NOT LISTED FOR SALE

7405 W Banff Ln Peoria, AZ 85381

Arrowhead Neighborhood

Estimated Value: $970,000 - $1,150,000

5 Beds
3.5 Baths
4,447 Sq Ft
$234/Sq Ft Est. Value

Last Sold October 05, 2016

Last sale price $488,000 $110 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,723/month

184 Days on Market

Highlights

  • RV Gated
  • 0.41 Acre Lot
  • Santa Fe Architecture
  • Paseo Verde Elementary School Rated A-
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of October 2016

WON BEST HOUSE REALTOR TOUR MAY 13TH!!SELLER WANTS THIS SOLD AND HAS REDUCED THE PRICE BY $41,000. AMAZING CUSTOM HOME WITH BASEMENT IN THE UPSCALE NEIGHBORHOOD OF PARADISE WEST ESTATES. GOURMET KICTCHEN THAT OPENS INTO THE FAMILY & DINING ROOM. PERFECT FOR ENTERTAINING FRIENDS & FAMILY. HOME HAS VAULTED 16FT CEILINGS WITH A BRICK FIREPLACE. KICHEN IS LARGE WITH TONS OF SPACE, KITCHEN ISLAND, GAS COOKTOP AND GRANITE. FORMAL DINNING, UPSCALE LIVING ROOM & 5 MASSIVE SIZED BEDROOMS. MASTERBEDROOM HAS FIREPLACE, JETTED TUB, WALK-IN SHOWER AND CLOSET. BASEMENT IS FINISHED WITH 2 MORE BEDROOMS, LIVING ROOM AND STORAGE SPACE. BACKYARD HAS HUGE COVERED PATIO, GRASS AND BUILT IN BBQ. RV GATE & PARKING AS THIS PROPERTY SITS ON ALMOST A 1/2 ACREE.

Last Agent to Sell the Property

Mark Cox

HomeSmart License #SA532878000 Listed on: 02/24/2016

HomeSmart

Co-Listed By

Matthew Cox

Unknown Office Name: none License #SA644634000

Last Buyer's Agent

Cynthia McNicol

CORE Choice Realty License #BR557817000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,221

Year Built

  • Built in 1994

Lot Details

  • 0.41 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • 6 Open Parking Spaces
  • Garage Door Opener
  • RV Gated

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,447 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Double Pane Windows
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered patio or porch

Schools

  • Paseo Verde Elementary School
  • Centennial High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Custom
  • Paradise West Estates Lot 1 75 Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 200-63-097

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,221

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 75Th and Bell Rd
  • Legal Info Range: 1E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1994
  • Tax Year: 2015
  • Directions: South on 75th Ave,E on Country Gables; S on 74th Ln; E on Banff; House is on right
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.41
  • Co List Office Mls Id: cril04
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: PARADISE WEST ESTATES LOT 1-75
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 4447.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Basement Description:Finished2: Yes
  • Basement Description:Full: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Grass Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener, RV Gate, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 6.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Not Managed
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Paseo Verde Elementary School
  • High School: Centennial High School
  • Middle Or Junior School: Paseo Verde Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18064.0
  • Parcel #: 200-63-097
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 4221.0
  • Tax Book Number: 200.00
  • Tax Lot: 23
  • Tax Map Number: 63.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2021
Sold by
Nelman Jennifer A and Nelman Jennifer Anne
Bought by
Nelman Ronald Robert and Nelman Jennifer Anne
Current Estimated Value
$972,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,500
Outstanding Balance
$204,483
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$836,516

Purchase Details

Closed on
Jan 14, 2021
Sold by
Nelman Ronald Robert and Nelman Jennifer Anne
Bought by
Nelman Jennifer Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,500
Outstanding Balance
$204,483
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$836,516

Purchase Details

Closed on
May 20, 2019
Sold by
Nelman Jennifer Anne and Greger Jennifer Anne
Bought by
The Nelman Family Trust

