NOT LISTED FOR SALE

7371 W Lariat Ln Peoria, AZ 85383

Estimated Value: $634,000 - $662,000

5 Beds
3 Baths
2,547 Sq Ft
$252/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $639,000 $251 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,631/month

29 Days on Market

Highlights

  • Private Pool
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Terramar Academy of the Arts Rated A-
  • 3 Car Direct Access Garage
  • 2-minute walk to Palo Verde Park

About This Home

As of June 2024

Fabulous 5B/3B home in Terramar. This home is full of updates. Bright beautiful kitchen featuring white cabinets, quartz counter tops, and GE black slate appliances. LVT flooring and new baseboards throughout the first floor. Gorgeous backyard with diving pool and waterfall feature. Incredible 3 car garage with roll-up door leading to the backyard. All new exterior paint and fixtures. This is a MUST see and could be YOUR next home!

Last Agent to Sell the Property

Karen McMahon

West USA Realty License #SA691594000 Listed on: 04/09/2024

West USA Realty

Last Buyer's Agent

Terry Day

DeLex Realty License #SA567465000

DeLex Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,736

Year Built

  • Built in 2002

Lot Details

  • 9,059 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Roof Updated in 2023
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,547 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens

Kitchen

  • Kitchen Updated in 2022
  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom Updated in 2023
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Covered Patio or Porch

Schools

  • Terramar Elementary School
  • Stetson Hills Elementary Middle School
  • Mountain Ridge High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 201-34-596

Community Details

Overview

  • Association fees include ground maintenance
  • First Service Reside Association, Phone Number (480) 551-4300
  • Built by Standard Pacific Homes
  • Terramar Parcel 13 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,736

Year Built

Built in 2002

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Cross Street: 73rd Ave. & Terramar
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 33.33
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2023
  • Updated Floors: Partial
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2020
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2022
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2023
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: Terramar Parcel 13
  • Architectural Style: Other
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 100.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2547.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • 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
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Back, Grass Front, Grass Back, Irrigation Front, Irrigation Back
  • Pool Features: Diving Pool, Private
  • Disclosures: Seller Discl Avail, Vicinity of an Airport
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets, Rear Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Rear Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 100.0
  • Association Fee Frequency: Quarterly
  • Association Name: First Service Reside
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: First Service Reside
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 245.0
  • Association Fees:Other Fees Description: Disclosure fee
  • 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: Stetson Hills Elementary

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9059.0
  • Parcel #: 201-34-596

Building Info

  • Builder Name: Standard Pacific Homes

Tax Info

  • Tax Annual Amount: 2736.0
  • Tax Book Number: 201.00
  • Tax Lot: 35
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jun 26, 2024
Sold by
Morrow Steven S and Morrow Vicki J
Bought by
Roark Richard James and Roark Jill M
Seller's Agent
Karen McMahon
West USA Realty
Buyer's Agent
Terry Day
DeLex Realty
List Price
$645,000
Sold Price
$639,000
Premium/Discount to List
-$6,000
-0.93%
Views
33
Current Estimated Value
$642,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,612
Avg. Annual Appreciation
0.42%
Original Mortgage
$607,050
Outstanding Balance
$599,841
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$42,771

Purchase Details

Closed on
Dec 8, 2003
Sold by
Smith Gregory and Smith Bonnie
Bought by
Morrow Steven S and Morrow Vicki J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2002
Sold by
First American Title Insurance Company
Bought by
Smith Gregory A and Smith Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,850
Interest Rate
7.12%
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
Roark Richard James $639,000 Pioneer Title Agency
Morrow Steven S $255,000 Capital Title Agency Inc
Smith Gregory A $239,813 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roark Richard James $607,050
Previous Owner Morrow Steven S $204,000
Previous Owner Smith Gregory A $191,850
Closed Morrow Steven S $38,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2024 06/26/24 Sold $639,000 -0.9% $251 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $645,000 -- $253 / 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 $2,808 $34,279 -- --
2024 $2,736 $32,647 -- --
2023 $2,736 $45,870 $9,170 $36,700
2022 $2,632 $34,660 $6,930 $27,730
2021 $2,763 $32,460 $6,490 $25,970
2020 $2,717 $30,060 $6,010 $24,050
2019 $2,639 $28,860 $5,770 $23,090
2018 $2,531 $28,170 $5,630 $22,540
2017 $2,444 $26,610 $5,320 $21,290
2016 $2,302 $25,960 $5,190 $20,770
2015 $2,121 $26,300 $5,260 $21,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6687968

Arizona Regional Multiple Listing Service (ARMLS)

APN: 201-34-596