NOT LISTED FOR SALE

5122 E Shea Blvd Unit 2085 Scottsdale, AZ 85254

Paradise Valley Neighborhood

Estimated Value: $284,000 - $303,046

1 Bed
1 Bath
693 Sq Ft
$250/mo HOA Fee

Last Sold October 29, 2021

Last sale price $275,000 $397 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,898/month

46 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Contemporary Architecture
  • Sequoya Elementary School Rated A
  • Gated Community
  • Heated Community Pool

About This Home

As of October 2021

This well kept 1bed 1bath Scottsdale condo at Milano Terrace is just steps from one of the two community pools and Stone Creek Golf course. Park in a private one-car garage. Spread out in the open dining and living room featuring hardwood floors, a fireplace, and soft natural light from multiple windows. Get comfortable in the cozy bedroom with 2 walk-in closets and a fully remodeled bathroom. Relax out on the condo's open air patio. Enjoy all the perks this gated community has to offer, including two large community pools, a fitness center, BBQ areas, and jacuzzi's. Conveniently located for shopping, dining, recreation, hiking/biking, Kierland Commons, Scottsdale Quarter, Camelback Mountain. Scottsdale Fashion Square and the Old Town Scottsdale are only fifteen minutes away... ... Highway 51 is a short drive from the condo, and the commute to Sky Harbor Airport is less than twenty minutes. You'll have every convenience at your fingertips living in this lively area.

Last Agent to Sell the Property

Grant Van Dyke

The Griffin License #BR561857000 Listed on: 08/24/2021

Last Buyer's Agent

Grant Van Dyke

RE/MAX Fine Properties License #BR561857000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $686

Year Built

  • Built in 1985

Lot Details

  • 871

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 693 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom Updated in 2021
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Schools

  • Sequoya Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Desert faces the front and back of the property
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 146
  • Assessor Parcel Number 167-75-151

Community Details

Overview

  • Association fees include roof repair, sewer, street maintenance, front yard maint, roof replacement, maintenance exterior
  • Total Property Mang Association, Phone Number (480) 998-3082
  • Milano Terrace Private Residences Condominium Subdivision, Tree House Floorplan

Recreation

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

Additional Features

  • Recreation Room
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$686

Year Built

Built in 1985

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Cross Street: Tatum & Shea
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 250.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2021
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2020
  • Directions: East on Shea to Milano Terraces on North side of the street. Enter through gate, past the mailbox/pool area, stay to the left, straight back, right at the round about, to the condo. See map in photos.
  • Master Model: Tree House
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: MILANO TERRACE PRIVATE RESIDENCES CONDOMINIUM
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 250.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Full Bth Master Bdrm, Laminate Counters
  • Living Area: 693.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: 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
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): 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, Programmable Thmstat
  • Heating: Electric
  • 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, Community Pool Htd, Near Bus Stop, Biking/Walking Path, Fitness Center
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association Name: MILANO TERRACE
  • Phone: 602-952-5581
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: MILANO TERRACE
  • Association Fees:HOA Telephone4: (602) 952-5581
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:HOA Management Company: Total Property Mang
  • Association Fees:HOA Management Phone: (480) 998-3082
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Sewer6: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Sewer, Street Maint, Front Yard Maint, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Sequoya Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 833.0
  • Parcel #: 167-75-151

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 686.0
  • Tax Book Number: 167.00
  • Tax Lot: 146
  • Tax Map Number: 75.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 28, 2021
Sold by
Garrett Timothy A
Bought by
Samples Colin Ray and Samples Cyndi
Seller's Agent
Grant Van Dyke
The Griffin
Buyer's Agent
Grant Van Dyke
The Griffin
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Current Estimated Value
$292,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,262
Avg. Annual Appreciation
2.19%
Original Mortgage
$206,250
Outstanding Balance
$188,895
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$110,037

