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$398,800

Beds
3
Baths
2.0
sq ft
1,590

3243 West Mercer Lane, Phoenix, AZ 85029

3243 West Mercer Lane

Phoenix, AZ 85029

  • 3 days on market
    • Price drop $1,199↓
Welcome home! This charming 3-bedroom, 2-bathroom property is located in a sought-after Phoenix neighborhood. The open kitchen layout seamlessly connects to the dining and living areas, creating a great space for entertaining. The Arizona room, with its skylight, offers versatile options for a home office, playroom, or relaxation area. A second structure on the property can be used as a workshop, game room, or den. Recent upgrades include new kitchen countertops, sink, faucet, garbage disposal, and dishwasher. The hall bathroom has been updated with a new vanity, toilet, and fixtures. Additional highlights: plantation shutters, new flooring, a storm door in the workroom, and an in-ground water control system. The backyard is perfect for outdoor activities. Don't miss it!

Details

Property type

Single Family Residence

Est. home value

$378,626

Lot size

8,673 sq ft

Price per sq ft

$251

Year built

1967

Annual property taxes

$1,264

HOA

No

Price History

03/28/2025
ArizonaRegional

ArizonaRegional #6842075

Price change
$398,800
-0.3%
03/27/2025
ArizonaRegional

ArizonaRegional #6842075

Listed
$399,999
+9.59%
10/14/2022
ArizonaRegional

ArizonaRegional #6423355

Sold
$365,000

Schools & Community

Neighborhood: 

North Mountain

Elementary school: 

Lakeview Elementary School

Middle school: 

Cholla Middle School

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

$150,415
Asking price
$398,800
Closing costs (~8% of asking)
-$31,904
Est. remaining loan balance
-$216,481
Cash to seller
$150,415

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2022

Original loan amount

$224,000

Est. remaining balance

$216,481

Interest rate

5.55%

Loan type

New Conventional, 30 year

Seller

Randi Buslik

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?

Status: Active

Tomo last checked: 03/30/2025 at 5:15 PM

Listing updated: 03/28/2025 at 4:16 PM

Listed by: Alym Dhalla, Orchard Brokerage Phone #: (480) 577-5595

MLS: ArizonaRegional #6842075

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