NOT LISTED FOR SALE

12925 E Mercer Ln Scottsdale, AZ 85259

Shea Corridor Neighborhood

Estimated Value: $880,000 - $976,000

4 Beds
2.5 Baths
2,494 Sq Ft
$374/Sq Ft Est. Value

Last Sold November 10, 2016

Last sale price $440,000 $176 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $5,157/month

4 Days on Market

Highlights

  • Play Pool
  • Mountain View
  • Granite Countertops
  • Anasazi Elementary School Rated A
  • 1 Fireplace
  • Tennis Courts

About This Home

As of November 2016

Welcome to Rio Montana, with convenient access to top Scottsdale Schools and the acclaimed Basis Charter School nearby. This well appointed 4 bedroom/2.5 bath is situated on a north/south lot. The inviting entry draws you into the comfortable living spaces that are draped in natural light. The kitchen has been updated with painted cabinets, granite counters and tasteful pendant lighting, overlooking the sparkling pool and patio. The bedrooms are upstairs and offer added privacy away from the lower level. The 3 car garage has built in cabinets and a work bench too. This lovingly maintained home has the original owners and it shows!

Last Agent to Sell the Property

Denise Pruitt

Arizona Best Real Estate License #SA531758000 Listed on: 09/20/2016

Arizona Best Real Estate

Last Buyer's Agent

Robert Hassett

Russ Lyon Sotheby's International Realty License #SA029216000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,354

Year Built

  • Built in 1992

Lot Details

  • 7,350 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,494 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Solar Screens
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

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
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire Sprinkler System

Outdoor Features

  • Play Pool
  • Covered Patio or Porch

Schools

  • Anasazi Elementary School
  • Mountainside Middle School
  • Desert Mountain High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 217-20-075

Community Details

Overview

  • Property has a Home Owners Association
  • Aam Assoc Mgt Association, Phone Number (602) 957-9191
  • Built by Ryland
  • Rio Montana Parcels C & D Lot 1 175 Tr A D Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,354

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 130th St & Shea
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 25.28
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1992
  • Tax Year: 2015
  • Directions: N on 130th St to 130th Way. W on 130th Way to 130th Pl. S on 130th Pl to Mercer Ln. W on Mercer Lane to home on the left.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.17
  • Subdivision Name: RIO MONTANA PARCELS C & D LOT 1-175 TR A-D
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 151.7
  • Windows:Dual Pane: Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, Fire Sprinklers, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2494.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: Play Pool, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee Frequency: Semi-Annually
  • Association Name: Rio Montana HOA
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Rio Montana HOA
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM Assoc Mgt
  • Association Fees:HOA Management Phone: 602-957-9191
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7350.0
  • Parcel #: 217-20-075
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Ryland

Tax Info

  • Tax Annual Amount: 2354.0
  • Tax Book Number: 217.00
  • Tax Lot: 59
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2016
Closed on
Sep 27, 2016
Sold by
Lane David C and Lane Linda L
Bought by
Hankins Trevor R and Hankins Falicia K
Seller's Agent
Denise Pruitt
Arizona Best Real Estate
Buyer's Agent
Robert Hassett
Russ Lyon Sotheby's International Realty
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Current Estimated Value
$932,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,504
Avg. Annual Appreciation
8.76%
Original Mortgage
$396,000
Outstanding Balance
$321,313
Interest Rate
3.42%
Mortgage Type
FHA
Estimated Equity
$605,585

Purchase Details

Closed on
Dec 12, 2014
Sold by
Lane David C and Lane Linda L
Bought by
The Lane Family Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hankins Trevor R $440,000 First American Title Ins Co
The Lane Family Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hankins Trevor R $396,000
Previous Owner Lane David C $106,951
Previous Owner Lane David C $75,000
Previous Owner Lane David C $141,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2016 11/10/16 Sold $440,000 -2.2% $176 / Sq Ft
09/24/2016 09/24/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $450,000 -- $180 / 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 $2,794 $48,967 -- --
2024 $2,733 $46,635 -- --
2023 $2,733 $57,010 $11,400 $45,610
2022 $2,601 $43,630 $8,720 $34,910
2021 $2,822 $42,060 $8,410 $33,650
2020 $2,796 $38,980 $7,790 $31,190
2019 $2,711 $38,610 $7,720 $30,890
2018 $2,649 $36,680 $7,330 $29,350
2017 $2,499 $35,250 $7,050 $28,200
2016 $2,450 $34,000 $6,800 $27,200
2015 $2,354 $33,810 $6,760 $27,050
Source: Public Records

Agents Affiliated with this Home

  • Denise Pruitt

    Seller's Agent in 2016

    Denise Pruitt

    Arizona Best Real Estate

    (480) 390-3350

    2 in this area

    86 Total Sales

    Denise Pruitt
    Section Image
  • Robert Hassett

    Buyer's Agent in 2016

    Robert Hassett

    Russ Lyon Sotheby's International Realty

    (602) 750-1000

    1 in this area

    18 Total Sales

    Robert Hassett
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5499848

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-20-075

Arizona Maricopa County Scottsdale 85259 Shea Corridor

12925 E Mercer Ln, Scottsdale, AZ

This home is located at 12925 E Mercer Ln, Scottsdale, AZ 85259 since 20 September 2016 and is currently estimated at $932,504, approximately $373 per square foot. This property was built in 1992. 12925 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

Nearby Homes