NOT LISTED FOR SALE

1524 E Shangri la Rd Unit 1 Phoenix, AZ 85020

North Mountain Village Neighborhood

Estimated Value: $520,000 - $648,000

0.3 Acre
$1,951,590 Price per Acre
13,068 Sq Ft Lot

Last Sold March 08, 2018

Last sale price $69,000

Est. 749% increase in value since last sale

Current estimated payment $3,427/month

62 Days on Market

Highlights

  • Mountain View
  • Shadow Mountain High School Rated A-
  • No HOA

About This Lot

As of March 2018

Mountain Views! Beautiful custom homes surrounding this lot. Great neighborhood. Ready to build.

Last Listed By

Lisa Murphy

HomeSmart License #SA632897000 Listed on: 12/02/2017

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $516

Year Built

  • 2021

Lot Details

  • 0.3 Acre Lot
  • Property is zoned R-6

Property Views

  • Mountain Views

Schools

  • Larkspur Elementary School
  • Shea Middle School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 159-21-039-E

Property Details

Property Type

Land

Est. Annual Taxes

$516

Year Built

2021

Lot Details

0

Listing Details

  • Cross Street: Cave Creek and Cactus
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-6
  • Tax Year: 2017
  • Directions: SR 51 to CActus Rd West to N Cave Creek Rd, South to Shangri La West to Property
  • Lot Size Acres: 0.3
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Lot Features: Mountain View(s)
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Larkspur Elementary School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Lot Size: 75x175
  • Lot Size Sq Ft: 13125.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 159-21-039-E
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 516.0
  • Tax Book Number: 159.00
  • Tax Lot: 1
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2021
Sold by
Heartfelt Sales Llc
Bought by
Niemeyer Katelyn
Total Days on Market
62
Current Estimated Value
$585,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,250
Outstanding Balance
$502,847
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$105,726

Purchase Details

Closed on
Aug 16, 2016
Sold by
Alvarez Frank
Bought by
Willett John Paul

Purchase Details

Closed on
Oct 19, 2004
Sold by
Koscak Vlado and Koscak Jelena
Bought by
Alvarez Frank and Alvarez Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
5.74%
Mortgage Type
Seller Take Back

Range of Values:

Collateral Analytics

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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
Niemeyer Katelyn $575,000 Lawyers Title Of Arizona Inc
Heartfelt Sales Llc -- Lawyers Title
Willett John Paul $65,000 Driggs Title Agency Inc
Alvarez Frank $48,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niemeyer Katelyn $546,250
Previous Owner Alvarez Frank $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2018 03/08/18 Sold $69,000 0.0% --
01/30/2018 01/30/18 Price Changed $69,000 -4.2% --
12/01/2017 12/01/17 For Sale $72,000 -- --
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 $2,166 $25,673 -- --
2024 $2,117 $24,450 -- --
2023 $2,117 $42,070 $8,410 $33,660
2022 $2,097 $33,100 $6,620 $26,480
2021 $574 $8,445 $8,445 $0
2020 $556 $7,845 $7,845 $0
2019 $556 $6,180 $6,180 $0
2018 $538 $6,360 $6,360 $0
2017 $516 $5,190 $5,190 $0
2016 $507 $7,230 $7,230 $0
2015 $501 $6,080 $6,080 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Murphy

    Seller's Agent in 2018

    Lisa Murphy

    HomeSmart

    (602) 516-0906

    58 Total Sales

    Lisa Murphy
    Section Image

  • J

    Buyer's Agent in 2018

    Jim Hartgraves

    Jimmy D. Hartgraves Jr

    (602) 371-1428

    2 in this area

    14 Total Sales

    Jim Hartgraves
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5694410

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-21-039E

Arizona Maricopa County Phoenix 85020 North Mountain Village

1524 E Shangri la Rd Unit 1, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 1524 E Shangri la Rd Unit 1, Phoenix, AZ 85020 since 02 December 2017 and is currently estimated at $585,477. This property was built in 2021. 1524 E Shangri la Rd Unit 1 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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