NOT LISTED FOR SALE

8007 E Mercer Ln Scottsdale, AZ 85260

Estimated Value: $1,249,000 - $1,844,000

5 Beds
3.5 Baths
3,998 Sq Ft
$397/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $680,000 $170 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $8,775/month

113 Days on Market

Highlights

  • Play Pool
  • Gated Community
  • Covered Patio or Porch
  • Cochise Elementary School Rated A
  • Hydromassage or Jetted Bathtub
  • 3 Car Direct Access Garage

About This Home

As of May 2018

Beautiful family home sits on an oversized cul-de-sac lot in the exclusive gated Villa Tierra community. This large 5 bed 3 ½ bath home has a full basement with huge great room, built-in storage, 2 bedrooms, and full bath. Three more bedrooms are on the main floor of this home, including the spacious Master with built-in entertainment niche, en-suite bath with separate sinks, separate tub and shower, split his and hers dual walk-in closet with built-in organization. Upstairs also features a living room with wet bar, family room with gas fireplace, office, 1 and ½ additional baths, eat-in kitchen and laundry room. The large kitchen features beautiful and modern white cabinets, stainless and black appliance suite, Corian countertops, double wall oven, contrasting black island with 2nd sink and breakfast bar. The backyard retreat hosts a covered patio, putting green and heated salt-water pool and spa. The 3 car garage is finished with epoxy floors and built-in cabinets, and newer Trane A/C units installed in 2013.

Last Agent to Sell the Property

Jason Penrose

eXp Realty License #BR518159000 Listed on: 01/12/2018

eXp Realty

Last Buyer's Agent

Andrew Starkman

Blocks Brokerage LLC License #SA674532000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,737

Year Built

  • Built in 1994

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,998 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Pool

  • Play Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 175-30-143

Community Details

Overview

  • Property has a Home Owners Association
  • Heywood Community Association, Phone Number (480) 820-1519
  • Built by Monterey Homes
  • Villa Tierra Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,737

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Shea Blvd & Hayden Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 138.33
  • Basement: Y
  • Cooling HVAC SEER Rating: 16
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2013
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1994
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: Head west on Shea Blvd from the Loop 101, turn right on Hayden, turn right on Desert Cove Ave, turn right on 80th place, enter gate code, take 1st right on Mercer, home will be on your left at end.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.29
  • Subdivision Name: VILLA TIERRA
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 415.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Flooring: Carpet, Linoleum, Tile
  • Spa Features: Heated, Private
  • Possible Bedrooms: 8
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, Soft Water Loop, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 3998.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Basement Description:Finished2: Yes
  • Basement Description:Full: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Grass Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only, Gas Dryer Hookup
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Quarterly
  • Association Name: Villa Tierra
  • Phone: 480-820-1519
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 188.5
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Villa Tierra
  • Association Fees:HOA Telephone4: 480-820-1519
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 480.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Heywood Community
  • Association Fees:HOA Management Phone: 480-820-1519
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Schools

  • Elementary School: Cochise Elementary School
  • High School: Chaparral High School
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12563.0
  • Parcel #: 175-30-143
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Monterey Homes

Tax Info

  • Tax Annual Amount: 3737.0
  • Tax Book Number: 175.00
  • Tax Lot: 33
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2018
Closed on
May 20, 2018
Sold by
Devoe Christopher and Speros Christina
Bought by
Speros Christina and Devoe Christopher
Seller's Agent
Jason Penrose
eXp Realty
Buyer's Agent
Andrew Starkman
Blocks Brokerage LLC
List Price
$764,900
Sold Price
$680,000
Premium/Discount to List
-$84,900
-11.1%
Current Estimated Value
$1,587,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$907,283
Avg. Annual Appreciation
12.21%

Purchase Details

Listed on
Jan 12, 2018
Closed on
May 16, 2018
Sold by
Twitty Howard A
Bought by
Speros Lynn D and Speros Christina
Seller's Agent
Jason Penrose
eXp Realty
Buyer's Agent
Andrew Starkman
Blocks Brokerage LLC
List Price
$764,900
Sold Price
$680,000
Premium/Discount to List
-$84,900
-11.1%

Purchase Details

Closed on
Jun 17, 2016
Sold by
Twitty Sheryl R
Bought by
Twitty Howard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 7, 1995
Sold by
Monterey Homes Corp
Bought by
Twitty Howard A and Twitty Sheryl R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 1994
Sold by
First American Title Insurance Company
Bought by
Monterey Management Inc
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
Speros Christina -- Lawyers Title Of Arizona Inc
Speros Lynn D $680,000 Lawyers Title Of Arizona Inc
Twitty Howard A -- Chicago Title Agency
Twitty Howard A $338,755 First American Title
Monterey Homes Corp -- First American Title
Monterey Management Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Twitty Howard A $417,000
Previous Owner Twitty Howard A $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $680,000 -6.2% $170 / Sq Ft
05/05/2018 05/05/18 Pending -- -- --
03/27/2018 03/27/18 Price Changed $724,900 -2.7% $181 / Sq Ft
02/16/2018 02/16/18 Price Changed $744,900 -2.6% $186 / Sq Ft
01/12/2018 01/12/18 For Sale $764,900 -- $191 / 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 $4,306 $72,467 -- --
2024 $4,249 $69,016 -- --
2023 $4,249 $86,130 $17,220 $68,910
2022 $4,000 $69,070 $13,810 $55,260
2021 $4,287 $67,370 $13,470 $53,900
2020 $4,244 $65,410 $13,080 $52,330
2019 $4,074 $65,370 $13,070 $52,300
2018 $3,928 $60,970 $12,190 $48,780
2017 $3,737 $58,780 $11,750 $47,030
2016 $3,653 $55,260 $11,050 $44,210
2015 $3,487 $54,400 $10,880 $43,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5708250

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-30-143