5455 E LINCOLN Drive, 1001, Paradise Valley, AZ 85253 (MLS# 5988732)

5455 E LINCOLN Drive, 1001, Paradise Valley, AZ 85253

$865,000
Property Type: Residential Bedrooms: 1 Baths: 1.5 Square Footage: 1,021 Lot Size (sq. ft.): 1,021 Status: Closed
Current Price: $840,000 Last Modified: 10/04/2022

Description

A special opportunity to purchase a resale luxury condominium at the world-renowned Mountain Shadows Resort. Located in the heart of Paradise Valley between the iconic Camelback and Mummy mountains, this is lock 'n leave resort living at its best. This unique ground floor, end unit offers additional natural light and a rare half bath. Poured-in-place concrete vaulted ceilings and sliding glass walls create contemporary drama. All furnishings and fixtures are included which sets the stage for steady investment income by participating in the resort's rental program. Revenue statements are available by request. Residents have access to all resort amenities including the heated pool, spa, fitness center and restaurant. An exclusive Arizona lifestyle awaits you.

More Information MLS# 5988732

Contract Information

Status Change Date: 2021-10-06 Sold Price: $840,000 Status: Closed Current Price: $840,000 List Date: 2019-10-07 Type: ER Ownership: Fee Simple Subagents: N Buyer/Broker: Y Buyer Broker $/%: % Comp to Buyer Broker: 3 Variable Commission: Y

Location, Tax & Legal

Map Code/Grid: N36 House Number: 5455 Compass: E Street Name: LINCOLN St Suffix: Drive Unit #: 1001 City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 Country: USA County Code: Maricopa Assessor's Map #: 30 Assessor's Parcel #: 142 Assessor Number: 169-30-142 Legal Description (Abbrev): LOT 1001 MOUNTAIN SHADOWS RESORT HOTEL CONDOMINIUM MCR 127134 Subdivision: MOUNTAIN SHADOWS RESORT HOTEL CONDOMINIUM Tax Municipality: Maricopa - CITY Taxes: 3146.72 Tax Year: 2018

General Property Description

Dwelling Type: Apartment Style/Flat Dwelling Styles: Stacked Exterior Stories: 3 # of Interior Levels: 1 # Bedrooms: 1 # Bathrooms: 1.5 Approx SQFT: 1021 Price/SqFt: 822.72 Horses: N Model: Plan E Builder Name: Westroc Hospitality Year Built: 2017 Approx Lot SqFt: 1021 Approx Lot Acres: 0.023 Pool: Community Only Planned Comm Name: Mountain Shadows Resort Marketing Name: Mountain Shadows Resort 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 & LINCOLN DR Directions: West on Lincoln Drive to Mountain Shadows Resort entrance. Enter main lobby and seek directions from front desk. Geo Lat: 33.530105 Geo Lon: -111.962587

Status Change Info

Off Market Date: 2021-10-06 Under Contract Date: 2021-09-16 Close of Escrow Date: 2021-10-06 Sold Price: $840,000

Legal Info

Township: 2N Range: 4E Section: 8 Lot Number: 1001

Association & Fees

HOA Y/N: Y HOA Fee: 612.6 HOA Paid Frequency: Monthly HOA Name: MOUNTAIN SHADOWS RES HOA Telephone: 480-624-5400 HOA 2 Y/N: Y Association Fee 2: 200 Association Fee 2 Frequency: Monthly HOA 2 Name: Mountain Shadows Res HOA 2 Telephone: 480-624-5400 HOA Management Company 2: Resort Fee HOA 3 Y/N: N PAD Fee Y/N: Y PAD Paid (Freq): Monthly Cap Improvement/Impact Fee $/%: $ Cap Improvement/Impact Fee 2 $/%: $ Land Lease Fee Y/N: N Rec Center Fee Y/N: Y Rec Center Fee: 200 Rec Center Pd (Freq): Monthly Rec Center Fee 2 Y/N: N Ttl Mthly Fee Equiv: 1012.6

Architect

Architect: Allen + Phillip

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Parking Spaces

Garage Spaces: 1 Total Covered Spaces: 1

Sold Info

Loan Type: Other Payment Type: Other Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Special Listing Cond: N/A Add'l Property Use: Other (See Remarks) Architecture: Contemporary Building Style: High Rise Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Sinks; Private Toilet Room Fireplace: Firepit Flooring: Stone; Wood Windows: Dual Pane; Low-E Pool Features: No Pool Spa: None Community Features: Clubhouse/Rec Room; Community Pool; Community Pool Htd; Community Spa; Community Spa Htd; Concierge; Gated Community; Golf Course; Guarded Entry; On-Site Guard; Transportation Svcs; Workout Facility Dining Area: Eat-in Kitchen Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Granite Countertops; Kitchen Island Laundry: Wshr/Dry HookUp Only Features: Roller Shields; Fire Sprinklers; No Interior Steps; Furnished(See Rmrks) Accessibility Feat.: Hallways 36in+ Wide; Bath Roll-In Shower; Ktch Low Cabinetry; Remote Devices; Exterior Curb Cuts Technology: 3+ Exist Tele Lines; Pre-Wire Sat Dish Parking Features: Addtn'l Purchasable; Gated Parking; Over Height Garage; Separate Strge Area; Valet Construction: Frame - Metal; Other (See Remarks) Const - Finish: EIFS Synthetic Stcco Construction Status: Under Construction Roofing: Concrete Cooling: Refrigeration Heating: Electric Plumbing: Recirculation Pump Utilities: APS; SW Gas Water: City Water; Pvt Water Company Sewer: Sewer - Public Services: City Services Fencing: Block Property Description: Golf Course Lot; City Light View(s); Mountain View(s) Landscaping: None Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Possession: Close of Escrow Unit Style: One Common Wall Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Pest Control; Gas; Front Yard Maint; Common Area Maint; Street Maint Assoc Rules/Info: Pets OK (See Rmrks); Rental OK (See Rmks); Club, Membership Opt; Prof Managed Existing 1st Loan: Treat as Free&Clear New Financing: Conventional; 1031 Exchange Disclosures: Agency Discl Req
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: October - 04 - 2022
5455 E LINCOLN Drive, 1001, Paradise Valley, AZ 85253- MLS# 5988732
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