NOT LISTED FOR SALE

7307 W Molly Ln Peoria, AZ 85383

Estimated Value: $812,517

5 Beds
3.5 Baths
3,686 Sq Ft
$220/Sq Ft Est. Value

Highlights

  • Main Floor Primary Bedroom
  • Granite Countertops
  • Double Vanity
  • Terramar Academy of the Arts Rated A-
  • Eat-In Kitchen
  • Patio

About This Home

As of May 2023

JUST REDUCED! Beautiful, 2020 built spacious 5 Bed/ 3.5 Bath property located in the highly desired, Aloravita community in North Peoria. Home equipped with FULLY OWNED SOLAR SYSTEM for huge energy savings and also comes with a Tesla power point. Downstairs features Master suite, formal dining, den, family room and kitchen. Enjoy the lovely gourmet kitchen with beautiful cabinetry, large pantry for ample storage, granite countertops, stainless steel appliances and a large kitchen island. Upstairs features loft and 4 additional bedrooms. Enjoy and relax your evenings in the huge backyard which includes a large, covered patio, travertine tiles, artificial turf, nice sitting area and trees. Washer and dryer are included. *PET FRIENDLY* Located close to top rated schools like Mountain Ridge High school and Basis Peoria Schools.

Last Agent to Rent the Property

Kalyani Gedela

West USA Realty License #SA694481000 Listed on: 03/21/2023

West USA Realty

Last Renter's Agent

Kalyani Gedela

West USA Realty License #SA694481000 Listed on: 03/21/2023

West USA Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020

Lot Details

  • 6,960 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf
  • Sprinklers on Timer

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,686 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Terramar Elementary
  • Mountain Ridge High School

Utilities

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

Listing and Financial Details

  • Property Available on 5/1/23
  • 12-Month Minimum Lease Term
  • Tax Lot 22
  • Assessor Parcel Number 201-29-252

Community Details

Overview

  • Property has a Home Owners Association
  • Aloravita Association, Phone Number (602) 957-9191
  • Built by Taylor Morrison
  • Aloravita Phase 1 Parcel 5 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2020

Lot Details

6,960 Sq Ft Lot

Parking

3

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2023-05-01

Listing Details

  • Cross Street: Jomax & 67th Ave
  • 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: Y
  • Year Built: 2020
  • Rental Info H O A Name: Aloravita
  • Non Assistive Animals: Yes
  • Rental Info Rental Tax Percent: 1.8
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: ALORAVITA PHASE 1 PARCEL 5
  • Property Attached Yn: No
  • 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
  • Appliances: Water Softener, Water Purifier
  • Total Bedrooms: 5
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, 9+ Flat Ceilings, Soft Water Loop, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3686.0
  • Stories: 2
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Engy Star (See Rmks), Dryer Included, Washer Included
  • 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: Aloravita
  • Phone: 602-957-9191
  • Association: Yes
  • Pets Allowed: Yes

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

  • Lot Size Sq Ft: 6960.0
  • Parcel #: 201-29-252

Building Info

  • Builder Name: Taylor Morrison

Tax Info

  • Tax Book Number: 201.00
  • Tax Lot: 22
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2026
Sold by
Konatam Govindarajulu and Konatam Saismitha
Bought by
Konatam Family Trust and Konatam
Current Estimated Value
$812,517

Purchase Details

Closed on
May 26, 2020
Sold by
Tm Homes Of Arizona Inc
Bought by
Konatam Govindarajulu and Konatam Saismitha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.3%
Mortgage Type
New Conventional
Source: Public Records
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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
Konatam Family Trust -- None Listed On Document
Konatam Govindarajulu $435,937 First American Title Ins Co
Th Homes Of Arizona Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Konatam Govindarajulu $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2023 05/04/23 Rented $3,500 +2.9% --
05/04/2023 05/04/23 Under Contract -- -- --
04/30/2023 04/30/23 Price Changed $3,400 -1.4% $1 / Sq Ft
04/27/2023 04/27/23 Price Changed $3,450 -1.4% $1 / Sq Ft
04/14/2023 04/14/23 Price Changed $3,500 -4.1% $1 / Sq Ft
04/10/2023 04/10/23 Price Changed $3,650 -1.4% $1 / Sq Ft
04/02/2023 04/02/23 Price Changed $3,700 -3.9% $1 / Sq Ft
03/27/2023 03/27/23 Price Changed $3,850 -2.5% $1 / Sq Ft
03/21/2023 03/21/23 For Rent $3,950 +6.8% --
05/01/2022 05/01/22 Rented $3,700 +2.8% --
04/24/2022 04/24/22 Under Contract -- -- --
04/10/2022 04/10/22 Price Changed $3,600 -6.5% $1 / Sq Ft
04/03/2022 04/03/22 For Rent $3,850 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $3,404 $35,083 -- --
2024 $2,786 $33,412 -- --
2023 $2,786 $55,460 $11,090 $44,370
2022 $2,686 $43,400 $8,680 $34,720
2021 $2,816 $41,830 $8,360 $33,470
2020 $367 $7,860 $7,860 $0
2019 $356 $4,890 $4,890 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6532464

Arizona Regional Multiple Listing Service (ARMLS)

APN: 201-29-252

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