$224,000 - $367,000
RENTED MAY 10, 2025
2 Beds
2.5 Baths
1,050 Sq Ft
$302 Price per Sq Ft

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Phoenix Coding Academy Rated A
  • Mountain View
  • Main Floor Primary Bedroom

About This Home

As of May 2025

Breathtaking ultra modern Townhouse complex located strategically within 4 miles of Old Town Scottsdale, Biltmore Financial District, Paradise Valley Fashion Mall, ASU Tempe, Sky Harbor International. The property is new and equipped with modern quartz counters, dual vanities, stainless appliances, 10ft ceilings, patio/deck with Papago Mountain views and more. The complex is gated, has a sparkling heated pool with spa, gym facility, dog park, Tesla Charging station and more. Look no further, modern luxury in the heart of Phoenix!

Last Agent to Rent the Property

Samir Sawhney

XCD Realty & Property Mgmt License #BR645393000 Listed on: 04/05/2025

Last Renter's Agent

Donnie RandleEl

Amazing Options Realty License #SA705214000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,348

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 1,100 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Mountain Views
  • Walk-Out Basement

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Double Vanity

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio
  • Built-In Barbecue

Schools

  • Griffith Elementary School
  • Camelback High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 4/5/25
  • $150 Move-In Fee
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 1
  • Assessor Parcel Number 126-21-221

Community Details

Overview

  • No Home Owners Association
  • The Zen Association
  • Built by TBC
  • Zen On 50 Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,348

Year Built

Built in 2018 | Under Construction

Lot Details

0

Parking

2

Rental Info

  • Rent Includes: None
  • Available Date: 2025-04-05

Listing Details

  • Cross Street: 51st St and McDowell
  • Property Type: Residential Lease
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2018
  • Rental Info H O A Name: The Zen
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.3
  • Initial Move In Costs Admin Fee: 150.0
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: Zen On 50
  • Architectural Style: Santa Barbara/Tuscan
  • New Construction: No
  • Property Attached Yn: Yes
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Basement Description Walk-Out Access: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Flooring: Carpet, Laminate, Vinyl
  • Basement YN: Yes
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Master Downstairs, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 1050.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Built-in Barbecue
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Property Condition: Under Construction
  • Roof: Other
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:BBQ: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa Htd, Community Pool Htd, Clubhouse, Fitness Center
  • Association Name: The Zen
  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Griffith Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Griffith Elementary School

Lot Info

  • Lot Size Sq Ft: 1100.0
  • Parcel #: 126-21-221

Building Info

  • Builder Name: TBC

Tax Info

  • Tax Book Number: 126.00
  • Tax Lot: 1
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2021
Sold by
Mam Management Grove Llc
Bought by
Ms3 Cordillera Llc
Current Estimated Value
$316,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,232,000
Outstanding Balance
$10,300,743
Interest Rate
3.05%
Mortgage Type
Seller Take Back
Estimated Equity
-$9,983,901

Purchase Details

Closed on
Jan 31, 2019
Sold by
Pacific Rim 51St Street Apartments Lp
Bought by
Mam Management Grove Llc and Palm Grove Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,232,000
Interest Rate
4.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Ms3 Cordillera Llc $20,700,000 Magnus Title Agency
Mam Management Grove Llc $16,200,000 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ms3 Cordillera Llc $11,232,000
Previous Owner Mam Management Grove Llc $11,232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2025 05/10/25 Rented $2,195 0.0% --
04/25/2025 04/25/25 Under Contract -- -- --
04/05/2025 04/05/25 For Rent $2,195 -8.4% --
02/23/2024 02/23/24 Rented $2,395 0.0% --
02/22/2024 02/22/24 Under Contract -- -- --
02/02/2024 02/02/24 For Rent $2,395 -14.3% --
08/01/2023 08/01/23 Rented $2,795 +12.0% --
07/23/2023 07/23/23 Under Contract -- -- --
06/05/2023 06/05/23 For Rent $2,495 0.0% --
06/30/2022 06/30/22 Rented $2,495 0.0% --
06/28/2022 06/28/22 Under Contract -- -- --
04/25/2022 04/25/22 For Rent $2,495 +31.7% --
06/01/2021 06/01/21 Rented $1,895 0.0% --
05/03/2021 05/03/21 Under Contract -- -- --
04/19/2021 04/19/21 For Rent $1,895 -- --
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 $1,348 $11,221 -- --
2024 $1,335 $10,687 -- --
2023 $1,335 $23,230 $4,900 $18,330
2022 $1,287 $18,980 $4,000 $14,980
2021 $1,308 $16,270 $3,430 $12,840
2020 $1,284 $12,850 $2,710 $10,140
2019 $1,279 $11,630 $2,320 $9,310
2017 $247 $2,508 $2,508 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6846945

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-21-221