1040 S GRAND, Mesa, AZ 85210, Mesa, 85210 - 5 bed, 3 bath
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1040 S GRAND
Mesa, AZ 85210
ACTIVE
CONDITION: EXCELLENT
5Beds
3Baths
2,462Sq Ft
5,874Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$502,514
SUMMARY
This Turnkey Single-Story Home represents a Strong Value Opportunity, listed at $510,000—positioned well below the $512,282 Fair Market Value by 0.45%. This property offers $2,282 in Instant Equity and features a Mint Condition Rating following a comprehensive renovation. Highlights include a Finished Basement, a Private Pool, and proximity to Top-Rated Elementary Schools. This move-in ready residence is an ideal acquisition for Owner-Occupants seeking a lifestyle-focused sanctuary or first-time buyers prioritizing modern finishes and long-term stability.
Estimated Market Value
$502,514
Based on Realkey algorithm analyzing recent comparable sales in Mesa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1040 S GRAND Subject 5 bd · 3 ba · 2,462 sqft · $204 | $499,000* List Price | 5 | 3 | 2,462 | $204 | - |
A 1038 S DREW Street Sold 6 bd · 3 ba · 2,481 sqft · $198 · 0.2 mi | $490,000 | 6 | 3 | 2,481 | $198 | 0.2 mi |
B 252 E 9TH Drive Sold 3 bd · 2 ba · 1,867 sqft · $225 · 0.6 mi | $419,900 | 3 | 2 | 1,867 | $225 | 0.6 mi |
C 116 E MILLETT Avenue Sold 3 bd · 2 ba · 1,810 sqft · $221 · 0.5 mi | $399,900 | 3 | 2 | 1,810 | $221 | 0.5 mi |
D 337 E 9th Avenue Sold 4 bd · 2 ba · 2,049 sqft · $200 · 0.7 mi | $410,000 | 4 | 2 | 2,049 | $200 | 0.7 mi |
E 68 W 10TH Avenue Active 3 bd · 2 ba · 1,768 sqft · $221 · 0.1 mi | $389,900 List Price | 3 | 2 | 1,768 | $221 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1960, the home has undergone a recent comprehensive renovation within the last 5 years. The kitchen is fully modernized with white shaker cabinets, quartz countertops, subway tile backsplash, and stainless steel appliances. The interior features new laminate flooring, fresh paint, updated lighting, and new carpet, making it in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Franklin at Brimhall Elementary School (9/10).
- Rare Finished Basement
The property features a hard-to-find finished basement in the Phoenix East Valley, providing significant versatile living space for a media room, home gym, or guest suite.
- Modernized Interior & Layout
With a recently remodeled kitchen, stainless steel appliances, and a generous 5-bedroom configuration, this home offers immediate move-in readiness and high utility for larger households.
CONSRISKS & DEFICIENCIES
- Inconsistent School Ratings
While some elementary options are highly rated, the assigned junior high and high schools have lower performance scores, which may be a concern for education-focused buyers.
- Compact Lot Size
The 5,874 square foot lot is relatively small for a 5-bedroom home with a pool, which may limit additional outdoor expansion and result in a higher density feel.
About 1040 S GRAND
Rare Find in Mesa 85210: Single-Story 5-Bedroom Home with Finished Basement & Sparkling Pool. Welcome to 1040 S Grand, a move-in ready single-story home in a well-established central Mesa neighborhood, offering 5 bedrooms, 3 bathrooms, a hard-to-find finished basement, and a private backyard pool -- a standout combination in the Phoenix East Valley. Step through the front door into a bright, open floor plan filled with natural light and easy-care laminate flooring throughout the main living areas. The heart of the home is the recently remodeled kitchen, featuring stainless steel appliances, generous counter space, and an attached dining area perfect for everyday meals and entertaining. Downstairs, the versatile finished basement adds valuable bonus living space ideal for a media room, home office, home gym, or guest suite.Out back, enjoy your own private oasis: a large covered patio for shaded outdoor living, a sparkling swimming pool for Arizona summers, two storage sheds, and low-maintenance artificial turf that stays green year-round with minimal water use. Ideally located with quick access to the US-60 and Loop 101/202 freeways, this home puts you minutes from downtown Mesa, shopping and dining, and easy commutes to Tempe, Gilbert, and Chandler. With single-level main-floor living plus a finished basement, it truly checks all the boxes.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 5,874 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Mesa Unified Schools
Lincoln Elementary School
Grades PK-6 • 0.4 mi
4/10
Franklin West Elementary School
Grades K-6 • 1.0 mi
8/10
Franklin Elementary School
Grades K-6 • 2.4 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,462 | 1,898.592 |
| Lot Size | 5,874 | 7,745.036 |
| Price | $499.0K | $485.3K |
| Price per sq ft | $203 | $264 |
| Built year | 1960 | 1995 |
| HOA | $0 | $174 |
| Days on market | 37 | 67 |
Pricing History
Listed for Sale
Oct 20, 2026
$499,000
$510,000
-2% Price Drop
Initial Listing
Price Change
Sep 17, 2026
$510,000
Initial Listing