13 days on rocket

5434 E Cannon Dr, Paradise Valley, AZ, 85253

$1,495,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Baths
2,824 SqFt
$529/SqFt
House
Schools Nearby

Location

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5434 E Cannon Dr, Paradise Valley$1,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDir Entry frm Garage, Electric Door Opener
Garage3 spaces
Year Built1992
HeatingElectric
CoolingCeiling Fan(s)
Fireplace1 Fireplace, Family Room
Private PoolYes
MLS #6705229
Lot Size0.23 Acres
StatusActive

About 5434 E Cannon Dr

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Santa Barbara/Tuscan
  • Year Built: 1992
  • Stories: 1
  • Living Area: 2,824 SqFt

Listing Office:

  • Office Name: Russ Lyon Sotheby's International Realty
  • Office Phone: (480) 287-5200
  • Listing Agent: Catherine Lewis, Joshua M Shaver

Interior Features

Interior Information:

  • Flooring Type: Carpet, Stone, Tile
  • Interior: Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Fireplace: 1 Fireplace, Family Room

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Covered Patio(s), Gazebo/Ramada, Patio, Built-in Barbecue

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Dir Entry frm Garage, Electric Door Opener

Lot Features

Lot Information:

  • Lot: Sprinklers In Rear, Sprinklers In Front, Grass Front
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Chaparral High School, Public District Grades 9-12
  • Scottsdale Online Learning, Public District Grades KG-12
  • Cocopah Middle School, Public District Grades 6-8
  • Arcadia Neighborhood Learning Center, Public District Grades KG-8
  • Cherokee Elementary School, Public District Grades PK-5
  • Pueblo Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: West on Shea, South on 54th Place, West on Cannon, House on Right(N)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,495,000
  • Price Per SqFt: $529/SqFt

HOA Fees:

  • Amount: $330
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,419
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Paradise Valley, AZ.

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Paradise Valley, AZ

City

Med. Sold Price

$3.0M

Med. Price/SqFt

$727

Avg. Days On Market

123

# of Sold Homes

43

5434 E Cannon Dr vs Paradise Valley

13 DAYS ON ROCKET

-110 Days

$1,495,000

-$1.5M Less

$529/SqFt

-$199 Less

KEY TAKEAWAY

This property is $1.5M less than the Median Sold Price and $199/SqFt less than other homes in Paradise Valley, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6705229

Listing Office:

  • Office Name: Russ Lyon Sotheby's International Realty
  • Office Phone: (480) 287-5200
  • Listing Agent: Catherine Lewis, Joshua M Shaver

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 12:55:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 22, 2009Home Sold
$510,000
May 08, 2001Home Sold
$438,000
Aug 07, 1995Home Sold
$273,150
Dec 01, 1992Home Sold
$225,719

Tax History

YEARPROP. TAXASSESSMENT
2021$4,419$63,550
2020$4,344$59,950
2019$4,030$54,510
2017$3,824$48,600

History based on county public records data.

Payment Calculator

$7,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,549

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4257779
10
/10

  • Cherokee Elementary School

  • 8801 N 56th St

  • 1.17 miles

  • Public District Grades PK-5

school-card-donut-4257780
9
/10

  • Pueblo Elementary School

  • 6320 N 82nd St

  • 4.85 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4257781
9
/10

  • Cocopah Middle School

  • 6615 E Cholla St

  • 1.51 miles

  • Public District Grades 6-8

school-card-donut-4257782
4
/10

  • Arcadia Neighborhood Learning Center

  • 4330 N 62nd St

  • 5.76 miles

  • Public District Grades KG-8

High School

school-card-donut-4257783
8
/10

  • Chaparral High School

  • 6935 E Gold Dust Ave

  • 1.84 miles

  • Public District Grades 9-12

school-card-donut-4257784
5
/10

  • Scottsdale Online Learning

  • 7601 East Oak St

  • 7.57 miles

  • Public District Grades KG-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $106,151. Most Paradise Valley, AZ residents have annual incomes $200k+. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5434 E Cannon Dr

What is the listing price of this property?

The listing price of 5434 E Cannon Dr property is $1,495,000.

What type of property is this?

The property 5434 E Cannon Dr is a house located in Paradise Valley, Arizona, 85253.

Is this property for sale now?

Active Listing: 5434 E Cannon Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5434 E Cannon Dr are:
Cherokee Elementary School: GreatSchools Rating 10/10
Pueblo Elementary School: GreatSchools Rating 9/10
Cocopah Middle School: GreatSchools Rating 9/10
Arcadia Neighborhood Learning Center: GreatSchools Rating 4/10
Chaparral High School: GreatSchools Rating 8/10
Scottsdale Online Learning: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,419 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 22, 2009 for $510,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5434 E Cannon Dr has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5434 E Cannon Dr is 2,824 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5434 E Cannon Dr is 1992.

Rocket Homes›Arizona›Maricopa County›Paradise Valley›85253›5434 E Cannon Dr

This home is located at 5434 E Cannon Dr in Paradise Valley, AZ and zip code 85253 in the Paradise Valley Village neighborhood. This 2,824 square foot home, which was built in 1992, sits on a 0.23 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $1,495,000.

Over 2 listings were sold over their listed price in April 2024 in Paradise Valley, AZ. In the same period over 33 listings were sold below the listed price and 8 listings were sold for the listed price. The inventory of homes for sale in Paradise Valley, AZ between March 2024 and April 2024 increased by 4.2%. While the average time on the market in April 2024 was 123 days, the median list price was $3,073,747.

From Rocket Homes Real Estate and based on county public records data.

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