$2,350,000
SOLD JAN 9, 2025
5 Beds
3.5 Baths
4,169 Sq Ft
10,192 Sq Ft Lot

Recently Sold

$564 Per Sq Ft

2% Below List Price

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

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

America One Luxury Real Estate 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
  • 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

  • Refrigerated Cooling System
  • 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

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: Y
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1992
  • Tax Year: 2024
  • Directions: West on Shea, South on 54th Place, West on Cannon, House on Left(S)
  • Property Sub Type: Single Family - Detached
  • 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
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 330.0
  • Special Features: None

Interior Features

  • Basement: Finished
  • Flooring: Tile, Wood
  • Basement YN: Yes
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 4169.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: 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: Covered Patio(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Desert Back, Desert Front, Grass Back, Auto Timer H2O Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Rental OK (See Rmks)
  • 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:HOA Telephone4: 602-437-4777
  • 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
  • ResoLotSizeUnits: SquareFeet

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

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

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

Deed 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

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6792700

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-05-185