and Castillo Jeanette
Bought by
Lagrant Enterprises Llc
Seller's Agent
David Castillo Campos
Planet Realty
Buyer's Agent
Bill Scheidt
PMI East Valley
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%
Current Estimated Value
$354,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,085
Avg. Annual Appreciation
12.40%

Purchase Details

Listed on
Dec 11, 2012
Closed on
Aug 14, 2013
Sold by
Williams Samuel Dan
Bought by
Castillo Eduardo and Castillo Jeanette
Seller's Agent
Thomas Bartz
HomeSmart
Buyer's Agent
Antonio Castillo
Planet Realty
List Price
$85,000
Sold Price
$69,000
Premium/Discount to List
-$16,000
-18.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.27%
Original Mortgage
$14,000
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 1, 2011
Closed on
Mar 13, 2012
Sold by
Stahl William
Bought by
Williams Samuel Dan
Seller's Agent
Thomas Bartz
HomeSmart
Buyer's Agent
Thomas Bartz
HomeSmart
List Price
$69,000
Sold Price
$46,500
Premium/Discount to List
-$22,500
-32.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.04%

Purchase Details

Closed on
Feb 9, 2010
Sold by
Fannie Mae
Bought by
Stahl William

Purchase Details

Closed on
Nov 23, 2009
Sold by
Korte Ronald W and Korte Kristen D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 1, 2006
Sold by
Korte Ryan
Bought by
Korte Ronald W and Korte Kristen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,350
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2006
Sold by
Grunstein Robert
Bought by
Korte Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,350
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2004
Sold by
Marken Ventures Llc
Bought by
Grunstein Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2003
Sold by
Suttle Rockie L and Suttle Sylvia
Bought by
Marken Ventures Llc

Purchase Details

Closed on
Feb 26, 1998
Sold by
Lasalle National
Bought by
Suttle Rockie L and Suttle Sylvia

Purchase Details

Closed on
Oct 10, 1997
Sold by
Hammaker Jack and Dolihite Fannie I
Bought by
Transamerica Financial Services Inc

Purchase Details

Closed on
Jul 19, 1995
Sold by
Transamerica Financial Services Inc
Bought by
Hammaker Jack and Dolihite Fannie I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,644
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 1995
Sold by
Rivera Dennis G
Bought by
Transamerica Financial Services Inc

Purchase Details

Closed on
Nov 22, 1994
Sold by
Rivera Maria Teresa
Bought by
Rivera Dennis G
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
Lagrant Enterprises Llc $125,000 Greystone Title Agency Llc
Castillo Eduardo $69,000 Driggs Title Agency Inc
Williams Samuel Dan $46,500 Chicago Title Agency Inc
Stahl William $44,900 Lawyers Title Of Arizona Inc
Federal National Mortgage Association $172,262 None Available
Korte Ronald W -- Capital Title Agency Inc
Korte Ryan $121,500 Arizona Title Agency Inc
Grunstein Robert $60,600 Security Title Agency
Marken Ventures Llc $65,500 Security Title Agency
Suttle Rockie L $33,000 First American Title
Transamerica Financial Services Inc -- Nations Title Insurance
Hammaker Jack $40,000 First American Title
Transamerica Financial Services Inc -- Fiesta Title & Escrow Agency
Rivera Dennis G -- Fiesta Title & Escrow Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castillo Eduardo $14,000
Previous Owner Korte Ryan $109,350
Previous Owner Grunstein Robert $80,800
Previous Owner Hammaker Jack $40,644
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2016 11/04/16 Sold $125,000 -7.4% $140 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
09/27/2016 09/27/16 For Sale $135,000 +95.7% $152 / Sq Ft
08/16/2013 08/16/13 Sold $69,000 -18.8% $77 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
12/11/2012 12/11/12 For Sale $85,000 +82.8% $95 / Sq Ft
03/16/2012 03/16/12 Sold $46,500 -32.6% $52 / Sq Ft
03/06/2012 03/06/12 Pending -- -- --
09/01/2011 09/01/11 For Sale $69,000 -- $77 / 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 $839 $6,858 -- --
2024 $824 $6,532 -- --
2023 $824 $24,680 $4,930 $19,750
2022 $797 $17,850 $3,570 $14,280
2021 $807 $16,400 $3,280 $13,120
2020 $787 $14,760 $2,950 $11,810
2019 $772 $12,910 $2,580 $10,330
2018 $752 $9,350 $1,870 $7,480
2017 $748 $8,400 $1,680 $6,720
2016 $735 $7,580 $1,510 $6,070
2015 $681 $7,360 $1,470 $5,890
Source: Public Records

Agents Affiliated with this Home

  • B

    Buyer's Agent in 2016

    Bill Scheidt

    PMI East Valley

    12 Total Sales

    Bill Scheidt
    Section Image
  • Thomas Bartz

    Seller's Agent in 2013

    Thomas Bartz

    HomeSmart

    (602) 206-0583

    2 in this area

    19 Total Sales

    Thomas Bartz
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5503169

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-29-034

Arizona Maricopa County Phoenix 85021 North Mountain Village

740 W Cinnabar Ave Unit 1,2, Phoenix, AZ

This home is located at 740 W Cinnabar Ave Unit 1,2, Phoenix, AZ 85021 since 28 September 2016 and is currently estimated at $354,085, approximately $397 per square foot. This property was built in 1954. 740 W Cinnabar Ave Unit 1,2 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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