A
Seller's Agent in 2019
Angela Johnson
Bullseye Property Management, LLC
(480) 570-5186
1 in this area
26 Total Sales
1540 W Mercer Ln Phoenix, AZ 85029
North Mountain Village NeighborhoodEstimated Value: $590,000 - $743,000
--
Bed
--
Bath
3,227
Sq Ft
$199/Sq Ft
Est. Value
Highlights
- Heated Community Pool
- Cooling Available
- Heating Available
- Sunnyslope High School Rated A
About This Home
As of November 2019Great investment opportunity!!! All units are 2 bed, 2 bath with fireplace and washer/dryer in each unit! Bottom 2 units have backyards and all 4 have storage rooms in the back of each unit! 8 total parking spaces - 4 covered and 4 uncovered. 3 of 4 units are on active lease. 4th is owner occupied and can quickly be put into lease for at least $850. All units are very clean and easy to rent. Please do NOT disturb tenants. Drive by only. Once under contract access will be arranged for inspection.
Last Agent to Sell the Property
Bullseye Property Management, LLC License #SA646383000 Listed on: 09/30/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,671
Year Built
- Built in 1984
Lot Details
- 5,184
Home Design
- Wood Frame Construction
- Tile Roof
- Built-Up Roof
- Stucco
Parking
- 8 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
- Paved Parking
- Assigned Parking
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water
- Tax Lot 8
- Assessor Parcel Number 159-14-074
Community Details
Overview
- 4 Units
- Building Dimensions are 5180
- Muy Felices Casas Lt 1 20 Tr A G Subdivision
Recreation
- Heated Community Pool
Building Details
- Operating Expense $10,715
- Gross Income $42,120
- Net Operating Income $33,076
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2019
Closed on
Oct 18, 2019
Sold by
Guzman Adrian
Bought by
Sink Craig and Sink Shelby
Seller's Agent
Angela Johnson
Bullseye Property Management, LLC
Buyer's Agent
Tina Lee Schoenborn
ProSmart Realty
List Price
$389,900
Sold Price
$396,000
Premium/Discount to List
$6,100
1.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,320
Avg. Annual Appreciation
8.54%
Purchase Details
Closed on
Sep 20, 2017
Sold by
Fs Homes Llc
Bought by
Guzman Adrian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,834
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 17, 2015
Sold by
Bonfante Jason
Bought by
Fs Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
3.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 8, 2015
Sold by
Bonfante Michele and Bonfante Jason
Bought by
Bonfante Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
3.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 7, 2015
Sold by
Azre Investments Lil Llc
Bought by
Bonfante Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
3.71%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 20, 2014
Closed on
Jul 19, 2014
Sold by
Brenkdav Enterprises Llc
Bought by
Azre Investments Iii Llc
Seller's Agent
Frank Boyd
Realty Executives Arizona Territory
Buyer's Agent
Justin Thorstad
Libertas Real Estate
List Price
$182,500
Sold Price
$169,500
Premium/Discount to List
-$13,000
-7.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.63%
Purchase Details
Closed on
Aug 29, 2012
Sold by
Britt Enterprises Llc
Bought by
Brenkdav Enterprises Llc
Purchase Details
Closed on
Dec 21, 2011
Sold by
Britt Enterprises Llc
Bought by
Brenkdav Enterprises Llc
Purchase Details
Closed on
Feb 27, 2009
Sold by
Ez Homes Inc
Bought by
Britt Enterprises Llc and Brenke Investments Llc
Purchase Details
Closed on
Feb 20, 2009
Sold by
Smith Gary and Smith Sylvia
Bought by
Ez Homes
Purchase Details
Closed on
Nov 22, 2005
Sold by
Shioda Takeshi and Shioda Shoko
Bought by
