5541 E STELLA Lane, Paradise Valley, AZ 85253 (MLS# 6451997)


$3,095,000
5541 E STELLA Lane
Paradise Valley, AZ 85253
MLS# 6451997
Status: Closed
3 beds  |  3.5 baths


Master bedroom
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Master bedroom 5541 E STELLA Lane, Paradise Valley, AZ 85253 5541 E STELLA Lane, Paradise Valley, AZ 85253 5541 E STELLA Lane, Paradise Valley, AZ 85253 5541 E STELLA Lane, Paradise Valley, AZ 85253 5541 E STELLA Lane, Paradise Valley, AZ 85253 5541 E STELLA Lane, Paradise Valley, AZ 85253 5541 E STELLA Lane, Paradise Valley, AZ 85253 Master bath Master bath Master closet Second bedroom Powder room 5541 E STELLA Lane, Paradise Valley, AZ 85253 5541 E STELLA Lane, Paradise Valley, AZ 85253 800 sq ft patio 5541 E STELLA Lane, Paradise Valley, AZ 85253

Property Description
Awash in natural sunlight, this airy and spacious gated luxury villa in Mountain Shadows resort, nestled in the exclusive valley between Camelback and Mummy Mountains, boasts dazzling views of Cback Mountain from its expansive 800 sq ft covered terrace with fireplace and 9' bi-fold doors. An easy lock and leave with a 20 ft high entry and both elevator and stairs to single level living, this home features an open chef's kitchen including 6-burner dual fuel Wolf range/oven, 48' Subzero refrigerator, Subzero wine tower, and quartz countertops with waterfall edge, plus indoor and outdoor gas fireplaces, motorized shades, wood floors and shutters, and a 2 car garage with epoxy floors. The luxurious master suite with mountain views, sumptuous bath, oversized custom

