Seller's Agent in 2025
Catherine Lewis
Russ Lyon Sotheby's International Realty
(714) 715-0595
10 in this area
70 Total Sales
5421 E Cannon Dr Paradise Valley, AZ 85253
Paradise Valley Village Neighborhood
5
Beds
3.5
Baths
4,169
Sq Ft
10,192
Sq Ft Lot
Highlights
- Private Pool
- Contemporary Architecture
- 1 Fireplace
- Cherokee Elementary School Rated A
- Wood Flooring
- Covered Patio or Porch
About This Home
As of January 2025Welcome to Cannon Drive! Your search for a beautifully updated home in the heart of Paradise Valley ends here. This property underwent a stunning transformation in 2021, reimagined as an elegant transitional-style home featuring a light, bright, and open floor plan. The finishes are impeccable, blending warm wood and stone accents throughout for a timeless yet modern feel.
The main level boasts a spacious great room that seamlessly combines the family room, kitchen, and formal dining area. It also includes an oversized primary suite with a serene ambiance, two guest bedrooms, a stylish hall bathroom, and a moody powder room that adds a touch of sophistication. The lower level offers two additional guest bedrooms, a secondary family room perfect for entertaining or relaxing, and a a well-appointed hall bathroom.
Situated on a generous 10,192-square-foot lot, the outdoor space is as impressive as the interior. The thoughtfully designed yard features a sparkling blue pool, a lush grassy area, and a built-in BBQ for hosting memorable gatherings. With over 4,100 square feet of living space, a coveted Paradise Valley mailing address, and placement within the highly desirable 3 C's school district, this home truly has it all!
Last Agent to Sell the Property
Russ Lyon Sotheby's International Realty License #SA664667000 Listed on: 12/10/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,206
Year Built
- Built in 1992
Lot Details
- 10,192 Sq Ft Lot
- Desert faces the front and back of the property
- Block Wall Fence
- Backyard Sprinklers
- Sprinklers on Timer
- Grass Covered Lot
HOA Fees
- $28 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Santa Barbara Architecture
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 4,169 Sq Ft Home
- 1-Story Property
- Ceiling height of 9 feet or more
- 1 Fireplace
- Double Pane Windows
- Finished Basement
Kitchen
- Breakfast Bar
- Built-In Microwave
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bathroom is a Full Bathroom
- 3.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Outdoor Features
- Private Pool
- Covered Patio or Porch
- Built-In Barbecue
Schools
- Cherokee Elementary School
- Cocopah Middle School
- Chaparral High School
Utilities
- Central Air
- Heating Available
- High Speed Internet
- Cable TV Available
Community Details
- Association fees include ground maintenance
- City Property Manage Association, Phone Number (602) 437-4777
- Promontory Lot 81 168 Tr A C Subdivision
Listing and Financial Details
- Tax Lot 147
- Assessor Parcel Number 168-05-185
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 10, 2024
Closed on
Jan 6, 2025
Sold by
Nelson Teashia and French Adam
Bought by
Faulkner Johnny L and Faulkner Patricia L
Seller's Agent
Catherine Lewis
Russ Lyon Sotheby's International Realty
Buyer's Agent
Jonathan Leaman
America One Luxury Real Estate
List Price
$2,399,000
Sold Price
$2,350,000
Premium/Discount to List
-$49,000
-2.04%
Views
24
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,628
Avg. Annual Appreciation
1.46%
Purchase Details
Listed on
Nov 16, 2021
Closed on
Dec 17, 2021
Sold by
5421 E Cannon Llc
Bought by
French Adam and Nelson Teashia
Seller's Agent
Samantha Moore
Compass
Buyer's Agent
Karl Tunberg
eXp Realty
List Price
$2,295,000
Sold Price
$2,250,000
Premium/Discount to List
-$45,000
-1.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.45%
Original Mortgage
$1,780,000
Interest Rate
