1033 W RIO SALADO Parkway, Mesa, AZ 85201, Mesa, 85201 - 4 bed, 2 bath
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Mesa, AZ 85201
This Fully Renovated Modern Residence is a Prime Investment Opportunity, listed at $549,000—positioned well below the $570,282 Fair Market Value by 3%. This valuation gap offers $21,282 in Instant Equity. Boasting a Condition Rating of 2, the home features a New Roof, New AC, and a Quartz Kitchen. Located near the Chicago Cubs Stadium and the top-rated Franklin Elementary School (9/10), it provides a premier lifestyle with a private Patio and no HOA. This is an ideal match for Owner-Occupants or growing families seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1033 W RIO SALADO Parkway Subject | $548,900* List Price | 4 | 2 | 2,205 | $251 | - |
A 1255 W DEVONSHIRE Street Sold | $624,900 | 3 | 2 | 2,326 | $269 | 0.3 mi |
B 1500 N MARKDALE -- 8 Sold | $400,000 | 2 | 3 | 2,194 | $182 | 0.9 mi |
C 1530 W 4TH Place Active | $519,900 List Price | 6 | 4 | 2,009 | $259 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-quality renovation by a licensed contractor, effectively bringing the 1972 structure to modern standards. Key updates include a new roof, new AC system, and a fully modernized kitchen featuring white shaker cabinets, quartz countertops, and new stainless steel appliances. The bathrooms have been completely updated with new vanities and contemporary tile work. With new flooring, recessed lighting, and fresh paint throughout, the home presents as virtually new with no deferred maintenance.
Elementary School: Franklin Elementary School (9/10).
The property has been fully renovated by a licensed contractor, featuring a new roof, new AC system, and high-end interior finishes including quartz countertops and stainless steel appliances.
Situated near the Chicago Cubs Stadium and a variety of local eateries and shops, this home offers an ideal location for sports fans and those seeking a vibrant lifestyle.
The assigned middle and high schools have low performance ratings (3/10), which may be a concern for families prioritizing local public education.
Despite the extensive cosmetic and system updates, the 1972 construction may still present challenges associated with older plumbing or electrical infrastructure compared to newer builds.
This beautiful home has 4 bedrooms & 2 bathrooms located near the Chicago Cubs Stadium with lots of shops and local eateries! Completely UPDATED with New roof, New AC, New kitchen with new S/S appliances including fridge, new Samsung washer/dryer, updated lighting, new ceiling fans, new interior & exterior paint, new cabinets, new quartz countertops, new flooring, new vanities, new mirrors, etc. Home was remodeled by a licensed contractor and sellers love to close quickly!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 1.9 mi
Grades K-6 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,205 | 1,586 | 84% |
| Lot Size | 7,884 | 7,944.5 | 47% |
| Price | $548.9K | $240.0K | 90% |
| Price per sq ft | $249 | $191 | 67% |
| Built year | 1972 | 1965 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 2324 | 2% |
Apr 14, 2026
$548,900
$549,000
+0% Price Increase
Initial Listing
Apr 1, 2026
$549,000
Initial Listing