$1,250,000
SOLD MAR 27, 2018

5525 E Lincoln Dr Unit 76 Paradise Valley, AZ 85253

3 Beds
3 Baths
3,167 Sq Ft
0.3 Acres

Recently Sold

$395 Per Sq Ft

11% Below List Price

147 Days on Market

Highlights

  • On Golf Course
  • Gated with Attendant
  • 0.3 Acre Lot
  • Kiva Elementary School Rated A
  • Heated Spa
  • Mountain View

About This Home

As of January 2024

Guard Gated Resort Style Living - Nestled within the beautifully redesigned Mountain Shadows area blending the modern with the classic. Located on the 16th tee with fabulous Mummy & Camelback Mountain views. Impeccably remodeled with a classic elegance lending itself to any décor. Beautiful walnut hardwood flooring creates balance & contrast. The elegant 2-way fireplace centers the open floor plan. The defined spaces are perfect for entertaining. A series of French doors combine indoor/outdoor living. Highly appointed kitchen with classic white cabinetry accented with black granite counters & custom built-ins. Chef's 5 burner gas cook top & 2 Fisher & Paykel dishwasher drawers. Cheerful breakfast room with bay window & seating. In addition, there is a service bar with wine fridge and two refrigerated beverage drawers. Master suite will make you smile & say "this is where I want to wake up!" Fabulous views of the golf course & mountains. Deluxe master bath with jetted tub, separate glassed in shower & oversized closet. Enjoy additional master space currently used as an office. Inviting ensuite guestroom & additional bedroom currently being utilized as a den/family room. AZ outdoor living at its finest! Low maintenance, high enjoyment - jetted spa, built in grill, fireplace, service bar, golf course & mountain views. Flagstone & high quality artificial turf. Please see our detailed feature list of the many updates & upgrades this home has to offer!

Last Agent to Sell the Property

Kerry Sussman

Realty Executives Arizona Territory License #SA514690000 Listed on: 09/16/2017

Realty Executives Arizona Territory

Co-Listed By

Toni Perelli

Realty Executives Arizona Territory License #SA019268000

Last Buyer's Agent

Cionne McCarthy

Russ Lyon Sotheby's International Realty License #SA020586000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,370

Year Built

  • Built in 1964

Lot Details

  • 0.3 Acre Lot
  • On Golf Course
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Shake Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,167 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 76
  • Assessor Parcel Number 169-30-011

Community Details

Overview

  • Property has a Home Owners Association
  • Desert Realty Association, Phone Number (602) 861-5980
  • Mountain Shadow Resort 2 Amd Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,370

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Lincoln & 56th Street
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 533.33
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1964
  • Tax Year: 2016
  • Directions: South on 56th Street to Guard Gate. Through gate, veer left to the home on the left side of street.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.3
  • Co List Office Mls Id: reax10
  • Co List Office Phone: 480-998-0676
  • Subdivision Name: MOUNTAIN SHADOW RESORT 2 AMD
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1600.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Spa Features: Above Ground, Heated
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace, Two Way Fireplace, Exterior Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, No Interior Steps, Soft Water Loop, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 3167.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Community Features:Golf Course: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Two Way Fireplace: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Patio, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, On Golf Course, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Roof: Shake
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Rear Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Rear Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Security: Gated Community
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Guarded Entry, Golf
  • Amenities: Management
  • Association Fee Frequency: Quarterly
  • Association Name: Mtn Shadows Estates
  • Phone: 602-861-5980
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Mtn Shadows Estates
  • Association Fees:HOA Telephone4: 602-861-5980
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Desert Realty
  • Association Fees:HOA Management Phone: 602-861-5980
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13177.0
  • Parcel #: 169-30-011
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 4370.0
  • Tax Book Number: 169.00
  • Tax Lot: 76
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Jan 12, 2024
Sold by
Candace Lauck And David Bernstein Trust
Bought by
5101 Nc Llc
Seller's Agent
Cionne McCarthy
Russ Lyon Sotheby's International Realty
Buyer's Agent
Kirk Linehan
RETSY
List Price
$2,550,000
Sold Price
$2,500,000
Premium/Discount to List
-$50,000
-1.96%
Views
74
Current Estimated Value
$2,698,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,107
Avg. Annual Appreciation
4.73%

Purchase Details

Listed on
Sep 16, 2017
Closed on
Mar 5, 2018
Sold by
Kruzich Marilyn J
Bought by
Bernstein David and Lauck Candace H
Seller's Agent
Kerry Sussman
Realty Executives Arizona Territory
Buyer's Agent
Cionne McCarthy
Russ Lyon Sotheby's International Realty
List Price
$1,399,000
Sold Price
$1,250,000
Premium/Discount to List
-$149,000
-10.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$850,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 28, 2005
Sold by
Kruzich Marilyn J
Bought by
Kruzich Marilyn J

Purchase Details

Closed on
Sep 26, 2005
Sold by
Kruzich Marilyn J
Bought by
Kruzich Marilyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2005
Sold by
Kruzich Marilyn J
Bought by
Kruzich Marilyn J

Purchase Details

Closed on
Apr 30, 2003
Sold by
Mehagian Marjorie
Bought by
Mehagian John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 7, 2003
Sold by
Mehagian John
Bought by
Kruzich Marilyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.75%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,500,000 Pioneer Title
Warranty Deed $1,250,000 Greystone Title Agency Llc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed $520,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $850,000 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 Future Advance Clause Open End Mortgage
Previous Owner $310,000 New Conventional
Previous Owner $315,500 New Conventional
Previous Owner $79,000 Unknown
Previous Owner $250,000 Unknown
Previous Owner $190,000 Credit Line Revolving
Previous Owner $175,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $2,500,000 -2.0% $789 / Sq Ft
11/08/2023 11/08/23 For Sale $2,550,000 +104.0% $805 / Sq Ft
03/27/2018 03/27/18 Sold $1,250,000 -7.4% $395 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
01/10/2018 01/10/18 Price Changed $1,350,000 -1.8% $426 / Sq Ft
11/14/2017 11/14/17 Price Changed $1,375,000 -1.7% $434 / Sq Ft
09/15/2017 09/15/17 For Sale $1,399,000 -- $442 / 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 $5,088 $96,754 -- --
2024 $5,009 $92,147 -- --
2023 $5,009 $137,350 $27,470 $109,880
2022 $4,781 $102,410 $20,480 $81,930
2021 $5,120 $100,650 $20,130 $80,520
2020 $5,084 $101,830 $20,360 $81,470
2019 $4,887 $95,770 $19,150 $76,620
2018 $4,684 $91,750 $18,350 $73,400
2017 $4,476 $82,520 $16,500 $66,020
2016 $4,370 $78,620 $15,720 $62,900
2015 $4,115 $71,470 $14,290 $57,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5661141

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-30-011