5115 W MERCER Lane, Glendale, AZ 85304, Glendale, 85304 - 4 bed, 2 bath
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Glendale, AZ 85304
This Spacious Modernized Residence is a Strong Value Opportunity, listed at $498,500—positioned well below the $540,982 Fair Market Value by 7%. This valuation gap secures $42,482 in Instant Equity for the incoming buyer. Boasting a Move-In Ready Condition Rating, the 2,447 sqft layout features a full cosmetic remodel with new flooring and paint, plus a private backyard with a covered patio. Located near 7-rated Ironwood High School with No HOA fees, it perfectly balances lifestyle comfort with financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5115 W MERCER Lane Subject | $498,500* List Price | 4 | 2 | 2,447 | $221 | - |
A 5401 W RIVIERA Drive Sold | $440,000 | 4 | 2 | 1,824 | $241 | 0.7 mi |
B 5433 W BECKER Lane W Sold | $435,000 | 4 | 2 | 1,812 | $240 | 0.4 mi |
C 5602 W Mercer Lane Pending | $450,000 List Price | 4 | 2 | 2,136 | $211 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition following a significant cosmetic refresh. It features brand-new carpeting, modern wood-look flooring, fresh interior paint, and updated recessed lighting throughout. While the listing describes a full remodel, the kitchen retains older-style honey oak cabinetry and white appliances, which are functional but do not meet the 'excellent' criteria for modern high-end finishes. Overall, the home is well-maintained and updated for its 1984 build year.
The property has been fully upgraded with new paint, tile, and carpet, providing a modern, turn-key living experience that appeals to buyers seeking a move-in-ready home.
With an association fee of $0, this home offers significant monthly savings and greater flexibility for the homeowner compared to nearby deed-restricted communities.
At 2,447 square feet, the home features a generous open floor plan and four bedrooms, offering ample space for families and entertaining.
For a home of this size and bedroom count, having only two bathrooms may be a drawback for larger families or those accustomed to a higher bed-to-bath ratio.
Built in 1984, the home's core infrastructure and major systems are approximately 40 years old, which may necessitate more frequent maintenance than a newer build.
This is it! Your new Home Sweet Home. Located in the heart of Glendale only minutes from the I-17 and the 101. This beauty has been fully remodeled & upgraded. Virtually everything is new. New paint, tile, and carpet. There are parks and great schools nearby. There are restaurants, shopping, and more. The home is in fantastic condition offering 4 bedrooms & 2 baths. Formal dining room. Open floor plan with tons of upgrades. Plenty of room in the backyard to relax, entertain, or just play. You don't want to miss out on this opportunity. Beautiful landscaping. Come see for yourself. You won't be disappointed.
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades K-8 • 0.8 mi
Grades 6-8 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,447 | 1,774 | 81% |
| Lot Size | 8,660 | 8,050 | 65% |
| Price | $498.5K | $322.5K | 90% |
| Price per sq ft | $204 | $194 | 54% |
| Built year | 1984 | 1979 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 1961 | 1% |
Apr 12, 2026
$498,500
Initial Listing