11433 E PETERSON Avenue, Mesa, AZ 85212, Mesa, 85212 - 4 bed, 3 bath
Loading property details...
Mesa, AZ 85212
This Spacious Single-Family Residence is a High-Potential Investment Opportunity, listed at $550,000—positioned well below the $666,416 Fair Market Value by 17%. This significant valuation gap provides $116,416 in Instant Equity. Boasting a Condition Rating of 3, the home is move-in ready, featuring a pebble tec pool, built-in BBQ, and a 3-car garage. With 2,951 sq ft of living space and a versatile loft, it balances immediate lifestyle comfort with substantial financial upside. This is an elite 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 |
|---|---|---|---|---|---|---|
★ 11433 E PETERSON Avenue Subject | $537,500* List Price | 4 | 3 | 2,951 | $182 | - |
A 11250 E PRAIRIE Avenue Sold | $520,000 | 4 | 2 | 2,692 | $193 | 0.3 mi |
B 3541 S CALDERON Circle Sold | $489,000 | 4 | 3 | 2,162 | $226 | 0.2 mi |
C 3541 S CALDERON Circle Sold | $489,000 | 4 | 3 | 2,162 | $226 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows pride of ownership. Built in 2002, it has been well-maintained with recent updates including a freshly painted interior and stainless steel kitchen appliances. The outdoor area is a significant asset with a well-kept pebble tec pool and built-in BBQ. While some elements like the kitchen cabinetry and countertops appear to be from the original construction period, the home's overall cleanliness and functional layout meet the criteria for a 'good' condition rating.
The backyard is perfectly equipped for Arizona living, featuring a premium pebble tec pool and a built-in BBQ area designed for year-round relaxation and hosting.
With 2,951 sq ft of living space, soaring high ceilings, a dedicated office with custom built-ins, and a 3-car garage, this home offers exceptional functionality for large families.
The property boasts a recently updated kitchen and fresh interior paint, providing a modern aesthetic and reducing the need for immediate renovation costs.
The assigned high school has a relatively low rating of 4/10, which may be a concern for families prioritizing top-tier educational performance.
The multi-level design may limit appeal for buyers seeking long-term accessibility or those who prefer the convenience of a single-story floor plan.
**Back on Market due to buyer unable to perform Sold As- Is - 2 Year Termite Treatment and Warranty has been completed and ready for a new buyer. Welcome to this beautifully maintained 2-story home in highly desirable East Mesa! Built in 2002, this spacious residence offers 2,951 sq ft of living space featuring an open and functional floor plan with soaring high ceilings and abundant natural light. Updated kitchen and freshly painted interior. The home includes a versatile loft, a dedicated office/den with custom built-ins, and a 3-car garage providing ample storage and convenience. The backyard is designed for both relaxation and entertaining, complete with a pebble tec pool and a built-in BBQ, perfect for enjoying Arizona living year-round.
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 7-8 • 1.9 mi
Grades 8-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,951 | 2,234 | 84% |
| Lot Size | 7,286 | 7,229.5 | 51% |
| Price | $537.5K | $486.5K | 68% |
| Price per sq ft | $182 | $227 | 36% |
| Built year | 2002 | 2012 | 33% |
| HOA | $173 | $123 | 80% |
| Days on market | 104 | 2185 | 1% |
May 15, 2026
$537,500
$540,000
+0% Price Increase
Initial Listing
Apr 27, 2026
$540,000
$550,000
-2% Price Drop
Initial Listing
Mar 2, 2026
$550,000
Initial Listing