See Home Value
$4,233,875*
Land - Off Market

4208 E LAMAR Road

Paradise Valley, AZ 85253
bedrooms
Studio
bathrooms
0 Bath
$3,825,000 - $4,675,000
Reference Base Price*
-0.38%
Since Sep 1, 2023
AZ-Phoenix
Primary Model
Sold Dec 20, 2018
$2,150,000
$2,875,000 by Western State Bank
Mortgage
Sold Oct 24, 2016
$1,165,000

About This Property

Incredible opportunity to acquire and finish construction on one of the best deals in Paradise Valley! This property is being sold in as-is condition with ACTIVE PERMITS AND PLANS. Experience Stately Living in this single level mountain top estate with panoramic Downtown Phoenix Views and Iconic Camelback Mountain views. Don't miss this once in a lifetime opportunity to own in this prestigious Mountaintop Gated Community of 5 homes!
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2018

Price History

Date / Event Date Event Price
Aug 31, 2023 No longer available -
No longer available
Jun 4, 2023 Relisted $4,250,000
Relisted
Jun 2, 2023 No longer available -
No longer available
May 9, 2023 Listed $4,250,000
Listed
Sep 7, 2022 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 21
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,517
  • Total Building Area: 5,505
  • Gross Building Area: 5,505
  • Building Area: 5,505
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,505
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARADISE HIGHLANDS 2
  • Land Acres: 0.999
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARADISE HIGHLANDS 2 MCR 1381-19

Ownership

  • Current Owner : DELAPP JEFFREY J
  • Previous Owner : DIMAGGIO FRANK
  • Owner Before Previous Owner: SOVA ARLENE A
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Nov 30, 2023

Neighborhood

  • School District Name: Scottsdale Unified District
  • Census Tract: 105103

Zoning

  • Zoning: R43

Geography

  • Assessors Map Reference: MB 138119
  • Parcel: 169-53-038
  • Lot: 9
  • Meridian: SEC 7 TWN 2N RNG 4E
  • Municipality: PARADISE VALLEY
  • Latitude: 33.5365
  • Longitude: -111.99

    Address

  • Full Address: 4208 E Lamar Rd
  • Address - House Number: 4208
  • Street Direction: E
  • Address - Street Name: Lamar
  • Address - Suffix Type: Rd
  • State: AZ
  • City Name: Paradise Valley
  • Carrier Code: C013
  • 4-Digit Zip Code: 3249
  • Zip Code: 85253

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,417
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 481100

    Appraisal Valuation

  • Standard Deviation: 0.1105
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 88
  • Final Value: 2,311,163
  • High Value: 2,566,679
  • Low Value: 2,055,648

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,875,000
  • First Open Lien Mortgage Lender: WESTERN STATE BANK
  • First Open Lien Mortgage Recording Date: Dec 20, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $2,875,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $1,624,900
  • Market Land Value: $297,400
  • Market Improvement Value: $1,327,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,490
  • Assessed Land Value: $29,740
  • Assessed Improvements Value: $132,750

    Sales

  • Current Sale Contract Date: Dec 14, 2018
  • Current Sale Recording Date: Dec 20, 2018
  • Current Sale Transaction ID: 11544013036
  • Current Sale Price: $2,150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180932351
  • Previous Sale Recording Date: Oct 24, 2016
  • Previous Sale Contract Date: Oct 05, 2016
  • Previous Sale Amount: $1,165,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WESTERN STATE BANK
  • First Mortgage Transaction Date: Dec 20, 2018
  • First Mortgage Loan Amount: $2,875,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Variable



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4.5 Baths
4,415 ft²
$827/ft²
$3,650,000 Apr 30, 2023
-
$701/mo
House
4 Beds
3.5 Baths
4,605 ft²
$776/ft²
$3,575,000 Mar 18, 2023
-
$2,245/mo
House
4 Beds
5 Baths
7,800 ft²
$641/ft²
$4,999,999 Jan 29, 2023
-
-
House
6 Beds
6.5 Baths
7,746 ft²
$645/ft²
$5,000,000 Apr 20, 2023
-
$835/mo

About Paradise Valley


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Frequently Asked Questions

When was property at 4208 East Lamar Road built and last sold?
The property at 4208 East Lamar Road was built in 2018 and last sold on Dec 14, 2018 for $2,150,000.
How much is this home worth?
The estimated value of the home located at 4208 East Lamar Road is $4,292,500.
What are some comparable homes to 4208 East Lamar Road?
There are currently no comparable homes to 4208 East Lamar Road.

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