$2,691,750
5523 E ARROYO VERDE Drive
Paradise Valley, AZ 85253
MLS# 6468484
Status: Closed
3 beds  |  3 baths


5523 E ARROYO VERDE Drive, Paradise Valley, AZ 85253
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Property Description
Luxury Paradise Valley Villa nestled at the base of Camelback Mountain within the state-of-the-art Mountain Shadows Resort. With over $400k in upgrades, this 3-bedroom, 3-bath soft contemporary villa is equipped with a private pool, oak flooring, indoor and outdoor gas fireplaces, smart home control system, motorized shades, and more. The spacious entertainment area opens to the high-end kitchen, which is equipped with quartz countertops, 48'' Wolf range, Wolf convection microwave, built-in Wolf espresso machine, 48'' Sub-Zero refrigerator, and 2 full-sized Sub-Zero wine coolers. The monthly HOA for this resort-style living includes a membership to the Citizens Club, access to the Mountain Shadows hotel pool and fitness center, discounts on room rates, hotel dining, and golf.

Details
Maps
Contract Information
Status Change Date: 2022-11-17
Sold Price: $2,691,750
Status: Closed
Current Price: $2,691,750
List Date: 2022-09-23
Type: ER
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2.5
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: N36
House Number: 5523
Compass: E
Street Name: ARROYO VERDE
St Suffix: Drive
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 4252
Country: USA
County Code: Maricopa
Assessor's Map #: 30
Assessor's Parcel #: 208
Assessor Number: 169-30-208
Legal Description (Abbrev): LOT 107 VILLAS AT MOUNTAIN SHADOWS 2 CONDOMINIUMS 2 MCR 129841
Subdivision: VILLAS AT MOUNTAIN SHADOWS 2 CONDOMINIUMS 2
Tax Municipality: Paradise Valley
Taxes: 5120
Tax Year: 2022
General Property Description
Dwelling Type: Apartment Style/Flat
Dwelling Styles: Stacked
Exterior Stories: 2
# of Interior Levels: 1
# Bedrooms: 3
# Bathrooms: 3
Approx SQFT: 2502
Price/SqFt: 1075.83
Horses: N
Builder Name: THE NEW HOME COMPANY
Year Built: 2017
Approx Lot SqFt: 2435
Approx Lot Acres: 0.056
Pool: Both Private & Community
Elementary School: Kiva Elementary School
Jr. High School: Mohave Middle School
High School: Saguaro High School
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Remarks & Misc
Cross Street: 56th St and Lincoln Dr
Directions: From Lincoln turn South onto Mt Shadows Golf Club, enter through the guard gate, turn left onto E Arroyo Verde Dr, 3rd villa on the right.
Geo Lat: 33.529435
Geo Lon: -111.961803
Status Change Info
Off Market Date: 2022-10-23
Under Contract Date: 2022-10-18
Close of Escrow Date: 2022-11-16
Sold Price: $2,691,750
Legal Info
Township: 2N
Range: 4E
Section: 8
Lot Number: 107
Association & Fees
HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Fee: 560.14
HOA Paid Frequency: Monthly
HOA Name: MS Resort Flats
HOA Telephone: 602-957-9191
Special Assessment HOA: No
HOA 2 Y/N: Y
Association Fee 2: 208.72
Association Fee 2 Frequency: Monthly
HOA 2 Name: Mountain Shadows Mst
HOA 2 Telephone: 602-957-9191
Special Assessment HOA 2: No
HOA 3 Y/N: Y
HOA 3 Fee: 229.26
HOA Paid Frequency 3: Monthly
HOA 3 Name: Town in Lieu
HOA 3 Telephone: 602-957-9191
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 2160.84
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2 $/%: $
Disclosure Fees HOA: 400
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Ttl Mthly Fee Equiv: 998.12
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Parking Spaces
Garage Spaces: 2
Slab Parking Spaces: 2
Total Covered Spaces: 2
Cooling
HVAC SEER Rating: 16
Energy/Green Feature
HERS Rating Y/N: Y
HERS Rating: 54
HERS Cert Date: 2016-09-02
Contact Info
List Agent Home Phn: 480-664-4411
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Architecture: Contemporary
Building Style: 2-3-4 Plex
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Sinks; Private Toilet Room
Master Bedroom: Split; Downstairs
Additional Bedroom: Other Bedroom Split; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet
Fireplace: 2 Fireplace; Gas Fireplace; Exterior Fireplace
Flooring: Wood
Windows: Dual Pane; ENERGY STAR Qualified Windows; Low-E; Mechanical Sun Shds; Wood Frames
Pool Features: Private
Spa: None
Community Features: Biking/Walking Path; Clubhouse/Rec Room; Community Pool Htd; Community Spa Htd; Concierge; Gated Community; Golf Course; Guarded Entry; On-Site Guard; Workout Facility
Dining Area: Breakfast Bar; Dining in LR/GR
Kitchen Features: Range/Oven Gas; Cook Top Gas; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Engy Star (See Rmks); Multiple Ovens; Non-laminate Counter; Kitchen Island
Laundry: Washer Included; Dryer Included; Inside
Features: 9+ Flat Ceilings; Fire Sprinklers; No Interior Steps; Water Softener Owned; Soft Water Loop; Other; See Remarks
Technology: 3+ Exist Tele Lines; Pre-Wire Sat Dish; Sat Dish TV Ownd; Cable TV Avail; High Speed Internet Available; Ntwrk Wrng Multi Rms; Smart Home System
Exterior Features: Covered Patio(s); Patio; Pvt Yrd(s)/Crtyrd(s); Other
Parking Features: Dir Entry frm Garage; Electric Door Opener
Construction: Frame - Wood; Spray Foam Insulatn
Const - Finish: Painted; Stucco; Siding
Roofing: Foam
Cooling: Refrigeration; Ceiling Fan(s); Programmable Thmstat
Heating: Natural Gas
Plumbing: Tankless Ht Wtr Heat; Gas Hot Wtr – Tnklss
Green/Energy Cert: Energy Star Cert
Utilities: APS; SW Gas
Water: Pvt Water Company
Sewer: Sewer - Public
Services: City Services
Fencing: Block
Property Description: Mountain View(s); North/South Exposure; Borders Common Area
Landscaping: Auto Timer H2O Front; Auto Timer H2O Back
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Possession: Close of Escrow
Unit Style: All on One Level
Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Garbage Collection; Common Area Maint; Other (See Remarks)
Assoc Rules/Info: Pets OK (See Rmrks); Clubhouse/Rec Center; Prof Managed
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Trms: Non Assumable
New Financing: Conventional
Disclosures: Seller Discl Avail; Other (See Remarks)

Listing Office: HomeSmart

Last Updated: December - 27 - 2023

5523 E ARROYO VERDE Drive, Paradise Valley, AZ 85253 - MLS# 6468484
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