NOT LISTED FOR SALE

1202 E Mercer Ln Phoenix, AZ 85020

North Mountain Village Neighborhood

Estimated Value: $411,306 - $459,000

3 Beds
3 Baths
1,786 Sq Ft
$246/Sq Ft Est. Value

Last Sold September 20, 2012

Last sale price $73,500 $41 Per Sq Ft

Est. 497% increase in value since last sale

Current estimated payment $2,399/month

6 Days on Market

Highlights

  • City Lights View
  • No HOA
  • Eat-In Kitchen
  • Corner Lot
  • Covered Patio or Porch
  • Evaporated cooling system

About This Home

As of September 2012

VIEWS! VIEWS! BEAUTIFUL VIEWS OF CITY AND MOUNTAINS FROM THIS CORNER LOT HOME. PROPERTY HAS HUGE YARD AND ALLEY ACCESS. THIS IS A 3 BEDROOM, 3 BATH WITH GUEST QUARTERS ADDED ON.IT ALSO HAS A BIG LAUNDRY ROOM AND DEN/ OFFICE. THERE IS NO FLOORING OR COVERED PARKING. GORGIOUS MAPLE CABINETS IN OPEN EAT IN KITCHEN. FAMILY ROOM WINDOW HAS VIEW OF CITY LIGHTS.GUEST QUARTERS HAS ITS OWN BLOCK FENCED BACKYARD, EXIT, BATHROOM, DEN/OFFICE AND KITCHEN COUNTER WITH A SINK.THIS HOME IS IN A GREAT LOCATION, CLOSE TO SHOPPING, FREEWAY ACCESS,AND SCHOOLS. A LITTLE TLC WOULD MAKE THIS THE PERFECT HOME.Day Sleeper

Last Agent to Sell the Property

Jeraldine Andrick

West USA Realty License #SA019862000 Listed on: 06/12/2012

West USA Realty

Last Buyer's Agent

Holly Martin

Attorneys Realty License #SA634785000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $828

Year Built

  • Built in 1978

Lot Details

  • 6,625 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot

Property Views

  • City Lights
  • Mountain

Home Design

  • Fixer Upper
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,786 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Concrete Flooring
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Open Parking Spaces
  • Side or Rear Entrance to Parking

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

  • Larkspur Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Utilities

  • Evaporated cooling system
  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • No Interior Steps
  • North or South Exposure

Listing and Financial Details

  • Short Sale
  • Tax Lot 319
  • Assessor Parcel Number 159-23-020

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Palo Verde Hills Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$828

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Cross Street: CAVE CREEK RD & PEORIA AVE.
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Year Built: 1978
  • Tax Year: 2011
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: Palo Verde Hills
  • Architectural Style: Ranch
  • New Construction: No
  • Efficiency: Multi-Pane Wndws
  • General Property Description:PriceSqFt: 41.15
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Listing Cond:Short Sale: Yes
  • Special Features: 12

Interior Features

  • Basement: None
  • Flooring: Concrete
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, 3/4 Bath Master Bdrm
  • Living Area: 1786.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground
  • Lot Features: North/South Exposure, Hillside Lot, Alley, Corner Lot, Desert Front, Natural Desert Back
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Rear Vehicle Entry
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Parking Features:Rear Vehicle Entry: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Evaporative Cooling
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Larkspur Elementary School
  • High School: Shadow Mountain High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6625.0
  • Parcel #: 159-23-020

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 828.0
  • Tax Book Number: 159.00
  • Tax Lot: 319
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2012
Closed on
Sep 21, 2012
Sold by
Hecht Neil Stuart
Bought by
Mhm Real Estate Llc
Seller's Agent
Jeraldine Andrick
West USA Realty
Buyer's Agent
Holly Martin
Attorneys Realty
List Price
$65,900
Sold Price
$73,500
Premium/Discount to List
$7,600
11.53%
Current Estimated Value
$438,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,077
Avg. Annual Appreciation
14.41%

Purchase Details

Closed on
May 18, 2006
Sold by
Hecht Peggy Ann Kacsanek
Bought by
Hecht Neil Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,600
Interest Rate
6.52%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 19, 2004
Sold by
Cooley Rentals Llc
Bought by
Grijalva Henry G and Grijalva Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2003
Sold by
Likens Matthew E
Bought by
Cooley Todd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 1999
Sold by
Rudd Marcene M
Bought by
Rudd Marcene M and Marcene M Rudd Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mhm Real Estate Llc $73,501 American Title Service Agenc
Hecht Neil Stuart -- Premier Title Group Maricopa
Hecht Neil Stuart $243,000 Premier Title Group Maricopa
Grijalva Henry G $145,000 Old Republic Title Agency
Cooley Todd A $117,500 Security Title Agency
Rudd Marcene M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hecht Neil Stuart $48,600
Previous Owner Hecht Neil Stuart $194,400
Previous Owner Grijalva Henry G $137,750
Previous Owner Cooley Todd A $105,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2012 09/20/12 Sold $73,500 +11.5% $41 / Sq Ft
06/18/2012 06/18/12 Pending -- -- --
06/12/2012 06/12/12 For Sale $65,900 -- $37 / 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 $1,211 $11,853 -- --
2024 $1,155 $11,288 -- --
2023 $1,155 $30,120 $6,020 $24,100
2022 $1,144 $23,450 $4,690 $18,760
2021 $1,147 $21,250 $4,250 $17,000
2020 $1,111 $19,260 $3,850 $15,410
2019 $1,113 $15,900 $3,180 $12,720
2018 $1,076 $14,270 $2,850 $11,420
2017 $1,032 $13,120 $2,620 $10,500
2016 $1,015 $12,400 $2,480 $9,920
2015 $940 $11,870 $2,370 $9,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jeraldine Andrick

    West USA Realty

    (602) 625-1673

    2 in this area

    26 Total Sales

    Jeraldine Andrick
    Section Image

  • H

    Buyer's Agent in 2012

    Holly Martin

    Attorneys Realty

    (602) 989-7869

    5 Total Sales

    Holly Martin
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4773935

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-23-020

Arizona Maricopa County Phoenix 85020 North Mountain Village

1202 E Mercer Ln, Phoenix, AZ

Not Listed for Sale

Detached

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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