G
Seller's Agent in 2024
Gabriel Mendoza
eXp Realty
(480) 588-8356
4 Total Sales
SOLD MAY 26, 2023
RENTED NOV 1, 2024
5022 E Wallace Ave Scottsdale, AZ 85254
Paradise Valley Village Neighborhood
3
Beds
2
Baths
1,717
Sq Ft
7,519
Sq Ft Lot
Highlights
- Gated Community
- Vaulted Ceiling
- Private Yard
- Whispering Wind Academy Rated A-
- Corner Lot
- Heated Community Pool
About This Home
As of May 2023Priced at UNDER $590k for this single story, 3 bedroom, 2 bathroom, 2 car garage with 1,717sf of an open floorplan that is turn key ready and in a gated community in Scottsdale's 85254 zip code! Great room with kitchen overlooking the family room. All bedrooms are oversized with the master featuring expanded sitting area and huge walk in closet. Beautiful neutral flooring throughout and all carpeting replaced in the last year. Interior paint is a beautiful neutral palate and home has plantation shutters on all windows! Roof replaced in 2021 and the HVAC always maintained. Backyard is huge and private and includes a covered patio, water feature, flagstone, fruit trees, flowering shrubs, a standalone BBQ area with stone surrounds and privacy! Community pool is right across the street. This home checks all the boxes and is located in Scottsdale's hot 85254 zip code, close to Kierland, Desert Ridge, shopping, restaurants and more!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,563
Year Built
- Built in 2002
Lot Details
- 7,519 Sq Ft Lot
- Desert faces the front and back of the property
- Block Wall Fence
- Corner Lot
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Private Yard
HOA Fees
- $117 Monthly HOA Fees
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 1,717 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Double Pane Windows
- Security System Leased
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Cooktop
- Built-In Microwave
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bathroom is a Full Bathroom
- 2 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Outdoor Features
- Covered Patio or Porch
- Built-In Barbecue
Schools
- Whispering Wind Academy Elementary School
- Explorer Middle School
- Horizon High School
Utilities
- Refrigerated Cooling System
- Heating System Uses Natural Gas
- Water Softener
- High Speed Internet
- Cable TV Available
Additional Features
- No Interior Steps
- Property is near a bus stop
Listing and Financial Details
- Tax Lot 56
- Assessor Parcel Number 215-32-626
Community Details
Overview
- Association fees include ground maintenance, street maintenance
- Encantobella Association, Phone Number (602) 437-4777
- Built by Centex
- Encantobella Subdivision
Recreation
- Heated Community Pool
- Community Spa
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2022
Closed on
May 26, 2023
Sold by
Youssef Mina
Bought by
Li Qinggang and Hu Xiao
Seller's Agent
Mark Molnau
HomeSmart
Buyer's Agent
Shirley Zhang
Manara Properties, LLC
List Price
$624,999
Sold Price
$550,000
Premium/Discount to List
-$74,999
-12%
Views
57
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
$105,243
Avg. Annual Appreciation
7.91%
Purchase Details
Closed on
Jun 14, 2021
Sold by
Youssef Erin
Bought by
Youssef Mina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 18, 2011
Sold by
Alexander Georgia
Bought by
Youssef Mina and Youssef Makram
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,992
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 27, 2004
