4502 E Mercer Ln Phoenix, AZ 85028
Paradise Valley NeighborhoodEstimated Value: $906,000 - $1,054,115
4
Beds
2
Baths
2,175
Sq Ft
$447/Sq Ft
Est. Value
Highlights
- Private Pool
- 0.56 Acre Lot
- Santa Fe Architecture
- Sequoya Elementary School Rated A
- Mountain View
- 1 Fireplace
About This Home
As of July 2020Prime, Phoenix Mountain Preserve location on a 1/2 Acre+ Cul-De-Sac Lot! Open & light floorplan with all pop-corn ceilings removed & tons of upgrades! Stylishly updated with Granite Counters, Stainless Appliances, plus Loads of Tile and Wood Laminate Flooring! Master suite opens to backyard, walk-in closet, Granite Counter Bath with Updated Shower Surround! You'll love the entertainer's backyard with covered patio, cool, fenced pool with extra paver patio, and separate play yard for toys and dogs! Oversized garage and Inside Storage! Freshly updated Foam Roof 2015! Ceiling Fans, RV gate and 2 Car Carport too! Arizona lifestyle to the max in this cozy desert mountain view retreat near Phoenix Mountain Preserve, Hwy 51, great schools and shopping! Hard to find 1/2 Acre+ lot will go quick!
Last Listed By
West USA Realty Brokerage Email: arizonadavelarsen@gmail.com License #SA019951000 Listed on: 06/17/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,845
Year Built
- Built in 1971
Lot Details
- 0.56 Acre Lot
- Cul-De-Sac
- Block Wall Fence
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- 2 Carport Spaces
- Side or Rear Entrance to Parking
- Garage Door Opener
Home Design
- Santa Fe Architecture
- Tile Roof
- Built-Up Roof
- Foam Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,175 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- 1 Fireplace
- Mountain Views
- Washer and Dryer Hookup
Kitchen
- Breakfast Bar
- Built-In Microwave
- Granite Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bathroom is a Full Bathroom
- 2 Bathrooms
Pool
- Private Pool
- Fence Around Pool
- Pool Pump
- Diving Board
Outdoor Features
- Covered patio or porch
- Playground
Schools
- Sequoya Elementary School
- Cocopah Middle School
- Chaparral High School
Utilities
- Refrigerated Cooling System
- Heating Available
- Septic Tank
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 167-72-024
Community Details
Overview
- No Home Owners Association
- Association fees include no fees
- Built by Custom
- Gerald Estates 2 Subdivision
Recreation
- Community Playground
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2020
Closed on
Jul 23, 2020
Sold by
Palomar Angela D
Bought by
Palomar Jose
Seller's Agent
David Larsen
West USA Realty
Buyer's Agent
Kirsten Tinker
RETSY
List Price
$585,000
Sold Price
$570,000
Premium/Discount to List
-$15,000
-2.56%
Total Days on Market
4
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
$402,779
Avg. Annual Appreciation
11.42%
Original Mortgage
$484,500
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 17, 2020
Closed on
Jul 20, 2020
Sold by
Brown Dylan M and Brown Jennifer E
Bought by
Palomar Jose
Seller's Agent
David Larsen
West USA Realty
Buyer's Agent
Kirsten Tinker
RETSY
List Price
$585,000
Sold Price
$570,000
Premium/Discount to List
-$15,000
-2.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,500
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 9, 2012
Closed on
Jan 16, 2013
Sold by
Lorenz Robert E and Lorenz Michaela L
Bought by
Brown Dylan M and Brown Jennifer E
Seller's Agent
Cynthia Robinson
Realty ONE Group
Buyer's Agent
Janet Ann Kowalek
Realty Executives
List Price
$398,500
Sold Price
$360,000
Premium/Discount to List
-$38,500
-9.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$324,000
Interest Rate
3.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 24, 2001
Sold by
Lorenz Robert E and Lorenz Michaela L
Bought by
Lorenz Robert E and Lorenz Michaela L
Purchase Details
Closed on
Jun 7, 1998
Sold by
Lorzel Lane and Lorzel Marie
Bought by
Lorenz Robert E and Kubat Michaela L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
7.11%
Purchase Details
Closed on
Aug 2, 1995
Sold by
Gere Karen E and Normandeau Karen E
Bought by
Lorzel Lane and Lorzel Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,700
Interest Rate
7.63%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Palomar Jose | -- | Grand Canyon Title Agency | |
| Palomar Jose | $570,000 | Grand Canyon Title Agency | |
| Brown Dylan M | $360,000 | Driggs Title Agency Inc | |
| Lorenz Robert E | -- | Fidelity National Title | |
| Lorenz Robert E | $179,000 | Old Republic Title Agency | |
| Lorzel Lane | $106,000 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Link Construction Groups Llc | $400,000 | |
| Closed | Palomar Jose | $484,500 | |
| Previous Owner | Brown Dylan M | $324,000 | |
| Previous Owner | Lorenz Robert E | $100,000 | |
| Previous Owner | Lorenz Robert E | $84,387 | |
| Previous Owner | Lorenz Robert E | $89,000 | |
| Previous Owner | Lorzel Lane | $100,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/27/2020 07/27/20 | Sold | $570,000 | -2.6% | $262 / Sq Ft |
| 06/21/2020 06/21/20 | Pending | -- | -- | -- |
| 06/17/2020 06/17/20 | For Sale | $585,000 | +62.5% | $269 / Sq Ft |
| 01/18/2013 01/18/13 | Sold | $360,000 | -4.0% | $166 / Sq Ft |
| 12/08/2012 12/08/12 | Pending | -- | -- | -- |
| 11/01/2012 11/01/12 | Price Changed | $375,000 | -5.9% | $172 / Sq Ft |
| 10/06/2012 10/06/12 | For Sale | $398,500 | -- | $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 | $2,750 | $44,814 | -- | -- |
| 2024 | $3,451 | $42,680 | -- | -- |
| 2023 | $3,451 | $63,760 | $12,750 | $51,010 |
| 2022 | $3,310 | $48,000 | $9,600 | $38,400 |
| 2021 | $3,867 | $42,330 | $8,460 | $33,870 |
| 2020 | $2,945 | $40,650 | $8,130 | $32,520 |
| 2019 | $2,845 | $40,430 | $8,080 | $32,350 |
| 2018 | $2,755 | $36,670 | $7,330 | $29,340 |
| 2017 | $2,614 | $35,400 | $7,080 | $28,320 |
| 2016 | $2,543 | $34,260 | $6,850 | $27,410 |
| 2015 | $2,338 | $34,350 | $6,870 | $27,480 |
Source: Public Records
Agents Affiliated with this Home
-
David Larsen
Seller's Agent in 2020
David Larsen
West USA Realty
(602) 430-5755
2 in this area
107 Total Sales
-
Kirsten Tinker
K
Buyer's Agent in 2020
Kirsten Tinker
RETSY
(480) 447-3553
1 in this area
1 Total Sale
-
Seller's Agent in 2013
Cynthia Robinson
Realty One Group
-
Janet Ann Kowalek
Buyer's Agent in 2013
Janet Ann Kowalek
Realty Executives
(602) 418-4970
1 in this area
72 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6091867
APN: 167-72-024
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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