7929 N 55th St Paradise Valley, AZ 85253
Paradise Valley Neighborhood
4
Beds
8
Baths
7,600
Sq Ft
1.02
Acres
Highlights
- Guest House
- Heated Spa
- Mountain View
- Kiva Elementary School Rated A
- 1.02 Acre Lot
- Fireplace in Primary Bedroom
About This Home
As of July 2025Fantastic opportunity to own the highest property on the Western slope of Mummy Mountain. Priced at 1/3 of replacement cost! Must see to believe. CALL TODAY! No Neighbors in any direction! Endless views in every direction. This home boasts the ultimate in privacy, value & Entertainment. There's nothing else like it under 5M in Paradise Valley. Truly the deal of a lifetime!
Last Agent to Sell the Property
Realty ONE Group License #SA631827000 Listed on: 05/03/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,173
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
- 4 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
- 7,600 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
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Remodeled Bathroom
- 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
- Built by custom
- El Dorado Estates 1 Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 169-06-101
Ownership History
Date
Name
Owned For
Owner Type
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
12.05%
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
12.05%
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
Similar Homes in Paradise Valley, AZ
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 | $2,525,000 | 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
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
-
S
Seller's Agent in 2025
Shaianne Coleman
RETSY
-
N
Buyer's Agent in 2025
Non-Represented Buyer
Non-MLS Office
-
R
Seller's Agent in 2019
Remo Paul
Realty One Group
-
E
Seller Co-Listing Agent in 2019
Erik Walbot
Realty One Group
-
C
Buyer's Agent in 2019
Chad Klock
RETSY
-
R
Seller's Agent in 2017
Reena Bradford
Compass
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5920527
APN: 169-06-101
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
Nearby Homes
- 7838 N 54th Place
- 8031 N 54th St Unit 24
- 8031 N 54th St
- 8060 N Mummy Mountain Rd
- 5526 E Roadrunner Rd
- 5339 E Desert Vista Rd
- 5346 E Royal Palm Rd
- 5833 E Foothill Dr N Unit 88
- 5744 E Cheney Dr Unit 17
- 8230 N Mockingbird Ln
- 5030 E Mockingbird Ln
- 5676 E Cheney Dr
- 6041 E Foothill Dr N Unit 64
- 6041 E Foothill Dr N
- 5636 E Caballo Dr
- 8312 N 50th St
- 7425 N 58th Place Unit 23
- 8229 N Ridgeview Dr
- 6139 E Maverick Rd Unit 4
- 7501 N Eucalyptus Dr