NOT LISTED FOR SALE

7435 E Mercer Ln Scottsdale, AZ 85260

Estimated Value: $708,000 - $962,000

3 Beds
2.5 Baths
2,848 Sq Ft
$308/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $655,000 $230 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,023/month

29 Days on Market

Highlights

  • Private Pool
  • Eat-In Kitchen
  • Central Air
  • Sequoya Elementary School Rated A
  • Dual Vanity Sinks in Primary Bathroom
  • Ceiling Fan

About This Home

As of December 2020

GREATER CENTRAL SCOTTSDALE LOCATION, this remodeled free standing patio home is located in the highly sought after Briarwood North community on a quiet cul-de-sac lot. The 2020 remodels include Regal wood floors installed throughout the home (no carpet), quartz counter tops installed in kitchen and utility room. The home has new paint, inside and outside.

The outside of the home features smooth sand stucco with stone accents. This patio home has an elegant iron entry gate leading into the courtyard, vaulted ceilings in the living and dining rooms with custom beams, a 3-sided fireplace, Anderson windows, an eat in kitchen and other numerous updates. The master suite is oversized and mater bath features a garden tub and shower. Study has built in desk and bookshelves. The back yard is serene and very private with a covered patio, pavers and a sparkling pool.

PROPERTY ON LEASED LAND. MONTHLY LAND LEASE FEE IS 1/10 OF 1% OF SALES PRICE.

Last Agent to Sell the Property

Evelyn Monkres

Coldwell Banker Realty License #SA681083000 Listed on: 10/19/2020

Coldwell Banker Realty

Last Buyer's Agent

Tommy Atkinson

Realty ONE Group License #SA527127000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,783

Year Built

  • Built in 1988

Lot Details

  • 8,587 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot
  • Land Lease of $680 per month

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Patio Home
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,848 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Spa

Schools

  • Cochise Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Association fees include front yard maint
  • Ogden Association, Phone Number (480) 396-4567
  • Built by MALOUF BUILDERS
  • Briarwood North Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 175-43-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,783

Year Built

Built in 1988

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Cross Street: SHEA AND HAYDEN BLVD
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Leasehold
  • HOA #2: N
  • Association Fees Land Lease Fee: 680.0
  • Association Fees Land Lease Fee: Y
  • Land Lease Paid Frequency: Monthly
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 855.0
  • Basement: N
  • Cooling HVAC SEER Rating: 12
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1988
  • Spa Private: Yes
  • Tax Year: 2020
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: BRIARWOOD NORTH
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 229.99
  • Association Fees:HOA Fee2: 175.0
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: Private
  • Appliances: Gas Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: Other, 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2848.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Gravel/Stone Back, Grass Front, Auto Timer H2O Front, Irrigation Front, Irrigation Back
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Stone
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Association Name: BRIARWOOD NORTH
  • Phone: +480 396-456-7224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: BRIARWOOD NORTH
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:HOA Management Company: OGDEN
  • Association Fees:HOA Management Phone: 480-396-4567 X 224
  • Association Fee Incl:Front Yard Maint: Yes

Fee Information

  • Association Fee Includes: Front Yard Maint

Schools

  • Elementary School: Cochise Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Land Lease: Yes
  • Lot Size Sq Ft: 8587.0
  • Parcel #: 175-43-036

Building Info

  • Builder Name: MALOUF BUILDERS

Rental Info

  • Land Lease Amount: 680.0

Tax Info

  • Tax Annual Amount: 2783.0
  • Tax Book Number: 175.00
  • Tax Lot: 25
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Dec 10, 2020
Sold by
Greene Steve
Bought by
Hanson Mary
Seller's Agent
Evelyn Monkres
Coldwell Banker Realty
Buyer's Agent
Tommy Atkinson
Realty ONE Group
List Price
$679,999
Sold Price
$655,000
Premium/Discount to List
-$24,999
-3.68%
Current Estimated Value
$876,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,502
Avg. Annual Appreciation
6.04%

Purchase Details

Listed on
Oct 19, 2020
Closed on
Dec 2, 2020
Sold by
Monkres Evelyn Jeanette
Bought by
Hanson Mary
Seller's Agent
Evelyn Monkres
Coldwell Banker Realty
Buyer's Agent
Tommy Atkinson
Realty ONE Group
List Price
$679,999
Sold Price
$655,000
Premium/Discount to List
-$24,999
-3.68%

Purchase Details

Closed on
Dec 19, 2007
Sold by
Berkman Shannon L
Bought by
Monkres Evelyn Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2007
Sold by
Berkman Scott A
Bought by
Berkman Shannon L

Purchase Details

Closed on
Nov 8, 2004
Sold by
Elliott Charlie R and Elliott Victoria P
Bought by
Berkman Scott A and Berkman Shannon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2003
Sold by
Theisen J Greg
Bought by
Elliott Charlie R and Elliott Victoria P

Purchase Details

Closed on
Feb 13, 2003
Sold by
Walker Nancy E
Bought by
Theisen J Greg

Purchase Details

Closed on
Dec 16, 1999
Sold by
Theisen J Greg
Bought by
Walker Nancy E

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
7.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 1995
Sold by
Theisen J Greg
Bought by
Theisen Carol A

Purchase Details

Closed on
Aug 4, 1995
Sold by
Reicher Bernard D and Reicher Sheila
Bought by
Theisen Carol A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hanson Mary -- Old Republic Title Agency
Hanson Mary $655,000 Old Republic Title Agency
Monkres Evelyn Jeanette $258,000 Grand Canyon Title Agency In
Berkman Shannon L -- Grand Canyon Title Agency
Berkman Scott A $335,000 Fidelity National Title
Elliott Charlie R $260,000 Chicago Title Insurance Co
Theisen J Greg $250,000 --
Walker Nancy E $186,000 Chicago Title Insurance Co
Theisen Carol A -- Stewart Title & Trust
Theisen Carol A $185,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monkres Evelyn Jeanette $206,400
Previous Owner Berkman Scott A $268,000
Previous Owner Walker Nancy E $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $655,000 -3.7% $230 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $679,999 -- $239 / 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 $2,900 $48,163 -- --
2024 $2,709 $45,870 -- --
2023 $2,709 $62,430 $12,480 $49,950
2022 $2,587 $44,500 $8,900 $35,600
2021 $2,808 $40,900 $8,180 $32,720
2020 $2,783 $40,310 $8,060 $32,250
2019 $2,702 $37,720 $7,540 $30,180
2018 $2,640 $36,530 $7,300 $29,230
2017 $2,491 $36,070 $7,210 $28,860
2016 $2,444 $35,460 $7,090 $28,370
2015 $2,348 $35,480 $7,090 $28,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6148874

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-43-036