Seller's Agent in 2021
Nolan Rucker
eXp Realty
(480) 390-1244
4 in this area
238 Total Sales
1552 W Mercer Ln Phoenix, AZ 85029
North Mountain Village Neighborhood
--
Bed
--
Bath
3,227
Sq Ft
5,053
Sq Ft Lot
Highlights
- Heated Community Pool
- Community Playground
- Carpet
- Sunnyslope High School Rated A
- Central Heating and Cooling System
About This Home
As of December 2021Need full priced cash offer today! List price is approved by lender. Second lienholder has approved. Hurry so we can get this done. Short sale in well maintained community w/community pool. Spacious 2BR, 2BA, 807SF apartments w/fireplace, washer/dryer hookups, dishwasher, disposal & fridge. Upstairs units have balcony, downstairs have a yard w/patio, 2 units rented-#3 @ $499, exp 9/31/13, #4 @ $499, exp 5/31/14. 1 unit water damaged from plumbing leak from upstairs unit. (Leak was repaired) 1 unit all ceramic tile, needs paint and minor repairs to be made rent ready. Lot is 5032SF. HOA $400 monthly per building, covers common area insurance, yard, pool, ext paint, parking lot & trash. Owner pays water. Tenants pay electric. Sold as is-no repairs. Buyer to turn on electric in vacant units.
Last Agent to Sell the Property
1st Southwest Realty, LLC License #BR529524000 Listed on: 06/27/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,293
Year Built
- Built in 1984
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Parking
- 1 Open Parking Space
- 5 Parking Spaces
- Carport
- Over 1 Space Per Unit
- Assigned Parking
Schools
- Washington Elementary School
- Mountain View Middle School
Additional Features
- Carpet
- Central Heating and Cooling System
Listing and Financial Details
- The owner pays for water
- Tax Lot 6
- Assessor Parcel Number 159-14-072
Community Details
Overview
- 4 Units
- Building Dimensions are 4415
- Muy Felices Casas Subdivision
Recreation
- Community Playground
- Heated Community Pool
Building Details
- Operating Expense $9,809
- Gross Income $17,964
- Net Operating Income $10,435
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2021
Closed on
Dec 7, 2021
Sold by
Wang Xiaomao
Bought by
Udomratsak Prinya and Udomratsak Irene
Seller's Agent
Nolan Rucker
eXp Realty
Buyer's Agent
Joel Leathers
Keller Williams Arizona Realty
List Price
$700,000
Sold Price
$750,000
Premium/Discount to List
$50,000
7.14%
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
$24,693
Avg. Annual Appreciation
0.85%
Purchase Details
Listed on
Jun 27, 2013
Closed on
Sep 18, 2013
Sold by
Dow Brian Keith
Bought by
Wang Xiaomao
Seller's Agent
Pat Hune
1st Southwest Realty, LLC
Buyer's Agent
Jay Martinez
Luxe Real Estate Group
List Price
$149,900
Sold Price
$146,000
Premium/Discount to List
-$3,900
-2.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.06%
Original Mortgage
$102,200
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 27, 2013
Closed on
Sep 17, 2013
Sold by
Qian Hong
Bought by
Wang Xiaomao
Seller's Agent
Pat Hune
1st Southwest Realty, LLC
Buyer's Agent
Jay Martinez
Luxe Real Estate Group
List Price
$149,900
Sold Price
$146,000
Premium/Discount to List
-$3,900
-2.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,200
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 23, 2004
Sold by
Dow Anna M
Bought by
Dow Brian Keith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,950
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 22, 2004
Sold by
Meginness Greg
Bought by
Ercolano Dean and Ercolano Carol P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 20, 2003
Sold by
Otu Godwin and Otu Mary B
Bought by
Meginness Greg
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 5, 2003
Sold by
Filomeno Rosella
Bought by
Menginness Greg
Purchase Details
Closed on
Feb 1, 1999
Sold by
Windward Development Company
Bought by
Otu Godwin and Otu Mary B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
6.76%
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 |
|---|---|---|---|
| Warranty Deed | $750,000 | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $146,000 | None Available | |
| Interfamily Deed Transfer | -- | Sonoran Title Services Inc | |
| Interfamily Deed Transfer | -- | Notrh American Title Co | |
| Warranty Deed | $290,000 | North American Title Co | |
| Warranty Deed | $225,000 | Nations Title Agency Of Az | |
| Warranty Deed | $200,000 | Capital Title Agency Inc | |
| Interfamily Deed Transfer | -- | Capital Title Agency Inc | |
| Warranty Deed | $157,500 | Grand Canyon Title Agency In |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $102,200 | New Conventional | |
| Previous Owner | $102,200 | New Conventional | |
| Previous Owner | $28,950 | Credit Line Revolving | |
| Previous Owner | $232,000 | Purchase Money Mortgage | |
| Previous Owner | $80,000 | New Conventional | |
| Previous Owner | $160,000 | Purchase Money Mortgage | |
| Previous Owner | $141,300 | New Conventional | |
| Closed | $33,750 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/03/2021 12/03/21 | Sold | $750,000 | +7.1% | $232 / Sq Ft | View Prior Sale |
| 11/15/2021 11/15/21 | Pending | -- | -- | -- | |
| 11/05/2021 11/05/21 | For Sale | $700,000 | +379.5% | $217 / Sq Ft | |
| 09/20/2013 09/20/13 | Sold | $146,000 | -2.6% | $45 / Sq Ft | |
| 08/12/2013 08/12/13 | Pending | -- | -- | -- | |
| 06/27/2013 06/27/13 | For Sale | $149,900 | -- | $46 / 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 | $1,810 | $14,799 | -- | -- |
| 2024 | $1,777 | $14,094 | -- | -- |
| 2023 | $1,777 | $48,060 | $9,610 | $38,450 |
| 2022 | $1,719 | $30,630 | $6,120 | $24,510 |
| 2021 | $1,741 | $25,380 | $5,070 | $20,310 |
| 2020 | $1,698 | $22,680 | $4,530 | $18,150 |
| 2019 | $1,667 | $18,660 | $3,730 | $14,930 |
| 2018 | $1,623 | $15,820 | $3,160 | $12,660 |
| 2017 | $1,615 | $15,510 | $3,100 | $12,410 |
| 2016 | $1,585 | $14,400 | $2,880 | $11,520 |
| 2015 | $1,468 | $14,250 | $2,850 | $11,400 |
Source: Public Records
Agents Affiliated with this Home
-
Nolan Rucker
-
J
Seller Co-Listing Agent in 2021
Jessica Curtis
Elite Partners
-
Joel Leathers
Buyer's Agent in 2021
Joel Leathers
Keller Williams Arizona Realty
(626) 824-7138
1 in this area
55 Total Sales
-
Pat Hune
Seller's Agent in 2013
Pat Hune
1st Southwest Realty, LLC
(480) 703-1976
59 Total Sales
-
Jay Martinez
Buyer's Agent in 2013
Jay Martinez
Luxe Real Estate Group
(602) 369-7450
2 in this area
62 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 4959008
APN: 159-14-072
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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