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Sold for $550,000
    • $550,000

    1559 W MERCER Lane, Phoenix, AZ 85029

    8beds
    8baths
    3,228sqft
    Multi Family
    Built in 1984
    -- sqft lot
    $695,600 Zestimate®
    $170/sqft
    $1,046 Estimated rent

    Home value

    $695,600

    $626,000 - $772,000

    $1,046/mo

    Zestimate® history
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    What's special

    Private balconiesVaulted ceilings
    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.

    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#: 6606952MLS Logo

    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 Square Feet
    • 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 & HOA

    Community
    • Features: Pool
    • Subdivision: MUY FELICES CASAS LT 1-20 TR A-G
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $170/sqft
    • Tax assessed value: $596,500
    • Annual tax amount: $1,689
    • Date on market: 11/14/2025
    • Cumulative days on market: 9 days
    • Listing terms: Other (See Remarks)
    • Ownership: Fee Simple
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/28/2023Sold$550,000-20.3%$170/sqft
    Source: ARMLS #6606952 Report a problem
    9/19/2023Listed for sale$690,000+4.5%$214/sqft
    Source: ARMLS #6606952 Report a problem
    12/6/2022Sold$660,000-5.7%$204/sqft
    Source: ARMLS #6432898 Report a problem
    11/23/2022Pending sale$699,950$217/sqft
    Source: ARMLS #6432898 Report a problem
    11/23/2022Listed for sale$699,950$217/sqft
    Source: ARMLS #6432898 Report a problem
    8/28/2022Listing removed$699,950$217/sqft
    Source: ARMLS #6432898 Report a problem
    7/13/2022Listed for sale$699,950+648.6%$217/sqft
    Source: ARMLS #6432898 Report a problem
    6/7/2013Listing removed$599
    Source: Power Realty Group LLC Report a problem
    6/4/2013Listed for rent$599
    Source: Power Realty Group LLC Report a problem
    12/29/2009Sold$93,500+90.8%$29/sqft
    Source: Public Record Report a problem
    7/16/2009Listed for sale$49,000-84.9%$15/sqft
    Source: NRT Arizona #4208354 Report a problem
    5/27/2005Sold$325,000+58.5%$101/sqft
    Source: Public Record Report a problem
    4/7/2003Sold$205,000+34%$64/sqft
    Source: Public Record Report a problem
    3/22/1999Sold$153,000+44.3%$47/sqft
    Source: Public Record Report a problem
    1/5/1996Sold$106,000$33/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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 homes

    Nearby schools

    GreatSchools rating
    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
    $695,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $695,600

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