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2305 Shangri-La Lane

2305 Shangri-La Lane, Overgaard, AZ 85933
Property in Navajo
Sold Dec 10, 2020
$265,000
$238,500 by Bay Equity Llc
Mortgage Due Jan 01, 2051
Sold Jul 24, 2017
$162,000
2305 Shangri-La Lane in Overgaard, AZ was first built in 2008 and is 16 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. 2305 Shangri-La Lane has 910 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,307 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of wood siding. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2305 Shangri-La Lane sold most recently in Dec 4, 2020 for a total of $265,000. If you work out the math, that's approximately a cost of $291.21 per sqft. Before that, the property was also sold for $162,000 in Jul 21, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,232 in taxes each year. 2305 Shangri-La Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $22,266. If we break it down further, the land itself was valued at $805. Improvements to the property, however, were assessed at a total of $21,461. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Building Style: Condo
  • Exterior Walls Type: Wood siding
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,307
  • Total Building Area: 910
  • Gross Building Area: 910
  • Building Area: 910
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 910
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OVERGAARD SPRINGS RANCH
  • Land Acres: 0.03
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: SECTION 33, T12N, R17E: OVERGAARD SPRINGS RANCH UNIT II, A CONDOMINIUM PROJECT : UNIT 24 PER PLAT 25-12~15 & AMENDED PLAT 27-

Ownership

  • Current Owner : KREJCI JAMES L
  • Current Owner 2: KREJCI JOANNE L
  • Previous Owner : BOWERS JAMES E
  • Owner Before Previous Owner: ALEXANDER JUDY A
  • Owner Before Previous Owner 2: HUMPHREY ROBERT D
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Heber-Overgaard Unified District
  • Census Tract: 963700

Zoning

  • Zoning: SD

Geography

  • Subdivision Tract Number: A-C
  • Parcel: 206-55-024
  • Meridian: SEC 33 TWN 12N RNG 17E
  • Latitude: 34.3915
  • Longitude: -110.54

    Address

  • Full Address: 2305 Shangri La Ln
  • Legal Unit: 24
  • Address - House Number: 2305
  • Address - Street Name: Shangri La
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Overgaard
  • Carrier Code: R777
  • 4-Digit Zip Code: 5358
  • Zip Code: 85933

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,232
  • Tax Rate Code Area: 0607

    Appraisal Valuation

  • Standard Deviation: 0.4989
  • Valuation Date: Dec 13, 2023
  • Final Value: 287,027
  • High Value: 430,237
  • Low Value: 143,816

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $238,500
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Dec 10, 2020
  • First Open Lien Mortgage Loan Amount: $238,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $222,664
  • Market Land Value: $8,050
  • Market Improvement Value: $214,614

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $22,266
  • Assessed Land Value: $805
  • Assessed Improvements Value: $21,461

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Dec 10, 2020
  • Current Sale Transaction ID: 11806567473
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-25580
  • Previous Sale Recording Date: Jul 24, 2017
  • Previous Sale Contract Date: Jul 21, 2017
  • Previous Sale Amount: $162,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Dec 10, 2020
  • First Mortgage Loan Amount: $238,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About Navajo



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$3,000 /mo

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  • 3 Baths
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Frequently Asked Questions

What neighborhood is 2305 Shangri-La Lane located in?
The 2305 Shangri-La Lane is a located in the neighborhood of Navajo in Navajo, Overgaard.
What is the average sales price for listings in 2305 Shangri-La Lane?
The average sales price for units in 2305 Shangri-La Lane is $0 currently.

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