NOT LISTED FOR SALE

5330 E Shangri la Rd Scottsdale, AZ 85254

Paradise Valley Village Neighborhood

Estimated Value: $2,030,039 - $2,229,000

5 Beds
3 Baths
3,962 Sq Ft
$536/Sq Ft Est. Value

Last Sold November 06, 2018

Last sale price $990,000 $250 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $11,900/month

52 Days on Market

Highlights

  • Private Pool
  • RV Access or Parking
  • Vaulted Ceiling
  • Sequoya Elementary School Rated A
  • 1.34 Acre Lot
  • Granite Countertops

About This Home

As of November 2018

Gorgeous, large home. Perfect for multi-generational living. The long, serene culdesac leads you to a beautiful, 5 bed, 3 bath home. Brand new kitchen with 44 sf of pantry shelves, 6 ft stainless st. fridge, double ovens, and a marble, waterfall breakfast bar. Brand new bathrooms. Spacious master suite with office and gorgeous patio. Game room with wet bar, music room or library, 4 car garage with 1 pull-through bay and much more. Lot already boasts circular drive, volleyball, basketball, tree-shaded golf sand trap, wandering path, large pool and gigantic grassy side yard for play. You could add a batting cage, tennis, a workshop or a free standing guest house with no problem at all. Close to Tatum and Shea shopping, dining, golf, gyms, banking and pharmacies. Freeways are only a couple of miles away. 20 minutes to the airport, 10 minutes to award winning hospitals, and many award winning public and private schools are nearby.

Last Agent to Sell the Property

Lori Schneider

Compass License #SA567312000 Listed on: 08/14/2018

Compass

Last Buyer's Agent

Sandra Baldwin

Compass License #SA020884000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,474

Year Built

  • Built in 1979

Lot Details

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

Parking

  • 4 Car Direct Access Garage
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,962 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Low Emissivity Windows
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Pool Pump
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 167-63-041

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Desert Homes Lot 1 40 Subdivision

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,474

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Cross Street: 56th St & Shea Blvd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2017
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2014
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2016
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2016
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2016
  • Updated Room Addition: Partial
  • Items Updated Rm Adtn Yr Updated: 2006
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2006
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2015
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1979
  • Tax Year: 2017
  • Directions: North on 56th St, Left on Cholla. Left on 52nd St then Left on Shangri La Rd, down long culdesac to property at the very end.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.34
  • Subdivision Name: DESERT HOMES LOT 1-40
  • Architectural Style: Ranch
  • Efficiency: Load Controller, 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
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3962.0
  • Stories: 1
  • Window Features: Skylight(s), Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Private Yard, Sport Court(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump, Diving Pool, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Sport Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener, Direct Access, Circular Driveway, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • 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: 58564.0
  • Parcel #: 167-63-041

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 6474.0
  • Tax Book Number: 167.00
  • Tax Lot: 40
  • Tax Map Number: 63.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
Oct 31, 2018
Sold by
Gibson James D and Gibson Eileen M
Bought by
Vargas Matthew E and Vargas Kelly M
Seller's Agent
Lori Schneider
Compass
Buyer's Agent
Sandra Baldwin
Compass
List Price
$1,100,000
Sold Price
$990,000
Premium/Discount to List
-$110,000
-10%
Current Estimated Value
$2,123,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,133,680
Avg. Annual Appreciation
11.70%
Original Mortgage
$891,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 1997
Sold by
Twilley Robert C and Twilley Donna M
Bought by
Gibson James D and Gibson Eileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,900
Interest Rate
7.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List 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
Vargas Matthew E $990,000 Premier Title Agency
Gibson James D $359,900 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Matthew E $891,000
Previous Owner Gibson James D $323,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2018 11/06/18 Sold $990,000 -10.0% $250 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $1,100,000 0.0% $278 / Sq Ft
09/28/2018 09/28/18 Price Changed $1,100,000 +11.1% $278 / Sq Ft
09/22/2018 09/22/18 Off Market $990,000 -- --
08/14/2018 08/14/18 For Sale $1,199,999 -- $303 / 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 $7,689 $105,460 -- --
2024 $7,522 $100,438 -- --
2023 $7,522 $136,550 $27,310 $109,240
2022 $7,190 $102,350 $20,470 $81,880
2021 $7,474 $94,210 $18,840 $75,370
2020 $7,355 $88,960 $17,790 $71,170
2019 $7,057 $85,650 $17,130 $68,520
2018 $6,763 $81,170 $16,230 $64,940
2017 $6,474 $76,430 $15,280 $61,150
2016 $6,292 $74,950 $14,990 $59,960
2015 $5,718 $70,920 $14,180 $56,740
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lori Schneider

    Compass

    (602) 230-7600

    5 in this area

    22 Total Sales

    Lori Schneider
    Section Image

  • S

    Buyer's Agent in 2018

    Sandra Baldwin

    Compass

    Section Image

  • L

    Buyer Co-Listing Agent in 2018

    Lori Murphy

    Compass

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5806504

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-63-041

Arizona Maricopa County Scottsdale 85254 Paradise Valley Village

5330 E Shangri la Rd, Scottsdale, AZ

This home is located at 5330 E Shangri la Rd, Scottsdale, AZ 85254 since 14 August 2018 and is currently estimated at $2,123,680, approximately $536 per square foot. This property was built in 1979. 5330 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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