10702 E PORTOBELLO Avenue, Mesa, AZ 85212, Mesa, 85212 - 4 bed, 3 bath
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Mesa, AZ 85212
This Value-Add Short Sale Opportunity is listed at $425,000, representing a strategic entry point near its $392,327 Fair Market Value. Currently holding a Fair Condition Rating, the property requires minor repairs and landscaping, presenting a clear opportunity for forced appreciation through cosmetic updates. The spacious 4-bedroom, 3-bathroom layout is further enhanced by Scenic Mountain Views and proximity to the 8/10 rated Canyon Rim Elementary School. This project is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants looking to build long-term wealth in a desirable Mesa neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10702 E PORTOBELLO Avenue Subject | $425,000* List Price | 4 | 3 | 1,880 | $213 | - |
A 2841 S COYOTE CANYON Circle Sold | $430,000 List Price | 4 | 3 | 2,039 | 0.9 mi | |
B 2935 S Canfield -- Sold | $439,000 | 4 | 2 | 1,627 | $270 | 0.2 mi |
C 2959 S LABELLE Street Sold | $484,000 | 4 | 3 | 2,146 | $226 | 0.7 mi |
D 10238 E OSAGE Avenue Sold | $510,000 | 4 | 2 | 1,891 | $270 | 0.6 mi |
E 10066 E PLATA Avenue Sold | $420,000 | 4 | 3 | 2,146 | $196 | 0.8 mi |
F 10214 E OLLA Avenue Active Under Contract | $475,000 List Price | 3 | 2 | 1,870 | $254 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999 (25 years old), the property falls into the 'Fair' category as it is over 20 years old and the listing explicitly mentions the need for minor repairs, landscaping, and updating. While the interior shows some newer flooring, the overall age and short sale status suggest original systems and dated kitchen/bath fixtures.
The property features desirable mountain views, providing a scenic backdrop and enhancing the overall aesthetic appeal and value of the home.
With 4 bedrooms and 3 bathrooms across 1,880 square feet, the home offers a functional and generous floor plan well-suited for growing families.
Positioned as a short sale in a prime Mesa location, this property presents a significant opportunity for buyers to build equity through minor repairs and cosmetic updates.
The home requires minor repairs, landscaping, and interior updating, which will necessitate additional upfront capital and effort from the buyer post-closing.
As a short sale, the transaction may involve a more complex and lengthy closing timeline subject to third-party lender approval.
Great short sale opportunity in prime Mesa location! Home is in need of minor repairs, landscaping and updating but overall in good condition.
No exterior & parking available.
Grades PK-6 • 1.4 mi
Grades 7-8 • 0.8 mi
Grades 8-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,880 | 2,234 | 21% |
| Lot Size | 5,500 | 7,204.5 | 17% |
| Price | $425.0K | $481.9K | 42% |
| Price per sq ft | $226 | $227 | 48% |
| Built year | 1999 | 2012 | 17% |
| HOA | $67 | $122 | 17% |
| Days on market | 41 | 2185 | 1% |
May 4, 2026
$425,000
Initial Listing