$639,900
SOLD SEP 30, 2025

3740 E Mercer Ln Phoenix, AZ 85028

Paradise Valley Village Neighborhood
4 Beds
2 Baths
2,014 Sq Ft
10,439 Sq Ft Lot

Recently Sold

$318 Per Sq Ft

2% Below List Price

27 Days on Market

Highlights

  • 0.24 Acre Lot
  • Private Yard
  • Covered Patio or Porch
  • Mercury Mine Elementary School Rated A
  • No HOA
  • 2 Car Direct Access Garage

About This Home

As of September 2025

Move-In Ready 4BR Home - No HOA & Priced $50K Below Current Aug 2025 Appraisal of $700K! Stylish and refreshed single-level 4-bedroom home on a premium south-facing lot in a quiet, established neighborhood just north of Shea Blvd. Recent updates include a newer roof, serviced HVAC, fresh interior/exterior paint, upgraded flooring, appliances, fixtures, and ceiling fans. Open-concept layout with a spacious kitchen, breakfast bar, and pass-through window to an extended covered brick paver patio—perfect for outdoor living and entertaining. Epoxied 2-car garage, low-maintenance desert landscaping. Located in the highly-rated Paradise Valley School District and just minutes to the new PV shopping, dining, and entertainment district. One of the only move-in ready homes in this area under $700K!

Last Agent to Sell the Property

Dean Selvey

RE/MAX Excalibur License #SA020464000 Listed on: 07/29/2025

RE/MAX Excalibur

Last Buyer's Agent

Justin Brossart

Keller Williams Realty Phoenix License #SA689060000

Keller Williams Realty Phoenix

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,116

Year Built

  • Built in 1972

Lot Details

  • 10,439 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Backyard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,014 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Mercury Mine Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Broadmoor Hills Unit 5 Subdivision

Listing and Financial Details

  • Tax Lot 186
  • Assessor Parcel Number 166-49-051

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,116

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 38 St/ Shea
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1972
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: BROADMOOR HILLS UNIT 5
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, 3/4 Bath Master Bdrm, Laminate Counters
  • Living Area: 2014.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Rear, Desert Front, Grass Back
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • 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

  • 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: Mercury Mine 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: 10439.0
  • Parcel #: 166-49-051

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 2116.0
  • Tax Book Number: 166.00
  • Tax Lot: 186
  • Tax Map Number: 49.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2025
Closed on
Sep 29, 2025
Sold by
Selvey Dean
Bought by
Bocks Davis
Seller's Agent
Dean Selvey
RE/MAX Excalibur
Buyer's Agent
Justin Brossart
Keller Williams Realty Phoenix
List Price
$649,900
Sold Price
$639,900
Premium/Discount to List
-$10,000
-1.54%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-91.04%
Original Mortgage
$575,910
Outstanding Balance
$575,910
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$33,846

Purchase Details

Listed on
Jun 14, 2025
Closed on
Jun 28, 2025
Sold by
Tuminaro Johnny C and Tuminaro Carolyn K
Bought by
Black Arrow Capital Llc
Seller's Agent
Ryan Gionson
Success Property Brokers
Buyer's Agent
Matthew Turner
Property Hub LLC
List Price
$525,000
Sold Price
$470,000
Premium/Discount to List
-$55,000
-10.48%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
243.60%
Original Mortgage
$553,080
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2025
Closed on
Jun 27, 2025
Sold by
Black Arrow Capital Llc
Bought by
Selvey Dean
Seller's Agent
Ryan Gionson
Success Property Brokers
Buyer's Agent
Matthew Turner
Property Hub LLC
List Price
$525,000
Sold Price
$470,000
Premium/Discount to List
-$55,000
-10.48%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,080
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2004
Sold by
Bimer Christopher K and Bimer Deanna K
Bought by
Tuminaro Johnny C and Tuminaro Carolyn K

Purchase Details

Closed on
Jun 5, 2003
Sold by
Bimer Christopher K and Bimer Deanna
Bought by
Bimer Christopher K and Bimer Deanna K

Purchase Details

Closed on
Aug 19, 1998
Sold by
Finney Smith Alison
Bought by
Bimer Christopher K and Bimer Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 1995
Sold by
Smith Michael Rey
Bought by
Finney Smith Alison
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $639,900 Shield Title
Warranty Deed $470,000 Shield Title
Warranty Deed $485,000 Shield Title
Cash Sale Deed $207,000 Transnation Title
Interfamily Deed Transfer -- --
Deed $125,000 First American Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $575,910 New Conventional
Previous Owner $553,080 New Conventional
Previous Owner $100,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2025 09/30/25 Sold $639,900 0.0% $318 / Sq Ft
08/26/2025 08/26/25 Pending -- -- --
08/18/2025 08/18/25 Price Changed $639,900 -1.5% $318 / Sq Ft
07/29/2025 07/29/25 For Sale $649,900 +38.3% $323 / Sq Ft
06/30/2025 06/30/25 Sold $470,000 -10.5% $262 / Sq Ft View Prior Sale
06/17/2025 06/17/25 Pending -- -- --
06/14/2025 06/14/25 For Sale $525,000 -- $293 / 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 $2,116 $25,079 -- --
2024 $2,068 $23,885 -- --
2023 $2,068 $41,980 $8,390 $33,590
2022 $2,048 $33,750 $6,750 $27,000
2021 $2,082 $29,280 $5,850 $23,430
2020 $2,011 $27,810 $5,560 $22,250
2019 $2,020 $25,820 $5,160 $20,660
2018 $1,946 $24,850 $4,970 $19,880
2017 $1,859 $23,610 $4,720 $18,890
2016 $1,829 $23,510 $4,700 $18,810
2015 $1,697 $21,630 $4,320 $17,310
Source: Public Records

Agents Affiliated with this Home

  • Dean Selvey

    Seller's Agent in 2025

    Dean Selvey

    RE/MAX

    (480) 254-6444

    3 in this area

    248 Total Sales

    Dean Selvey
    Section Image
  • Ryan Gionson

    Seller's Agent in 2025

    Ryan Gionson

    Success Property Brokers

    (602) 451-5957

    2 in this area

    27 Total Sales

    Ryan Gionson
    Section Image
  • Erik Cooper

    Seller Co-Listing Agent in 2025

    Erik Cooper

    Success Property Brokers

    (602) 550-7764

    2 in this area

    27 Total Sales

    Erik Cooper
    Section Image

  • J

    Buyer's Agent in 2025

    Justin Brossart

    Keller Williams Realty Phoenix

    (480) 768-9333

    3 in this area

    48 Total Sales

    Justin Brossart
    Section Image

  • M

    Buyer's Agent in 2025

    Matthew Turner

    Property Hub LLC

    5 in this area

    64 Total Sales

    Matthew Turner
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6896826

Arizona Regional Multiple Listing Service (ARMLS)

APN: 166-49-051

Arizona Maricopa County Phoenix 85028 Paradise Valley Village

3740 E Mercer Ln, Phoenix, AZ

This home is located at 3740 E Mercer Ln, Phoenix, AZ 85028 and is currently priced at $639,900, approximately $317 per square foot. This property was built in 1972. 3740 E Mercer Ln 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.

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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