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Sold for $425,000
  • $425,000

    5122 E SHEA Boulevard #1029, Scottsdale, AZ 85254

    2beds
    2baths
    1,086sqft
    Condominium
    Built in 1985
    -- sqft lot
    $420,300 Zestimate®
    $391/sqft
    $2,125 Estimated rent

    Home value

    $420,300

    $382,000 - $462,000

    $2,125/mo

    Zestimate® history
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    What's special

    Updated lightingMature treesBird populationsScenic walking pathsGranite countertopsPainted cabinets
    If you desire to have your home be your Sanctuary...a special place of peace, natural beauty, comfort and relaxation, this condo in Milano Terrace is perfect for you! Nestled on the back tee of the 15th hole on the Stone Creek Golf Course, your Sanctuary backdrop has an incomparable view, unique to this condo's location. Mature trees, water, bird populations and scenic walking paths complete your personal Sanctuary environment, unexpected in the heart of the Shea and Tatum Boulevard corridor. Several updates have been completed making this condo turnkey. Air conditioning with 10year transferable warranty replaced in 2023. Fireplace features an electric quartz insert with stone facing, mantel, and quartzite stone hearth. Windows are dual pane with new professionally installed window coverings. Kitchen and bathrooms have granite countertops, painted cabinets, and updated lighting. Full-size, front-loading washer and dryer. New paint throughout, including the garage with epoxy floor. Large closets feature plenty of room for clothes and have shelving for additional storage. Completing your unique Sanctuary experience, imagine lounging and refreshing at one of Milano Terrace's 2 pools, both with hot tubs. You will also enjoy beautiful outdoor spaces with fountains, courtyards, covered verandas with bar-b-ques, seating and room to entertain your guests. A lovely community room and a workout space further enhance your Sanctuary living experience at Milano Terrace. Your updated new home is turnkey and move-in ready.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tamra Lee Ulmer 928-474-2550,

    Arizona Resource Realty

    Bought with:

    Patricia Berk, SA676839000

    Realty ONE Group

    Source: ARMLS,MLS#: 6805932MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • ENERGY STAR Qualified Equipment, Electric
    Cooling
    • Central Air, ENERGY STAR Qualified Equipment, Programmable Thmstat, See Remarks
    Appliances
    • Included: Electric Cooktop
    Features
    • Granite Counters, Master Downstairs, 3/4 Bath Master Bdrm
    • Flooring: Carpet, Tile
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Fire Pit, Living Room
    Interior area
    • Total structure area: 1,086
    • Total interior livable area: 1,086 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Unassigned, Gated, Garage Door Opener, Circular Driveway, Shared Driveway
    • Garage spaces: 1
    • Uncovered spaces: 1
    Features
    • Stories: 2
    • Patio & porch: Covered, Patio
    • Exterior features: Private Street(s), Private Yard, Storage, Built-in Barbecue
    • Has private pool: Yes
    • Pool features: Fenced, Heated
    • Has spa: Yes
    • Spa features: Heated, Private
    • Fencing: Wrought Iron
    Lot
    • Size: 0.26 Acres
    • Features: Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Back
    Details
    • Additional structures: Gazebo
    • Parcel number: 16775019

    Construction

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

    Utilities & green energy

    • Electric: 220 Volts in Kitchen
    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Subdivision: MILANO TERRACE PRIVATE RESIDENCES CONDOMINIUM
    HOA
    • Has HOA: Yes
    • Services included: Roof Repair, Insurance, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior
    • HOA fee: $325 monthly
    • HOA name: Milano Terrace Priva
    • HOA phone: 602-288-2691
    Location
    • Region: Scottsdale

    Financial & listing details

    • Price per square foot: $391/sqft
    • Tax assessed value: $319,500
    • Annual tax amount: $1,209
    • Date on market: 7/31/2025
    • Cumulative days on market: 107 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Condominium
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    5/30/2025Sold$425,000-1.7%$391/sqft
    Source: ARMLS #6805932 Report a problem
    5/3/2025Pending sale$432,500$398/sqft
    Source: ARMLS #6805932 Report a problem
    4/15/2025Price change$432,500-0.6%$398/sqft
    Source: ARMLS #6805932 Report a problem
    4/1/2025Price change$435,000-1%$401/sqft
    Source: ARMLS #6805932 Report a problem
    3/18/2025Price change$439,500-1.2%$405/sqft
    Source: ARMLS #6805932 Report a problem
    1/16/2025Listed for sale$445,000+3%$410/sqft
    Source: ARMLS #6805932 Report a problem
    8/1/2022Sold$432,000+76.3%$398/sqft
    Source: Public Record Report a problem
    1/29/2019Sold$245,000+6.5%$226/sqft
    Source: ARMLS #5851201 Report a problem
    11/14/2014Sold$230,000+2.2%$212/sqft
    Source: Public Record Report a problem
    8/31/2014Price change$225,000-0.9%$207/sqft
    Source: HomeSmart #5096174 Report a problem
    8/7/2014Listed for sale$227,000+26.8%$209/sqft
    Source: HomeSmart #5096174 Report a problem
    11/28/2013Listing removed$1,400$1/sqft
    Source: HomeSmart #5019848 Report a problem
    11/23/2013Price change$1,400-6.7%$1/sqft
    Source: HomeSmart #5019848 Report a problem
    10/25/2013Listed for rent$1,500$1/sqft
    Source: HomeSmart #5019848 Report a problem
    8/17/2013Listing removed$1,500$1/sqft
    Source: HomeSmart #4973106 Report a problem
    7/25/2013Listed for rent$1,500$1/sqft
    Source: HomeSmart #4973106 Report a problem
    7/18/2013Sold$179,000$165/sqft
    Source: Public Record Report a problem
    5/29/2013Listed for sale$179,000+15.5%$165/sqft
    Source: Realty Executives #4943170 Report a problem
    6/11/2012Sold$155,000-40.2%$143/sqft
    Source: Public Record Report a problem
    4/26/2006Sold$259,255$239/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,428 +15.3%$31,950 -6.4%
    2024$1,239 +3.1%$34,130 +105.1%
    2023$1,201 -11.3%$16,638 -27.1%
    2022$1,355 -2.1%$22,820 +5.3%
    2021$1,384 +3.9%$21,680 +2.7%
    2020$1,332 +4%$21,110 +7.6%
    2019$1,281 $19,610 +8.3%
    2018$1,281 +4.1%$18,100 +6%
    2017$1,231 +12%$17,080 +6.3%
    2016$1,099 +0.6%$16,070 +10%
    2015$1,093 $14,610 +19.3%
    2014-- $12,250 +25.6%
    2013-- $9,750 -6.7%
    2012-- $10,450 -30.1%
    2011-- $14,950 -18.1%
    2010-- $18,250 -20.1%
    2009-- $22,850 -0.2%
    2008-- $22,900 +59%
    2007-- $14,400 +112.9%
    2006-- $6,763
    2005-- $6,763 -10.4%
    2004-- $7,544 -18.4%
    2003-- $9,250 +65.2%
    2002-- $5,600
    Find assessor info on the county website

    Neighborhood: 85254

    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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    Estimated market value
    $420,300
    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
    $420,300