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For sale
    • Price cut: $15K (6/29)
    $400,000

    5122 E SHEA Boulevard #1023, Scottsdale, AZ 85254

    2beds
    1,086sqft
    : 
    $2,761/mo
    Get pre-qualified
    Condominium
    Built in 1985
    -- sqft lot
    $-- Zestimate®
    $368/sqft
    $325/mo HOA

    What's special

    Private one-car garageQuiet courtyard patio
    Space to Breathe, Steps from the Fairway Picture starting your day with coffee on a quiet courtyard patio, then heading out for a walk along Stonecreek Golf Course just steps from your front door. That's life at this 2-bedroom, 2-bath condo in Milano Terrace. At 1,086 square feet, it's sized just right -- and the bedrooms here are genuinely large, giving you room to spread out that's hard to find at this price point. Add a private one-car garage, and you've got the kind of everyday convenience that's easy to take for granted until it's yours. Step outside and you're minutes from the grocery stores, shops, restaurants, and coffee houses that make this stretch of Scottsdale so easy to love, with quick access to both the 51 and 101. Located in the PV School District, and priced at $400,000, Milano is approved for both FHA and VA financing; this home opens the door for first-time buyers, rightsizers, winter visitors, or anyone ready for an easy, low-maintenance second home in the sun. Some homes you buy for the price. This one, you buy for how it feels to come home to.
    104 days
    |
    411
    |
    25
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lauren Loeffler 602-565-0193,

    eXp Realty

    Source: ARMLS,MLS#: 7021748MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Washer/Dryer Stacked, Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range
      • Laundry: Inside
      Features
      • High Speed Internet, No Interior Steps, Pantry, 3/4 Bath Master Bdrm, Laminate Counters
      • Flooring: Vinyl
      • Windows: Screens
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      • Common walls with other units/homes: 1 Common Wall,End Unit
      Interior area
      • Total structure area: 1,086
      • Total interior livable area: 1,086 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Unassigned, Garage Door Opener
      • Garage spaces: 1
      Features
      • Stories: 2
      • Patio & porch: Covered, Patio
      • Exterior features: Storage
      • Spa features: None
      • Fencing: None
      Lot
      • Size: 1,138 Square Feet
      • Features: Desert Front
      Details
      • Parcel number: 16775105

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Stucco, Wood Frame, Painted
      • Roof: Tile
      Condition
      • Year built: 1985

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water

      Community & HOA

      Community
      • Features: Pool, Gated, Community Spa, Community Spa Htd, Near Bus Stop, Biking/Walking Path, Fitness Center
      • Subdivision: MILANO TERRACE PRIVATE RESIDENCES CONDOMINIUM
      HOA
      • Has HOA: Yes
      • Services included: Insurance, Maintenance Grounds, Roof Replacement, Maintenance Exterior
      • HOA fee: $325 monthly
      • HOA name: Milano Terrace
      • HOA phone: 602-957-9191
      Location
      • Region: Scottsdale

      Financial & listing details

      • Price per square foot: $368/sqft
      • Tax assessed value: $305,000
      • Annual tax amount: $1,317
      • Date on market: 4/30/2026
      • Cumulative days on market: 104 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Condominium

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/29/2026Price change$400,000-3.6%$368/sqft
        Source: ARMLS #7021748 Report a problem
        5/27/2026Price change$415,000-3.5%$382/sqft
        Source: ARMLS #7021748 Report a problem
        5/1/2026Listed for sale$430,000+76.3%$396/sqft
        Source: ARMLS #7021748 Report a problem
        11/30/2006Sold$243,926$225/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,309 +4.7%$30,500 -7%
        2024$1,250 +0.9%$32,780 +123.4%
        2023$1,239 +3.6%$14,676 -31%
        2022$1,195 -2.1%$21,280 +6.6%
        2021$1,220 +3.9%$19,960 +5.3%
        2020$1,175 -7.6%$18,950 +12%
        2019$1,271 $16,920 +8.6%
        2018$1,271 +34.7%$15,580 +7.1%
        2017$944 +11.8%$14,550 +10.1%
        2016$844 +1.1%$13,210 +4.2%
        2015$835 $12,680 +18.2%
        2014-- $10,730 +24.8%
        2013-- $8,600 -6.5%
        2012-- $9,200 -32.1%
        2011-- $13,550 -18.1%
        2010-- $16,550 -19.7%
        2009-- $20,600 -0.2%
        2008-- $20,650 +54.1%
        2007-- $13,400 +98.1%
        2006-- $6,763
        2005-- $6,763 -10.4%
        2004-- $7,544 -7.4%
        2003-- $8,150 +45.5%
        2002-- $5,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 85254

        Getting around

        44 / 100
        Car-Dependent
        34 / 100
        Some Transit
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Sequoya Elementary School
        • Middle: Cocopah Middle School
        • High: Chaparral High School
        • District: Scottsdale 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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