11432 E Petra Avenue, Mesa, AZ 85212, Mesa, 85212 - 4 bed, 2 bath
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Mesa, AZ 85212
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $399,000—positioned well below the $429,528 Fair Market Value by 7%. This valuation gap provides $30,528 in Instant Equity for the buyer. The home maintains a Move-In Ready Condition Rating, featuring brand-new kitchen appliances, fresh interior paint, and a functional primary suite with a soaking tub. Boasting a large 7,137 sqft lot and proximity to Meridian Elementary, it balances immediate lifestyle comfort with financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11432 E Petra Avenue Subject | $399,000* List Price | 4 | 2 | 1,664 | $258 | - |
A 10902 E QUARRY Circle Sold | $309,000 | 4 | 2 | 1,712 | $180 | 0.8 mi |
B 11227 E ONZA Avenue Sold | $510,000 | 2 | 2 | 1,888 | $270 | 0.4 mi |
C 3503 S ADELLE Street Sold | $356,715 | 3 | 2 | 1,308 | $273 | 0.4 mi |
D 3541 S CALDERON Circle Sold | $489,000 | 4 | 3 | 2,162 | $226 | 0.4 mi |
E 3529 S TAMBOR -- Active | $450,000 List Price | 3 | 2 | 1,670 | $269 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring brand-new kitchen appliances and fresh interior paint throughout. Although built in 2001 (24 years ago), the recent cosmetic updates and functional primary suite with a separate shower and soaking tub elevate its condition above 'fair,' as it requires no immediate renovations for occupancy.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7137, living area = 1664.
The home features brand-new kitchen appliances and fresh interior paint throughout, offering a turnkey experience for buyers looking to avoid immediate renovation costs.
The primary bedroom serves as a true retreat with a spacious walk-in closet and a private bathroom equipped with both a separate shower and a soaking tub.
The assigned high school currently holds a lower rating compared to the elementary and middle schools, which may impact long-term appeal for some families.
Built in 2001, the property may soon require updates to major systems like the roof or HVAC, which are not noted as recently replaced in the listing.
This 4-bedroom, 2-bath home features a spacious eat-in kitchen with brand-new appliances and ample cabinet space. The primary suite includes a large walk-in closet and a private bath with separate shower and soaking tub. The home has been freshly painted throughout and offers a functional floor plan with comfortable living areas. Conveniently located with easy freeway access and nearby park areas for outdoor activities.
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades 7-8 • 1.8 mi
Grades 8-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 37% |
| Square foot | 1,664 | 2,261 | 11% |
| Lot Size | 7,137 | 7,200 | 47% |
| Price | $399.0K | $495.0K | 33% |
| Price per sq ft | $240 | $233 | 57% |
| Built year | 2001 | 2014 | 29% |
| HOA | $165 | $123 | 77% |
| Days on market | 53 | 1384 | 0% |
Feb 28, 2026
$399,000
Initial Listing