
Mesa, AZ 85203
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $415,000—positioned well below the $430,233 Fair Market Value by 3%. This valuation gap offers $15,233 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Paid-off Tesla Solar System, Granite Kitchen, and No HOA. With a large lot offering ADU Development Potential and proximity to Top-Rated Schools, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term energy efficiency and growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 113 N RIDGE Circle Subject | $425,000* List Price | 3 | 2 | 1,228 | $354 | - |
A 1539 E 3RD Street Sold | $399,000 | 3 | 2 | 1,274 | $313 | 0.4 mi |
B 1539 E 3RD Street Sold | $399,000 | 3 | 2 | 1,274 | $313 | 0.4 mi |
C 1844 E 1st Place Active Under Contract | $400,000 List Price | 3 | 2 | 1,264 | $316 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1979, the property is move-in ready with significant recent updates. It features a high-end Tesla solar and Powerwall system, new carpet, and fresh paint. Kitchen and baths have been renovated with granite countertops and stainless appliances, appearing to be within the 5-15 year renovation window.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7471, living area = 1228.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property features a fully paid-off Tesla solar system with 36 panels and two Powerwall 3 units, offering significant utility savings and whole-home power backup without the burden of a lease.
At 1,228 square feet for a three-bedroom home, the living spaces and bedrooms may feel small or restrictive for larger families or those accustomed to more modern, open-concept footprints.
The backyard features only an uncovered patio, which is a significant drawback in the Arizona climate and will likely require additional investment for a covered structure to make the space usable during summer months.
Move-in ready Mesa home with premium energy upgrades, no HOA, and a backyard full of possibility. This single-level 3-bedroom, 2-bath home offers 1,228 sq ft on a 7,471 sq ft cul-de-sac lot, with a 2-car garage prewired for an EV charger. Charger not included. The standout feature is the paid-off Tesla solar system with 36 panels and two Tesla Powerwall 3 units for whole-home backup, giving the next owner a major energy upgrade without assuming a solar lease. Inside, the home feels fresh and inviting with new carpet, fresh interior paint, tile in the main living areas, granite countertops, stainless steel appliances, electric range and oven, dishwasher, ceiling fans, and a private primary suite with its own full bath. The backyard is a major highlight: large, open, and ready for the nex owner's vision. An uncovered back patio sits directly off the rear door, creating an easy space for outdoor dining, grilling, lounging, or entertaining. The yard also offers room to explore a future pool, garden, play area, guest space, or Accessory Dwelling Unit. Based on Mesa's ADU size rule, the property may support an ADU up to approximately 921 sq ft, subject to buyer verification, setbacks, permits, and city approval. Recent improvements include new carpet, fresh interior paint, new exterior doors, updated front rock-and-paver landscaping, and a 10x10 backyard storage shed. Located near the Gilbert Rd/Main St light rail extension, Downtown Mesa, Mesa Arts Center, dining, shopping, and ASU at Mesa City Center.
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades K-6 • 1.2 mi
Grades K-6 • 2.3 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 | 1,228 | 2,164.5 | 13% |
| Lot Size | 7,471 | 10,262.5 | 24% |
| Price | $425.0K | $399.0K | 61% |
| Price per sq ft | $346 | $202 | 92% |
| Built year | 1979 | 1983 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 2320 | 3% |
Jun 1, 2026
$425,000
$415,000
+2% Price Increase
Initial Listing
May 22, 2026
$415,000
Initial Listing