NOT LISTED FOR SALE

Estimated Value: $555,000 - $629,000

4 Beds
2 Baths
2,066 Sq Ft
$286/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $283,455 $137 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,318/month

Highlights

  • Granite Countertops
  • No HOA
  • Grass Covered Lot
  • Desert Cove Elementary School Rated A-
  • Breakfast Bar
  • 1-Story Property

About This Home

As of September 2019

This home is located at 2927 E Shangri la Rd, Phoenix, AZ 85028 since 08 September 2019 and is currently estimated at $591,189, approximately $286 per square foot. This property was built in 1961. 2927 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.

Last Agent to Sell the Property

Gretchen Laird

Keller Williams Integrity First License #SA646878000 Listed on: 09/08/2019

Keller Williams Integrity First

Last Buyer's Agent

Gretchen Laird

Keller Williams Integrity First License #SA646878000 Listed on: 09/08/2019

Keller Williams Integrity First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,056

Year Built

  • Built in 1961

Lot Details

  • 9,392 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,066 Sq Ft Home
  • 1-Story Property

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Desert Cove Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Built by Womack
  • Melrose Paradise 2 Amd Subdivision

Listing and Financial Details

  • Tax Lot 167
  • Assessor Parcel Number 166-47-044

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,056

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 32nd Street and Shea
  • Legal Info Range: 3E
  • Property Type: Residential
  • Association Fees Community Facilities District: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1961
  • Tax Year: 2019
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.22
  • Subdivision Name: MELROSE PARADISE 2 AMD
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 3/4 Bath Master Bdrm, Granite Counters
  • Living Area: 2066.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Arizona RoomLanai: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • 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 Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Desert Cove Elementary School
  • High School: Shadow Mountain High School
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9392.0
  • Parcel #: 166-47-044
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Womack

Tax Info

  • Tax Annual Amount: 2056.0
  • Tax Book Number: 166.00
  • Tax Lot: 167
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2021
Sold by
Monrad Barbara Jean
Bought by
Petersheim Susan E and The Susan E Petersheim Trust
Total Days on Market
0
Current Estimated Value
$591,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$183,424
Interest Rate
2.9%
Mortgage Type
Seller Take Back
Estimated Equity
$381,640

Purchase Details

Listed on
Sep 8, 2019
Closed on
Sep 21, 2019
Sold by
Groseclose John David and The Estate Of Karen Anne Grose
Bought by
Monrad Barbara Jean
Seller's Agent
Gretchen Laird
Keller Williams Integrity First
Buyer's Agent
Gretchen Laird
Keller Williams Integrity First
List Price
$283,455
Sold Price
$283,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%

Purchase Details

Closed on
Jul 1, 2002
Sold by
Akins Tracey Thomas
Bought by
Groseclose David A and Groseclose Karen A
Source: Public Records

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Range of Values:

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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
Petersheim Susan E $415,800 Security Title Agency Inc
Monrad Barbara Jean $283,455 Security Title Agency Inc
Groseclose David A $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petersheim Susan E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $283,455 0.0% $137 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
09/07/2019 09/07/19 For Sale $283,455 -- $137 / 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 $2,154 $25,531 -- --
2024 $2,105 $24,316 -- --
2023 $2,105 $42,500 $8,500 $34,000
2022 $2,085 $33,710 $6,740 $26,970
2021 $2,120 $30,680 $6,130 $24,550
2020 $2,394 $29,380 $5,870 $23,510
2019 $2,056 $27,000 $5,400 $21,600
2018 $1,982 $24,520 $4,900 $19,620
2017 $1,704 $22,620 $4,520 $18,100
2016 $1,677 $21,800 $4,360 $17,440
2015 $1,556 $19,780 $3,950 $15,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5975791

Arizona Regional Multiple Listing Service (ARMLS)

APN: 166-47-044