NOT LISTED FOR SALE

5511 E Arroyo Verde Dr Paradise Valley, AZ 85253

Paradise Valley Neighborhood

Estimated Value: $4,003,000 - $4,192,000

3 Beds
3.5 Baths
3,620 Sq Ft
$1,193/mo HOA Fee

Last Sold January 12, 2021

Last sale price $2,999,000 $828 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $24,069/month

2 Days on Market

Highlights

  • Concierge
  • Golf Course Community
  • Gated with Attendant
  • Kiva Elementary School Rated A
  • Fitness Center
  • Unit is on the top floor

About This Home

As of January 2021

Luxury Villa at Mountain Shadows. Resort living w/ full amenities: concierge services, 4500 sf fitness center w/ group classes included, heated resort lap pool, golf, Sanctuary spa, tennis, & more. Single level living, personal lobby w/ private elevator, indoor/outdoor living style - 9' bi-fold doors from great room and primary bdrm to 800 sf deck. Designer features: 10 ft ceilings throughout, Wolf combo dual fuel range oven, convection microwave, steam oven, 48'' Sub Zero refrigerator, Sub Zero Wine Tower, Asko DW, Zephyr hood, quartz countertops with waterfall edge, wood floors, indoor and outdoor gas fireplaces, Savant Home Automation, motorized shades, wood shutters, 2 car garage w/ epoxy, water softener, Energy Star rated, 24 hr guard gate. MODEL HOME

Last Agent to Sell the Property

Justyna Korczynski

The New Home Company License #SA684371000 Listed on: 11/18/2020

Co-Listed By

Maura Casey

RETSY License #BR013287000

RETSY

Last Buyer's Agent

Maura Casey

RETSY License #BR013287000

RETSY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,309

Year Built

  • Built in 2017

Lot Details

  • End Unit
  • Two or More Common Walls
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $1,193 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Spray Foam Insulation
  • Foam Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 3,620 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Tinted Windows
  • Wood Frame Window
  • Mountain Views
  • Smart Home

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Easy To Use Faucet Levers
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Accessible Hallway
  • Doors with lever handles
  • Raised Toilet

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace

Location

  • Unit is on the top floor

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Central Air
  • Heating Available
  • Tankless Water Heater
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 206
  • Assessor Parcel Number 169-30-227

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, (see remarks), street maintenance, front yard maint, trash, roof replacement, maintenance exterior
  • Mtn. Shadows Master Association, Phone Number (480) 821-2321
  • Built by The New Home Comapny
  • Villas At Mountain Shadows 2 Condominiums 2 Subdivision, Villa 2 Floorplan

Recreation

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

Additional Features

  • Concierge
  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,309

Year Built

Built in 2017

Lot Details

0

HOA Fees

$1,193 per month

Parking

2

Listing Details

  • Cross Street: Mountain Shadows Dr. and E. Lincoln
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1192.97
  • Basement: N
  • Cooling HVAC SEER Rating: 16
  • Energy Green Feature H E R S Cert Date: 2016-09-02
  • Energy Green Feature H E R S Rating: Y
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2017
  • Tax Year: 2020
  • Directions: South side of Lincoln, just west of 56th St; proceed through guard gate and take first left onto Arroyo Verde Dr. Model Home is on the right at 5511; guest parking on the left in designated area
  • Master Model: Villa 2
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: tnhc001
  • Co List Office Phone: 480-634-6385
  • Subdivision Name: VILLAS AT MOUNTAIN SHADOWS 2 CONDOMINIUMS 2
  • New Construction: No
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 1192.97
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Lever Handles, Exterior Curb Cuts, Bath Raised Toilet, Bath Lever Faucets, Accessible Hallway(s)
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Exterior Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Elevator, Soft Water Loop, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3620.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows, Tinted Windows, Wood Frames
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Concierge: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Private Street(s)
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Home Warranty: Yes
  • Common Walls: Two Common Walls, Neighbor Below, End Unit
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Complete Spec Home
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes
  • Construction Status:Complete Spec Home: Yes
  • Exterior Features:Private Street(s): Yes
  • Construction:Spray Foam Insulatn: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: ENERGY STAR Qualified Equipment, Electric
  • Laundry Features: Engy Star (See Rmks)
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Golf, Gated, Community Spa Htd, Community Pool Htd, Guarded Entry, Concierge, Fitness Center
  • Association Fee: 1192.97
  • Association Fee Frequency: Monthly
  • Association Name: Mtn. Shadows Master
  • Phone: 480-821-2321
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 85.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Mtn. Shadows Master
  • Association Fees:HOA Telephone4: 480-821-2321
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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:Blanket Ins Policy: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, Other (See Remarks), Street Maint, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3236.0
  • Parcel #: 169-30-227

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat, Recirculation Pump
  • GreenEnergy Cert:Energy Star Cert: Yes
  • GreenEnergy Cert:LEED Nghbrhood Dev: Yes

Building Info

  • Builder Name: The New Home Comapny

Tax Info

  • Tax Annual Amount: 8309.0
  • Tax Book Number: 169.00
  • Tax Lot: 206
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Feb 4, 2021
Sold by
Cook Donald P
Bought by
New Mountain Shadows Llc
Seller's Agent
Justyna Korczynski
The New Home Company
Buyer's Agent
Maura Casey
RETSY
List Price
$2,999,000
Sold Price
$2,999,000
Current Estimated Value
$4,070,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,071,092
Avg. Annual Appreciation
7.86%
Original Mortgage
$2,040,000
Outstanding Balance
$1,830,954
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$2,419,166

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 8, 2021
Sold by
Cook Patricia A
Bought by
Cook Donald P
Seller's Agent
Justyna Korczynski
The New Home Company
Buyer's Agent
Maura Casey
RETSY
List Price
$2,999,000
Sold Price
$2,999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,040,000
Outstanding Balance
$1,830,954
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$2,419,166
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
New Mountain Shadows Llc -- None Available
Cook Donald P -- First American Title Ins Co
Cook Donald P $2,999,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Mountain Shadows Llc $2,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2021 01/12/21 Sold $2,999,000 0.0% $828 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $2,999,000 -- $828 / 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 $8,383 $140,621 -- --
2024 $8,229 $133,925 -- --
2023 $8,229 $244,480 $48,890 $195,590
2022 $7,933 $203,060 $40,610 $162,450
2021 $8,347 $235,920 $47,180 $188,740
2020 $8,309 $200,610 $40,120 $160,490
2019 $8,034 $106,570 $21,310 $85,260
2018 $7,739 $8,040 $8,040 $0
2017 $1,012 $20,249 $20,249 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Justyna Korczynski

    The New Home Company

    Section Image
  • Maura Casey

    Seller Co-Listing Agent in 2021

    Maura Casey

    RETSY

    (480) 980-3545

    20 in this area

    31 Total Sales

    Maura Casey
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6163788

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-30-227

Arizona Maricopa County Paradise Valley 85253 Paradise Valley

5511 E Arroyo Verde Dr, Paradise Valley, AZ

This home is located at 5511 E Arroyo Verde Dr, Paradise Valley, AZ 85253 since 18 November 2020 and is currently estimated at $4,070,092, approximately $1,124 per square foot. This property was built in 2017. 5511 E Arroyo Verde Dr is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro 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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