11325 E Marguerite Avenue, Mesa, AZ 85208, Mesa, 85208 - 3 bed, 2 bath
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Mesa, AZ 85208
This Modernized Turnkey Residence is a High-Potential Investment Opportunity, listed at $399,000—positioned well below the $412,098 Fair Market Value by 3%. This valuation gap offers $13,098 in Instant Equity. Boasting an Excellent Condition Rating, the home features a brand-new kitchen, wood-look tile flooring, and a newer roof. The generous 8,690 sq ft lot provides two RV gates and no HOA, situated near the 9/10 rated Franklin Elementary School. This is an ideal match for Owner-Occupants or first-time buyers seeking a polished, stress-free transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11325 E Marguerite Avenue Subject | $399,000* List Price | 3 | 2 | 1,404 | $294 | - |
A 11429 E VINE Avenue Sold | $399,900 | 3 | 2 | 1,332 | $300 | 0.2 mi |
B 11341 E EDGEWOOD Avenue Sold | $444,400 | 3 | 2 | 1,436 | $309 | 0.5 mi |
C 810 S TOBIN Circle Sold | $449,000 | 3 | 2 | 1,300 | $345 | 0.9 mi |
D 11361 E ESCONDIDO Avenue Sold | $450,000 | 3 | 2 | 1,627 | $277 | 0.4 mi |
E 11242 E EMELITA Avenue Sold | $395,000 | 3 | 2 | 1,412 | $280 | 0.6 mi |
F 10933 E WIER Avenue Sold | $394,000 | 3 | 2 | 1,427 | $276 | 0.5 mi |
G 857 S DEL RANCHO -- Pending | $439,900 List Price | 3 | 2 | 1,300 | $338 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation that includes a brand-new kitchen with modern shaker cabinets and farmhouse sink, fully updated bathrooms, and newer wood-look tile flooring throughout. Additionally, the home features significant structural and system updates such as a newer roof and updated windows, effectively neutralizing its 1978 build date and meeting the criteria for excellent condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8690, living area = 1404.
Elementary School: Franklin Elementary School (9/10).
The property has been extensively updated inside and out, featuring a brand-new kitchen, renovated bathrooms, newer wood-look tile flooring, a newer roof, and updated windows for a truly move-in-ready experience.
While the cosmetic and surface updates are extensive, the 1978 build date suggests that underlying systems like plumbing and electrical may be nearing the end of their typical life cycles.
Although the local elementary school is highly rated, the assigned middle and high schools have lower performance scores, which could be a consideration for families prioritizing education.
Beautifully remodeled inside and out, this move-in ready home features a brand-new kitchen, updated laundry room, newer wood-look tile flooring, and fully renovated bathrooms. Enjoy spacious bedrooms, including a primary suite with a walk-in closet. The low-maintenance yard offers synthetic grass and pavers in both the front and back, plus a large storage shed. Additional highlights include a newer roof, updated windows, and two RV gates-all located in a great non-HOA neighborhood.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-6 • 8.0 mi
Grades K-6 • 12.0 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 | 1,404 | 1,579 | 30% |
| Lot Size | 8,690 | 7,365 | 74% |
| Price | $399.0K | $356.5K | 66% |
| Price per sq ft | $284 | $219 | 88% |
| Built year | 1978 | 1997 | 19% |
| HOA | $0 | $99 | 26% |
| Days on market | 13 | 2280 | 1% |
Apr 9, 2026
$399,000
Initial Listing