$3,500,000
SOLD JUL 20, 2022

5405 E McDonald Dr Unit 1 Paradise Valley, AZ 85253

1.08 Acres
$3,240,741 Price per Acre
47,045 Sq Ft Lot

Recently Sold

0 Day on Market

Highlights

  • City Lights View
  • Corner Lot
  • No HOA
  • Kiva Elementary School Rated A

About This Lot

As of June 2025

Welcome to another Candelaria Designed property site, this one offers COMMANDING VIEWS of Camelback, Mummy and Phoenix Mountain preserve. This SHOVEL READY Paradise Valley residence will comfortability nest at the base of Camelback Mountain and will include full set of Plans, interiors and Permits. The old structure was torn down, new home site prepped and fenced for your building pleasure. Sanctuary Resort, Paradise Valley Country Club, Mountain Shadows event center; Echo Canyon and PHX preserve hicks are all within a short walk. PHX International or Scottsdale Airports 15 - 20 min drive; simply the most convenient Paradise Valley address and lifestyle. ONE CALL DOES IT ALL!

Last Agent to Sell the Property

Frank Aazami

Russ Lyon Sotheby's International Realty License #SA581280000 Listed on: 06/30/2022

Russ Lyon Sotheby's International Realty

Co-Listed By

David Arustamian

Russ Lyon Sotheby's International Realty License #BR662152000

Last Buyer's Agent

Justin Shea

Engel & Voelkers Scottsdale License #SA627714000

Engel & Voelkers Scottsdale

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,193

Lot Details

  • 1.08 Acre Lot
  • Corner Lot
  • Property is zoned R-43

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro Elementary High School

Community Details

  • No Home Owners Association
  • Stone Canyon Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 172-47-001

Property Details

Property Type

Land

Est. Annual Taxes

$8,193

Lot Details

0

Listing Details

  • Cross Street: McDonald & 54th St
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Plans Available, Plans Included, On Site Imp Cmplete, Prelim Eng Included
  • Topography: {"Level":true}
  • Zoning: R-43
  • Tax Year: 2021
  • Directions: At the intersection of McDonald & 54th St. [ YOU HAVE ARRIVED ]
  • Horses: No
  • Lot Size Acres: 1.08
  • Road Surface Type: Asphalt, Concrete, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: Stone Canyon
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Corner Lot, City Light View(s), Mountain View(s), North/South Exp
  • Disclosures: Seller Prop Disc Stm, Boundary Survey Avlb
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro Elementary School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size Sq Ft: 46910.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 172-47-001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8193.0
  • Tax Book Number: 172.00
  • Tax Lot: 1
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2025
Closed on
Jun 19, 2025
Sold by
Rossland Holdings Llc
Bought by
Stone Canyon 1 Llc
Seller's Agent
Justin Shea
Engel & Voelkers Scottsdale
Buyer's Agent
Katrina Barrett
Walt Danley Local Luxury Christie's International Real Estate
List Price
$3,000,000
Sold Price
$2,800,000
Premium/Discount to List
-$200,000
-6.67%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
102.41%

Purchase Details

Listed on
Jun 30, 2022
Closed on
Jul 13, 2022
Sold by
Paul Krivickas Jr Daniel and Paul Elisa Karla
Bought by
Rossland Holdings Llc
Seller's Agent
Frank Aazami
Russ Lyon Sotheby's International Realty
Buyer's Agent
Justin Shea
Engel & Voelkers Scottsdale
List Price
$3,500,000
Sold Price
$3,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.36%
Original Mortgage
$1,750,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2021
Sold by
Rosette Robert A and Rosette Sharon
Bought by
Krivickas Daniel Paul and Krivickas Karla Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2014
Closed on
Sep 5, 2014
Sold by
Lieberman David A
Bought by
Rosette Robert A and Rosette Sharon
Seller's Agent
David Lieberman
HomeSmart
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$989,000
Sold Price
$822,500
Premium/Discount to List
-$166,500
-16.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.41%
Original Mortgage
$644,000
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,800,000 Landmark Title
Warranty Deed $3,500,000 Old Republic Title
Warranty Deed $1,400,000 Clear Title Agency Of Az
Warranty Deed $822,500 Fidelity Natl Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,750,000 New Conventional
Previous Owner $700,000 New Conventional
Previous Owner $644,000 New Conventional
Previous Owner $1,050,000 Unknown
Previous Owner $220,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Sold $2,800,000 -5.1% --
06/13/2025 06/13/25 Pending -- -- --
06/06/2025 06/06/25 Price Changed $2,950,000 -1.7% --
06/01/2025 06/01/25 For Sale $3,000,000 +7.1% --
05/30/2025 05/30/25 Off Market $2,800,000 -- --
04/20/2025 04/20/25 Price Changed $3,000,000 -9.1% --
04/07/2025 04/07/25 Price Changed $3,300,000 -2.5% --
03/13/2025 03/13/25 Price Changed $3,385,000 -0.4% --
02/21/2025 02/21/25 Price Changed $3,400,000 -2.9% --
11/23/2024 11/23/24 For Sale $3,500,000 0.0% --
07/20/2022 07/20/22 Sold $3,500,000 0.0% --
06/30/2022 06/30/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $3,500,000 +325.5% --
09/09/2014 09/09/14 Sold $822,500 -16.8% --
07/21/2014 07/21/14 Pending -- -- --
06/02/2013 06/02/13 For Sale $989,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,066 $86,183 $86,183 --
2024 $4,997 $82,079 $82,079 --
2023 $4,997 $132,360 $132,360 $0
2022 $4,793 $135,360 $135,360 $0
2021 $8,193 $123,020 $24,600 $98,420
2020 $8,137 $126,920 $25,380 $101,540
2019 $7,835 $129,560 $25,910 $103,650
2018 $7,522 $123,330 $24,660 $98,670
2017 $7,203 $107,320 $21,460 $85,860
2016 $7,039 $106,700 $21,340 $85,360
2015 $6,648 $106,700 $21,340 $85,360
Source: Public Records

Agents Affiliated with this Home

  • Justin Shea

    Seller's Agent in 2025

    Justin Shea

    Engel & Voelkers Scottsdale

    (480) 740-0770

    5 in this area

    18 Total Sales

    Justin Shea
    Section Image
  • Raena Matousek

    Seller Co-Listing Agent in 2025

    Raena Matousek

    Engel & Voelkers Scottsdale

    (623) 692-8869

    1 in this area

    14 Total Sales

    Raena Matousek
    Section Image
  • Katrina Barrett

    Buyer's Agent in 2025

    Katrina Barrett

    Walt Danley Local Luxury Christie's International Real Estate

    (520) 403-5270

    59 in this area

    441 Total Sales

    Katrina Barrett
    Section Image
  • Frank Aazami

    Seller's Agent in 2022

    Frank Aazami

    Russ Lyon Sotheby's International Realty

    (480) 266-0240

    67 in this area

    232 Total Sales

    Frank Aazami
    Section Image
  • David Arustamian

    Seller Co-Listing Agent in 2022

    David Arustamian

    Russ Lyon Sotheby's International Realty

    (480) 331-0707

    20 in this area

    440 Total Sales

    David Arustamian
    Section Image

  • D

    Seller's Agent in 2014

    David Lieberman

    HomeSmart

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6426326

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-47-001

Arizona Maricopa County Paradise Valley 85253

5405 E McDonald Dr Unit 1, Paradise Valley, AZ

This home is located at 5405 E McDonald Dr Unit 1, Paradise Valley, AZ 85253 and is currently priced at $3,500,000. 5405 E McDonald Dr Unit 1 is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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