$2,500,000
5525 E LINCOLN Drive, 76
Paradise Valley, AZ 85253
MLS# 6628253
Status: Closed
3 beds  |  3 baths


5525 E LINCOLN Drive, 76, Paradise Valley, AZ 85253
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Property Description
Discover the extraordinary in this rarely found Mountain Shadows Estates West property on the 16th tee of the pristine Mountain Shadows Golf Course. Admire the ever-changing landscape of Cmlbk Mtn, where each sunset paints a masterpiece of colors from dawn to dusk right in your backyard. These exclusive residences feature double-guard gates, favorable HOA fees, & larger lots, offering unlimited potential. Easy flow, open floor plan w/ walnut hardwood floors & secondary bathroom expanded w/ double sinks. Nestled next to Mountain Shadows Resort, boasting an oversized pool residents can access at their leisure, golf, & other world-class resorts. This prime PV location also offers a treasure trove of authentic AZ dining experiences, including Elements, Hearth 61' & El Chorro!

Details
Maps
Contract Information
Status Change Date: 2024-01-13
Sold Price: $2,500,000
Status: Closed
Current Price: $2,500,000
List Date: 2023-11-08
Type: ER
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
House Number: 5525
Compass: E
Street Name: LINCOLN
St Suffix: Drive
Unit #: 76
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 4176
Country: USA
County Code: Maricopa
Assessor's Map #: 30
Assessor's Parcel #: 11
Assessor Number: 169-30-011
Legal Description (Abbrev): LOT 76 MOUNTAIN SHADOW RESORT 2 AMD MCR 009503
Subdivision: MOUNTAIN SHADOW RESORT 2 AMD
Tax Municipality: Paradise Valley
Taxes: 5009
Tax Year: 2023
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 3
# Bathrooms: 3
Approx SQFT: 3167
Price/SqFt: 789.39
Horses: N
Builder Name: Unknown
Year Built: 1964
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 13177
Approx Lot Acres: 0.303
Pool: Community Only
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: Lincoln Drive & 56th Street
Directions: From Lincoln Drive, go South at 56th St., West on Valley Vista Ln., South at Mountain Shadows Residence guard gate. Proceed through the second guard gate and the home will be on the left.
Geo Lat: 33.526455
Geo Lon: -111.96195
Status Change Info
Off Market Date: 2024-01-13
Under Contract Date: 2023-12-01
Close of Escrow Date: 2024-01-12
Sold Price: $2,500,000
Legal Info
Township: 2N
Range: 4E
Section: 8
Lot Number: 76
Association & Fees
HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 250
HOA Fee: 1975
HOA Paid Frequency: Quarterly
HOA Name: Mountain Shadows
HOA Telephone: 602-861-5980
HOA Management Company: Desert Realty Mgmt
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 0.5
Cap Improvement/Impact Fee $/%: %
Prepaid Association Fees HOA: 1975
Disclosure Fees HOA: 400
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 658.33
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Parking Spaces
Garage Spaces: 2
Slab Parking Spaces: 2
Total Covered Spaces: 2
Showing Notification Methods
Showing Service: Aligned Showings
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Special Listing Cond: N/A
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Sinks
Fireplace: 1 Fireplace; Exterior Fireplace
Flooring: Carpet; Wood
Pool Features: No Pool
Spa: None
Community Features: Community Pool; Community Pool Htd
Dining Area: Formal
Kitchen Features: Cook Top Gas; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Wall Oven(s)
Laundry: Wshr/Dry HookUp Only; Gas Dryer Hookup
Parking Features: Electric Door Opener
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Shake
Cooling: Refrigeration; Programmable Thmstat
Heating: Electric; Natural Gas
Utilities: APS; SW Gas
Water: City Water
Sewer: Sewer - Public
Fencing: Block
Property Description: Golf Course Lot; Mountain View(s)
Landscaping: Gravel/Stone Front; Desert Front; Desert Back; Synthetic Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Back
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Possession: Close of Escrow
Unit Style: All on One Level
Association Fee Incl: Sewer; Front Yard Maint; Common Area Maint; Street Maint
Assoc Rules/Info: Pets OK (See Rmrks); Club, Membership Opt; Prof Managed
Existing 1st Loan: Treat as Free&Clear
New Financing: Conventional
Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: Russ Lyon Sotheby's International Realty

Last Updated: January - 13 - 2024

5525 E LINCOLN Drive, 76, Paradise Valley, AZ 85253 - MLS# 6628253
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