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2865 East Cinnabar Avenue

2865 East Cinnabar Avenue, Phoenix, AZ 85028
Sold May 30, 2023
$675,000
$540,000 by High Place Mortgage Inc
Mortgage Due Jun 01, 2053
Sold Nov 05, 2021
$529,900
$515,000 by Boomerang Acceptance Llc
Mortgage
Local assessors in Phoenix, AZ have categorized 2865 East Cinnabar Avenue as a residential type of property. The home was built in 1961 and is 63 years old. The property's lot size has been calculated to be 10,499 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2865 East Cinnabar Avenue has a total of 1,512 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of block were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. The property was last sold in May 30, 2023 for $675,000. That's $446.43 per sqft. Prior to that sales transaction, the property was also sold in Oct 6, 2021 for $529,900. 2865 East Cinnabar Avenue was last assessed in 2023. The total value of the property was assessed at $41,950. Specifically, the land the property is located on was valued at $8,390. While improvements on the property were assessed at a total of $33,560. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,857. The initial tax year of delinquency was in 2022. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,499
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,512
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARADISE VALLEY OASIS 1-A
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARADISE VALLEY OASIS 1-A MCR 96/41

Ownership

  • Current Owner : WOODS KENNY
  • Current Owner 2: YUE KAIA
  • Previous Owner : GLADIUS NORSE LLC
  • Owner Before Previous Owner: BLACK CANYON EQUITY LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Paradise Valley Unified District
  • Census Tract: 104801

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: 9641
  • Parcel: 165-28-060
  • Lot: 419
  • Meridian: SEC 26 TWN 3N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.578
  • Longitude: -112.019

    Address

  • Full Address: 2865 E Cinnabar Ave
  • Address - House Number: 2865
  • Street Direction: E
  • Address - Street Name: Cinnabar
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C020
  • 4-Digit Zip Code: 4415
  • Zip Code: 85028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,857
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 691300

    Appraisal Valuation

  • Standard Deviation: 0.1485
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 630,350
  • High Value: 723,982
  • Low Value: 536,718

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $540,000
  • First Open Lien Mortgage Lender: HIGH PLACE MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 30, 2023
  • First Open Lien Mortgage Loan Amount: $540,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $419,500
  • Market Land Value: $83,900
  • Market Improvement Value: $335,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,950
  • Assessed Land Value: $8,390
  • Assessed Improvements Value: $33,560

    Sales

  • Current Sale Contract Date: May 30, 2023
  • Current Sale Recording Date: May 30, 2023
  • Current Sale Transaction ID: 11907242892
  • Current Sale Price: $675,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 278915
  • Previous Sale Recording Date: Nov 05, 2021
  • Previous Sale Contract Date: Oct 06, 2021
  • Previous Sale Amount: $529,900
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HIGH PLACE MORTGAGE INC
  • First Mortgage Transaction Date: May 30, 2023
  • First Mortgage Loan Amount: $540,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: BOOMERANG ACCEPTANCE LLC
  • Previous Mortgage Transaction Date: Nov 05, 2021
  • Previous Mortgage Loan Amount: $515,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Paradise Valley



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Frequently Asked Questions

What neighborhood is 2865 East Cinnabar Avenue located in?
The 2865 East Cinnabar Avenue is a house located in the neighborhood of Paradise Valley Oasis South in Paradise Valley, Phoenix.
What is the average sales price for listings in 2865 East Cinnabar Avenue?
The average sales price for units in 2865 East Cinnabar Avenue is $560,000 , or $370/sqft. currently.

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