NOT LISTED FOR SALE

1720 W Shangri la Rd Phoenix, AZ 85029

North Mountain Village Neighborhood

Estimated Value: $447,000 - $704,000

1 Bed
-- Bath
3,220 Sq Ft
$188/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $117,000 $36 Per Sq Ft

Est. 418% increase in value since last sale

Current estimated payment $3,321/month

41 Days on Market

Highlights

  • Cooling Available
  • Sunnyslope High School Rated A
  • Heating Available

About This Home

As of March 2014

Fully occupied 4plex paying $400 for each unit per month. Tenants are long term on month to month. Solid brick construction, (2-entry, front back) Ample parking

Last Agent to Sell the Property

Avril Hogan

ARC Real Estate License #BR549153000 Listed on: 01/21/2014

Last Buyer's Agent

Joseph Pecha

Valley Signature Real Estate License #SA625938000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $903

Year Built

  • Built in 1970

Lot Details

  • 10,759

Home Design

  • Composition Roof
  • Block Exterior

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 159-12-046-M

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10000

Building Details

  • Operating Expense $903

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$903

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: 19th ave & Shangri la Rd S of Peoria
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: res
  • Number Of Buildings: 1
  • Year Built: 1970
  • Tax Year: 2013
  • Directions: 1720 W Shangri La Rd Phoenix, AZ 85029 ý Use Peoria Rd (avoid light rail construction at dunlap). East on Shangri La to property, N side (west building)
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: M
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None, Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks
  • Amenities: Other

Association/Amenities

  • Community Amenities:Other18: Yes
  • Community Amenities:See Remarks15: Yes

Lot Info

  • Lot Size: 10000
  • Additional Parcels: No
  • Parcel #: 159-12-046-M

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 903.0

Tax Info

  • Tax Annual Amount: 903.0
  • Tax Book Number: 159.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2014
Closed on
Mar 13, 2014
Sold by
Central Holdings Llc
Bought by
Pecha Joseph and Pecha Catherine
Seller's Agent
Avril Hogan
ARC Real Estate
Buyer's Agent
Joseph Pecha
Valley Signature Real Estate
List Price
$130,000
Sold Price
$117,000
Premium/Discount to List
-$13,000
-10%
Current Estimated Value
$606,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,000
Avg. Annual Appreciation
15.35%
Original Mortgage
$160,000
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 21, 2014
Closed on
Jan 30, 2014
Sold by
Natco Holdings Llc
Bought by
Central Holdings Llc
Seller's Agent
Avril Hogan
ARC Real Estate
Buyer's Agent
Joseph Pecha
Valley Signature Real Estate
List Price
$130,000
Sold Price
$117,000
Premium/Discount to List
-$13,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2013
Sold by
Natco Holdings Llc
Bought by
Central Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2013
Sold by
Marcus Narcis and Marcus Monica
Bought by
Natco Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2002
Sold by
England William A
Bought by
Marcus Narcis and Marcus Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,450
Interest Rate
6.37%
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 Buyer Sale Price Title Company
Pecha Joseph $110,000 American Title Service Agenc
Central Holdings Llc -- Security Title Agency
Central Holdings Llc -- Accommodation
Natco Holdings Llc $72,300 Accommodation
Marcus Narcis $162,450 American Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Central Holdings Llc $160,000
Previous Owner Central Holdings Llc $74,000
Previous Owner Marcus Narcis $146,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2014 03/31/14 Sold $117,000 -10.0% $36 / Sq Ft
02/23/2014 02/23/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $130,000 -- $40 / 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 $1,297 $10,604 -- --
2024 $1,273 $10,099 -- --
2023 $1,273 $49,020 $9,800 $39,220
2022 $1,232 $34,580 $6,910 $27,670
2021 $1,248 $28,460 $5,690 $22,770
2020 $1,217 $24,730 $4,940 $19,790
2019 $1,194 $21,520 $4,300 $17,220
2018 $1,163 $17,970 $3,590 $14,380
2017 $1,157 $14,710 $2,940 $11,770
2016 $1,136 $13,970 $2,790 $11,180
2015 $1,052 $10,510 $2,100 $8,410
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Avril Hogan

    ARC Real Estate

    (602) 524-3824

    1 Total Sale

    Avril Hogan
    Section Image

  • J

    Buyer's Agent in 2014

    Joseph Pecha

    Valley Signature Real Estate

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5057284

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-12-046M

Arizona Maricopa County Phoenix 85029 North Mountain Village

1720 W Shangri la Rd, Phoenix, AZ

This home is located at 1720 W Shangri la Rd, Phoenix, AZ 85029 since 21 January 2014 and is currently estimated at $606,000, approximately $188 per square foot. This property was built in 1970. 1720 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

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