5121 E Wallace Ave Scottsdale, AZ 85254
Paradise Valley Village NeighborhoodEstimated payment $4,960/month
Highlights
- Private Pool
- Vaulted Ceiling
- Private Yard
- Whispering Wind Academy Rated A-
- Spanish Architecture
- Covered Patio or Porch
About This Home
Beautifully updated single-level pool home in Scottsdale's coveted 85254 zip code, featuring a split floor-plan, dedicated office, and upgrades throughout. Perfectly positioned in a quiet and private setting, this refreshed residence offers a Scottsdale address with Phoenix municipal services. The home offers 3 bedrooms, 2 bathrooms, and a dedicated office/den arranged within a desirable split floor-plan, providing privacy for the primary suite while maintaining an easy flow for everyday living and entertaining. Recent improvements create a crisp, modern feel throughout the home, including a brand-new roof (2026), new flooring (2026), and fresh interior paint (2026), making the property truly move-in ready. The backyard offers a quiet and private retreat with a sparkling in-ground pool, perfect for relaxing afternoons or entertaining under Arizona's endless sunshine. Additional highlights include a 2-car garage and low HOA dues. Ideally located just minutes from some of the Valley's most desirable lifestyle destinations including Kierland Commons, Scottsdale Quarter, Desert Ridge Marketplace, and Paradise Valley, offering exceptional dining, shopping, and entertainment. A rare opportunity to own a beautifully updated home in one of the valley's most sought-after locations.
Listing Agent
Russ Lyon Sotheby's International Realty License #BR684916000 Listed on: 03/16/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,032
Year Built
- Built in 1998
Lot Details
- 7,800 Sq Ft Lot
- Desert faces the front and back of the property
- Wrought Iron Fence
- Block Wall Fence
- Private Yard
HOA Fees
- $50 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
Home Design
- Spanish Architecture
- Roof Updated in 2026
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 2,215 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Double Pane Windows
- Eat-In Kitchen
Flooring
- Floors Updated in 2026
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Double Vanity
- Bathtub With Separate Shower Stall
Pool
- Pool Updated in 2026
- Private Pool
- Fence Around Pool
Schools
- Whispering Wind Academy Elementary School
- Sunrise Middle School
- Horizon High School
Utilities
- Central Air
- Heating Available
- High Speed Internet
Additional Features
- No Interior Steps
- North or South Exposure
- Covered Patio or Porch
Community Details
- Association fees include ground maintenance
- 360 Prop Mgt. Association, Phone Number (602) 863-3600
- Palos Verdes Ranch Subdivision
Listing and Financial Details
- Tax Lot 70
- Assessor Parcel Number 215-32-563
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,032 | $41,804 | -- | -- |
| 2024 | $4,074 | $39,813 | -- | -- |
| 2023 | $4,074 | $61,180 | $12,230 | $48,950 |
| 2022 | $4,033 | $47,800 | $9,560 | $38,240 |
| 2021 | $4,045 | $42,850 | $8,570 | $34,280 |
| 2020 | $3,920 | $40,250 | $8,050 | $32,200 |
| 2019 | $3,925 | $38,600 | $7,720 | $30,880 |
| 2018 | $3,796 | $35,710 | $7,140 | $28,570 |
| 2017 | $3,639 | $34,500 | $6,900 | $27,600 |
| 2016 | $3,578 | $33,460 | $6,690 | $26,770 |
| 2015 | $2,829 | $32,250 | $6,450 | $25,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/16/2026 03/16/26 | For Sale | $879,000 | 0.0% | $397 / Sq Ft |
| 01/01/2025 01/01/25 | Rented | $2,995 | 0.0% | -- |
| 12/21/2024 12/21/24 | Price Changed | $2,995 | -3.2% | $1 / Sq Ft |
| 12/17/2024 12/17/24 | Price Changed | $3,095 | -3.1% | $1 / Sq Ft |
| 12/05/2024 12/05/24 | Price Changed | $3,195 | -3.0% | $1 / Sq Ft |
| 11/22/2024 11/22/24 | For Rent | $3,295 | +24.3% | -- |
| 11/01/2018 11/01/18 | Rented | $2,650 | 0.0% | -- |
| 10/08/2018 10/08/18 | For Rent | $2,650 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | $181,231 | First American Title | |
| Warranty Deed | -- | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $157,100 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6998662
APN: 215-32-563
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Ask me questions while you tour the home.