NOT LISTED FOR SALE

7038 W Mcmahon Way Peoria, AZ 85345

Estimated Value: $307,000 - $317,000

2 Beds
2 Baths
1,025 Sq Ft
$305/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $300,000 $293 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,848/month

13 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Eat-In Kitchen
  • Centennial High School Rated A
  • Community Pool
  • 1-minute walk to Sundance Park

About This Home

As of December 2022

Great Vacation or Rental Home 2 bed 2 bath split floorplan in Gated Community. Open Floorplan with eat in kitchen overlooking the family room and brand new dishwasher. No carpet. No neighbors behind you. Close to restaurants and shopping. Rents in the area approx. $1800 so great opportunity for investment.

Last Agent to Sell the Property

Ilene McKenna

eXp Realty License #SA632536000 Listed on: 11/19/2022

Last Buyer's Agent

Adam Gitter

The Brokery License #SA698127000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $709

Year Built

  • Built in 2006

Lot Details

  • 3,003 Sq Ft Lot
  • Block Wall Fence
  • Front Yard Sprinklers

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,025 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Patio
  • Playground

Schools

  • Sundance Elementary School - Peoria
  • Centennial High School

Utilities

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

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number 143-05-814

Community Details

Overview

  • Association fees include insurance, ground maintenance
  • Prm Assoc Mngmt Association, Phone Number (623) 974-8585
  • Built by CENTEX HOMES
  • Townsend Square Subdivision

Recreation

  • Community Playground
  • Community Pool

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$709

Year Built

Built in 2006

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • Cross Street: Peoria & 71st Ave
  • Legal Info Range: 1E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 110.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2022
  • Directions: North on 71st Ave. to Becker, East on Becker to community entrance, take your first right to McMahon, East on McMahon to home.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.07
  • Subdivision Name: TOWNSEND SQUARE
  • Architectural Style: Contemporary
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 110.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1025.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Patio
  • Lot Features: Sprinklers In Front
  • 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:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Pool, Playground
  • Amenities: Management
  • Association Fee: 110.0
  • Association Fee Frequency: Monthly
  • Association Name: Townsend Square
  • Phone: 623-974-8585
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Townsend Square
  • Association Fees:HOA Telephone4: 623-974-8585
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 220.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 220.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 100.0
  • Association Fees:Other Fees Description: Inspection of Exterior
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: PRM Assoc Mngmt
  • Association Fee Incl:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds

Schools

  • Elementary School: Sundance Elementary School - Peoria
  • High School: Centennial High School
  • Junior High Dist: Peoria Unified School District
  • Middle Or Junior School: Sundance Elementary School - Peoria

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3003.0
  • Parcel #: 143-05-814
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: CENTEX HOMES

Tax Info

  • Tax Annual Amount: 709.0
  • Tax Book Number: 143.00
  • Tax Lot: 100
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2022
Closed on
Dec 29, 2022
Sold by
Drane Rita
Bought by
Chavez Daniel Uribe and Chavez Patricia Aguirre
Seller's Agent
Ilene McKenna
eXp Realty
Buyer's Agent
Adam Gitter
The Brokery
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Views
15
Current Estimated Value
$312,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,263
Avg. Annual Appreciation
1.47%
Original Mortgage
$294,566
Outstanding Balance
$285,472
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$26,791

Purchase Details

Closed on
Jul 12, 2013
Sold by
Drane Stacey
Bought by
Drane Rita

Purchase Details

Closed on
May 21, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Drane Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,003
Interest Rate
5.03%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 2010
Sold by
Celaya Claudia Vanessa
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 30, 2006
Sold by
Centex Homes
Bought by
Celaya Claudia Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,327
Interest Rate
8.1%
Mortgage Type
Balloon
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
Chavez Daniel Uribe $300,000 Gold Title
Drane Rita $80,000 Lawyers Title Of Arizona Inc
Drane Stacey -- None Available
Federal Home Loan Mortgage Corporation $79,694 Accommodation
Celaya Claudia Vanessa $171,659 Commerce Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Daniel Uribe $294,566
Previous Owner Drane Stacey $74,003
Previous Owner Celaya Claudia Vanessa $137,327
Closed Chavez Daniel Uribe $14,728
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $300,000 0.0% $293 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
11/30/2022 11/30/22 Price Changed $300,000 -7.7% $293 / Sq Ft
11/19/2022 11/19/22 For Sale $325,000 -- $317 / 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 $1,000 $9,444 -- --
2024 $724 $8,995 -- --
2023 $724 $22,550 $4,510 $18,040
2022 $709 $17,050 $3,410 $13,640
2021 $759 $15,580 $3,110 $12,470
2020 $766 $14,600 $2,920 $11,680
2019 $741 $13,420 $2,680 $10,740
2018 $717 $11,810 $2,360 $9,450
2017 $717 $9,060 $1,810 $7,250
2016 $705 $10,210 $2,040 $8,170
2015 $662 $9,960 $1,990 $7,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6491346

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-05-814