NOT LISTED FOR SALE

12347 E Shangri la Rd Scottsdale, AZ 85259

Shea Corridor Neighborhood

Estimated Value: $2,315,000 - $2,651,000

4 Beds
4.5 Baths
4,614 Sq Ft
$538/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $2,250,000 $488 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $13,785/month

30 Days on Market

Highlights

  • Play Pool
  • RV Access or Parking
  • Mountain View
  • Anasazi Elementary School Rated A
  • 1.4 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of February 2024

Don't miss this gem! Fabulous one-of-a-kind custom contemporary masterpiece on 1.4 acres w/ mountain views! Perfect split floorplan! High quality finishes distinguish every room, from new quartz countertops thru-out, GE Monogram refrigerator, Thermador gas cooktop, Viking double ovens, travertine tile, 2 custom gas fireplaces w/tile, game room w/wet-bar, home office, exercise room, custom walk-in closets T/O, fabulous entertaining backyard w/new outdoor kitchen incl. Turbo Elite grill w/2 burners, frig., sink, cooler next to the gorgeous negative edge pool w/waterfall & swim-up bar, large wrap around patio, PRIVATE lit pickleball court & large deck for home tournaments! Large side yard for guest house, boat, RV. NO HOA! This home is an entertainer's dream you'll want to call your own! There are too many features to list so please check out all of the Features and Upgrades in the Document Tab along with the walking video tour of the home! Lot is large enough for huge outdoor parties and weddings and events! Great floor plan with quality, character and warmth! All in the Scottsdale Unified School District, walking distance to the Elementary School, Middle School and Desert Mountain High School and close to Lost Dog Hiking Trail and many other hiking trails, easy access to 101 freeway and close to all of the many amenities Scottsdale has to offer! This home is really special and one you won't want to miss!

Last Agent to Sell the Property

Nancy Tomback

Russ Lyon Sotheby's International Realty License #SA028415000 Listed on: 01/15/2024

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

John Selman

Engel & Voelkers Scottsdale License #BR646827000

Engel & Voelkers Scottsdale

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,322

Year Built

  • Built in 2002

Lot Details

  • 1.4 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Artificial Turf
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

Parking

  • 3.5 Car Direct Access Garage
  • 9 Open Parking Spaces
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Room Addition Constructed in 2022
  • Roof Updated in 2023
  • Wood Frame Construction
  • Spray Foam Insulation
  • Foam Roof
  • Stucco

Interior Spaces

  • 4,614 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Tinted Windows
  • Roller Shields
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Security System Owned

Kitchen

  • Kitchen Updated in 2022
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Floors Updated in 2022
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Bathroom Updated in 2022
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Pool Updated in 2021
  • Play Pool

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue
  • Playground

Schools

  • Anasazi Elementary School
  • Mountainside Middle School
  • Desert Mountain High School

Utilities

  • Cooling System Updated in 2023
  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 217-39-024-A

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Mcdowell Acres Subdivision

Recreation

  • Pickleball Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,322

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Via Linda and 124th Street
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2022
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2022
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2023
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2022
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2017
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2021
  • Updated Room Addition: Partial
  • Items Updated Rm Adtn Yr Updated: 2022
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2023
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2017
  • Parking Spaces Slab Parking Spaces: 9.0
  • Parking Spaces Total Covered Spaces: 3.5
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2002
  • Tax Year: 2023
  • Directions: South on 124th Street to Shangri La - right turn and home is on the left!
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.4
  • Subdivision Name: MCDOWELL ACRES
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop, Water Purifier
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Other, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Roller Shields, Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4614.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, Mechanical Sun Shds, Tinted Windows, Vinyl Frame
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Playground, Private Pickleball Court(s), Other, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Cul-De-Sac, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction:Spray Foam Insulatn: Yes
  • Exterior Features:Private Pickleball Court(s): Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 3.5
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, Circular Driveway, Attch'd Gar Cabinets, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 3.5
  • Open Parking Spaces: 9.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Other7: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Anasazi Elementary
  • High School: Desert Mountain High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mountainside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 61158.0
  • Parcel #: 217-39-024-A

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 7322.0
  • Tax Book Number: 217.00
  • Tax Lot: 24
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Feb 29, 2024
Sold by
Guttman Family Trust
Bought by
Flower Creek Trust and Cardella
Seller's Agent
Nancy Tomback
Russ Lyon Sotheby's International Realty
Buyer's Agent
John Selman
Engel & Voelkers Scottsdale
List Price
$2,649,000
Sold Price
$2,250,000
Premium/Discount to List
-$399,000
-15.06%
Views
33
Current Estimated Value
$2,483,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,495
Avg. Annual Appreciation
6.28%

