$545,000 - $627,000
RENTED APR 8, 2025

7220 W Cottontail Ln Peoria, AZ 85383

4 Beds
3 Baths
2,488 Sq Ft
$240 Price per Sq Ft

Last Sold December 22, 2014

Last sale price $308,000 $124 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,424/month

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Private Yard
  • Terramar Elementary School Rated A-
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of April 2025

Beautiful home in the sought after community of Terramar . This wonderful home features 4 bedrooms and 3 full baths all in one single level. .One of the baths is a jack and jill for two bedrooms to share. Master is split and features a large master bath with dual vanities.All bedroom closets have custom closet. Eat in Kitchen is loaded with cabinets and work space plus an island/breakfast bar. Kitchen is open to the spacious family room with entertainment center. Formal living with dining area has a great view of the beautiful back yard with slate patio and beautiful mature landscaping.

Last Agent to Rent the Property

Eric Stephenson

West USA Realty License #SA693923000 Listed on: 03/19/2025

West USA Realty

Last Renter's Agent

Eric Stephenson

West USA Realty License #SA693923000 Listed on: 03/19/2025

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,084

Year Built

  • Built in 2001

Lot Details

  • 10,350 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Private Yard

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 2,488 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Mountain Views
  • 220 Volts In Laundry

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio

Schools

  • Terramar Academy Of The Arts Elementary School
  • Hillcrest Middle School
  • Mountain Ridge High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 3/19/25
  • $50 Move-In Fee
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 137
  • Assessor Parcel Number 201-09-649

Community Details

Overview

  • Property has a Home Owners Association
  • Terramar Association, Phone Number (602) 288-2615
  • Built by Shea
  • Terramar Parcel 8 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,084

Year Built

Built in 2001

Lot Details

0

Parking

3

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2025-03-19

Listing Details

  • Cross Street: 67th Avenue and Happy Valley
  • Legal Info Range: 1E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Rental Info H O A Name: Terramar
  • Non Assistive Animals: Lessor Approval
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: 67th Ave and Happy Valley, north on Terramar from Happy Valley. East to Cottontail , follow around to property on the left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: TERRAMAR PARCEL 8
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2488.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Desert Back, Desert Front
  • View: Mountain(s)
  • Disclosures: None
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: 220 V Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association Name: Terramar
  • Phone: 602-288-2615
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

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

Lot Info

  • Lot Size Sq Ft: 10350.0
  • Parcel #: 201-09-649

Building Info

  • Builder Name: Shea

Tax Info

  • Tax Book Number: 201.00
  • Tax Lot: 137
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2025
Closed on
Mar 9, 2025
Sold by
Be & Bg Massengale Family Trust and Massengale Brett
Bought by
Lu Yan and Chen Yi
Seller's Agent
Eric Stephenson
West USA Realty
Buyer's Agent
Eric Stephenson
West USA Realty
Sold Price
$2,700
Views
26
Current Estimated Value
$597,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,649

Purchase Details

Closed on
Mar 27, 2020
Sold by
Massengale Brett E and Massengale Barbie G
Bought by
Massengale Brett E and Massengale Barbie G

Purchase Details

Listed on
Oct 20, 2014
Closed on
Nov 20, 2014
Sold by
Harniss Laroyce
Bought by
Massengale Brett E and Massengale Barbie G
Seller's Agent
Judy Kirschbaum
West USA Realty
Buyer's Agent
Denise Ovalle
Buyer One
List Price
$310,000
Sold Price
$308,000
Premium/Discount to List
-$2,000
-0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$270,146
Interest Rate
4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2011
Sold by
Bankunited Fsb
Bought by
Harniss Laroyce

Purchase Details

Closed on
Sep 27, 2011
Sold by
Lopez Scott
Bought by
Bankunited

Purchase Details

Closed on
Nov 5, 2004
Sold by
Lopez Shawnna
Bought by
Lopez Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2002
Sold by
Lopez Shawnna
Bought by
Lopez Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.43%

Purchase Details

Closed on
Aug 16, 2000
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Lopez Scott and Lopez Shawnna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
7.13%
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
Lu Yan $475,000 Fidelity National Title Agency
Massengale Brett E -- None Available
Massengale Brett E $308,000 Lawyers Title Of Arizona Inc
Harniss Laroyce $220,100 Great American Title Agency
Bankunited $422,275 None Available
Lopez Scott -- Fidelity National Title
Lopez Scott -- Security Title Agency
Lopez Scott $214,999 First American Title
Shea Homes Arizona Ltd Partnership -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Massengale Brett E $270,146
Previous Owner Lopez Scott $231,000
Previous Owner Lopez Scott $225,000
Previous Owner Lopez Scott $204,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2025 04/08/25 Rented $2,700 0.0% --
03/31/2025 03/31/25 Under Contract -- -- --
03/19/2025 03/19/25 For Rent $2,700 0.0% --
12/22/2014 12/22/14 Sold $308,000 -0.6% $124 / Sq Ft View Prior Sale
10/18/2014 10/18/14 For Sale $310,000 -- $125 / 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 $3,084 $32,416 -- --
2024 $2,549 $30,872 -- --
2023 $2,549 $44,580 $8,910 $35,670
2022 $2,453 $34,230 $6,840 $27,390
2021 $2,577 $32,150 $6,430 $25,720
2020 $2,533 $29,820 $5,960 $23,860
2019 $2,458 $28,550 $5,710 $22,840
2018 $2,372 $27,820 $5,560 $22,260
2017 $2,288 $26,300 $5,260 $21,040
2016 $2,156 $25,530 $5,100 $20,430
2015 $1,985 $25,410 $5,080 $20,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6839783

Arizona Regional Multiple Listing Service (ARMLS)

APN: 201-09-649