Purchase Details

Listed on
Jan 17, 2020
Closed on
Feb 24, 2020
Sold by
Mcclain Jerry A
Bought by
Garrett Timothy A
Seller's Agent
Denise Sharp
The Brokery
Buyer's Agent
Grant Van Dyke
The Griffin
List Price
$189,000
Sold Price
$190,000
Premium/Discount to List
$1,000
0.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.78%
Original Mortgage
$171,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 22, 2017
Closed on
Apr 18, 2018
Sold by
Oprescu Cristian
Bought by
Mcclain Jerry A
Seller's Agent
Cristian Oprescu
HomeSmart
Buyer's Agent
Denise Sharp
The Brokery
List Price
$164,900
Sold Price
$149,900
Premium/Discount to List
-$15,000
-9.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.67%
Original Mortgage
$145,403
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2011
Sold by
Brown James H and Mortgage Electronic Registrati
Bought by
Oprescu Cristian

Purchase Details

Closed on
Apr 12, 2006
Sold by
Brown James H
Bought by
Brown James H and Wysong Brown Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,322
Interest Rate
6.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Samples Colin Ray $275,000 Chicago Title Agency Inc
Garrett Timothy A $190,000 Security Title Agency
Mcclain Jerry A $149,900 Grand Canyon Title Agency
Oprescu Cristian -- Grand Canyon Title Agency
Oprescu Cristian $64,500 None Available
Brown James H -- The Talon Group Kierland
Brown James H $175,403 The Talon Group Kierland
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samples Colin Ray $206,250
Previous Owner Garrett Timothy A $171,000
Previous Owner Mcclain Jerry A $145,403
Previous Owner Brown James H $140,322
Previous Owner Brown James H $35,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $275,000 -3.5% $397 / Sq Ft
08/24/2021 08/24/21 For Sale $285,000 0.0% $411 / Sq Ft
01/01/2021 01/01/21 Rented $1,800 -30.8% --
11/22/2020 11/22/20 Under Contract -- -- --
08/27/2020 08/27/20 For Rent $2,600 0.0% --
02/26/2020 02/26/20 Sold $190,000 +0.5% $274 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $189,000 +26.1% $273 / Sq Ft
04/20/2018 04/20/18 Sold $149,900 -0.1% $216 / Sq Ft
03/24/2018 03/24/18 Price Changed $149,992 -3.2% $216 / Sq Ft
03/02/2018 03/02/18 Price Changed $154,999 -3.1% $224 / Sq Ft
12/08/2017 12/08/17 Price Changed $159,991 -3.0% $231 / Sq Ft
11/22/2017 11/22/17 For Sale $164,900 -- $238 / 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 $821 $10,442 -- --
2024 $804 $9,944 -- --
2023 $804 $20,120 $4,020 $16,100
2022 $771 $15,630 $3,120 $12,510
2021 $697 $14,470 $2,890 $11,580
2020 $686 $13,500 $2,700 $10,800
2019 $663 $11,920 $2,380 $9,540
2018 $642 $10,860 $2,170 $8,690
2017 $700 $10,130 $2,020 $8,110
2016 $682 $8,980 $1,790 $7,190
2015 $626 $8,270 $1,650 $6,620
Source: Public Records

Agents Affiliated with this Home

  • Grant Van Dyke

    Seller's Agent in 2021

    Grant Van Dyke

    The Griffin

    (480) 226-5595

    18 in this area

    122 Total Sales

    Grant Van Dyke
    Section Image
  • Denise Sharp

    Seller's Agent in 2020

    Denise Sharp

    The Brokery

    (602) 703-8277

    7 in this area

    48 Total Sales

    Denise Sharp
    Section Image

  • C

    Seller's Agent in 2018

    Cristian Oprescu

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6287080

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-75-151

Arizona Maricopa County Scottsdale 85254 Paradise Valley

5122 E Shea Blvd Unit 2085, Scottsdale, AZ

This home is located at 5122 E Shea Blvd Unit 2085, Scottsdale, AZ 85254 since 24 August 2021 and is currently estimated at $292,262, approximately $421 per square foot. This property was built in 1985. 5122 E Shea Blvd Unit 2085 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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