Details
Maps
Contract Information
Status Change Date: 2023-03-29
List Price: $3,095,000
Status: Closed
Current Price: $2,900,000
List Date: 2022-08-18
Type: ER
Ownership: Condominium
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: N36
House Number: 5541
Compass: E
Street Name: STELLA
St Suffix: Lane
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 4260
Country: USA
County Code: Maricopa
Assessor's Map #: 30
Assessor's Parcel #: 244
Assessor Number: 169-30-244
Legal Description (Abbrev): LOT 223 VILLAS AT MOUNTAIN SHADOWS 2 CONDOMINIUMS 2 MCR 129841
Subdivision: VILLAS AT MOUNTAIN SHADOWS 2 CONDOMINIUMS 2
Tax Municipality: Paradise Valley
Taxes: 10030
Tax Year: 2021
General Property Description
Dwelling Type: Apartment Style/Flat
Dwelling Styles: Stacked
Exterior Stories: 2
# of Interior Levels: 1
# Bedrooms: 3
# Bathrooms: 3.5
Approx SQFT: 3620
Price/SqFt: 801.1
Horses: N
Model: Villa 2
Builder Name: The New Home Company
Year Built: 2018
Approx Lot SqFt: 3223
Approx Lot Acres: 0.074
Pool: Community Only
Planned Comm Name: Villas at Mountain Shadows
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 Drive
Directions: Just west of 56th Street, enter Mountain Shadows Resort on the south side of the street. Look for the Guard Gate entrance.
Geo Lat: 33.529831
Geo Lon: -111.961808
Status Change Info
Off Market Date: 2023-03-29
Under Contract Date: 2023-03-20
Close of Escrow Date: 2023-03-28
Sold Price: 2900000
Legal Info
Township: 2N
Range: 4E
Section: 8
Lot Number: 223
Association & Fees
HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Fee: 1265.55
HOA Paid Frequency: Monthly
HOA Name: Villas @Mtn. Shadows
HOA Telephone: 602-957-9191
HOA Management Company: AAM LLC
HOA Management Phone: 602-957-9191
Special Assessment HOA: No
HOA 2 Y/N: Y
Association Fee 2 Frequency: Monthly
HOA 2 Name: Mtn Shadows
HOA 2 Telephone: 602-957-9191
Special Assessment HOA 2: No
HOA 3 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 1561.68
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2 $/%: $
Prepaid Association Fees HOA: 2521.32
Prepaid Association Fees HOA 2: 2521.32
Disclosure Fees HOA: 400
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Ttl Mthly Fee Equiv: 1265.55
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
Cooling
HVAC SEER Rating: 16
Energy/Green Feature
HERS Rating Y/N: Y
HERS Rating: 54
HERS Cert Date: 2016-09-02
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Add'l Property Use: None
Architecture: Contemporary
Building Style: 2-3-4 Plex
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Sinks; Private Toilet Room
Master Bedroom: Split
Additional Bedroom: Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet
Fireplace: 2 Fireplace; Fireplace Living Rm; Gas Fireplace; Exterior Fireplace
Flooring: Carpet; Wood
Windows: Dual Pane; ENERGY STAR Qualified Windows; Low-E; Tinted Windows; Wood Frames
Pool Features: No Pool
Spa: None
Community Features: Community Pool Htd; Community Spa Htd; Concierge; Gated Community; Golf Course; Guarded Entry; Workout Facility
Dining Area: Breakfast Bar; Dining in LR/GR
Kitchen Features: Range/Oven Elec; Range/Oven Gas; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Engy Star (See Rmks); Multiple Ovens; Non-laminate Counter; Kitchen Island
Laundry: Washer Included; Dryer Included; Engy Star (See Rmks); 220 V Dryer Hookup; Inside
Features: 9+ Flat Ceilings; Fire Sprinklers; Elevator; Water Softener Owned; Soft Water Loop
Accessibility Feat.: Hallways 36in+ Wide; Bath Raised Toilet; Bath Lever Faucets; Lever Handles; Exterior Curb Cuts
Technology: Pre-Wire Srnd Snd; Pre-Wire Sat Dish; Cable TV Avail; High Speed Internet Available; Ntwrk Wrng Multi Rms; Smart Home System
Exterior Features: Balcony; Covered Patio(s); Private Street(s)
Parking Features: Dir Entry frm Garage; Electric Door Opener
Road Responsibility: Private Maintained Road
Construction: Frame - Wood; Spray Foam Insulatn
Const - Finish: Painted; Stucco; Stone; Siding
Construction Status: Complete Spec Home
Roofing: Foam
Cooling: Refrigeration; Programmable Thmstat; ENERGY STAR Qualified Equipment
Heating: Electric; ENERGY STAR Qualified Equipment
Plumbing: Recirculation Pump; Tankless Ht Wtr Heat; Engy Star Ht Wtr Htr; Gas Hot Wtr – Tnklss
Green/Energy Cert: Energy Star Cert; LEED Nghbrhood Dev
Utilities: APS; SW Gas
Water: Pvt Water Company
Sewer: Sewer - Public
Services: City Services
Fencing: Wrought Iron; Block
Property Description: Mountain View(s); North/South Exposure; Borders Common Area
Landscaping: Desert Front; Desert Back; None
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Possession: By Agreement
Unit Style: All on One Level; Two Common Walls; Neighbor Below; End Unit
Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Garbage Collection; Front Yard Maint; Common Area Maint; Street Maint; Other (See Remarks)
Assoc Rules/Info: Pets OK (See Rmrks); Rental OK (See Rmks); Clubhouse/Rec Center; Prof Managed
Existing 1st Loan: Treat as Free&Clear
New Financing: Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Supplements
closet, and built-in desk area, has sleek added storage throughout. Walkable to hiking trails and numerous world class restaurants and spas, this is true resort living at its finest with amenities including 24/7 manned guard gate, concierge service, fitness facility, 2 heated pools, dining, golf & access to Sanctuary's tennis and pickleball!

Listing Office: Launch Powered By Compass

Last Updated: March - 29 - 2023

5541 E STELLA Lane, Paradise Valley, AZ 85253 - MLS# 6451997

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