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Sold for $3,140,000
  • $3,140,000

    5593 E EDWARD Lane, Paradise Valley, AZ 85253

    3beds
    3,620sqft
    Apartment
    Built in 2018
    -- sqft lot
    $3,184,300 Zestimate®
    $867/sqft
    $7,601 Estimated rent

    Home value

    $3,184,300

    $2.90M - $3.50M

    $7,601/mo

    Zestimate® history
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    What's special

    Private elevatorSub zero refrigeratorZephyr hoodMotorized shadesCrestron smart homeAsko dishwasher
    Camelback View. Enjoy resort living w/ full amenities at adjacent Mountain Shadows resort combined with distinct architectural designs. Enjoy views from 800+ sq. ft. outdoor deck. This Villa has 20 ft. high entry foyer with private elevator/stairs to living level. Luxurious designer features include, Wolf combo dual fuel range oven and microwave, Sub Zero refrigerator, Asko dishwasher, Zephyr hood,10 ft. high ceilings, 9 ft. bi-fold doors to deck, 9 ft. bi-fold from primary suite to deck, indoor/outdoor fireplaces, Crestron smart home, Lutron lighting, motorized shades, surround sound, 24 hr guarded entry, & more! Includes membership in Citizen's Club at Mountain Shadows - fitness center, classes, signing privileges, golf, discounts on all retail services, including food, rooms, golf.

    Zillow last checked:

    Listing updated:

    Listed by:

    Maura Casey 480-980-3545,

    RETSY

    Bought with:

    Joshua M Shaver, SA656783000

    Russ Lyon Sotheby's International Realty

    Catherine Lewis, SA664667000

    Russ Lyon Sotheby's International Realty

    Source: ARMLS,MLS#: 6755781MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • ENERGY STAR Qualified Equipment, Electric
    Cooling
    • HVAC SEER Rating, Central Air, ENERGY STAR Qualified Equipment, Programmable Thmstat
    Appliances
    • Included: Dryer, Washer, Water Softener Owned, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven
    • Laundry: Inside, Gas Dryer Hookup, See Remarks, Engy Star (See Rmks)
    Features
    • Non-laminate Counter, High Speed Internet, Smart Home, Double Vanity, Other, See Remarks, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Tile, Wood
    • Windows: Low Emissivity Windows, Double Pane Windows, ENERGY STAR Qualified Windows, Wood Frames
    • Has basement: No
    • Number of fireplaces: 2
    • Fireplace features: Exterior Fireplace, Family Room
    • Furnished: Yes
    Interior area
    • Total structure area: 3,620
    • Total interior livable area: 3,620 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Door Opener, Extended Length Garage, Over Height Garage, Electric Vehicle Charging Station(s)
    • Garage spaces: 2
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: Zero-Grade Entry, Hard/Low Nap Floors, Exterior Curb Cuts, Bath Roll-In Shower, Bath Lever Faucets, Accessible Hallway(s)
    Features
    • Stories: 2
    • Patio & porch: Covered
    • Exterior features: Other, Balcony, Private Street(s)
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 3,236 Square Feet
    • Features: None, Borders Common Area, North/South Exposure, Corner Lot, Desert Front, Cul-De-Sac
    Details
    • Parcel number: 16930233

    Construction

    Type & style
    • Home type: Apartment
    • Architectural style: Contemporary
    • Property subtype: Apartment
    • Attached to another structure: Yes
    Materials
    • Spray Foam Insulation, Stucco, Wood Frame, Painted
    • Roof: Foam
    Condition
    • Year built: 2018
    Details
    • Builder name: The New Home Company

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Pvt Water Company
    Green energy
    • Water conservation: Tankless Ht Wtr Heat, Recirculation Pump

    Community & HOA

    Community
    • Features: Pool, Golf, Gated, Community Spa Htd, Guarded Entry, Concierge, Tennis Court(s), Biking/Walking Path, Fitness Center
    • Security: Fire Sprinkler System, Security System Owned, Security Guard
    • Subdivision: VILLAS AT MOUNTAIN SHADOWS 2 CONDOMINIUMS 2
    HOA
    • Has HOA: Yes
    • Services included: Roof Repair, Insurance, Maintenance Grounds, Other (See Remarks), Street Maint, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior
    • HOA fee: $218 monthly
    • HOA name: Mtn Shadows Master
    • HOA phone: 602-957-9191
    • Second HOA fee: $375 monthly
    • Second HOA name: MS Resort Flats
    • Second HOA phone: 602-957-9191
    • Third HOA fee: $556 monthly
    Location
    • Region: Paradise Valley

    Financial & listing details

    • Price per square foot: $867/sqft
    • Tax assessed value: $2,517,200
    • Annual tax amount: $6,030
    • Date on market: 9/20/2024
    • Cumulative days on market: 66 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/27/2024Sold$3,140,000-1.9%$867/sqft
    Source: ARMLS #6755781 Report a problem
    11/26/2024Pending sale$3,200,000$884/sqft
    Source: ARMLS #6755781 Report a problem
    9/20/2024Listed for sale$3,200,000+10.3%$884/sqft
    Source: ARMLS #6755781 Report a problem
    4/28/2021Sold$2,900,000+31.9%$801/sqft
    Source: ARMLS #6226855 Report a problem
    9/10/2019Sold$2,199,000$607/sqft
    Source: ARMLS #5866793 Report a problem
    8/13/2019Pending sale$2,199,000$607/sqft
    Source: The New Home Company #5866793 Report a problem
    7/26/2019Price change$2,199,000-2.9%$607/sqft
    Source: The New Home Company #5866793 Report a problem
    7/3/2019Price change$2,265,489+0.4%$626/sqft
    Source: The New Home Company #5866793 Report a problem
    4/17/2019Price change$2,255,489+0.4%$623/sqft
    Source: The New Home Company #5866793 Report a problem
    4/10/2019Price change$2,245,489+0.4%$620/sqft
    Source: The New Home Company #5866793 Report a problem
    2/8/2019Price change$2,237,424+0.5%$618/sqft
    Source: The New Home Company #5866793 Report a problem
    1/11/2019Price change$2,226,361+2.3%$615/sqft
    Source: The New Home Company #5866793 Report a problem
    7/2/2018Price change$2,176,361-6.6%$601/sqft
    Source: The New Home Company #5715302 Report a problem
    4/17/2018Price change$2,329,361+7.8%$643/sqft
    Source: The New Home Company #5715302 Report a problem
    2/17/2018Listed for sale$2,161,140$597/sqft
    Source: The New Home Company #5715302 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,672 -5.4%$251,720 -7.9%
    2024$5,996 +1.4%$273,360 +193.1%
    2023$5,915 +1.7%$93,266 -54.1%
    2022$5,816 +5.1%$203,060 -13.9%
    2021$5,533 -5.7%$235,920 +17.6%
    2020$5,868 +1310.1%$200,610 +88.2%
    2019$416 $106,570 +1225.5%
    2018$416 -58.9%$8,040 -60.3%
    2017$1,012 $20,249
    Find assessor info on the county website

    Neighborhood: 85253

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Kiva Elementary School
    • Middle: Mohave Middle School
    • High: Saguaro 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
    $3,184,300
    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
    $3,184,300