4501 E Mercer Ln Phoenix, AZ 85028
Paradise Valley NeighborhoodEstimated Value: $855,000 - $1,032,394
3
Beds
2.5
Baths
2,079
Sq Ft
$454/Sq Ft
Est. Value
Highlights
- Private Pool
- RV Gated
- Mountain View
- Sequoya Elementary School Rated A
- 0.52 Acre Lot
- Wood Flooring
About This Home
As of November 2017Welcome to Paradise Valley without the price. This beautiful home was just freshened up, with fresh paint inside, updated electric, serviced A/C and landscaping. This home sits on a huge 1/2+ acre lot with beautiful views of Piestewa Peak. The backyard is perfect for entertaining and includes a sparkling salt water pool, a splash pad, a large covered patio along with a grassy area for play. Inside, this home features a great floor plan with newer Pella windows, newer HVAC, Newer roof, New Master shower, Formal living room, dining room, family room w/fireplace. The Huge gourmet kitchen offers double ovens, wet bar, wine keeper, a gigantic granite island, and a breakfast nook w/picture window. This home sits on a large Cul-De-Sac lot and has no HOA. Move in ready or great fix and flip. This home is priced to sell quickly. Several homes in the neighborhood have been torn down to one wall and remodeled. With the size of this yard, the possibilities are endless.
Last Listed By
Jeffrey Wilde
Compass License #SA506393000 Listed on: 10/06/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,732
Year Built
- Built in 1972
Lot Details
- 0.52 Acre Lot
- Desert faces the front of the property
- Cul-De-Sac
- Block Wall Fence
- Front and Back Yard Sprinklers
- Grass Covered Lot
Parking
- 2 Car Garage
- 2 Carport Spaces
- Garage Door Opener
- Circular Driveway
- RV Gated
Home Design
- Spanish Architecture
- Foam Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,079 Sq Ft Home
- 1-Story Property
- Wet Bar
- Ceiling height of 9 feet or more
- Skylights
- Double Pane Windows
- Solar Screens
- Family Room with Fireplace
- Mountain Views
- Laundry in unit
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Dishwasher
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Remodeled Bathroom
- 2.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Outdoor Features
- Private Pool
- Covered patio or porch
- Playground
Schools
- Sequoya Elementary School
- Cocopah Middle School
- Chaparral High School
Utilities
- Refrigerated Cooling System
- Heating System Uses Natural Gas
- Septic Tank
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 167-72-015
Community Details
Overview
- No Home Owners Association
- Gerald Estates 2 Subdivision
Recreation
- Sport Court
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 30, 2025
Sold by
Rush Investments Llc
Bought by
Link Construction Groups Llc
Total Days on Market
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Outstanding Balance
$1,147,178
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
-$203,329
Purchase Details
Closed on
Apr 1, 2021
Sold by
Rush Janet
Bought by
Rush Investments Llc
Purchase Details
Listed on
Oct 6, 2017
Closed on
Oct 30, 2017
Sold by
Clark Bradly D
Bought by
Rush Investments Llc
Seller's Agent
Jeffrey Wilde
Compass
Buyer's Agent
Theresa Krakauer
Russ Lyon Sotheby's International Realty
List Price
$450,000
Sold Price
$432,500
Premium/Discount to List
-$17,500
-3.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%
Purchase Details
Closed on
Dec 16, 2009
Sold by
Madden Robert and Madden Lisa
Bought by
Clark Bradly D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
4.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 27, 2007
Sold by
Timm La Vonne L
Bought by
Madden Robert and Madden Lisa
Purchase Details
Closed on
Aug 14, 1995
Sold by
Timm Gary W
Bought by
Timm Lavonne L
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 |
|---|---|---|---|
| Link Construction Groups Llc | $850,000 | Stewart Title & Trust Of Phoen | |
| Rush Investments Llc | -- | None Listed On Document | |
| Rush Investments Llc | $432,500 | Empire West Title Agency Llc | |
| Clark Bradly D | $360,000 | Empire West Title Agency Llc | |
| Madden Robert | $476,000 | Transnation Title Ins Co | |
| Timm Lavonne L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Link Construction Groups Llc | $1,150,000 | |
| Previous Owner | Rush Investments Llc | $1,000,000 | |
| Previous Owner | Clark Bradly D | $324,000 | |
| Previous Owner | Madden Robert B | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/03/2017 11/03/17 | Sold | $432,500 | -3.9% | $208 / Sq Ft |
| 10/06/2017 10/06/17 | For Sale | $450,000 | -- | $216 / 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 | $3,286 | $41,804 | -- | -- |
| 2024 | $3,220 | $39,813 | -- | -- |
| 2023 | $3,220 | $62,130 | $12,420 | $49,710 |
| 2022 | $3,088 | $46,770 | $9,350 | $37,420 |
| 2021 | $3,200 | $41,400 | $8,280 | $33,120 |
| 2020 | $3,153 | $39,730 | $7,940 | $31,790 |
| 2019 | $3,035 | $39,530 | $7,900 | $31,630 |
| 2018 | $2,919 | $35,820 | $7,160 | $28,660 |
| 2017 | $2,804 | $33,810 | $6,760 | $27,050 |
| 2016 | $2,732 | $33,350 | $6,670 | $26,680 |
| 2015 | $2,504 | $32,860 | $6,570 | $26,290 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2017
Jeffrey Wilde
Compass
-
Theresa Krakauer
Buyer's Agent in 2017
Theresa Krakauer
Russ Lyon Sotheby's International Realty
(602) 315-3205
2 in this area
46 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5670280
APN: 167-72-015
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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