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!
Sold for $1,450,000
$1,450,000
5434 E CANNON Drive, Paradise Valley, AZ 85253
4beds
3baths
2,824sqft
Single Family Residence
Built in 1992
10,165 Square Feet Lot
$1,548,700 Zestimate®
$513/sqft
$6,956 Estimated rent
Home value
$1,548,700
$1.44M - $1.67M
$6,956/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Catherine Lewis 480-249-2324,
Russ Lyon Sotheby's International Realty,
Joshua M Shaver 602-770-4773,
Russ Lyon Sotheby's International Realty
Bought with:
Caitlin Bronsky, SA643873000
eXp Realty
Source: ARMLS,MLS#: 6705229
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Cooktop
Features
- High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Carpet, Stone, Tile
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Family Room
Interior area
- Total structure area: 2,824
- Total interior livable area: 2,824 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage Door Opener, Direct Access
- Garage spaces: 3
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Built-in Barbecue
- Has private pool: Yes
- Has spa: Yes
- Spa features: Private
- Fencing: Block
Lot
- Size: 10,165 Square Feet
- Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Details
- Additional structures: Gazebo
- Parcel number: 16805194
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Santa Barbara/Tuscan
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted
- Roof: Tile
Condition
- Year built: 1992
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Subdivision: PROMONTORY LOT 81-168 TR A-C
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $330 annually
- HOA name: North Phoenix Promon
- HOA phone: 602-437-4777
Location
- Region: Paradise Valley
Financial & listing details
- Price per square foot: $513/sqft
- Tax assessed value: $1,095,000
- Annual tax amount: $4,449
- Date on market: 5/15/2024
- Cumulative days on market: 113 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/16/2025 | Listing removed | $1,485,000+2.4%$526/sqft |
Source:  ARMLS #6518997 Report a problem | ||
| 9/13/2024 | Sold | $1,450,000-2.7%$513/sqft |
Source: ARMLS #6705229 Report a problem | ||
| 9/4/2024 | Pending sale | $1,490,000$528/sqft |
Source: ARMLS #6705229 Report a problem | ||
| 7/29/2024 | Price change | $1,490,000-0.3%$528/sqft |
Source: ARMLS #6705229 Report a problem | ||
| 5/15/2024 | Listed for sale | $1,495,000+0.7%$529/sqft |
Source: ARMLS #6705229 Report a problem | ||
| 3/5/2023 | Listing removed | -- |
Source:  HomeSmart Report a problem | ||
| 2/10/2023 | Listed for sale | $1,485,000+139.5%$526/sqft |
Source: ARMLS #6518997 Report a problem | ||
| 5/8/2011 | Listing removed | $620,000+21.6%$220/sqft |
Source: Vflyer Homes #4075537 Report a problem | ||
| 7/22/2009 | Sold | $510,000-17.7%$181/sqft |
Source: ARMLS #4186413 Report a problem | ||
| 3/23/2009 | Price change | $620,000-10.8%$220/sqft |
Source: Homes.com Report a problem | ||
| 11/27/2008 | Listed for sale | $695,000+58.7%$246/sqft |
Source: Homes.com Report a problem | ||
| 5/8/2001 | Sold | $438,000+60.4%$155/sqft |
Source: Public Record Report a problem | ||
| 8/7/1995 | Sold | $273,150$97/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,762 +5.3% | $109,500 -4% |
| 2024 | $4,521 +2.3% | $114,070 +91.8% |
| 2023 | $4,419 +4.2% | $59,462 -14.5% |
| 2022 | $4,243 -2.4% | $69,570 +9.5% |
| 2021 | $4,345 +4.4% | $63,550 +6% |
| 2020 | $4,162 +3.3% | $59,950 +10% |
| 2019 | $4,030 | $54,510 +9.3% |
| 2018 | $4,030 +5.4% | $49,880 +2.6% |
| 2017 | $3,824 +11.8% | $48,600 +4.6% |
| 2016 | $3,420 +4.7% | $46,460 +6.1% |
| 2015 | $3,266 | $43,780 +14.2% |
| 2014 | -- | $38,330 +8% |
| 2013 | -- | $35,500 -3% |
| 2012 | -- | $36,600 -5.1% |
| 2011 | -- | $38,550 -26.4% |
| 2010 | -- | $52,400 -13.8% |
| 2009 | -- | $60,760 -7.9% |
| 2008 | -- | $65,950 +7.1% |
| 2007 | -- | $61,550 +59.7% |
| 2006 | -- | $38,550 |
| 2005 | -- | $38,550 +8.6% |
| 2004 | -- | $35,500 |
| 2003 | -- | $35,500 +9.4% |
| 2002 | -- | $32,450 |
Find assessor info on the county website
Neighborhood: 85253
Nearby homes
- $1,357,5004 bd2 ba2.5k sqft5504 E Cannon Dr, Paradise Valley, AZ 85253Off Market
- $1,343,5004 bd2 ba2.5k sqft5428 E Cannon Dr, Paradise Valley, AZ 85253Off Market
- $868,1004 bd2 ba2.8k sqft5431 E Shea Blvd, Scottsdale, AZ 85253Off Market
- $828,8004 bd3 ba2.8k sqft5431 E Shea Blvd, Scottsdale, AZ 85254Off Market
- $1,069,1004 bd3 ba2.5k sqft5501 E Shea Blvd, Scottsdale, AZ 85254Off Market
- $1,071,200-- bd3 ba2.5k sqft5425 E Shea Blvd, Scottsdale, AZ 85254Off Market
- $1,594,5004 bd2 ba2.9k sqft5433 E Cannon Dr, Paradise Valley, AZ 85253Off Market
- $1,267,800-- bd3 ba2.5k sqft5422 E Cannon Dr, Scottsdale, AZ 85253Off Market
Nearby schools
GreatSchools rating
- 10/10Cherokee Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 9/10Cocopah Middle SchoolGrades: 6-8Distance: 1.5 mi
- 9/10Chaparral High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Cherokee Elementary School
- Middle: Cocopah Middle School
- High: Chaparral High School
- District: Scottsdale Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,548,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,548,700
- Arizona
- Maricopa County
- Paradise Valley
- 85253
- 5434 E CANNON Drive
Nearby cities
Nearby zip codes
Other Paradise Valley Topics
