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5501 E Cholla St, Scottsdale, AZ, 85254

$2,389,900

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Baths
4,192 SqFt
$570/SqFt
House

Location

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5501 E Cholla St, Scottsdale$2,389,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Separate Strge Area, Side Vehicle Entry, Detached, Tandem, RV Access/Parking, RV Garage, Electric Vehicle Charging Station(s)
Garage6 spaces
Year Built1980
HeatingElectric, Propane
CoolingCeiling Fan(s)
Fireplace3+ Fireplace, Exterior Fireplace, Family Room
Private PoolYes
MLS #6759858
Lot Size0.77 Acres
StatusActive

About 5501 E Cholla St

Introducing a stunning new luxury listing in the heart of Scottsdale, Arizona - a contemporary masterpiece remodeled in 2022 and designed for the discerning homeowner who values elegance, comfort, and entertainment. This exquisite 5 bedroom, 3.5 bathroom residence spans almost 4,200 square feet of living space, offering an ideal blend of modern luxury and desert beauty. The home is situated on an expansive lot with room to relax, play and entertain. The open-concept design has a seamless flow between the gourmet kitchen, dining area, and living room. The chef's kitchen features state-of-the-art appliances, custom cabinetry, a large island with quartz countertops, and a walk-in butler's pantry - perfect for preparing meals while still engaging with guests. Adjacent to the kitchen, the spacious living area boasts a sleek, modern fireplace and four panel sliding glass doors that lead out to the resort-style backyard. The outdoor space is where this home truly shines as an entertainer's delight. A sparkling heated pool with a waterslide anchors the backyard, while an extended length covered patio provides the ideal setting for lounging and hosting gatherings. Enjoy cooking in the fully equipped outdoor kitchen with a new BBQ grill, ample counter space, fireplace and shaded area or relax and unwind in the above ground spa. The primary suite offers a luxurious retreat, complete with a spa-like bathroom featuring a soaking tub, dual vanities, and a walk-in shower. The suite also includes two expansive walk-in closets and direct access to the backyard. Each of the additional four bedrooms is generously sized and this floor plan ensures comfort and privacy for family members and guests alike. This Scottsdale gem combines luxurious living with a prime location, offering easy access to world-class golf courses, upscale shopping, fine dining, and the vibrant cultural scene of Old Town Scottsdale and Kierland. Welcome home!

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 1
  • Living Area: 4,192 SqFt

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (888) 897-7821
  • Listing Agent: Alesa Ottaway

Interior Features

Interior Information:

  • Flooring Type: Tile
  • Interior: Eat-in Kitchen, Breakfast Bar, Drink Wtr Filter Sys, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Fireplace: 3+ Fireplace, Exterior Fireplace, Family Room

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Covered Patio(s), Gazebo/Ramada, Patio, Private Yard, Storage, Built-in Barbecue

Parking Information:

  • Garage Space: 6 spaces
  • Parking: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Separate Strge Area, Side Vehicle Entry, Detached, Tandem, RV Access/Parking, RV Garage, Electric Vehicle Charging Station(s)

Lot Features

Lot Information:

  • Lot: Sprinklers In Rear, Sprinklers In Front, Desert Front
  • Lot Size: 0.77 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: 56th St & Shea Blvd Directions: Head north on N 56th St, Left (W) on E Cholla St. Property will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,389,900
  • Price Per SqFt: $570/SqFt

Tax Information:

  • Annual Amount: $8,190
  • 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

5501 E Cholla St vs Scottsdale

54 DAYS ON ROCKET

-20 Days

$2,389,900

+$1.5M More

$570/SqFt

+$161 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $161/SqFt more 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: #6759858

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (888) 897-7821
  • Listing Agent: Alesa Ottaway

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: 11/14/2024, 5:21:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 19, 2018Home Sold
$1,275,000
Aug 07, 2015Home Sold
$1,150,000
Jul 14, 1998Home Sold
$450,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,190$97,600
2020$8,660$89,960
2019$8,212$90,950
2017$7,290$82,400

History based on county public records data.

Payment Calculator

$11.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,232

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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-165222
10
/10

  • Sequoya Elementary School

  • 11808 N 64th St

  • 1.09 miles

  • Public District Grades PK-5

school-card-donut-165223
9
/10

  • Desert Shadows Elementary School

  • 5902 E Sweetwater Ave

  • 1.23 miles

  • Public District Grades PK-6

school-card-donut-165224
10
/10

  • Cherokee Elementary School

  • 8801 N 56th St

  • 1.66 miles

  • Public District Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $136,352. Most Scottsdale, AZ residents have annual incomes between $100k-200k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5501 E Cholla St

What is the listing price of this property?

The listing price of 5501 E Cholla St property is $2,389,900.

What type of property is this?

The property 5501 E Cholla St is a house located in Scottsdale, Arizona, 85254.

Is this property for sale now?

Active Listing: 5501 E Cholla St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,190 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 19, 2018 for $1,275,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5501 E Cholla St has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 5501 E Cholla St is 4,192 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5501 E Cholla St is 1980.

Rocket Homes›Arizona›Maricopa County›Scottsdale›85254›5501 E Cholla St

This home is located at 5501 E Cholla St in Scottsdale, AZ and zip code 85254 in the Paradise Valley Village neighborhood. This 4,192 square foot home, which was built in 1980, sits on a 0.77 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 21, 2024 and is currently priced at $2,389,900.

In October 2024 more than 25 listings in Scottsdale, AZ were sold above the asking price. During the same period more than 78 listings were sold at asking price, while more than 369 were sold below. Between September 2024 and October 2024, Scottsdale, AZ real estate market has seen increase in the number of listings by 11.1%. While the average time on the market in October 2024 was 74 days, the median list price was $850,350.

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

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