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Sold for $879,000
  • $879,000

    5121 E WALLACE Avenue, Scottsdale, AZ 85254

    3beds
    2,215sqft
    Single Family Residence
    Built in 1998
    7,800 Square Feet Lot
    $876,800 Zestimate®
    $397/sqft
    $4,875 Estimated rent

    Home value

    $876,800

    $833,000 - $921,000

    $4,875/mo

    Zestimate® history
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    What's special

    Beautifully updated single-level pool home in Scottsdale's coveted 85254 zip code, featuring a split floor-plan, dedicated office, and upgrades throughout. Perfectly positioned in a quiet and private setting, this refreshed residence offers a Scottsdale address with Phoenix municipal services. The home offers 3 bedrooms, 2 bathrooms, and a dedicated office/den arranged within a desirable split floor-plan, providing privacy for the primary suite while maintaining an easy flow for everyday living and entertaining. Recent improvements create a crisp, modern feel throughout the home, including a brand-new roof (2026), new flooring (2026), and fresh interior paint (2026), making the property truly move-in ready. The backyard offers a quiet and private retreat with a sparkling in-ground pool, perfect for relaxing afternoons or entertaining under Arizona's endless sunshine. Additional highlights include a 2-car garage and low HOA dues. Ideally located just minutes from some of the Valley's most desirable lifestyle destinations including Kierland Commons, Scottsdale Quarter, Desert Ridge Marketplace, and Paradise Valley, offering exceptional dining, shopping, and entertainment. A rare opportunity to own a beautifully updated home in one of the valley's most sought-after locations.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brad Kimmelman 480-788-1321,

    Russ Lyon Sotheby's International Realty,

    Jorge Garciadealba 203-885-8521,

    Russ Lyon Sotheby's International Realty

    Bought with:

    Rigby N Cilley, SA639906000

    Realty Executives Arizona Territory

    Source: ARMLS,MLS#: 6998662MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dryer, Washer, Water Softener Owned, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range
    Features
    • High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Separate Shwr & Tub
    • Flooring: Carpet, Tile
    • Windows: Double Pane Windows
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 2,215
    • Total interior livable area: 2,215 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street, Attached, Garage Door Opener, Direct Access
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Private Yard
    • Has private pool: Yes
    • Pool features: Outdoor Pool, Fenced
    • Spa features: None
    • Fencing: Back Yard,Block,Wrought Iron
    Lot
    • Size: 7,800 Square Feet
    • Features: North/South Exposure, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back
    Details
    • Parcel number: 21532563

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch,Spanish
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Painted
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Year built: 1998

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Subdivision: PALOS VERDES RANCH
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds
    • HOA fee: $150 quarterly
    • HOA name: Palos Verdes Ranch
    • HOA phone: 602-863-3600
    Location
    • Region: Scottsdale

    Financial & listing details

    • Price per square foot: $397/sqft
    • Tax assessed value: $709,700
    • Annual tax amount: $4,032
    • Date on market: 3/16/2026
    • Cumulative days on market: 24 days
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    4/8/2026Sold$879,000$397/sqft
    Source: ARMLS #6998662 Report a problem
    3/16/2026Listed for sale$879,000+385%$397/sqft
    Source: ARMLS #6998662 Report a problem
    12/21/2024Listing removed$2,995-3.2%$1/sqft
    Source: Zillow Rentals Report a problem
    12/18/2024Price change$3,095-3.1%$1/sqft
    Source: Zillow Rentals Report a problem
    12/6/2024Price change$3,195-3%$1/sqft
    Source: Zillow Rentals Report a problem
    11/23/2024Listed for rent$3,295+24.3%$1/sqft
    Source: Zillow Rentals Report a problem
    10/16/2018Listing removed$2,650$1/sqft
    Source: AZ Prime Property Management Report a problem
    10/8/2018Listed for rent$2,650+6.2%$1/sqft
    Source: AZ PRIME PROPERTY MANAGEMENT Report a problem
    9/19/2017Listing removed$2,495$1/sqft
    Source: AZ Prime Property Management Report a problem
    8/29/2017Listed for rent$2,495-5.8%$1/sqft
    Source: AZ Prime Property Management Report a problem
    5/5/2017Listing removed$2,650$1/sqft
    Source: AZ Prime Property Management Report a problem
    5/1/2017Listed for rent$2,650+2.1%$1/sqft
    Source: AZ Prime Property Management Report a problem
    4/11/2016Listing removed$2,595+8.4%$1/sqft
    Source: Keller Williams - Tempe - Scottsdale #5405837 Report a problem
    3/19/2016Price change$2,395-9.6%$1/sqft
    Source: Keller Williams Realty Phoenix Report a problem
    2/20/2016Price change$2,650-10.2%$1/sqft
    Source: Keller Williams Realty Phoenix Report a problem
    2/9/2016Listed for rent$2,950$1/sqft
    Source: Keller Williams Realty Phoenix Report a problem
    12/24/1997Sold$181,231$82/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,960 +2.6%$70,970 -6.2%
    2024$3,858 -3.7%$75,660 +99.5%
    2023$4,006 -0.7%$37,918 -20.7%
    2022$4,033 +2.9%$47,800 +11.6%
    2021$3,920 -0.1%$42,850 +6.5%
    2020$3,925 +3.4%$40,250 +4.3%
    2019$3,796 $38,600 +8.1%
    2018$3,796 +4.3%$35,710 +3.5%
    2017$3,639 +28.6%$34,500 +3.1%
    2016$2,829 +5.4%$33,460 +3.8%
    2015$2,684 $32,250 +25.4%
    2014-- $25,720 +15.8%
    2013-- $22,220
    2012-- $22,220 -10.7%
    2011-- $24,870 -10.4%
    2010-- $27,750 -32.9%
    2009-- $41,330 -6.5%
    2008-- $44,200 +12.5%
    2007-- $39,300 +81.9%
    2006-- $21,600
    2005-- $21,600 -5.1%
    2004-- $22,750
    2003-- $22,750 +15.5%
    2002-- $19,700
    Find assessor info on the county website

    Neighborhood: 85254

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Whispering Wind Academy
    • Middle: Sunrise Middle School
    • High: Horizon High School
    • District: Paradise Valley Unified District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $876,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $876,800