NOT LISTED FOR SALE

12042 W Leather Ln Peoria, AZ 85383

Estimated Value: $488,079 - $511,000

4 Beds
3 Baths
2,542 Sq Ft
$196/Sq Ft Est. Value

Last Sold May 23, 2018

Last sale price $275,000 $108 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,795/month

52 Days on Market

Highlights

  • Solar Power System
  • Vaulted Ceiling
  • Granite Countertops
  • Lake Pleasant Elementary School Rated A-
  • Santa Barbara Architecture
  • Covered patio or porch

About This Home

As of May 2018

**PREPAID SOLAR LEASE! NO MONTLY SOLAR LEASE PAYMENT!!**
Charming 4 bed, 3 bath property located in North Peoria is now for sale! This fabulous home has low maintenance landscaping, a formal living-dining room, large family room, and a loft suitable for an entertainment area or the perfect playroom. The gourmet kitchen is equipped with brand new appliances including a gas stove, ample cabinetry with crown molding, island with breakfast bar, and pantry. The master suite has dual sinks, separate soaking tub & shower, and oversize walk-in closet. The backyard offers a beautiful covered paver patio, upgraded gravel landscaping with just the right amount of grass. Schedule your showing today!

Last Agent to Sell the Property

Elizabeth Miller

Graystone Realty License #SA585918000 Listed on: 02/21/2018

Last Buyer's Agent

Donna Martin

Coldwell Banker Realty License #SA515898000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,279

Year Built

  • Built in 2009

Lot Details

  • 4,339 Sq Ft Lot
  • Block Wall Fence
  • Front Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,542 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Covered patio or porch
  • Playground

Schools

  • Lake Pleasant Elementary
  • Liberty High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 147
  • Assessor Parcel Number 503-66-466

Community Details

Overview

  • Association fees include ground maintenance
  • City Property Association, Phone Number (602) 437-4777
  • Built by William Lyon Homes
  • Coldwater Ranch Unit 1 & 2 Subdivision
  • FHA/VA Approved Complex

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,279

Year Built

Built in 2009

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Cross Street: N Vistancia Blvd & W Happy Valley Rd
  • Legal Info Range: 1W
  • 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: 50.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2009
  • Tax Year: 2017
  • Directions: Head west on N Vistancia Blvd, Turn left onto W Happy Valley Rd, Turn right onto N 121st Ln, Turn right onto W Leather Ln. Property will be on the left.
  • Master Model: 3538
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.1
  • Subdivision Name: COLDWATER RANCH UNIT 1 & 2
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 50.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2542.0
  • Stories: 2
  • Window Features: Sunscreen(s)
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Gas: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Playground
  • Lot Features: Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Amenities: FHA Approved Prjct, Management, VA Approved Prjct
  • Association Fee: 50.0
  • Association Fee Frequency: Monthly
  • Association Name: Coldwater Ranch
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Coldwater Ranch
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property
  • Association Fees:HOA Management Phone: 602-437-4777
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Lake Pleasant Elementary
  • High School: Liberty High School
  • Junior High Dist: Peoria Unified School District
  • Middle Or Junior School: Lake Pleasant Elementary

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4339.0
  • Parcel #: 503-66-466
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: William Lyon Homes

Tax Info

  • Tax Annual Amount: 2279.0
  • Tax Book Number: 503.00
  • Tax Lot: 147
  • Tax Map Number: 66.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
May 18, 2018
Sold by
Contreras Pedro A and Contreras Leslie B
Bought by
Clay Otis and Clay Erin S
Seller's Agent
Elizabeth Miller
Graystone Realty
Buyer's Agent
Donna Martin
Coldwell Banker Realty
List Price
$273,000
Sold Price
$275,000
Premium/Discount to List
$2,000
0.73%
Current Estimated Value
$465,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,133
Avg. Annual Appreciation
7.55%
Original Mortgage
$280,912
Outstanding Balance
$244,954
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$220,179

Purchase Details

Listed on
Jan 13, 2014
Closed on
Mar 18, 2014
Sold by
Hall Stewart Alan and Shobe Kasey Y
Bought by
Contreras Pedro A and Contreras Leslie B
Seller's Agent
Lori Gonzales
West USA Realty
Buyer's Agent
Dustin R. Reed
EPIC Home Realty
List Price
$209,000
Sold Price
$199,900
Premium/Discount to List
-$9,100
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$204,197
Interest Rate
4.18%
Mortgage Type
VA

Purchase Details

Closed on
May 25, 2010
Sold by
William Lyon Southwest Inc
Bought by
Hall Stewart Alan and Shobe Kasey Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,514
Interest Rate
5.03%
Mortgage Type
FHA
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
Clay Otis $275,000 Equity Title Agency Inc
Contreras Pedro A $199,900 Title Management Agency Of A
Hall Stewart Alan $163,690 Security Title Agency
William Lyon Southwest Inc -- Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clay Otis $280,912
Previous Owner Contreras Pedro A $204,197
Previous Owner Hall Stewart Alan $161,514
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2018 05/23/18 Sold $275,000 0.0% $108 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
03/09/2018 03/09/18 Price Changed $275,000 +0.7% $108 / Sq Ft
02/21/2018 02/21/18 For Sale $273,000 +36.6% $107 / Sq Ft
03/20/2014 03/20/14 Sold $199,900 0.0% $79 / Sq Ft
01/22/2014 01/22/14 Price Changed $199,900 -4.4% $79 / Sq Ft
01/13/2014 01/13/14 For Sale $209,000 -- $82 / 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 $2,381 $24,891 -- --
2024 $2,339 $23,705 -- --
2023 $2,339 $34,420 $6,880 $27,540
2022 $2,250 $26,150 $5,230 $20,920
2021 $2,351 $24,610 $4,920 $19,690
2020 $2,352 $23,280 $4,650 $18,630
2019 $2,284 $22,070 $4,410 $17,660
2018 $2,202 $21,160 $4,230 $16,930
2017 $2,279 $19,880 $3,970 $15,910
2016 $2,077 $20,080 $4,010 $16,070
2015 $2,125 $17,180 $3,430 $13,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5727173

Arizona Regional Multiple Listing Service (ARMLS)

APN: 503-66-466