NOT LISTED FOR SALE

4050 E Mercer Ln Phoenix, AZ 85028

Paradise Valley Village Neighborhood

Estimated Value: $722,930 - $900,000

5 Beds
2 Baths
2,229 Sq Ft
$372/Sq Ft Est. Value

Highlights

  • Private Pool
  • 0.36 Acre Lot
  • Granite Countertops
  • Sequoya Elementary School Rated A
  • Corner Lot
  • No HOA

About This Home

As of January 2021

Beautiful 5BD, 2BA, 2 Car Garage Home in North Phoenix. Low E double panel windows, granite countertops (kitchen and bathrooms), SS appliance, natural gas fireplace, and ceiling fan in almost every room. Oversize large corner lot. (1/3 acre) with pool, circular drive and RV gate. Great location with access to SR 51 and close to Golfing, Restaurant, Malls (P.V., Desert Ridge and Kierland), and hiking trails. Desirable Scottsdale Schools. $200 of security deposit is non refundable. Tenant required to provide proof of renter's insurance. Dogs Okay, lessor approval. no cats, no smoking.

Last Agent to Rent the Property

Ramzy Khoury

West USA Realty License #SA643763000 Listed on: 12/11/2020

West USA Realty

Last Renter's Agent

Ramzy Khoury

American Realty Brokers License #SA643763000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,473

Year Built

  • Built in 1973

Lot Details

  • 0.36 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Sprinklers on Timer

Parking

  • 1 Open Parking Space
  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,229 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Solar Screens

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms
  • Double Vanity

Laundry

  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Pool

  • Private Pool

Schools

  • Sequoya Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Cavalier Estates Unit 8 Subdivision

Listing and Financial Details

  • Property Available on 12/11/20
  • 12-Month Minimum Lease Term
  • Tax Lot 500
  • Assessor Parcel Number 167-70-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,473

Year Built

Built in 1973

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2020-12-11

Listing Details

  • Cross Street: Shea Blvd & 40th St.
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.3
  • Lease Term Minimum Lease Term Months: 12
  • Directions: North to Desert cove Ave, East to 41st St., South to Mercer lane, Property on North/ East corner.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.36
  • Subdivision Name: CAVALIER ESTATES UNIT 8
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Roofing:Composition: Yes
  • Windows:Low-Emissivity Windows: Yes
  • Water Source City Water2: Yes
  • Fireplace Features Gas Fireplace2: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas Fireplace, 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Pantry
  • Living Area: 2229.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane, ENERGY STAR Qualified Windows
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: None, Alley, Corner Lot, Desert Front, Gravel/Stone Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 1.0
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup, Engy Star (See Rmks), 220 V Dryer Hookup, Gas Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Sequoya Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Lot Size Sq Ft: 15628.0
  • Parcel #: 167-70-036

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Book Number: 167.00
  • Tax Lot: 500
  • Tax Map Number: 70.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2012
Sold by
Khoury Ramzy Y and Khoury Emily
Bought by
Khoury Ramzy Y and Khoury Emily
Current Estimated Value
$828,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,850
Outstanding Balance
$39,834
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$788,399

Purchase Details

Closed on
Apr 2, 2009
Sold by
Khoury Ramzy Y and Khoury Emily
Bought by
Khoury Ramzy Y and Khoury Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,200
Interest Rate
5.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2005
Sold by
Khoury Ramzy Y and Khoury Emily
Bought by
Khoury Ramzy Y and Khoury Emily

Purchase Details

Closed on
Oct 22, 2001
Sold by
Saigh Kassab R and Saigh Zoul K
Bought by
Khoury Ramzy Y and Khoury Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.73%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Khoury Ramzy Y -- None Available
Khoury Ramzy Y -- Fidelity National Title Insu
Khoury Ramzy Y -- Fidelity Natl Title Ins Co
Khoury Ramzy Y -- --
Khoury Ramzy Y $250,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khoury Ramzy Y $222,850
Closed Khoury Ramzy Y $267,200
Closed Khoury Ramzy Y $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Rented $2,695 0.0% --
12/11/2020 12/11/20 For Rent $2,695 -- --
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 $2,473 $33,790 -- --
2024 $2,602 $32,181 -- --
2023 $2,602 $50,330 $10,060 $40,270
2022 $2,496 $38,430 $7,680 $30,750
2021 $2,587 $38,070 $7,610 $30,460
2020 $2,220 $35,570 $7,110 $28,460
2019 $2,145 $31,950 $6,390 $25,560
2018 $2,077 $29,470 $5,890 $23,580
2017 $1,971 $29,530 $5,900 $23,630
2016 $1,917 $27,200 $5,440 $21,760
2015 $1,763 $25,910 $5,180 $20,730
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2021

    Ramzy Khoury

    West USA Realty

    (480) 948-5554

    2 in this area

    8 Total Sales

    Ramzy Khoury
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6170344

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-70-036

Arizona Maricopa County Phoenix 85028 Paradise Valley Village

4050 E Mercer Ln, Phoenix, AZ

This home is located at 4050 E Mercer Ln, Phoenix, AZ 85028 since 11 December 2020 and is currently priced at $828,233. This property was built in 1973. 4050 E Mercer Ln is a home located in Maricopa County with nearby schools including Sequoya Elementary School, Cocopah Middle School, and Chaparral 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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