$3,315,000 - $4,206,000
RENTED NOV 18, 2024

4455 E Moonlight Way Paradise Valley, AZ 85253

4 Beds
5 Baths
4,168 Sq Ft
$874 Price per Sq Ft

Last Sold October 30, 2020

Last sale price $2,300,000 $552 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $20,193/month

Highlights

  • Private Pool
  • Gated Community
  • 1 Fireplace
  • Kiva Elementary School Rated A
  • Wood Flooring
  • Furnished

About This Home

As of November 2024

Nestled in the prestigious guard-gated Clearwater Hills community, this mid-century gem redefines Paradise Valley living. Offering enchanting vistas of Camelback Mountain and the sprawling city lights, this 1960s classic underwent a masterful renovation by Greg Hunt in 2007, elevating it to the epitome of luxury. As you step inside, be greeted by the warmth of rich walnut hardwood floors, Hope wrought iron windows, and doors that seamlessly blend classic charm with modern elegance. The Russian marble countertops and top-of-the-line cabinetry in the gourmet kitchen make cooking a true pleasure. With double islands, Subzero Wolf appliances, and a mountainside grilling patio, it's a chef's dream come true. The main level boasts a formal living area with a spacious gas fireplace and an elegant formal dining space, both offering breathtaking views. The main floor master retreat, with sliding doors to a private deck, is a tranquil escape. You'll be spoiled for choice with not one but two master baths, each adorned with luxurious marble showers and custom walk-in closets. A second "mini master" suite on this level features warm wood built-ins, a private deck, and a lavish bath with a jetted tub. Descend to the lower level, where a fantastic family room awaits, complete with a stunning original stone fireplace wall. Custom modern built-ins and a gorgeous wet bar with custom tile work add contemporary flair. Two spacious guest rooms and a full bath on this level all enjoy mountain views. Step outside to experience the Arizona lifestyle at its finest. The newly renovated backyard features a pool and spa, surrounded by lush palms, under the warm Arizona skies. Moonlight Drive beckons you to make this your forever home or your winter retreat. This is more than a house; it's an opportunity to embrace the true essence of Paradise Valley hillside living.

Last Agent to Rent the Property

Adam Abboud

Realty ONE Group License #SA680887000 Listed on: 02/04/2024

Realty ONE Group

Last Renter's Agent

Adam Abboud

Russ Lyon Sotheby's International Realty License #SA680887000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,574

Year Built

  • Built in 1967

Lot Details

  • 0.97 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Shake Roof
  • Stucco

Interior Spaces

  • 4,168 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Skylights
  • 1 Fireplace

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms
  • Double Vanity

Laundry

  • Dryer
  • Washer
  • 220 Volts In Laundry

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Patio
  • Built-In Barbecue

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Property Available on 1/23/24
  • 12-Month Minimum Lease Term
  • Tax Lot 96
  • Assessor Parcel Number 169-16-096-0

Community Details

Overview

  • Property has a Home Owners Association
  • Clearwater Hills Association, Phone Number (480) 991-2522
  • Built by Dave Hansen / Greg Hunt
  • Clearwater Hills Subdivision, Custom Floorplan

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,574

Year Built

Built in 1967

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2024-01-23

Listing Details

  • Cross Street: Tatum & Clearwater Hills
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1967
  • Rental Info H O A Name: Clearwater Hills
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.65
  • Lease Term Minimum Lease Term Months: 12
  • Master Model: Custom (See Docs)
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.97
  • Subdivision Name: CLEARWATER HILLS
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Wood
  • Basement YN: No
  • Furnished: Furnished
  • Spa Features: Private
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Kitchen Island, Pantry
  • Living Area: 4168.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Desert Back, Desert Front
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted, Slump Block
  • Patio And Porch Features: Patio
  • Roof: Shake
  • Exterior Features:Patio: Yes
  • Exterior Features:BBQ: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: 220 V Dryer Hookup, Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Association Name: Clearwater Hills
  • Phone: 480-991-2522
  • Association: Yes
  • Pets Allowed: Lessor Approval

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

  • Lot Size Sq Ft: 42357.0
  • Parcel #: 169-16-096-0

Building Info

  • Builder Name: Dave Hansen / Greg Hunt

Tax Info

  • Tax Book Number: 169.00
  • Tax Lot: 96
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
Lateef Zahed
Bought by
Pv Peeps 2020 Llc
Current Estimated Value
$3,644,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Outstanding Balance
$1,869,240
Interest Rate
7.63%
Mortgage Type
Construction
Estimated Equity
$1,774,760

Purchase Details

Closed on
Nov 20, 2023
Sold by
Lateef Zahed
Bought by
Pv Peeps 2020 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Outstanding Balance
$1,869,240
Interest Rate
7.63%
Mortgage Type
Construction
Estimated Equity
$1,774,760

