See Home Value
Peoria 85383 Terramar
7227 W COTTONTAIL Lane
$693,309*
House - Off Market

7227 W COTTONTAIL Lane

Peoria, AZ 85383
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3013 Sqft
$473,000 - $577,000
Reference Base Price*
32.06%
Since Mar 1, 2021
AZ-Phoenix
Primary Model
Sold Apr 30, 2021
$535,000
$79,400 by Truwest Credit Union
Mortgage Due Jul 22, 2052
Sold Apr 15, 2016
$356,000
$100,000 by Jpmorgan Chase Bank Na
Mortgage Due May 01, 2031

About This Property

Gorgeous former Shea model home on an oversized lot in North Peoria with Mountain views. Energy efficient home w/ an Owned Solar system. The kitchen has been updated with new appliances, new RO system, updated lighting, expanded walk-in pantry, painted cabinets, new backsplash. The family rm has a built in Entertainment center, refinished hardwood floors, new lighting & ceiling fans. The master bathroom has new vanities, a new 72'' soaking tub, new walk -in shower and barn doors. Brand new carpets in the bedrooms. New wood vinyl flooring in the hall & bathrooms. All the bedrooms are spacious. The master bedroom has a fully covered balcony with a full awning & spiral stairs leading to the lush green backyard, extended covered patio & RV gate. Insulated 3 car garage with a 4ft extension.

The manager has listed the unit size as 3013 square feet.
Unit Size
3,013Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$174
Property Type
House
Property Taxes
$2,590
HOA Dues
-
Year Built
1999

Price History

Date / Event Date Event Price
Apr 30, 2021 Sold to Ali Abraham $535,000
Sold to Ali Abraham
Feb 24, 2021 No longer available -
No longer available
Feb 22, 2021 Listed $525,000
Listed

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 9,200
  • Total Building Area: 3,013
  • Gross Building Area: 3,013
  • Building Area: 3,013
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,013
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TERRAMAR PARCEL 8
  • Land Acres: 0.211
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TERRAMAR PARCEL 8 MCR 479-45

Ownership

  • Current Owner : ABRAHAM ALI
  • Previous Owner : WILLIAMS SCOTT
  • Previous Owner 2: WILLIAMS MELINDA
  • Owner Before Previous Owner: REDDY DONALD L
  • Owner Before Previous Owner 2: REDDY MICHELLE C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Deer Valley Unified District
  • Census Tract: 611200

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: 47945
  • Parcel: 201-09-516
  • Lot: 4
  • Meridian: SEC 1 TWN 4N RNG 1E
  • Municipality: PEORIA
  • Latitude: 33.7163
  • Longitude: -112.214

    Address

  • Full Address: 7227 W Cottontail Ln
  • Address - House Number: 7227
  • Street Direction: W
  • Address - Street Name: Cottontail
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Peoria
  • Carrier Code: R055
  • 4-Digit Zip Code: 7183
  • Zip Code: 85383

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,607
  • Tax Rate Code Area: 971200

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 667,631
  • High Value: 765,937
  • Low Value: 569,325

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $79,400
  • First Open Lien Mortgage Lender: TRUWEST CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jul 22, 2022
  • First Open Lien Mortgage Loan Amount: $79,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 22, 2052

    Market Valuation

  • Market Total Value: $444,100
  • Market Land Value: $88,800
  • Market Improvement Value: $355,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,410
  • Assessed Land Value: $8,880
  • Assessed Improvements Value: $35,530

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Transaction ID: 11833889526
  • Current Sale Price: $535,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210486527
  • Previous Sale Recording Date: Apr 15, 2016
  • Previous Sale Contract Date: Apr 01, 2016
  • Previous Sale Amount: $356,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Apr 30, 2021
  • First Mortgage Loan Amount: $459,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Apr 15, 2016
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2031



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
3 Baths
2,685 ft²
$209/ft²
$560,000 Oct 5, 2023
-
$256/mo
Other
Loft
2 Baths
2,147 ft²
$255/ft²
$548,500 Aug 25, 2023
-
$269/mo
Other
Loft
2 Baths
1,571 ft²
$337/ft²
$530,000 Sep 17, 2023
-
$291/mo
Other
Loft
2 Baths
1,656 ft²
$278/ft²
$460,000 Aug 23, 2023
-
$178/mo
Land
Loft
-
-
$449,000 Sep 21, 2023
-
$282/mo

About Terramar


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Frequently Asked Questions

When was property at 7227 West Cottontail Lane built and last sold?
The property at 7227 West Cottontail Lane was built in 1999 and last sold on Apr 30, 2021 for $535,000.
How much is this home worth?
The estimated value of the home located at 7227 West Cottontail Lane is $531,058.
What are some comparable homes to 7227 West Cottontail Lane?
There are currently no comparable homes to 7227 West Cottontail Lane.

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