NOT LISTED FOR SALE

4502 E Moonlight Way Paradise Valley, AZ 85253

Estimated Value: $5,171,000 - $5,439,000

5 Beds
6 Baths
7,010 Sq Ft
$757/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $3,100,000 $442 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $29,222/month

78 Days on Market

Highlights

  • Guest House
  • Gated with Attendant
  • 3.09 Acre Lot
  • Kiva Elementary School Rated A
  • Heated Pool
  • Two Primary Bathrooms

About This Home

As of February 2020

The location of this home was very carefully selected to allow the finest views to both the north and south in Paradise Valley. A very large, flat lot on over three acres, this property is now being offered at the exceptional price of $3,500,000. On two separate lots this timeless Santa Fe style home is rich in history and built to the highest standards of quality. The location within Clearwater Hills is exceptional with expansive unobstructed views both to the north and the south. Natural light and gorgeous scenery abound through floor to ceiling windows. Comfortable living spaces include a great room, formal dining room, large kitchen and sunny breakfast room. Lovely master suite with his/hers baths. Upstairs two secondary bedrooms with den and huge view deck. Two offices and an attached guest casita. The grounds are gorgeous with pool, spa, and mature green landscaping. On sewer; a plus on the hillside. Home has its own pump system so water is never a problem A wonderful private, paved driveway and a very large area to park cars or service vehicles in addition to a spacious four car garage. Magnificent bones and perfect for an update.

Last Agent to Sell the Property

Walter Danley

Walt Danley Realty, LLC License #SA016756000 Listed on: 11/01/2019

Co-Listed By

Libby Cohen

RETSY License #SA572812000

Last Buyer's Agent

Jane Simmons

Howe Realty License #SA624519000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,099

Year Built

  • Built in 1981

Lot Details

  • 3.09 Acre Lot
  • Private Streets
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Santa Fe Architecture
  • Tile Roof

Interior Spaces

  • 7,010 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 3 Fireplaces
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 6 Bathrooms
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Intercom

Pool

  • Heated Pool
  • Heated Spa

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Covered Patio or Porch
  • Guest House

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 169-16-005-B

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Clearwater Hills Association, Phone Number (480) 922-9080
  • Built by Clarence Miller
  • Clearwater Hills Prvt Roads & Tr A Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,099

Year Built

Built in 1981

Lot Details

0

HOA Fees

$700 per month

Parking

4

Listing Details

  • Cross Street: Clearwater Parkway and Tatum
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 700.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1981
  • Tax Year: 2019
  • Directions: Go to guard gate and you will be directed to the property.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 3.09
  • Co List Office Mls Id: wdan01
  • Co List Office Phone: 602-295-7808
  • Subdivision Name: CLEARWATER HILLS PRVT ROADS & TR A
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • Tax Parcel Letter: B
  • Association Fees:HOA Fee2: 8400.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated
  • Appliances: Electric Cooktop
  • Other Equipment: Intercom
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Pantry, 2 Master Baths, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 7010.0
  • Stories: 2
  • Window Features: Skylight(s), Dual Pane
  • Community Features:Guarded Entry: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: Heated, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Slump Block
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Separate Guest House: Yes
  • Construction:Slump Block: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Garage Door Opener, Temp Controlled
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Guarded Entry
  • Association Fee: 8400.0
  • Association Fee Frequency: Annually
  • Association Name: Clearwater Hills
  • Phone: 480-922-9080
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Clearwater Hills
  • Association Fees:HOA Telephone4: 480-922-9080
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 3270.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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: 134490.0
  • Parcel #: 169-16-005-B

Building Info

  • Builder Name: Clarence Miller

Tax Info

  • Tax Annual Amount: 20099.0
  • Tax Book Number: 169.00
  • Tax Lot: 5
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Feb 21, 2020
Sold by
Fore Llc
Bought by
Pavio Laynie and Meyer Daniel Patrick
Seller's Agent
Walter Danley
Walt Danley Realty, LLC
Buyer's Agent
Jane Simmons
Howe Realty
List Price
$3,500,000
Sold Price
$3,100,000
Premium/Discount to List
-$400,000
-11.43%
Current Estimated Value
$5,305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,205,000
Avg. Annual Appreciation
10.05%
Original Mortgage
$2,480,000
Outstanding Balance
$2,180,971
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$3,124,029

Purchase Details

Closed on
Sep 8, 1999
Sold by
Grubb Lou and Grubb Evelyn F
Bought by
Grubb Louis S and The Grubb Family Trust

Purchase Details

Closed on
Jun 4, 1999
Sold by
Boeck Christel K
Bought by
Wood Leonard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.25%

Purchase Details

Closed on
Feb 3, 1998
Sold by
Wood Leonard B
Bought by
Wood Leonard B and Boeck Christel K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,750
Interest Rate
7.5%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 16, 1997
Sold by
First American Title Insurance Company
Bought by
Wood Leonard B
Source: Public Records

Range of Values:

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Average Value
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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
Pavio Laynie $3,100,000 Grand Canyon Title Agency
Grubb Louis S -- --
Wood Leonard B -- Grand Canyon Title Agency In
Wood Leonard B -- Grand Canyon Title Agency In
Wood Leonard B -- Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pavio Laynie $2,480,000
Previous Owner Wood Leonard B $188,000
Previous Owner Wood Leonard B $186,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2020 02/27/20 Sold $3,100,000 -11.4% $442 / Sq Ft
11/01/2019 11/01/19 For Sale $3,500,000 -- $499 / 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 $3,421 $49,164 $49,164 --
2024 $17,716 $46,823 $46,823 --
2023 $17,716 $321,010 $41,460 $279,550
2022 $18,909 $276,260 $29,850 $246,410
2021 $20,131 $244,620 $26,430 $218,190
2020 $20,032 $242,700 $26,220 $216,480
2019 $20,099 $243,990 $26,360 $217,630
2018 $21,743 $235,740 $25,470 $210,270
2017 $19,530 $274,400 $29,650 $244,750
2016 $18,767 $224,200 $24,220 $199,980
2015 $18,490 $224,200 $24,220 $199,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5999347

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-16-005B