NOT LISTED FOR SALE

4050 E Mercer Ln Phoenix, AZ 85028

Paradise Valley Neighborhood

Estimated Value: $689,958 - $856,000

5 Beds
2 Baths
2,229 Sq Ft
$360/Sq Ft Est. Value

About This Home

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.

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
$803,240

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
$48,605
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$723,433

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
Stand Alone Refi Refinance Of Original Loan

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 $201,000
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 -- --

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

    Seller's Agent in 2021

    Ramzy Khoury

    West USA Realty

    (480) 948-5554

    2 in this area

    8 Total Sales

    Ramzy Khoury
    Section Image
See All Agents

Map

Arizona Maricopa County Phoenix 85028 Paradise Valley

4050 E Mercer Ln, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 4050 E Mercer Ln, Phoenix, AZ 85028 and is currently estimated at $803,240, approximately $360 per square foot. 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.

Nearby Homes