5 months on rocket

5221 E Cheney Dr, Paradise Valley, AZ, 85253

$9,500,000

4 Bedrooms
5 Baths
5,502 SqFt
$1,727/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingElectric Door Opener
Garage4 spaces
Year BuiltNew Const., 2024
HeatingOther
Fireplace2 Fireplace, Exterior Fireplace, Living Room, Gas
ViewCity Lights, Mountain(s)
Private PoolYes
MLS #6628089
Lot Size1.10 Acres
StatusActive

About 5221 E Cheney Dr

Location! Location! Just a few minutes WALK TO PARADISE VALLEY COUNTRY CLUB and nestled on a quiet cul-de-sac on Mummy Mtn sits a beautiful hillside CONTEMPORARY GLASS HOME designed by renowned architect CP Drewett, scheduled for completion JUNE 2024. Fabulous city light views to the north, 28 acres of undeveloped pristine desert owned by Paradise Valley Mountain Preserve Trust to the east + south, and Phx Mtn Preserve + sunsets in the distance to the west. This 5502 sf home is being built by notable Brimley Development and features a stunning great rom with a bar +glass wine wall, office, 4 bedrms including attached casita, 4 car garage, pool + multiple patios to admire the views. A luxurious desert oasis that combines great modern design with the beauty of its natural surrounding

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Stories: 2
  • Living Area: 5,502 SqFt

Listing Office:

  • Office Name: Realty ONE Group
  • Office Phone: (602) 953-4000
  • Listing Agent: Joan A Levinson

Interior Features

Interior Information:

  • Interior: Eat-in Kitchen, Breakfast Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Fireplace: 2 Fireplace, Exterior Fireplace, Living Room, Gas

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City Lights, Mountain(s)
  • Exterior: Covered Patio(s)

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Electric Door Opener

Lot Features

Lot Information:

  • Lot: Desert Back, Desert Front
  • Lot Size: 1.10 Acres

Utilities

Utilities Information:

  • Heating: Other

School Info

Assigned Schools Information:

  • Saguaro High School, Public District Grades 9-12
  • Scottsdale Online Learning, Public District Grades KG-12
  • Arcadia Neighborhood Learning Center, Public District Grades KG-8
  • Mohave Middle School, Public District Grades 6-8
  • Cheyenne Traditional Elementary School, Public District Grades KG-8
  • Kiva Elementary School, Public District Grades KG-6
  • Pueblo Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: From Lincoln and Camelback Inn, N on Desert Fairways Dr. past PV Country Club golf course, N on Shadow Mountain, E on Las Brisas, then in 100ft turn R at ''No Outlet'' sign. **No ''Cheney Dr.'' sign*

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,500,000
  • Price Per SqFt: $1,727/SqFt

Tax Information:

  • Annual Amount: $8,448
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$3.0M

Med. Price/SqFt

$719

Avg. Days On Market

85

# of Sold Homes

30

5221 E Cheney Dr vs Paradise Valley

171 DAYS ON ROCKET

+86 Days

$9,500,000

+$6.4M More

$1,727/SqFt

+$1K More

KEY TAKEAWAY

This property is $6.4M more than the Median Sold Price and $1K/SqFt more 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: #6628089

Listing Office:

  • Office Name: Realty ONE Group
  • Office Phone: (602) 953-4000
  • Listing Agent: Joan A Levinson

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: 4/28/2024, 7:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 28, 2004Home Sold
$3,200,000
Mar 24, 2000Home Sold
$1,200,000
Feb 05, 1996Home Sold
$362,642
Jun 15, 1994Home Sold
$405,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,448$136,605
2020$8,393$111,960
2019$8,121$113,610
2017$7,802$102,495

History based on county public records data.

Payment Calculator

$47.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$28.5K

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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-2549918
7
/10
  • Kiva Elementary School

  • 6911 E Mcdonald Dr

  • 2.08 miles

  • Public District Grades KG-6

school-card-donut-2549919
8
/10
  • Pueblo Elementary School

  • 6320 N 82nd St

  • 3.20 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2549920
4
/10
  • Arcadia Neighborhood Learning Center

  • 4330 N 62nd St

  • 3.09 miles

  • Public District Grades KG-8

school-card-donut-2549921
7
/10
  • Mohave Middle School

  • 8490 E Jackrabbit Rd

  • 3.99 miles

  • Public District Grades 6-8

school-card-donut-2549922
9
/10
  • Cheyenne Traditional Elementary School

  • 13636 N 100th St

  • 7.12 miles

  • Public District Grades KG-8

High School

school-card-donut-2549923
6
/10
  • Saguaro High School

  • 6250 N 82nd St

  • 3.22 miles

  • Public District Grades 9-12

school-card-donut-2549924
3
/10
  • Scottsdale Online Learning

  • 7601 East Oak St

  • 4.89 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $137,813. The majority of Paradise Valley, AZ residents have income $200k+ annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5221 E Cheney Dr

What is the listing price of this property?

The listing price of 5221 E Cheney Dr property is $9,500,000.

What type of property is this?

The property 5221 E Cheney Dr is a house located in Paradise Valley, Arizona, 85253.

Is this property for sale now?

Active Listing: 5221 E Cheney 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 5221 E Cheney Dr are:
Kiva Elementary School: GreatSchools Rating 7/10
Pueblo Elementary School: GreatSchools Rating 8/10
Arcadia Neighborhood Learning Center: GreatSchools Rating 4/10
Mohave Middle School: GreatSchools Rating 7/10
Cheyenne Traditional Elementary School: GreatSchools Rating 9/10
Saguaro High School: GreatSchools Rating 6/10
Scottsdale Online Learning: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,448 (source: MLS/based on county public records data).

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

The last sale was on June 28, 2004 for $3,200,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5221 E Cheney Dr has 4 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 5221 E Cheney Dr is 5,502 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5221 E Cheney Dr is 2024.
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Rocket Homes›Arizona›Maricopa County›Paradise Valley›85253›5221 E Cheney Dr

This home is located at 5221 E Cheney Dr in Paradise Valley, AZ and zip code 85253 in the La Place du Sommet neighborhood. This 5,502 square foot home, which was built in 2024, sits on a 1.10 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 09, 2023 and is currently priced at $9,500,000.

In March 2024 more than 2 listings in Paradise Valley, AZ were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 24 were sold below. Between February 2024 and March 2024, Paradise Valley, AZ real estate market has seen increase in the number of listings by 5.8%. The median list price of listings available in March 2024 was $3,047,500, while the average time on the real estate market was 85 days.

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

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