NOT LISTED FOR SALE

7988 W Molly Dr Peoria, AZ 85383

Estimated Value: $741,077 - $770,000

4 Beds
3.5 Baths
3,260 Sq Ft
$231/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $411,690 $126 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,325/month

Highlights

  • Gated Community
  • Contemporary Architecture
  • No HOA
  • Terramar Elementary School Rated A-
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of April 2023

JUST REDUCED!!! A must see! Has Tesla Solar System, a huge monthly savings on your electric bill!! Gorgeous home in the beautiful gated community. This amazing 4 bedroom, 3.5 bath home, has so much space, has a den/office and a large loft. Upgraded chef's style kitchen featuring double ovens, smooth cook top, granite counters, butlers' pantry and a huge walk-in pantry. This amazing home boasts 9 foot ceilings, recessed lighting, water softer with conditioner and R/O system. Your outdoor living begins with an extended covered patio, lush green grass and custom pavers on a nice size lot with mountain views! Upgraded garage is insulated with a 4' extension. There is also a Tesla Home Charger for your EV car. Don't miss out on this gem! Schedule a private showing toda

Last Agent to Rent the Property

maha kapageridis

HomeSmart License #BR652624000 Listed on: 03/14/2023

HomeSmart

Last Renter's Agent

Christopher Altman

Keller Williams Arizona Realty License #BR643720000

Keller Williams Arizona Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,775

Year Built

  • Built in 2013

Lot Details

  • 9,362 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • Electric Vehicle Home Charger

Home Design

  • Contemporary Architecture
  • Santa Barbara Architecture
  • Santa Fe Architecture
  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,260 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows

Kitchen

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

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

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

  • Property Available on 4/1/23
  • Rent includes garbage collection
  • 12-Month Minimum Lease Term
  • Tax Lot 90
  • Assessor Parcel Number 201-20-360

Community Details

Overview

  • No Home Owners Association
  • Built by Richmond American Homes
  • Rock Springs Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,775

Year Built

Built in 2013

Lot Details

0

Parking

3

Rental Info

  • Rent Includes: Garbage Collection
  • Available Date: 2023-04-01

Listing Details

  • Cross Street: 67th ave and Jomax Rd
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2013
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • Directions: West on Jomax, North on 80th Ave, East on Molly to property.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: ROCK SPRINGS
  • Architectural Style: Contemporary, Spanish, Santa Barbara/Tuscan, Territorial/Santa Fe
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop, Water Softener, Water Purifier
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Pantry, 3/4 Bath Master Bdrm, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3260.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Vehicle Charging Station(s)
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Vehicle Charging Station(s): Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Association: No
  • Pets Allowed: Lessor Approval

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

  • Lot Size Sq Ft: 9362.0
  • Parcel #: 201-20-360

Building Info

  • Builder Name: Richmond American Homes

Tax Info

  • Tax Book Number: 201.00
  • Tax Lot: 90
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2021
Sold by
Latchupatula Venu and Latchupatula Venkata T
Bought by
Latchupatula Venu and Latchupatula Venkata T
Current Estimated Value
$752,769

Purchase Details

Listed on
Jan 31, 2019
Closed on
Feb 22, 2019
Sold by
Reigle James A and Reigle Lynda
Bought by
Latchupatula Venu and Latchupatula Venkata T
Seller's Agent
George Laughton
My Home Group Real Estate
Buyer's Agent
Krishna Reddy
West USA Realty
List Price
$424,900
Sold Price
$411,690
Premium/Discount to List
-$13,210
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Original Mortgage
$370,521
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2013
Sold by
Richmond American Homes Of Arizona Inc
Bought by
Reigle James A and Reigle Lynda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,309
Interest Rate
4.25%
Mortgage Type
FHA

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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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
Latchupatula Venu -- None Available
Latchupatula Venu $411,690 Lawyers Title Of Arizona Inc
Reigle James A $371,522 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 Latchupatula Venu $343,000
Closed Latchupatula Venu $370,521
Previous Owner Reigle James A $352,309
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2023 04/24/23 Rented $3,100 0.0% --
04/20/2023 04/20/23 Price Changed $3,100 -6.1% $1 / Sq Ft
04/16/2023 04/16/23 Price Changed $3,300 -2.9% $1 / Sq Ft
04/06/2023 04/06/23 Price Changed $3,400 -2.9% $1 / Sq Ft
03/30/2023 03/30/23 For Rent $3,500 0.0% --
03/29/2023 03/29/23 Off Market $3,500 -- --
03/29/2023 03/29/23 Price Changed $3,500 +1.4% $1 / Sq Ft
03/29/2023 03/29/23 Price Changed $3,450 -1.4% $1 / Sq Ft
03/22/2023 03/22/23 For Rent $3,500 0.0% --
03/08/2019 03/08/19 Sold $411,690 -3.1% $126 / Sq Ft
01/31/2019 01/31/19 For Sale $424,900 -- $130 / 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 $3,775 $39,679 -- --
2024 $3,120 $37,790 -- --
2023 $3,120 $48,770 $9,750 $39,020
2022 $3,002 $37,020 $7,400 $29,620
2021 $3,155 $34,850 $6,970 $27,880
2020 $3,100 $33,450 $6,690 $26,760
2019 $3,009 $34,000 $6,800 $27,200
2018 $2,904 $33,680 $6,730 $26,950
2017 $2,801 $31,650 $6,330 $25,320
2016 $2,639 $30,960 $6,190 $24,770
2015 $2,430 $31,230 $6,240 $24,990
Source: Public Records

Agents Affiliated with this Home

  • maha kapageridis

    Landlord's Agent in 2023

    maha kapageridis

    HomeSmart

    (480) 529-0938

    19 Total Sales

    maha kapageridis
    Section Image
  • Christopher Altman

    Tenant's Agent in 2023

    Christopher Altman

    Keller Williams Arizona Realty

    (602) 819-7877

    1 in this area

    44 Total Sales

    Christopher Altman
    Section Image
  • George Laughton

    Seller's Agent in 2019

    George Laughton

    My Home Group Real Estate

    (623) 462-3017

    158 in this area

    2,956 Total Sales

    George Laughton
    Section Image
  • Jim Reigle

    Seller Co-Listing Agent in 2019

    Jim Reigle

    My Home Group Real Estate

    (623) 242-9459

    8 in this area

    57 Total Sales

    Jim Reigle
    Section Image

  • K

    Buyer's Agent in 2019

    Krishna Reddy

    West USA Realty

    (602) 394-8879

    4 in this area

    8 Total Sales

    Krishna Reddy
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6534527

Arizona Regional Multiple Listing Service (ARMLS)

APN: 201-20-360

Arizona Maricopa County Peoria 85383

7988 W Molly Dr, Peoria, AZ

This home is located at 7988 W Molly Dr, Peoria, AZ 85383 since 14 March 2023 and is currently priced at $752,769. This property was built in 2013. 7988 W Molly Dr is a home located in Maricopa County with nearby schools including Terramar Elementary School, Mountain Ridge High School, and Happy Valley 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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