112 N SULLEYS Drive, Mesa, AZ 85205, Mesa, 85205 - 3 bed, 2 bath
Loading property details...
Mesa, AZ 85205
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $550,000, which aligns closely with its $540,307 Fair Market Value. Featuring an Excellent Condition Rating, the home includes a permitted basement remodel, a 24x24 detached workshop, and 2024 roof replacements on both structures. The property offers significant utility through its large lot and RV access, minimizing near-term maintenance costs. This move-in ready home balances modern upgrades with unique functional space, making it an ideal acquisition for Owner-Occupants or hobbyists seeking a versatile, well-maintained property in central Mesa.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 112 N SULLEYS Drive Subject | $545,000* List Price | 3 | 2 | 1,776 | $303 | - |
A 3929 E DECATUR Street Sold | $500,000 List Price | 3 | 2 | 1,782 | 0.6 mi | |
B 746 N BERMUDA -- Sold | $530,000 | 3 | 2 | 2,016 | $263 | 0.9 mi |
C 523 N OMAHA Circle Sold | $420,000 | 4 | 2 | 1,783 | $236 | 0.7 mi |
D 3620 E DOVER Street Sold | $490,000 | 4 | 2 | 1,782 | $275 | 0.8 mi |
E 3716 E DARTMOUTH Street Active Under Contract | $589,900 List Price | 4 | 2 | 1,874 | $315 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1969, the property has undergone extensive recent renovations and system replacements that meet the 'Excellent' criteria. Key updates include a brand new roof (2024), recently replaced HVAC systems for both the home (2021) and workshop (2023), and a high-quality permitted basement remodel. The interior features modern flooring, recessed lighting, and stainless steel appliances, while the exterior boasts new paint and landscaping, making it a mint-condition, move-in ready home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9073, living area = 1776.
The property features a rare, gorgeous permitted basement remodel, providing unique additional living space that is highly coveted in the Arizona market.
A massive 24x24 detached workshop with its own dedicated AC (2023) and an RV gate offers exceptional utility for hobbyists, tradespeople, or those with recreational vehicles.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Built in 1969, the home may possess older plumbing or electrical infrastructure common to its era, which may not meet the expectations of buyers looking for modern building standards.
At a $550,000 list price for a 3-bedroom configuration, the property sits at a premium price point that may face stiff competition from newer or larger homes in the Mesa area.
Wow, unbelievable basement home with no HOA in prime, central Mesa location with 24'x24' shop w/ AC. This 3 bedroom, 2 bathroom home has it all. Updated LVP flooring, updated kitchen & bathrooms, The basement is permitted, with another living room, primary bedroom and primary bathroom. The basement is fully remodeled w/ new drywall, insulated walls & ceiling, and has two independent 1.5 ton Mitsubishi inverter mini splits that were professionally installed. Double vanity, huge shower, toilet in the primary bathroom. All plumbing in basement is pex & ABS.The basement windows all have motorized 100% blackout shades. The kitchenette has a sink w/ hot & cold water, a convection microwave oven & a mini-fridge for drinks. The shop roof is 3 years old. The 24'x24' shop was built w/ block. ...and covered w/ 3" of styrofoam, then stuccoed for maximum insulation. There is a 2 ton Mitsubishi inverter mini-split that was professionally installed. It has a 60 amp sub panel and 13 LED commercial grade lights providing over 40,000 lumens. There are 2 high powered ceiling fans. A roll up 7' high by 8' wide door in the rear and a 7.5' high by 12' wide fully insulated, motorized door in the front. Then home has a newer main panel, newer roof, 3 ton roof mounted AC unit, water softener & a new 50 gallon electric water heater. New front landscape w/ gorgeous accent lights at night. Come check it out today!!!
No exterior & parking available.
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 | 1,776 | 1,596.5 | 63% |
| Lot Size | 9,073 | 7,525 | 75% |
| Price | $545.0K | $282.5K | 90% |
| Price per sq ft | $307 | $204 | 88% |
| Built year | 1969 | 1983 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 65 | 2309 | 1% |
May 29, 2026
$545,000
$550,000
-1% Price Drop
Initial Listing
Apr 12, 2026
$550,000
Initial Listing