tomo logo

$445,000

Beds
3
Baths
2.0
sq ft
1,790

3735 West Mercer Lane, Phoenix, AZ 85029

3735 West Mercer Lane

Phoenix, AZ 85029

  • 46 days on market
    • Price drop $5,000↓
3735 W MERCER LN, Phoenix, AZ 85029 - Pride of ownership in this great block home updated front to back, $25,000 remodel/resurface to play pool and kool decking, $12,000 in new artificial turf and pavers in front and backyard, wall to wall wood plank tile on the inside, kitchen remodeled in 2021, AC & water heater replaced in 2020, bathrooms remodeled in 2019. This home will sell quickly. Nice open floorplan with entertainer's backyard. Great central location close to freeway and shopping but on a quiet interior lot. BACK FROM SOLD, buyer could not qualify. Solar lease currently $131 monthly, roughly 10 years left.

Details

Property type

Single Family Residence

Est. home value

$392,912

Lot size

9,101 sq ft

Price per sq ft

$249

Year built

1970

Annual property taxes

$1,276

HOA

No

Price History

01/02/2025
ArizonaRegional

ArizonaRegional #6787447

Price change
$445,000
-1.11%
12/20/2024
ArizonaRegional

ArizonaRegional #6787447

Listed
$450,000
12/02/2024
ArizonaRegional

ArizonaRegional #6787447

Pending
$450,000
+5.88%

Schools & Community

Neighborhood: 

North Mountain

Elementary school: 

Abraham Lincoln Traditional School

Middle school: 

Abraham Lincoln Traditional 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

$19,374
Asking price
$445,000
Closing costs (~8% of asking)
-$35,600
Est. remaining loan balance
-$390,026
Cash to seller
$19,374

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

March 2022

Original loan amount

$412,250

Est. remaining balance

$390,026

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Troy Damper and Wendell Lee Meyer

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: 01/08/2025 at 12:20 AM

Listing updated: 01/02/2025 at 6:00 PM

Listed by: Scott Porambo, Prime House LLC Phone #: (602) 980-3446

MLS: ArizonaRegional #6787447

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