$560,000
SOLD FEB 12, 2025

1329 E Cinnabar Ave Phoenix, AZ 85020

North Central Neighborhood
-- Bed
-- Bath
-- Sq Ft
0.6 Acres

Recently Sold

34% Below List Price

50 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • 2-minute walk to Sunnyslope Rock Garden
  • Sunnyslope High School Rated A
  • Individual Controls for Heating

About This Home

As of February 2025

1329 E Cinnabar Ave offers a great investment opportunity nestled in the Sunnyslope Submarket. This multifamily property has five units across four buildings and all units have private backyards. The unit mix varies from one-, two-, and three- bedroom configurations. This property is bank owned, and 100% occupied.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000

Co-Listed By

Jake Vice

R.O.I. Properties License #SA697209000

Last Buyer's Agent

Reuben Nach

R.O.I. Properties License #SA687040000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,486

Year Built

  • Built in 1960

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Wood
  • Vinyl

Parking

  • 12 Parking Spaces
  • 6 Covered Spaces
  • Common or Shared Parking
  • On-Street Parking

Schools

  • Sunnyslope High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 159-30-042-C

Community Details

Overview

  • 4 Buildings
  • 5 Units
  • Building Dimensions are 156.98' by 166.10'
  • Mountain Home Tract Lots 17 Thru 24 41 Thru 48 Subdivision

Building Details

  • Operating Expense $2,486

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,486

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: N Cave Creek Rd & E Cinnabar Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2024
  • Road Surface Type: Dirt, Asphalt
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: MOUNTAIN HOME TRACT LOTS 17 THRU 24 41 THRU 48
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Wood
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: >1 Space Per Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS, SRP, Individual Meter, Solar
  • Cooling: Electric, Individual
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 156.98' by 166.10'
  • Additional Parcels: No
  • Parcel #: 159-30-042-C

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 5
  • Annual Operating Expense: 2486.0

Tax Info

  • Tax Annual Amount: 2486.0
  • Tax Book Number: 159.00
  • Tax Lot: 37

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Sold $560,000 -34.1% --
12/19/2024 12/19/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $850,000 +335.9% --
03/05/2015 03/05/15 Sold $195,000 -6.7% --
03/05/2015 03/05/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $209,000 -- --
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 $2,486 $20,330 -- --
2024 $2,441 $19,362 -- --
2023 $2,441 $48,220 $9,640 $38,580
2022 $2,362 $32,950 $6,590 $26,360
2021 $2,392 $27,750 $5,550 $22,200
2020 $2,332 $24,470 $4,890 $19,580
2019 $2,290 $21,070 $4,210 $16,860
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $149,500 Seller Take Back
Previous Owner $160,000 Seller Take Back
Previous Owner $285,000 Seller Take Back
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $560,000 Landmark Title Assurance Agenc
Trustee Deed $580,110 None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- None Available
Special Warranty Deed $195,000 Chicago Title Agency Inc
Warranty Deed $151,000 Chicago Title Agency Inc
Special Warranty Deed $160,000 Security Title Agency
Special Warranty Deed $330,000 Capital Title Agency Inc
Warranty Deed $50,000 Capital Title Agency
Warranty Deed $120,000 Capital Title Agency
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6779502

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-30-042C

Arizona Maricopa County Phoenix 85020 North Central

1329 E Cinnabar Ave, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 1329 E Cinnabar Ave, Phoenix, AZ 85020 and is currently priced at $560,000. This property was built in 1960. 1329 E Cinnabar Ave is a home located in Maricopa County with nearby schools including Sunnyslope Elementary School, Sunnyslope High School, and Montessori Day Public Schools Chartered - Mountainside.

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