NOT LISTED FOR SALE

7219 W El Cortez Place Peoria, AZ 85383

Estimated Value: $571,000 - $656,000

4 Beds
2 Baths
2,294 Sq Ft
$264/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $393,000 $171 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,438/month

28 Days on Market

Highlights

  • Play Pool
  • RV Gated
  • Private Yard
  • Terramar Elementary School Rated A-
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of July 2019

Beautiful home in highly sought after Terramar Community. Boasts open and bright floor plan with plenty of natural light and high ceilings throughout. Surround
sound system in living areas and continues into the backyard. Enter into a beautiful resort style backyard, professionally designed and landscaped. Salt water play pool with water and sport play features. Beautiful Travertine tiles surrounding the pool and expanding to the Ramada and its 6 Seater Bartop. Ramada includes Lighting, BBQ Grill with built in gas line feature and refrigerator, both covered by warranty. Plenty of parking area to include epoxy floor garage with built in cabinets.

Last Agent to Sell the Property

Sharon Vanhorn

HomeSmart License #SA623960000 Listed on: 05/22/2019

HomeSmart

Last Buyer's Agent

Nicole Rimsza

HomeSmart License #SA661270000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,061

Year Built

  • Built in 2000

Lot Details

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

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,294 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Security System Owned

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Play Pool
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Terramar Elementary School
  • Hillcrest Middle School
  • Mountain Ridge High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Purifier
  • Water Softener

Community Details

  • Association fees include ground maintenance
  • First Service Association, Phone Number (480) 551-4300
  • Built by Shea Homes
  • Terramar Parcel 8 Subdivision

Listing and Financial Details

  • Tax Lot 141
  • Assessor Parcel Number 201-09-653

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,061

Year Built

Built in 2000

Lot Details

0

HOA Fees

$36 per month

Parking

2

Listing Details

  • Cross Street: 74th Ave / Happy Valley Rd
  • Legal Info Range: 1E
  • 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: 36.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2000
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: TERRAMAR PARCEL 8
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 108.0
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop, Water Purifier
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Soft Water Loop, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2294.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Misting System, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Misting System: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate, Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 108.0
  • Association Fee Frequency: Quarterly
  • Association Name: First Service
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: First Service
  • Association Fees:HOA Telephone4: 480-551-4300
  • 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_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Terramar Elementary
  • High School: Mountain Ridge High School
  • Junior High Dist: Deer Valley Unified District
  • Middle Or Junior School: Hillcrest Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8050.0
  • Parcel #: 201-09-653

Building Info

  • Builder Name: Shea Homes

Tax Info

  • Tax Annual Amount: 2061.0
  • Tax Book Number: 201.00
  • Tax Lot: 141
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Jul 5, 2019
Sold by
Dobrasevic Tomo and Dobrasevic Elizabeth Marie
Bought by
Jenkins Kevin and Jenkins Lauren
Seller's Agent
Sharon Vanhorn
HomeSmart
Buyer's Agent
Nicole Rimsza
HomeSmart
List Price
$398,000
Sold Price
$393,000
Premium/Discount to List
-$5,000
-1.26%
Current Estimated Value
$606,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,336
Avg. Annual Appreciation
7.22%
Original Mortgage
$314,400
Outstanding Balance
$275,442
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$330,894

Purchase Details

Closed on
Apr 16, 2019
Sold by
Dobrasevic Tomo and Dobrasevic Elizabeth Marie
Bought by
The Dobrasevic Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2015
Sold by
Dobrasevic Tomo and Dobrasevic Elizabeth
Bought by
Dobrasevic Family Trust

Purchase Details

Listed on
Mar 13, 2014
Closed on
Nov 6, 2014
Sold by
Thompson Milton J and Thompson Michelle L
Bought by
Dobrasevic Tomo and Dobrasevic Elizabeth
Seller's Agent
Andrea Madison
Keller Williams, Professional Partners
Buyer's Agent
Rebecca Fields
West USA Realty
List Price
$299,900
Sold Price
$274,000
Premium/Discount to List
-$25,900
-8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$269,037
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 2000
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Thompson Milton J and Thompson Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,200
Interest Rate
7.86%
Mortgage Type
New Conventional
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
Jenkins Kevin $393,000 American Title Svc Agcy Llc
The Dobrasevic Family Trust -- Accommodation
Dobrasevic Tomo -- American Title Svc Agcy Llc
Dobrasevic Family Trust -- None Available
Dobrasevic Tomo $274,000 First Arizona Title Agency
Thompson Milton J $199,294 First American Title
Shea Homes Arizona Ltd Partnership -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Kevin $314,400
Previous Owner Dobrasevic Tomo $311,000
Previous Owner Dobrasevic Tomo $269,037
Previous Owner Thompson Milton J $161,200
Closed Thompson Milton J $20,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2019 07/23/19 Sold $393,000 -1.3% $171 / Sq Ft
05/22/2019 05/22/19 For Sale $398,000 +45.3% $173 / Sq Ft
11/20/2014 11/20/14 Sold $274,000 0.0% $133 / Sq Ft View Prior Sale
08/26/2014 08/26/14 Pending -- -- --
06/30/2014 06/30/14 Price Changed $274,000 +11.8% $133 / Sq Ft
04/28/2014 04/28/14 Price Changed $245,000 -10.9% $119 / Sq Ft
04/07/2014 04/07/14 Price Changed $275,000 -8.3% $133 / Sq Ft
03/13/2014 03/13/14 For Sale $299,900 -- $145 / 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 $2,252 $28,164 -- --
2024 $2,215 $26,823 -- --
2023 $2,215 $42,880 $8,570 $34,310
2022 $2,131 $32,570 $6,510 $26,060
2021 $2,239 $30,350 $6,070 $24,280
2020 $2,201 $28,000 $5,600 $22,400
2019 $2,136 $26,720 $5,340 $21,380
2018 $2,061 $25,760 $5,150 $20,610
2017 $1,988 $24,150 $4,830 $19,320
2016 $1,873 $22,220 $4,440 $17,780
2015 $1,725 $22,150 $4,430 $17,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5929448

Arizona Regional Multiple Listing Service (ARMLS)

APN: 201-09-653