3.11%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 27, 2021
Closed on
Apr 20, 2021
Sold by
Oppenheimer Randy W and Oppenheimer Julie S
Bought by
5421 E Cannon Llc
Seller's Agent
Kristen Ryan
RE/MAX Fine Properties
Buyer's Agent
Samantha Moore
Compass
List Price
$1,325,000
Sold Price
$1,300,000
Premium/Discount to List
-$25,000
-1.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
126.77%
Original Mortgage
$1,344,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 4, 1999
Sold by
Manning Michael E and Manning Jennifer E
Bought by
Oppenheimer Randy W and Oppenheimer Julie S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,600
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 23, 1996
Sold by
Schultz Dale L and Schultz Candace S
Bought by
Manning Michael E and Manning Jennifer E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.86%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,350,000 | Navi Title Agency | |
| Warranty Deed | $2,350,000 | Navi Title Agency | |
| Warranty Deed | $2,250,000 | Chicago Title Agency Inc | |
| Warranty Deed | $1,300,000 | Chicago Title Agency | |
| Warranty Deed | $492,300 | Capital Title Agency | |
| Warranty Deed | $375,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,780,000 | New Conventional | |
| Previous Owner | $1,344,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $282,000 | New Conventional | |
| Previous Owner | $299,850 | New Conventional | |
| Previous Owner | $330,000 | Unknown | |
| Previous Owner | $322,700 | Unknown | |
| Previous Owner | $322,700 | Unknown | |
| Previous Owner | $344,600 | New Conventional | |
| Previous Owner | $300,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/09/2025 01/09/25 | Sold | $2,350,000 | -2.0% | $564 / Sq Ft |
| 12/18/2024 12/18/24 | Pending | -- | -- | -- |
| 12/10/2024 12/10/24 | For Sale | $2,399,000 | 0.0% | $575 / Sq Ft |
| 12/15/2023 12/15/23 | Rented | $12,500 | -3.8% | -- |
| 11/03/2023 11/03/23 | For Rent | $13,000 | 0.0% | -- |
| 12/29/2021 12/29/21 | Sold | $2,250,000 | -2.0% | $540 / Sq Ft |
| 11/30/2021 11/30/21 | Pending | -- | -- | -- |
| 11/11/2021 11/11/21 | For Sale | $2,295,000 | +76.5% | $550 / Sq Ft |
| 04/30/2021 04/30/21 | Sold | $1,300,000 | -1.9% | $312 / Sq Ft |
| 03/01/2021 03/01/21 | Pending | -- | -- | -- |
| 02/22/2021 02/22/21 | For Sale | $1,325,000 | -- | $318 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $4,206 | $61,149 | -- | -- |
| 2024 | $5,797 | $58,237 | -- | -- |
| 2023 | $5,797 | $102,150 | $20,430 | $81,720 |
| 2022 | $5,535 | $77,680 | $15,530 | $62,150 |
| 2021 | $6,359 | $72,330 | $14,460 | $57,870 |
| 2020 | $5,665 | $70,300 | $14,060 | $56,240 |
| 2019 | $5,430 | $69,510 | $13,900 | $55,610 |
| 2018 | $5,199 | $63,910 | $12,780 | $51,130 |
| 2017 | $4,971 | $62,480 | $12,490 | $49,990 |
| 2016 | $4,828 | $59,920 | $11,980 | $47,940 |
| 2015 | $4,376 | $55,450 | $11,090 | $44,360 |
Source: Public Records
Agents Affiliated with this Home
-
Catherine Lewis
-
Joshua Shaver
Seller Co-Listing Agent in 2025
Joshua Shaver
Russ Lyon Sotheby's International Realty
(602) 770-4773
11 in this area
67 Total Sales
-
Jonathan Leaman
Buyer's Agent in 2025
Jonathan Leaman
America One Luxury Real Estate
(602) 750-4285
12 in this area
138 Total Sales
-
Hayley Jamison
Buyer Co-Listing Agent in 2025
Hayley Jamison
America One Luxury Real Estate
(480) 280-1087
16 in this area
89 Total Sales
-
Jennifer Kourouglos
J
Seller's Agent in 2023
Jennifer Kourouglos
Compass
(480) 776-1555
10 in this area
112 Total Sales
-
Samantha Moore
Seller Co-Listing Agent in 2023
Samantha Moore
Compass
(480) 263-0992
12 in this area
103 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6792700
APN: 168-05-185
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.
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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