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$400,000

  • For Sale
  • Active
  • Apartment
  • 2 Beds
  • 2 Full Baths
  • 0.03 Acres
  • 1 Car Garage
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GROUND FLOOR END UNIT | JUST REDUCED $15K | GARAGE | FULLY UPDATED | 85254 | FHA APPROVED Move-in ready and beautifully renovated, this highly desirable ground-level end unit in Milano Terrace offers exceptional value in the heart of Scottsdale's Magic Zip Code (85254). Just minutes from the new Paradise Village, Kierland Commons, Scottsdale Quarter, Desert Ridge, Mayo Clinic, and countless restaurants and entertainment. Every surface has been thoughtfully updated with luxury vinyl plank flooring, fresh designer paint, new countertops, stainless appliances, updated lighting and beautifully renovated bathrooms. Milano Terrace feels like a private resort with two renovated pools (one heated), ramadas with TVs and BBQs, fitness center, clubhouse, and direct access to miles of walking and biking paths along the Stone Creek Golf Course.

Full Property Details for 5122 E Shea Blvd #1023

General

  • Price: $400,000
  • HOA FEE: $325/month
  • Taxes: $1,317 (2025)
  • Status: Active
  • Type: Apartment
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7021748
  • Updated: 7/1/2026
  • Added to Site: 97 day(s) ago

Interior

  • Interior Features: High Speed Internet, No Interior Steps, Pantry, 3/4 Bath Master Bdrm, Laminate Counters
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room
  • Appliances: Stacked Washer/Dryer, Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range
  • Flooring: Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Inside

Exterior

  • Exterior Features: Storage

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Unassigned, Garage Door Opener

Location

  • County: Maricopa
  • Township: 3N
  • Subdivision: MILANO TERRACE PRIVATE RESIDENCES CONDOMINIUM
  • Cross Streets: Shea and Tatum

Community

  • Association: Yes
  • Assoc. Name: Milano Terrace
  • Assoc. Fees Include: Insurance, Maintenance Grounds, Roof Replacement, Maintenance Exterior

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric

Utilities

  • Water: City Water

Structural Information

  • Builder: UNK
  • Exterior Const.: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Common Walls: 1 Common Wall, End Unit
  • Windows: Screens
  • Sq. Ft. Source: Assessor
  • Year Built: 1985

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,138
  • Lot Size Source: Assessor
  • Lot Features: Desert Front

Financial Considerations

  • Association Fee: $325
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $1,317
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Ownership: Condominium
  • Legal Description: LOT 100 MILANO TERRACE PRIVATE RESIDENCES CONDOMINIUM MCR 026605
  • Property ID: 167-75-105
  • Range: 4E
  • Section: 20
  • Lot Number: 100

Listed by eXp Realty

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— 5122 E Shea Blvd #1023 —

  • eXp Realty

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Schools serving 5122 E Shea Blvd #1023

School District:Scottsdale Unified District
NameGradesDistance
Cherokee Elementary School
8801 North 56th Street, Paradise Valley, AZ 85253
PK-51.3 mi
Sequoya Elementary School
11808 North 64th Street, Scottsdale, AZ 85254
PK-51.7 mi
Laguna Elementary School, Scottsdale, AZ
10475 East Lakeview Drive, Scottsdale, AZ 85258
PK-56.6 mi
Cocopah Middle School
6615 East Cholla Street, Scottsdale, AZ 85254
6-81.9 mi
Chaparral High School
6935 E Gold Dust Ave, Scottsdale, AZ 85253
9-122.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5122 E Shea Blvd #1023 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/29/2026
Price Reduced
$400,000
-3.61%
MLS
5/27/2026
Price Reduced
$415,000
-3.49%
MLS
4/30/2026
Listed
$430,000
76.28%
MLS
11/14/2006
Sold
$243,926
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5122 E Shea Blvd #1023

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,317
—
$16,180
-50%
2025
$1,317
6%
$32,660
—
2023
$1,246
4%
$32,780
20%
2022
$1,195
—
$27,220
28%
2022
$1,195
-4%
$21,280
7%
2021
$1,239
2%
$19,960
5%
2020
$1,220
4%
$18,950
12%
2019
$1,175
-8%
$16,920
9%
2018
$1,271
35%
$15,580
7%
2017
$944
3%
$14,550
10%
2016
$918
9%
$13,210
4%
2015
$844
1%
$12,680
18%
2014
$835
9%
$10,730
25%
2013
$768
—
$8,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5122 E Shea Blvd #1023

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5122 E Shea Boulevard #1023, Scottsdale, AZ 85254 (MLS# 7021748) is a Apartment property with 2 bedrooms and 2 full bathrooms. 5122 E Shea Boulevard #1023 is currently listed for $400,000 and was received on April 30, 2026. Want to learn more about 5122 E Shea Boulevard #1023? Do you have questions about finding other Apartment real estate for sale in Scottsdale? You can browse all Scottsdale real estate or contact a Coldwell Banker agent to request more information.

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