$7,075,000
SOLD FEB 25, 2025

4060 E Lamar Rd Paradise Valley, AZ 85253

5 Beds
5.5 Baths
6,395 Sq Ft
4.04 Acres

Recently Sold

$1,106 Per Sq Ft

3% Below List Price

3 Days on Market

Highlights

  • Heated Lap Pool
  • Gated Parking
  • 4.04 Acre Lot
  • Kiva Elementary School Rated A
  • Gated Community
  • Mountain View

About This Home

As of February 2025

Nestled on 4 private hillside acres, this luxury Paradise Valley estate offers breathtaking panoramic views of Camelback Mountain, Papago Mountain & South Mountain. From the moment you arrive, the property invites you to experience its rare privacy, shielded from the street and stretching to the top of the hill. Rebuilt in 2007 with superior masonry construction by the highly acclaimed Construction Zone, the home combines strength and sophistication.
The open design features an elevator, endless balconies and parking for up to 12 vehicles. Entertain effortlessly with a Chef kitchen, 75-foot heated lap pool, spa, outdoor firepit & putting green all framed by stunning Arizona sunsets. This is Paradise Valley living at its finest.

Last Agent to Sell the Property

Susan Polacek

HomeSmart License #SA628274000 Listed on: 01/12/2025

HomeSmart

Last Buyer's Agent

Marcia Anderson

Compass License #BR564575000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,435

Year Built

  • Built in 2007

Lot Details

  • 4.04 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Sprinklers on Timer

Parking

  • 3 Car Direct Access Garage
  • 10 Open Parking Spaces
  • 2 Carport Spaces
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Gated Parking

Home Design

  • Designed by Construction Zone Architects
  • Contemporary Architecture
  • Roof Updated in 2021
  • Wood Frame Construction
  • Foam Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 6,395 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 2 Fireplaces
  • Two Way Fireplace
  • Double Pane Windows
  • Mechanical Sun Shade
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 5.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub

Accessible Home Design

  • Doors are 32 inches wide or more
  • Multiple Entries or Exits

Pool

  • Pool Updated in 2024
  • Heated Lap Pool
  • Heated Spa
  • Pool Pump

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Fire Pit
  • Outdoor Storage

Schools

  • Kiva Elementary School
  • Saguaro High School

Utilities

  • Cooling Available
  • Heating Available
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 169-51-013-E

Community Details

Overview

  • No Home Owners Association
  • Association fees include (see remarks)
  • Built by Construction Zone
  • Lincoln Heights Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,435

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Lincoln Dr. & 40th St.
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Construction Zone
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Cooling HVAC SEER Rating: 18
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2020
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2024
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2021
  • Parking Spaces Slab Parking Spaces: 10.0
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2007
  • Spa Private: Yes
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 4.04
  • Subdivision Name: Lincoln Heights
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Tax Parcel Letter: E
  • General Property Description:PriceSqFt: 1106.33
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Accessibility Features: Accessible Door 32in+ Wide, Mltpl Entries/Exits
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, Two Way Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, 9+ Flat Ceilings, Elevator, Kitchen Island, Full Bth Master Bdrm, Tub with Jets
  • Living Area: 6395.0
  • Stories: 2
  • Window Features: Dual Pane, Mechanical Sun Shds
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Private Street(s), Storage
  • Lot Features: Desert Front, Natural Desert Back, Synthetic Grass Back, Auto Timer H2O Front
  • Pool Features: Variable Speed Pump, Heated, Lap, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Steel Frame, Wood Frame, Painted, Stone, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Construction:Frame - Metal: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Gated, Garage Door Opener, Direct Access, Separate Strge Area, Electric Vehicle Charging Station(s)
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 10.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Electric Vehicle Charging Station(s): Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 176001.0
  • Parcel #: 169-51-013-E

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Construction Zone

Tax Info

  • Tax Annual Amount: 9435.0
  • Tax Book Number: 169.00
  • Tax Lot: 28
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2025
Closed on
Feb 21, 2025
Sold by
Fountain Family Trust and Fountain Michael S
Bought by
Little House Big Vision Trust and Haus
Seller's Agent
Susan Polacek
HomeSmart
Buyer's Agent
Marcia Anderson
Compass
List Price
$7,299,000
Sold Price
$7,075,000
Premium/Discount to List
-$224,000
-3.07%
Views
39
Current Estimated Value
$6,760,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$314,579
Avg. Annual Appreciation
-5.04%
Original Mortgage
$4,952,500
Interest Rate
5.88%
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 Type Sale Price Title Company
Warranty Deed $7,075,000 Wfg National Title Insurance C
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,952,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2025 02/25/25 Sold $7,075,000 -3.1% $1,106 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
01/12/2025 01/12/25 For Sale $7,299,000 -- $1,141 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $9,897 $170,695 -- --
2024 $9,296 $162,566 -- --
2023 $9,296 $281,500 $56,300 $225,200
2022 $12,570 $210,800 $42,210 $168,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6794072

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-51-013E