NOT LISTED FOR SALE

7226 W El Cortez Place Peoria, AZ 85383

Estimated Value: $547,435 - $667,000

4 Beds
2 Baths
2,283 Sq Ft
$266/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $385,000 $169 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,446/month

4 Days on Market

Highlights

  • Granite Countertops
  • Eat-In Kitchen
  • Security System Owned
  • Terramar Academy of the Arts Rated A-
  • Dual Vanity Sinks in Primary Bathroom
  • Tile Flooring

About This Home

As of February 2019

Built in 2001, this Peoria one-story offers a fireplace, granite kitchen countertops, master bathroom with separate jetted tub and shower, covered patio, and three-car garage. Upgraded features include fresh interior paint. Parks and trails are part of the HOA. Home comes with a 30-day buyback guarantee. Terms and conditions apply.

Last Agent to Sell the Property

Jeffery Hixson

LPT Realty, LLC License #SA661001000 Listed on: 01/22/2019

LPT Realty, LLC

Last Buyer's Agent

Brad Jensen

RE/MAX Fine Properties License #BR651029000

RE/MAX Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,142

Year Built

  • Built in 2001

Lot Details

  • 8,050 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $26 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,283 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Laminate
  • 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

Schools

  • Terramar Elementary
  • Mountain Ridge High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 159
  • Assessor Parcel Number 201-09-671

Community Details

Overview

  • Association fees include ground maintenance
  • Terramar HOA, Phone Number (623) 877-1396
  • Built by Shea
  • Terramar Parcel 8 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,142

Year Built

Built in 2001

Lot Details

0

HOA Fees

$26 per month

Parking

3

Listing Details

  • 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: 26.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • 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: 79.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2283.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • 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 Fee: 79.0
  • Association Fee Frequency: Quarterly
  • Association Name: Terramar HOA
  • Phone: 623-877-1396
  • 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: Terramar HOA
  • Association Fees:HOA Telephone4: 623-877-1396
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 44.0
  • 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: Terramar Elementary

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8050.0
  • Parcel #: 201-09-671

Building Info

  • Builder Name: Shea

Tax Info

  • Tax Annual Amount: 2142.0
  • Tax Book Number: 201.00
  • Tax Lot: 159
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2019
Closed on
Feb 14, 2019
Sold by
Opendoor Property C Llc
Bought by
Fox Gary Leigh and Fox Michelle Rodney
Seller's Agent
Jeffery Hixson
LPT Realty, LLC
Buyer's Agent
Brad Jensen
RE/MAX Fine Properties
List Price
$379,000
Sold Price
$385,000
Premium/Discount to List
$6,000
1.58%
Current Estimated Value
$607,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,609
Avg. Annual Appreciation
7.08%

Purchase Details

Listed on
Jan 22, 2019
Closed on
Jan 9, 2019
Sold by
Adamsba Ibrahim S
Bought by
Opendoor Property C Llc
Seller's Agent
Jeffery Hixson
LPT Realty, LLC
Buyer's Agent
Brad Jensen
RE/MAX Fine Properties
List Price
$379,000
Sold Price
$385,000
Premium/Discount to List
$6,000
1.58%

Purchase Details

Listed on
Sep 6, 2012
Closed on
Oct 9, 2012
Sold by
Abusalih Sirajunnisa
Bought by
Adamsha Ibrahim S
Seller's Agent
AZ Araujo
A.Z. & Associates
Buyer's Agent
Sandra Newbould
Arizona Best Real Estate
List Price
$249,900
Sold Price
$240,200
Premium/Discount to List
-$9,700
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%

Purchase Details

Listed on
Sep 6, 2012
Closed on
Aug 30, 2012
Sold by
Miyoshi Mitchell C and Miyoshi Sharon E
Bought by
Nationstar Mortgage Llc
Seller's Agent
AZ Araujo
A.Z. & Associates
Buyer's Agent
Sandra Newbould
Arizona Best Real Estate
List Price
$249,900
Sold Price
$240,200
Premium/Discount to List
-$9,700
-3.88%

Purchase Details

Closed on
Oct 6, 2005
Sold by
Morrell Steven W
Bought by
Miyoshi Mitchell C and Miyoshi Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2002
Sold by
Wilson Karen L
Bought by
Morrell Steven W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,450
Interest Rate
8.35%

Purchase Details

Closed on
Jul 27, 2001
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Morrell Steven W and Wilson Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
6.8%
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
Fox Gary Leigh $385,000 Opendoor West Llc
Opendoor Property C Llc $360,100 None Available
Adamsha Ibrahim S -- Clear Title Agency Of Arizon
Adamsha Ibrahim S $240,200 Clear Title Agency Of Arizon
Nationstar Mortgage Llc $156,000 Accommodation
Miyoshi Mitchell C $455,000 --
Morrell Steven W -- Security Title Agency
Morrell Steven W $242,543 First American Title
Shea Homes Arizona Ltd Partnership -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miyoshi Mitchell C $359,650
Previous Owner Morrell Steven W $234,450
Previous Owner Morrell Steven W $230,400
Closed Miyoshi Mitchell C $95,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2019 02/15/19 Sold $385,000 +1.6% $169 / Sq Ft
01/26/2019 01/26/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $379,000 +57.8% $166 / Sq Ft
10/19/2012 10/19/12 Sold $240,200 -3.9% $105 / Sq Ft View Prior Sale
09/17/2012 09/17/12 Pending -- -- --
09/06/2012 09/06/12 For Sale $249,900 -- $109 / 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 $2,341 $29,274 -- --
2024 $2,302 $27,880 -- --
2023 $2,302 $41,110 $8,220 $32,890
2022 $2,215 $31,570 $6,310 $25,260
2021 $2,328 $29,510 $5,900 $23,610
2020 $2,287 $28,070 $5,610 $22,460
2019 $2,220 $26,160 $5,230 $20,930
2018 $2,142 $25,330 $5,060 $20,270
2017 $2,067 $23,770 $4,750 $19,020
2016 $1,947 $23,200 $4,640 $18,560
2015 $1,793 $23,050 $4,610 $18,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5871544

Arizona Regional Multiple Listing Service (ARMLS)

APN: 201-09-671