1 month on rocket

5122 E Shea Blvd Unit 1164, Scottsdale, AZ, 85254

$394,900

Home List Price

$4,689*

Closing Credit

2 Bedrooms
2 Baths
1,086 SqFt
$364/SqFt
Multi

Location

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5122 E Shea Blvd Unit 1164, Scottsdale$394,900

Buyer Closing Credits

$4,689*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingElectric Door Opener
Garage1 space
Year Built1985
HeatingElectric
CoolingCeiling Fan(s)
Fireplace1 Fireplace, Family Room
MLS #6762456
Lot Size0.02 Acres
StatusActive

About 5122 E Shea Blvd Unit 1164

Own your home for less - ask about our rate buy-down! TATUM & SHEA - Location, location, location! This 2-bed, 2-bath ground-floor condo with a garage is a rare find in the sought-after Milano Terrace Private Residences. The home boasts neutral tones and has been stylishly updated with modern lighting and refreshed bathrooms. The kitchen features granite countertops, along with a newer dishwasher and refrigerator. The open floor plan is perfect for entertaining and includes a cozy fireplace in the great room. Energy efficiency is enhanced by dual-pane windows and sliding doors, plus a newer oversized washer and dryer. This gated community offers two heated pools, hot tubs, BBQs, a fire pit, and a TV-equipped gazebo. Home is OCCUPIED - Please do not disturb. Stay fit in the on-site gym or enjoy a leisurely walk along scenic paths winding through the community's fountains and ponds. For your convenience, there's an electric vehicle charging station, and the property is located close to Stone Creek Golf Course. In the coveted 85254 zip code, Milano Terrace is part of top-rated Scottsdale public schools and is just minutes from upscale shopping at Scottsdale Quarter and the upcoming Paradise Valley Mall renovation. Walk or bike to Whole Foods, Trader Joe's, and nearby dining options. Ideal for a vacation home or permanent residence, this condo offers the ultimate in luxury and convenience.

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Stories: 2
  • Living Area: 1,086 SqFt

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (602) 230-7600
  • Listing Agent: Rachel Rodriguez

Interior Features

Interior Information:

  • Flooring Type: Carpet, Tile
  • Interior: Drink Wtr Filter Sys, No Interior Steps, Pantry, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Fireplace: 1 Fireplace, Family Room

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Covered Patio(s), Patio, Private Yard, Storage

Parking Information:

  • Garage Space: 1 space
  • Parking: Electric Door Opener

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $394,900
  • Price Per SqFt: $364/SqFt

HOA Fees:

  • Amount: $300
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,080
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Scottsdale, AZ.

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Scottsdale, AZ

City

Med. Sold Price

$850.3K

Med. Price/SqFt

$409

Avg. Days On Market

74

# of Sold Homes

472

5122 E Shea Blvd Unit 1164 vs Scottsdale

57 DAYS ON ROCKET

-17 Days

$394,900

-$455.4K Less

$364/SqFt

-$45 Less

KEY TAKEAWAY

This property is $455.4K less than the Median Sold Price and $45/SqFt less than other homes in Scottsdale, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6762456

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (602) 230-7600
  • Listing Agent: Rachel Rodriguez

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,080$19,960
2020$1,063$18,950
2019$994$16,920
2017$944$14,550

History based on county public records data.

Payment Calculator

$2,338

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,250

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-708035
10
/10

  • Cherokee Elementary School

  • 8801 N 56th St

  • 1.47 miles

  • Public District Grades EE-5

school-card-donut-708036
10
/10

  • Sequoya Elementary School

  • 11808 N 64th St

  • 1.71 miles

  • Public District Grades PK-5

school-card-donut-708037
9
/10

  • Desert Shadows Elementary School

  • 5902 E Sweetwater Ave

  • 1.82 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,932. Residents of Scottsdale, AZ typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Arizona›Maricopa County›Scottsdale›85254›5122 E Shea Blvd Unit 1164

This home is located at 5122 E Shea Blvd Unit 1164 in Scottsdale, AZ and zip code 85254 in the Paradise Valley Village neighborhood. This 1,086 square foot home, which was built in 1985, sits on a 0.02 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $394,900.

In October 2024, from all listings sold in Scottsdale, AZ there were more than 25 sold above asking price, over 369 sold below and more than 78 were sold right at the asked price. The number of homes for sale in Scottsdale, AZ increased by 11.1% between September 2024 and October 2024. In October 2024, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $850,350.

From Rocket Homes Real Estate and based on county public records data.

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