1036 W 5TH Street, Mesa, AZ 85201, Mesa, 85201 - 3 bed, 2 bath
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Mesa, AZ 85201
This Modernized Turnkey Residence is listed at $395,000—positioned well below the $401,395 Fair Market Value by 1%. This valuation gap offers $6,395 in Instant Equity for the buyer. Boasting an Excellent Condition Rating, the home features a renovated Quartz Kitchen, Stainless Steel Appliances, and modern LVP flooring throughout. The expansive 7,126 sqft Lot provides a versatile backyard with No HOA Fees, while access to Top-Rated Franklin Schools (9/10) adds significant lifestyle value. This property is an ideal match for Owner-Occupants or first-time buyers seeking a polished, stress-free transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1036 W 5TH Street Subject | $395,000* List Price | 3 | 2 | 1,200 | $334 | - |
A 315 N CHERRY -- Sold | $330,000 | 3 | 2 | 1,034 | $319 | 0.5 mi |
B 345 W 9th Street Sold | $315,000 | 2 | 1 | 1,080 | $292 | 0.9 mi |
C 465 N STANDAGE Street Active | $379,000 List Price | 3 | 2 | 1,155 | $328 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1955, the interior shows a comprehensive modern renovation within the last 5 years. The kitchen features updated shaker cabinetry, quartz countertops, and stainless steel appliances. The home includes modern LVP flooring, recessed lighting, and updated fixtures throughout, making it move-in ready with no immediate maintenance needed.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7126, living area = 1200.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The home features a bright, updated interior with sleek countertops and stainless-steel appliances, providing a contemporary feel that appeals to modern buyers.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1200, other record living area = 1066.
The immediate neighborhood schools, including the local junior high and high school, currently hold lower performance ratings, which may be a consideration for families.
Built in 1955, the property may require more frequent maintenance or future updates to aging mechanical and structural systems compared to newer constructions.
Welcome to this charming 3bd, 2bath home located in the heart of Mesa! This single-level property offers a comfortable and functional layout, perfect for everyday living. Step inside to find a bright and inviting interior sleek countertops, and stainless-steel appliances. The expansive backyard offers endless possibilities--whether you're looking to create your dream outdoor oasis, add a pool, or simply enjoy the extra space for gatherings and relaxation.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 1.7 mi
Grades K-6 • 3.8 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 | 1,200 | 1,598 | 24% |
| Lot Size | 7,126 | 8,145.5 | 32% |
| Price | $395.0K | $5.0K | 68% |
| Price per sq ft | $329 | $3 | 92% |
| Built year | 1955 | 1962 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 2438 | 3% |
Apr 29, 2026
$395,000
Initial Listing