NOT LISTED FOR SALE

7948 W Molly Dr Peoria, AZ 85383

Estimated Value: $746,993 - $776,000

4 Beds
2.5 Baths
3,382 Sq Ft
$227/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $515,000 $152 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,434/month

27 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Covered Patio or Porch
  • Terramar Elementary School Rated A-
  • Granite Countertops
  • 4 Car Direct Access Garage

About This Home

As of November 2020

Nestled in the gated, desert mountain community of Rock Springs, this pristine home boasts some wonderful features! The beautiful great room/kitchen combination offers a huge island, walk-in pantry & dining area. Off of the foyer is a private den/office and 1/2 bath. Upstairs the split master suite has a large (16x13) walk-in closet, 3 spacious additional bedrooms (one with a walk-in), convenient laundry room, & versatile loft/game room area. Step outside and find easy maintenance landscaping in the front yard, solar screens all around, the pool-sized backyard has a full length extended patio deck. And then there's the 4 car garage! It has an epoxied floor, extensive storage cabinets, work bench & plenty of room for the toys. Come see for yourself and prepare to be impressed.

Last Agent to Sell the Property

Lourie Fleet

AZ Brokerage Holdings, LLC License #BR022221000 Listed on: 09/07/2020

AZ Brokerage Holdings, LLC

Last Buyer's Agent

Jennifer Laughton

My Home Group Real Estate License #SA584349000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,083

Year Built

  • Built in 2013

Lot Details

  • 7,680 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,382 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Solar Screens
  • Mountain Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Terramar Elementary
  • Sandra Day O'connor High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 201-20-364

Community Details

Overview

  • Association fees include ground maintenance
  • Trestle Mgmt Association, Phone Number (480) 422-0888
  • Built by Richmond American
  • Rock Springs Subdivision

Recreation

  • Community Playground
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,083

Year Built

Built in 2013

Lot Details

0

HOA Fees

$79 per month

Parking

4

Listing Details

  • Cross Street: Jomax and 80th 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: 79.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2013
  • Tax Year: 2020
  • Directions: Either east on Jomax from 83rd Ave or west on Jomax from 67th Ave to 80th Ave, north to Molly Dr, east to home.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: ROCK SPRINGS
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 79.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3382.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane, Vinyl Frame
  • Kitchen Features:RangeOven Elec: 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
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Back, Synthetic Grass Frnt, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • 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: 4.0
  • Parking Features: Tandem Garage, Garage Door Opener, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Playground, Biking/Walking Path
  • Association Fee: 79.0
  • Association Fee Frequency: Monthly
  • Association Name: Rock Springs
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Rock Springs
  • Association Fees:HOA Telephone4: 480-422-0888
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 158.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Trestle Mgmt
  • Association Fees:HOA Management Phone: 480-422-0888

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Terramar Elementary
  • High School: Sandra Day O'Connor High School
  • Junior High Dist: Deer Valley Unified District
  • Middle Or Junior School: Terramar Elementary

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7680.0
  • Parcel #: 201-20-364

Building Info

  • Builder Name: Richmond American

Tax Info

  • Tax Annual Amount: 3083.46
  • Tax Book Number: 201.00
  • Tax Lot: 94
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2020
Closed on
Nov 2, 2020
Sold by
Cheney Adam and Cheney Lisa
Bought by
Gonzalez Michael and Gonzalez Katherine
Seller's Agent
Lourie Fleet
AZ Brokerage Holdings, LLC
Buyer's Agent
Jennifer Laughton
My Home Group Real Estate
List Price
$550,000
Sold Price
$515,000
Premium/Discount to List
-$35,000
-6.36%
Current Estimated Value
$767,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,998
Avg. Annual Appreciation
8.11%
Original Mortgage
$510,400
Outstanding Balance
$457,041
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$295,212

Purchase Details

Closed on
Apr 2, 2014
Sold by
Richmond American Homes Of Arizona Inc
Bought by
Cheney Adam and Cheney Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,292
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2012
Sold by
K Hovnanian Companies Oa Arizona Llc
Bought by
Richmond American Homes Of Arizona Inc
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
Gonzalez Michael $515,000 American Title Svc Agcy Llc
Cheney Adam $354,115 Fidelity National Title Agen
Richmond American Homes Of Arizona Inc $10,890,000 New Land Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Michael $147,000
Closed Gonzalez Michael $105,000
Open Gonzalez Michael $510,400
Previous Owner Cheney Adam $272,690
Previous Owner Cheney Adam $283,292
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $515,000 0.0% $152 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
09/29/2020 09/29/20 Price Changed $515,000 -3.7% $152 / Sq Ft
09/12/2020 09/12/20 Price Changed $535,000 -2.7% $158 / Sq Ft
09/07/2020 09/07/20 For Sale $550,000 +55.3% $163 / Sq Ft
06/03/2014 06/03/14 Sold $354,115 -2.7% $106 / Sq Ft
03/09/2014 03/09/14 Pending -- -- --
02/20/2014 02/20/14 Price Changed $364,115 -1.4% $109 / Sq Ft
02/12/2014 02/12/14 Price Changed $369,115 +4.0% $110 / Sq Ft
01/21/2014 01/21/14 Price Changed $355,052 -6.8% $106 / Sq Ft
01/17/2014 01/17/14 Price Changed $381,052 -3.3% $114 / Sq Ft
12/22/2013 12/22/13 Price Changed $394,052 +0.1% $118 / Sq Ft
12/14/2013 12/14/13 Price Changed $393,783 0.0% $118 / Sq Ft
12/09/2013 12/09/13 For Sale $393,748 -- $118 / 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 $3,156 $39,463 -- --
2024 $3,103 $37,584 -- --
2023 $3,103 $51,910 $10,380 $41,530
2022 $2,986 $36,770 $7,350 $29,420
2021 $3,138 $34,700 $6,940 $27,760
2020 $3,083 $33,270 $6,650 $26,620
2019 $2,992 $33,930 $6,780 $27,150
2018 $2,888 $33,400 $6,680 $26,720
2017 $2,786 $31,220 $6,240 $24,980
2016 $2,625 $30,810 $6,160 $24,650
2015 $2,417 $31,060 $6,210 $24,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6128879

Arizona Regional Multiple Listing Service (ARMLS)

APN: 201-20-364