NOT LISTED FOR SALE

408 Shangri la Cir Edgewater, FL 32132

Estimated Value: $194,000 - $251,000

2 Beds
2 Baths
1,176 Sq Ft
$191/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $222,000 $189 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,431/month

About This Home

Just starting fresh? First time buying? Retiring? Snow-birding? Investing? Whichever the case is, we can agree that its better than renting. However, if you are looking for an opportunity, this maybe the one you're looking for. Shangri-La is a quiet community right in the heart of Edgewater and only two short blocks from the river. Also within a few minutes is shopping, dinning, great schools, and of course the beach. Now that you know the area, let's talk about the house. This 2 bedroom/2 bath has been an excellent rental cash cow for the last few years and has still not reached its full potential. The roof is new which is a huge plus and gives a great feeling of safety during hurricane season. Enjoy preparing meals in the very large kitchen with breakfast nook and eat in countertop. The natural light flows right through this adorable abode keeping the light bill down. Your living/dining room combo is substantial in size and gives a nice big open feel with the volume ceilings. The floor plan is split, which is nice for privacy, keeping the guest bedroom on the opposite side of the master suite. NOW, if you absolutely needed another bedroom, then the bonus room would work. However the bonus room can be anything that your heart desires. Let your imagination run wild but remember the bonus room currently has access to the master bedroom through a sliding door and also is the access to the screen enclosure out back. So keep that in mind. Out back is a sweet little chill area. I mean not only is it covered and enclosed by screen but it sits on the pond. This pond has a pretty and well maintained fountain on the cul-de-sac that overlooks the YMCA ball fields. So as you can see that no matter what you may be looking for this house checks most boxes. So call today and let's get you a private showing ASAP before your dream is someones else's reality!!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2018
Sold by
Buhr James E
Bought by
George James L and George Carol Ann
Current Estimated Value
$224,457

Purchase Details

Closed on
Oct 13, 2015
Sold by
Wirth Theodore L
Bought by
Buhr Family Revocable Living Trust

Purchase Details

Closed on
Jun 16, 2015
Sold by
France Kathleen
Bought by
Wirth Theodore L

Purchase Details

Closed on
Mar 19, 1999
Sold by
Major Virginia L and Kohms Virginia L
Bought by
Wirth Maureen F

Purchase Details

Closed on
Sep 15, 1988
Bought by
Buhr James E Tr

Purchase Details

Closed on
Jan 15, 1986
Bought by
Buhr James E Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
George James L $130,000 Inlet Title Company Inc Of V
Buhr Family Revocable Living Trust $105,000 Professional Title Agency In
Wirth Theodore L -- Attorney
Wirth Maureen F $68,000 --
Buhr James E Tr $100 --
Buhr James E Tr $54,300 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2023 09/28/23 Sold $222,000 0.0% $189 / Sq Ft View Prior Sale
08/10/2023 08/10/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $222,000 -- $189 / Sq Ft

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 $2,697 $189,706 $15,960 $173,746
2025 $2,697 $189,899 $15,960 $173,939
2024 $3,058 $189,843 $15,960 $173,883
2023 $3,058 $182,815 $15,960 $166,855
2022 $2,815 $165,121 $15,960 $149,161
2021 $2,551 $124,120 $14,250 $109,870
2020 $2,433 $119,496 $14,250 $105,246
2019 $2,274 $106,915 $14,440 $92,475
2018 $2,094 $98,493 $10,450 $88,043
2017 $1,989 $92,073 $9,500 $82,573
2016 $1,887 $79,110 $0 $0
2015 $1,672 $70,138 $0 $0
2014 -- $64,094 $0 $0
Source: Public Records

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