$879,300
as of Sep 19, 2026
- 1 Bed
- 1 Bath
- 1,000 sqft
3231 E Shangri La Rd, Phoenix, AZ 85028
Home Highlights
Apartment
1,000 sqft
$879/sqft
Local Information
-- mins to
About this House
Beautifully remodeled and private guest suite Completely separate from main house with its own covered carport parking, EV charging port, private side yard and separate entrance. You never have to mingle with main house occupants with this set up. Its a 1 bedroom and it comes furnished with ALL utilities including unlimited high speed internet. Amazing kitchen with high end appliances, washer dryer in unit. Come see if it works for you. No Pets! Month to Month lease maybe accepted for additional $100 monthly.
OWNER PAYS ALL UTILITIES INCLUDING HIGH SPEED INTERNET. WOULD CONSIDER MONTH TO MONTH LEASE. NO SMOKING NO PETS
OWNER PAYS ALL UTILITIES INCLUDING HIGH SPEED INTERNET. WOULD CONSIDER MONTH TO MONTH LEASE. NO SMOKING NO PETS
3231 E Shangri La Rd, Phoenix, AZ 85028 is a 1 bedroom, 1 bathroom, 1,000 sqft apartment in Paradise Valley. It last sold for $625,000 on Oct 29, 2021 (38,963% above the $1,600 asking price). More recently, it was listed as a rental in April 2025 with an asking price of $1,700 per month. That rental listing was removed on May 5, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $879,300, with a rent estimate of $1,529/month.
Home Details for 3231 E Shangri La Rd
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Heating & Cooling Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air |
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher |
Levels, Entrance, & Accessibility Floors: Tile |
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Property Type / Style Property Type: Apartment |
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Lease Term: 1 YearAvailable: now |
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Parking & Garage Parking: Off Street Parking, On Site |
Comparable Sales for 3231 E Shangri La Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.49 | Apartment | $270,000 | 05/08/26 | 1 | 1 | 850 sqft | |
1.53 | Apartment | $317,500 | 02/12/26 | 1 | 1 | 850 sqft | |
1.52 | Apartment | $284,000 | 11/20/25 | 1 | 1 | 850 sqft | |
1.48 | Apartment | $220,000 | 11/26/25 | 1 | 1 | 850 sqft | |
1.53 | Apartment | $250,000 | 09/01/26 | 1 | 1 | 850 sqft | |
1.53 | Apartment | $242,000 | 02/18/26 | 1 | 1 | 850 sqft | |
1.55 | Apartment | $233,500 | 10/07/25 | 1 | 1 | 850 sqft | |
1.51 | Apartment | $195,000 | 07/08/26 | 1 | 1 | 850 sqft | |
1.54 | Apartment | $207,500 | 08/21/26 | 1 | 1 | 850 sqft | |
1.47 | Apartment | $150,000 | 06/10/26 | 1 | 1 | 850 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Paradise Valley
Last updated Sep 2026
Trulia Rent Estimate$1,529/mo
Average rent
$2.1K
$50MoM
Available listings
492
Around this home
What Locals Say about Paradise Valley
At least 1037 Trulia users voted on each feature.
90 % Say it's dog friendly
89 % Say there are sidewalks
86 % Say parking is easy
85 % Say car is needed
77 % Say yards are well-kept
73 % Say there's holiday spirit
71 % Say people would walk alone at night
70 % Say streets are well-lit
70 % Say it's quiet
60 % Say kids play outside
58 % Say it's walkable to grocery stores
57 % Say they plan to stay for at least 5 years
55 % Say it's walkable to restaurants
51 % Say neighbors are friendly
42 % Say there's wildlife
23 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 5, 2025 Source: Zillow Rentals | ListingRemoved | $1,600 |
Apr 16, 2025 Source: Zillow Rentals | PriceChange | $1,600 Price decreased by 6% |
Apr 12, 2025 Source: Zillow Rentals | Listed For Rent | $1,700 |
Mar 14, 2025 Source: Zillow Rentals | ListingRemoved | $1,700 |
Mar 10, 2025 Source: Zillow Rentals | PriceChange | $1,700 Price decreased by 5% |
Mar 1, 2025 Source: Zillow Rentals | PriceChange | $1,795 Price decreased by 5% |
Feb 25, 2025 Source: Zillow Rentals | Listed For Rent | $1,895 |
Oct 29, 2021 Source: N/A | Sold | $625,000 |
Apr 13, 2021 Source: N/A | Sold | $420,000 |
Oct 17, 2012 Source: Agent Provided | ListingRemoved | $275,000 |
Sep 29, 2012 Source: Agent Provided | PriceChange | $275,000 Price decreased by 4% |
Sep 16, 2012 Source: Agent Provided | PriceChange | $285,000 Price decreased by 3% |
Sep 8, 2012 Source: Agent Provided | PriceChange | $295,000 Price decreased by 2% |
Sep 2, 2012 Source: Agent Provided | Listed For Sale | $300,000 |
Feb 6, 2008 Source: ARMLS #2749083 | Sold | $340,000 |
Oct 31, 2002 Source: ARMLS #1854842 | Sold | $220,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,857 | $578,300 |
Home facts updated by county records
Frequently asked questions about 3231 E Shangri La Rd
- What is 3231 E Shangri La Rd estimated to be worth?Trulia's estimated value for 3231 E Shangri La Rd in Phoenix, AZ is $879,300.
- What is the price history for 3231 E Shangri La Rd?3231 E Shangri La Rd in Phoenix, AZ last sold for $625,000 in October 2021.
- Is Phoenix a buyer's or seller's market?Phoenix is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Phoenix?The median sale price in Phoenix is $617K. That is up $28.17K from the prior month.
- Does 3231 E Shangri La Rd have air conditioning?Yes, 3231 E Shangri La Rd in Phoenix, AZ has air conditioning.
- Does 3231 E Shangri La Rd have laundry facilities?Yes, 3231 E Shangri La Rd in Phoenix, AZ has in-unit laundry.
Homes for rent near 3231 E Shangri La Rd
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