Purchase Details

Listed on
Sep 3, 2020
Closed on
Dec 24, 2020
Sold by
Lateef Lubna Manal
Bought by
Pv Peepes 2020 Llc
Seller's Agent
Sally Cashman
The Noble Agency
Buyer's Agent
Adam Abboud
Realty ONE Group
List Price
$2,100,000
Sold Price
$2,300,000
Premium/Discount to List
$200,000
9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 21, 2020
Sold by
Lateef Zahed
Bought by
Lateef Lubna Manal
Seller's Agent
Sally Cashman
The Noble Agency
Buyer's Agent
Adam Abboud
Realty ONE Group
List Price
$2,100,000
Sold Price
$2,300,000
Premium/Discount to List
$200,000
9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2018
Sold by
Chhabria Siddharth C and Chhabria Rachael E
Bought by
Chhabria Siddharth C and Chhabria Rachael E

Purchase Details

Listed on
Oct 17, 2016
Closed on
Sep 25, 2017
Sold by
Bisbee Leland S
Bought by
Chhabria Siddharth and Chhabria Rachael
Seller's Agent
Walter Danley
Walt Danley Realty, LLC
Buyer's Agent
Kathleen Prokopow
The Noble Agency
List Price
$2,395,000
Sold Price
$1,850,000
Premium/Discount to List
-$545,000
-22.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$1,480,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2011
Sold by
Bisbee Leland S
Bought by
Bisbee Valerie B and Bisbee Leland S

Purchase Details

Closed on
Oct 29, 2008
Sold by
Davis Don J
Bought by
M & I Marshall & Ilsley Bank

Purchase Details

Closed on
Apr 23, 2007
Sold by
Bisbee Leland S
Bought by
Bisbee Leland S and Leland S Bisbee Iii Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2006
Sold by
Bisbee Valerie B
Bought by
Bisbee Valerie B and Bisbee Leland S

Purchase Details

Closed on
Apr 20, 2004
Sold by
Bisbee Leland S
Bought by
Bisbee Valerie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2004
Sold by
Mack Marie E
Bought by
Bisbee Valerie B and Bisbee Leland S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1997
Sold by
Mack G Gary
Bought by
Mack G Gary and Mack Marie E

Purchase Details

Closed on
Nov 14, 1996
Sold by
Moser Bertram M
Bought by
Mack G Gary and Mack Marie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
8.06%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Pv Peeps 2020 Llc -- Title Services Corporation
Lateef Zahed -- Title Services Corporation
Pv Peeps 2020 Llc -- Title Services Corporation
Lateef Zahed -- Title Services Corporation
Pv Peepes 2020 Llc -- Accommodation
Lateef Lubna Manal -- Premier Title Agency
Lateef Lubna Manal $2,300,000 Premier Title Agency
Chhabria Siddharth C -- None Available
Chhabria Siddharth $1,850,000 First American Title Insuran
Bisbee Valerie B -- None Available
M & I Marshall & Ilsley Bank $676,018 Security Title Agency
Bisbee Leland S -- First American Title
Bisbee Lesland S -- First American Title
Bisbee Leland S -- First American Title
Bisbee Valerie B -- None Available
Bisbee Valerie B -- Title Partners Of Phoenix Ll
Bisbee Valerie B $1,200,000 Title Partners Of Phoenix Ll
Mack G Gary -- --
Mack G Gary $570,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lateef Zahed $1,900,000
Closed Lateef Zahed $1,900,000
Previous Owner Lateef Lubna Manal $1,725,000
Previous Owner Chhabria Siddharth $1,480,000
Previous Owner Bisbee Leland S $700,000
Previous Owner Bisbee Valerie B $200,000
Previous Owner Mack G Gary $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2024 11/18/24 Rented $15,000 -6.3% --
03/29/2024 03/29/24 Price Changed $16,000 -15.8% $4 / Sq Ft
02/24/2024 02/24/24 Price Changed $19,000 -24.0% $5 / Sq Ft
02/05/2024 02/05/24 For Rent $25,000 0.0% --
10/30/2020 10/30/20 Sold $2,300,000 -2.1% $552 / Sq Ft View Prior Sale
09/14/2020 09/14/20 Pending -- -- --
09/12/2020 09/12/20 Price Changed $2,350,000 +11.9% $564 / Sq Ft
09/03/2020 09/03/20 For Sale $2,100,000 +13.5% $504 / Sq Ft
10/20/2017 10/20/17 Sold $1,850,000 -11.9% $439 / Sq Ft View Prior Sale
09/22/2017 09/22/17 Pending -- -- --
09/07/2017 09/07/17 Price Changed $2,099,000 -3.5% $498 / Sq Ft
04/26/2017 04/26/17 Price Changed $2,175,000 -5.2% $516 / Sq Ft
02/27/2017 02/27/17 Price Changed $2,295,000 -3.5% $545 / Sq Ft
01/24/2017 01/24/17 Price Changed $2,379,000 -0.7% $565 / Sq Ft
10/17/2016 10/17/16 For Sale $2,395,000 -- $568 / 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 $9,574 $137,607 -- --
2024 $8,199 $100,255 -- --
2023 $8,199 $167,510 $33,500 $134,010
2022 $8,151 $121,830 $24,360 $97,470
2021 $8,717 $113,210 $22,640 $90,570
2020 $8,557 $118,550 $23,710 $94,840
2019 $8,104 $107,960 $21,590 $86,370
2018 $8,425 $100,810 $20,160 $80,650
2017 $7,768 $101,020 $20,200 $80,820
2016 $7,405 $102,570 $20,510 $82,060
2015 $7,336 $102,570 $20,510 $82,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6654124

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-16-096