NOT LISTED FOR SALE

7535 E Mercer Ln Scottsdale, AZ 85260

Estimated Value: $758,000 - $954,000

3 Beds
2.5 Baths
2,735 Sq Ft
$321/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $515,000 $188 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,193/month

156 Days on Market

Highlights

  • Private Pool
  • 1 Fireplace
  • Eat-In Kitchen
  • Sequoya Elementary School Rated A
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of September 2019

Complete beautiful remodel in 2016! All updated with today's colors and finishes. Pool resurfaced with pebble tec, new windows and doors, new roof, new cabinets throughout, farm house sink, quartz counter tops, carpet, interior and exterior paint, fireplace stone, baseboards, custom flooring throughout including marble baths, can lighting, all completed in 2016! High end Samsung appliance. Control the home's temperature remotely. So many upgrades, you have to see for yourself! This is a great home for entertaining. Every room in the home is oversized giving a very expansive feel. Great central Scottsdale location, close to restaurants, shopping and more. Walk to Shea Harkins 14 movie theatre. HOA includes front yard maintenance. SEE DOCUMENT TAB REGARDING LAND LEASE!

Last Agent to Sell the Property

Ronald Budelier

HomeSmart License #SA042708000 Listed on: 03/27/2019

HomeSmart

Last Buyer's Agent

Curt Johnson

Compass License #SA572181000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,526

Year Built

  • Built in 1988

Lot Details

  • 7,569 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot
  • Land Lease of $599 per month

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,735 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

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

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, street maintenance, front yard maint
  • Briarwood North Association, Phone Number (480) 396-4567
  • Built by Malouf
  • Briarwood North Lot 1 44 Tr A J Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 175-43-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,526

Year Built

Built in 1988

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Cross Street: Shea and Miller
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Leasehold
  • HOA #2: N
  • Association Fees Land Lease Fee: 599.0
  • Association Fees Land Lease Fee: Y
  • Land Lease Paid Frequency: Monthly
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 774.0
  • Basement: N
  • Bathrooms Year Updated: 2016
  • Items Updated Floor Yr Updated: 2016
  • Items Updated Pool Yr Updated: 2016
  • Items Updated Wiring Yr Updated: 2016
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1988
  • Tax Year: 2018
  • Directions: West on Shea from Miller to 75th Place, North on 75th Place to Mercer Lane. Left on Mercer and the home is the second home on the left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: BRIARWOOD NORTH LOT 1-44 TR A-J
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 175.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2735.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Association Name: BRIARWOOD NORTH
  • Phone: 480-396-4567 ext 224
  • 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:HOA Telephone4: 480-396-4567 x224
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, 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: 7569.0
  • Parcel #: 175-43-029

Building Info

  • Builder Name: Malouf

Rental Info

  • Land Lease Amount: 599.0

Tax Info

  • Tax Annual Amount: 2526.0
  • Tax Book Number: 175.00
  • Tax Lot: 18
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2019
Closed on
Sep 11, 2019
Sold by
Aronov Avra N
Bought by
Harar Paulette and Opalinski Mary Ellen
Seller's Agent
Ronald Budelier
HomeSmart
Buyer's Agent
Curt Johnson
Compass
List Price
$569,900
Sold Price
$515,000
Premium/Discount to List
-$54,900
-9.63%
Current Estimated Value
$883,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,014
Avg. Annual Appreciation
9.54%
Original Mortgage
$412,000
Outstanding Balance
$362,454
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$515,141

Purchase Details

Listed on
Jun 23, 2016
Closed on
Sep 8, 2016
Sold by
Chopper Construction
Bought by
Aronov Avra N
Seller's Agent
Eric Bengson
Realty Executives
Buyer's Agent
Michelle Conley
HomeSmart Realty
List Price
$519,950
Sold Price
$480,000
Premium/Discount to List
-$39,950
-7.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%
Original Mortgage
$384,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 20, 2015
Closed on
Feb 25, 2016
Sold by
Wilmington Trust National Association
Bought by
Chopper Construction Llc
Seller's Agent
Shawna Sexton
ATLAS AZ, LLC
Buyer's Agent
Eric Bengson
Realty Executives Arizona Territory
List Price
$343,500
Sold Price
$310,000
Premium/Discount to List
-$33,500
-9.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
135.67%
Original Mortgage
$75,000
Interest Rate
3.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 7, 2014
Sold by
Herberger Enterprises Inc
Bought by
Wilmington Trust National Association

