Nice 4 Unit Fourplex. Great opportunity for Investor to grab this one quick! Close to I-17. All Units have 2 Bedrooms ,2 Full Bathrooms and 1 Fireplace.
Downstairs units have their own backyard* Upstair units have vaulted ceilings and private balconies* Landlord owns all appliances and convey with property* Roof replaced 2021* New exterior paint 2022*
Buyer to verify all facts and figures.
Sold for $550,000
$550,000
1559 W MERCER Lane, Phoenix, AZ 85029
8beds
8baths
3,228sqft
Multi Family
Built in 1984
-- sqft lot
$710,300 Zestimate®
$170/sqft
$1,129 Estimated rent
Home value
$710,300
$639,000 - $788,000
$1,129/mo
Zestimate® history
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Private balconiesVaulted ceilings
Zillow last checked:
Listing updated:
Listed by:
Bea Lyman 480-309-3975,
Keller Williams Integrity First,
Melody Bramer 602-290-3643,
Keller Williams Integrity First
Bought with:
David Arustamian, BR662152000
Russ Lyon Sotheby's International Realty
Source: ARMLS,MLS#: 6606952
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
- Laundry: W/D Hookup
Features
- Flooring: Carpet, Ceramic Tile
Interior area
- Total structure area: 3,228
- Total interior livable area: 3,228 sqft
Property
Parking
- Total spaces: 8
- Parking features: Paved, Free, 1 Space/Unit, Carport
- Has carport: Yes
- Covered spaces: 4
- Uncovered spaces: 4
Lot
- Size: 4,284 sqft
- Dimensions: 68' x 63'
Details
- Parcel number: 15914083
- Zoning: R3A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Stucco
- Roof: Tile,Foam
Condition
- Year built: 1984
Utilities & green energy
- Electric: APS
- Sewer: Sewer-In & Connected, Public Sewer
- Water: Master Meter, City Franchise
- Utilities for property: Sewer Connected
Community & neighborhood
Community
- Community features: Pool
Location
- Region: Phoenix
- Subdivision: MUY FELICES CASAS LT 1-20 TR A-G
Other
Other facts
- Listing terms: Other (See Remarks)
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2023 | Sold | $550,000-20.3%$170/sqft |
Source:  ARMLS #6606952 Report a problem | ||
| 9/19/2023 | Listed for sale | $690,000+4.5%$214/sqft |
Source: ARMLS #6606952 Report a problem | ||
| 12/6/2022 | Sold | $660,000-5.7%$204/sqft |
Source: ARMLS #6432898 Report a problem | ||
| 11/23/2022 | Pending sale | $699,950$217/sqft |
Source: ARMLS #6432898 Report a problem | ||
| 11/23/2022 | Listed for sale | $699,950$217/sqft |
Source: ARMLS #6432898 Report a problem | ||
| 8/28/2022 | Listing removed | $699,950$217/sqft |
Source: ARMLS #6432898 Report a problem | ||
| 7/13/2022 | Listed for sale | $699,950+648.6%$217/sqft |
Source: ARMLS #6432898 Report a problem | ||
| 6/7/2013 | Listing removed | $599 |
Source: Power Realty Group LLC Report a problem | ||
| 6/4/2013 | Listed for rent | $599 |
Source: Power Realty Group LLC Report a problem | ||
| 12/29/2009 | Sold | $93,500+90.8%$29/sqft |
Source: Public Record Report a problem | ||
| 7/16/2009 | Listed for sale | $49,000-84.9%$15/sqft |
Source: NRT Arizona #4208354 Report a problem | ||
| 5/27/2005 | Sold | $325,000+58.5%$101/sqft |
Source: Public Record Report a problem | ||
| 4/7/2003 | Sold | $205,000+34%$64/sqft |
Source: Public Record Report a problem | ||
| 3/22/1999 | Sold | $153,000+44.3%$47/sqft |
Source: Public Record Report a problem | ||
| 1/5/1996 | Sold | $106,000$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,822 +3.9% | $59,650 -7.2% |
| 2024 | $1,753 +1.8% | $64,310 +387.6% |
| 2023 | $1,722 +2% | $13,190 -56.3% |
| 2022 | $1,689 +1.3% | $30,150 +21.3% |
| 2021 | $1,668 +1.9% | $24,850 +11.9% |
| 2020 | $1,638 +2.7% | $22,210 +20.7% |
| 2019 | $1,595 | $18,400 +17.8% |
| 2018 | $1,595 +0.5% | $15,620 +1.9% |
| 2017 | $1,587 +10% | $15,330 +8.3% |
| 2016 | $1,443 -6.1% | $14,150 +0.6% |
| 2015 | $1,537 | $14,070 +21% |
| 2014 | -- | $11,630 +55.9% |
| 2013 | -- | $7,460 -12.9% |
| 2012 | -- | $8,560 -10.5% |
| 2011 | -- | $9,560 -43.8% |
| 2010 | -- | $17,010 -39.5% |
| 2009 | -- | $28,110 -3.1% |
| 2008 | -- | $29,010 +25.3% |
| 2007 | -- | $23,150 +35% |
| 2006 | -- | $17,150 |
| 2005 | -- | $17,150 +9.9% |
| 2004 | -- | $15,600 |
| 2003 | -- | $15,600 +43.1% |
| 2002 | -- | $10,900 |
Find assessor info on the county website
Neighborhood: North Mountain
Nearby schools
GreatSchools rating
- 5/10Shaw Butte SchoolGrades: PK-6Distance: 1.1 mi
- 7/10Royal Palm Middle SchoolGrades: 5-8Distance: 1.6 mi
- 9/10Sunnyslope High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Shaw Butte School
- Middle: Mountain Sky Middle School
- High: Greenway High School
- District: Washington Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$710,300
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$710,300
- Arizona
- Maricopa County
- Phoenix
- 85029
- North Mountain
- 1559 W MERCER Lane
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