$4,270,000
SOLD JUL 25, 2025

7929 N 55th St Paradise Valley, AZ 85253

4 Beds
8 Baths
7,466 Sq Ft
1.02 Acres

Recently Sold

$572 Per Sq Ft

28% Below List Price

114 Days on Market

Highlights

  • Guest House
  • Heated Spa
  • Fireplace in Primary Bedroom
  • Kiva Elementary School Rated A
  • Mountain View
  • Vaulted Ceiling

About This Home

As of July 2025

Welcome to this exceptional luxury residence nestled in the heart of Paradise Valley. This stunning home offers unparalleled elegance and privacy, perfectly blending timeless architecture with modern sophistication. Set on a generous lot with breathtaking views of Camelback Mountain, this estate boasts 4 spacious bedrooms, 8 bathrooms, and over 7,000 square feet of meticulously designed living space.

The grand entrance leads to open-concept interiors with soaring ceilings, custom finishes, and abundant natural light. The gourmet chef's kitchen features state-of-the-art appliances, custom cabinetry, and a large island—ideal for both cooking and entertaining. The primary suite is a true retreat with a luxurious en-suite bathroom, dual walk-in closets, and private outdoor access.

Step outside to your private oasis featuring a sparkling pool, spa, outdoor kitchen, and lush landscaping. Whether you're hosting an intimate gathering or enjoying a quiet evening under the stars, this backyard is designed for the ultimate Arizona lifestyle. Additional highlights include a home theater, a temperature-controlled wine cellar, and a 3-car garage.

Located in one of the Valley's most prestigious neighborhoods, this home is minutes from world-class dining, shopping, and top-rated schools. Experience the perfect combination of luxury, location, and lifestyle.

Last Agent to Sell the Property

Shaianne Coleman

RETSY License #SA678773000 Listed on: 02/14/2025

RETSY

Last Buyer's Agent

Non-Represented Buyer

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,188

Year Built

  • Built in 2000

Lot Details

  • 1.02 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • Heated Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 7,466 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Wood Frame Window
  • Family Room with Fireplace
  • 3 Fireplaces
  • Mountain Views
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 8 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Purifier
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • El Dorado Estates 1 Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 169-06-101

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,188

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Tatum & Roadrunner
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2000
  • Spa Private: Yes
  • Tax Year: 2024
  • Directions: Tatum and Lincoln. Head north on Tatum to Roadrunner, Right to fork, then left at the fork on 54th to Right at Desert Jewel to the top of mountain on 55th.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.02
  • Subdivision Name: EL DORADO ESTATES 1
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Fireplace Features Freestnd Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Water Purifier
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, 3+ Fireplace, Exterior Fireplace, Free Standing, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Elevator, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 7466.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane, Wood Frames
  • Kitchen Features:RangeOven Gas: Yes
  • 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
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Other, Balcony, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated
  • Pool Private: Yes
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Other Structures: Separate Guest House, 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:Balcony: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Other6: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Attch'd Gar Cabinets, Side Vehicle Entry, Temp Controlled
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Other, See Remarks
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 44225.0
  • Parcel #: 169-06-101

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 14188.0
  • Tax Book Number: 169.00
  • Tax Lot: 1
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2025
Closed on
Jul 21, 2025
Sold by
Phoenix Assets Llc
Bought by
Jfbb Enterprises Inc
Seller's Agent
Shaianne Coleman
RETSY
Buyer's Agent
Non-Represented Buyer
Non-MLS Office
List Price
$5,895,000
Sold Price
$4,270,000
Premium/Discount to List
-$1,625,000
-27.57%
Views
125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
215.17%
Original Mortgage
$2,500,000
Outstanding Balance
$2,500,000
Interest Rate
6.84%
Mortgage Type
Construction
Estimated Equity
$2,572,344

Purchase Details

Listed on
May 3, 2019
Closed on
Jun 7, 2019
Sold by
Risi Joseph and Hevilath Trust
Bought by
Phoenix Assets Llc
Seller's Agent
Remo Paul
Realty ONE Group
Buyer's Agent
Chad Klock
RETSY
List Price
$2,499,999
Sold Price
$2,525,000
Premium/Discount to List
$25,001
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%

