5018 E Wallace Ave Scottsdale, AZ 85254
Paradise Valley NeighborhoodEstimated Value: $677,000 - $746,000
4
Beds
3
Baths
2,320
Sq Ft
$307/Sq Ft
Est. Value
Highlights
- Gated Community
- Wood Flooring
- Granite Countertops
- Whispering Wind Academy Rated A-
- Spanish Architecture
- Community Pool
About This Home
As of June 2023Repriced 5/15 to SELL NOW! Located in the gated community of Encantobella which offers a community pool, ramada and grassy play areas. Inside, find a great room with wood floors and gas fireplace! Open Kitchen to great room offering raised panel cherry cabinets, granite counters and a huge walk in pantry. Great for guests, one bedroom & full bath conveniently located downstairs. Upstairs find 3 bedrooms, including the master, 2 baths and a huge loft for a 2nd family room. Recent improvements New Main Roof 2014, Rear patio roof 2020, front Patio 2022, New Trane HVAC 2016, painter exterior 2022 and termite warranty thru 11/23. Upgrades include plantation shutters, new carpet , hardwood and tile flooring, decorative fans, fixtures & hardware. The HUGE (53'x64')backyard offers a Covered Patio, grassy play area and nicely landscaped. Close to the 51 and 101 freeways along with the Scottsdale Quarter, Kierland, City North and Desert Ridge.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,846
Year Built
- Built in 2002
Lot Details
- 7,591 Sq Ft Lot
- Desert faces the front and back of the property
- Block Wall Fence
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Grass Covered Lot
HOA Fees
- $130 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
Home Design
- Spanish Architecture
- Wood Frame Construction
- Tile Roof
- Concrete Roof
- Stucco
Interior Spaces
- 2,320 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
- Gas Fireplace
- Double Pane Windows
- Family Room with Fireplace
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Microwave
- Granite Countertops
Flooring
- Floors Updated in 2022
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bathroom is a Full Bathroom
- 3 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Outdoor Features
- Covered patio or porch
- Playground
Location
- Property is near a bus stop
Schools
- Whispering Wind Academy Elementary School
- Sunrise Elementary Middle School
- Horizon High School
Utilities
- Refrigerated Cooling System
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 55
- Assessor Parcel Number 215-32-625
Community Details
Overview
- Association fees include ground maintenance, street maintenance
- City Property Mangmt Association, Phone Number (602) 437-4777
- Built by Centex
- Encantobella Subdivision
Recreation
- Community Pool
- Bike Trail
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2023
Closed on
Jun 15, 2023
Sold by
Susan Schildkraut Peters Family Trust
Bought by
Raheem Farah and Alawar Raid
Seller's Agent
Jeff Cameron
HomeSmart
Buyer's Agent
Eva Skyles
West USA Realty
List Price
$655,000
Sold Price
$615,000
Premium/Discount to List
-$40,000
-6.11%
Total Days on Market
45
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,994
Avg. Annual Appreciation
7.56%
Original Mortgage
$584,000
Outstanding Balance
$571,447
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$140,547
Purchase Details
Listed on
Jun 27, 2014
Closed on
Sep 5, 2014
Sold by
Powers Sarah J and Powers Bryan
Bought by
Peters Susan
Seller's Agent
Victoria Lawrence
DPR Realty LLC
Buyer's Agent
Brenda Visser
My Home Group Real Estate
List Price
$345,000
Sold Price
$340,000
Premium/Discount to List
-$5,000
-1.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Purchase Details
Closed on
Nov 17, 2009
Sold by
Bank Of America Na
Bought by
Powers Sarah J and Powers Bryan
Purchase Details
Closed on
Jul 17, 2009
Sold by
Borgendale Lindsay
Bought by
Bank Of America Na
Purchase Details
Closed on
Oct 1, 2007
Sold by
Borgendale Lindsay
Bought by
Elmby Investment Llc
Purchase Details
Closed on
Mar 13, 2006
Sold by
Bernstein Evan and Isaacs Heidi
Bought by
Borgendale Lindsay
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,600
Interest Rate
7.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 23, 2005
Sold by
Smith Marisa
Bought by
Bernstein Evan and Isaacs Heidi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,200
Interest Rate
5.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 28, 2002
Sold by
Centex Homes
Bought by
Singh Marisa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.78%
Mortgage Type
New Conventional
Similar Homes in Scottsdale, AZ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Raheem Farah | $615,000 | Pioneer Title Services | |
| Peters Susan | $340,000 | Driggs Title Agency Inc | |
| Powers Sarah J | $240,000 | Guaranty Title Agency | |
| Bank Of America Na | $256,500 | Security Title Agency | |
| Elmby Investment Llc | -- | None Available | |
| Borgendale Lindsay | $507,000 | Transnation Title Ins Co | |
| Bernstein Evan | $391,500 | North American Title Co | |
| Singh Marisa A | $257,645 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Raheem Farah | $584,000 | |
| Previous Owner | Borgendale Lindsay | $520,000 | |
| Previous Owner | Borgendale Lindsay | $64,300 | |
| Previous Owner | Borgendale Lindsay | $405,600 | |
| Previous Owner | Borgendale Lindsay | $99,900 | |
| Previous Owner | Bernstein Evan | $320,800 | |
| Previous Owner | Bernstein Evan | $313,200 | |
| Previous Owner | Singh Marisa A | $187,000 | |
| Previous Owner | Singh Marisa A | $168,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/15/2023 06/15/23 | Sold | $615,000 | +2.5% | $265 / Sq Ft |
| 05/16/2023 05/16/23 | Pending | -- | -- | -- |
| 05/15/2023 05/15/23 | Price Changed | $600,000 | -4.8% | $259 / Sq Ft |
| 05/03/2023 05/03/23 | Price Changed | $630,000 | -1.6% | $272 / Sq Ft |
| 04/17/2023 04/17/23 | Price Changed | $640,000 | -2.3% | $276 / Sq Ft |
| 03/31/2023 03/31/23 | For Sale | $655,000 | +92.6% | $282 / Sq Ft |
| 09/22/2014 09/22/14 | Sold | $340,000 | -1.4% | $147 / Sq Ft |
| 06/27/2014 06/27/14 | For Sale | $345,000 | -- | $149 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,939 | $34,840 | -- | -- |
| 2024 | $2,872 | $33,181 | -- | -- |
| 2023 | $2,872 | $46,280 | $9,250 | $37,030 |
| 2022 | $2,846 | $37,120 | $7,420 | $29,700 |
| 2021 | $2,893 | $34,520 | $6,900 | $27,620 |
| 2020 | $2,794 | $32,710 | $6,540 | $26,170 |
| 2019 | $2,806 | $31,130 | $6,220 | $24,910 |
| 2018 | $2,704 | $30,270 | $6,050 | $24,220 |
| 2017 | $2,582 | $29,370 | $5,870 | $23,500 |
| 2016 | $2,541 | $27,930 | $5,580 | $22,350 |
| 2015 | $2,358 | $27,080 | $5,410 | $21,670 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Cameron
Seller's Agent in 2023
Jeff Cameron
HomeSmart
(480) 652-2004
15 in this area
89 Total Sales
-
Eva Skyles
Buyer's Agent in 2023
Eva Skyles
West USA Realty
(619) 251-5089
2 in this area
120 Total Sales
-
V
Seller's Agent in 2014
Victoria Lawrence
DPR Realty
-
Buyer's Agent in 2014
Brenda Visser
My Home Group
(602) 821-8594
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6537174
APN: 215-32-625
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.
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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