$455,000
SOLD APR 30, 2025

1502 W Shangri la Rd Unit 1-2 Phoenix, AZ 85029

North Mountain Village Neighborhood
-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Recently Sold

13% Below List Price

136 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heat Pump System
  • Sunnyslope High School Rated A
  • Ceiling Fan

About This Home

As of April 2025

Slump block duplex on 0.16 acres across the street from the mountain preserve with a 2025 updated private block fenced yard with RV gate and pedestrian gate... (UNIT 1) has 2 bedrooms, 1 bath, pantry, and attached 2-car garage... (UNIT 2) has 2 bedrooms, 1 bath, pantry, and tandem 2-car parking space on side of home... EACH unit is 896 sf and has 2024 updates to flooring, countertops, water heaters, and interior paint... Laundries are in the garage... Electric is separate meter... Water is a shared meter...

Last Agent to Sell the Property

Carolyn D'Sylva

Century 21 Northwest License #SA527281000 Listed on: 11/16/2024

Century 21 Northwest

Last Buyer's Agent

Mason Weiss

ATLAS AZ, LLC License #SA697837000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,076

Year Built

  • Built in 1983

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces
  • Over 1 Space Per Unit
  • On-Street Parking

Schools

  • Shaw Butte Elementary School
  • Royal Palm Middle School
  • Sunnyslope High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot -/-/-
  • Assessor Parcel Number 159-11-012-Q

Community Details

Overview

  • 2 Units
  • Building Dimensions are 0.16 acres / 6,970 sqft

Building Details

  • Operating Expense $1,076

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,076

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: 19th Ave and Cactus Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI-FAMILY
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2024
  • Directions: From Cactus Rd - South on 19th Ave, west on Shangri La, north on 15th Ave to Unit 2 driveway
  • Road Surface Type: Asphalt
  • Garage Yn: Yes
  • Tax Parcel Letter: Q
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >1 Space Per Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Garage: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), Electric, Individual
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Elementary School: Shaw Butte School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Royal Palm Middle School

Lot Info

  • Lot Size: 0.16 acres / 6,970 sqft
  • Additional Parcels: No
  • Parcel #: 159-11-012-Q

Multi Family

  • Owner Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Operating Expense: 1076.0

Tax Info

  • Tax Annual Amount: 1076.0
  • Tax Book Number: 159.00
  • Tax Lot: -/-/-

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2024
Closed on
Apr 25, 2025
Sold by
Jones Adam
Bought by
Nguyen Huy and Lopez Maribel G
Seller's Agent
Carolyn D'Sylva
Century 21 Northwest
Buyer's Agent
Mason Weiss
ATLAS AZ, LLC
List Price
$525,000
Sold Price
$455,000
Premium/Discount to List
-$70,000
-13.33%
Views
24
Current Estimated Value
$460,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,491
Avg. Annual Appreciation
20.98%
Original Mortgage
$341,250
Outstanding Balance
$341,250
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$144,182

Purchase Details

Closed on
Jan 18, 2001
Sold by
Taylor Bobbie J
Bought by
Jones Starlet L

Purchase Details

Closed on
Apr 20, 2000
Sold by
Taylor Bobbie J
Bought by
Taylor Bobbie J and Jones Starlet Lacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,868
Interest Rate
8.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2000
Sold by
Bearce Jason P and Bearce Laurie Lynn
Bought by
Taylor Bobbie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,868
Interest Rate
8.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 1996
Sold by
Wilson Frances E
Bought by
Bearce Jason P and Bearce Laurie Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,741
Interest Rate
7.62%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $455,000 Wfg National Title Insurance C
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Warranty Deed $86,000 --
Warranty Deed $75,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $341,250 New Conventional
Previous Owner $85,868 New Conventional
Previous Owner $74,741 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $455,000 -6.2% --
04/01/2025 04/01/25 Pending -- -- --
02/27/2025 02/27/25 Price Changed $485,000 -3.0% --
01/30/2025 01/30/25 Price Changed $500,000 -4.8% --
11/16/2024 11/16/24 For Sale $525,000 -- --
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 $1,076 $8,800 -- --
2024 $1,057 $8,381 -- --
2023 $1,057 $32,020 $6,400 $25,620
2022 $1,143 $21,960 $4,390 $17,570
2021 $915 $18,820 $3,760 $15,060
2020 $890 $16,980 $3,390 $13,590
2019 $874 $14,820 $2,960 $11,860
2018 $849 $12,580 $2,510 $10,070
2017 $847 $10,060 $2,010 $8,050
2016 $831 $9,320 $1,860 $7,460
2015 $771 $7,920 $1,580 $6,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6784893

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-11-012Q