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$739,000

Beds
4
Baths
2.5
sq ft
3,480

6971 West El Cortez Place, Peoria, AZ 85383

6971 West El Cortez Place

Peoria, AZ 85383

  • 2 days on market
ASSUMABLE LOAN FOR QUALIFIED BUYERS AT AN UNHEARD-OF RATE 2.175% APR - Located in Peoria's highly desirable Terramar community, this gorgeous 2-story home checks it all. Enjoy 4 bedrooms + a versatile 5th bedroom/loft, 2.5 baths, & a spacious 3-car garage. Primary suite is downstairs and offers a spa-like bath with dual sinks, separate tub & shower, w/a MASSIVE walk-in closet. You'll love the vaulted ceilings, tile & wood flooring, granite counters, stainless steel appliances, center island with breakfast bar, and a walk-in pantry. The upstairs loft can easily be converted back or used as a theater, office, or creative space. Step outside to a backyard built for entertaining—featuring a private pool, no rear neighbors, a cozy pergola, string lights, and is a perfect place to entertain! Oasis-style backyard has a covered patio w/misting system, blue pool w/water feature, grassy area, gazebo, & view fence. Spend relaxing weekends in this backyard! Save monthly money with the solar panels installed! This value is sure to sell fast!

Details

Property type

Single Family Residence

Est. home value

$707,121

Lot size

8,050 sq ft

Price per sq ft

$213

Year built

1999

Annual property taxes

$3,139

Monthly HOA fee

$33.33

Price History

03/28/2025
ArizonaRegional

ArizonaRegional #6842706

Listed
$739,000
+136.1%
01/08/2015
ArizonaRegional

ArizonaRegional #5128702

Sold
$313,000
-3.69%
11/27/2013
ArizonaRegional

ArizonaRegional #4916986

Sold
$325,000

Schools & Community

Elementary school: 

Terramar Academy of the Arts

Middle school: 

Terramar Academy of the Arts

High school: 

Mountain Ridge High School

Community features: 

Playground, Sidewalks

High school district: 

Deer Valley Unified District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$360,923
Asking price
$739,000
Closing costs (~8% of asking)
-$59,120
Est. remaining loan balance
-$318,957
Cash to seller
$360,923

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage Llc

Loan start date

December 2020

Original loan amount

$352,958

Est. remaining balance

$318,957

Interest rate

2.78%

Loan type

VA, 30 year

Seller

Thomas R Cross and Kristine A Cross

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 5:10 AM

Listing updated: 03/28/2025 at 4:16 PM

Listed by: Bethanie Madewell, Keller Williams Arizona Realty Phone #: (480) 767-3000

MLS: ArizonaRegional #6842706

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