NOT LISTED FOR SALE

5548 E Stella Ln Paradise Valley, AZ 85253

Estimated Value: $2,538,000 - $3,975,637

3 Beds
3.5 Baths
3,615 Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: September 15, 2020

Last sale price $1,775,000 $491 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $19,622 / mo

359 Days on Market

Highlights

  • 1 Fireplace
  • Dual Vanity Sinks in Primary Bathroom
  • Kitchen Island
  • Kiva Elementary School Rated A
  • Breakfast Bar
  • Central Air

About This Home

As of September 2020

Luxury Villa at Mountain Shadows in Paradise Valley. Resort living w/ full amenities: concierge services, 4500 sf fitness center w/ group classes included, heated resort pool, golf, Sanctuary spa, tennis, & more. Single level living, personal lobby w/ private elevator, distinct architectural designs and indoor/outdoor living style - 9' bi-fold doors from great room. Luxurious included 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, Energy Star rated, 24 hr guard gate.

Last Agent to Sell the Property

Justyna Korczynski

Risewell Homes License #SA684371000 Listed on: 08/21/2019

Co-Listed By

Maura Casey

Polaris Pacific of AZ License #BR013287000

Last Buyer's Agent

Maura Casey

RETSY License #BR013287000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,861

Year Built

  • Built in 2020

Lot Details

  • Block Wall Fence

HOA Fees

  • $1,193 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Spray Foam Insulation
  • Concrete Roof
  • Stucco

Interior Spaces

  • 3,615 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include ground maintenance, (see remarks), street maintenance, trash
  • Mtn. Shadows Master Association, Phone Number (480) 821-2321
  • Built by THE NEW HOME COMPANY
  • Villas At Mountain Shadows 2 Condominiums 2 Subdivision

Listing and Financial Details

  • Tax Lot 220
  • Assessor Parcel Number 169-30-297

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,861

Year Built

Built in 2020

Lot Details

3,920 Sq Ft Lot

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
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2020
  • Tax Year: 2019
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.09
  • Co List Office Mls Id: tnhc001
  • Co List Office Phone: 480-634-6385
  • Subdivision Name: VILLAS AT MOUNTAIN SHADOWS 2 CONDOMINIUMS 2
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 491.01
  • Association Fees:HOA Fee2: 1192.97
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Breakfast Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3615.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Spray Foam Insulation, Stucco, Painted
  • Roof: Concrete
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • 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: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:Street Maint: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other (See Remarks), Street Maint, Trash

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: 3789.0
  • Parcel #: 169-30-297

Building Info

  • Builder Name: THE NEW HOME COMPANY

Tax Info

  • Tax Annual Amount: 5861.0
  • Tax Book Number: 169.00
  • Tax Lot: 220
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2025
Sold by
Fishman Michael J and Glass Elaine A
Bought by
Mfeg Family Trust and Fishman
Current Estimated Value
$3,286,909

Purchase Details

Listed on
Aug 21, 2019
Closed on
Aug 14, 2020
Sold by
Tnhc Mountain Shadows Llc
Bought by
Fishman Michael J and Glass Elaine A
Seller's Agent
Justyna Korczynski
Risewell Homes
Buyer's Agent
Maura Casey
Polaris Pacific of AZ
List Price
$2,225,000
Sold Price
$1,775,000
Premium/Discount to List
-$450,000
-20.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Original Mortgage
$1,280,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records
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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
Mfeg Family Trust -- None Listed On Document
Fishman Michael J $1,775,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fishman Michael J $1,280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2020 09/15/20 Sold $1,775,000 -2.7% $491 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
07/29/2020 07/29/20 Price Changed $1,825,000 -8.7% $505 / Sq Ft
06/11/2020 06/11/20 Price Changed $1,999,000 +1.2% $553 / Sq Ft
06/03/2020 06/03/20 Price Changed $1,975,000 +1.3% $546 / Sq Ft
05/17/2020 05/17/20 Price Changed $1,950,000 -3.9% $539 / Sq Ft
01/21/2020 01/21/20 Price Changed $2,030,000 +1.5% $562 / Sq Ft
10/24/2019 10/24/19 Price Changed $2,000,000 -10.1% $553 / Sq Ft
09/13/2019 09/13/19 For Sale $2,225,000 +25.4% $615 / Sq Ft
09/11/2019 09/11/19 Off Market $1,775,000 -- --
08/23/2019 08/23/19 Price Changed $2,225,000 +1.6% $615 / Sq Ft
08/21/2019 08/21/19 For Sale $2,189,000 -- $606 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $10,599 $179,224 -- --
2024 $9,890 $170,690 -- --
2023 $9,890 $246,930 $49,380 $197,550
2022 $9,510 $203,060 $40,610 $162,450
2021 $10,053 $235,920 $47,180 $188,740
2020 $10,576 $200,610 $40,120 $160,490
2019 $1,330 $28,050 $28,050 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5968021

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-30-297

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