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$725,000

Beds
4
Baths
3.0
sq ft
3,348

7164 West Paso Trail, Peoria, AZ 85383

7164 West Paso Trail

Peoria, AZ 85383

  • 2 days on market
Charming 2-story home in Terramar! Displaying a 3-car garage & a desert landscape. Inside, a welcoming living room features a neutral palette, a fireplace, and wood-look flooring in all the right places. The great room adds another fireplace & backyard access and a large formal dining area where you can savour gourmet meals. The eat-in kitchen showcases wood cabinetry, built-in appliances, granite counters, & a breakfast bar. Continue upstairs to find a spacious loft made for entertaining. The spacious main bedroom hosts a cozy fireplace private bathroom w/ dual sinks, a separate shower/tub & a walk-in closet and & balcony access. The large backyard enjoys a covered patio, pavers, a fire pit, artificial turf, a built-in BBQ, and ample space for gatherings or relaxation. Make it yours now!

Details

Property type

Single Family Residence

Est. home value

$689,417

Lot size

8,050 sq ft

Price per sq ft

$217

Year built

2001

Annual property taxes

$3,091

Monthly HOA fee

$32

Price History

03/28/2025
ArizonaRegional

ArizonaRegional #6842407

Listed
$725,000
+85.19%
02/27/2018
ArizonaRegional

ArizonaRegional #5715624

Sold
$391,500

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

$446,575
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$220,425
Cash to seller
$446,575

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

Seller’s Loan History

Lender

Stearns Lending Llc

Loan start date

February 2018

Original loan amount

$257,000

Est. remaining balance

$220,425

Interest rate

3.95%

Loan type

New Conventional, 30 year

Seller

James L Ratcliff and Barbara M Montgomery Ratcliff

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 2:45 AM

Listing updated: 03/28/2025 at 11:21 AM

Listed by: Steele Notarpole-Mercer, Citiea Phone #: (480) 870-3119

MLS: ArizonaRegional #6842407

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