NOT LISTED FOR SALE

2302 Shangri la Ln Overgaard, AZ 85933

Estimated Value: $300,000 - $334,400

3 Beds
2 Baths
1,248 Sq Ft
$250/Sq Ft Est. Value

Last Sold November 05, 2024

Last sale price $295,000 $236 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,025/month

245 Days on Market

Highlights

  • Gated Community
  • Waterfront
  • Clubhouse
  • Capps Elementary School Rated A-
  • Pine Trees
  • Vaulted Ceiling

About This Home

As of November 2024

A cabin in a remote beautiful place where life approaches perfection - Your real-life Shangri-la! Two hours away from the hustle and bustle so you can relax on the front porch gazing at the pond glistening in the sun. Located in a gated community with multiple ponds and Majestic Recreational Center available for use for your private events. Brand New ROOF installed just last week so PEACE of MIND! Take in the rustic knotty pine floors, Tongue and Groove ceilings and peeled pole beams that are repurposed from the Rodeo-Chediski fire. Enjoy a glass of wine at the granite counter breakfast bar with slate backsplash. Sip hot chocolate by the river-rock stone fireplace on the cold winter nights. Two spacious bedrooms down and a loft-style master bedroom complete with full bathroom.

Last Agent to Sell the Property

Angela McMahon

Keller Williams Arizona Realty - Pinetop License #SA045418000 Listed on: 02/01/2024

Keller Williams Arizona Realty - Pinetop

Last Buyer's Agent

David Eisley

Keller Williams Arizona Realty - Pinetop License #SA699770000

Keller Williams Arizona Realty - Pinetop

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,289

Year Built

  • Built in 2008

Lot Details

  • 1,307 Sq Ft Lot
  • Waterfront
  • Property fronts a private road
  • Pine Trees
  • Property is zoned SD

HOA Fees

  • $158 Monthly HOA Fees

Home Design

  • Cabin
  • Stem Wall Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Great Room
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Possible Extra Bedroom
  • 2 Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Deck

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 206-55-017

Community Details

Overview

  • Mandatory home owners association

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,289

Year Built

Built in 2008

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Additional Parcels YN: No
  • Estimated Number of Acres: 0.03
  • Estimated Sq Ft: 1248.00
  • Assessor Parcel Number: 206-55-017
  • Bathroom Features: Full Bath, Granite, Shower, Tub/Shower
  • Co Selling Member Short Id: MillTony
  • Directions: Hwy to Overgaard Springs Ranch through the gate (call for code). Veer right then left on Shangri-La Ln. Home is on left behind the first home.
  • Fees Frequency: Quarterly
  • Fireplace Wood Stove: Fireplace
  • Fireplace Woodstove2: Gas Fireplace
  • HOA Fees: 475.00
  • Listing Member Name: Angela M McMahon
  • Listing Office Short Id: KWArizona
  • O W C: No
  • Property Adjoins: Private
  • Prop. Type: Residential
  • List Price Range: R17E
  • Residential Type: Site Built
  • Selling Member Short Id: Davieisl
  • Selling Office Short Id: KWArizona
  • Building Style: Cabin, Log Sided
  • Subdivision Neighborhood: Overgaard Springs Ranch
  • Trees On Property: Yes
  • Year Built: 2008
  • Zoning Manual: SD
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Wood
  • Has Basement: No
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Eating Area: Breakfast Bar, Eat-In Kitchen, Living/Dining Room Combo
  • Interior Amenities: Dual Pane Windows, Smoke Detector, Vaulted Ceiling
  • Kitchen Features: Built-In Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Laundry: Dryer, In Hallway, Washer
  • Other Rooms: Balcony/Loft, Great Room, Potential Bedroom

Exterior Features

  • Exterior Construction: Wood Frame
  • Exterior Features: Deck - Covered, Gated Community, In the Trees, Tall Pines On Lot, Waterfront
  • Foundation: Stemwall
  • Horses Allowed On Property: No
  • Road Maintenance: Private Maintained Road
  • Roof: Pitched, Shingle

Garage/Parking

  • Carport: No
  • Garage Spaces: No

Utilities

  • Cooling: Central A/C
  • Heating: Forced Air
  • Power Available: Yes
  • Sewer Available: Yes
  • Utilities Available: Bottled Gas, Electric - Individual Metered, Metered Water, Navopache, Sewer
  • Water Available: Yes
  • Water Heater: Electric, Over 30 Gallons

Condo/Co-op/Association

  • HOA: Yes
  • Homeowners Assn: Clubhouse, Mandatory

Fee Information

  • Taxes: 1288.54

Schools

  • School District: Heber/Overgaard

Tax Info

  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Oct 29, 2024
Sold by
Manginelli Family Trust and Manginelli Dominick
Bought by
Schaefer Wendy
Seller's Agent
Angela McMahon
Keller Williams Arizona Realty - Pinetop
Buyer's Agent
David Eisley
Keller Williams Arizona Realty - Pinetop
List Price
$350,000
Sold Price
$295,000
Premium/Discount to List
-$55,000
-15.71%
Views
261
Current Estimated Value
$334,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,332
Avg. Annual Appreciation
5.31%
Original Mortgage
$100,000
Outstanding Balance
$96,233
Interest Rate
5.15%
Mortgage Type
New Conventional
Estimated Equity
$216,367

Purchase Details

Closed on
May 22, 2014
Sold by
Frazier Ouita Sami
Bought by
The Manginelli Family Trust

Purchase Details

Closed on
Apr 22, 2011
Sold by
Heber Overgaard Ranch Llc
Bought by
Frazier Ouita Sami
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schaefer Wendy $295,000 Pioneer Title Agency
The Manginelli Family Trust $112,500 Lawyers Title
Frazier Ouita Sami $135,900 Lawyers Title Of Arizona
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaefer Wendy $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2024 11/05/24 Sold $295,000 -1.3% $236 / Sq Ft
10/25/2024 10/25/24 Off Market $299,000 -- --
10/03/2024 10/03/24 Pending -- -- --
09/24/2024 09/24/24 Price Changed $299,000 -8.0% $240 / Sq Ft
07/02/2024 07/02/24 Price Changed $325,000 -5.8% $260 / Sq Ft
05/15/2024 05/15/24 Price Changed $345,000 -1.4% $276 / Sq Ft
02/01/2024 02/01/24 For Sale $350,000 -- $280 / Sq Ft
Source: White Mountain Association of REALTORS®

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
2026 $1,322 -- -- --
2025 $1,289 $23,096 $805 $22,291
2024 $1,289 $23,215 $805 $22,410
2023 $1,289 $22,013 $700 $21,313
2022 $1,229 $0 $0 $0
2021 $1,215 $0 $0 $0
2020 $1,180 $0 $0 $0
2019 $1,080 $0 $0 $0
2018 $1,030 $0 $0 $0
2017 $993 $0 $0 $0
2016 $946 $0 $0 $0
2015 $881 $8,546 $900 $7,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: White Mountain Association of REALTORS®

MLS Number: 249353

White Mountain Association of REALTORS®

APN: 206-55-017