3948 E Mercer Ln Phoenix, AZ 85028
Paradise Valley NeighborhoodEstimated Value: $584,477
3
Beds
2
Baths
1,776
Sq Ft
$329/Sq Ft
Est. Value
Highlights
- Mountain View
- Corner Lot
- No HOA
- Mercury Mine Elementary School Rated A
- Granite Countertops
- Covered patio or porch
About This Home
As of May 2018Close to the 51 and Shea your completely remodeled home awaits. Walls have been removed to provide a modern open layout. Almost anything you can touch is updated! Entertain family and friends from the large kitchen (granite counters/shaker cabinets) that opens to the rest of the common areas. Dropdown ceiling in kitchen, and popcorn was removed while sinken living room was raised. New fixtures, hardware and so much more. New bathrooms including a marble double vanity in master. Fabulous location half way between the 51 and all the dining options at Tatum and Shea! You will love the 2018 layout and finish level but your budget will appreciate the new efficient HVAC unit. Click 3D Walkthrough under virtual tour section to walk through every inch of the home from a computer or mobile device.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,484
Year Built
- Built in 1961
Lot Details
- 7,999 Sq Ft Lot
- Desert faces the front and back of the property
- Block Wall Fence
- Corner Lot
- Backyard Sprinklers
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
Home Design
- Composition Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,776 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Mountain Views
- Laundry in unit
Kitchen
- Eat-In Kitchen
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Outdoor Features
- Covered patio or porch
- Outdoor Storage
Schools
- Mercury Mine Elementary School
- Shea Middle School
- Shadow Mountain High School
Utilities
- Refrigerated Cooling System
- Heating Available
- Cable TV Available
Community Details
- No Home Owners Association
- Cavalier Estates Amended Subdivision
Listing and Financial Details
- Tax Lot 39
- Assessor Parcel Number 166-45-039
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 18, 2018
Closed on
May 15, 2018
Sold by
Kozak Debra L
Bought by
Kozak David
Seller's Agent
Kevin Weil
RE/MAX Excalibur
Buyer's Agent
Janine Brown
HomeSmart
List Price
$319,900
Sold Price
$315,000
Premium/Discount to List
-$4,900
-1.53%
Total Days on Market
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,477
Avg. Annual Appreciation
9.30%
Original Mortgage
$252,000
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 18, 2018
Closed on
May 8, 2018
Sold by
3948 East Mercer Lane Llc
Bought by
Kozak David
Seller's Agent
Kevin Weil
RE/MAX Excalibur
Buyer's Agent
Janine Brown
HomeSmart
List Price
$319,900
Sold Price
$315,000
Premium/Discount to List
-$4,900
-1.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 28, 2016
Closed on
Nov 1, 2016
Sold by
Peric Christopher Kihei
Bought by
3948 East Mercer Lane Llc
Seller's Agent
Laina Pippett
Rentals America
Buyer's Agent
Brandon Slevin
Real Broker
Sold Price
$1,675
Purchase Details
Listed on
Jul 9, 2015
Closed on
Jul 14, 2015
Sold by
Chester Robert L
Bought by
Peric Christopher Kihei
Seller's Agent
Danny Perkinson
Perk Prop Real Estate
Buyer's Agent
Kevin Weil
RE/MAX Excalibur
List Price
$325,000
Sold Price
$291,000
Premium/Discount to List
-$34,000
-10.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$232,800
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 23, 2014
Sold by
Mcmurray David P
Bought by
Chester Robert L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 6, 2000
