Seller's Agent in 2025
Sara Turner
Real Broker
(480) 577-9859
2 in this area
25 Total Sales
1402 W Mercer Ln Phoenix, AZ 85029
North Mountain Village Neighborhood
--
Bed
--
Bath
560
Sq Ft
1984
Built
About This Home
As of September 2025Investment's Delight! Low maintenance triplex located near the foothills of Shaw Butte! Property has great hills views, and
This property features one 2 bedroom/1 bath unit, one 1 bedroom/1 bath unit, 1 studio, and 2 laundry rooms. All 3 units have separate Electrical & Gas meters. Property has great potential and could be a great addition to your portfolio, or live in one and rent out the others. Must see property!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $752
Year Built
- Built in 1984
Home Design
- Block Exterior
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
Utilities
- Heating System Uses Natural Gas
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Tax Lot 13
- Assessor Parcel Number 159-15-013
Community Details
Overview
- 3 Units
- Building Dimensions are 134.11 x 57.86 x 134.07 x 58.69
- Mercer Heights Subdivision
Building Details
- Operating Expense $752
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2025
Closed on
Aug 11, 2025
Sold by
Sfr Rs Owner Lp
Bought by
Chavira Diego
Seller's Agent
Sara Turner
Real Broker
Buyer's Agent
Paul Mosley
Epique Realty
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%
Views
78
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-59.52%
Original Mortgage
$333,841
Outstanding Balance
$333,492
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$413
Purchase Details
Closed on
Jan 28, 2025
Sold by
Star 2021-Sfr2 Borrower Lp
Bought by
Sfr Rs Owner Lp
Purchase Details
Closed on
Dec 14, 2021
Sold by
Rs Phoenix Owner 2 Lp
Bought by
Star 2021 Sfr2 Borrower Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,412,980
Interest Rate
3.11%
Mortgage Type
Commercial
Purchase Details
Listed on
Nov 5, 2019
Closed on
Nov 22, 2019
Sold by
Booza Llc
Bought by
Rs Phoenix Owner 2 Lp
Seller's Agent
Joseph Willets
Grace CRE
Buyer's Agent
Corey Wilson
HomeSmart
List Price
$310,000
Sold Price
$290,000
Premium/Discount to List
-$20,000
-6.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.47%
Purchase Details
Listed on
May 9, 2017
Closed on
Jun 28, 2017
Sold by
Salamy Raymond Christopher
Bought by
Booza Llc
Seller's Agent
Travis Smith
My Home Group Real Estate
Buyer's Agent
tooraj Bakhtiari
RE/MAX Excalibur
List Price
$209,999
Sold Price
$209,999
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.08%
Original Mortgage
$157,499
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 6, 2017
Sold by
Ggb Enterprises Llc
Bought by
Maxton Oil & Gas Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.19%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 4, 2015
Sold by
Nueva Empresa Holdings Llc
Bought by
Mccala Kit
Purchase Details
Closed on
Sep 14, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Morneau Diana and Muzyk Lisa
Purchase Details
Closed on
Jul 14, 2009
Sold by
Aurora Loan Services Llc
Bought by
Federal Home Loan Mortgage Corp
Purchase Details
Closed on
Jun 30, 2009
Sold by
Wilhoit Daniel
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Apr 20, 2007
Sold by
Rothert Farms Co
Bought by
Wilhoit Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 27, 2006
Sold by
Kalina Larry
Bought by
Rothert Farms Co
Purchase Details
Closed on
Dec 10, 2002
Sold by
Ivie Ronald
Bought by
Kalina Larry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
