NOT LISTED FOR SALE

2801 E Mercer Ln Phoenix, AZ 85028

Paradise Valley Neighborhood

Estimated Value: $531,000 - $578,000

3 Beds
2 Baths
1,624 Sq Ft
$344/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $475,000 $292 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,276/month

7 Days on Market

Highlights

  • RV Gated
  • Mountain View
  • Corner Lot
  • Desert Cove Elementary School Rated A-
  • Wood Flooring
  • Granite Countertops

About This Home

As of September 2021

Don't miss this beautifully remodeled 3 bed, 2 bath home with a contemporary interior palette. Tile floors throughout, ceiling fans, plantation shutters/window blinds, & a spacious great room floor plan. The chef's kitchen features a large center island, granite countertops, a huge breakfast bar, plus stainless steel appliances, direct patio access, & wood cabinetry with stylish hardware & custom lighting. This is the perfect home for entertaining inside & out w/a large patio & wonderful mountain views from the backyard. Upscale bathrooms, generous size bedrooms, ample closets, & laundry room with washer/dryer included. TWO double gates, and no HOA : ) Want a pool? Join the Melrose Community Pool at 30th St & Cholla! All the benefits, but no work! See it TODAY

Last Agent to Sell the Property

Morfia Apostolis

eXp Realty License #SA638593000 Listed on: 08/26/2021

eXp Realty

Co-Listed By

Louis Rugolo

eXp Realty License #SA108489000

Last Buyer's Agent

Efmorfia Apostolis

Keller Williams Arizona Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,762

Year Built

  • Built in 1961

Lot Details

  • 9,885 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Sprinklers on Timer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,624 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Mountain Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered patio or porch
  • Playground

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Womack
  • Melrose Paradise 2 Subdivision

Listing and Financial Details

  • Tax Lot 139
  • Assessor Parcel Number 166-47-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,762

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 32nd St. and Shea Blvd.
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1961
  • Tax Year: 2020
  • Directions: North on 32nd St. West on Cholla. South on 28th St. Home is on the corner of 28th St and Mercer.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: xpre28
  • Co List Office Phone: 480-322-6404
  • Subdivision Name: Melrose Paradise 2
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Kitchen Island, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1624.0
  • Stories: 1
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:_two_20 Volts in Kitchen: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Playground, Patio
  • Lot Features: Alley, Corner Lot, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Painted, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, RV Gate, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • 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: 9885.0
  • Parcel #: 166-47-016
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Womack

Tax Info

  • Tax Annual Amount: 1762.0
  • Tax Book Number: 166.00
  • Tax Lot: 139
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Sep 21, 2021
Sold by
Stanley Steven V and Stanley Brooke D
Bought by
Korte Jason
Seller's Agent
Morfia Apostolis
eXp Realty
Buyer's Agent
Morfia Apostolis
eXp Realty
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%
Total Days on Market
7
Current Estimated Value
$558,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,219
Avg. Annual Appreciation
4.99%
Original Mortgage
$380,000
Outstanding Balance
$350,263
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$218,237

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jul 28, 2017
Sold by
Mccullough Michael L and Mccullough Sally A
Bought by
Stanley Steven V and Stanley Brooke D
Seller's Agent
Erin Ethridge
Real Broker
Buyer's Agent
Louis Rugolo
eXp Realty
List Price
$352,000
Sold Price
$348,800
Premium/Discount to List
-$3,200
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$331,360
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2012
Sold by
Mccullough Michael L and Mccullough Sally
Bought by
Mccullough Michael L and Mccullough Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,150
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2012
Sold by
Mccullough Michael and Mccullough Michael L
Bought by
Mccullough Michael and Mccullough Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,150
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2003
Sold by
Mccullough Michael L and Mccullough Sally A
Bought by
Michael & Sally A Mccullough Family Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
5.83%

Purchase Details

Closed on
Feb 8, 2001
Sold by
Mccullough Michael L and Mccullough Sally A
Bought by
Michael L & Sally A Mccullough Family Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,400
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 1998
Sold by
Griffin Jane Bechtol
Bought by
Bechtol Jane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
6.54%
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
Korte Jason $475,000 Great American Ttl Agcy Inc
Stanley Steven V $348,800 Great American Title Agency
Mccullough Michael L -- First American Equity Loan S
Mccullough Michael -- None Available
Michael & Sally A Mccullough Family Tr -- Transnation Title Insurance
Mccullough Michael L -- Transnation Title Insurance
Michael L & Sally A Mccullough Family Tr -- Grand Canyon Title Agency In
Mccullough Michael L $125,500 Grand Canyon Title Agency In
Bechtol Jane A -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korte Jason $380,000
Previous Owner Stanley Stephen V $324,500
Previous Owner Stanley Stephen V $322,149
Previous Owner Stanley Steven V $331,360
Previous Owner Mccullough Michael L $89,150
Previous Owner Mccullough Michael L $102,000
Previous Owner Mccullough Michael L $100,400
Previous Owner Bechtol Jane A $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $475,000 -5.0% $292 / Sq Ft
08/26/2021 08/26/21 For Sale $499,900 +43.3% $308 / Sq Ft
08/09/2017 08/09/17 Sold $348,800 0.0% $215 / Sq Ft
06/18/2017 06/18/17 Pending -- -- --
06/08/2017 06/08/17 Price Changed $348,800 0.0% $215 / Sq Ft
06/02/2017 06/02/17 Price Changed $348,900 0.0% $215 / Sq Ft
05/14/2017 05/14/17 Price Changed $349,000 -0.9% $215 / Sq Ft
04/21/2017 04/21/17 For Sale $352,000 -- $217 / 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 $1,854 $21,974 -- --
2024 $1,812 $20,928 -- --
2023 $1,812 $38,760 $7,750 $31,010
2022 $1,795 $30,760 $6,150 $24,610
2021 $1,824 $28,230 $5,640 $22,590
2020 $1,762 $26,770 $5,350 $21,420
2019 $1,770 $24,370 $4,870 $19,500
2018 $1,706 $21,260 $4,250 $17,010
2017 $1,629 $20,280 $4,050 $16,230
2016 $1,603 $18,720 $3,740 $14,980
2015 $1,487 $17,050 $3,410 $13,640
Source: Public Records

Agents Affiliated with this Home

  • Morfia Apostolis

    Seller's Agent in 2021

    Morfia Apostolis

    eXp Realty

    (480) 322-6404

    13 in this area

    112 Total Sales

    Morfia Apostolis
    Section Image
  • Louis Rugolo

    Seller Co-Listing Agent in 2021

    Louis Rugolo

    eXp Realty

    (602) 686-2786

    13 in this area

    111 Total Sales

    Louis Rugolo
    Section Image

  • E

    Buyer's Agent in 2021

    Efmorfia Apostolis

    Keller Williams Arizona Realty

  • Erin Ethridge

    Seller's Agent in 2017

    Erin Ethridge

    Real Broker

    (480) 465-0553

    17 in this area

    350 Total Sales

    Erin Ethridge
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6284912

Arizona Regional Multiple Listing Service (ARMLS)

APN: 166-47-016

Arizona Maricopa County Phoenix 85028 Paradise Valley

2801 E Mercer Ln, Phoenix, AZ

This home is located at 2801 E Mercer Ln, Phoenix, AZ 85028 since 26 August 2021 and is currently estimated at $558,219, approximately $343 per square foot. This property was built in 1961. 2801 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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