$1,550,000
Paradise Valley, AZ 85253
MLS# 6573502
Status: Closed
5 beds | 3.5 baths

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Property Description
Beautiful split floor-plan home on gorgeous lot w/ sparkling pool in exclusive Promontory subdivision. Vaulted ceilings, lots of natural light give home open, spacious feel. Beautiful living/dining room w/ 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 with fireplace. Large primary bedroom with spacious, comfortable sitting area overlooking backyard. Bright primary bathroom with dual vanities, separate tub & shower, huge walk-in closet. Resort-like backyard with large covered patio. This is a fantastic home close to great hiking, shopping and great restaurants!
Details
Maps
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Sold Price: $1,550,000
Status: Closed
Current Price: $1,550,000
List Date: 2023-06-25
Location, Tax & Legal
Assessor's Map #: 5
Legal Description (Abbrev): LOT 89 PROMONTORY LOT 81-168 TR A-C MCR 034621
Assessor's Parcel #: 127
Tax Municipality: Phoenix
Taxes: 6304
Map Code/Grid: M36
House Number: 10235
Compass: N
Street Name: 55TH
St Suffix: Place
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 1171
County Code: Maricopa
Assessor Number: 168-05-127
Subdivision: PROMONTORY LOT 81-168 TR A-C
Tax Year: 2022
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 2
Approx SQFT: 4169
Price/SqFt: 371.79
Approx Lot SqFt: 10070
Approx Lot Acres: 0.231
Horses: N
Builder Name: Hancock Homes
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Cherokee Elementary School
Jr. High School: Cocopah Middle School
High School: Chaparral High School
Community Pool Y/N: No
Private Pool Y/N: Yes
Dwelling Type: Single Family Residence
Exterior Stories: 1
# Bedrooms: 5
# Bathrooms: 3.5
Year Built: 1992
Legal Info
Range: 4E
Section: 29
Township: 3N
Lot Number: 89
Special Listing Cond
N/A: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Tile: 1
Association & Fees
HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 0
HOA Fee: 330
HOA Paid Frequency: Annually
HOA Name: Promontory
HOA Telephone: 480.437.4777
HOA Management Company: City Property Mgmt
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 0
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 330
Disclosure Fees HOA: 400
Other Fees HOA: 0
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 27.5
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Architecture
Spanish: 1
Santa Barbara/Tuscan: 1
Master Bathroom
Full Bth Master Bdrm: 1
Separate Shwr & Tub: 1
Double Vanity: 1
Private Toilet Room: 1
Master Bedroom
Split: 1
Fireplace Features
Fireplace Family Rm: 1
Exterior Fireplace: 1
Flooring
Carpet: 1
Tile: 1
Windows
Dual Pane: 1
Dining Area
Formal: 1
Eat-in Kitchen: 1
Breakfast Bar: 1
Heating
Ceiling: 1
Electric: 1
Kitchen Features
Built-in Microwave: 1
Dishwasher: 1
Disposal: 1
Non-laminate Counter: 1
Pantry: 1
Refrigerator: 1
Wall Oven(s): 1
Gas Cooktop: 1
Granite Counters: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Laundry
Washer Included: 1
Dryer Included: 1
Inside: 1
Basement
Basement Y/N: Y
Other Rooms
Family Room: 1
Great Room: 1
Basement Description
Finished: 1
Full: 1
Separate Den/Office
Sep Den/Office Y/N: Y
Features
Vaulted Ceiling(s): 1
Road Responsibility
City Maintained Road: 1
Technology
Cable TV Avail: 1
High Speed Internet: 1
Fencing
Block: 1
Water Source
City Water: 1
Exterior Features
Covered Patio(s): 1
Patio: 1
Pvt Yrd(s)/Crtyrd(s): 1
Spa
Private: 1
Sewer
Sewer - Public: 1
Sewer in & Cnctd: 1
Parking Spaces
Slab Parking Spaces: 3
Total Covered Spaces: 3
Garage Spaces: 3
Parking Features
Direct Access: 1
Garage Door Opener: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
Plumbing
Electric Hot Wtr Htr: 1
Utilities
APS: 1
Propane: 1
Existing 1st Loan
Treat as Free&Clear: 1
Property Description
East/West Exposure: 1
Landscaping
Gravel/Stone Front: 1
Gravel/Stone Back: 1
Services
City Services: 1
Disclosures
Seller Discl Avail: 1
Agency Discl Req: 1
Residential Propane Tank
Residential Propane Tank: Owned
Propane Underground Y/N: No
Possession
Close of Escrow: 1
Association Fee Incl
Common Area Maint: 1
Assoc Rules/Info
Prof Managed: 1
Sold Info
Loan Type: Other
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 50000
Seller Concession $/%: $
Remarks Misc
Cross Street: Tatum & Shea
Directions: East on Shea Boulevard to 55th Place. South to home on left.
Geo Lat: 33.580591
Geo Lon: -111.961864
Status Change Info
Off Market Date: 2024-01-05
Under Contract Date: 2024-01-05
Close of Escrow Date: 2024-02-08
Sold Price: $1,550,000
Property Features
Special Listing Cond: N/A
Architecture: Spanish; Santa Barbara/Tuscan
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room
Master Bedroom: Split
Fireplace Features: Fireplace Family Rm; Exterior Fireplace
Flooring: Carpet; Tile
Windows: Dual Pane
Spa: Private
Dining Area: Formal; Eat-in Kitchen; Breakfast Bar
Kitchen Features: Gas Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Wall Oven(s); Pantry; Granite Counters; Non-laminate Counter
Laundry: Washer Included; Dryer Included; Inside
Basement Description: Finished; Full
Other Rooms: Family Room; Great Room
Features: Vaulted Ceiling(s)
Technology: Cable TV Avail; High Speed Internet
Exterior Features: Covered Patio(s); Patio; Pvt Yrd(s)/Crtyrd(s)
Parking Features: Direct Access; Garage Door Opener
Road Responsibility: City Maintained Road
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Tile
Cooling: Central Air; Ceiling Fan(s)
Heating: Ceiling; Electric
Plumbing: Electric Hot Wtr Htr
Utilities: APS; Propane
Water Source: City Water
Sewer: Sewer - Public; Sewer in & Cnctd
Services: City Services
Fencing: Block
Property Description: East/West Exposure
Landscaping: Gravel/Stone Front; Gravel/Stone Back
Lockbox Type: Supra
Possession: Close of Escrow
Association Fee Incl: Common Area Maint
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: AZ Brokerage Holdings, LLC
Last Updated: July - 30 - 2025

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