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8127 East Mercer Lane

8127 East Mercer Lane, Scottsdale, AZ 85260
Property in Villa Tierra
Sold Jul 14, 2000
$595,000
$399,000 by Franklin American Mortgage Co
Mortgage Due Apr 01, 2027
Sold Nov 10, 1994
$353,328
$266,000 by First Interstate Bank
Mortgage Due Dec 01, 2024
Local assessors in Scottsdale, AZ have categorized 8127 East Mercer Lane as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 10,480 square feet. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8127 East Mercer Lane has a total of 3,998 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of tile. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8127 East Mercer Lane sold most recently in May 1, 2000 for a total of $595,000. If you work out the math, that's approximately a cost of $148.82 per sqft. Before that, the property was also sold for $353,328 in Nov 9, 1994. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,845 in taxes each year. 8127 East Mercer Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $93,050. If we break it down further, the land itself was valued at $18,610. Improvements to the property, however, were assessed at a total of $74,440. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,480
  • Total Building Area: 3,998
  • Gross Building Area: 3,998
  • Building Area: 3,998
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,998
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLA TIERRA
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VILLA TIERRA MCR 366-24

Ownership

  • Current Owner : PANHUISE JOHN A
  • Current Owner 2: PANHUISE VICKI E
  • Previous Owner : KLEINE JOSEPH WILLIAM
  • Previous Owner 2: KLEINE DANA TUCKER
  • Owner Before Previous Owner: MONTEREY HOMES CORP
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Scottsdale Unified District
  • Census Tract: 216816

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: 36624
  • Parcel: 175-30-123
  • Lot: 13
  • Meridian: SEC 24 TWN 3N RNG 4E
  • Municipality: SCOTTSDALE
  • Latitude: 33.5849
  • Longitude: -111.906

    Address

  • Full Address: 8127 E Mercer Ln
  • Address - House Number: 8127
  • Street Direction: E
  • Address - Street Name: Mercer
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Scottsdale
  • Carrier Code: C054
  • 4-Digit Zip Code: 6565
  • Zip Code: 85260

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,845
  • Tax Rate Code Area: 481400

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 1,721,536
  • High Value: 1,974,963
  • Low Value: 1,468,110

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $399,000
  • First Open Lien Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Mar 16, 2012
  • First Open Lien Mortgage Loan Amount: $399,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2027

    Market Valuation

  • Market Total Value: $930,500
  • Market Land Value: $186,100
  • Market Improvement Value: $744,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,050
  • Assessed Land Value: $18,610
  • Assessed Improvements Value: $74,440

    Sales

  • Current Sale Contract Date: May 01, 2000
  • Current Sale Recording Date: Jul 14, 2000
  • Current Sale Transaction ID: 1003895549
  • Current Sale Price: $595,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2000-0536214
  • Previous Sale Recording Date: Nov 10, 1994
  • Previous Sale Contract Date: Nov 09, 1994
  • Previous Sale Amount: $353,328
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK
  • First Mortgage Transaction Date: Jul 14, 2000
  • First Mortgage Loan Amount: $476,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2030

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST INTERSTATE BANK
  • Previous Mortgage Transaction Date: Nov 10, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $266,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2024

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Frequently Asked Questions

What neighborhood is 8127 East Mercer Lane located in?
The 8127 East Mercer Lane is a located in the neighborhood of Villa Tierra in Central Scottsdale, Scottsdale.
What is the average sales price for listings in 8127 East Mercer Lane?
The average sales price for units in 8127 East Mercer Lane is $0 currently.

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