
Mesa, AZ 85201
This Versatile Mid-Century Residence is a High-Potential Investment Opportunity, listed at $450,000—positioned well below the $505,060 Fair Market Value by 10%. This valuation gap offers $55,060 in Instant Equity for buyers. Currently in Fair Condition, the home features wood-look flooring, a refreshed kitchen, and a private-entrance bonus room perfect for a home office or rental suite. Located near the 9/10 rated Franklin Elementary with no HOA, it balances lifestyle perks with significant financial upside. This is an ideal acquisition for Owner-Occupants or House-Hackers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1032 W 6TH Place Subject | $450,000* List Price | 3 | 2 | 1,820 | $278 | - |
A 749 N BEVERLY Lane Sold | $380,000 | 4 | 2 | 1,538 | $247 | 0.2 mi |
B 1561 W 5TH Street Sold | $450,000 | 3 | 2 | 1,415 | $318 | 0.7 mi |
C 1105 W 6TH Place Active | $429,950 List Price | 3 | 3 | 1,789 | $240 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this property is in fair condition, featuring a mix of original infrastructure and cosmetic updates. The kitchen has been refreshed with painted cabinetry, butcher block countertops, and stainless steel appliances, but lacks a full modern renovation. While the interior boasts newer wood-look flooring and a functional layout, the exterior shows signs of age with a cracked driveway and sparse landscaping. The home is well-maintained for its age but requires further modernization to meet current market standards for 'good' or 'excellent' condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7937, living area = 1820.
Elementary School: Franklin Elementary School (9/10).
The property offers exceptional access to major freeways including Loop 101, 202, and US-60, and is within walking distance to local schools and the Carson Complex recreational facilities.
The designated local schools, including Westwood High and Carson Junior High, currently hold lower performance ratings, which may be a concern for education-focused buyers.
Built in 1955, the home may require more frequent maintenance or updates to aging mechanical and structural systems typical of mid-century properties.
Welcome to this lovely 3-bedroom home with no HOA! The interior boasts thoughtfully designed living spaces with wood-look flooring, plenty of natural light, a fireplace to add warmth, and an earthy palette throughout. Whip up your signature dishes in the well-appointed kitchen, offering plentiful storage cabinetry, butcher's block countertops, and stainless steel appliances. The main retreat promises a good night's sleep and hosts a bathroom for added privacy. The bonus room is perfect for a hobby area or an office. Get ready for weekend grills and cheerful evenings in the backyard, complete with ample seating space and an easy-maintenance landscape. What's not to love? Make it yours now! Prime location with excellent connectivity--just minutes from Loop 101, Loop 202, and US-60, with convenient access to ASU, Mesa Community College, and Cubs Stadium. Situated within walking distance to Emerson Elementary, Carson Junior High, and Westwood High School, this home is ideal for those seeking proximity to local schools. Enjoy outdoor amenities just one block away at the Carson Complex, featuring a community pool and recreational facilities. A versatile bonus room offers the perfect space for a home office, studio, or hobby area, complete with its own private entrance from the street.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 1.8 mi
Grades K-6 • 3.9 mi
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 | 1,820 | 1,586 | 74% |
| Lot Size | 7,937 | 7,965 | 50% |
| Price | $450.0K | $240.0K | 84% |
| Price per sq ft | $247 | $191 | 67% |
| Built year | 1955 | 1963 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 2324 | 2% |
Mar 20, 2026
$450,000
Initial Listing