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3437 West Shangri La Road

3437 West Shangri La Road, Phoenix, AZ 85029
Property in North Mountain
Sold Mar 04, 2021
$245,000
$240,562 by Fairway Independent Mortgage C
Mortgage Due Apr 01, 2051
Sold Jan 14, 2016
$145,000
$142,373 by Movement Mortgage
Mortgage Due Feb 01, 2046
3437 West Shangri La Road has been categorized by the local assessors in Phoenix, AZ as a residential type of property. The building on the property was first built in 1970 and is 54 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3437 West Shangri La Road has 1,260 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,602 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of block. The inside of the home is being cooled with a refrigeration air conditioning system at the moment. In terms of heating, it is utilizing a heating system. 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, 3437 West Shangri La Road sold most recently in Feb 19, 2021 for a total of $245,000. If you work out the math, that's approximately a cost of $194.44 per sqft. Before that, the property was also sold for $145,000 in Dec 7, 2015. 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 $870 in taxes each year. 3437 West Shangri La Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $22,550. If we break it down further, the land itself was valued at $4,510. Improvements to the property, however, were assessed at a total of $18,040. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,602
  • Total Building Area: 1,260
  • Gross Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,260
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KNOELL NORTH UNIT 4
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KNOELL NORTH UNIT 4 MCR 122-48

Ownership

  • Current Owner : HERNANDEZ PERLA
  • Previous Owner : COX LARENDA K REECE
  • Owner Before Previous Owner: MYLIUS FREDERICK G
  • Owner Before Previous Owner 2: FG MYLIUS FAMILY 1990 REVOCABL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washington Elementary District
  • Census Tract: 104301

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 12248
  • Parcel: 149-18-427
  • Lot: 422
  • Meridian: SEC 23 TWN 3N RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.587
  • Longitude: -112.133

    Address

  • Full Address: 3437 W Shangri La Rd
  • Address - House Number: 3437
  • Street Direction: W
  • Address - Street Name: Shangri La
  • Address - Suffix Type: Rd
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C048
  • 4-Digit Zip Code: 4130
  • Zip Code: 85029

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $870
  • Tax Rate Code Area: 061300

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 335,942
  • High Value: 389,133
  • Low Value: 282,751

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $247,779
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Mar 04, 2021
  • First Open Lien Mortgage Loan Amount: $240,562
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051
  • Second Open Lien Mortgage Lender: ARIZONA INDUSTRIAL DEVELOPMENT
  • Second Open Lien Mortgage Recording Date: Apr 07, 2021
  • Second Open Lien Mortgage Loan Amount: $7,217
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Market Valuation

  • Market Total Value: $225,500
  • Market Land Value: $45,100
  • Market Improvement Value: $180,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,550
  • Assessed Land Value: $4,510
  • Assessed Improvements Value: $18,040

    Sales

  • Current Sale Contract Date: Feb 19, 2021
  • Current Sale Recording Date: Mar 04, 2021
  • Current Sale Transaction ID: 11823159677
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210245512
  • Previous Sale Recording Date: Jan 14, 2016
  • Previous Sale Contract Date: Dec 07, 2015
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Mar 04, 2021
  • First Mortgage Loan Amount: $240,562
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Jan 14, 2016
  • Previous Mortgage Loan Amount: $142,373
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2046

About North Mountain



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Frequently Asked Questions

What neighborhood is 3437 West Shangri La Road located in?
The 3437 West Shangri La Road is a located in the neighborhood of North Mountain in North Mountain, Phoenix.
What is the average sales price for listings in 3437 West Shangri La Road?
The average sales price for units in 3437 West Shangri La Road is $0 currently.

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