$448,365 - $511,000
RENTED MAY 3, 2025

25778 N 142nd Ln Surprise, AZ 85387

5 Beds
3 Baths
2,299 Sq Ft
$206 Price per Sq Ft

Highlights

  • Mountain View
  • Granite Countertops
  • Covered Patio or Porch
  • Willow Canyon High School Rated A-
  • Pickleball Courts
  • Eat-In Kitchen

About This Home

As of May 2025

This is 2 story, new home, has a desirable open floor plan, eat-in kitchen, includes all appliances including, washer/dryer, oven, microwave oven, refrigerator, and dishwasher. It has 5-Beds / 3-Baths / 2-Car Garage / is 2299 sq'. Master Bedroom has its own separate heating/cooling system. This property also comes with a Tankless Water Heater, and plenty of storage throughout. Window blinds on most all windows

Last Agent to Rent the Property

Kamini Kalra

West USA Realty License #SA699360000 Listed on: 04/15/2025

West USA Realty

Last Renter's Agent

Jami Tadda

West USA Realty License #SA545526000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,441

Year Built

  • Built in 2022

Lot Details

  • 4,634 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Cellulose Insulation
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,299 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Carpet
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Asante Preparatory Academy Elementary And Middle School
  • Willow Canyon High School

Utilities

  • Cooling Available
  • Heating Available
  • Tankless Water Heater
  • Water Softener

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Covered Patio or Porch

Listing and Financial Details

  • Property Available on 5/5/25
  • $50 Move-In Fee
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 662
  • Assessor Parcel Number 503-69-534

Community Details

Overview

  • Property has a Home Owners Association
  • Rancho Mercado Association, Phone Number (602) 437-4777
  • Built by Taylor Morrison
  • Rancho Mercado Parcel A16 Subdivision

Recreation

  • Pickleball Courts
  • Racquetball
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,441

Year Built

Built in 2022

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: None
  • Available Date: 2025-05-05

Listing Details

  • Cross Street: Happy Valley and Rancho Mercado Parkway
  • Legal Info Range: 1W
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2022
  • Rental Info H O A Fee Paid Freq: Monthly
  • Rental Info H O A Name: Rancho Mercado
  • Non Assistive Animals: Lessor Approval
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: RANCHO MERCADO PARCEL A16
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Construction:Wood Frame: Yes
  • Community Features:Pickleball: Yes
  • Water Source City Water2: Yes
  • Const - Finish Wood Siding: Yes
  • Community Features Racquetball: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2299.0
  • Stories: 2
  • Window Features: Dual Pane, ENERGY STAR Qualified Windows
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Natural Desert Front
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Siding, Wood Frame, Blown Cellulose, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction:Blown Cellulose: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: ENERGY STAR Qualified Equipment, Electric
  • Laundry Features: Dryer Included, Washer Included, Upper Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Racquetball, Pickleball, Biking/Walking Path
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Mercado
  • Phone: 602-437-4777
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Asante Preparatory Academy
  • High School: Willow Canyon High School
  • Junior High Dist: Dysart Unified District
  • Middle Or Junior School: Asante Preparatory Academy

Lot Info

  • Lot Size Sq Ft: 4634.0
  • Parcel #: 503-69-534

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Taylor Morrison

Tax Info

  • Tax Book Number: 503.00
  • Tax Lot: 662
  • Tax Map Number: 69.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2022
Sold by
William Lyon Homes
Bought by
Arora Rakesh and Kalra Kamini
Current Estimated Value
$472,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,394
Outstanding Balance
$380,897
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$91,694

Purchase Details

Closed on
Jan 27, 2022
Sold by
Brookfield Holdings Mercado Llc
Bought by
William Lyon Homes Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Arora Rakesh $416,204 Inspired Title Services Llc
William Lyon Homes -- Inspired Title Services Llc
William Lyon Homes Inc $2,408,409 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arora Rakesh $395,394
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2025 05/03/25 Rented $2,500 0.0% --
05/02/2025 05/02/25 Under Contract -- -- --
04/15/2025 04/15/25 For Rent $2,500 -- --
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 $1,441 $18,653 -- --
2024 $126 $17,765 -- --
2023 $126 $3,135 $3,135 $0
2022 $157 $2,640 $2,640 $0
2021 $96 $1,500 $1,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6852133

Arizona Regional Multiple Listing Service (ARMLS)

APN: 503-69-534