4 months on rocket

2531 E Mercer Ln, Phoenix, AZ, 85028

$719,900

Home List Price

$8,549*

Closing Credit

4 Bedrooms
2 Baths
2,190 SqFt
$329/SqFt
House
Schools Nearby

Location

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2531 E Mercer Ln, Phoenix$719,900

Buyer Closing Credits

$8,549*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1972
HeatingNatural Gas
Fireplace1 Fireplace, Living Room
ViewMountain(s)
MLS #6634389
Lot Size0.24 Acres
StatusActive

About 2531 E Mercer Ln

Welcome home! This splendid 4-bed, 2-bath residence offers a blend of elegance and practicality, featuring a 2-car garage, an RV gate, attractive pavers, and a well-maintained lawn. The great room is a welcoming space, illuminated by recessed lighting, adorned with wood flooring, and centered around a cozy fireplace. The kitchen boasts sleek quartz counters, white shaker cabinets, SS appliances, a convenient pantry, and stylish pendant lighting over an island with a breakfast bar. The main bedroom is a peaceful retreat, complete with a walk-in closet and an ensuite with dual sinks. The backyard is an extension of the home's charm, offering a covered patio, a handy storage shed, low-maintenance artificial turf, and ample space to create your personal oasis.

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 1972
  • Stories: 1
  • Living Area: 2,190 SqFt

Listing Office:

  • Office Name: Revinre
  • Office Phone: (602) 755-8041
  • Listing Agent: Mark D De Maio

Interior Features

Interior Information:

  • Flooring Type: Vinyl
  • Interior: Eat-in Kitchen, Breakfast Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Fireplace: 1 Fireplace, Living Room

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

School Info

Assigned Schools Information:

  • Shadow Mountain High School, Public District Grades 9-12
  • Pvonline, Public District Grades KG-12
  • Shea Middle School, Public District Grades 7-8
  • Desert Cove Elementary School, Public Charter Grades KG-6

Other

Directions Information:

  • Directions: Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $719,900
  • Price Per SqFt: $329/SqFt

Tax Information:

  • Annual Amount: $2,253
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

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Phoenix, AZ

City

Med. Sold Price

$440K

Med. Price/SqFt

$281

Avg. Days On Market

54

# of Sold Homes

1488

2531 E Mercer Ln vs Phoenix

149 DAYS ON ROCKET

+95 Days

$719,900

+$279.8K More

$329/SqFt

+$48 More

KEY TAKEAWAY

This property is $279.8K more than the Median Sold Price and $48/SqFt more than other homes in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6634389

Listing Office:

  • Office Name: Revinre
  • Office Phone: (602) 755-8041
  • Listing Agent: Mark D De Maio

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:55:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,253$32,200
2020$2,175$31,450
2019$2,105$28,080
2017$1,813$22,070

History based on county public records data.

Payment Calculator

$3,660

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,225

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1991314
4
/10

  • Desert Cove Elementary School

  • 11020 N 28th St

  • 0.27 miles

  • Public Charter Grades KG-6

Middle School

school-card-donut-1991315
4
/10

  • Shea Middle School

  • 2728 E Shea Blvd

  • 0.32 miles

  • Public District Grades 7-8

High School

school-card-donut-1991316
5
/10

  • Shadow Mountain High School

  • 2902 E Shea Blvd

  • 0.46 miles

  • Public District Grades 9-12

school-card-donut-1991317
4
/10

  • Pvonline

  • 15002 N 32nd St

  • 2.73 miles

  • Public District Grades KG-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $108,102. Residents of Phoenix, AZ typically earn between $100k-200k each year. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2531 E Mercer Ln

What is the listing price of this property?

The listing price of 2531 E Mercer Ln property is $719,900.

What type of property is this?

The property 2531 E Mercer Ln is a house located in Phoenix, Arizona, 85028.

Is this property for sale now?

Active Listing: 2531 E Mercer Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2531 E Mercer Ln are:
Desert Cove Elementary School: GreatSchools Rating 4/10
Shea Middle School: GreatSchools Rating 4/10
Shadow Mountain High School: GreatSchools Rating 5/10
Pvonline: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,253 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2531 E Mercer Ln has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2531 E Mercer Ln is 2,190 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2531 E Mercer Ln is 1972.

Rocket Homes›Arizona›Maricopa County›Phoenix›85028›2531 E Mercer Ln

This home is located at 2531 E Mercer Ln in Phoenix, AZ and zip code 85028 in the Paradise Valley Village neighborhood. This 2,190 square foot home, which was built in 1972, sits on a 0.24 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 30, 2023 and is currently priced at $719,900.

In March 2024, from all listings sold in Phoenix, AZ there were more than 282 sold above asking price, over 788 sold below and more than 418 were sold right at the asked price. Between February 2024 and March 2024, Phoenix, AZ real estate market has seen increase in the number of listings by 7.8%. Listings spent 54 days on the market in March 2024, and had a median list price of $440,050 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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