18988 Mercer Ln
Surprise, AZ 85388
3 bd 2 ba 2,232 sqft Built 2020 Lot 9,375 sqft single_family
Most recent sale
$675,000
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2022 | Sold | $675,000 | MLS #6445843 |
| Aug 5, 2022 | Listed | $675,000 | MLS #6445843 |
| Sep 24, 2020 | Sold | $409,676 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $28,050 | $7,010 | $35,060 | $2,208 |
| 2021 | $26,730 | $6,680 | $33,410 | $2,258 |
| 2020 | — | $9,315 | $9,315 | $610 |
| 2019 | — | $7,095 | $7,095 | $636 |
| 2018 | — | $6,690 | $6,690 | $527 |
Property facts
Year built
2020
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,232 sqft
Lot size
9,375 sqft
ZIP code
85388
City
Surprise
Street
Mercer Ln
Coordinates
33.58455, -112.46745
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,460
Gross rental yield
6.15%
Implied cap rate
4.00%
Trend-extrapolated value
—
Frequently asked questions
When did 18988 Mercer Ln last sell?
18988 Mercer Ln most recently sold on Sep 30, 2022 for $675,000.
What is the current tax assessment for 18988 Mercer Ln?
The most recent total assessment for 18988 Mercer Ln (year 2022) is $35,060 with $2,208 in property tax.
How does 18988 Mercer Ln's assessment compare to its last sale price?
The current assessment is 94.8% below the last sale price of $675,000.
When was 18988 Mercer Ln built?
18988 Mercer Ln was built in 2020.
How does 18988 Mercer Ln compare to others on Mercer Ln?
We track 8 other properties on Mercer Ln. Browse the list under "Other properties on Mercer Ln" to compare beds, baths, and sale history.
What are the property facts for 18988 Mercer Ln?
18988 Mercer Ln is a 3 bed, 2 bath, 2,232 sqft, 9,375 sqft lot single_family.
Is 18988 Mercer Ln a flip candidate?
No — 18988 Mercer Ln does not appear in our flips dataset.
Is 18988 Mercer Ln a tax-appeal candidate?
No — 18988 Mercer Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.9%
Implied 1-yr
+11.7%
2026 Q3
$664.9K
2026 Q4
$681.2K
ZIP 85388 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Mercer Ln