5218 E Wallace Ave Scottsdale, AZ 85254
Paradise Valley Village NeighborhoodEstimated Value: $888,000 - $1,154,000
Studio
3
Baths
2,795
Sq Ft
$366/Sq Ft
Est. Value
About This Home
This home is located at 5218 E Wallace Ave, Scottsdale, AZ 85254 and is currently estimated at $1,022,590, approximately $365 per square foot. 5218 E Wallace Ave is a home located in Maricopa County with nearby schools including North Ranch Elementary School, Desert Shadows Middle School, and Horizon High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 12, 2025
Sold by
Cohen David Malcolm
Bought by
David M Cohen Trust and Cohen
Current Estimated Value
Purchase Details
Closed on
Oct 9, 2003
Sold by
Conklin Bennett E
Bought by
Cohen David and Cohen Bernice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 22, 1998
Sold by
Michael Nicholas Inc
Bought by
Sequoia Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
7.17%
Purchase Details
Closed on
Feb 25, 1998
Sold by
Sequoia Homes Inc
Bought by
Conklin Bennett E and Conklin Cynthia K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,550
Interest Rate
6.91%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| David M Cohen Trust | -- | None Listed On Document | |
| Cohen David | $345,000 | Lawyers Title Insurance Corp | |
| Sequoia Homes Inc | -- | North American Title Agency | |
| Conklin Bennett E | $235,698 | North American Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cohen David | $310,500 | |
| Previous Owner | Sequoia Homes Inc | $5,000,000 | |
| Previous Owner | Conklin Bennett E | $188,550 |
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 | $4,312 | $48,064 | -- | -- |
| 2024 | $4,084 | $45,775 | -- | -- |
| 2023 | $4,084 | $75,580 | $15,110 | $60,470 |
| 2022 | $4,037 | $58,560 | $11,710 | $46,850 |
| 2021 | $4,051 | $52,600 | $10,520 | $42,080 |
| 2020 | $3,907 | $49,550 | $9,910 | $39,640 |
| 2019 | $3,913 | $47,630 | $9,520 | $38,110 |
| 2018 | $3,765 | $44,310 | $8,860 | $35,450 |
| 2017 | $3,584 | $42,870 | $8,570 | $34,300 |
| 2016 | $3,514 | $41,310 | $8,260 | $33,050 |
| 2015 | $3,318 | $36,930 | $7,380 | $29,550 |
Source: Public Records
Map
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