3740 E MERCER Lane
Phoenix, AZ 85028
Paradise Valley- 4 Beds
- 2 Baths
- 2,014 sqft
4 Beds
2 Baths
2,014 sqft
Local Information
-- mins to
Description
Move-In Ready 4BR Home - No HOA & Priced $50K Below Current Aug 2025 Appraisal of $700K! Stylish and refreshed single-level 4-bedroom home on a premium south-facing lot in a quiet, established neighborhood just north of Shea Blvd. Recent updates include a newer roof, serviced HVAC, fresh interior/exterior paint, upgraded flooring, appliances, fixtures, and ceiling fans. Open-concept layout with a spacious kitchen, breakfast bar, and pass-through window to an extended covered brick paver patio—perfect for outdoor living and entertaining. Epoxied 2-car garage, low-maintenance desert landscaping. Located in the highly-rated Paradise Valley School District and just minutes to the new PV shopping, dining, and entertainment district. One of the only move-in ready homes in this area under $700K!
3740 E MERCER Lane, Phoenix, AZ 85028 is a 4 bedroom, 2 bathroom, 2,014 sqft single-family home in Paradise Valley, built in 1972. It last sold for the $639,900 asking price on Sep 30, 2025. It is currently off market. The Trulia Estimate is $635,500, with a rent estimate of $2,846/month.
Home Highlights
Parking
Garage
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
$318/sqft
Listed
180+ days ago
Home Details for 3740 E MERCER Lane
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2 |
Dimensions and Layout Living Area: 2014 Square Feet |
Appliances & Utilities Appliances: Electric Cooktop |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),Programmable ThmstatHas HeatingHeating Fuel: Electric |
Fireplace & Spa Fireplace: Family RoomSpa: NoneHas a Fireplace |
Gas & Electric Electric: 220 Volts in KitchenHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Carpet, Tile |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Floors: Carpet, Tile |
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Exterior Home Features Roof: CompositionPatio / Porch: CoveredFencing: BlockExterior: Private Yard |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 4No CarportHas a GarageHas Open ParkingParking Spaces: 6Parking: Garage Door Opener,Direct Access |
Frontage Responsible for Road Maintenance: City Maintained RoadNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 38 |
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Year Built Year Built: 1972 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Painted, BlockNot Attached Property |
Property Information Parcel Number: 16649051 |
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Price List Price: $639,900Price Per Sqft: $318/sqft |
Status Change & Dates Off Market Date: Fri Sep 05 2025Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: PhoenixCommunity: BROADMOOR HILLS UNIT 5 |
School Information Elementary School: Mercury Mine Elementary SchoolElementary School District: Paradise Valley Unified DistrictJr High / Middle School: Shea Middle SchoolHigh School: Shadow Mountain High SchoolHigh School District: Paradise Valley Unified District |
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Building Area Building Area: 2014 Square Feet |
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HOA Fee Includes: No FeesNo HOA |
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Lot Area: 10439 sqft |
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Special Conditions: Owner/Agent |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Mls Number: 6896826 |
Last check for updates: about 15 hours ago
Listed by Dean Selvey, (480) 254-6444
RE/MAX Excalibur
Bought with: Justin Brossart, (602) 576-2333, Keller Williams Realty Phoenix
Source: ARMLS, MLS#6896826

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 3740 E MERCER Lane
| Date | Price | Event | Source |
|---|---|---|---|
| 09/30/2025 | $639,900 | Sold | ARMLS #6896826 |
| 09/05/2025 | $639,900 | Pending | ARMLS #6896826 |
| 08/18/2025 | $639,900 | PriceChange | ARMLS #6896826 |
| 07/29/2025 | $649,900 | Listed For Sale | ARMLS #6896826 |
| 06/30/2025 | $470,000 | Sold | ARMLS #6880448 |
| 06/18/2025 | $525,000 | Pending | ARMLS #6880448 |
| 06/14/2025 | $525,000 | Listed For Sale | ARMLS #6880448 |
| 07/28/2004 | $207,000 | Sold | N/A |
| 09/14/1998 | $125,000 | Sold | N/A |
Market trends in Paradise Valley
Last updated June 2026
Avg. sale price
$583K
$3.33KMoM
Sale-to-List Price
98.5%
0.1%MoM
Price per sq ft
$336
$5MoM
Available listings
862
17MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,126 |
| Assessment | $473,600 |
Home facts updated by county records
Comparable Sales for 3740 E MERCER Lane
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.03 | Single-Family Home | $829,000 | 04/21/26 | 4 | 2 | 2,171 | |
0.05 | Single-Family Home | $660,000 | 04/16/26 | 3 | 2 | 1,886 | |
0.13 | Single-Family Home | $761,000 | 06/18/26 | 4 | 2 | 2,183 | |
0.19 | Single-Family Home | $590,000 | 07/07/26 | 4 | 2 | 1,884 | |
0.22 | Single-Family Home | $620,000 | 04/29/26 | 4 | 2 | 1,884 | |
0.19 | Single-Family Home | $695,000 | 02/20/26 | 4 | 2 | 1,766 | |
0.13 | Single-Family Home | $910,000 | 10/15/25 | 4 | 2 | 2,288 | |
0.29 | Single-Family Home | $670,500 | 11/13/25 | 4 | 2 | 1,911 | |
0.06 | Single-Family Home | $725,000 | 07/24/25 | 5 | 3 | 2,351 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 3740 E MERCER Lane.
What Locals Say about Paradise Valley
At least 1037 Trulia users voted on each feature.
90 % Say it's dog friendly
89 % Say there are sidewalks
86 % Say parking is easy
85 % Say car is needed
77 % Say yards are well-kept
73 % Say there's holiday spirit
71 % Say people would walk alone at night
70 % Say streets are well-lit
70 % Say it's quiet
60 % Say kids play outside
58 % Say it's walkable to grocery stores
57 % Say they plan to stay for at least 5 years
55 % Say it's walkable to restaurants
51 % Say neighbors are friendly
42 % Say there's wildlife
23 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 3740 E MERCER Lane
Off Market Homes Near 3740 E MERCER Lane
