NOT LISTED FOR SALE

Estimated Value: $1,522,000 - $2,031,000

4 Beds
2.5 Baths
2,824 Sq Ft
$618/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $1,450,000 $513 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,488/month

91 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Cherokee Elementary School Rated A
  • Santa Barbara Architecture
  • 3 Car Direct Access Garage

About This Home

As of September 2024

Welcome to Cannon Drive! Nestled in the meticulously maintained Promontory community within Paradise Valley, this idyllic 4-bedroom home is situated on a peaceful street. The property has been lovingly maintained and enhanced by its current owners, featuring new flooring and a tranquil backyard oasis. The updated backyard boasts an inviting jacuzzi that cascades into a sparkling blue pool. Adjacent to the pool, you'll find a spacious lawn area and a covered pergola equipped with an outdoor kitchen, perfect for entertaining.

Inside, the home offers multiple living spaces, including two great rooms—one formal at the front of the property and one informal at the rear. Down a private hallway, you'll discover three generously sized guest bedrooms and the perfect primary suite. Promontory is located in one of the most desirable areas in town. Just off Shea Blvd, you're minutes away from exceptional shopping and dining in both Scottsdale and Phoenix. Additionally, you are near all the new developments at Paradise Valley Mall. The community is also part of the highly desirable 3 C's School District, which includes Cherokee, Cocopah, and Chaparral schools.

Make this your dream home in Paradise Valley!

Last Agent to Sell the Property

Catherine Lewis

Russ Lyon Sotheby's International Realty License #SA664667000 Listed on: 05/15/2024

Russ Lyon Sotheby's International Realty

Co-Listed By

Joshua Shaver

Russ Lyon Sotheby's International Realty License #SA656783000

Last Buyer's Agent

Caitlin Bronsky

Real Broker License #SA643873000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,449

Year Built

  • Built in 1992

Lot Details

  • 10,165 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,824 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Kitchen Island

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Spa

Outdoor Features

  • 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 Promerty Manage Association, Phone Number (602) 437-4777
  • Promontory Lot 81 168 Tr A C Subdivision

Listing and Financial Details

  • Tax Lot 156
  • Assessor Parcel Number 168-05-194

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,449

Year Built

Built in 1992

Lot Details

0

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: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1992
  • Spa Private: Yes
  • Tax Year: 2023
  • 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: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 513.46
  • Association Fees:HOA Fee2: 330.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile
  • Basement YN: No
  • Spa Features: Private
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2824.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:GazeboRamada: 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, Ceiling Fan(s)
  • 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: North Phoenix Promon
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: North Phoenix Promon
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Promerty 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: 10165.0
  • Parcel #: 168-05-194

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 4449.0
  • Tax Book Number: 168.00
  • Tax Lot: 156
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Sep 2, 2024
Sold by
Wright Brian S and Wright Benjamin Lindsay
Bought by
Flores Alyssa
Seller's Agent
Catherine Lewis
Russ Lyon Sotheby's International Realty
Buyer's Agent
Caitlin Bronsky
Real Broker
List Price
$1,495,000
Sold Price
$1,450,000
Premium/Discount to List
-$45,000
-3.01%
Views
88
Current Estimated Value
$1,744,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,728
Avg. Annual Appreciation
14.69%
Original Mortgage
$1,087,500
Outstanding Balance
$1,071,811
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$672,917

Purchase Details

Closed on
Jun 29, 2009
Sold by
Marion Shawn
Bought by
Wright Brian S and Benjamin Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
5.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2001
Sold by
Isaacson Alan J and Isaacson Amy Teter
Bought by
Marion Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 1995
Sold by
Beatty Timothy G and Beatty Katherine J
Bought by
Isaacson Alan J and Isaacson Alan Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,800
Interest Rate
7.87%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Flores Alyssa $1,450,000 Navi Title Agency
Wright Brian S $510,000 Grand Canyon Title Agency In
Marion Shawn $438,000 Fidelity National Title
Isaacson Alan J $273,150 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Alyssa $1,087,500
Previous Owner Wright Brian S $357,000
Previous Owner Marion Shawn $350,400
Previous Owner Isaacson Alan J $245,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2024 09/13/24 Sold $1,450,000 -2.7% $513 / Sq Ft
09/11/2024 09/11/24 Price Changed $1,490,000 0.0% $528 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
07/29/2024 07/29/24 Price Changed $1,490,000 -0.3% $528 / Sq Ft
05/15/2024 05/15/24 For Sale $1,495,000 -- $529 / Sq Ft
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 $4,795 $65,557 -- --
2024 $4,449 $62,435 -- --
2023 $4,449 $90,680 $18,130 $72,550
2022 $4,243 $69,570 $13,910 $55,660
2021 $4,419 $63,550 $12,710 $50,840
2020 $4,345 $59,950 $11,990 $47,960
2019 $4,162 $54,510 $10,900 $43,610
2018 $4,030 $49,880 $9,970 $39,910
2017 $3,824 $48,600 $9,720 $38,880
2016 $3,720 $46,460 $9,290 $37,170
2015 $3,420 $43,780 $8,750 $35,030
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6705229

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-05-194