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$393,479Estimated home value

Beds
2
Baths
2.0
sq ft
1,086

5122 East Shea Boulevard Unit 2050, Scottsdale, AZ 85254

5122 East Shea Boulevard Unit 2050

Scottsdale, AZ 85254

  • Sold On 11/2/2024
    • Price drop $5,000↓
Best priced condo in the area with a garage!! Be the proud owner of this lovely 2 bedroom, 2 bathroom property located in Milano Terrace. You will be greeted by a spacious living/dining area showcasing glossy wood-look flooring, a neutral color palette, vaulted ceilings, and a charming fireplace. The well-appointed kitchen boasts cherry wood cabinetry with new range and microwave. The primary bedroom features large mirrored closets and newly tiled shower. Private corner unit with patio off the family room.

Details

Property type

Townhouse

Est. home value

$393,479

Lot size

116 sq ft

Price per sq ft

$355

Year built

1985

Annual property taxes

$1,067

Monthly HOA fee

$300

Price History

11/01/2024
ArizonaRegional

ArizonaRegional #6717519

Sold
$385,000
10/03/2024
ArizonaRegional

ArizonaRegional #6717519

Pending
$385,000
09/29/2024
ArizonaRegional

ArizonaRegional #6717519

Price change
$385,000
-1.28%

Schools & Community

Neighborhood: 

Paradise Valley

Elementary school: 

Liberty Elementary School - Scottsdale

Middle school: 

Cocopah Middle School

High school: 

Horizon High School

Community features: 

Gated, Golf, Clubhouse, Fitness Center

High school district: 

Scottsdale Unified District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$122,822
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$231,378
Cash to seller
$122,822

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

May 2020

Original loan amount

$256,000

Est. remaining balance

$231,378

Interest rate

3.33%

Loan type

VA, 30 year

Seller

Kevin Clark

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 01/15/2025 at 4:45 AM

Listing updated: 12/02/2024 at 3:05 AM

Listed by: Brad Phillips, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6717519

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