Purchase Details

Listed on
Feb 24, 2016
Closed on
Sep 29, 2016
Sold by
Bailey Ryan and Bailey Mickel
Bought by
Greger Jennifer Anne
Seller's Agent
Mark Cox
HomeSmart
Buyer's Agent
Cynthia McNicol
CORE Choice Realty
List Price
$525,000
Sold Price
$488,000
Premium/Discount to List
-$37,000
-7.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Original Mortgage
$267,602
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 13, 2012
Closed on
Sep 22, 2012
Sold by
Monroe Nancy Rae
Bought by
Bailey Ryan and Bailey Mickel
Seller's Agent
Tim Polanco
Arizona E Homes
Buyer's Agent
Mark Cox
HomeSmart
List Price
$450,000
Sold Price
$439,000
Premium/Discount to List
-$11,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%
Original Mortgage
$417,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2012
Sold by
Monroe Jerry B and Monroe Nancy Rae
Bought by
Monroe Nancy Rae

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
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1997
Sold by
Monroe Jerry B and Monroe Nancy R
Bought by
Monroe Jerry B and Monroe Nancy Rae
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nelman Ronald Robert -- Accommodation
Nelman Jennifer Anne -- Security Title Agency Inc
Nelman Jennifer A -- Security Title Agency Inc
The Nelman Family Trust -- None Available
Greger Jennifer Anne $488,000 Security Title Agency Inc
Bailey Ryan $439,000 Lawyers Title Of Arizona Inc
Monroe Nancy Rae -- Lawyers Title Of Arizona Inc
Monroe Jerry B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelman Jennifer A $245,500
Closed Greger Jennifer Anne $267,602
Previous Owner Bailey Ryan $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2016 10/05/16 Sold $488,000 -2.2% $110 / Sq Ft
08/25/2016 08/25/16 Pending -- -- --
07/28/2016 07/28/16 Price Changed $499,000 -2.0% $112 / Sq Ft
07/24/2016 07/24/16 Price Changed $509,000 -1.9% $114 / Sq Ft
07/14/2016 07/14/16 Price Changed $519,000 -1.1% $117 / Sq Ft
06/01/2016 06/01/16 For Sale $525,000 +7.6% $118 / Sq Ft
05/19/2016 05/19/16 Off Market $488,000 -- --
03/22/2016 03/22/16 Price Changed $525,000 -2.8% $118 / Sq Ft
02/23/2016 02/23/16 For Sale $540,000 +23.0% $121 / Sq Ft
10/19/2012 10/19/12 Sold $439,000 -2.4% $99 / Sq Ft
09/06/2012 09/06/12 Pending -- -- --
08/11/2012 08/11/12 For Sale $450,000 0.0% $101 / Sq Ft
08/05/2012 08/05/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $450,000 +2.5% $101 / Sq Ft
07/19/2012 07/19/12 Off Market $439,000 -- --
07/13/2012 07/13/12 For Sale $450,000 -- $101 / 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 $4,760 $58,981 -- --
2024 $4,808 $56,172 -- --
2023 $4,808 $74,520 $14,900 $59,620
2022 $4,701 $57,660 $11,530 $46,130
2021 $4,951 $53,170 $10,630 $42,540
2020 $4,987 $51,930 $10,380 $41,550
2019 $4,817 $48,130 $9,620 $38,510
2018 $4,656 $50,660 $10,130 $40,530
2017 $4,641 $50,410 $10,080 $40,330
2016 $4,580 $49,220 $9,840 $39,380
2015 $4,221 $37,570 $7,510 $30,060
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mark Cox

    HomeSmart

    3 in this area

    23 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Matthew Cox

    Unknown Office Name: none

  • C

    Buyer's Agent in 2016

    Cynthia McNicol

    CORE Choice Realty

    (480) 444-7200

    19 Total Sales

    Section Image
  • Tim Polanco

    Seller's Agent in 2012

    Tim Polanco

    Arizona E Homes

    (623) 694-0541

    11 in this area

    86 Total Sales

    Section Image
  • Kym Polanco

    Seller Co-Listing Agent in 2012

    Kym Polanco

    Arizona E Homes

    (623) 640-8493

    11 in this area

    85 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5403531

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-63-097

Arizona Maricopa County Peoria 85381 Arrowhead

7405 W Banff Ln, Peoria, AZ

This home is located at 7405 W Banff Ln, Peoria, AZ 85381 since 24 February 2016 and is currently estimated at $1,040,999, approximately $234 per square foot. This property was built in 1994. 7405 W Banff Ln is a home located in Maricopa County with nearby schools including Paseo Verde Elementary School, Centennial High School, and Spirit Of Hope Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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