NOT LISTED FOR SALE

2702 W Mercer Ln Unit M2702 Phoenix, AZ 85029

North Mountain Village Neighborhood

Estimated Value: $243,000 - $293,000

2 Beds
2 Baths
1,234 Sq Ft
$230/mo HOA Fee

Last Sold January 14, 2022

Last sale price $208,000 $169 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,819/month

4 Days on Market

Highlights

  • Contemporary Architecture
  • Covered patio or porch
  • Carpet
  • Community Pool
  • Central Air
  • Heating Available

About This Home

As of January 2022

72 hour sale and nice 2 bed 2 bath home in need of a little TLC , Please see private remarks

Last Agent to Sell the Property

Ted Benner

Elite Partners License #SA528472000 Listed on: 12/26/2021

Elite Partners

Co-Listed By

David Newman

Elite Partners License #SA646345000

Last Buyer's Agent

Alan Kittelman

Realty Executives License #BR549414000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $880

Year Built

  • Built in 1979

Lot Details

  • 1,307

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 1,234 Sq Ft Home
  • 1-Story Property
  • Electric Cooktop
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 2 Carport Spaces
  • Common or Shared Parking
  • Unassigned Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Lakeview Elementary School
  • Cholla Middle School
  • Moon Valley High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot M2702
  • Assessor Parcel Number 149-17-643

Community Details

Overview

  • Association fees include ground maintenance
  • Lakeview Association, Phone Number (602) 944-3338
  • Built by Affiliated
  • Lakeview Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$880

Year Built

Built in 1979

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Cross Street: 28th Drive & Peoria Avenue
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 230.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1979
  • Tax Year: 2021
  • Directions: North to Mercer Ln (Lakeview community entrance), right on Mercer and follow around to 27ave, north on 27th ave to Desert Cove, right on Desert Cove to unit 2702
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: hagu01
  • Co List Office Phone: 480-998-0110
  • Subdivision Name: LAKEVIEW
  • Architectural Style: Contemporary
  • Efficiency: Other (See Remarks)
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 230.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Other, See Remarks, 3/4 Bath Master Bdrm, Full Bth Master Bdrm
  • Living Area: 1234.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:None42: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes

Exterior Features

  • Fencing: See Remarks
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Other
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Unassigned, Common
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features:Common: Yes
  • Parking Features:Other7: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool
  • Association Fee: 230.0
  • Association Fee Frequency: Monthly
  • Association Name: Lakeview
  • Phone: 602-944-3338
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lakeview
  • Association Fees:HOA Telephone4: 602-944-3338
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Lakeview Elementary School
  • High School: Moon Valley High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Cholla Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1196.0
  • Parcel #: 149-17-643

Building Info

  • Builder Name: Affiliated

Tax Info

  • Tax Annual Amount: 880.0
  • Tax Book Number: 149.00
  • Tax Lot: M2702
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2021
Closed on
Dec 30, 2021
Sold by
Wheelhouse Properties
Bought by
First Mill Llc
Seller's Agent
Ted Benner
Elite Partners
Buyer's Agent
Alan Kittelman
Realty Executives
List Price
$205,000
Sold Price
$208,000
Premium/Discount to List
$3,000
1.46%
Current Estimated Value
$274,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,021
Avg. Annual Appreciation
8.56%
Original Mortgage
$206,000
Outstanding Balance
$191,783
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$86,615

Purchase Details

Listed on
Dec 26, 2021
Closed on
Dec 29, 2021
Sold by
Murtey Michael C
Bought by
Wheelhouse Properties Inc
Seller's Agent
Ted Benner
Elite Partners
Buyer's Agent
Alan Kittelman
Realty Executives
List Price
$205,000
Sold Price
$208,000
Premium/Discount to List
$3,000
1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Outstanding Balance
$191,783
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$86,615

Purchase Details

Closed on
Jul 1, 2016
Sold by
Murtey Ileane and Murtey Michael C
Bought by
Murtey Michael C

Purchase Details

Closed on
Jan 8, 1999
Sold by
Short Johnna C
Bought by
Murtey Michael C and Murtey Ileane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 1995
Sold by
Short Johnna C
Bought by
Short Johnna C

Purchase Details

Closed on
Oct 12, 1994
Sold by
Herrington James D and Herrington Helen A
Bought by
Short Johnna C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
9.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
First Mill Llc $213,000 Lawyers Title
Wheelhouse Properties Inc $208,000 Lawyers Title
Murtey Michael C -- None Available
Murtey Michael C $81,000 Transnation Title Ins Co
Short Johnna C -- --
Short Johnna C $69,500 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open First Mill Llc $206,000
Previous Owner Murtey Michael C $92,000
Previous Owner Murtey Michael C $60,000
Previous Owner Short Johnna C $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $208,000 +1.5% $169 / Sq Ft
12/22/2021 12/22/21 For Sale $205,000 -- $166 / 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 $907 $8,466 -- --
2024 $890 $8,063 -- --
2023 $890 $19,960 $3,990 $15,970
2022 $858 $15,150 $3,030 $12,120
2021 $880 $14,760 $2,950 $11,810
2020 $856 $13,370 $2,670 $10,700
2019 $841 $11,230 $2,240 $8,990
2018 $817 $9,880 $1,970 $7,910
2017 $814 $8,220 $1,640 $6,580
2016 $800 $7,950 $1,590 $6,360
2015 $742 $6,250 $1,250 $5,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Ted Benner

    Elite Partners

    Section Image

  • D

    Seller Co-Listing Agent in 2022

    David Newman

    Elite Partners

  • A

    Buyer's Agent in 2022

    Alan Kittelman

    Realty Executives

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6334448

Arizona Regional Multiple Listing Service (ARMLS)

APN: 149-17-643

Arizona Maricopa County Phoenix 85029 North Mountain Village

2702 W Mercer Ln Unit M2702, Phoenix, AZ

This home is located at 2702 W Mercer Ln Unit M2702, Phoenix, AZ 85029 since 26 December 2021 and is currently estimated at $268,959, approximately $217 per square foot. This property was built in 1979. 2702 W Mercer Ln Unit M2702 is a home located in Maricopa County with nearby schools including Lakeview Elementary School, Cholla Middle School, and Moon Valley 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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