NOT LISTED FOR SALE

7438 W Lariat Ln Peoria, AZ 85383

Estimated Value: $595,000 - $629,475

5 Beds
2 Baths
2,349 Sq Ft
$262/Sq Ft Est. Value

Last Sold May 15, 2013

Last sale price $292,000 $124 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,471/month

24 Days on Market

Highlights

  • Private Pool
  • Covered Patio or Porch
  • Dual Vanity Sinks in Primary Bathroom
  • Terramar Academy of the Arts Rated A-
  • Eat-In Kitchen
  • 4-minute walk to Palo Verde Park

About This Home

As of May 2013

Remodeled in 2013, this 5 bed/2 bath home in Terramar is completely turn-key. Home is loaded with beautiful details, family room with fireplace, built-in nooks, new designer paint and new carpeting throughout. A gourmet eat-in kitchen with upgraded bull nose corian countertops, an expansive island, and new stainless steel appliances. Master suite features full master bath with dual vanity granite topped sinks, separate shower, soaking tub, and a walk-in closet. There are 4 guest bedrooms all of which are adjacent to a granite topped dual vanity 2nd bath. Home offers a covered patio, grassed play area, and fenced pebbletec pool with waterfall. This is truly a must see! Please note this home is NOT A SHORT SALE and is ready for immediate occupancy.

Last Agent to Sell the Property

Robert Banovac

RMB Realty LLC License #BR036359000 Listed on: 03/08/2013

Last Buyer's Agent

M. Rex Schofield

Realty Executives Arizona Territory License #BR021237000

Realty Executives Arizona Territory

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,775

Year Built

  • Built in 2001

Lot Details

  • 8,050 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front Yard Sprinklers

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,349 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch

Schools

  • Terramar Elementary
  • Mountain Ridge High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 201-34-586

Community Details

Overview

  • Association fees include ground maintenance
  • Terramar Association, Phone Number (623) 877-1396
  • Built by Standard Pacific
  • Terramar Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,775

Year Built

Built in 2001

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Cross Street: 67th Ave & Happy Valley Rd.
  • Legal Info Range: 1E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 20.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2001
  • Tax Year: 2012
  • Directions: N. on 67th Ave from Happy Valley Rd. Left on W. Desert Moon Way. At Terramar Blvd, turn left and make right on n. 73rd Dr. Cross over greenbelt to Lariat and turn left. Home will be on right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: Terramar
  • Association Fees:HOA Fee2: 60.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Pantry, Full Bth Master Bdrm
  • Living Area: 2349.0
  • Stories: 1
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: Fenced
  • Pool Private: Yes
  • Disclosures: None, Other (See Remarks)
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 60.0
  • Association Fee Frequency: Quarterly
  • Association Name: Terramar
  • Phone: 623-877-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Terramar
  • Association Fees:HOA Telephone4: 623-877-1396
  • Association Fees:PAD Fee YN2: N
  • 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 #: 201-34-586

Building Info

  • Builder Name: Standard Pacific

Tax Info

  • Tax Annual Amount: 1775.32
  • Tax Book Number: 201.00
  • Tax Lot: 25
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2013
Closed on
May 13, 2013
Sold by
Arroyo Properties Llc
Bought by
Nelligan Debra A
Seller's Agent
Robert Banovac
RMB Realty LLC
Buyer's Agent
M. Rex Schofield
Realty Executives Arizona Territory
List Price
$305,000
Sold Price
$292,000
Premium/Discount to List
-$13,000
-4.26%
Current Estimated Value
$616,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,119
Avg. Annual Appreciation
6.18%
Original Mortgage
$233,600
Outstanding Balance
$165,679
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$450,440

Purchase Details

Listed on
Jul 28, 2012
Closed on
Jan 28, 2013
Sold by
King Jamie R and King Stacey R
Bought by
Arroyo Properties Llc
Seller's Agent
Tiffany Jones
eXp Realty
Buyer's Agent
Laura Bur
Coldwell Banker Realty
List Price
$210,000
Sold Price
$238,000
Premium/Discount to List
$28,000
13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
107.57%
Original Mortgage
$200,000
Interest Rate
3.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2005
Sold by
King Jamie R and King Stacy R
Bought by
King Jamie R and King Stacy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2003
Sold by
King Jamie R
Bought by
King Jamie R and King Stacey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.54%

Purchase Details

Closed on
Jan 3, 2003
Sold by
King Stacey R
Bought by
King Jamie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
6.06%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 22, 2002
Sold by
King Stacey
Bought by
King Jamie R

Purchase Details

Closed on
Mar 5, 2002
Sold by
First American Title Insurance Company
Bought by
King Jamie R
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
Nelligan Debra A $292,000 Lawyers Title Of Arizona Inc
Arroyo Properties Llc $238,000 Pioneer Title Agency Inc
King Jamie R -- --
King Jamie R -- Security Title Agency
King Jamie R -- First American Title Ins Co
King Jamie R -- First American Title
King Jamie R -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelligan Debra A $233,600
Previous Owner Arroyo Properties Llc $200,000
Previous Owner King Jamie R $435,000
Previous Owner King Jamie R $216,000
Previous Owner King Jamie R $16,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2013 05/15/13 Sold $292,000 -2.3% $124 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
03/27/2013 03/27/13 Price Changed $299,000 -2.0% $127 / Sq Ft
03/15/2013 03/15/13 For Sale $305,000 0.0% $130 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $305,000 +28.2% $130 / Sq Ft
01/31/2013 01/31/13 Sold $238,000 0.0% $101 / Sq Ft View Prior Sale
11/26/2012 11/26/12 Price Changed $238,000 +13.3% $101 / Sq Ft
07/27/2012 07/27/12 For Sale $210,000 -- $89 / 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 $2,707 $31,043 -- --
2024 $2,943 $29,564 -- --
2023 $2,943 $43,200 $8,640 $34,560
2022 $2,843 $33,060 $6,610 $26,450
2021 $2,929 $30,730 $6,140 $24,590
2020 $2,883 $28,630 $5,720 $22,910
2019 $2,805 $27,430 $5,480 $21,950
2018 $2,702 $26,620 $5,320 $21,300
2017 $2,615 $25,050 $5,010 $20,040
2016 $2,085 $24,380 $4,870 $19,510
2015 $1,921 $24,330 $4,860 $19,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4901796

Arizona Regional Multiple Listing Service (ARMLS)

APN: 201-34-586