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$1,650,000

Beds
4
Baths
2.5
sq ft
2,824

5403 East Cannon Drive, Paradise Valley, AZ 85253

5403 East Cannon Drive

Paradise Valley, AZ 85253

  • <1 day on market
    • Open house Jan 25
Welcome to this beautifully updated 4-bedroom, 2.5-bathroom home, located in a popular Paradise Valley neighborhood. Situated within the highly rated Scottsdale Unified School District, this home falls within the boundary lines for the coveted ''3 Cs'' schools, offering top-tier education options. Spanning 2,824 square feet, this spacious residence features soaring ceilings and easy-to-maintain wood-look plank tile flooring, combining elegance and practicality. The kitchen and bathrooms have been thoughtfully updated with rich black cabinetry and striking white marble countertops, creating a timeless and sophisticated look. A moody black accent tile adorns the wall behind the kitchen range, adding depth and drama, while a stunning linear pendant above the kitchen island serves as a true showstopper. The kitchen island also offers room for seating, making it the perfect spot for casual meals. The oversized primary suite is a serene retreat, complete with a French door that opens directly to the lush backyard, allowing for seamless indoor-outdoor living. Step outside to your beautifully landscaped oasis, featuring a grassy area perfect for kids to play, a sparkling pool, and an above-ground spa where you can unwind after a long day. This home offers the perfect blend of luxury, relaxation, and functionality in a prime location. Don't miss the opportunity to make it yoursschedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$1,333,490

Lot size

0.23 acres

Price per sq ft

$585

Year built

1992

Annual property taxes

$5,124

Monthly HOA fee

$27.5

Price History

01/22/2025
ArizonaRegional

ArizonaRegional #6809000

Listed
$1,650,000
+158.82%
10/30/2015
ArizonaRegional

ArizonaRegional #5333416

Sold
$637,500

Schools & Community

Neighborhood: 

Paradise Valley

Elementary school: 

Cherokee Elementary School

Middle school: 

Cocopah Middle School

High school: 

Chaparral High School

High school district: 

Scottsdale Unified District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,237,946
Asking price
$1,650,000
Closing costs (~8% of asking)
-$132,000
Est. remaining loan balance
-$280,054
Cash to seller
$1,237,946

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

August 2009

Original loan amount

$412,000

Est. remaining balance

$280,054

Interest rate

5.42%

Loan type

New Conventional, 30 year

Seller

James C Bacon Jr and Susan Ellen Bacon

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/22/2025 at 7:35 PM

Listing updated: 01/22/2025 at 4:15 PM

Listed by: Brian C North, Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6809000

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