Sold by
Graber Barbara L and Daizadeh Barbara Louise
Bought by
Mcmurray David P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,250
Interest Rate
7.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 22, 1997
Sold by
Reich Melvin L and Reich Mary A
Bought by
Daizadeh Barbara Louise
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kozak David | -- | Old Republic Title Agency | |
| Kozak David | $315,000 | Old Republic Title Agency | |
| 3948 East Mercer Lane Llc | -- | None Available | |
| Peric Christopher Kihei | $291,000 | Security Title Agency Inc | |
| Chester Robert L | $190,000 | Grand Canyon Title Agency In | |
| Mcmurray David P | $125,000 | Stewart Title & Trust | |
| Daizadeh Barbara Louise | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kozak David | $249,200 | |
| Closed | Kozak David | $252,000 | |
| Previous Owner | Peric Christopher Kihei | $232,800 | |
| Previous Owner | Chester Robert L | $189,000 | |
| Previous Owner | Mcmurray David P | $172,377 | |
| Previous Owner | Mcmurray David P | $185,000 | |
| Previous Owner | Mcmurray David P | $21,161 | |
| Previous Owner | Mcmurray David P | $124,000 | |
| Previous Owner | Mcmurray David P | $121,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2018 05/15/18 | Sold | $315,000 | 0.0% | $177 / Sq Ft |
| 04/12/2018 04/12/18 | Pending | -- | -- | -- |
| 04/10/2018 04/10/18 | Price Changed | $314,900 | -1.6% | $177 / Sq Ft |
| 03/12/2018 03/12/18 | For Sale | $319,900 | 0.0% | $180 / Sq Ft |
| 03/01/2018 03/01/18 | Pending | -- | -- | -- |
| 02/18/2018 02/18/18 | For Sale | $319,900 | 0.0% | $180 / Sq Ft |
| 12/01/2016 12/01/16 | Rented | $1,675 | 0.0% | -- |
| 11/28/2016 11/28/16 | Under Contract | -- | -- | -- |
| 10/19/2016 10/19/16 | Price Changed | $1,675 | -2.6% | $1 / Sq Ft |
| 10/13/2016 10/13/16 | Price Changed | $1,720 | -1.4% | $1 / Sq Ft |
| 09/28/2016 09/28/16 | For Rent | $1,745 | 0.0% | -- |
| 07/16/2015 07/16/15 | Sold | $291,000 | -10.5% | $164 / Sq Ft |
| 07/09/2015 07/09/15 | Pending | -- | -- | -- |
| 07/09/2015 07/09/15 | For Sale | $325,000 | -- | $183 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,438 | $17,045 | -- | -- |
| 2024 | $1,405 | $16,234 | -- | -- |
| 2023 | $1,405 | $36,350 | $7,270 | $29,080 |
| 2022 | $1,392 | $27,830 | $5,560 | $22,270 |
| 2021 | $1,415 | $25,070 | $5,010 | $20,060 |
| 2020 | $1,367 | $24,110 | $4,820 | $19,290 |
| 2019 | $1,373 | $21,780 | $4,350 | $17,430 |
| 2018 | $1,323 | $20,660 | $4,130 | $16,530 |
| 2017 | $1,484 | $19,120 | $3,820 | $15,300 |
| 2016 | $1,459 | $18,820 | $3,760 | $15,060 |
| 2015 | $1,351 | $17,250 | $3,450 | $13,800 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Weil
Seller's Agent in 2018
Kevin Weil
RE/MAX
(602) 793-7492
2 in this area
147 Total Sales
-
Christa Weil
Seller Co-Listing Agent in 2018
Christa Weil
RE/MAX
2 in this area
129 Total Sales
-
Janine Brown
J
Buyer's Agent in 2018
Janine Brown
HomeSmart
(602) 568-1054
11 Total Sales
-
Laina Pippett
L
Seller's Agent in 2016
Laina Pippett
Rentals America
(480) 374-5500
-
Brandon Slevin
Buyer's Agent in 2016
Brandon Slevin
Real Broker
(602) 348-1437
2 in this area
38 Total Sales
-
Danny Perkinson
Seller's Agent in 2015
Danny Perkinson
Perk Prop Real Estate
(480) 247-1153
113 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5725285
APN: 166-45-039
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.
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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