NOT LISTED FOR SALE

12588 E Mercer Ln Scottsdale, AZ 85259

Shea Corridor Neighborhood

Estimated Value: $1,002,587 - $1,209,000

-- Bed
5 Baths
2,760 Sq Ft
$416/Sq Ft Est. Value

About This Home

This home is located at 12588 E Mercer Ln, Scottsdale, AZ 85259 and is currently estimated at $1,146,897, approximately $415 per square foot. 12588 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2022
Sold by
Leung Revocable Family Trust
Bought by
Leung Amanda and Leung Jonathan
Current Estimated Value
$1,146,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$493,215
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$584,244

Purchase Details

Closed on
Dec 15, 2005
Sold by
Leung Edward Cheuk Kwan and Wong Leung Hei Heung
Bought by
Leung Edward Cheuk Kwan and Wong Leung Hei Heung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 22, 2001
Sold by
Pulte Home Corp
Bought by
Leung Edward C and Leung Hei Heung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Leung Amanda $850,000 Wfg National Title Insurance C
Leung Edward Cheuk Kwan -- None Available
Leung Edward C $398,844 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leung Amanda $510,000
Previous Owner Leung Edwrad Cheuk $712,500
Previous Owner Leung Edward C $480,000
Previous Owner Leung Edward C $390,000
Previous Owner Leung Edward C $270,000
Source: Public Records

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 $3,461 $60,016 -- --
2024 $3,414 $57,158 -- --
2023 $3,414 $71,710 $14,340 $57,370
2022 $3,208 $56,780 $11,350 $45,430
2021 $3,458 $52,520 $10,500 $42,020
2020 $3,427 $50,630 $10,120 $40,510
2019 $3,323 $48,720 $9,740 $38,980
2018 $3,247 $45,960 $9,190 $36,770
2017 $3,063 $44,800 $8,960 $35,840
2016 $3,002 $45,020 $9,000 $36,020
2015 $2,885 $41,820 $8,360 $33,460
Source: Public Records

Map

Arizona Maricopa County Scottsdale 85259 Shea Corridor

12588 E Mercer Ln, Scottsdale, AZ

Homes for Sale in Scottsdale, AZ

This home is located at 12588 E Mercer Ln, Scottsdale, AZ 85259 and is currently estimated at $1,146,897, approximately $415 per square foot. 12588 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.

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