$1,480,000
5503 E CANNON Drive
Paradise Valley, AZ 85253
MLS# 6341520
Status: Closed
4 beds  |  2.5 baths

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5503 E CANNON Drive, Paradise Valley, AZ 85253
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Property Description
Beautiful split floorplan home on gorgeous, premium lot w/ sparkling pool in exclusive Promontory subdivision. Vaulted ceilings, lots of natural light give home open, spacious feel. Beautiful living/dining room w/ 3 sets of French doors leading to patio make this ideal space to relax and entertain. Huge, open eat in kitchen, tons of counter space & cabinetry, large island w/ granite counter, convenient breakfast bar. Comfortable family room w/ wood burning fireplace. Large primary bedroom, spacious, comfortable sitting area overlooking backyard. Bright, well-appointed primary bathroom, dual vanities, separate tub & shower, huge walk in closet. Resort-like backyard lushly landscaped, large covered patio, extended pavers, raised seating area, grassy side yard, gorgeous pool. Fantastic home.

Details
Maps
Contract Information
Status Change Date: 2022-03-31
Sold Price: $1,480,000
Status: Closed
Current Price: $1,480,000
List Date: 2022-01-13
Type: ER
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2.5
Variable Commission: Y
Location, Tax & Legal
Map Code/Grid: M36
House Number: 5503
Compass: E
Street Name: CANNON
St Suffix: Drive
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 1158
Country: USA
County Code: Maricopa
Assessor's Map #: 5
Assessor's Parcel #: 182
Assessor Number: 168-05-182
Legal Description (Abbrev): LOT 144 PROMONTORY LOT 81-168 TR A-C MCR 034621
Subdivision: PROMONTORY LOT 81-168 TR A-C
Tax Municipality: Phoenix
Taxes: 4978
Tax Year: 2021
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 4
# Bathrooms: 2.5
Approx SQFT: 3055
Price/SqFt: 484.45
Horses: N
Builder Name: Watt Hancock
Year Built: 1992
Approx Lot SqFt: 10096
Approx Lot Acres: 0.232
Pool: Private Only
Planned Comm Name: Promontory
Marketing Name: Promontory
Elementary School: Cherokee Elementary School
Jr. High School: Cocopah Middle School
High School: Chaparral High School
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Remarks & Misc
Cross Street: Shea and Tatum
Directions: Head east on Shea, south on 54th St, east on Cannon. Home is on south side of street.
Geo Lat: 33.581444
Geo Lon: -111.962954
Status Change Info
Off Market Date: 2022-02-23
Under Contract Date: 2022-02-17
Close of Escrow Date: 2022-03-31
Sold Price: $1,480,000
Legal Info
Township: 3N
Range: 4E
Section: 29
Lot Number: 144
Association & Fees
HOA Y/N: Y
HOA Fee: 330
HOA Paid Frequency: Annually
HOA Name: Promontory HOA
HOA Telephone: 602-437-4777
HOA Management Company: City Property Mngmt
HOA Management Phone: 602-437-4777
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee $/%: $
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 27.5
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Items Updated
Ht/Cool Yr Updated: 2014
Ht/Cool Partial/Full: Full
Parking Spaces
Garage Spaces: 3
Slab Parking Spaces: 3
Total Covered Spaces: 3
Contact Info
List Agent Home Phn: 480-201-2383
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Status Update: Multiple Offers Received
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Sinks; Other (See Remarks)
Master Bedroom: Split
Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet; Master Bedroom Sitting Room
Fireplace: 1 Fireplace; Fireplace Family Rm
Flooring: Carpet; Tile; Wood
Windows: Dual Pane
Pool Features: Private
Spa: None
Dining Area: Eat-in Kitchen; Breakfast Bar; Dining in LR/GR
Kitchen Features: Cook Top Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Granite Countertops; Non-laminate Counter; Kitchen Island
Laundry: Washer Included; Dryer Included; Inside
Other Rooms: Family Room
Features: Vaulted Ceiling(s); See Remarks
Technology: Cable TV Avail; High Speed Internet Available
Exterior Features: Covered Patio(s)
Parking Features: Dir Entry frm Garage; Electric Door Opener
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Tile
Cooling: Refrigeration; Ceiling Fan(s); Programmable Thmstat
Heating: Electric
Utilities: APS
Water: City Water
Sewer: Sewer - Public; Sewer in & Cnctd
Fencing: Block
Property Description: North/South Exposure
Landscaping: Desert Back; Grass Front; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back
Lockbox Type: Supra (ARMLS)
Possession: Close of Escrow
Association Fee Incl: Common Area Maint
Assoc Rules/Info: Prof Managed
Existing 1st Loan: Treat as Free&Clear
New Financing: Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Supplements
Fourth bedroom has built in desks and shelving making it an ideal home office. One HVAC unit approx. 4-5 yrs old, 2nd unit approx. 8-9 yrs old. Home has been beautifully maintained.

Listing Office: Redfin Corporation

Last Updated: March - 31 - 2022

5503 E CANNON Drive, Paradise Valley, AZ 85253 - MLS# 6341520
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