$225,000
SOLD MAY 9, 2025

1544 W Shangri la Rd Unit 101 Phoenix, AZ 85029

North Mountain Village Neighborhood
0.59 Acre
$381,356 Price per Acre
25,700 Sq Ft Lot

Recently Sold

2% Above List Price

14 Days on Market

Highlights

  • 0.59 Acre Lot
  • No HOA
  • Partially Fenced Property
  • Sunnyslope High School Rated A

About This Lot

As of May 2025

Take advantage of this 25,740 S.F. lot in the city with access to all utilities. This property is very well located, close to freeways and entertainment, with hiking trails just around the corner. It is designated as a multi-family property (R-3), or you can build your dream house and enjoy a beautiful view of the mountains while still benefiting from the convenience of city living.

Last Agent to Sell the Property

Cesar Gonzalez

ProSmart Realty License #SA565125000 Listed on: 04/22/2025

ProSmart Realty

Last Buyer's Agent

Diana Naranjo Cornejo

HomeSmart License #SA709478000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $545

Lot Details

  • 0.59 Acre Lot
  • Partially Fenced Property
  • Property is zoned R-3

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 159-11-010-L

Property Details

Property Type

Land

Est. Annual Taxes

$545

Lot Details

0

Listing Details

  • Cross Street: Peoria And16th ave.
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R-3
  • Tax Year: 2024
  • Lot Size Acres: 0.59
  • Tax Parcel Letter: L
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Partial
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: unk
  • Lot Size Sq Ft: 25740.0
  • Additional Parcels: No
  • Parcel #: 159-11-010-L
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 545.0
  • Tax Book Number: 159.00
  • Tax Lot: 101
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2025
Closed on
May 6, 2025
Sold by
Cplc Holding & Asset Management Company
Bought by
Mordini Mathew Thomas
Seller's Agent
Cesar Gonzalez
ProSmart Realty
Buyer's Agent
Diana Naranjo Cornejo
HomeSmart
List Price
$220,000
Sold Price
$225,000
Premium/Discount to List
$5,000
2.27%
Views
12
Current Estimated Value
$231,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,136
Avg. Annual Appreciation
8.77%
Original Mortgage
$160,000
Outstanding Balance
$159,718
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$71,418

Purchase Details

Closed on
Oct 9, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Cplc Holding & Asset Management Company

Purchase Details

Closed on
Jun 28, 2012
Sold by
Seay Carlton R and New Century Mortgage Corporati
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 27, 2006
Sold by
Zielske Seay Carlton R and Zielske Seay Laura
Bought by
Seay Carlton R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,200
Interest Rate
7.45%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 3, 2003
Sold by
Seay Carlton R
Bought by
Zielske Seay Carlton R and Zielske Seay Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,750
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Seay Carlton R

Purchase Details

Closed on
Jun 7, 1994
Sold by
Hibner Valor D and Hibner Dorothea J
Bought by
Smith Dale L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,050
Interest Rate
8.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 1994
Sold by
Hibner Valor D and Hibner Dorothea J
Bought by
Smith Dale L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,050
Interest Rate
8.6%
Mortgage Type
New Conventional
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $225,000 Old Republic Title Agency
Special Warranty Deed $65,400 First American Title Ins Co
Trustee Deed $215,287 None Available
Interfamily Deed Transfer -- Commonwealth Title
Interfamily Deed Transfer -- Chicago Title Insurance Co
Warranty Deed $39,900 Fidelity Title
Warranty Deed -- --
Warranty Deed $79,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 New Conventional
Previous Owner $196,200 Balloon
Previous Owner $154,700 Unknown
Previous Owner $116,750 Purchase Money Mortgage
Previous Owner $75,050 New Conventional
Closed $0 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $225,000 +2.3% --
05/06/2025 05/06/25 Pending -- -- --
04/22/2025 04/22/25 For Sale $220,000 -- --
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 $545 $4,459 $4,459 --
2024 $535 $4,247 $4,247 --
2023 $535 $28,860 $28,860 $0
2022 $518 $12,795 $12,795 $0
2021 $525 $8,850 $8,850 $0
2020 $512 $7,425 $7,425 $0
2019 $502 $5,850 $5,850 $0
2018 $489 $5,670 $5,670 $0
2017 $487 $5,100 $5,100 $0
2016 $478 $4,290 $4,290 $0
2015 $1,057 $8,400 $1,680 $6,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6855146

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-11-010L