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$10,000 Closing Credit¹
#6808458, David Arustamian, Listing Office: Russ Lyon Sotheby's International Realty
#6823542·
Listing office: Real Broker·
Listing agent: Meredith Lane, Shannon Gillette·
Listing office phone: 480-518-6885
$1,695,000 List price
5507 E Shea Blvd Scottsdale, AZ 85254
$10,000
Closing credit¹
5 beds
4 baths
4,169 sqft
0.2 acres
$407 / sqft
House
Property details
About 5507 E Shea Blvd
It's not every day you find a home in Arizona with a finished basement—this one delivers just that! Located in the desirable Promontory neighborhood, this home welcomes you into spacious living and dining areas with vaulted ceilings and three sets of French doors that open to the backyard. The kitchen is well-equipped and offers ample storage. The primary suite features a private exit to the patio and pool area, creating a peaceful retreat. The rare finished basement adds valuable living space, complete with a rec room with built-ins, a wet bar, two bedrooms, and a full bathroom—perfect for guests or a separate entertainment zone. Step outside to enjoy a PebbleTec pool surrounded by mature trees and green space, offering a private, tranquil setting. A three-car garage provides pl A three-car garage provides plenty of storage, and the home is located within the well-regarded Three C's school district (Cherokee E.S., Cocopah M.S., and Chaparral H.S.) Located just minutes from the Paradise Valley Mall redevelopment, with new restaurants, shopping, and entertainment. Note: The home is not directly on Shea Blvd it is set back behind a wall and a landscaped walking path for added privacy.
Highlights
Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size4,169 sqft
BasementYes
Lot size0.24 Acres
Year built1992
ParkingRV Access/Parking, RV Gate, Garage Door Opener, Separate Strge Area
MLS #6823542
Garage3 spaces
Fireplace1 Fireplace, Family Room
Private poolYes
Summary
- Basement: Yes
- Flooring Type: Carpet, Stone
- Interior: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
- Fireplace: 1 Fireplace, Family Room
- Total Bedroom Count: 5
- Garage Space: 3 spaces
- Private Pool: Yes
- Parking: RV Access/Parking, RV Gate, Garage Door Opener, Separate Strge Area
- Exterior: Misting System, Private Yard, Storage
- Architectural Style: Santa Barbara/Tuscan
- Heating: Electric
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $1,695,000
- Price/SqFt: $406
- HOA Amount: $330 Annually
- Annual Tax Amount: $4,553
- Tax Year: 2024
- Lot: Sprinklers In Rear, Sprinklers In Front, Grass Front
- Year Built: 1992
- Stories: 1
- Living Area: 4,169 SqFt
- Lot Size: 0.24 Acres
- MLS Number: 6823542
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Real Broker
- Office Phone: (480) 518-6885
- Office Email: Membership@TheRealBrokerage.com
- Listing Agent: Meredith Lane, Shannon Gillette
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/21/2025, 8:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,695,000
5507 E Shea Blvd
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 17, 2014 | Home Sold | $655,000 |
| Sep 03, 2010 | Home Sold | $520,000 |
| Apr 30, 1998 | Home Sold | $380,000 |
| Dec 16, 1992 | Home Sold | $283,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $106,700 | $4,553 |
| 2023 | $91,930 | $4,342 |
| 2022 | $67,050 | $4,522 |
| 2020 | $60,810 | $4,446 |
| 2019 | $59,570 | $4,113 |
| 2017 | $52,120 | $3,902 |
History based on county public records data.
Nearby schools
10
Cherokee Elementary School
Public District EE-5
1.2 mi
•8801 N 56th St
10
Sequoya Elementary School
Public District PK-5
1.3 mi
•11808 N 64th St
9
Desert Shadows Elementary School
Public District PK-6
1.7 mi
•5902 E Sweetwater Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $106,151. Most Scottsdale, AZ residents have annual incomes $200k+. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
26%
<35k
22%
35k-100k
25%
100k-200k
27%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
37%
Single, No Kids
8%
Single, with Kids
35%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
10%
12-17 yrs old
17%
18-34 yrs old
45%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Skiing/snowboarding
PGA/LPGA
Where do the neighbors shop?
Bloomingdales
Nordstrom
Chico's
Where do the neighbors go to eat?
Bonefish Grill
California Pizza Kitchen
Chipotle
What do the neighbors drive?
Lexus
BMW
Cadillac
What do the neighbors listen to?
News
Talk/Personality
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5507 E Shea Blvd
The listing price of 5507 E Shea Blvd property is $1,695,000.
The property 5507 E Shea Blvd is a house located in Scottsdale, Arizona, 85254.
Active Listing: 5507 E Shea Blvd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5507 E Shea Blvd are: Cherokee Elementary School (GreatSchools Rating 10/10), Sequoya Elementary School (GreatSchools Rating 10/10), Desert Shadows Elementary School (GreatSchools Rating 9/10), Cocopah Middle School (GreatSchools Rating 9/10), Desert Shadows Middle School (GreatSchools Rating 8/10), Sunrise Middle School (GreatSchools Rating 5/10), Accelerated Learning Center (GreatSchools Rating 5/10), Chaparral High School (GreatSchools Rating 8/10), Sweetwater Community School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $4,553 (source: MLS/based on county public records data).
The last sale was on September 17, 2014 for $655,000 (source: MLS/tax record).
The property at 5507 E Shea Blvd has 5 bedrooms and 4 bathrooms.
The property 5507 E Shea Blvd is 4,169 SqFt (source: MLS/tax record).
The year of construction for 5507 E Shea Blvd is 1992.
This home is located at 5507 E Shea Blvd in Scottsdale, AZ and zip code 85253 in the Paradise Valley Village neighborhood. This 4,169 square foot home, which was built in 1992, sits on a 0.24 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 20, 2025 and is currently priced at $1,695,000.
While more than 48 listings in Scottsdale, AZ in April 2025 were sold above asking price, there were more than 116 listings sold at asking price, and more than 433 were sold below. The number of listings in Scottsdale, AZ increased by 3% between March and April 2025. Listings spent 71 days on the market in April 2025, and had a median list price of $875,595 during the same period.
From Rocket Homes Real Estate and based on county public records data.