Purchase Details

Closed on
Aug 24, 2009
Sold by
Cichy Leslie
Bought by
Lavett James J

Purchase Details

Closed on
Jun 19, 2006
Sold by
Lavett James J
Bought by
Lavett James J and Cichy Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,250
Interest Rate
7.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 22, 2004
Sold by
Iverson Charles Steven
Bought by
Lavett James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 1998
Sold by
Keith Sally Esther
Bought by
Iverson Charles Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Harar Paulette $515,000 Lawyers Title Of Arizona Inc
Aronov Avra N $480,000 Old Republic Title Agency
Chopper Construction Llc $310,000 None Available
Wilmington Trust National Association -- None Available
Lavett James J -- Lawyers Title Insurance Corp
Lavett James J -- American Title Svc Agency Ll
Lavett James J $307,000 --
Iverson Charles Steven $215,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harar Paulette $412,000
Previous Owner Aronov Avra N $384,000
Previous Owner Chopper Construction Llc $75,000
Previous Owner Lavett James J $350,250
Previous Owner Lavett James J $70,050
Previous Owner Lavett James J $245,600
Previous Owner Iverson Charles S $138,061
Previous Owner Iverson Charles Steven $165,000
Closed Lavett James J $61,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $515,000 -2.6% $188 / Sq Ft
09/03/2019 09/03/19 Price Changed $528,500 -1.1% $193 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
08/23/2019 08/23/19 Price Changed $534,500 -0.9% $195 / Sq Ft
08/14/2019 08/14/19 Price Changed $539,500 -0.6% $197 / Sq Ft
08/07/2019 08/07/19 Price Changed $543,000 -0.9% $199 / Sq Ft
07/25/2019 07/25/19 Price Changed $548,000 -1.3% $200 / Sq Ft
07/08/2019 07/08/19 Price Changed $555,400 -1.2% $203 / Sq Ft
07/01/2019 07/01/19 Price Changed $562,400 -0.4% $206 / Sq Ft
06/18/2019 06/18/19 Price Changed $564,900 -0.9% $207 / Sq Ft
06/01/2019 06/01/19 For Sale $569,900 0.0% $208 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
05/20/2019 05/20/19 Price Changed $569,900 -1.7% $208 / Sq Ft
05/10/2019 05/10/19 Price Changed $579,900 -0.9% $212 / Sq Ft
04/24/2019 04/24/19 Price Changed $585,000 -0.8% $214 / Sq Ft
04/02/2019 04/02/19 Price Changed $589,900 -1.7% $216 / Sq Ft
03/27/2019 03/27/19 For Sale $599,900 +25.0% $219 / Sq Ft
09/23/2016 09/23/16 Sold $480,000 -5.9% $176 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
08/04/2016 08/04/16 Price Changed $509,950 -18.4% $186 / Sq Ft
08/04/2016 08/04/16 Price Changed $625,000 +22.6% $229 / Sq Ft
07/21/2016 07/21/16 Price Changed $509,950 -1.0% $186 / Sq Ft
07/07/2016 07/07/16 Price Changed $514,900 -1.0% $188 / Sq Ft
06/23/2016 06/23/16 For Sale $519,950 +67.7% $190 / Sq Ft
03/22/2016 03/22/16 Sold $310,000 -7.5% $113 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
01/18/2016 01/18/16 Price Changed $335,000 -2.5% $122 / Sq Ft
12/18/2015 12/18/15 For Sale $343,500 -- $126 / 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 $2,198 $46,094 -- --
2024 $2,593 $43,899 -- --
2023 $2,593 $59,680 $11,930 $47,750
2022 $2,476 $42,460 $8,490 $33,970
2021 $2,687 $38,820 $7,760 $31,060
2020 $2,663 $38,150 $7,630 $30,520
2019 $2,586 $35,700 $7,140 $28,560
2018 $2,526 $34,380 $6,870 $27,510
2017 $2,384 $33,830 $6,760 $27,070
2016 $2,721 $33,510 $6,700 $26,810
2015 $2,247 $34,110 $6,820 $27,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5901880

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-43-029