$304,500
SOLD MAY 28, 2014

3915 E Mercer Ln Phoenix, AZ 85028

Paradise Valley Village Neighborhood
3 Beds
2 Baths
1,785 Sq Ft
7,509 Sq Ft Lot

Recently Sold

$171 Per Sq Ft

10% Below List Price

50 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • No HOA
  • Mercury Mine Elementary School Rated A
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of May 2014

Hurry to see the latest, total renovation project from Renaissance Realty, LLC. This property was completely gutted and tastefully rebuilt with buyer preferences in mind. Features include: OPEN, CENTRALLY-LOCATED KITCHEN with all new maple wood cabinets, granite countertops, stainless steel Whirlpool appliance package, large pantry and breakfast bar; HUGE MASTER BATH with double-sink vanity, all new fixtures, and extra-large, custom-tiled shower; RAISED INTERIOR CEILINGS; all new, doubled-pane JEN-WELD WINDOWS; new front and rear doors; extensive RECESSED LIGHTING; new porcelain tile and engineered wood flooring with upgraded bedroom carpeting; private pool and citrus trees in rear; located close to Hwy. 51 and great shopping in a quiet, well-maintained community.

Last Agent to Sell the Property

Bradley Cohen

HomeSmart License #SA639868000 Listed on: 03/12/2014

HomeSmart

Last Buyer's Agent

Kathy Reed

Berkshire Hathaway HomeServices Arizona Properties License #SA034147000

Berkshire Hathaway HomeServices Arizona Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,355

Year Built

  • Built in 1962

Lot Details

  • 7,509 Sq Ft Lot
  • Block Wall Fence
  • Backyard Sprinklers
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,785 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Accessible Home Design

  • Accessible Hallway
  • No Interior Steps
  • Multiple Entries or Exits

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Property is near a bus stop

Schools

  • Mercury Mine 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
  • Cavalier Estates Amended 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 Street and Shea Blvd.
  • Legal Info Range: 3E
  • Property Type: Residential
  • Association Fees Community Facilities District: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2014
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2014
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2014
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2013
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2013
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1962
  • Tax Year: 2012
  • Directions: From intersection of 40th St. and Shea, head north on 40th St. approximately 3 blocks to Mercer Ln; turn left and travel west to property located at 3915 E. Mercer Ln (on left/south side of Mercer).
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.17
  • Subdivision Name: Cavalier Estates Amended
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Spa Features: None
  • Accessibility Features: Mltpl Entries/Exits, Accessible Hallway(s)
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, No Interior Steps, Pantry, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet, Granite Counters
  • Living Area: 1785.0
  • Stories: 1
  • Window Features: Vinyl Frame, ENERGY STAR Qualified Windows, Double Pane Windows
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Engy Star (See Rmks)2: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Storage
  • Lot Features: Alley, Gravel/Stone Front, Gravel/Stone Back, Grass Back, Irrigation Back
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • 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 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: 5083170

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 $304,500, approximately $170 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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