$840,000
5455 E LINCOLN Drive, 1001
Paradise Valley, AZ 85253
MLS# 5988732
Status: Closed
1 beds  |  1.5 baths


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

Details
Maps
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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