1032 S CERISE --, Mesa, AZ 85208, Mesa, 85208 - 3 bed, 2 bath
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Mesa, AZ 85208
This property presents a High-Potential Investment Opportunity with a List Price of $389,900—positioned well above the $322,031 Fair Market Value by -21%. While the home features new carpet and a functional layout in a secure gated community, the Fair Condition Rating reflects aging systems and dated finishes that require capital expenditure. The property offers a strategic location near the US-60 and Loop 202, making it a viable asset for Buy-and-Hold Investors or first-time buyers willing to manage future maintenance.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1032 S CERISE -- Subject | $389,900* List Price | 3 | 2 | 1,418 | $227 | - |
A 519 S ABBEY -- Sold | $384,000 | 3 | 3 | 1,752 | $219 | 0.7 mi |
B 519 S ABBEY -- Sold | $384,000 | 3 | 3 | 1,605 | $239 | 0.7 mi |
C 519 S ABBEY -- Sold | $384,000 | 3 | 3 | 1,752 | $219 | 0.7 mi |
D 9908 E FARMDALE Avenue Active | $394,900 List Price | 3 | 2 | 1,418 | $278 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, the property is 25 years old and falls into the 'Fair' category. While it features new carpet and appears well-maintained, the bathrooms and kitchen show original cabinetry and fixtures that are dated. At 25 years old, major systems like HVAC and the roof are likely nearing the end of their typical lifespan if not already replaced.
The property is strategically located with quick access to the US-60 and Loop 202, providing residents with efficient commute times and easy access to the broader Phoenix metropolitan area.
Situated within the gated Crismon Manor subdivision, the home offers enhanced privacy, security, and a well-maintained neighborhood environment that appeals to families and retirees alike.
With brand-new carpeting in the bedrooms and a clean, functional layout, the home presents a low-maintenance opportunity suitable for immediate occupancy or as a turnkey rental.
The compact 3,960 sqft lot size results in minimal yard space, which may be a drawback for buyers seeking significant outdoor living areas or room for large pets.
Built in 2001, the property is reaching an age where original high-ticket components such as the HVAC system or roof may soon require inspection or replacement to ensure long-term efficiency.
Welcome to easy, low-maintenance living in the gated community of Crismon Manor! This charming 3-bedroom, 2-bath home offers a bright and functional layout in a quiet, well-kept neighborhood. NEW carpet in bedrooms. Conveniently located near schools, and quick access to the US-60 and Loop 202, you'll enjoy both comfort and convenience. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this Mesa home is one you won't want to miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,418 | 1,627 | 28% |
| Lot Size | 3,960 | 7,584 | 10% |
| Price | $389.9K | $339.9K | 64% |
| Price per sq ft | $275 | $209 | 81% |
| Built year | 2001 | 1998 | 87% |
| HOA | $145 | $109 | 52% |
| Days on market | 12 | 2634 | 1% |
Jun 2, 2026
$389,900
Initial Listing