Sold by
Alexander William and Alexander Georgia
Bought by
Alexander William and William Alexander Revocable Trust
Purchase Details
Closed on
Jun 26, 2002
Sold by
Centex Homes
Bought by
Alexander William and Alexander Georgia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Interest Rate
6.86%
Mortgage Type
New Conventional
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | Old Republic Title Agency | |
| Interfamily Deed Transfer | -- | Security Title Agency Inc | |
| Warranty Deed | -- | Security Title | |
| Warranty Deed | $237,000 | Grand Canyon Title Agency In | |
| Interfamily Deed Transfer | -- | -- | |
| Special Warranty Deed | $242,584 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $248,000 | New Conventional | |
| Previous Owner | $219,300 | New Conventional | |
| Previous Owner | $230,992 | FHA | |
| Previous Owner | $178,000 | Unknown | |
| Previous Owner | $179,100 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2024 11/01/24 | Rented | $2,395 | 0.0% | -- |
| 10/18/2024 10/18/24 | Under Contract | -- | -- | -- |
| 10/10/2024 10/10/24 | Price Changed | $2,395 | -4.0% | $1 / Sq Ft |
| 10/03/2024 10/03/24 | Price Changed | $2,495 | -4.0% | $1 / Sq Ft |
| 09/26/2024 09/26/24 | Price Changed | $2,600 | -7.1% | $2 / Sq Ft |
| 09/13/2024 09/13/24 | For Rent | $2,800 | -6.5% | -- |
| 07/28/2023 07/28/23 | Rented | $2,995 | 0.0% | -- |
| 07/15/2023 07/15/23 | Under Contract | -- | -- | -- |
| 07/06/2023 07/06/23 | Price Changed | $2,995 | -7.8% | $2 / Sq Ft |
| 06/12/2023 06/12/23 | For Rent | $3,250 | 0.0% | -- |
| 05/26/2023 05/26/23 | Sold | $550,000 | -6.8% | $320 / Sq Ft |
| 04/19/2023 04/19/23 | Pending | -- | -- | -- |
| 04/07/2023 04/07/23 | Price Changed | $589,900 | -1.7% | $344 / Sq Ft |
| 03/03/2023 03/03/23 | Price Changed | $599,900 | -1.6% | $349 / Sq Ft |
| 02/10/2023 02/10/23 | Price Changed | $609,900 | -1.6% | $355 / Sq Ft |
| 01/20/2023 01/20/23 | Price Changed | $619,900 | -0.8% | $361 / Sq Ft |
| 01/06/2023 01/06/23 | For Sale | $624,999 | +13.6% | $364 / Sq Ft |
| 11/28/2022 11/28/22 | Off Market | $550,000 | -- | -- |
| 11/04/2022 11/04/22 | Price Changed | $624,999 | -2.3% | $364 / Sq Ft |
| 09/16/2022 09/16/22 | Price Changed | $639,999 | -1.5% | $373 / Sq Ft |
| 09/02/2022 09/02/22 | Price Changed | $649,999 | -1.5% | $379 / Sq Ft |
| 08/05/2022 08/05/22 | For Sale | $659,999 | -- | $384 / 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 | $3,073 | $30,871 | -- | -- |
| 2024 | $3,009 | $25,885 | -- | -- |
| 2023 | $3,009 | $43,250 | $8,650 | $34,600 |
| 2022 | $2,522 | $34,410 | $6,880 | $27,530 |
| 2021 | $2,563 | $31,670 | $6,330 | $25,340 |
| 2020 | $2,475 | $29,960 | $5,990 | $23,970 |
| 2019 | $2,487 | $28,220 | $5,640 | $22,580 |
| 2018 | $2,396 | $27,150 | $5,430 | $21,720 |
| 2017 | $2,288 | $25,970 | $5,190 | $20,780 |
| 2016 | $2,252 | $24,600 | $4,920 | $19,680 |
| 2015 | $2,089 | $23,770 | $4,750 | $19,020 |
Source: Public Records
Agents Affiliated with this Home
-
Gabriel Mendoza
-
N
Buyer's Agent in 2024
Non-MLS Agent
Non-MLS Office
-
Mark Molnau
Seller's Agent in 2023
Mark Molnau
HomeSmart
(480) 535-0200
1 in this area
50 Total Sales
-
Shirley Zhang
S
Buyer's Agent in 2023
Shirley Zhang
Manara Properties, LLC
(520) 203-2343
1 in this area
2 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6445358
APN: 215-32-626
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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