1048 W NIDO Avenue, Mesa, AZ 85210, Mesa, 85210 - 3 bed, 2 bath
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1048 W NIDO Avenue
Mesa, AZ 85210
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,774Sq Ft
8,847Lot Size
Property Price
LIST PRICE$457,000
EST. MARKET VALUE
$460,554
SUMMARY
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $457,000—positioned well below the $460,555 Fair Market Value by 0.77%. This valuation gap offers $3,555 in Instant Equity. With a Condition Rating of 4, the property requires modernization, yet its 8,847 sqft lot and $0 HOA fees provide significant value-add potential. Located near top-rated schools like Franklin Elementary, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project with long-term growth.
Estimated Market Value
$460,554
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 |
|---|---|---|---|---|---|---|
★ 1048 W NIDO Avenue Subject | $457,000* List Price | 3 | 2 | 1,774 | $260 | - |
A 837 W KEATING Avenue Sold | $520,000 | 4 | 2 | 1,869 | $278 | 0.2 mi |
B 1068 W Medina Avenue Sold | $350,000 | 3 | 2 | 1,549 | $226 | 0.3 mi |
C 624 W KEATS Avenue Sold | $400,000 | 3 | 2 | 1,384 | $289 | 0.9 mi |
D 2255 S ORANGE Street Sold | $460,500 | 3 | 2 | 1,629 | $283 | 0.7 mi |
E 949 W MESETO Avenue Sold | $560,000 List Price | 4 | 2 | 2,094 | 0.1 mi | |
F 446 W MENDOZA Circle Sold | $570,000 | 4 | 2 | 1,809 | $315 | 0.7 mi |
G 2926 S EMERSON -- Sold | $469,000 | 3 | 2 | 1,649 | $284 | 0.4 mi |
H 3011 S EXTENSION Road Sold | $460,000 | 4 | 2 | 1,622 | $284 | 0.5 mi |
I 925 W MENDOZA Avenue Pending | $449,000 List Price | 3 | 2 | 1,704 | $263 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1980, this 44-year-old home is in dated condition with mostly original features. The kitchen and bathrooms require full modernization, and interior images show significant wear on carpets and visible settling cracks in the ceiling and walls, necessitating cosmetic updates and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8847, living area = 1774.
- Great Schools
Elementary School: Franklin at Brimhall Elementary School (9/10).
- No HOA Fees
The property features a $0 association fee, providing homeowners with significant monthly savings and greater flexibility regarding property use and modifications.
CONSRISKS & DEFICIENCIES
- Inconsistent School Ratings
While some nearby elementary schools are highly rated, the assigned junior high and high schools have lower performance scores, which may be a concern for education-focused buyers.
- Age and Modernization Needs
Built in 1980, the property may require updates to its original systems and cosmetic finishes to meet the expectations of modern buyers looking for move-in-ready homes.
About 1048 W NIDO Avenue
Welcome home! This charming 3-bedroom, 2-bathroom Mesa home is a fantastic opportunity for first-time buyers, downsizers, or anyone looking for a comfortable home in a convenient location. The functional layout offers inviting living spaces and three bedrooms with plenty of room to make the home your own. Enjoy being close to shopping, dining, schools, parks, entertainment, and major roadways, making everyday errands and commuting a breeze. Whether you're ready to stop renting or looking for a home with room to grow, this is an opportunity you won't want to miss. Come see all this Mesa gem has to offer!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 8,847 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Mesa Unified Schools
Crismon Elementary School
Grades PK-6 • 0.3 mi
5/10
Franklin West Elementary School
Grades K-6 • 3.3 mi
8/10
Franklin Elementary School
Grades K-6 • 4.2 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,774 | 1,890.26 |
| Lot Size | 8,847 | 7,798.376 |
| Price | $457.0K | $485.4K |
| Price per sq ft | $258 | $264 |
| Built year | 1980 | 1994 |
| HOA | $0 | $174 |
| Days on market | 28 | 69 |
Pricing History
Listed for Sale
Aug 12, 2026
$457,000
Initial Listing