#6864842, Monica Merenda, Talon Lewis, Listing office: My Home Group Real Estate

721 W Cinnabar Ave Phoenix, AZ 85021
Property details
About 721 W Cinnabar Ave
Real Estate Marketing Description: Discover investment potential at 721 W Cinnabar, a promising triplex nestled in a vibrant neighborhood. This property boasts a laundry room and newer roofs, ensuring low maintenance costs for discerning investors. Adjacent is a six-unit property also available for sale, offering expanded portfolio opportunities. Currently occupied by Government Assisted Leases, this triplex guarantees consistent income, with payments reliably arriving on the first of every month. Situated on a spacious lot, there's ample room for potential development, presenting a lucrative opportunity for expansion or enhancement. Buyers are encouraged to verify all facts and figures independently to capitalize on this exceptional investment opportunity. Proximity: Light Rail: The 85021 area is conveniently located near the Valley Metro Light Rail, providing easy access to public transportation throughout the Phoenix metropolitan area. Interstate 17 (I-17): Close proximity to Interstate 17 facilitates quick access to downtown Phoenix and other parts of the valley. Employment Base: The area around 85021 is supported by a diverse employment base, including sectors such as healthcare, education, technology, and service industries. Hiking and Outdoor Recreation: Residents can enjoy outdoor activities with nearby access to hiking trails in scenic locations such as North Mountain Park and Shaw Butte. Entertainment and Dining: The 85021 area offers a variety of entertainment options, including shopping centers, restaurants, and cultural venues, ensuring a vibrant local scene. Public Transportation: Bus Routes: Several bus routes serve the 85021 area, enhancing connectivity for commuters and residents alike.
Highlights
Summary
- Flooring Type: Carpet, Ceramic Tile, Vinyl
- Parking: RV Access/Parking, Free, Add'l Parking Avail, >1 Space Per Unit, Boat
- Heating: Other, Heat Pump
- Cooling: Ceiling Fan(s), Electric, Other
- List Price: $600,000
- Annual Tax Amount: $587
- Tax Year: 2022
- Year Built: 1947
- MLS Number: 6847366
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Gerchick Real Estate
- Office Phone: (602) 688-9279
- Office Email: linda@justsoldit.com
- Listing Agent: Linda S Gerchick
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/23/2025, 11:45:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$600,000
721 W Cinnabar Ave
$7,125
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 26, 2021 | Home Sold | $1,000,000 |
Feb 26, 2021 | Home Sold | $1,200,000 |
Sep 05, 2014 | Home Sold | $202,000 |
Dec 01, 2010 | Home Sold | $130,000 |
Mar 15, 2007 | Home Sold | $400,000 |
Aug 12, 1998 | Home Sold | $157,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $33,670 | $- |
2023 | $26,470 | $- |
2022 | $18,810 | $587 |
2020 | $14,610 | $572 |
2019 | $11,120 | $547 |
2017 | $7,860 | $544 |
History based on county public records data.
Nearby schools
3
Desert View Elementary School
Public District PK-6
1.2 mi
•8621 N 3rd St
3
Richard E. Miller Elementary School
Public District KG-5
1.4 mi
•2021 W Alice Ave
2
Shaw Butte Elementary School
Public District PK-6
1.9 mi
•12202 N 21st Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,295. Typical income of Phoenix, AZ residents is less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 721 W Cinnabar Ave
The listing price of 721 W Cinnabar Ave property is $600,000.
The property 721 W Cinnabar Ave is a house located in Phoenix, Arizona, 85021.
Active Listing: 721 W Cinnabar Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 721 W Cinnabar Ave are: Desert View Elementary School (GreatSchools Rating 3/10), Richard E. Miller Elementary School (GreatSchools Rating 3/10), Shaw Butte Elementary School (GreatSchools Rating 2/10), Mountain View School (GreatSchools Rating 1/10), Sunnyslope School (GreatSchools Rating 2/10), Royal Palm Middle School (GreatSchools Rating 4/10), Sunnyslope High School (GreatSchools Rating 7/10), Pillar Academy Online (GreatSchools Rating 3/10), Pillar Academy of Business & Finance (GreatSchools Rating 3/10).
According to the records, the last property tax for 2022 is $587 (source: MLS/based on county public records data).
The last sale was on February 26, 2021 for $1,000,000 (source: MLS/tax record).
The property at 721 W Cinnabar Ave has 0 bathroom.
The year of construction for 721 W Cinnabar Ave is 1947.
This home is located at 721 W Cinnabar Ave in Phoenix, AZ and zip code 85021 in the North Mountain neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $600,000.
In May 2025 more than 222 listings in Phoenix, AZ were sold above the asking price. During the same period more than 419 listings were sold at asking price, while more than 865 were sold below. The number of homes for sale in Phoenix, AZ increased by 4% between April and May 2025. In May 2025, listings were on the market for 64 days. During the same period, the median list price in this real estate market was $456,920.