NOT LISTED FOR SALE

1405 E Shangri la Rd Unit 2 Phoenix, AZ 85020

North Mountain Village Neighborhood

Estimated Value: $568,000 - $662,000

0.37 Acre
$1,645,051 Price per Acre
16,117 Sq Ft Lot

Last Sold February 19, 2016

Last sale price $42,500

Est. 1,332% increase in value since last sale

Current estimated payment $3,598/month

182 Days on Market

Highlights

  • City Lights View
  • 0.37 Acre Lot
  • Partially Fenced Property
  • Shadow Mountain High School Rated A-
  • No HOA

About This Lot

As of February 2016

Flat Buildable .35 Acre Lot ready for your new home. Or invest now in Land & Lots with this nice piece of land. Mountain Views & City Lights. Pavement to property. Unique cozy neighborhood. Close to hiking, shopping & restaurants. Two additional lots for sale by the same owner on the same street. See MLS#'s 5319011 & 5319015. Paradise Valley School District. Near North Point Trail & Phoenix Mountain Preserve Trail 100 Trailhead for hiking, mountain biking & horse riding. Minutes from the SR-51 Freeway access and downtown Phoenix.

Last Listed By

Mitch Mitchell

SERHANT. License #BR548688000 Listed on: 08/11/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $545

Year Built

  • 2018

Lot Details

  • 0.37 Acre Lot
  • Partially Fenced Property
  • Block Wall Fence
  • Property is zoned R1-6

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

  • Larkspur Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Community Details

  • No Home Owners Association
  • Ghp Delta Builders Replat Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 159-21-079-A

Property Details

Property Type

Land

Est. Annual Taxes

$545

Year Built

2018

Lot Details

0

Listing Details

  • Cross Street: Cave Creek Rd & Peoria Ave
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R1-6
  • Tax Year: 2014
  • Directions: From Peoria Ave. North on Cave Creek Rd. West on Shangri La Rd. North on 15th St. West on Shangri La Rd to property.
  • Lot Size Acres: 0.37
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: praz16
  • Co List Office Phone: 623-209-6575
  • Subdivision Name: GHP Delta Builders Replat
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2018

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: City Light View(s), Mountain View(s), North/South Exp, Adjacent to Wash
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Larkspur Elementary School
  • High School: Shadow Mountain High School
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Lot Size: 120x132
  • Horse Amenities: Other, See Remarks
  • Lot Size Sq Ft: 15912.0
  • Additional Parcels: No
  • Parcel #: 159-21-079-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 545.0
  • Tax Book Number: 159.00
  • Tax Lot: 2
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2021
Sold by
Thomson Julia and Thomson Gerald E
Bought by
Viles Sarah and Viles Harrison
Total Days on Market
182
Current Estimated Value
$608,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$366,070
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$242,599

Purchase Details

Closed on
Mar 10, 2018
Sold by
Valenzuela Matthew R
Bought by
Lyon Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.92%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 8, 2018
Sold by
Lyon Development Llc
Bought by
Thomson Julia and Thomson Gerald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.92%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 11, 2015
Closed on
Feb 17, 2016
Sold by
Stryker Carla
Bought by
Valenzuela Matthew R
Seller's Agent
Mitch Mitchell
SERHANT.
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$60,000
Sold Price
$42,500
Premium/Discount to List
-$17,500
-29.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.43%

Purchase Details

Closed on
Sep 9, 2009
Sold by
M & I Marshall & Ilsley Bank
Bought by
Stryker Roy A and Stryker Carla D

Purchase Details

Closed on
Dec 18, 2001
Sold by
Meinke Roy and Coonfield Maria Sue
Bought by
Patchett George and Patchett Deborah F

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
Viles Sarah $500,000 Empire West Title Agency Llc
Lyon Development Llc -- Fidelity National Title Agen
Thomson Julia $330,000 Fidelity National Title Agen
Valenzuela Matthew R $42,500 Pioneer Title Agency Inc
Stryker Roy A $43,000 Security Title Agency
Patchett George $28,200 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Viles Sarah $400,000
Previous Owner Thomson Julia $75,000
Previous Owner Thomson Julia $264,000
Previous Owner Valenzuela Matthew R $20,000
Previous Owner Valenzuela Matthew R $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2016 02/19/16 Sold $42,500 -29.2% --
02/08/2016 02/08/16 Pending -- -- --
08/10/2015 08/10/15 For Sale $60,000 -- --
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 $2,686 $31,841 -- --
2024 $2,625 $30,325 -- --
2023 $2,625 $43,470 $8,690 $34,780
2022 $2,601 $34,450 $6,890 $27,560
2021 $2,643 $31,000 $6,200 $24,800
2020 $2,553 $31,730 $6,340 $25,390
2019 $2,565 $33,000 $6,600 $26,400
2018 $343 $4,395 $4,395 $0
2017 $289 $3,045 $3,045 $0
Source: Public Records

Agents Affiliated with this Home

  • Mitch Mitchell

    Seller's Agent in 2016

    Mitch Mitchell

    SERHANT.

    (602) 432-2895

    1 in this area

    77 Total Sales

    Mitch Mitchell
    Section Image
  • Curtis Mitchell

    Seller Co-Listing Agent in 2016

    Curtis Mitchell

    SERHANT.

    (602) 758-1795

    1 in this area

    132 Total Sales

    Curtis Mitchell
    Section Image

  • N

    Buyer's Agent in 2016

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5319013

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-21-082

Arizona Maricopa County Phoenix 85020 North Mountain Village

1405 E Shangri la Rd Unit 2, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 1405 E Shangri la Rd Unit 2, Phoenix, AZ 85020 since 11 August 2015 and is currently estimated at $608,669. This property was built in 2018. 1405 E Shangri la Rd Unit 2 is a home located in Maricopa County with nearby schools including Larkspur Elementary School, Shea Middle School, and Shadow Mountain High School.

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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