NOT LISTED FOR SALE

5122 E Shea Blvd Unit 2050 Scottsdale, AZ 85254

Paradise Valley Village Neighborhood

Estimated Value: $389,000 - $399,000

2 Beds
2 Baths
1,086 Sq Ft
$364/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $385,000 $355 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,495/month

112 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Gated Community
  • Sequoya Elementary School Rated A
  • Unit is on the top floor
  • Vaulted Ceiling

About This Home

As of November 2024

Best priced condo in the area with a garage!! Be the proud owner of this lovely 2 bedroom, 2 bathroom property located in Milano Terrace. You will be greeted by a spacious living/dining area showcasing glossy wood-look flooring, a neutral color palette, vaulted ceilings, and a charming fireplace. The well-appointed kitchen boasts cherry wood cabinetry with new range and microwave. The primary bedroom features large mirrored closets and newly tiled shower. Private corner unit with patio off the family room.

Last Agent to Sell the Property

Brad Phillips

Compass License #BR509671000 Listed on: 06/11/2024

Compass

Last Buyer's Agent

Yesenia Ripley

Real Broker License #SA686901000

Real Broker

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,067

Year Built

  • Built in 1985

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,086 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Updated in 2024
  • 2 Bathrooms

Location

  • Unit is on the top floor
  • Property is near a bus stop

Schools

  • Liberty Elementary School
  • Cocopah Middle School
  • Horizon High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • 116 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 201
  • Assessor Parcel Number 167-75-206

Community Details

Overview

  • Association fees include ground maintenance
  • Milano Terrace Association, Phone Number (602) 957-9191
  • Built by Evans Withycombe
  • Milano Terrace Private Residences Condominium Subdivision

Recreation

  • Golf Course Community
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Additional Features

  • Recreation Room
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,067

Year Built

Built in 1985

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Cross Street: Shea & Tatum
  • 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: 300.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2024
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2023
  • Directions: East on Shea Blvd, Milano Terrace is on north side. Enter gate and continue around to building 10, Unit 1050 is on North side of the building. Lockbox on front door
  • Property Sub Type: Townhouse
  • Horses: No
  • Subdivision Name: MILANO TERRACE PRIVATE RESIDENCES CONDOMINIUM
  • Architectural Style: Spanish
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 300.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Vaulted Ceiling(s), 3/4 Bath Master Bdrm, Laminate Counters
  • Living Area: 1086.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: Neighbor Below
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Golf, Gated, Community Spa Htd, Near Bus Stop, Biking/Walking Path, Fitness Center
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association Name: Milano 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: 600.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Milano Terrace
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 600.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Liberty Elementary School
  • High School: Horizon High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 116.0
  • Parcel #: 167-75-206

Building Info

  • Builder Name: Evans Withycombe

Tax Info

  • Tax Annual Amount: 1067.0
  • Tax Book Number: 167.00
  • Tax Lot: 201
  • Tax Map Number: 75.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Oct 28, 2024
Sold by
Clark Kevin
Bought by
Weisser Cindy J
Seller's Agent
Brad Phillips
Compass
Buyer's Agent
Yesenia Ripley
Real Broker
List Price
$410,000
Sold Price
$385,000
Premium/Discount to List
-$25,000
-6.1%
Views
92
Current Estimated Value
$394,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,769
Avg. Annual Appreciation
2.89%
Original Mortgage
$308,000
Outstanding Balance
$305,232
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$89,537

Purchase Details

Listed on
Apr 9, 2020
Closed on
May 27, 2020
Sold by
Maitlan Natalie D and Flanzer Natalie D
Bought by
Clark Kevin
Seller's Agent
Max Shadle
Redfin Corporation
Buyer's Agent
Brad Phillips
Compass
List Price
$259,900
Sold Price
$256,000
Premium/Discount to List
-$3,900
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$256,000
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
Oct 31, 2006
Sold by
Ec Milano Terrace Llc
Bought by
Flanzer Natalie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,192
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Weisser Cindy J $385,000 Capital Title
Clark Kevin $256,000 Pioneer Title Agency Inc
Flanzer Natalie D $274,900 The Talon Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weisser Cindy J $308,000
Previous Owner Clark Kevin $256,000
Previous Owner Flanzer Natalie $222,200
Previous Owner Flanzer Natalie D $218,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $385,000 0.0% $355 / Sq Ft
09/29/2024 09/29/24 Price Changed $385,000 -1.3% $355 / Sq Ft
09/23/2024 09/23/24 Price Changed $390,000 -1.3% $359 / Sq Ft
08/20/2024 08/20/24 Price Changed $395,000 -1.3% $364 / Sq Ft
06/28/2024 06/28/24 Price Changed $400,000 -2.4% $368 / Sq Ft
06/11/2024 06/11/24 For Sale $410,000 0.0% $378 / Sq Ft
09/30/2022 09/30/22 Rented $2,000 0.0% --
09/19/2022 09/19/22 Under Contract -- -- --
08/30/2022 08/30/22 Price Changed $2,000 -9.1% $2 / Sq Ft
06/27/2022 06/27/22 Price Changed $2,200 -8.3% $2 / Sq Ft
05/21/2022 05/21/22 Price Changed $2,400 +9.1% $2 / Sq Ft
05/17/2022 05/17/22 Price Changed $2,200 -21.4% $2 / Sq Ft
05/07/2022 05/07/22 For Rent $2,800 0.0% --
06/09/2020 06/09/20 Sold $256,000 -1.5% $236 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $259,900 -- $239 / Sq Ft
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 $1,100 $16,180 -- --
2024 $1,067 $15,409 -- --
2023 $1,067 $27,220 $5,440 $21,780
2022 $1,028 $21,280 $4,250 $17,030
2021 $1,080 $19,960 $3,990 $15,970
2020 $1,063 $18,950 $3,790 $15,160
2019 $1,027 $16,920 $3,380 $13,540
2018 $995 $15,580 $3,110 $12,470
2017 $944 $14,550 $2,910 $11,640
2016 $918 $13,210 $2,640 $10,570
2015 $844 $12,680 $2,530 $10,150
Source: Public Records

Agents Affiliated with this Home

  • Brad Phillips

    Seller's Agent in 2024

    Brad Phillips

    Compass

    (623) 505-9428

    6 in this area

    22 Total Sales

    Brad Phillips
    Section Image

  • Y

    Buyer's Agent in 2024

    Yesenia Ripley

    Real Broker

    (623) 670-0171

    3 in this area

    70 Total Sales

    Yesenia Ripley
    Section Image

  • M

    Buyer's Agent in 2022

    Masako Gardner

    HomeSmart Realty

    (602) 308-9502

    8 Total Sales

    Masako Gardner
    Section Image

  • M

    Seller's Agent in 2020

    Max Shadle

    Redfin Corporation

    Max Shadle
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6717519

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-75-206

Arizona Maricopa County Scottsdale 85254 Paradise Valley Village

5122 E Shea Blvd Unit 2050, Scottsdale, AZ

This home is located at 5122 E Shea Blvd Unit 2050, Scottsdale, AZ 85254 since 11 June 2024 and is currently estimated at $394,769, approximately $363 per square foot. This property was built in 1985. 5122 E Shea Blvd Unit 2050 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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