NOT LISTED FOR SALE

3405 E Mercer Ln Unit 3 Phoenix, AZ 85028

Paradise Valley Neighborhood

Estimated Value: $526,784 - $729,000

4 Beds
2 Baths
1,792 Sq Ft
$356/Sq Ft Est. Value

About This Home

This home is located at 3405 E Mercer Ln Unit 3, Phoenix, AZ 85028 and is currently estimated at $637,696, approximately $355 per square foot. 3405 E Mercer Ln Unit 3 is a home located in Maricopa County with nearby schools including Mercury Mine Elementary School, Shea Middle School, and Shadow Mountain High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2010
Sold by
Fannie Mae
Bought by
Steele Kevin and Steele Stephanie
Current Estimated Value
$637,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$8,245
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$629,451

Purchase Details

Closed on
Mar 17, 2010
Sold by
Fairchild Gary D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 23, 2006
Sold by
Zimmerman Zachary C and Zimmerman Jamie A
Bought by
Fairchild Gary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 15, 2003
Sold by
Lutzky David B and Lutzky Maureen M
Bought by
Zimmerman Zachary C and Zimmerman Jamie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,800
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 1998
Sold by
Lutzky David B
Bought by
Lutzky David B and Lutzky Maureen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,600
Interest Rate
7.03%

Purchase Details

Closed on
May 15, 1997
Sold by
Lutzky Maureen M
Bought by
Lutzky David B

Purchase Details

Closed on
May 5, 1997
Sold by
Bergfeldt Robert M and Bergfeldt Karen D
Bought by
Lutzky David B

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Steele Kevin $175,000 Stewart Title & Trust Of Pho
Federal National Mortgage Association $310,576 First American Title
Fairchild Gary D $366,000 Security Title Agency Inc
Zimmerman Zachary C $191,000 Security Title Agency
Lutzky David B -- Grand Canyon Title Agency In
Lutzky David B -- Ati Title Agency
Lutzky David B $127,500 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steele Kevin $140,000
Previous Owner Fairchild Gary D $97,200
Previous Owner Fairchild Gary $78,200
Previous Owner Fairchild Gary D $292,800
Previous Owner Zimmerman Jamie A $215,000
Previous Owner Zimmerman Zachary C $202,500
Previous Owner Zimmerman Zachary C $152,800
Previous Owner Lutzky David B $120,600
Source: Public Records

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 $2,019 $23,931 -- --
2024 $1,973 $22,792 -- --
2023 $1,973 $44,380 $8,870 $35,510
2022 $1,955 $35,730 $7,140 $28,590
2021 $1,987 $30,710 $6,140 $24,570
2020 $1,919 $26,900 $5,380 $21,520
2019 $1,928 $24,930 $4,980 $19,950
2018 $1,857 $23,830 $4,760 $19,070
2017 $1,774 $23,450 $4,690 $18,760
2016 $1,746 $23,060 $4,610 $18,450
2015 $1,620 $21,110 $4,220 $16,890
Source: Public Records

Map

Arizona Maricopa County Phoenix 85028 Paradise Valley

3405 E Mercer Ln Unit 3, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 3405 E Mercer Ln Unit 3, Phoenix, AZ 85028 and is currently estimated at $637,696, approximately $355 per square foot. 3405 E Mercer Ln Unit 3 is a home located in Maricopa County with nearby schools including Mercury Mine 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.

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