NOT LISTED FOR SALE

7316 W Fallen Leaf Ln Peoria, AZ 85383

Estimated Value: $1,281,910 - $1,435,000

5 Beds
4.5 Baths
3,849 Sq Ft
$348/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $1,390,000 $361 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $7,714/month

13 Days on Market

Highlights

  • Heated Spa
  • RV Access or Parking
  • 1.03 Acre Lot
  • Copper Creek Elementary School Rated A
  • Gated Community
  • Mountain View

About This Home

As of January 2024

Discover the epitome of luxury living in this exquisite 5-bedroom, 4.5-bathroom home located within the prestigious gated community of Estates at Happy Valley. Built in 2014, this masterpiece sits on a sprawling 1.028-acres and offers an abundance of impressive features. The home is designed to cater to your every need with a media room for entertainment, a Den/Study, a charming breakfast nook just off the kitchen, and an elegant formal dining room for hosting memorable gatherings. Primary suite with dual closets, is split from the other 4 bedrooms. The outdoor space is a true sanctuary. Take a dip in the heated pool and spa, complete with soothing fountains and a captivating fire feature. The outdoor oasis extends to an inviting fire-pit and a well-appointed outdoor kitchen with a gazebo perfect for alfresco dining and entertaining. The grandeur of a 4-car garage and an RV gate with ample storage area provides the space and convenience you desire. For the active family, an in-ground trampoline awaits, offering endless fun and enjoyment. This home is not just a property; it's an experience. It's an opportunity to live the life you've always dreamed of. Welcome to your forever home in Estates at Happy Valley!

Last Agent to Sell the Property

Erik Jensen

NORTH&CO. License #SA570019000 Listed on: 11/08/2023

Co-Listed By

Stephen Caniglia

NORTH&CO. License #SA554647000

Last Buyer's Agent

Jacob White

AZ Marketplace Realty License #SA653166000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,747

Year Built

  • Built in 2014

Lot Details

  • 1.03 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $264 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • 5 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,849 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Mountain Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Heated Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Built-In Barbecue

Schools

  • Copper Creek Elementary School
  • Hillcrest Middle School
  • Mountain Ridge High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 201-13-234

Community Details

Overview

  • Association fees include ground maintenance
  • J Squared Prop Mgmt Association, Phone Number (623) 251-5260
  • Built by TM HOMES OF ARIZONA INC
  • Estates At Happy Valley Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,747

Year Built

Built in 2014

Lot Details

0

HOA Fees

$264 per month

Parking

4

Listing Details

  • Cross Street: W Happy Valley Rd & 74th Ave.
  • Legal Info Range: 1E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 264.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 5.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2014
  • Spa Private: Yes
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.03
  • Co List Office Mls Id: nrtc05
  • Co List Office Phone: 602-714-7000
  • Subdivision Name: ESTATES AT HAPPY VALLEY
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 264.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, Gas
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3849.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Fenced, Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, 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:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, Circular Driveway, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 5.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 264.0
  • Association Fee Frequency: Monthly
  • Association Name: Happy Valley Estates
  • Phone: 623-251-5260
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 125.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Happy Valley Estates
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 400.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 633.6
  • Association Fees:Disclosure Fees HOA: 275.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: J Squared Prop Mgmt

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Copper Creek Elementary School
  • 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: 44763.0
  • Parcel #: 201-13-234

Building Info

  • Builder Name: TM HOMES OF ARIZONA INC

Tax Info

  • Tax Annual Amount: 4747.0
  • Tax Book Number: 201.00
  • Tax Lot: 3
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Jan 5, 2024
Sold by
Miller Adam and Miller Nichole A
Bought by
Field Katelyn and Field Jared
Seller's Agent
Erik Jensen
NORTH&CO.
Buyer's Agent
Jacob White
AZ Marketplace Realty
List Price
$1,500,000
Sold Price
$1,390,000
Premium/Discount to List
-$110,000
-7.33%
Views
64
Current Estimated Value
$1,338,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,272
Avg. Annual Appreciation
-2.06%
Original Mortgage
$766,500
Outstanding Balance
$753,926
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$584,802

Purchase Details

Closed on
Oct 14, 2014
Sold by
Tm Homes Of Arizona Inc
Bought by
Miller Adam and Miller Nichole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2013
Sold by
Taylor Morrison/Arizona Inc
Bought by
Tm Homes Of Arizona Inc

Purchase Details

Closed on
Jun 10, 2013
Sold by
Mtl 1 Llc
Bought by
Taylor Morrison Arizona Inc

Purchase Details

Closed on
Feb 6, 2012
Sold by
Bmo Harris Bank National Association
Bought by
Mj2 & Co Llc

Purchase Details

Closed on
Sep 3, 2009
Sold by
Bonchis Maria
Bought by
M & I Marshall & Ilsley Bank

Purchase Details

Closed on
May 27, 2005
Sold by
Bonchis Cornell
Bought by
Bonchis Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Field Katelyn $1,390,000 100 Title Agency Llc
Miller Adam $619,911 First American Title Ins Co
Tm Homes Of Arizona Inc -- First American Title Ins Co
Taylor Morrison Arizona Inc $3,500,000 First American Title
Mtl 1 Llc $500,000 First American Title Ins Co
Mj2 & Co Llc $100,000 Stewart Title & Trust Of Pho
M & I Marshall & Ilsley Bank $97,987 Security Title Agency
Bonchis Maria -- Guaranty Title Agency
Bonchis Maria $340,000 Guaranty Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Field Katelyn $766,500
Closed Field Katelyn $264,700
Previous Owner Miller Adam $417,000
Previous Owner Bonchis Maria $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2024 01/05/24 Sold $1,390,000 -7.3% $361 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $1,500,000 -- $390 / 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 $4,891 $57,093 -- --
2024 $4,747 $54,374 -- --
2023 $4,747 $88,760 $17,750 $71,010
2022 $4,565 $70,050 $14,010 $56,040
2021 $4,724 $65,980 $13,190 $52,790
2020 $4,637 $68,450 $13,690 $54,760
2019 $4,491 $58,310 $11,660 $46,650
2018 $4,332 $53,310 $10,660 $42,650
2017 $4,168 $48,210 $9,640 $38,570
2016 $3,919 $49,070 $9,810 $39,260
2015 $1,930 $24,810 $4,962 $19,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6628118

Arizona Regional Multiple Listing Service (ARMLS)

APN: 201-13-234