Purchase Details

Closed on
Feb 9, 2017
Sold by
Risi Joseph S
Bought by
Risi Joseph and Hevilath Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 8, 2017
Sold by
Risi Helena and Risi Joseph S
Bought by
Risi Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 16, 2014
Sold by
Risi Chris
Bought by
Risi Joseph and Hevilath Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 19, 2013
Closed on
Oct 4, 2013
Sold by
Realproperty Buyers Llc
Bought by
Risi Chris and Cloud 10 Asset Protection Trust
Seller's Agent
Sandra Wilken
America One Luxury Real Estate
Buyer's Agent
Remo Paul
Realty ONE Group
List Price
$1,950,000
Sold Price
$1,325,000
Premium/Discount to List
-$625,000
-32.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%
Original Mortgage
$1,650,000
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 19, 2013
Closed on
Sep 30, 2013
Sold by
Gerami Schrab
Bought by
Realproperty Buyers Llc
Seller's Agent
Sandra Wilken
America One Luxury Real Estate
Buyer's Agent
Remo Paul
Realty ONE Group
List Price
$1,950,000
Sold Price
$1,325,000
Premium/Discount to List
-$625,000
-32.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2005
Sold by
Verma Avtar C and Verma Satya P
Bought by
Gerami Sohrab and The Gerami Family Trust
Source: Public Records

Range of Values:

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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 $4,270,000 North Star Title Insurance Age
Warranty Deed $2,525,000 Greystone Title Agency Llc
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Stewart Title Arizona Agency
Interfamily Deed Transfer -- Stewart Title Arizona Agency
Interfamily Deed Transfer $1,650,000 Accommodation
Warranty Deed $1,650,000 Chicago Title Agency Inc
Cash Sale Deed $1,325,000 Chicago Title Agency Inc
Warranty Deed $3,900,000 Equity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,500,000 Construction
Previous Owner $2,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,650,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,650,000 Seller Take Back
Previous Owner $1,650,000 Purchase Money Mortgage
Previous Owner $3,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Sold $4,270,000 -12.8% $572 / Sq Ft
06/10/2025 06/10/25 Pending -- -- --
05/22/2025 05/22/25 Price Changed $4,895,000 -2.0% $656 / Sq Ft
04/25/2025 04/25/25 Price Changed $4,995,000 -7.4% $669 / Sq Ft
04/18/2025 04/18/25 Price Changed $5,395,000 -1.8% $723 / Sq Ft
02/28/2025 02/28/25 Price Changed $5,495,000 -6.8% $736 / Sq Ft
02/15/2025 02/15/25 For Sale $5,895,000 0.0% $790 / Sq Ft
02/03/2025 02/03/25 Price Changed $5,895,000 +133.5% $790 / Sq Ft
06/10/2019 06/10/19 Sold $2,525,000 +1.0% $332 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $2,499,999 0.0% $329 / Sq Ft
07/01/2017 07/01/17 Rented $13,500 0.0% --
06/19/2017 06/19/17 Under Contract -- -- --
04/20/2017 04/20/17 Price Changed $13,500 -2.9% $2 / Sq Ft
04/11/2017 04/11/17 Price Changed $13,900 -7.3% $2 / Sq Ft
03/19/2017 03/19/17 For Rent $15,000 0.0% --
10/09/2013 10/09/13 Sold $1,325,000 0.0% $194 / Sq Ft
09/16/2013 09/16/13 Pending -- -- --
07/29/2013 07/29/13 Off Market $1,325,000 -- --
06/18/2013 06/18/13 For Sale $1,950,000 -- $286 / 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 $14,188 $241,339 -- --
2024 $13,992 $229,846 -- --
2023 $13,992 $260,270 $52,050 $208,220
2022 $13,422 $209,870 $41,970 $167,900
2021 $14,268 $198,550 $39,710 $158,840
2020 $15,151 $202,080 $40,410 $161,670
2019 $14,719 $198,310 $39,660 $158,650
2018 $14,173 $193,980 $38,790 $155,190
2017 $13,615 $179,470 $35,890 $143,580
2016 $13,331 $183,330 $36,660 $146,670
2015 $12,648 $183,330 $36,660 $146,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6806096

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-06-101