Smith Gary and Smith Sylvia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
3%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Feb 12, 2004
Sold by
Grabauskas Gary S
Bought by
Shioda Takeshi and Shioda Shoko
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
4.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 24, 2002
Sold by
Rowe Kevin R
Bought by
Grabauskas Gary S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,700
Interest Rate
6.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 24, 1998
Sold by
Windward Development Company Inc
Bought by
Rowe Kevin R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
6.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 20, 1994
Sold by
Mann Frank Daniels and Roberts Helen M
Bought by
Windward Development Company Inc
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sink Craig | $396,000 | Old Republic Title Agency | |
| Guzman Adrian | $230,000 | Fidelity National Title Agen | |
| Fs Homes Llc | -- | Fidelity Natl Title Agency | |
| Bonfante Jason | -- | Fidelity Natl Title Agency | |
| Bonfante Jason | $184,000 | Fidelity Natl Title Agency | |
| Azre Investments Iii Llc | $169,500 | Lawyers Title Of Arizona Inc | |
| Brenkdav Enterprises Llc | -- | None Available | |
| Brenkdav Enterprises Llc | -- | None Available | |
| Britt Enterprises Llc | -- | None Available | |
| Ez Homes | $102,896 | None Available | |
| Smith Gary | $359,000 | Ticor Title Agency Of Az Inc | |
| Shioda Takeshi | $225,000 | Title Partners Of Phoenix Ll | |
| Grabauskas Gary S | $195,500 | First American Title Ins Co | |
| Rowe Kevin R | $157,500 | Nations Title Insurance | |
| Windward Development Company Inc | $80,000 | Transamerica Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Guzman Adrian | $225,834 | |
| Previous Owner | Bonfante Jason | $138,000 | |
| Previous Owner | Smith Gary | $287,200 | |
| Previous Owner | Shioda Takeshi | $146,250 | |
| Previous Owner | Grabauskas Gary S | $185,700 | |
| Previous Owner | Rowe Kevin R | $141,750 | |
| Closed | Smith Gary | $35,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2019 11/05/19 | Sold | $396,000 | +1.6% | $123 / Sq Ft |
| 09/30/2019 09/30/19 | For Sale | $389,900 | +130.0% | $121 / Sq Ft |
| 07/23/2014 07/23/14 | Sold | $169,500 | -7.1% | $53 / Sq Ft |
| 06/23/2014 06/23/14 | Pending | -- | -- | -- |
| 04/20/2014 04/20/14 | For Sale | $182,500 | -- | $57 / 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 | $1,815 | $14,837 | -- | -- |
| 2024 | $1,782 | $14,131 | -- | -- |
| 2023 | $1,782 | $48,210 | $9,640 | $38,570 |
| 2022 | $1,724 | $30,730 | $6,140 | $24,590 |
| 2021 | $1,746 | $25,500 | $5,100 | $20,400 |
| 2020 | $1,702 | $22,770 | $4,550 | $18,220 |
| 2019 | $1,671 | $18,710 | $3,740 | $14,970 |
| 2018 | $1,627 | $15,860 | $3,170 | $12,690 |
| 2017 | $1,619 | $15,530 | $3,100 | $12,430 |
| 2016 | $1,590 | $14,430 | $2,880 | $11,550 |
| 2015 | $1,472 | $14,280 | $2,850 | $11,430 |
Source: Public Records
Agents Affiliated with this Home
-
Angela Johnson
-
Nick Stratton
N
Seller Co-Listing Agent in 2019
Nick Stratton
Bullseye Property Management, LLC
(480) 907-9050
1 in this area
14 Total Sales
-
Tina Lee Schoenborn
Buyer's Agent in 2019
Tina Lee Schoenborn
ProSmart Realty
(602) 909-9539
41 Total Sales
-
T
Buyer's Agent in 2019
Tina Harrison
ProSmart Realty
-
Frank Boyd
Seller's Agent in 2014
Frank Boyd
Realty Executives
(602) 686-5492
46 Total Sales
-
Justin Thorstad
Buyer's Agent in 2014
Justin Thorstad
Libertas Real Estate
(602) 348-8534
22 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5985126
APN: 159-14-074
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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