NOT LISTED FOR SALE

2602 E Shangri la Rd Phoenix, AZ 85028

Paradise Valley Neighborhood

Estimated Value: $672,267 - $713,000

3 Beds
2 Baths
1,843 Sq Ft
$373/Sq Ft Est. Value

Last Sold March 09, 2023

Last sale price $618,000 $335 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,046/month

About This Home

As of March 2023

Beautiful cul-de-sac home in lovely North Phoenix neighborhood. Mature landscape creates an unbeatable curb appeal, and this rental property includes weekly landscape maintenance! Backyard is truly an oasis with beautiful grass, mature trees, and a covered patio. Inside you will find a tastefully updated home with engineered hardwood floors, a dedicated office space, remodeled bathrooms, stainless steel appliances, granite countertops, and white window shutters. Mountain views from property and close access to 51 freeway.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Mar 9, 2023
Sold by
Hakes Nancy R
Bought by
Levan Laura Arlene and Levan Garrett Andrew
Seller's Agent
Lindsay Fricks
NORTH&CO.
Buyer's Agent
Lindsay Fricks
Compass
List Price
$598,000
Sold Price
$618,000
Premium/Discount to List
$20,000
3.34%
Current Estimated Value
$688,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,317
Avg. Annual Appreciation
5.09%
Original Mortgage
$494,400
Outstanding Balance
$481,633
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$206,684

Purchase Details

Closed on
May 13, 1994
Sold by
Wingenroth Robert L and Wingenroth Lauri L
Bought by
Hakes Nancy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
8.56%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Levan Laura Arlene $618,000 Wfg National Title Insurance C
Hakes Nancy R $114,500 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levan Laura Arlene $494,400
Previous Owner Hakes Nancy R $50,000
Previous Owner Hakes Nancy R $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2023 10/29/23 Rented $2,995 0.0% --
10/20/2023 10/20/23 Under Contract -- -- --
09/18/2023 09/18/23 Price Changed $2,995 -4.9% $2 / Sq Ft
09/01/2023 09/01/23 For Rent $3,150 0.0% --
03/09/2023 03/09/23 Sold $618,000 +3.3% $335 / Sq Ft
02/09/2023 02/09/23 For Sale $598,000 -- $324 / Sq Ft

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 $2,762 $27,750 -- --
2024 $2,288 $26,429 -- --
2023 $2,288 $44,330 $8,860 $35,470
2022 $2,267 $34,520 $6,900 $27,620
2021 $2,304 $31,100 $6,220 $24,880
2020 $2,225 $29,850 $5,970 $23,880
2019 $2,235 $28,630 $5,720 $22,910
2018 $2,154 $26,070 $5,210 $20,860
2017 $2,057 $25,900 $5,180 $20,720
2016 $2,024 $23,720 $4,740 $18,980
2015 $1,878 $23,320 $4,660 $18,660
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tracy Champion

    Guardian Realty & Mgmt, Inc

    (602) 861-2300

    2 in this area

    11 Total Sales

    Tracy Champion
    Section Image

  • L

    Seller's Agent in 2023

    Lindsay Fricks

    North & Co

  • L

    Buyer's Agent in 2023

    Layne McDonald

    Century 21 Arizona Foothills

    (602) 559-8021

    7 Total Sales

    Layne McDonald
    Section Image
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Map

Arizona Maricopa County Phoenix 85028 Paradise Valley

2602 E Shangri la Rd, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 2602 E Shangri la Rd, Phoenix, AZ 85028 and is currently estimated at $688,317, approximately $373 per square foot. 2602 E Shangri la Rd is a home located in Maricopa County with nearby schools including Desert Cove Elementary School, Shea Middle School, and Shadow 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.

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