NOT LISTED FOR SALE

5551 E Arroyo Verde Dr Unit 209 Paradise Valley, AZ 85253

Paradise Valley Neighborhood

Estimated Value: $3,681,178 - $4,259,000

3 Beds
3.5 Baths
3,620 Sq Ft
$1,203/mo HOA Fee

Last Sold February 15, 2019

Last sale price $2,778,671 $768 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $23,654/month

1 Day on Market

Highlights

  • Concierge
  • Golf Course Community
  • Gated with Attendant
  • Kiva Elementary School Rated A
  • Fitness Center
  • Home Energy Rating Service (HERS) Rated Property

About This Home

As of February 2019

Luxury New Villa at Mountain Shadows Resort Paradise Valley location. Enjoy resort living w/ full amenities at adjacent resort combined with distinct architectural designs. Enjoy views from 800+ sq. ft. outdoor deck. This Villa has 20 ft. high entry foyer with private elevator/stairs to living level. Luxurious designer features include, Wolf combo dual fuel range oven and microwave, Sub Zero refrigerator, Asko dishwasher, Zephyr hood,10 ft. high ceilings, 9 ft. bi-fold doors to deck,9 ft. bi-fold from master suite to deck, indoor/outdoor fireplaces, 3 bedroom, 3.5 bathroom, 2 car private driveway, 2 car private attached garage, 24 hr guarded entry, & more!

Last Agent to Sell the Property

Maura Casey

RETSY License #BR013287000 Listed on: 09/20/2018

RETSY

Last Buyer's Agent

Joanne Kim

Realty ONE Group License #BR571845000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,435

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • Cul-De-Sac
  • Private Streets
  • Block Wall Fence

HOA Fees

  • $1,203 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Oversized Parking
  • Garage ceiling height seven feet or more
  • Garage Door Opener

Home Design

  • Designed by JZMK Architects
  • Contemporary Architecture
  • Wood Frame Construction
  • Spray Foam Insulation
  • Foam Roof
  • Stucco

Interior Spaces

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

Kitchen

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

Flooring

  • Carpet
  • Stone

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

Accessible Home Design

  • Roll-in Shower
  • No Interior Steps

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Tankless Water Heater
  • High Speed Internet

Additional Features

  • Home Energy Rating Service (HERS) Rated Property
  • Covered Patio or Porch

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 209
  • Assessor Parcel Number 169-30-230

Community Details

Overview

  • Association fees include ground maintenance, (see remarks), street maintenance, trash
  • Assoc. Asset Mgt Association, Phone Number (480) 821-2321
  • Built by The New Home Company
  • Villas At Mountain Shadows 2 Condominiums 2 Subdivision, Residence Plan 2

Amenities

  • Concierge
  • Recreation Room

Recreation

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

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,435

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$1,203 per month

Parking

2

Listing Details

  • Cross Street: Mountain Shadows Dr. and Lincoln
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: JZMK
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1203.0
  • Basement: N
  • Cooling HVAC SEER Rating: 16
  • Energy Green Feature H E R S Cert Date: 2017-05-05
  • 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: 2018
  • Tax Year: 2018
  • Directions: 1 block West of 56th St turn south on Mountain Shadows Dr. to Guard gate, proceed to East Valley Vista Ln then turn left.
  • Master Model: Residence Plan 2
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.07
  • Subdivision Name: VILLAS AT MOUNTAIN SHADOWS 2 CONDOMINIUMS 2
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 1203.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Other, Carpet, Stone
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Bath Roll-In Shower
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, Other, See Remarks, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, 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, Wood Frames
  • Community Features:ClubhouseRec Room: Yes
  • 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:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Concierge: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Other, Private Street(s)
  • Lot Features: Corner Lot, Cul-De-Sac
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Under Construction
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Private Street(s): Yes
  • Construction Status:Under Construction: Yes
  • Construction:Spray Foam Insulatn: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Other7: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Other, See Remarks, Engy Star (See Rmks), Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Golf, Gated, Community Spa Htd, Community Pool Htd, Guarded Entry, Concierge, Tennis Court(s), Biking/Walking Path, Fitness Center
  • Association Fee: 1203.0
  • 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: 1376.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Assoc. Asset Mgt
  • Association Fees:HOA Management Phone: 480-821-2321
  • Association Fees:Cap ImprovementImpact Fee 2: 1376.0
  • 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: 3236.0
  • Parcel #: 169-30-230

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat
  • GreenEnergy Cert:Energy Star Cert: Yes

Building Info

  • Builder Name: The New Home Company

Tax Info

  • Tax Annual Amount: 18435.0
  • Tax Book Number: 169.00
  • Tax Lot: 209
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Kelley James and Kelley Nicole Lynn
Bought by
Oneal Family Trust and Oneal
Current Estimated Value
$3,976,059

Purchase Details

Closed on
Dec 7, 2021
Sold by
Sunyoung Kim
Bought by
James Kelley and Lynn Kelley Nicole

Purchase Details

Listed on
Sep 20, 2018
Closed on
Feb 8, 2019
Sold by
Tnhc Mountain Shadows Llc
Bought by
Kim Sunyoung
Seller's Agent
Maura Casey
RETSY
Buyer's Agent
Joanne Kim
Realty ONE Group
List Price
$2,778,671
Sold Price
$2,778,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$1,499,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Oneal Family Trust $4,100,000 Fidelity National Title Agency
James Kelley $3,200,000 Great American Ttl Agcy Inc
Kim Sunyoung $2,817,927 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelley James $2,720,000
Previous Owner Kim Sunyoung $1,499,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $2,778,671 0.0% $768 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $2,778,671 -- $768 / 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 $9,435 $157,495 -- --
2024 $10,498 $149,995 -- --
2023 $10,498 $246,930 $49,380 $197,550
2022 $10,118 $203,060 $40,610 $162,450
2021 $10,068 $235,920 $47,180 $188,740
2020 $10,006 $200,610 $40,120 $160,490
2019 $3,811 $79,930 $15,980 $63,950
2018 $416 $8,040 $8,040 $0
2017 $1,012 $20,249 $20,249 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5836208

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-30-230