10861 E CRESCENT Avenue, Mesa, AZ 85208, Mesa, 85208 - 3 bed, 2 bath
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Mesa, AZ 85208
This Turnkey Single-Family Residence represents a High-Potential Investment Opportunity, listed at $435,000—positioned well below the $605,079 Fair Market Value by 28%. This significant valuation gap provides $170,079 in Instant Equity. Boasting an Excellent Condition Rating, the 2016-built home features a brand-new 5-ton HVAC system, a gourmet kitchen with double ovens, and scenic mountain views. Proximity to the 9/10 rated Franklin Elementary School ensures long-term desirability. This is an elite acquisition for Owner-Occupants seeking rapid wealth accumulation or Buy-and-Hold Investors targeting a high-yield asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10861 E CRESCENT Avenue Subject | $435,000* List Price | 3 | 2 | 1,993 | $218 | - |
A 10333 E Diamond Avenue Sold | $434,900 List Price | 3 | 2 | 2,015 | 0.8 mi | |
B 10738 E Dragoon Circle Sold | $420,990 List Price | 3 | 3 | 1,523 | 0.3 mi | |
C 10543 E FLOSSMOOR Avenue Sold | $442,000 | 3 | 2 | 1,646 | $269 | 1.0 mi |
D 10933 E WIER Avenue Sold | $394,000 | 3 | 2 | 1,427 | $276 | 0.2 mi |
E 10435 E FORGE Avenue Sold | $500,000 | 4 | 3 | 2,102 | $238 | 0.9 mi |
F 11242 E EMELITA Avenue Sold | $395,000 | 3 | 2 | 1,412 | $280 | 0.7 mi |
G 10722 E DRAGOON Circle Active | $468,990 List Price | 4 | 3 | 1,807 | $260 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property was built in 2016, placing it within the 10-year threshold for an excellent rating. It is exceptionally well-maintained with a brand-new 5-ton HVAC system installed in 2025. The kitchen is modern and spacious, featuring double ovens, a large island, and ample storage. The interior shows no signs of deferred maintenance, with clean flooring and updated bathroom features, including a master ensuite and a recently converted walk-in shower in the secondary bath.
Elementary School: Franklin Elementary School (9/10).
A brand new 5-ton A/C unit installed in October 2025 with a transferable warranty provides significant value and peace of mind for cooling efficiency in the Arizona climate.
The nearly 2,000 sqft layout features a desirable split floorplan with three bedrooms plus a dedicated den/office, offering excellent flexibility for remote work or a growing family.
The 5,176 sqft lot is relatively small for a home of this size, which may limit outdoor recreation space and privacy between neighboring properties.
The conversion of the hallway bathtub to a walk-in shower may be a drawback for families with young children who require a traditional tub for bathing.
Check out this awesome one story split floorplan home featuring 3 bedrooms PLUS a den/office, 2 Full bathrooms and a 2 car garage. This home features a large open kitchen with plenty of cabinets for storage, a large island, a great size walk in pantry, laundry room, not one but two ovens and a brand new 5 ton A/C unit installed in 10/2025 that comes with a transferrable warranty. Primary bedroom is a great size that features a walk in closet and a master ensuite. The ensuite bathroom features a water closet, linen closet, double sinks, tub and a walk in shower. The front bedrooms had fan/lights installed and the tub/shower in the hallway bath was converted to a walk in shower with safety grab bars and a light.
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades PK-6 • 7.5 mi
Grades K-6 • 11.4 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 | 1,993 | 1,628 | 70% |
| Lot Size | 5,176 | 7,584 | 14% |
| Price | $435.0K | $339.9K | 77% |
| Price per sq ft | $218 | $209 | 55% |
| Built year | 2016 | 1998 | 96% |
| HOA | $118 | $109 | 51% |
| Days on market | 115 | 2635 | 1% |
Feb 20, 2026
$435,000
Initial Listing