5.85%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $340,000 | Stewart Title | |
| Special Warranty Deed | -- | Stewart Title | |
| Warranty Deed | -- | Accommodation | |
| Warranty Deed | $290,000 | Premier Title Agency | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | First Arizona Title Agency L | |
| Warranty Deed | $135,000 | First Arizona Title Agency | |
| Cash Sale Deed | $120,000 | First Arizona Title Agency | |
| Cash Sale Deed | $115,000 | Driggs Title Agency Inc | |
| Cash Sale Deed | $105,000 | Accommodation | |
| Special Warranty Deed | -- | None Available | |
| Corporate Deed | -- | Servicelink | |
| Trustee Deed | $65,000 | Servicelink | |
| Warranty Deed | $215,000 | Premier Title Group Maricopa | |
| Cash Sale Deed | $159,900 | Capital Title Agency Inc | |
| Warranty Deed | $97,000 | Capital Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $333,841 | FHA | |
| Previous Owner | $256,412,980 | Commercial | |
| Previous Owner | $157,499 | New Conventional | |
| Previous Owner | $120,000 | Commercial | |
| Previous Owner | $133,000 | Purchase Money Mortgage | |
| Previous Owner | $77,600 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | Sold | $340,000 | -1.4% | $607 / Sq Ft |
| 09/02/2025 09/02/25 | Price Changed | $345,000 | 0.0% | $616 / Sq Ft |
| 08/12/2025 08/12/25 | Price Changed | $345,000 | 0.0% | $616 / Sq Ft |
| 07/11/2025 07/11/25 | Pending | -- | -- | -- |
| 07/02/2025 07/02/25 | Price Changed | $345,000 | -8.0% | $616 / Sq Ft |
| 06/25/2025 06/25/25 | For Sale | $375,000 | 0.0% | $670 / Sq Ft |
| 06/18/2025 06/18/25 | Pending | -- | -- | -- |
| 06/13/2025 06/13/25 | For Sale | $375,000 | 0.0% | $670 / Sq Ft |
| 06/06/2025 06/06/25 | Pending | -- | -- | -- |
| 05/21/2025 05/21/25 | For Sale | $375,000 | 0.0% | $670 / Sq Ft |
| 05/06/2025 05/06/25 | Pending | -- | -- | -- |
| 03/05/2025 03/05/25 | For Sale | $375,000 | +29.3% | $670 / Sq Ft |
| 12/10/2019 12/10/19 | Sold | $290,000 | -6.5% | $518 / Sq Ft |
| 11/11/2019 11/11/19 | Pending | -- | -- | -- |
| 11/02/2019 11/02/19 | For Sale | $310,000 | +47.6% | $554 / Sq Ft |
| 06/29/2017 06/29/17 | Sold | $209,999 | 0.0% | $375 / Sq Ft |
| 05/25/2017 05/25/17 | Pending | -- | -- | -- |
| 05/09/2017 05/09/17 | For Sale | $209,999 | -- | $375 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $766 | $6,265 | -- | -- |
| 2024 | $752 | $5,967 | -- | -- |
| 2023 | $752 | $24,900 | $4,980 | $19,920 |
| 2022 | $728 | $17,060 | $3,410 | $13,650 |
| 2021 | $737 | $15,620 | $3,120 | $12,500 |
| 2020 | $719 | $14,300 | $2,860 | $11,440 |
| 2019 | $706 | $11,800 | $2,360 | $9,440 |
| 2018 | $687 | $11,200 | $2,240 | $8,960 |
| 2017 | $684 | $9,360 | $1,870 | $7,490 |
| 2016 | $671 | $10,800 | $2,160 | $8,640 |
| 2015 | $622 | $8,970 | $1,790 | $7,180 |
Source: Public Records
Agents Affiliated with this Home
-
Sara Turner
-
Paul Mosley
Buyer's Agent in 2025
Paul Mosley
Epique Realty
(928) 208-8129
5 in this area
191 Total Sales
-
J
Seller's Agent in 2019
Joseph Willets
Grace CRE
-
C
Buyer's Agent in 2019
Corey Wilson
HomeSmart
-
Travis Smith
Seller's Agent in 2017
Travis Smith
My Home Group Real Estate
(623) 237-2388
1 in this area
68 Total Sales
-
Kjersten Smith
K
Seller Co-Listing Agent in 2017
Kjersten Smith
My Home Group Real Estate
(480) 685-2760
39 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6830357
APN: 159-15-013
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.
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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