NOT LISTED FOR SALE

1712 W Shangri la Rd Phoenix, AZ 85029

North Mountain Village Neighborhood

Estimated Value: $514,053 - $629,000

-- Bed
-- Bath
3,248 Sq Ft
$171/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $400,000 $123 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,104/month

5 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Sunnyslope High School Rated A

About This Home

As of February 2021

Fourplex fully occupied all 2 bed/1 baths. Needs a lot of work.

Last Agent to Sell the Property

Lauren Rosin

eXp Realty License #BR558852000 Listed on: 12/23/2020

eXp Realty

Co-Listed By

John Galaviz

eXp Realty License #BR673471000

Last Buyer's Agent

Lauren Rosin

eXp Realty License #BR558852000 Listed on: 12/23/2020

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,559

Year Built

  • Built in 1971

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • Carport
  • Over 1 Space Per Unit
  • Assigned Parking

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, landscaping
  • Assessor Parcel Number 159-12-046-L

Community Details

Overview

  • 4 Units
  • Building Dimensions are 123.47x123.47

Building Details

  • Operating Expense $6,459
  • Gross Income $26,400
  • Net Operating Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,559

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: 19th Ave and Cholla
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2020
  • Directions: 19th ave and Cholla
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: xpre22
  • Co List Office Phone: 480-420-4455
  • Tax Parcel Letter: L
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Electric: APS
  • Cooling: Individual
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:PatioBalcony: Yes

Fee Information

  • Annual Water Sewer Expense: 2800.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 123.47x123.47
  • Additional Parcels: No
  • Parcel #: 159-12-046-L

Multi Family

  • Owner Pays: Other, See Remarks, Trash Collection, Water, Landscaping
  • Number Of Units Total: 4
  • Electric Expense: 600.0
  • Annual Gross Income: 26400.0
  • Insurance Expense: 1500.0
  • Property Net Operating Income: 19200.0
  • Annual Operating Expense: 6459.0

Tax Info

  • Tax Annual Amount: 1559.0
  • Tax Book Number: 159.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Feb 1, 2021
Sold by
Vig Vaughn
Bought by
Kosse Michael
Seller's Agent
Lauren Rosin
eXp Realty
Buyer's Agent
Lauren Rosin
eXp Realty
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$557,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,013
Avg. Annual Appreciation
7.36%
Original Mortgage
$300,000
Outstanding Balance
$267,851
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$289,162

Purchase Details

Closed on
Jan 31, 2018
Sold by
Edwards Gloria
Bought by
Vig Vaughn
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kosse Michael $400,000 Gold Title Agency
Vig Vaughn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kosse Michael $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2021 02/05/21 Sold $400,000 0.0% $123 / Sq Ft
12/23/2020 12/23/20 For Sale $400,000 -- $123 / Sq Ft
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 $1,662 $13,589 -- --
2024 $1,632 $12,942 -- --
2023 $1,632 $53,570 $10,710 $42,860
2022 $1,579 $37,070 $7,410 $29,660
2021 $1,599 $31,120 $6,220 $24,900
2020 $1,559 $27,200 $5,440 $21,760
2019 $1,531 $23,200 $4,640 $18,560
2018 $1,490 $19,280 $3,850 $15,430
2017 $1,483 $15,870 $3,170 $12,700
2016 $1,456 $15,280 $3,050 $12,230
2015 $1,348 $13,120 $2,620 $10,500
Source: Public Records

Agents Affiliated with this Home

  • Lauren Rosin

    Seller's Agent in 2021

    Lauren Rosin

    eXp Realty

    (480) 744-4604

    26 in this area

    809 Total Sales

    Lauren Rosin
    Section Image
  • John Galaviz

    Seller Co-Listing Agent in 2021

    John Galaviz

    eXp Realty

    (623) 215-5659

    2 in this area

    121 Total Sales

    John Galaviz
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6175020

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-12-046L

Arizona Maricopa County Phoenix 85029 North Mountain Village

1712 W Shangri la Rd, Phoenix, AZ

This home is located at 1712 W Shangri la Rd, Phoenix, AZ 85029 since 23 December 2020 and is currently estimated at $557,013, approximately $171 per square foot. This property was built in 1971. 1712 W Shangri la Rd is a home located in Maricopa County with nearby schools including Shaw Butte School, Royal Palm Middle School, and Sunnyslope 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

Nearby Homes