2525 E Mercer Ln Phoenix, AZ 85028
Paradise Valley Neighborhood
4
Beds
3
Baths
2,260
Sq Ft
0.25
Acres
Highlights
- Private Pool
- Two Primary Bathrooms
- Granite Countertops
- Desert Cove Elementary School Rated A-
- Vaulted Ceiling
- 4-minute walk to Christy Cove Park
About This Home
As of April 2023Become the proud owner of this charming 4-bed, 3-bath residence in Shea Heights! You'll find a welcoming courtyard & a 2-car garage w/ an extended driveway. Discover a lovely interior showcasing a living room w/ vaulted ceilings, exposed beams, & wood-look flooring. Create lasting memories in the family room w/ an inviting fireplace. The impeccable eat-in kitchen features granite counters, wood cabinets, skylights, stylish mosaic backsplash, sleek SS appliances, & an island w/ a breakfast bar. Two primary bedrooms include backyard access & private bathroom w/ dual sinks & a soaking tub. Have a wonderful time w/ loved ones in the backyard, offering an extended covered patio, built-in BBQ, fragrant citrus trees, & recently upgraded sparkling pool. Don't miss this rare gem!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,417
Year Built
- Built in 1973
Lot Details
- 0.25 Acre Lot
- Block Wall Fence
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
Home Design
- Roof Updated in 2022
- Tile Roof
- Foam Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,260 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Double Pane Windows
- Solar Screens
- Family Room with Fireplace
- Tile Flooring
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Kitchen Island
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- Remodeled Bathroom
- Two Primary Bathrooms
- 3 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Pool
- Pool Updated in 2022
- Private Pool
- Fence Around Pool
- Diving Board
Outdoor Features
- Covered patio or porch
- Built-In Barbecue
Schools
- Desert Cove Elementary School
- Shea Middle School
- Shadow Mountain High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Plumbing System Updated in 2022
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include no fees
- Shea Heights Subdivision
Listing and Financial Details
- Tax Lot 139
- Assessor Parcel Number 166-30-143-A
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2023
Closed on
Apr 7, 2023
Sold by
Carr Daniel L
Bought by
Briggs Alexander Reed and Briggs Sarah
Seller's Agent
Sharon Stropka
HomeSmart
Buyer's Agent
Erica Decker
HomeSmart
List Price
$749,500
Sold Price
$715,000
Premium/Discount to List
-$34,500
-4.6%
Views
38
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
$93,650
Avg. Annual Appreciation
4.03%
Original Mortgage
$647,075
Outstanding Balance
$632,126
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$151,903
Purchase Details
Closed on
May 10, 2021
Sold by
Carr Daniel L
Bought by
Carr Daniel L and Castro Cheryl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,500
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 11, 2019
Closed on
Sep 20, 2019
Sold by
Fendell Tiffany and Lowery Tiffany
Bought by
Carr Daniel L
Seller's Agent
Stephen Arnold
HomeSmart
Buyer's Agent
Charles Zeeb
Goddes Homes
List Price
$425,000
Sold Price
$424,000
Premium/Discount to List
-$1,000
-0.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%
Original Mortgage
$402,800
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 12, 2006
Sold by
Lowery M Zunanne
Bought by
Lowery Tiffany
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.28%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 14, 2002
Sold by
Brelsford Julie A
Bought by
Lowery M Suzanne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
6.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 30, 2001
Sold by
Olley Kenneth John
Bought by
Brelsford Julie A
Purchase Details
Closed on
Aug 27, 1999
Sold by
Brelsford Julie A
Bought by
Brelsford Julie A and Olley Kenneth John
Purchase Details
Closed on
Oct 31, 1995
Sold by
Crawford Colleen and Burchett Brenda
Bought by
Brelsford Julie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,300
Interest Rate
7.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 6, 1994
Sold by
Simmons Scott M and Simmons Angela C
Bought by
Crawford Colleen and Burchett Brenda
Similar Homes in Phoenix, AZ
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 | $715,000 | Driggs Title Agency | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $424,000 | Equity Title Agency Inc | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $212,000 | Security Title Agency | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $142,500 | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $130,000 | United Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $647,075 | New Conventional | |
| Previous Owner | $493,500 | New Conventional | |
| Previous Owner | $493,500 | New Conventional | |
| Previous Owner | $70,000 | Stand Alone Second | |
| Previous Owner | $405,000 | New Conventional | |
| Previous Owner | $403,000 | New Conventional | |
| Previous Owner | $402,800 | New Conventional | |
| Previous Owner | $345,000 | Unknown | |
| Previous Owner | $270,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $205,000 | Unknown | |
| Previous Owner | $169,600 | New Conventional | |
| Previous Owner | $135,300 | New Conventional | |
| Closed | $31,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2023 04/07/23 | Sold | $715,000 | -2.0% | $316 / Sq Ft |
| 03/08/2023 03/08/23 | Price Changed | $729,500 | -2.7% | $323 / Sq Ft |
| 02/14/2023 02/14/23 | For Sale | $749,500 | +76.8% | $332 / Sq Ft |
| 09/26/2019 09/26/19 | Sold | $424,000 | 0.0% | $190 / Sq Ft |
| 08/11/2019 08/11/19 | Pending | -- | -- | -- |
| 08/02/2019 08/02/19 | Price Changed | $424,000 | -0.2% | $190 / Sq Ft |
| 07/01/2019 07/01/19 | For Sale | $425,000 | 0.0% | $191 / Sq Ft |
| 06/05/2019 06/05/19 | Pending | -- | -- | -- |
| 05/30/2019 05/30/19 | Price Changed | $425,000 | -1.1% | $191 / Sq Ft |
| 05/23/2019 05/23/19 | For Sale | $429,900 | +1.4% | $193 / Sq Ft |
| 05/20/2019 05/20/19 | Off Market | $424,000 | -- | -- |
| 04/11/2019 04/11/19 | For Sale | $429,900 | -- | $193 / 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 | $2,497 | $29,592 | -- | -- |
| 2024 | $2,440 | $28,183 | -- | -- |
| 2023 | $2,440 | $48,750 | $9,750 | $39,000 |
| 2022 | $2,417 | $39,020 | $7,800 | $31,220 |
| 2021 | $2,457 | $34,600 | $6,920 | $27,680 |
| 2020 | $2,373 | $33,820 | $6,760 | $27,060 |
| 2019 | $2,383 | $30,320 | $6,060 | $24,260 |
| 2018 | $2,297 | $28,420 | $5,680 | $22,740 |
| 2017 | $2,102 | $25,310 | $5,060 | $20,250 |
| 2016 | $2,068 | $25,410 | $5,080 | $20,330 |
| 2015 | $1,919 | $23,670 | $4,730 | $18,940 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2023
Sharon Stropka
HomeSmart
(480) 206-8684
11 in this area
19 Total Sales
-
Buyer's Agent in 2023
Erica Decker
HomeSmart
(480) 228-7762
5 in this area
43 Total Sales
-
Seller's Agent in 2019
Stephen Arnold
HomeSmart
(602) 315-1301
3 in this area
8 Total Sales
-
C
Buyer's Agent in 2019
Charles Zeeb
Goddes Homes
(623) 229-5125
2 in this area
12 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6520189
APN: 166-30-143A
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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