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5421 E Cannon Dr, Paradise Valley, AZ, 85253

$2,399,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Baths
4,169 SqFt
$575/SqFt
House

Location

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5421 E Cannon Dr, Paradise Valley$2,399,000

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
BasementYes
Fireplace1 Fireplace
Private PoolYes
MLS #6792700
Lot Size0.23 Acres
StatusActive

About 5421 E Cannon Dr

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Santa Barbara/Tuscan
  • Year Built: 1992
  • Stories: 1
  • Living Area: 4,169 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:

  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Fireplace: 1 Fireplace

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Covered Patio(s), 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, Desert Back, Desert Front
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Electric

Other

Directions Information:

  • Directions: West on Shea, South on 54th Place, West on Cannon, House on Left(S)

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,399,000
  • Price Per SqFt: $575/SqFt

HOA Fees:

  • Amount: $330
  • Frequency: Annually

Tax Information:

  • Annual Amount: $6,359
  • 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

$3.1M

Med. Price/SqFt

$717

Avg. Days On Market

72

# of Sold Homes

26

5421 E Cannon Dr vs Paradise Valley

7 DAYS ON ROCKET

-65 Days

$2,399,000

-$788.5K Less

$575/SqFt

-$143 Less

KEY TAKEAWAY

This property is $788.5K less than the Median Sold Price and $143/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: #6792700

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: 12/17/2024, 11:56:03 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

Apr 30, 2021Home Sold
$1,300,000
Jun 30, 1999Home Sold
$492,300
Dec 06, 1996Home Sold
$375,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,359$72,330
2020$5,664$70,300
2019$5,198$69,510
2017$4,971$62,480

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,259

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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.

Nearby Schools

school-card-donut-4368888
10
/10

  • Cherokee Elementary School

  • 8801 N 56th St

  • 1.12 miles

  • Public District Grades EE-5

school-card-donut-4368889
10
/10

  • Sequoya Elementary School

  • 11808 N 64th St

  • 1.39 miles

  • Public District Grades PK-5

school-card-donut-4368890
9
/10

  • Desert Shadows Elementary School

  • 5902 E Sweetwater Ave

  • 1.78 miles

  • Public District Grades PK-6

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+. Residents typically live in single, no kids family. 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 5421 E Cannon Dr

What is the listing price of this property?

The listing price of 5421 E Cannon Dr property is $2,399,000.

What type of property is this?

The property 5421 E Cannon Dr is a house located in Paradise Valley, Arizona, 85253.

Is this property for sale now?

Active Listing: 5421 E Cannon Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,359 (source: MLS/based on county public records data).

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

The last sale was on April 30, 2021 for $1,300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5421 E Cannon Dr has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 5421 E Cannon Dr is 4,169 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5421 E Cannon Dr is 1992.

Rocket Homes›Arizona›Maricopa County›Paradise Valley›85253›5421 E Cannon Dr

This home is located at 5421 E Cannon Dr in Paradise Valley, AZ and zip code 85253 in the Paradise Valley Village neighborhood. This 4,169 square foot home, which was built in 1992, sits on a 0.23 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $2,399,000.

In November 2024 more than 0 listings in Paradise Valley, AZ were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 19 were sold below. The number of listings in Paradise Valley, AZ increased by 9.4% between October 2024 and November 2024. In November 2024 median list price was $3,187,500 and the average listing age was 72 days.

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

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