
Mesa, AZ 85201
This Modernized Turnkey Residence is listed at $429,000, reflecting its Mint Condition Rating and significant recent capital improvements. While the price exceeds the $368,785 Fair Market Value, the property offers a rare financial hedge via a 4.3% Assumable FHA Loan and No HOA fees, providing substantial monthly savings. The interior boasts Granite Finishes, updated flooring, and a New Roof (2024), while proximity to Top-Rated Franklin Schools enhances long-term appeal. This move-in-ready sanctuary is ideal for Owner-Occupants or first-time buyers prioritizing low-interest financing and lifestyle quality.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 106 E INDIGO Street Subject | $429,000* List Price | 3 | 2 | 1,630 | $226 | - |
A 1902 N LEBARON -- Sold | $350,000 | 3 | 2 | 1,760 | $199 | 0.6 mi |
B 38 W HILLVIEW Street Pending | $425,000 List Price | 3 | 2 | 1,428 | $298 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1978, the property has undergone a comprehensive renovation within the last 5 years. Key updates include a new roof (2024), new water heater (2025), and modern interior finishes such as LVP flooring and recessed lighting. The kitchen and bathrooms are fully modernized with stainless steel appliances, granite vanities, and a contemporary walk-in shower, meeting the criteria for mint condition with no immediate maintenance needed.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property features a rare 4.3% assumable FHA loan and no HOA fees, providing significant monthly savings and a competitive financial advantage in a high-interest rate market.
With a brand-new roof installed in 2024 and a new water heater in 2025, the home offers peace of mind and reduced immediate maintenance costs for the incoming buyer.
The primary assigned public schools for this neighborhood carry low ratings (2-3), which may impact long-term resale value and appeal to education-focused families.
Despite modern cosmetic updates, the 1978 construction may present underlying challenges typical of older homes regarding plumbing, electrical, or insulation efficiency.
ASSUMABLE FHA LOAN at 4.3% (~$383K balance) for qualified buyers! Bonus, NO HOA! Experience this beautifully upgraded Mesa home with modern finishes and major updates. Features include an RV gate, spacious parking, recessed lighting, semi-split floor plan and updated flooring throughout--no carpet. Enjoy a custom AV system with Dolby Atmos surround sound in the living room and patio. The kitchen offers stainless steel appliances, white subway tile backsplash, and ample storage, plus a backyard storage shed. Primary suite includes a granite vanity and walk-in shower. Relax in the large backyard with a covered patio, TV, trampoline, and playground set included. New roof (2024) and water heater (2025). Close to Mesa Riverview, parks, and freeways. Some photos may be virtually decluttered.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 2.4 mi
Grades K-6 • 3.7 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 | 1,630 | 1,588 | 59% |
| Lot Size | 6,808 | 7,884 | 22% |
| Price | $429.0K | $240.0K | 80% |
| Price per sq ft | $263 | $212 | 66% |
| Built year | 1978 | 1964 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 2344 | 2% |
Apr 24, 2026
$429,000
Initial Listing