4 months on rocket

1402 W Mercer Ln, Phoenix, AZ, 85029

$375,000

Home List Price

$4,453*

Closing Credit

0 Baths
House

Location

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1402 W Mercer Ln, Phoenix$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOther (See Remarks)
Year Built1984
HeatingElectric, Natural Gas
CoolingOther
MLS #6745159
StatusActive

About 1402 W Mercer Ln

Investment's Delight! Low maintenance triplex located near the foothills of Shaw Butte! Property has great hills views, and This property features one 2 bedroom/1 bath unit, one 1 bedroom/1 bath unit, 1 studio, and 2 laundry rooms. All 3 units have separate Electrical & Gas meters. Property has great potential and could be a great addition to your portfolio, or live in one and rent out the others. Must see property!

Property Details

Property Features

Property Information:

  • Year Built: 1984

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (602) 755-3415
  • Listing Agent: James Diller

Interior Features

Interior Information:

  • Flooring Type: Other

Exterior Features

Parking Information:

  • Parking: Other (See Remarks)

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas
  • Cooling: Other

Other

Directions Information:

  • Directions: East on Peoria to 15th Ave. North on 15th Ave to Mercer. East on Mercer to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000

Tax Information:

  • Annual Amount: $737
  • 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

$452.8K

Med. Price/SqFt

$285

Avg. Days On Market

66

# of Sold Homes

1212

1402 W Mercer Ln vs Phoenix

145 DAYS ON ROCKET

+79 Days

$375,000

-$77.8K Less

KEY TAKEAWAY

This property is $77.8K less than the Median Sold Price 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: #6745159

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (602) 755-3415
  • Listing Agent: James Diller

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© 2025 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: 1/9/2025, 10:21:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 10, 2019Home Sold
$290,000
Jun 29, 2017Home Sold
$209,999
Mar 21, 2017Home Sold
$135,000
Mar 21, 2017Home Sold
$120,000
Nov 06, 2015Home Sold
$115,000
Jul 10, 2009Home Sold
$65,000
Apr 26, 2007Home Sold
$215,000
Mar 09, 2006Home Sold
$159,900
Mar 05, 2003Home Sold
$97,000

Tax History

YEARPROP. TAXASSESSMENT
2021$737$15,620
2020$718$14,300
2019$687$11,800
2017$684$9,360

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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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.

Nearby Schools

school-card-donut-1449248
2
/10

  • Shaw Butte Elementary School

  • 12202 N 21st Ave

  • 1.23 miles

  • Public District Grades PK-6

school-card-donut-1449249
3
/10

  • Moon Mountain Elementary School

  • 13425 N 19th Ave

  • 1.64 miles

  • Public District Grades PK-6

school-card-donut-1449250
3
/10

  • Richard E. Miller Elementary School

  • 2021 W Alice Ave

  • 1.66 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,119. Typical income of Phoenix, AZ residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1402 W Mercer Ln

What is the listing price of this property?

The listing price of 1402 W Mercer Ln property is $375,000.

What type of property is this?

The property 1402 W Mercer Ln is a house located in Phoenix, Arizona, 85029.

Is this property for sale now?

Active Listing: 1402 W Mercer Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $737 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 10, 2019 for $290,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 1402 W Mercer Ln is 1984.

Rocket Homes›Arizona›Maricopa County›Phoenix›85029›1402 W Mercer Ln

This home is located at 1402 W Mercer Ln in Phoenix, AZ and zip code 85029 in the North Mountain neighborhood. This home was built in 1984. It has been listed on Rocket Homes since August 16, 2024 and is currently priced at $375,000.

In December 2024, from all listings sold in Phoenix, AZ there were more than 199 sold above asking price, over 721 sold below and more than 292 were sold right at the asked price. The number of homes for sale in Phoenix, AZ decreased by 4.2% between November 2024 and December 2024. The median list price of listings available in December 2024 was $452,845, while the average time on the real estate market was 66 days.

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

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