NOT LISTED FOR SALE

7042 W Tether Trail Peoria, AZ 85383

Estimated Value: $662,000 - $712,000

5 Beds
3 Baths
3,233 Sq Ft
$212/Sq Ft Est. Value

Last Sold January 09, 2015

Last sale price $338,000 $105 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,932/month

98 Days on Market

Highlights

  • Heated Spa
  • Mountain View
  • Covered Patio or Porch
  • Terramar Elementary School Rated A-
  • Vaulted Ceiling
  • Balcony

About This Home

As of January 2015

Your Buyers will love this tri-level gem.Behind is a gated community with no home directly in back, nice curb appeal, open floor plan with mountain view lot,fantastic large kitchen with 42'' cabinets,bottom pull out shelving,microwave with convection oven,fresh paint in and out with tasteful colors,interior sound proofing throughout(interior wall insulation),hard wired security system,surround system inside and on back patio, 5 bedrooms or 4 bedrooms and an office, lower level family room is very spacious,good size master bedroom upstairs, 2 bedrooms downstairs,back yard is like an oasis with a heated salt water play pool,built in bench seats, huge waterfall,variable speed pool pump,built in spa, gas fire pit, grassy play area,covered patio and deck on second level.This home shows great.

Last Agent to Sell the Property

Duane Hake

West USA Realty License #SA022715000 Listed on: 09/05/2014

West USA Realty

Last Buyer's Agent

Mary Platt

Silver Alliance Realty License #BR530519000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,883

Year Built

  • Built in 2003

Lot Details

  • 8,050 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • 3 Carport Spaces
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,233 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • Mountain Views
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Pool

  • Heated Spa
  • Play Pool
  • Pool Pump

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Terramar Elementary
  • Mountain Ridge High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Terremar HOA, Phone Number (602) 906-4940
  • Built by Engle Homes
  • Terramar Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 201-34-438

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,883

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 67 Ave. & Happy Valley
  • Legal Info Range: 1E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 22.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2003
  • Spa Private: Yes
  • Tax Year: 2013
  • Directions: North on 67 Ave. to Jomax, west to Terramar Blvd., South to Tether Trail, West to property.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.18
  • Subdivision Name: Terramar
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 22.0
  • 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: Carpet, Tile
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Walk-In Closet(s), 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
  • Living Area: 3233.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Variable Speed Pump, Heated, Private
  • View: Mountain(s)
  • 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:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Carport Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Name: Terremar HOA
  • Phone: 602-906-4940
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Terremar HOA
  • Association Fees:HOA Telephone4: 602-906-4940
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Terramar Elementary
  • High School: Mountain Ridge High School
  • Middle Or Junior School: Terramar Elementary

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8050.0
  • Parcel #: 201-34-438
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Engle Homes

Tax Info

  • Tax Annual Amount: 1883.0
  • Tax Book Number: 201.00
  • Tax Lot: 38
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2021
Sold by
Mcdermaid James and Good-Mcdermaid Jeremy Christopher
Bought by
Mcdermaid James and Good-Mcdermaid Jeremy Christopher
Current Estimated Value
$684,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Outstanding Balance
$272,908
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$416,693

Purchase Details

Listed on
Sep 5, 2014
Closed on
Dec 15, 2014
Sold by
Chorpenning Patrick F and Chorpenning Keri Jo
Bought by
Mcdermaid James and Good Jeremy Christopher
Seller's Agent
Duane Hake
West USA Realty
Buyer's Agent
Mary Platt
Silver Alliance Realty
List Price
$364,900
Sold Price
$338,000
Premium/Discount to List
-$26,900
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$270,400
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2003
Sold by
Engle Homes/Arizona Inc
Bought by
Chorpenning Patrick F and Chorpenning Keri Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,800
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2003
Sold by
Scc Phoenix 4 Llc
Bought by
Engle Homes/Arizona Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,800
Interest Rate
5.79%
Mortgage Type
New Conventional
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
Mcdermaid James -- Dhi Title
Mcdermaid James $338,000 First American Title
Chorpenning Patrick F $290,893 First American Title Ins Co
Engle Homes/Arizona Inc $346,350 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermaid James $296,000
Previous Owner Mcdernaid James $272,400
Previous Owner Good Jeremy Christopher $35,000
Previous Owner Mcdermaid James $270,400
Previous Owner Chorpenning Patrick F $223,700
Previous Owner Chorpenning Patrick F $68,000
Previous Owner Chorpenning Patrick F $65,000
Previous Owner Chorpening Patrick F $50,000
Previous Owner Chorpenning Patrick F $261,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2015 01/09/15 Sold $338,000 -4.8% $105 / Sq Ft
12/11/2014 12/11/14 Pending -- -- --
11/21/2014 11/21/14 Price Changed $355,000 -0.3% $110 / Sq Ft
10/30/2014 10/30/14 Price Changed $356,000 -0.3% $110 / Sq Ft
10/24/2014 10/24/14 Price Changed $357,000 -0.3% $110 / Sq Ft
10/16/2014 10/16/14 Price Changed $358,000 -0.5% $111 / Sq Ft
10/09/2014 10/09/14 Price Changed $359,900 -1.4% $111 / Sq Ft
09/04/2014 09/04/14 For Sale $364,900 -- $113 / 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 $2,798 $34,204 -- --
2024 $2,749 $32,575 -- --
2023 $2,749 $49,260 $9,850 $39,410
2022 $2,645 $35,560 $7,110 $28,450
2021 $2,775 $33,210 $6,640 $26,570
2020 $2,730 $30,800 $6,160 $24,640
2019 $2,652 $29,500 $5,900 $23,600
2018 $2,537 $28,600 $5,720 $22,880
2017 $2,451 $26,960 $5,390 $21,570
2016 $2,308 $26,480 $5,290 $21,190
2015 $2,127 $26,760 $5,350 $21,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5167039

Arizona Regional Multiple Listing Service (ARMLS)

APN: 201-34-438