NOT LISTED FOR SALE

2537 E Mercer Ln Phoenix, AZ 85028

Paradise Valley Neighborhood

Estimated Value: $709,026 - $743,000

4 Beds
2 Baths
1,900 Sq Ft
$378/Sq Ft Est. Value

Last Sold February 07, 2013

Last sale price $272,000 $143 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $4,219/month

47 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • Main Floor Primary Bedroom
  • Desert Cove Elementary School Rated A-
  • Vaulted Ceiling
  • 5-minute walk to Christy Cove Park

About This Home

As of February 2013

NOT A SHORT SALE OR BANK OWNED! LOCATION, LOCATION, LOCATION! AMAZING REMODELED NORTH PHOENIX HOME IN BEAUTIFUL AND HIGHLY DESIRABLE SHEA HEIGHTS SUBDIVISION WITH NO HOA!!! 4 BEDROOMS, 2 BATHROOMS AND 1900 SQUARE FEET MEANS PLENTY OF SPACE. VERY UNIQUE HOME BOASTS LOTS OF SPACE FOR ENTERTAINING, PRIVATE POOL, 2-CAR GARAGE AND OTHER CUSTOM FEATURES INCLUDING NEW GRANITE COUNTERTOPS, STAINLESS STEEL APPLICANCES AND ALL NEW FIXTURES, FLOORING AND PAINT THROUGHOUT HOME. ATTENTION TO DETAIL, GREAT UPGRADES, MODERN AMMENITIES. LOTS OF SPACE. PREMIUM-SIZE LOT. GOOD OLD-FASHIONED, STRAIGHTFORWARD AND TRADITIONAL SALE. DON'T WAIT, THIS PROPERTY WILL NOT LAST LONG!! BRING US YOUR BEST OFFER TODAY!

Last Agent to Sell the Property

Guillermo Brewer

Realty ONE Group License #BR581852000 Listed on: 11/24/2012

Last Buyer's Agent

Nancy Morris

Arizona Best Real Estate License #BR006116000

Arizona Best Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,878

Year Built

  • Built in 1973

Lot Details

  • 10,297 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Private Pool
  • Covered patio or porch

Schools

  • Desert Cove Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Shea Heights Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 137
  • Assessor Parcel Number 166-30-141

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,878

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Cross Street: SHEA & 24TH STREET
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2012
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2012
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2012
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2012
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1973
  • Tax Year: 2011
  • Directions: NORTH ON 24TH STREET, EAST ON MERCER TO PROPERTY ON SOUTH SIDE OF STREET.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: SHEA HEIGHTS
  • Efficiency: Multi-Pane Wndws
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1900.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Desert Back, Desert Front
  • Pool Features: Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: None
  • Home Warranty: Yes
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Desert Cove Elementary School
  • High School: Shadow Mountain High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10297.0
  • Parcel #: 166-30-141
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 1878.0
  • Tax Book Number: 166.00
  • Tax Lot: 137
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2020
Sold by
Marks Randy S and Marks Danielle Danielle
Bought by
Marks Randall S and Marks Danielle Danielle
Current Estimated Value
$719,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$358,980
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$325,774

Purchase Details

Closed on
Feb 28, 2020
Sold by
Marks Randall S
Bought by
Marks Randy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,430
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 24, 2012
Closed on
Feb 1, 2013
Sold by
Pgi Ariozona Invesytments Llc
Bought by
Marks Randall S
Seller's Agent
Guillermo Brewer
Realty ONE Group
Buyer's Agent
Nancy Morris
Arizona Best Real Estate
List Price
$274,900
Sold Price
$272,000
Premium/Discount to List
-$2,900
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$258,400
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2012
Closed on
Sep 14, 2012
Sold by
Sorahan Nadine M
Bought by
Pgi Az Investments Llc
Seller's Agent
Timothy Risley
Heritage Success Realty LLC
Buyer's Agent
Alberto Garcia
Fulton Home Sales Corporation
List Price
$195,000
Sold Price
$186,500
Premium/Discount to List
-$8,500
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
193.94%

Purchase Details

Closed on
Sep 17, 2003
Sold by
Sorahan Jack S and Sorohan Nadine M
Bought by
Sorahan Nadine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
5.72%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Marks Randall S -- Clear Title Agency Of Az
Marks Randy S -- Title365
Marks Randall S $272,000 Equity Title Agency Inc
Pgi Az Investments Llc $186,500 First American Title Ins Co
Sorahan Nadine M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marks Randall S $400,000
Closed Marks Randy S $344,430
Closed Marks Randall S $344,000
Closed Marks Randall S $258,400
Previous Owner Sorahan Nadine M $69,468
Previous Owner Sorahan Nadine M $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2013 02/07/13 Sold $272,000 -1.0% $143 / Sq Ft
01/10/2013 01/10/13 Pending -- -- --
12/03/2012 12/03/12 Price Changed $274,800 0.0% $145 / Sq Ft
11/24/2012 11/24/12 For Sale $274,900 +47.4% $145 / Sq Ft
10/04/2012 10/04/12 Sold $186,500 -4.4% $98 / Sq Ft
09/14/2012 09/14/12 Pending -- -- --
09/10/2012 09/10/12 For Sale $195,000 -- $103 / 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 $2,559 $26,708 -- --
2024 $2,603 $25,436 -- --
2023 $2,603 $44,180 $8,830 $35,350
2022 $2,577 $35,670 $7,130 $28,540
2021 $2,947 $31,100 $6,220 $24,880
2020 $2,142 $30,610 $6,120 $24,490
2019 $2,151 $27,570 $5,510 $22,060
2018 $2,073 $24,920 $4,980 $19,940
2017 $1,934 $24,260 $4,850 $19,410
2016 $1,904 $24,110 $4,820 $19,290
2015 $1,766 $22,070 $4,410 $17,660
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Guillermo Brewer

    Realty One Group

  • Nancy Morris

    Buyer's Agent in 2013

    Nancy Morris

    Arizona Best Real Estate

    (480) 529-1803

    Nancy Morris
    Section Image
  • Timothy Risley

    Seller's Agent in 2012

    Timothy Risley

    Heritage Success Realty LLC

    (480) 329-9060

    8 in this area

    66 Total Sales

    Timothy Risley
    Section Image

  • A

    Buyer's Agent in 2012

    Alberto Garcia

    Fulton Home Sales Corporation

    (480) 753-6789

    86 Total Sales

    Alberto Garcia
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4853970

Arizona Regional Multiple Listing Service (ARMLS)

APN: 166-30-141

Arizona Maricopa County Phoenix 85028 Paradise Valley

2537 E Mercer Ln, Phoenix, AZ

This home is located at 2537 E Mercer Ln, Phoenix, AZ 85028 since 24 November 2012 and is currently estimated at $719,007, approximately $378 per square foot. This property was built in 1973. 2537 E Mercer Ln is a home located in Maricopa County with nearby schools including Desert Cove Elementary School, Shea Middle School, and Shadow 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

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