NOT LISTED FOR SALE

4502 E Mercer Ln Phoenix, AZ 85028

Paradise Valley Village Neighborhood

Estimated Value: $897,000 - $1,022,690

4 Beds
2 Baths
2,175 Sq Ft
$454/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $570,000 $262 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,448/month

4 Days on Market

Highlights

  • Private Pool
  • RV Access or Parking
  • Mountain View
  • Sequoya Elementary School Rated A
  • 0.56 Acre Lot
  • Santa Fe Architecture

About This Home

As of July 2020

Prime, 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 Agent to Sell the Property

David Larsen

West USA Realty Brokerage Email: arizonadavelarsen@gmail.com License #SA019951000 Listed on: 06/18/2020

West USA Realty

Last Buyer's Agent

Kirsten Tinker

RETSY License #SA669268000

RETSY

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
  • RV Access or Parking

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

  • Central Air
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,845

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Tatum & Shea
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Tax Year: 2019
  • Directions: West on Shea to 46th St, right on 46th St to Mercer, left on Mercer to last home in Cul-De-Sac!
  • Attribution Contact: arizonadavelarsen@gmail.com
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.56
  • Subdivision Name: GERALD ESTATES 2
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Breakfast Bar, Pantry, Full Bth Master Bdrm
  • Living Area: 2175.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground
  • Lot Features: Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: Variable Speed Pump, Diving Pool, Fenced, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Common Walls: No Common Walls
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Built-Up, Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Access/Parking, Garage Door Opener, Side Vehicle Entry
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

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

  • Land Lease: No
  • Lot Size Sq Ft: 24538.0
  • Parcel #: 167-72-024

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 2845.0
  • Tax Book Number: 167.00
  • Tax Lot: 22
  • Tax Map Number: 72.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 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%
Current Estimated Value
$988,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,173
Avg. Annual Appreciation
11.23%
Original Mortgage
$484,500
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 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
Cindy Robinson
Realty ONE Group
Buyer's Agent
Janet Ann Kowalek
Realty Executives Arizona Territory
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
Source: Public Records

Range of Values:

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Average Value
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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
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 Palomar Jose $484,500
Previous Owner Brown Dylan M $324,000
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

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 $2,750 $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

    103 Total Sales

    David Larsen
    Section Image

  • C

    Seller's Agent in 2013

    Cindy Robinson

    Realty One Group

    Section Image
  • Janet Ann Kowalek

    Buyer's Agent in 2013

    Janet Ann Kowalek

    Realty Executives

    (602) 418-4970

    58 Total Sales

    Janet Ann Kowalek
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6091867

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-72-024

Arizona Maricopa County Phoenix 85028 Paradise Valley Village

4502 E Mercer Ln, Phoenix, AZ

This home is located at 4502 E Mercer Ln, Phoenix, AZ 85028 since 18 June 2020 and is currently estimated at $988,173, approximately $454 per square foot. This property was built in 1971. 4502 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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