5540 E Mercer Ln Scottsdale, AZ 85254
Paradise Valley NeighborhoodEstimated Value: $1,970,000 - $2,709,120
5
Beds
3
Baths
4,074
Sq Ft
$576/Sq Ft
Est. Value
Highlights
- Tennis Courts
- Private Pool
- 1.11 Acre Lot
- Sequoya Elementary School Rated A
- Sitting Area In Primary Bedroom
- Family Room with Fireplace
About This Home
As of June 2014LIKE A RESORT STAY. Secluded, on over an ACRE cul-de-sac lot, with lighted tennis court, magnificent curb appeal, gorgeous remodeled interior spaces and resort yard. This five-star beauty is a must see! Inspiring, over twenty foot high tongue and groove ceilings, clerestory windows and beautiful Brazilian Cherry wood floors. A massive center island sets the stage in the dream kitchen. Double wall ovens, desk and smooth cooktop. Grand family room opens to the dining room, wet bar and kitchen with built-ins and fireplace. Double doors reveal the enormous master. Sitting area, his and hers walk-in closets, private exit and stunning redone contemporary bath. Numerous amenities out back - entertainment Ramada, pool, fireplace, misting system and more. Room to park a dozen cars.
Last Agent to Sell the Property
JoAnn Callaway
eXp Realty License #SA116490000 Listed on: 04/23/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,530
Year Built
- Built in 1974
Lot Details
- 1.11 Acre Lot
- Desert faces the front of the property
- Cul-De-Sac
- Block Wall Fence
- Misting System
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Private Yard
- Grass Covered Lot
Parking
- 2 Car Direct Access Garage
- 2 Carport Spaces
- Side or Rear Entrance to Parking
- Garage Door Opener
- Circular Driveway
Home Design
- Wood Frame Construction
- Tile Roof
- Built-Up Roof
- Block Exterior
- Stucco
Interior Spaces
- 4,074 Sq Ft Home
- 1-Story Property
- Wet Bar
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Double Pane Windows
- Family Room with Fireplace
- 2 Fireplaces
- Laundry in unit
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Sitting Area In Primary Bedroom
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- 3 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Pool
- Private Pool
- Diving Board
Outdoor Features
- Tennis Courts
- Covered patio or porch
- Outdoor Fireplace
- Gazebo
- Playground
Schools
- Sequoya Elementary School
- Cocopah Middle School
- Chaparral High School
Utilities
- Refrigerated Cooling System
- Heating Available
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Avant 1 Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 12
- Assessor Parcel Number 167-77-013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 8, 2021
Sold by
Hamid Ayman and Hamid Melissa
Bought by
Hamid Ayman and Hamid Melissa
Total Days on Market
4
Current Estimated Value
Purchase Details
Listed on
Apr 23, 2014
Closed on
Jun 23, 2014
Sold by
Hamid Ayman
Bought by
Hamid Ayman and Hamid Melissa
Seller's Agent
JoAnn Callaway
eXp Realty
Buyer's Agent
Caryn Shannon
Bold Realty LLC
List Price
$850,000
Sold Price
$830,000
Premium/Discount to List
-$20,000
-2.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$664,000
Interest Rate
3.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Apr 23, 2014
Closed on
Jun 19, 2014
Sold by
Hamid Melissa
Bought by
Hamid Ayman
Seller's Agent
JoAnn Callaway
eXp Realty
Buyer's Agent
Caryn Shannon
Bold Realty LLC
List Price
$850,000
Sold Price
$830,000
Premium/Discount to List
-$20,000
-2.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
3.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Apr 23, 2014
Closed on
Jun 17, 2014
Sold by
Pomes Frederique C
Bought by
Hamid Ayman
Seller's Agent
JoAnn Callaway
eXp Realty
Buyer's Agent
Caryn Shannon
Bold Realty LLC
List Price
$850,000
Sold Price
$830,000
Premium/Discount to List
-$20,000
-2.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
3.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 21, 2012
Sold by
Freeman Pomes Frederique C
Bought by
Pomes Frederique C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 13, 2002
Sold by
Freeman Thomas Allan
Bought by
Pomes Frederique C Freeman
Purchase Details
Closed on
Aug 14, 1997
Sold by
Holder J Michael and Holder Elisabeth
Bought by
Marcus Brian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 24, 1996
Sold by
Dye Mark Victor and Dye Lori Jayne
Bought by
Holder J Michael and Holder Vicki E
Purchase Details
Closed on
Sep 1, 1995
Sold by
Holder J Michael and Holder Vicki E
Bought by
Dye Mark Victor and Dye Lori Jayne
Similar Homes in Scottsdale, AZ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hamid Ayman | -- | None Available | |
| Hamid Ayman | -- | Accommodation | |
| Hamid Ayman | -- | Old Republic Title Agency | |
| Hamid Ayman | $830,000 | Old Republic Title Agency | |
| Pomes Frederique C | -- | Driggs Title Agency Inc | |
| Pomes Frederique C Freeman | -- | Chicago Title Insurance Co | |
| Pomes Frederique C Freeman | $660,000 | Chicago Title Insurance Co | |
| Marcus Brian | $470,000 | Transnation Title Ins Co | |
| Holder J Michael | -- | -- | |
| Dye Mark Victor | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hamid Living Trust | $512,000 | |
| Closed | Hamid Ayman | $134,900 | |
| Closed | Hamid Ayman | $664,000 | |
| Closed | Hamid Ayman | $664,000 | |
| Closed | Hamid Ayman | $664,000 | |
| Previous Owner | Pomes Frederique C | $100,000 | |
| Previous Owner | Marcus Brian | $376,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2014 06/26/14 | Sold | $830,000 | -2.4% | $204 / Sq Ft |
| 04/23/2014 04/23/14 | For Sale | $850,000 | -- | $209 / 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 | $6,531 | $90,734 | -- | -- |
| 2024 | $6,388 | $86,413 | -- | -- |
| 2023 | $6,388 | $156,500 | $31,300 | $125,200 |
| 2022 | $6,102 | $117,180 | $23,430 | $93,750 |
| 2021 | $6,346 | $107,030 | $21,400 | $85,630 |
| 2020 | $6,244 | $100,130 | $20,020 | $80,110 |
| 2019 | $6,200 | $78,070 | $15,610 | $62,460 |
| 2018 | $5,939 | $73,060 | $14,610 | $58,450 |
| 2017 | $5,682 | $69,820 | $13,960 | $55,860 |
| 2016 | $5,521 | $68,510 | $13,700 | $54,810 |
| 2015 | $5,011 | $65,030 | $13,000 | $52,030 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2014
JoAnn Callaway
eXp Realty
-
Caryn Shannon
C
Buyer's Agent in 2014
Caryn Shannon
Bold Realty LLC
(602) 373-0115
2 in this area
97 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5104814
APN: 167-77-013
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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