NOT LISTED FOR SALE

Estimated Value: $2,122,630 - $2,589,000

5 Beds
3.5 Baths
4,169 Sq Ft
$570/Sq Ft Est. Value

Sale Details

Date Sold: January 9, 2025

Last sale price $2,350,000 $564 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $13,348 / mo

7 Days on Market

Highlights

  • Private Pool
  • Contemporary Architecture
  • 1 Fireplace
  • Cherokee Elementary School Rated A
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of January 2025

Welcome 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

Catherine Lewis

Russ Lyon Sotheby's International Realty License #SA664667000 Listed on: 12/10/2024

Russ Lyon Sotheby's International Realty

Co-Listed By

Joshua Shaver

Russ Lyon Sotheby's International Realty License #SA656783000

Last Buyer's Agent

Jonathan Leaman

Apex Residential License #SA648438000

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
  • 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

Eco-Friendly Details

  • North or South Exposure

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,206

Year Built

Built in 1992

Lot Details

10,192 Sq Ft Lot

HOA Fees

$28 per month

Parking

3

Listing Details

  • Cross Street: 56th Street and Shea Blvd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 27.5
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1992
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: PROMONTORY LOT 81-168 TR A-C
  • Architectural Style: Contemporary, Santa Barbara/Tuscan
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 563.68
  • Association Fees:HOA Fee2: 330.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Flooring: Tile, Wood
  • Basement YN: Yes
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4169.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: North/South Exposure, Sprinklers In Rear, Desert Back, Desert Front, Grass Back, Auto Timer H2O Back
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • General Property Description:Community Pool YN2: No
  • General Property Description:Private Pool YN2: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 330.0
  • Association Fee Frequency: Annually
  • Association Name: Promontory HOA
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Promontory HOA
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 200.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Manage
  • Association Fees:HOA Management Phone: 602-437-4777

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10192.0
  • Parcel #: 168-05-185

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 4206.0
  • Tax Book Number: 168.00
  • Tax Lot: 147
  • Tax Map Number: 5.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2024
Closed on
Jan 6, 2025
Sold by
Bought by
Seller's Agent
Catherine Lewis
Russ Lyon Sotheby's International Realty
Buyer's Agent
Jonathan Leaman
Apex Residential
List Price
$2,399,000
Sold Price
$2,350,000
Premium/Discount to List
-$49,000
-2.04%
Views
24
Current Estimated Value
$2,374,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,658
Avg. Annual Appreciation
0.69%

Purchase Details

Listed on
Nov 16, 2021
Closed on
Dec 17, 2021
Sold by
Bought by
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
0.0311%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2021
Closed on
Apr 20, 2021
Sold by
Bought by
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
0.03%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 4, 1999
Sold by
Bought by

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
0.0687%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 1996
Sold by
Bought by
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,350,000 Navi Title Agency
$2,250,000 Chicago Title Agency Inc
$1,300,000 Chicago Title Agency
$492,300 Capital Title Agency
$375,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,780,000
Previous Owner $1,344,000
Previous Owner $282,000
Previous Owner $299,850
Previous Owner $330,000
Previous Owner $322,700
Previous Owner $322,700
Previous Owner $344,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,032 $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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6792700

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-05-185

Your Personal Tour Guide

Ask me questions while you tour the home.