$242,500
SOLD AUG 29, 2013

3915 E Mercer Ln Phoenix, AZ 85028

Paradise Valley Village Neighborhood
3 Beds
2 Baths
1,815 Sq Ft
7,509 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

15% Below List Price

108 Days on Market

Highlights

  • Private Pool
  • Private Yard
  • Covered Patio or Porch
  • Mercury Mine Elementary School Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of May 2014

Located in the heart of North Phoenix this 3 bedroom, 1.75 bath house has everything! Wonderful open floor plan. Extra-large master bedroom with his and hers closets. Updated kitchen and bathrooms. Well maintained yard with citrus trees and pool, faux flagstone covered patios. Newer heating and cooling unit. Close to hiking/biking in the Phoenix Mountain Preserve. Convenient to restaurants and shopping, the 51 and 101.

Last Agent to Sell the Property

Michele Stephens

HomeSmart License #SA631921000 Listed on: 04/21/2013

Last Buyer's Agent

Bradley Cohen

HomeSmart License #SA639868000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,355

Year Built

  • Built in 1962

Lot Details

  • 7,509 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Backyard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Garage Door Opener

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,815 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Cavalier Estates Subdivision

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 166-45-045

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,355

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 40th St. & Shea
  • Legal Info Range: 3E
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Items Updated Ht Cool Yr Updated: 2011
  • Items Updated Wiring Yr Updated: 2011
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1962
  • Tax Year: 2012
  • Directions: North on 40th St from Shea. Left on Mercer Ln
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.17
  • Subdivision Name: Cavalier Estates
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Owner
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Drink Wtr Filter Sys, Pantry, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1815.0
  • Stories: 1
  • ResoLivingAreaSource: Owner
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard, Storage
  • Lot Features: Sprinklers In Rear, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Grass Back, Auto Timer H2O Back, Irrigation Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Not Managed
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Mercury Mine Elementary School
  • High School: Shadow Mountain High School
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7509.0
  • Parcel #: 166-45-045
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1355.0
  • Tax Book Number: 166.00
  • Tax Lot: 45
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2014
Closed on
May 23, 2014
Sold by
Somogyi Debra E
Bought by
Somogyi Debra Elizabeth and The Debra Somogyi & Living Fam
Seller's Agent
Bradley Cohen
HomeSmart
Buyer's Agent
Kathy Reed
Berkshire Hathaway HomeServices Arizona Properties
List Price
$339,500
Sold Price
$304,500
Premium/Discount to List
-$35,000
-10.31%
Current Estimated Value
$654,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,764
Avg. Annual Appreciation
6.98%
Original Mortgage
$184,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2014
Closed on
May 21, 2014
Sold by
Renaissance Realty Llc
Bought by
Somogyi Debra E
Seller's Agent
Bradley Cohen
HomeSmart
Buyer's Agent
Kathy Reed
Berkshire Hathaway HomeServices Arizona Properties
List Price
$339,500
Sold Price
$304,500
Premium/Discount to List
-$35,000
-10.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2013
Closed on
Aug 7, 2013
Sold by
Arrowood Jennifer
Bought by
Renaissance Realty Llc
Seller's Agent
Michele Stephens
HomeSmart
Buyer's Agent
Bradley Cohen
HomeSmart
List Price
$284,900
Sold Price
$242,500
Premium/Discount to List
-$42,400
-14.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.47%

Purchase Details

Closed on
Aug 12, 2004
Sold by
Reifler Lawrence A and Reifler Stefanie
Bought by
Arrowood Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2003
Sold by
Reifler Lawrence A
Bought by
Reifler Lawrence A and Reifler Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
4.75%

Purchase Details

Closed on
May 7, 2002
Sold by
Larson David A and Larson Linda L
Bought by
Reifler Lawrence A and Reifleer Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 1996
Sold by
Inbody Joseph R and Inbody Jennifer A
Bought by
Larson David A and Larson Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,350
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 1994
Sold by
Monson Donald W
Bought by
Inbody Joseph R and Inbody Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,700
Interest Rate
7.59%
Mortgage Type
FHA
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Warranty Deed $304,500 Old Republic Title Agency
Cash Sale Deed $242,500 First American Title Ins Co
Warranty Deed $239,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- Fidelity National Title
Warranty Deed $177,000 Stewart Title & Trust
Joint Tenancy Deed $116,500 Stewart Title & Trust
Warranty Deed $82,500 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $184,500 New Conventional
Previous Owner $191,200 New Conventional
Previous Owner $143,500 No Value Available
Previous Owner $141,600 New Conventional
Previous Owner $107,350 New Conventional
Previous Owner $80,700 FHA
Closed $17,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2014 05/28/14 Sold $304,500 -3.0% $171 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
04/09/2014 04/09/14 Price Changed $314,000 -0.6% $176 / Sq Ft
04/02/2014 04/02/14 Price Changed $316,000 -1.1% $177 / Sq Ft
03/26/2014 03/26/14 Price Changed $319,500 -1.7% $179 / Sq Ft
03/21/2014 03/21/14 Price Changed $325,000 -1.8% $182 / Sq Ft
03/15/2014 03/15/14 Price Changed $331,000 -2.5% $185 / Sq Ft
03/12/2014 03/12/14 For Sale $339,500 +40.0% $190 / Sq Ft
08/29/2013 08/29/13 Sold $242,500 -8.5% $134 / Sq Ft
08/06/2013 08/06/13 Pending -- -- --
07/12/2013 07/12/13 Price Changed $265,000 -2.6% $146 / Sq Ft
05/03/2013 05/03/13 Price Changed $272,000 -4.5% $150 / Sq Ft
04/20/2013 04/20/13 For Sale $284,900 -- $157 / 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 $1,781 $21,109 -- --
2024 $1,740 $20,104 -- --
2023 $1,740 $40,360 $8,070 $32,290
2022 $1,724 $31,180 $6,230 $24,950
2021 $1,753 $28,060 $5,610 $22,450
2020 $1,693 $27,050 $5,410 $21,640
2019 $1,700 $25,330 $5,060 $20,270
2018 $1,638 $24,160 $4,830 $19,330
2017 $1,565 $22,280 $4,450 $17,830
2016 $1,540 $21,660 $4,330 $17,330
2015 $1,429 $20,020 $4,000 $16,020
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bradley Cohen

    HomeSmart

    Section Image
  • Kathy Reed

    Buyer's Agent in 2014

    Kathy Reed

    Berkshire Hathaway HomeServices Arizona Properties

    (602) 920-7040

    4 in this area

    33 Total Sales

    Kathy Reed
    Section Image

  • M

    Seller's Agent in 2013

    Michele Stephens

    HomeSmart

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4923986

Arizona Regional Multiple Listing Service (ARMLS)

APN: 166-45-045

Arizona Maricopa County Phoenix 85028 Paradise Valley Village

3915 E Mercer Ln, Phoenix, AZ

This home is located at 3915 E Mercer Ln, Phoenix, AZ 85028 and is currently priced at $242,500, approximately $133 per square foot. This property was built in 1962. 3915 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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