NOT LISTED FOR SALE

12087 E Mercer Ln Scottsdale, AZ 85259

Shea Corridor Neighborhood

Estimated Value: $1,240,114 - $1,341,000

4 Beds
2.5 Baths
2,939 Sq Ft
$435/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $507,000 $173 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $7,102/month

19 Days on Market

Highlights

  • Heated Spa
  • RV Gated
  • Spanish Architecture
  • Anasazi Elementary School Rated A
  • City Lights View
  • Corner Lot

About This Home

As of December 2012

REO-BANK OWNED PROPERTY-BEING SOLD AS-IS, WHERE IS: Private location bordering acres of common area. Nice City & Mtn Views. Four car garage with built-in custom cabs and Evap Cooler, epoxy floors. Granite tops & sink, gas cooking,heat & gas water heater,fire sprinklers. Split Master, large dining family rooms, floor to ceiling windows looking over pool & the city. Newer shutters in bedrooms. Security system. RV gate & slab. Masonry Grand Turbo BBQ, heated pebble tec pool & spa, waterfall, fully landscaped with grass lawn front & back. Flagstone walkway front & back. Low traffic dead-end cul-de-sac street. Home is very clean and in excellent condition. A Must see property

Last Agent to Sell the Property

Michael H. Rose

Coldwell Banker Realty License #BR540858000 Listed on: 11/01/2012

Last Buyer's Agent

Jason Mitchell

Jason Mitchell Real Estate License #SA575892000

Jason Mitchell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,344

Year Built

  • Built in 1999

Lot Details

  • 9,730 Sq Ft Lot
  • Cul-De-Sac
  • Desert faces the back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 4 Car Garage
  • 1 Open Parking Space
  • Garage Door Opener
  • RV Gated

Property Views

  • City Lights
  • Mountain

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,939 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Security System Owned
  • Fire Sprinkler System

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Built-In Barbecue

Schools

  • Mountainside Middle School
  • Desert Mountain Elementary High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Kinney Mgmt Association, Phone Number (480) 820-3451
  • Desert Hills Of Scottsdale Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 76
  • Assessor Parcel Number 217-29-396

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,344

Year Built

Built in 1999

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Shea Blvd & 124th Street
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 45.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Year Built: 1999
  • Spa Private: Yes
  • Tax Year: 2012
  • Directions: From Shea Blvd, go Nth on 124th St, turn left (west) on Gail, Left (Sth) on 122nd St,right on Mercer Ln, House on the left.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.22
  • Subdivision Name: Desert Hills of Scottsdale
  • Architectural Style: Ranch, Spanish
  • Efficiency: Multi-Pane Wndws, Multi-Zones, Sunscreen(s)
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 135.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Spa Features: Heated, Private
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, Fire Sprinklers, No Interior Steps, Soft Water Loop, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2939.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Other, Patio, Private Yard, Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Cul-De-Sac, Grass Front, Grass Back
  • Pool Features: Play Pool, Heated, Private
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, None
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Other5: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Extnded Lngth Garage, RV Gate, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside, Other, Wshr/Dry HookUp Only, See Remarks
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Quarterly
  • Association Name: Kinney Mgmt
  • Phone: 480-820-3451
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Kinney Mgmt
  • Association Fees:HOA Telephone4: (480) 820-3451
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Schools

  • High School: Desert Mountain Elementary
  • Middle Or Junior School: Mountainside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9730.0
  • Parcel #: 217-29-396
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3344.0
  • Tax Book Number: 217.00
  • Tax Lot: 76
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2012
Closed on
Nov 20, 2012
Sold by
Capital One Na
Bought by
Davis Lorraine and Davis Patrick
Seller's Agent
Michael H. Rose
Coldwell Banker Realty
Buyer's Agent
Jason Mitchell
Jason Mitchell Real Estate
List Price
$499,900
Sold Price
$507,000
Premium/Discount to List
$7,100
1.42%
Current Estimated Value
$1,277,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$770,029
Avg. Annual Appreciation
7.47%

Purchase Details

Closed on
Aug 28, 2012
Sold by
Phillips Sam S and Phillips Carolyn J
Bought by
Ing Bank Fsb

Purchase Details

Closed on
Sep 13, 2002
Sold by
Zausmer Joseph and Zausmer Shirley
Bought by
Phillips Sam S and Phillips Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6%

Purchase Details

Closed on
Jun 18, 2001
Sold by
Dempt Mark D and Dempt Sharon P
Bought by
Zausmer Joseph and Zausmer Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 1999
Sold by
Del Webbs Coventry Homes Inc
Bought by
Dempt Mark D and Dempt Sharon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Davis Lorraine $507,000 Equity Title Agency Inc
Ing Bank Fsb $559,152 Equity Title Agency
Phillips Sam S -- Security Title Agency
Zausmer Joseph $445,000 Fidelity National Title
Dempt Mark D $329,443 First American Title
Del Webbs Coventry Homes Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Sam S $388,000
Previous Owner Zausmer Joseph $350,000
Previous Owner Dempt Mark D $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2012 12/26/12 Price Changed $499,900 -1.4% $170 / Sq Ft
12/21/2012 12/21/12 Sold $507,000 0.0% $173 / Sq Ft
11/20/2012 11/20/12 Pending -- -- --
11/05/2012 11/05/12 Pending -- -- --
11/05/2012 11/05/12 Off Market $507,000 -- --
11/01/2012 11/01/12 For Sale $499,900 -- $170 / 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 $3,973 $67,583 -- --
2024 $3,920 $64,365 -- --
2023 $3,920 $80,170 $16,030 $64,140
2022 $3,688 $61,610 $12,320 $49,290
2021 $3,956 $55,780 $11,150 $44,630
2020 $3,916 $53,550 $10,710 $42,840
2019 $3,758 $52,880 $10,570 $42,310
2018 $3,656 $48,030 $9,600 $38,430
2017 $3,453 $47,650 $9,530 $38,120
2016 $3,385 $44,960 $8,990 $35,970
2015 $3,252 $45,410 $9,080 $36,330
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael H. Rose

    Coldwell Banker Realty

  • J

    Buyer's Agent in 2012

    Jason Mitchell

    Jason Mitchell Real Estate

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4843097

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-29-396

Arizona Maricopa County Scottsdale 85259 Shea Corridor

12087 E Mercer Ln, Scottsdale, AZ

This home is located at 12087 E Mercer Ln, Scottsdale, AZ 85259 since 01 November 2012 and is currently estimated at $1,277,029, approximately $434 per square foot. This property was built in 1999. 12087 E Mercer Ln is a home located in Maricopa County with nearby schools including Anasazi Elementary School, Mountainside Middle School, and Desert Mountain High 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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