NOT LISTED FOR SALE

4553 E Shangri la Rd Phoenix, AZ 85028

Paradise Valley Neighborhood

Estimated Value: $1,136,000 - $1,609,382

4 Beds
2.5 Baths
3,434 Sq Ft
$424/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $675,000 $197 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $8,268/month

19 Days on Market

Highlights

  • RV Access or Parking
  • 0.42 Acre Lot
  • Santa Barbara Architecture
  • Sequoya Elementary School Rated A
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of July 2018

CURB appeal and N/S corner lot! Great 4 bedroom home in Premium location near 51, shopping and restaurants. Minutes to Paradise Valley Mall, golf courses, downtown professional district, retail and more! High ceilings, custom built home with family room fireplace, and spacious kitchen with tons of cabinetry and storage. Split floor plan, shows very light and bright. Large 3-car garage w/cabinetry/storage. See documents tab for pool proposal/quote. 43 Lots in community and NO HOA.

Last Agent to Sell the Property

Jan Kabbani

Russ Lyon Sotheby's International Realty License #SA518809000 Listed on: 06/22/2018

Last Buyer's Agent

Mina Torabi

Realty ONE Group License #SA658945000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,497

Year Built

  • Built in 1993

Lot Details

  • 0.42 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 3 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,434 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Solar Screens
  • Family Room with Fireplace
  • Tile Flooring
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Schools

  • Sequoya Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Zoned Heating and Cooling System
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 167-67-131

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Lynn Lea Heights Lot 1 43 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,497

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Tatum Blvd & Shea
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • 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: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1993
  • Tax Year: 2017
  • Directions: North on Tatum Blvd from Shea, West on Cholla, South on 46th St, West on Shangri La to corner home on South side.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.42
  • Subdivision Name: LYNN-LEA HEIGHTS LOT 1-43
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • 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
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop, Water Purifier
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, Central Vacuum, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 3434.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane, Tinted Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Cul-De-Sac, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Biking/Walking Path
  • 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

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Sequoya Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18128.0
  • Parcel #: 167-67-131

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3497.0
  • Tax Book Number: 167.00
  • Tax Lot: 39
  • Tax Map Number: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Jul 12, 2018
Sold by
Reak David
Bought by
Phoenix Property Llc
Seller's Agent
Jan Kabbani
Russ Lyon Sotheby's International Realty
Buyer's Agent
Mina Torabi
Realty ONE Group
List Price
$729,900
Sold Price
$675,000
Premium/Discount to List
-$54,900
-7.52%
Current Estimated Value
$1,456,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$781,596
Avg. Annual Appreciation
11.65%

Purchase Details

Listed on
Nov 12, 2015
Closed on
Jan 13, 2016
Sold by
Kai Deborah J
Bought by
Reak David
Seller's Agent
Amy Powers
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Jan Kabbani
The Brokery
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.52%
Original Mortgage
$520,000
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Phoenix Property Llc $675,000 Greystone Title Agency Llc
Reak David $650,000 First Arizona Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reak David $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $675,000 -5.6% $197 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
07/06/2018 07/06/18 Price Changed $715,000 -2.0% $208 / Sq Ft
06/22/2018 06/22/18 For Sale $729,900 +12.3% $213 / Sq Ft
01/19/2016 01/19/16 Sold $650,000 -3.7% $189 / Sq Ft
12/06/2015 12/06/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $675,000 -- $197 / 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 $4,162 $59,959 -- --
2024 $4,618 $57,104 -- --
2023 $4,618 $89,750 $17,950 $71,800
2022 $4,429 $68,370 $13,670 $54,700
2021 $4,590 $61,370 $12,270 $49,100
2020 $4,523 $58,330 $11,660 $46,670
2019 $4,353 $54,880 $10,970 $43,910
2018 $3,686 $48,810 $9,760 $39,050
2017 $3,497 $48,350 $9,670 $38,680
2016 $3,402 $48,060 $9,610 $38,450
2015 $3,128 $47,760 $9,550 $38,210
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jan Kabbani

    Russ Lyon Sotheby's International Realty

  • M

    Buyer's Agent in 2018

    Mina Torabi

    Realty One Group

    (480) 767-3000

    4 in this area

    25 Total Sales

    Mina Torabi
    Section Image
  • Amy Powers

    Seller's Agent in 2016

    Amy Powers

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 223-2529

    1 in this area

    18 Total Sales

    Amy Powers
    Section Image

  • J

    Buyer's Agent in 2016

    Jan ABR

    Coldwell Banker Success Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5784286

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-67-131

Arizona Maricopa County Phoenix 85028 Paradise Valley

4553 E Shangri la Rd, Phoenix, AZ

This home is located at 4553 E Shangri la Rd, Phoenix, AZ 85028 since 22 June 2018 and is currently estimated at $1,456,596, approximately $424 per square foot. This property was built in 1993. 4553 E Shangri la Rd is a home located in Maricopa County with nearby schools including Sequoya Elementary School, Cocopah Middle School, and Chaparral 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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