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$380,000

Beds
3
Baths
2.0
sq ft
1,543

3139 West Mercer Lane, Phoenix, AZ 85029

3139 West Mercer Lane

Phoenix, AZ 85029

  • 42 days on market
    • Price drop $20,000↓
Classic modern contemporary ranch style single level home, with Private in-ground Pool and Spa. Incorporate your personal touches to create the comfy living atmosphere you will enjoy for many years. Location offers all the Redesigned Metro shopping district offers now, plus all of the future newly added features and improvements. Low electric bills with Solar system service. This feature packed home and location will benefit from the Metro Center redesign under way!

Details

Property type

Single Family Residence

Est. home value

$394,161

Lot size

6,164 sq ft

Price per sq ft

$247

Year built

1972

Annual property taxes

$1,062

Monthly HOA fee

$16.67

Price History

09/09/2024
ArizonaRegional

ArizonaRegional #6748444

Price change
$380,000
-5%
08/26/2024
ArizonaRegional

ArizonaRegional #6748444

Listed
$400,000
+36.99%
09/18/2020
ArizonaRegional

ArizonaRegional #6111943

Sold
$292,000

Schools & Community

Neighborhood: 

North Mountain

Elementary school: 

Lakeview Elementary School

Middle school: 

Cholla Complex

High school: 

Moon Valley High School

High school district: 

Glendale Union High School District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$85,222
Asking price
$380,000
Closing costs (~8% of asking)
-$30,400
Est. remaining loan balance
-$264,378
Cash to seller
$85,222

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

September 2020

Original loan amount

$289,656

Est. remaining balance

$264,378

Interest rate

3.01%

Loan type

FHA, 30 year

Seller

Victoria Rene Briscoe and Aaron Matthew Bunyar

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 10/07/2024 at 4:25 AM

Listing updated: 09/09/2024 at 4:39 PM

Listed by: Edward G Ferris, Ferris Realty Phone #: (602) 568-5377

MLS: ArizonaRegional #6748444

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