NOT LISTED FOR SALE

7438 W Mercer Ln Peoria, AZ 85345

Estimated Value: $353,687 - $368,000

4 Beds
2 Baths
1,719 Sq Ft
$211/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $176,400 $103 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,972/month

53 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Centennial High School Rated A
  • Heating Available

About This Home

As of November 2017

Expansive 4 bedroom 2 bath home. Brand new kitchen with granite countertops and stainless steel appliances. Tile floor throughout home with new carpet and ceiling fans in bedrooms. New paint and trim inside and out. Nice covered patio and block fence backyard. Come check out this wonderful home, you are going to love it!

Last Agent to Sell the Property

Andrew Farsje

neXGen Real Estate License #SA668502000 Listed on: 09/08/2017

Last Buyer's Agent

Maria Perez

Sevilla Arizona Real Estate License #BR556767000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $614

Year Built

  • Built in 1963

Lot Details

  • 6,957 Sq Ft Lot
  • Block Wall Fence

Parking

  • 4 Open Parking Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,719 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Santa Fe Elementary School
  • Centennial Elementary Middle School
  • Centennial High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Peoria Homes Subdivision

Listing and Financial Details

  • Tax Lot 78
  • Assessor Parcel Number 143-45-078

Home Details

Home Type

Single Family

Est. Annual Taxes

$614

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 75th Avenue and Peoria Ave
  • Legal Info Range: 1E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1963
  • Tax Year: 2017
  • Directions: Go north on 75th Avenue from Peoria Avenue, go right on W Desert Cove Ave, go right on 75th Avenue, go left on Mercer Avenue, house is on your left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: PEORIA HOMES
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm
  • Living Area: 1719.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Reverse Osmosis: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Santa Fe Elementary School
  • High School: Centennial High School
  • Junior High Dist: Peoria Unified School District
  • Middle Or Junior School: Centennial Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6957.0
  • Parcel #: 143-45-078

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 613.56
  • Tax Book Number: 143.00
  • Tax Lot: 78
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2017
Closed on
Nov 21, 2017
Sold by
Real Assets Fund Ii Llc
Bought by
Montalvo Geraldine
Seller's Agent
Andrew Farsje
neXGen Real Estate
Buyer's Agent
Maria Perez
Sevilla Arizona Real Estate
List Price
$189,900
Sold Price
$176,400
Premium/Discount to List
-$13,500
-7.11%
Current Estimated Value
$362,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,772
Avg. Annual Appreciation
9.58%
Original Mortgage
$161,538
Outstanding Balance
$138,841
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$223,331

Purchase Details

Listed on
May 2, 2012
Closed on
Jun 10, 2012
Sold by
Kempf Virginia A
Bought by
Real Asset Fund Ii Llc
Seller's Agent
Shelly Hausfeld
My Home Group Real Estate
Buyer's Agent
Shelly Hausfeld
My Home Group Real Estate
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.89%

Purchase Details

Closed on
Nov 23, 2004
Sold by
Kempf Herbert A
Bought by
Kempf Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 14, 1995
Sold by
Kempf Herbert A
Bought by
Kempf Virginia A

Purchase Details

Closed on
Oct 21, 1988
Sold by
Kempf Victoria
Bought by
Kempf Herbert A and Kempf Virginia A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Montalvo Geraldine $176,400 Driggs Title Agency Inc
Real Asset Fund Ii Llc $55,000 Lawyers Title Of Arizona Inc
Kempf Virginia A -- Westland Title Agency Of Az
Kempf Virginia A -- --
Kempf Herbert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montalvo Geraldine $161,538
Previous Owner Kempf Virginia A $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2017 11/29/17 Sold $176,400 +0.9% $103 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/24/2017 10/24/17 Price Changed $174,900 -2.7% $102 / Sq Ft
10/20/2017 10/20/17 Price Changed $179,800 -0.1% $105 / Sq Ft
10/07/2017 10/07/17 Price Changed $179,900 -1.6% $105 / Sq Ft
09/30/2017 09/30/17 Price Changed $182,900 -1.1% $106 / Sq Ft
09/23/2017 09/23/17 Price Changed $184,900 -1.6% $108 / Sq Ft
09/16/2017 09/16/17 Price Changed $187,900 -1.1% $109 / Sq Ft
09/08/2017 09/08/17 For Sale $189,900 +245.3% $110 / Sq Ft
06/21/2012 06/21/12 Sold $55,000 -- $32 / Sq Ft View Prior Sale
05/02/2012 05/02/12 Pending -- -- --
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 $523 $6,905 -- --
2024 $529 $6,576 -- --
2023 $529 $24,030 $4,800 $19,230
2022 $518 $18,220 $3,640 $14,580
2021 $555 $16,420 $3,280 $13,140
2020 $560 $15,250 $3,050 $12,200
2019 $542 $13,050 $2,610 $10,440
2018 $524 $12,210 $2,440 $9,770
2017 $614 $9,850 $1,970 $7,880
2016 $607 $9,730 $1,940 $7,790
2015 $564 $6,420 $1,280 $5,140
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Andrew Farsje

    neXGen Real Estate

  • Maria Perez

    Buyer's Agent in 2017

    Maria Perez

    Sevilla Arizona Real Estate

    (480) 343-7515

    8 in this area

    88 Total Sales

    Maria Perez
    Section Image
  • Shelly Hausfeld

    Seller's Agent in 2012

    Shelly Hausfeld

    My Home Group

    (623) 385-6750

    2 in this area

    36 Total Sales

    Shelly Hausfeld
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5657554

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-45-078

Arizona Maricopa County Peoria 85345

7438 W Mercer Ln, Peoria, AZ

This home is located at 7438 W Mercer Ln, Peoria, AZ 85345 since 08 September 2017 and is currently estimated at $362,172, approximately $210 per square foot. This property was built in 1963. 7438 W Mercer Ln is a home located in Maricopa County with nearby schools including Sundance Elementary School, Centennial High School, and Academy of Math & Science - Peoria Advanced.

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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