$509,900
UNDER CONTRACT $70K PRICE DROP

5122 E Shea Blvd Unit 1012 Scottsdale, AZ 85254

Paradise Valley Village Neighborhood

Estimated payment $3,115/month

Total Views 75,995
2 Beds
2.5 Baths
1,246 Sq Ft
$409 Price per Sq Ft

Highlights

  • Gated Community
  • Community Pool
  • Dual Vanity Sinks in Primary Bathroom
  • Sequoya Elementary School Rated A
  • 1 Car Direct Access Garage
  • Patio

About This Home

Live in the heart of it all! This beautifully renovated condo is just minutes from Trader Joe's, Sprouts, Safeway, Paradise Valley Mall, trendy restaurants like Il Bosco and Cook & Craft, plus fitness studios and cozy coffee shops. Inside, you'll love the fresh modern vibe wood-look tile flooring, flat-panel cabinetry, designer lighting, quartz countertops, and premium stainless steel appliances. Fully rebuilt from the studs, it also features a new AC, dual-pane windows with blinds, washer/dryer, water heater, soft water loop, and an epoxy-coated garage. Milano Terrace offers two updated community centers, resort-style pools, a hot tub, and inviting outdoor spaces to relax. Move-in ready, stylish, and close to everything this is the perfect place to start your next chapter!

Listing Agent

Beth Rider

Keller Williams Arizona Realty License #SA117774000 Listed on: 07/15/2025

Keller Williams Arizona Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,145

Year Built

  • Built in 1985

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,246 Sq Ft Home
  • 2-Story Property

Kitchen

  • Kitchen Updated in 2025
  • Built-In Microwave

Flooring

  • Floors Updated in 2025
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Updated in 2025
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Desert Canyon Elementary School
  • Desert Canyon Middle School
  • Desert Mountain High School

Utilities

  • Cooling System Updated in 2025
  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • 640 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 167-75-108

Community Details

Overview

  • Association fees include ground maintenance
  • Aam Llc Association, Phone Number (602) 957-9191
  • Milano Terrace Private Residences Condominium Subdivision

Recreation

  • Community Pool
  • Children's Pool

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,145

Year Built

Built in 1985

Lot Details

0

HOA Fees

$325 per month

Parking

1

Listing Details

  • Cross Street: Shea Blvd and N 51st Pl
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 325.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2025
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2025
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2025
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2025
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2024
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.01
  • Subdivision Name: MILANO TERRACE PRIVATE RESIDENCES CONDOMINIUM
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 325.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: 4224

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Interior Amenities: High Speed Internet, Double Vanity, 3/4 Bath Master Bdrm
  • Living Area: 1246.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 325.0
  • Association Fee Frequency: Monthly
  • Association Name: Milo Terrace
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 650.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Milo Terrace
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 650.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM LLC
  • Association Fees:HOA Management Phone: 6029579191

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Desert Canyon Elementary
  • High School: Desert Mountain High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Desert Canyon Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 640.0
  • Parcel #: 167-75-108

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1145.0
  • Tax Book Number: 167.00
  • Tax Lot: 103
  • Tax Map Number: 75.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $1,145 $16,838 -- --
2024 $1,110 $16,037 -- --
2023 $1,110 $28,910 $5,780 $23,130
2022 $1,070 $22,610 $4,520 $18,090
2021 $1,124 $21,250 $4,250 $17,000
2020 $1,106 $20,430 $4,080 $16,350
2019 $1,069 $18,200 $3,640 $14,560
2018 $1,035 $16,950 $3,390 $13,560
2017 $982 $16,030 $3,200 $12,830
2016 $955 $14,070 $2,810 $11,260
2015 $878 $13,410 $2,680 $10,730
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2025 09/15/25 Price Changed $509,900 -2.9% $409 / Sq Ft
08/20/2025 08/20/25 Price Changed $524,900 -6.3% $421 / Sq Ft
07/29/2025 07/29/25 Price Changed $559,900 -3.4% $449 / Sq Ft
07/15/2025 07/15/25 For Sale $579,900 -- $465 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Special Warranty Deed $274,156 The Talon Group Kierland
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $219,300 New Conventional
Source: Public Records

About the Listing Agent

Beth Rider
Beth Rider

Keller Williams Arizona Realty

(480) 439-0416

Section Image

For more than 35 years, Beth Rider and The Rider Elite Team have helped thousands of clients successfully achieve their real estate dreams and goals. Beth brings extensive knowledge of the market and region, professionalism, innovative selling tools, and a commitment to her client's satisfaction. Whether you are planning to buy or sell your home, The Rider Elite Team has everything you need to comfortably get the job done.

From the accurate pricing, extensive promotion, and market

View Beth's Profile

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6892781

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-75-108

Arizona Maricopa County Scottsdale 85254 Paradise Valley Village

5122 E Shea Blvd Unit 1012, Scottsdale, AZ

This home is located at 5122 E Shea Blvd Unit 1012, Scottsdale, AZ 85254 and is currently priced at $509,900, approximately $409 per square foot. This property was built in 1985. 5122 E Shea Blvd Unit 1012 is a home located in Maricopa County with nearby schools including Sequoya Elementary School, Cocopah Middle School, and Chaparral High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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Beth Rider
Beth Rider
Listing Agent Section Image
Keller Williams Arizona Realty
(480) 439-0416