Purchase Details

Closed on
Mar 7, 2018
Sold by
Guttman Jerry L and Guttman Lori B
Bought by
Guttman Jerry L and Guttman Lori B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
4.15%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 5, 2012
Sold by
Guttman Jerry L and Guttman Lori B
Bought by
Guttman Trust and Guttman Jerry L

Purchase Details

Closed on
Feb 6, 2007
Sold by
Guttman Jerry L and Guttman Lori B
Bought by
Guttman Jerry L and Guttman Lori B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2003
Sold by
Guttman Jerry L and Guttman Lori B
Bought by
Guttman Jerry L and Guttman Lori B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2002
Sold by
Guttman Jerry L
Bought by
Guttman Jerry L and Guttman Lori B

Purchase Details

Closed on
Oct 25, 2002
Sold by
Guttman Lori B
Bought by
Guttman Jerry L

Purchase Details

Closed on
Jun 3, 2002
Sold by
Guttman Jerry L and Guttman Lori B
Bought by
Guttman Jerry L and Guttman Lori B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
6%

Purchase Details

Closed on
Aug 15, 2001
Sold by
Guttman Jerry L and Guttman Lori B
Bought by
Guttman Jerry L and Guttman Lori B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.37%

Purchase Details

Closed on
Jun 4, 2001
Sold by
Guttman Jerry L
Bought by
Guttman Jerry L and Guttman Lori B

Purchase Details

Closed on
Dec 13, 2000
Sold by
Walker/Long Holdings Inc
Bought by
Cardosi Paul B and Cardosi Annette M

Purchase Details

Closed on
Aug 20, 1997
Sold by
Walker/Long Holdings Inc
Bought by
Prato Anthony C and Prato Vivian

Purchase Details

Closed on
Sep 7, 1994
Sold by
Long John H and Long Margaret K
Bought by
Walker Long Holdings Inc

Purchase Details

Closed on
Aug 29, 1994
Sold by
Winters David M
Bought by
Long John H and Long Margaret K
Source: Public Records

Range of Values:

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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
Flower Creek Trust $2,250,000 Equity Title Agency
Guttman Jerry L -- American Title Service Agenc
Guttman Trust -- None Available
Guttman Jerry L -- None Available
Guttman Jerry L -- North American Title Co
Guttman Jerry L -- North American Title Co
Guttman Jerry L -- Security Title Agency
Guttman Jerry L -- Security Title Agency
Guttman Jerry L -- Security Title Agency
Guttman Jerry L -- Security Title Agency
Guttman Jerry L -- Security Title Agency
Guttman Jerry L -- Security Title Agency
Guttman Jerry L -- Security Title Agency
Guttman Jerry L -- --
Cardosi Paul B $160,000 Security Title Agency
Prato Anthony C $20,000 Security Title
Walker Long Holdings Inc $70,000 Security Title Agency
Long John H $70,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guttman Jerry L $980,000
Previous Owner Guttman Jerry L $1,000,000
Previous Owner Guttman Jerry L $609,000
Previous Owner Guttman Jerry L $570,000
Previous Owner Guttman Jerry L $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $2,250,000 -10.0% $488 / Sq Ft
02/07/2024 02/07/24 Price Changed $2,500,000 -5.6% $542 / Sq Ft
01/15/2024 01/15/24 For Sale $2,649,000 -- $574 / 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 $7,415 $118,458 -- --
2024 $7,322 $112,817 -- --
2023 $7,322 $150,180 $30,030 $120,150
2022 $6,916 $120,310 $24,060 $96,250
2021 $7,386 $109,050 $21,810 $87,240
2020 $7,316 $102,210 $20,440 $81,770
2019 $7,039 $101,100 $20,220 $80,880
2018 $6,797 $96,920 $19,380 $77,540
2017 $6,484 $91,180 $18,230 $72,950
2016 $6,347 $83,850 $16,770 $67,080
2015 $6,012 $78,680 $15,730 $62,950
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Nancy Tomback

    Russ Lyon Sotheby's International Realty

    Section Image
  • John Selman

    Buyer's Agent in 2024

    John Selman

    Engel & Voelkers Scottsdale

    (480) 220-0875

    3 in this area

    43 Total Sales

    John Selman
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6650564

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-39-024A

Arizona Maricopa County Scottsdale 85259 Shea Corridor

12347 E Shangri la Rd, Scottsdale, AZ

This home is located at 12347 E Shangri la Rd, Scottsdale, AZ 85259 since 15 January 2024 and is currently estimated at $2,483,495, approximately $538 per square foot. This property was built in 2002. 12347 E Shangri la Rd is a home located in Maricopa County with nearby schools including Anasazi Elementary School, Mountainside Middle School, and Desert 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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