tomo logo

$699,000

Beds
5
Baths
3.0
sq ft
3,526

7238 West El Cortez Place, Peoria, AZ 85383

7238 West El Cortez Place

Peoria, AZ 85383

  • <1 day on market
Welcome to Terramar, a desirable Peoria oasis perfectly nestled in the Northwest Valley! And welcome home to this stunner of a home loaded with incredible features and amazing upgrades! FIVE bedrooms, PLUS DEN, PLUS LOFT/GAME ROOM, three baths, a chef's dream kitchen with stunning raised panel cabinetry, gorgeous slab granite counters, center island, breakfast bar, walk in pantry and stainless-steel appliances! Ground floor owner's retreat boasts a spa bath with dual vanities, soaking tub and separate shower. Newer updates include the HVAC systems, water softener, carpet and more. Go on vacation everyday in your backyard oasis anchored by the beautiful pool, gas firepit and large covered patio.

Details

Property type

Single Family Residence

Est. home value

$719,307

Lot size

8,594 sq ft

Price per sq ft

$199

Year built

2001

Annual property taxes

$3,018

Monthly HOA fee

$33.33

Price History

04/03/2025
ArizonaRegional

ArizonaRegional #6845453

Listed
$699,000
+66.43%
02/18/2020
ARMLS

ARMLS #6012780

Sold
$420,000
+20%
04/14/2014
ArizonaRegional

ArizonaRegional #5045846

Sold
$350,000

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

$247,050
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$396,030
Cash to seller
$247,050

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

April 2021

Original loan amount

$432,919

Est. remaining balance

$396,030

Interest rate

3.02%

Loan type

VA, 30 year

Seller

Paul E Nelson and Cheryle Lee

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: 04/04/2025 at 5:10 AM

Listing updated: 04/03/2025 at 1:26 PM

Listed by: David C Tucker, RE/MAX Fine Properties Phone #: (480) 792-9500

MLS: ArizonaRegional #6845453

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