NOT LISTED FOR SALE

4002 E Lamar Rd Paradise Valley, AZ 85253

Estimated Value: $3,390,000 - $6,675,000

4 Beds
4.5 Baths
5,486 Sq Ft
$890/Sq Ft Est. Value

Last Sold May 08, 2015

Last sale price $1,835,000 $334 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $26,139/month

85 Days on Market

Highlights

  • Private Pool
  • City Lights View
  • Two Primary Bathrooms
  • Kiva Elementary School Rated A
  • 2.26 Acre Lot
  • Contemporary Architecture

About This Home

As of May 2015

Absolutely stunning downtown view property on 2.25acres. This high style home offers walls of glass and dramatic style. Carved right into the mountain, this home is perched mountainside with picturesque views and privacy. The greatroom offers a wood fireplace, soaring ceilings and unique wood beamed design over the spacious entertaining bar, open to the dining room and all outdoor entertaining spaces. The breakfast room is open to the gourmet kitchen with center island, granite counters and high end appliances. Also on the main level is a lovely powder rm, generous laundry and guest room with en suite bath. The second level offers 3 additional bedroom all with en suite baths, including a spacious master with his and her separate baths and spacious gentleman's office.A view balcony expands the full length of the second level, offering a panoramic spot to capture the 360 degree views. The outdoor entertaining areas are terraced to offer many areas and options. Large pool, firepit and even a waterfall that flows down the mountainside. This property is truly a special find!

Last Agent to Sell the Property

Wendy Walker

Compass License #SA520073000 Listed on: 12/18/2014

Compass

Last Buyer's Agent

Dan Gonen

RE/MAX Excalibur License #BR101467000

RE/MAX Excalibur

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,435

Year Built

  • Built in 1974

Lot Details

  • 2.26 Acre Lot
  • Desert faces the front and back of the property

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Foam Roof
  • Stone Exterior Construction

Interior Spaces

  • 5,486 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Living Room with Fireplace

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Parking

  • 6 Open Parking Spaces
  • 5 Carport Spaces

Outdoor Features

  • Private Pool
  • Balcony
  • Patio
  • Fire Pit

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Zoned Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Lincoln Heights Subdivision, Custom Floorplan

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 169-51-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,435

Year Built

Built in 1974

Lot Details

2.26 Acres

Listing Details

  • Cross Street: 40th Street and Lincoln
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Tax Year: 2013
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 2.26
  • Subdivision Name: Lincoln Heights
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 334.49
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Wet Bar, Kitchen Island, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5486.0
  • Stories: 2
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: Hillside Lot, Natural Desert Back, Gravel/Stone Back, Natural Desert Front
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame, Stone
  • Patio And Porch Features: Patio
  • Roof: Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Carport Spaces: 5.0
  • Open Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 98608.0
  • Parcel #: 169-51-019

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 9435.0
  • Tax Book Number: 169.00
  • Tax Lot: 48
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2025
Sold by
Shabat Izhak Ben
Bought by
Ill Trust and Shabat
Current Estimated Value
$4,883,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Outstanding Balance
$2,198,076
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$2,685,862

Purchase Details

Closed on
Apr 4, 2022
Sold by
Ben Shabat Izhak
Bought by
Ill Trust

Purchase Details

Closed on
Mar 24, 2022
Sold by
Ben Shabat Izhak
Bought by
Ill Trust

Purchase Details

Listed on
Dec 18, 2014
Closed on
Mar 18, 2015
Sold by
Theiler Anthony
Bought by
Shabat Izhak Ben
Seller's Agent
Wendy Walker
Compass
Buyer's Agent
Dan Gonen
RE/MAX Excalibur
List Price
$1,995,000
Sold Price
$1,835,000
Premium/Discount to List
-$160,000
-8.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$1,468,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2014
Sold by
Harris Machiko
Bought by
Theiler Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 19, 2011
Closed on
Feb 3, 2012
Sold by
Simmons Jr Tifton
Bought by
Theiler Anthony
Seller's Agent
Walter Danley
Walt Danley Realty, LLC
Buyer's Agent
Ingibjorg Valsdottir
HomeSmart
List Price
$2,000,000
Sold Price
$1,350,000
Premium/Discount to List
-$650,000
-32.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Original Mortgage
$1,080,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ill Trust -- --
Shabat Izhak Ben -- Wfg National Title Insurance C
Ill Trust -- Kierman Law Plc
Ill Trust -- Kierman Law Plc
Shabat Izhak Ben $1,835,000 First American Title Ins Co
Theiler Anthony -- Old Republic Title Agency
Theiler Anthony $1,350,000 Fidelity Natl Title Agency I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shabat Izhak Ben $2,200,000
Previous Owner Shabat Izhak Ben $1,468,000
Previous Owner Theiler Anthony $1,200,000
Previous Owner Theiler Anthony $1,080,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2015 05/08/15 Sold $1,835,000 -8.0% $334 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
12/18/2014 12/18/14 For Sale $1,995,000 +47.8% $364 / Sq Ft
02/22/2012 02/22/12 Sold $1,350,000 -10.0% $246 / Sq Ft View Prior Sale
01/09/2012 01/09/12 Pending -- -- --
12/07/2011 12/07/11 Price Changed $1,500,000 -14.3% $273 / Sq Ft
09/22/2011 09/22/11 Price Changed $1,750,000 -12.5% $319 / Sq Ft
07/19/2011 07/19/11 For Sale $2,000,000 -- $365 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,758 $191,205 -- --
2024 $11,085 $133,741 -- --
2023 $11,085 $223,460 $44,690 $178,770
2022 $10,034 $165,170 $33,030 $132,140
2021 $10,730 $157,670 $31,530 $126,140
2020 $11,409 $175,450 $35,090 $140,360
2019 $10,994 $164,270 $32,850 $131,420
2018 $10,564 $152,260 $30,450 $121,810
2017 $10,125 $143,380 $28,670 $114,710
2016 $9,901 $145,170 $29,030 $116,140
2015 $9,363 $145,170 $29,030 $116,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5213139

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-51-019

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